NOT LISTED FOR SALE

5034 River Dr Lanexa, VA 23089

Estimated Value: $645,000 - $836,603

0.72 Acre
$1,000,904 Price per Acre
31,363 Sq Ft Lot

Last Sold September 25, 2019

Last sale price $120,000 $42 Per Sq Ft

Est. 501% increase in value since last sale

Current estimated payment $3,979/month

89 Days on Market

About This Lot

As of September 2019

WOW Beautiful water front lot great views deep water, dock you can see your river home right here. There is an existing well and septic system on lot. Must see!

Last Agent to Sell the Property

Tim Smith

Lee Conner Realty & Assoc. LLC License #0225040644 Listed on: 05/09/2019

Last Buyer's Agent

Joseph Terrell

RW Towne Realty License #0225202613

RW Towne Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.72 Acre Lot
  • Waterfront
  • Zoning described as A1

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Well
  • Septic Tank

Community Details

  • Cypress Point Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 09-3-03-0-0008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.72
  • Ownership: Individuals
  • Subdivision Name: Cypress Point
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: Yes
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Toano

Lot Info

  • Parcel Number: 09-3-03-0-0008
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4789.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: J Blaine Blayton
  • High School: Warhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Sep 13, 2019
Sold by
Roberts William H and Roberts Vada B
Bought by
Labianco Richard C and Labianco Jamie L
Seller's Agent
Tim Smith
Lee Conner Realty & Assoc. LLC
Buyer's Agent
Joseph Terrell
RW Towne Realty
List Price
$240,000
Sold Price
$120,000
Premium/Discount to List
-$120,000
-50%
Current Estimated Value
$720,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,651
Avg. Annual Appreciation
34.42%
Original Mortgage
$90,000
Outstanding Balance
$78,660
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$641,991

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 1, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Roberts William H and Roberts Vada B
Seller's Agent
Blakely Smith
Hometown Realty
Buyer's Agent
Tim Smith
Lee Conner Realty & Assoc. LLC
List Price
$334,900
Sold Price
$320,000
Premium/Discount to List
-$14,900
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.89%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Labianco Richard C $120,000 Attorney
Roberts William H $320,000 None Available
Federal Home Loan Mortgage Corp $345,276 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labianco Richard C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2019 09/25/19 Sold $120,000 -25.0% $42 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $159,950 -15.8% $55 / Sq Ft
06/25/2019 06/25/19 Price Changed $189,950 -5.0% $66 / Sq Ft
06/21/2019 06/21/19 Price Changed $199,950 -9.1% $69 / Sq Ft
06/05/2019 06/05/19 Price Changed $220,000 -8.3% $76 / Sq Ft
05/09/2019 05/09/19 For Sale $240,000 -25.0% $83 / Sq Ft
05/12/2017 05/12/17 Sold $320,000 -4.4% $79 / Sq Ft View Prior Sale
04/17/2017 04/17/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $334,900 -- $82 / 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 $1,893 $727,500 $289,000 $438,500
2024 $1,893 $715,700 $289,000 $426,700
2023 $4,043 $572,700 $228,100 $344,600
2022 $1,893 $228,100 $228,100 $0
2021 $1,597 $190,100 $190,100 $0
2020 $1,597 $190,100 $190,100 $0
2019 $1,597 $190,100 $190,100 $0
2018 $2,462 $293,100 $190,100 $103,000
2017 $4,789 $570,100 $190,100 $380,000
2016 $4,789 $570,100 $190,100 $380,000
2015 -- $605,700 $190,100 $415,600
2014 -- $605,700 $190,100 $415,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1915161

Central Virginia Regional MLS

APN: 09-3 03-0-0008