NOT LISTED FOR SALE

4200 Falling View Ln Mechanicsville, VA 23111

Estimated Value: $781,000 - $1,086,000

10 Acres
$93,463 Price per Acre
435,600 Sq Ft Lot

Last Sold February 12, 2013

Last sale price $70,000

Est. 1,235% increase in value since last sale

Current estimated payment $5,604/month

About This Lot

As of February 2013

** A PURCHASE CONTRACT HAS BEEN ACCEPTED - WAITING ON FINAL DOCS TO BE SENT BACK FROM BANK ** NICE 10 Acre Foreclosure Building Lot in Chestnut Hill Estates - Excellent Price, Excellent Opportunity! Corner lot located in a pretty 12 lot private subdivision with paved road, nice Entrance Way & nice homes in the subdivision. Great opportunity to purchase this discounted priced lot to build your dream home. Builders...this would be a great lot to spec a home on! Great location, conviently located less than 5 miles to 295 and 15 minutes to downtown Richmond or the airport.

Last Agent to Sell the Property

Bill LaFratta

Shaheen Ruth Martin & Fonville License #0225038272 Listed on: 11/24/2012

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Jennifer James

Broad Sky Realty License #0225070916

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $978

Lot Details

  • 10 Acre Lot
  • Property fronts a private road
  • Zoning described as A-1 - AGRICULTURAL

HOA Fees

  • $17 Monthly HOA Fees

Schools

  • Cold Harbor Elementary School
  • Bell Creek Middle School
  • Mechanicsville High School

Utilities

  • Well Required

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 12
  • Assessor Parcel Number 8743-95-6678

Property Details

Property Type

Land

Est. Annual Taxes

$978

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 10.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: REO
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: 20

Interior Features

  • Basement YN: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Not Connected, Well Needed
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Parcel Number: 8743-95-6678
  • Zoning Description: A-1 - AGRICULTURAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 978.48
  • Tax Block: -
  • Tax Lot: 12

MLS Schools

  • Elementary School: Cold Harbor
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2012
Closed on
Feb 7, 2013
Sold by
Fifth Third Mortgage Company
Bought by
Mister Thomas
Seller's Agent
Bill LaFratta
Shaheen Ruth Martin & Fonville
Buyer's Agent
Jennifer James
Broad Sky Realty
List Price
$84,500
Sold Price
$70,000
Premium/Discount to List
-$14,500
-17.16%
Current Estimated Value
$934,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,631
Avg. Annual Appreciation
22.60%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Alg Trustees Llc and Smith Jon B
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Aug 10, 2005
Sold by
Glover Gerald W
Bought by
Smith John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mister Thomas $70,000 --
Fifth Third Mortgage Company $41,400 --
Smith John B $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith John B $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2013 02/12/13 Sold $70,000 -17.2% --
02/01/2013 02/01/13 Pending -- -- --
11/23/2012 11/23/12 For Sale $84,500 -- --
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 $8,047 $993,500 $190,300 $803,200
2024 $7,824 $965,900 $172,900 $793,000
2023 $7,202 $935,400 $154,500 $780,900
2022 $6,241 $770,500 $145,400 $625,100
2021 $5,647 $697,100 $136,300 $560,800
2020 $5,275 $651,200 $127,100 $524,100
2019 $5,387 $651,200 $127,100 $524,100
2018 $5,387 $665,000 $124,100 $540,900
2017 $4,025 $496,900 $124,100 $372,800
2016 $978 $120,800 $120,800 $0
2015 $978 $120,800 $120,800 $0
2014 $978 $120,800 $120,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1228172

Central Virginia Regional MLS

APN: 8743-95-6678