NOT LISTED FOR SALE

4116 River Rd Petersburg, VA 23803

Estimated Value: $332,000 - $623,125

12.4 Acres
$35,950 Price per Acre
540,057 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $130,000

Est. 243% increase in value since last sale

Current estimated payment $2,799/month

146 Days on Market

About This Lot

As of November 2021

Excellent opportunity located right in Chesterfield County! This residential land offers you 12.398 acres of buildable land. This prime location is conveniently located nearby to Virginia State University, Rogers Stadium, the Chesterfield county library, and many restaurants. There is the schematic for a 23 unit neighborhood that was approved by Chesterfield County for this land. This approval is currently expired, but shouldn’t be to difficult to get renewed.

Last Agent to Sell the Property

Stephanie booker

Real Broker LLC License #0225224670 Listed on: 05/28/2021

Real Broker LLC

Last Buyer's Agent

Jovi Richards

The Hogan Group Real Estate License #0225237105

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,163

Lot Details

  • 12.4 Acre Lot
  • Property fronts a county road
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R7

Schools

  • Ettrick Elementary School
  • Matoaca Middle School
  • Matoaca High School

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 792-61-11-28-500-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,163

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 12.398
  • Road Frontage Type: County Road
  • Ownership: Other
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Subdivision
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Split Possible
  • Waterfront: No
  • Other Structures: None

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Matoaca

Lot Info

  • Parcel Number: 792-61-11-28-500-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2163.0

MLS Schools

  • Elementary School: Ettrick
  • High School: Matoaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Nov 12, 2021
Sold by
Richmond Wholesale Deals Llc
Bought by
Billie Lance and Billie Chanae
Seller's Agent
Stephanie booker
Real Broker LLC
Buyer's Agent
Jovi Richards
The Hogan Group Real Estate
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Current Estimated Value
$445,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,708
Avg. Annual Appreciation
39.01%
Original Mortgage
$104,000
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2021
Sold by
Weathers Curtis C
Bought by
Richmond Wholesale Deals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 11, 2013
Sold by
Branch Banking & Trust Company
Bought by
Weathers Curtis C
Seller's Agent
David Riley
RE/MAX Commonwealth
Buyer's Agent
David Wiggins
Weichert Realtors Baron&Snipes
List Price
$119,000
Sold Price
$45,000
Premium/Discount to List
-$74,000
-62.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%
Original Mortgage
$36,000
Interest Rate
4.52%
Mortgage Type
Construction
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
Billie Lance $130,000 Journey Settlements
Richmond Wholesale Deals Llc $90,000 Homeland Title Stlmnt Agency
Weathers Curtis C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billie Chanae $460,000
Closed Billie Lance $104,000
Previous Owner Richmond Wholesale Deals Llc $90,000
Previous Owner Richmond Wholesale Deals Llc $90,000
Previous Owner Weathers Curtis C $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $130,000 -7.1% --
10/21/2021 10/21/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $139,900 0.0% --
09/24/2021 09/24/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $139,900 -12.5% --
08/02/2021 08/02/21 Price Changed $159,900 -11.1% --
07/20/2021 07/20/21 Price Changed $179,900 -10.0% --
07/14/2021 07/14/21 Price Changed $199,900 -9.1% --
06/20/2021 06/20/21 Price Changed $219,900 -11.7% --
05/28/2021 05/28/21 For Sale $249,000 +453.3% --
10/29/2013 10/29/13 Sold $45,000 -62.2% --
09/05/2013 09/05/13 Pending -- -- --
09/18/2012 09/18/12 For Sale $119,000 -- --
Source: Central Virginia Regional 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 $4,496 $502,400 $96,100 $406,300
2024 $4,496 $492,200 $93,100 $399,100
2023 $820 $90,100 $90,100 $0
2022 $2,201 $239,200 $239,200 $0
2021 $2,185 $230,000 $230,000 $0
2020 $2,183 $230,000 $230,000 $0
2019 $2,163 $227,700 $227,700 $0
2018 $2,175 $227,700 $227,700 $0
2017 $2,186 $227,700 $227,700 $0
2016 $2,186 $227,700 $227,700 $0
2015 $2,186 $227,700 $227,700 $0
2014 $1,157 $227,700 $227,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2116057

Central Virginia Regional MLS

APN: 792-61-11-28-500-000