NOT LISTED FOR SALE

4223 Falling View Ln Mechanicsville, VA 23111

Estimated Value: $713,000 - $939,000

10.01 Acres
$82,242 Price per Acre
436,036 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $159,000

Est. 418% increase in value since last sale

Current estimated payment $4,868/month

246 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • Additional Land
  • Bell Creek Middle School Rated A-
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of May 2018

Lot 6. Ten pristine buildable acres in Hanover Co. notable for its award winning schools! Gorgeous lot, privately tucked away in a culdesec on a single street subdivision in God's country. Nature lovers paradise yet convenient to interstate I295 and I64 and shopping. Only 15 minutes to downtown Richmond and 10 minutes to Mechanicsville proper. Build your dream home here! Bring your own builder! Horses permitted! Stream runs along rear property line. Soil study performed in 2014. Test results determined several suitable building sites that will support a conventional septic system.
Neighboring lot 7 is also available for sale. Seller will negotiate a package deal for the purchase of both lots, 6 and 7. See plat.

Last Agent to Sell the Property

Catherine Christian Stanley

Shaheen Ruth Martin & Fonville License #0225184446 Listed on: 07/16/2017

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Rick Giles

Realty Richmond License #0225191365

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,004

Lot Details

  • 10.01 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees
  • Additional Land
  • Zoning described as A1

HOA Fees

  • $17 Monthly HOA Fees

Schools

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

Additional Features

  • Horses Allowed On Property
  • Well Required

Community Details

  • Chestnut Hill Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 8743-75-0831

Property Details

Property Type

Land

Est. Annual Taxes

$1,004

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 10.01
  • Road Frontage Type: Private Road
  • Ownership: Individuals
  • Subdivision Name: Chestnut Hill Estates
  • Special Features: None

Interior Features

  • Possible Use: Hunting, Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Additional Land Available, Buildable, Cul-De-Sac, Hardwood Trees, Wooded
  • Waterfront Features: Creek
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Phone Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 200.0
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Common Areas, Road Maintenance

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Parcel Number: 8743-75-0831
  • Horse Amenities: Horses Allowed
  • Wooded Area: 10.01
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1004.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Cold Harbor
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2017
Closed on
May 30, 2018
Sold by
Mahone Scott F
Bought by
Payne Bart Franklin and Payne Katherine Tuckwiller
Seller's Agent
Catherine Christian Stanley
Shaheen Ruth Martin & Fonville
Buyer's Agent
Rick Giles
Realty Richmond
List Price
$175,000
Sold Price
$159,000
Premium/Discount to List
-$16,000
-9.14%
Current Estimated Value
$823,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,240
Avg. Annual Appreciation
24.85%
Original Mortgage
$512,740
Outstanding Balance
$441,486
Interest Rate
4.4%
Mortgage Type
Construction
Estimated Equity
$381,754

Purchase Details

Closed on
Aug 16, 2002
Sold by
Mapledale Llc
Bought by
Mahone Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,785
Interest Rate
6.61%
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
Payne Bart Franklin $159,000 Attorney
Mahone Scott F $363,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Bart Franklin $512,740
Previous Owner Mahone Scott F $330,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $159,000 -4.2% --
03/19/2018 03/19/18 Pending -- -- --
10/25/2017 10/25/17 Price Changed $166,000 -5.1% --
07/16/2017 07/16/17 For Sale $175,000 -- --
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 $6,252 $771,900 $190,100 $581,800
2024 $6,052 $747,100 $172,700 $574,400
2023 $5,516 $716,400 $154,400 $562,000
2022 $5,112 $631,100 $145,200 $485,900
2021 $4,225 $521,600 $136,100 $385,500
2020 $3,941 $486,600 $127,000 $359,600
2019 $1,004 $434,500 $127,000 $307,500
2018 $1,004 $124,000 $124,000 $0
2017 $1,004 $124,000 $124,000 $0
2016 $977 $120,600 $120,600 $0
2015 $977 $120,600 $120,600 $0
2014 $977 $120,600 $120,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1726259

Central Virginia Regional MLS

APN: 8743-75-0831