NOT LISTED FOR SALE

41244 Nestlewood Rd Leesburg, VA 20176

Estimated Value: $971,000 - $1,398,000

8.19 Acres
$146,763 Price per Acre
356,756 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $180,000

Est. 568% increase in value since last sale

Current estimated payment $7,174/month

76 Days on Market

About This Lot

As of April 2012

LOCATION! Beautiful Hilltop Setting Near Historic Morven Park and Overlooking Beacon Hill. Very Private, and Only Minutes to Leesburg! Installed Artesian Well yielding 60 Gallons per Minute! 4 BR Conventional Septic Certification Letter on file. BANK OWNED! Conveys "as is." Attractive Financing to Qualified Buyer. Foundation & concrete slab have been demolished & removed. Covenants, no HOA.

Last Agent to Sell the Property

Ronald Resnick

Long & Foster Real Estate, Inc. Listed on: 09/25/2011

Long & Foster Real Estate, Inc.

Co-Listed By

Joyce Ellis

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Steele

Long & Foster Real Estate, Inc. License #MRIS:72306

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,383

Lot Details

  • 8.19 Acre Lot
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Partially Wooded Lot
  • Cost To Obtain Building Permits
  • Property is zoned AR-1

Utilities

  • Well
  • Well Permit on File
  • Site Evaluation on File
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7B
  • Assessor Parcel Number 268499668000

Property Details

Property Type

Land

Est. Annual Taxes

$3,383

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 0.56

Beds/Baths

  • Bedrooms Perc Count: 4

Utilities

  • Sewer/Septic System: Septic Exists, Site Evaluation On File
  • Water Source: Well, Well Permit On File

Lot Info

  • Agricultural District: 00
  • Land Assessed Value: 260200.00
  • Lot Features: No Thru Street, Partly Wooded, Secluded, Private
  • Lot Size Acres: 8.19
  • Lot Size Area: 356756
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 356756.00
  • Perc Type: Approved
  • Possible Use: Residential
  • Year Assessed: 2011
  • Zoning: AR-1

Tax Info

  • Assessor Parcel Number: 16575701
  • Tax Annual Amount: 3382.6
  • Assessor Parcel Number: 268499668000
  • Tax Lot: 7B
  • Tax Total Finished Sq Ft: 1880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2011
Closed on
Apr 20, 2012
Sold by
Ssb Realty Holdings Llc
Bought by
Whelchel Hugh C
Seller's Agent
Ronald Resnick
Long & Foster Real Estate, Inc.
Buyer's Agent
John Steele
Long & Foster Real Estate, Inc.
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$1,201,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,021,993
Avg. Annual Appreciation
15.25%
Original Mortgage
$125,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2011
Sold by
Casterline William H and Root Jeremy B
Bought by
Ssb Realty Holdings Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Adams David D
Bought by
Manicka Giridhar D
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
Whelchel Hugh C $180,000 --
Ssb Realty Holdings Llc $70,000 --
Manicka Giridhar D $407,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whelchel Hugh C $100,000
Open Whelchel Hugh C $636,446
Closed Whelchel Hugh C $607,000
Closed Whelchel Hugh C $125,000
Previous Owner Manicka Giridhar D $458,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $180,000 -9.5% --
12/10/2011 12/10/11 Pending -- -- --
09/25/2011 09/25/11 For Sale $199,000 -- --
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 $7,642 $949,290 $392,600 $556,690
2024 $7,877 $910,630 $367,600 $543,030
2023 $7,744 $885,070 $332,600 $552,470
2022 $6,868 $771,630 $255,600 $516,030
2021 $6,580 $671,410 $215,600 $455,810
2020 $6,784 $655,420 $223,200 $432,220
2019 $6,813 $651,980 $223,200 $428,780
2018 $6,790 $625,820 $223,200 $402,620
2017 $6,913 $614,500 $223,200 $391,300
2016 $6,955 $607,420 $0 $0
2015 $7,302 $420,170 $0 $420,170
2014 $2,788 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004600368

Bright MLS

APN: 268-49-9668