NOT LISTED FOR SALE

457 Hancock Mill Rd Mineral, VA 23117

Estimated Value: $198,000 - $258,440

2 Beds
2 Baths
576 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $145,000 $252 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,310/month

25 Days on Market

Highlights

  • 3 Acre Lot
  • No HOA
  • 1 Car Detached Garage
  • Thomas Jefferson Elementary School Rated A-
  • Cottage
  • Galley Kitchen

About This Home

As of September 2021

Great Investment Opportunity-1 bedroom, 1 bath cottage with kitchen, living area, bedroom and bath set on 3 very pretty acres with a paved driveway. This property offers interesting possibilities with a separate structure housing a laundry room as well as an efficiency apartment, which would make a good rental. The efficiency has it's own kitchen, bath and space for a bed. Rent both units or live in one and rent the other. With 3 acres available, build your house and keep the other two for rental income, there are plenty of interesting options here. A detached garage also has finished space which would make a great office. Home inspection for informational purposes only.

Last Agent to Sell the Property

Ashley Madison

(540) 748-3053 buyorsell@lakeannaarea.com Madison & Co Properties LLC License #0225269565 Listed on: 07/26/2021

Last Buyer's Agent

Alexandra Lugo

(703) 981-3632 alexlugorealtor@gmail.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1995

Lot Details

  • 3 Acre Lot
  • Property is in good condition
  • Property is zoned A2

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 576 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Ceiling Fan

Kitchen

  • Galley Kitchen
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot C2
  • Assessor Parcel Number 43-10-C2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-26
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Microwave, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Kitchen - Galley
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 576
  • Living Area Sq Ft: 576
  • Price Per Sq Ft: 225.69
  • Above Grade Finished Sq Ft: 576
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Block, Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Off Street, Detached Garage
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 122100.00
  • Land Assessed Value: 34000.00
  • Lot Size Acres: 3.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130680.00
  • Property Condition: Good
  • Zoning: A2
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17775902
  • Tax Annual Amount: 1123.00
  • Assessor Parcel Number: 43-10-C2
  • Tax Lot: C2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: LOUISA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 14, 2021
Sold by
Hall James H and Hall Nelson L
Bought by
Robbins Stephens
Seller's Agent
Ashley Madison
Madison & Co Properties LLC
Buyer's Agent
Alexandra Lugo
Berkshire Hathaway HomeServices PenFed Realty
List Price
$130,000
Sold Price
$145,000
Premium/Discount to List
$15,000
11.54%
Current Estimated Value
$224,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,610
Avg. Annual Appreciation
11.21%
Original Mortgage
$146,464
Outstanding Balance
$132,778
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$91,832
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
Robbins Stephens $145,000 Trrys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robbins Stephens $146,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $145,000 +11.5% $252 / Sq Ft
07/26/2021 07/26/21 For Sale $130,000 -- $226 / Sq Ft
Source: Bright 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 $1,539 $227,000 $47,200 $179,800
2024 $1,539 $213,700 $42,400 $171,300
2023 $1,352 $197,700 $38,800 $158,900
2022 $1,303 $181,000 $36,400 $144,600
2021 $1,189 $165,100 $34,000 $131,100
2020 $1,124 $156,100 $34,000 $122,100
2019 $1,067 $148,200 $34,000 $114,200
2018 $1,020 $141,600 $34,000 $107,600
2017 $727 $105,700 $32,800 $72,900
2016 $727 $101,000 $32,800 $68,200
2015 $694 $96,400 $32,800 $63,600
2013 -- $94,000 $34,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Ashley Madison

    Seller's Agent in 2021

    Ashley Madison

    Madison & Co Properties LLC

    (540) 748-3053

    61 in this area

    136 Total Sales

    Ashley Madison
    Section Image
  • Alexandra Lugo

    Buyer's Agent in 2021

    Alexandra Lugo

    BHHS PenFed (actual)

    (703) 981-3632

    1 in this area

    47 Total Sales

    Alexandra Lugo
    Section Image
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Map

Source: Bright MLS

MLS Number: VALA2000256

Bright MLS

APN: 43-10-C2

Virginia Louisa County Mineral 23117

457 Hancock Mill Rd, Mineral, VA

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