$45,500
SOLD DEC 27, 2012

4220 Lockin Rd Powhatan, VA 23139

3 Beds
1 Bath
1,223 Sq Ft
1.59 Acres

Recently Sold

$37 Per Sq Ft

30% Below List Price

47 Days on Market

About This Home

As of June 2024

INVESTOR LIQUIDATION - Investment opportunity with long frontage on Rt 60 in Powhatan County. The property consist of 1.59 acres with frontage on Lockin Road and about 245' along Rt 60. The home on the property needs renovation (clean up, paint, carpet, a few fixtures) and would be a good rental. The Powhatan County comprehensive plan has the property designated as "Village Center" which will allow for a wide range of commercial operations. The property will be sold as-is where-is with inspections for information only.

Last Agent to Sell the Property

Stoney Marshall

Hometown Realty Services Inc License #0225076565 Listed on: 10/31/2012

Last Buyer's Agent

Mary Marsh

Shaheen Ruth Martin & Fonville License #0225202376

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • 1973

Home Design

  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number M0002613

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

1973

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 37.20
  • Finished Sq Ft: 1223
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Number of Rooms: 7
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Level 2 Half Bathroom: 1
  • Basement Type: Basement-Partial
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Shingled
  • Siding: Aluminum

Utilities

  • Sewer: Conventional Septic
  • Water: Well

Schools

  • Elementary School: Powhatan
  • Middle School: Powhatan
  • High School: Powhatan

Lot Info

  • Lot Description: Level, Wooded
  • Parcel Number: M0002613

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jan 16, 2024
Sold by
Wilkerson Angela
Bought by
Trek Proeprties Llc
Seller's Agent
NON MLS USER MLS
NON MLS OFFICE
Buyer's Agent
James Nay
River City Elite Properties
Sold Price
$150,000
Total Days on Market
47
Current Estimated Value
$396,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,060
Avg. Annual Appreciation
103.14%

Purchase Details

Listed on
Oct 31, 2012
Closed on
Dec 28, 2012
Seller's Agent
Stoney Marshall
Hometown Realty Services Inc
Buyer's Agent
Mary Marsh
Shaheen Ruth Martin & Fonville
List Price
$65,000
Sold Price
$45,500
Premium/Discount to List
-$19,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
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 Type Sale Price Title Company
Deed $150,000 --
Deed $45,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $319,500 -1.7% $158 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $325,000 -7.1% $160 / Sq Ft
04/24/2024 04/24/24 For Sale $350,000 +133.3% $173 / Sq Ft
01/23/2024 01/23/24 Sold $150,000 +229.7% $123 / Sq Ft
12/27/2012 12/27/12 Sold $45,500 -30.0% $37 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $65,000 -- $53 / Sq Ft
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 $1,253 $181,600 $78,400 $103,200
2024 $1,161 $168,200 $72,600 $95,600
2023 $1,101 $134,600 $60,100 $74,500
2022 $1,036 $134,600 $60,100 $74,500
2021 $968 $113,900 $55,100 $58,800
2020 $968 $107,600 $49,100 $58,500
2019 $947 $107,600 $49,100 $58,500
2018 $984 $107,600 $49,100 $58,500
2017 $989 $111,800 $49,100 $62,700
2016 $1,006 $111,800 $49,100 $62,700
2014 $979 $108,800 $47,100 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1226782

Central Virginia Regional MLS

APN: 026A-1-13