NOT LISTED FOR SALE

Estimated Value: $945,000 - $1,135,955

3 Beds
3.5 Baths
2,700 Sq Ft
$386/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $809,106 $300 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,554/month

9 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Wood Flooring
  • Open High School Rated A+
  • Waterfront
  • Main Floor Bedroom

About This Home

As of March 2021

Welcome to McRae & Lacy, where historic meets modern with Luxury Townhomes overlooking the Richmond skyline and James River, in historic Old Town Manchester. Enjoy walking to all the local restaurants, shops, and cafes that Manchester has to offer. Experience the panoramic views of the downtown skyline as you stroll across the T. Tyler Potterfield Memorial Bridge that connects you to Brown's Island and the Canal Walk. This end homesite LAUREL plan features unique touches with an open staircase, elevator, two car garage, and the best part –an outdoor terrace overlooking the James River and Richmond Skyline! The first floor offers a guest bedroom and private bathroom. Take the elevator upstairs to your Owners Suite with an oversized walk in closet, large ceramic tile shower, and laundry room. The top floor features your main level living with your kitchen, dining area, and spacious living room with an 8ft tall Nanawall opening out to the outdoor terrace. This home can still be completely personalized by the buyer at this time! All interior design selections (cabinets, countertops, flooring, lighting, etc) can be designed by YOU in our award winning Design Center!

Last Agent to Sell the Property

Brian Busbee

Eagle Realty of Virginia License #0225233406 Listed on: 05/19/2020

Last Buyer's Agent

Brian Busbee

Eagle Realty of Virginia License #0225233406 Listed on: 05/19/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,424

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Waterfront
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Custom Home
  • Rowhouse Architecture
  • Brick Exterior Construction
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Insulated Doors
  • Dining Area
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Closets

Schools

  • Blackwell Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Appliances
  • Balcony

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number S0000007035

Community Details

Overview

  • Manchester Subdivision
  • Maintained Community

Amenities

  • Common Area

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,424

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2020
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: Manchester
  • Architectural Style: Custom, Row House
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Townhouse,Detached
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Dishwasher, Exhaust Fan, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Stove, Tankless Water Heater, ENERGY STAR Qualified Appliances
  • Accessibility Features: Accessible Full Bath, Accessible Elevator Installed, Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Dining Area, Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2700.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Other
  • Fencing: None
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Brick, Drywall, Frame, HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Balcony
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Finished Garage, Garage, Garage Door Opener, Off Street, Garage Faces Rear, Two Spaces

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Maintained Community
  • Amenities: Landscaping, Management
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Snow Removal

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: S0000007035
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Lot: 1

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Mar 12, 2021
Sold by
Eagle West 7 Llc
Bought by
Upadhyaya Alok and Upadhyaya Elizabeth
Seller's Agent
Brian Busbee
Eagle Realty of Virginia
Buyer's Agent
Brian Busbee
Eagle Realty of Virginia
List Price
$750,682
Sold Price
$809,106
Premium/Discount to List
$58,424
7.78%
Current Estimated Value
$1,032,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,994
Avg. Annual Appreciation
5.64%
Original Mortgage
$451,230
Outstanding Balance
$405,178
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$637,311

Purchase Details

Closed on
Feb 7, 2020
Sold by
Pearsall John W and Pearsall Patricia R
Bought by
Eagle West 7 Llc
Source: Public Records

Range of Values:

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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
Upadhyaya Alok $809,106 None Available
Eagle West 7 Llc $389,424 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upadhyaya Alok $451,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $809,106 +7.8% $300 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $750,682 -- $278 / 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 $11,424 $952,000 $474,000 $478,000
2024 $11,436 $953,000 $474,000 $479,000
2023 $11,088 $924,000 $454,000 $470,000
2022 $10,788 $899,000 $454,000 $445,000
2021 $1,800 $313,000 $150,000 $163,000
2020 $1,800 $150,000 $150,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2015047

Central Virginia Regional MLS

APN: S000-0007-035