NOT LISTED FOR SALE

401 Land Or Dr Ruther Glen, VA 22546

Estimated Value: $554,000 - $798,000

0.5 Acre
$1,399,342 Price per Acre
21,780 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $65,000

Est. 976% increase in value since last sale

Current estimated payment $4,450/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Public Beach
  • Beach
  • Private Water Access
  • Fitness Center

About This Lot

As of September 2020

1/2 Acre waterfront lot in Lake Land Or. Community amenities include pool, beach, playground, clubhouse, gated access and more!

Last Agent to Sell the Property

Lisa Ross

(540) 842-6439 lisaross@c21redwood.com Century 21 Redwood Realty Listed on: 07/17/2019

Century 21 Redwood Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $581

Lot Details

  • 0.5 Acre Lot
  • Home fronts navigable water
  • Public Beach
  • 614 & 615
  • Property is zoned R1

HOA Fees

  • $88 Monthly HOA Fees

Additional Features

  • Lake Views
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 616
  • Assessor Parcel Number 51A8-4-616

Community Details

Overview

  • Association fees include common area maintenance, pool(s), security gate
  • Lake Land Or Property Association, Phone Number (804) 749-8868
  • Lake Land Or Subdivision
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Community Playground
  • Fitness Center
  • Community Pool
  • Private Water Access
  • Property is near a lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$581

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Recreation
  • Historic: No
  • New Construction: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.21

Exterior Features

  • Construction Completed: No
  • View: Lake
  • Water Access Features: Private Access, Public Beach, Public Access
  • Water Access: Yes
  • Water Body Name: Lake Land Or
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System
  • Utilities: Electric Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1050.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Common Grounds, Exercise Room, Gated Community, Lake, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Security Gate
  • HOA Name: LAKE LAND OR PROPERTY ASSOCIATION
  • HOA Phone: 804-749-8868
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 614 & 615
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16808621
  • Tax Annual Amount: 581.00
  • Assessor Parcel Number: 51A8-4-616
  • Tax Lot: 616
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Regal Holdings Llc
Bought by
Schutte Kevin J and Schutte Sarah Marsh
Current Estimated Value
$699,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,085
Outstanding Balance
$373,758
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$325,913

Purchase Details

Closed on
Jun 8, 2021
Sold by
Schutte Kevin and Schutte Sarah
Bought by
Regal Holdings Llc

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 18, 2020
Sold by
Cento Group Llc
Bought by
Schutte Kevin and Schutte Sarah
Seller's Agent
Lisa Ross
Century 21 Redwood Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.49%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Scaccio Edward L
Bought by
Cento Group Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Schutte Kevin J -- Verus Title
Schutte Kevin J -- Verus Title
Regal Holdings Llc -- Verus Title Inc
Regal Holdings Llc -- Verus Title
Schutte Kevin $65,000 Old Republic Natl Ttl Ins Co
Cento Group Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutte Kevin J $401,085
Closed Schutte Kevin J $401,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $65,000 -7.1% --
07/16/2020 07/16/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $70,000 +7.7% --
12/31/2019 12/31/19 Off Market $65,000 -- --
07/17/2019 07/17/19 For Sale $70,000 -- --
Source: Bright MLS

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
2025 $548,163 $711,900 $95,000 $616,900
2024 $3,748 $486,800 $92,000 $394,800
2023 $3,748 $486,800 $92,000 $394,800
2022 $616 $80,000 $80,000 $0
2021 $616 $80,000 $80,000 $0
2020 $581 $70,000 $70,000 $0
2019 $581 $70,000 $70,000 $0
2018 $581 $70,000 $70,000 $0
2017 $581 $70,000 $70,000 $0
2016 $574 $70,000 $70,000 $0
2015 $504 $70,000 $70,000 $0
2014 $504 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VACV120638

Bright MLS

APN: 51A8-4-616