NOT LISTED FOR SALE

40 Florence Cir Bracey, VA 23919

Estimated Value: $492,000 - $646,000

2 Beds
2 Baths
1,760 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $255,000 $145 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,216/month

163 Days on Market

Highlights

  • Boathouse
  • Contemporary Architecture
  • Views
  • Waterfront
  • Rear Porch
  • Garden

About This Home

As of June 2013

Contemporary style woodsided home with a fantastic view of Lake Gaston, which sits on the North Carolina- Virginia State line in South Central Virginia. Easy commute via I-85 to Richmond VA, Raleigh-Durham NC. View one of the widest portions of Lake Gaston from your deck or while you relax at the included boathouse at the shoreline. One lot alone is worth more than the asking price, and this is actually a lot and a half. Don't like the house? Tear it down and build your dream on the lake. Established septic system and community well gives you a head start. Property sold As-is. Incentives for financed owner-occupant: $500 toward home owners warrnaty of buyers choice, up to 3% closing costs.

Last Agent to Sell the Property

Clark Dodson

REO Realty License #157650 Listed on: 11/08/2012

Last Buyer's Agent

Beth Smith

Exit Town & Lake Realty, South Hill License #193289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1980

Lot Details

  • 0.75 Acre Lot
  • Waterfront
  • Garden

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1.5-Story Property
  • Insulated Windows
  • Insulated Doors
  • Family Room with Fireplace
  • Crawl Space
  • Gas Oven or Range
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boathouse
  • Rear Porch

Schools

  • Mecklenburg County Elementary School
  • Park View Middle School
  • Park View High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • Martin Farm Subdivision

Listing and Financial Details

  • Tax Lot 14,15A
  • Assessor Parcel Number 14241

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1980

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Directions: From I_85 exit 3, east on Hwy 903, past Ridout Rd turn right at River Rd. Follow gravel road, taking left at both forks, to Florence Circle. House at end of road at waterfront.
  • Property Sub Type: Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 1980
  • Lot Size Acres: 0.75
  • Water Body Name: Lake Gaston NW Quad
  • Subdivision Name: Martin Farm
  • Above Grade Finished Sq Ft: 1760
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Structure Type: Site Built
  • Special Features: 1028

Interior Features

  • Appliances: Range/Oven-Gas
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 1760
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Garden Space
  • View: Yes
  • Waterfront Features: Boathouse/Single, Lake Gaston
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Rear Porch, Side Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Washer &/or Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Mecklenburg County
  • High School: Park View
  • Middle Or Junior School: Park View

Lot Info

  • Lot Size Sq Ft: 32670
  • Farm Land Area Units: Square Feet
  • Parcel #: 14241
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1396.12
  • Tax Lot: 14,15A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2017
Sold by
Price Patrick S
Bought by
Price Patrick S and Price Hester C
Current Estimated Value
$565,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$131,817
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$445,250

Purchase Details

Listed on
Nov 8, 2012
Closed on
Apr 30, 2013
Sold by
Federal Homes Loan Mtg Corp
Bought by
Price Patrick S
Seller's Agent
Clark Dodson
REO Realty
Buyer's Agent
Beth Smith
Exit Town & Lake Realty, South Hill
List Price
$312,500
Sold Price
$255,000
Premium/Discount to List
-$57,500
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$204,000
Interest Rate
3.64%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Price Patrick S -- None Available
Price Patrick S $255,000 --
Federal Home Loan Mortgage Corporation $286,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Patrick S $160,000
Closed Federal Home Loan Mortgage Corporation $204,000
Previous Owner Martin Sandra L $90,000
Previous Owner Martin Sandra L $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $255,000 -18.4% $145 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $312,500 -- $178 / Sq Ft
Source: Roanoke Valley Lake Gaston Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,370 $380,600 $200,000 $180,600
2023 $1,390 $347,400 $200,000 $147,400
2022 $1,390 $347,400 $200,000 $147,400
2021 $1,413 $336,500 $200,000 $136,500
2020 $1,413 $336,500 $200,000 $136,500
2019 $1,374 $327,100 $190,000 $137,100
2018 $1,374 $327,100 $190,000 $137,100
2017 $1,290 $307,100 $170,000 $137,100
2016 $1,290 $307,100 $170,000 $137,100
2015 -- $312,400 $170,000 $142,400
2013 -- $367,400 $225,000 $142,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 108435

APN: 14241