NOT LISTED FOR SALE

480 Levelgreen Rd Lancaster, VA 22503

Estimated Value: $88,000 - $201,933

3 Beds
2 Baths
800 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $20,000 $25 Per Sq Ft

Est. 692% increase in value since last sale

Current estimated payment $860/month

122 Days on Market

Highlights

  • Cottage
  • Shed
  • Vinyl Flooring
  • Front Porch
  • Space Heater
  • 1-Story Property

About This Home

As of March 2018

3 bedroom and 2 baths, close to the Merry Point Ferry on the Ottoman side. Home needs TLC but would be a great starter home or rental.
All properties sold AS IS w/out any guarantee/warranties by seller or listing agent. No one may alter or occupy property until after closing & funding. Insurability subject to buyer's appraisal. Insurability is IE. HUD homes are sold as is w/no guarantee or warranty by the Seller or Listing Broker.

Last Agent to Sell the Property

Donna Erwin

Erwin Realty License #0225104764 Listed on: 10/26/2017

Last Buyer's Agent

William J. Barnes

Gracious Living Realty, Inc. License #0225018411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $322

Year Built

  • Built in 1963

Lot Details

  • 1 Acre Lot
  • Zoning described as A2

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 25-241C

Home Details

Home Type

Single Family

Est. Annual Taxes

$322

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Property Attached Yn: Yes
  • Lot Size Acres: 1.0
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 800.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Utilities

  • Heating: Oil, Space Heater
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 25-241C
  • Zoning Description: A2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 322.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Mar 26, 2018
Sold by
The Unitd States Secretary Of Housing An
Bought by
Marion Christopher R and Marion Vanessa K
Seller's Agent
Donna Erwin
Erwin Realty
Buyer's Agent
William J. Barnes
Gracious Living Realty, Inc.
List Price
$48,000
Sold Price
$20,000
Premium/Discount to List
-$28,000
-58.33%
Current Estimated Value
$158,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,483
Avg. Annual Appreciation
31.45%

Purchase Details

Closed on
Jan 6, 2017
Sold by
Reid Foreclosure Commissioner Trevor B and Jones Dorothy T
Bought by
The United States Secretary Of Housing A
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
Marion Christopher R $20,000 Bankers Title Llc
The United States Secretary Of Housing A $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $20,000 -58.3% $25 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $48,000 -- $60 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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
2024 $276 $104,800 $9,000 $95,800
2023 $52 $55,900 $9,000 $46,900
2022 $352 $55,900 $9,000 $46,900
2021 $52 $55,900 $9,000 $46,900
2020 $2 $55,900 $9,000 $46,900
2019 $352 $55,900 $9,000 $46,900
2018 $352 $59,600 $15,000 $44,600
2017 $352 $59,600 $15,000 $44,600
2016 -- $59,600 $15,000 $44,600
2015 -- $59,600 $15,000 $44,600
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1737937

Chesapeake Bay & Rivers Association of REALTORS®

APN: 25-241C