NOT LISTED FOR SALE

Estimated Value: $567,346 - $640,000

0.7 Acre
$854,261 Price per Acre
30,536 Sq Ft Lot

Sale Details

Date Sold: March 12, 2015

Last sale price $23,750

Est. 2,421% increase in value since last sale

Current estimated payment $3,645 / mo

13 Days on Market

About This Lot

As of March 2015

Building lot in Wellington Farms,Mostly brick or brick front houses.All plans must be approved by the ACB.

Last Agent to Sell the Property

Norris Hall

RE/MAX Commonwealth License #0225139383 Listed on: 01/07/2015

RE/MAX Commonwealth

Last Buyer's Agent

Norris Hall

RE/MAX Commonwealth License #0225139383 Listed on: 01/07/2015

RE/MAX Commonwealth

Property Details

Property Type

  • Land

HOA Fees

  • $13 Monthly HOA Fees

Schools

  • Ecoff Elementary School
  • Salem Middle School
  • Bird High School

Utilities

  • Water Not Available
  • Not Connected to Sewer

Community Details

  • Wellington Farms Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 785-659-25-93-00000

Property Details

Property Type

Land

HOA Fees

$13 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Ownership: Corporate
  • Subdivision Name: Wellington Farms
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Not Connected (at lot), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 785-659-25-93-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 768.0

MLS Schools

  • Elementary School: Ecoff
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Purdyhomes Llc A Virginia Limited Liabil
Bought by
Virgo Gary N and Virgo Angela D
Current Estimated Value
$598,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Outstanding Balance
$324,246
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$274,591

Purchase Details

Closed on
Feb 26, 2016
Sold by
Wellinvton Farms Llc A Virginia Limited
Bought by
Purdyhomes Llc A Virginia Limited Liabil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 7, 2015
Closed on
Mar 12, 2015
Sold by
Questar Builders Llc
Bought by
Wellington Farms Llc
Seller's Agent
Norris Hall
RE/MAX Commonwealth
Buyer's Agent
Norris Hall
RE/MAX Commonwealth
List Price
$29,000
Sold Price
$23,750
Premium/Discount to List
-$5,250
-18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.81%
Original Mortgage
$48,408
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2015
Closed on
Feb 25, 2015
Sold by
Meridian Land Holdings Llc
Bought by
Questar Builders Llc
Seller's Agent
Norris Hall
RE/MAX Commonwealth
Buyer's Agent
Norris Hall
RE/MAX Commonwealth
List Price
$29,000
Sold Price
$23,750
Premium/Discount to List
-$5,250
-18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,408
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Huguenot Springs Const Llc
Bought by
9700 Llc
Source: Public Records
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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
Virgo Gary N $400,000 Stewart Title Guaranty Co
Purdyhomes Llc A Virginia Limited Liabil $45,000 Stewart Title Guaranty Co
Wellington Farms Llc -- --
Questar Builders Llc $23,750 --
9700 Llc $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virgo Gary N $392,755
Previous Owner Purdyhomes Llc A Virginia Limited Liabil $300,000
Previous Owner Wellington Farms Llc $48,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $23,750 -18.1% --
01/19/2015 01/19/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $29,000 -- --
Source: Central Virginia Regional MLS

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 $4,886 $546,200 $65,000 $481,200
2024 $4,886 $534,400 $61,800 $472,600
2023 $4,557 $500,800 $58,500 $442,300
2022 $4,287 $466,000 $55,300 $410,700
2021 $4,065 $425,300 $55,300 $370,000
2020 $3,949 $415,700 $54,000 $361,700
2019 $3,784 $398,300 $54,000 $344,300
2018 $3,615 $380,500 $54,000 $326,500
2017 $1,003 $375,200 $52,000 $323,200
2016 $499 $52,000 $52,000 $0
2015 $768 $80,000 $80,000 $0
2014 $768 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1500547

Central Virginia Regional MLS

APN: 785-65-92-59-300-000

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