NOT LISTED FOR SALE

518 2nd St Culpeper, VA 22701

Estimated Value: $297,000 - $320,000

3 Beds
2 Baths
1,165 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $185,000 $159 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,835/month

14 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Central Air
  • Living Room
  • Shed
  • Dining Room

About This Home

As of August 2020

INVESTORS, this is a great investment property. present tenant would love to stay on. A GREAT place to start for first time buyers, too. This home offer 3 BR's, 2 full BA's on a pretty in town lot, central heat and air and nice front porch. Newer roof. Offers lots of privacy to enjoy a large back yard, Huge deck across the back, storage shed. requires 24 hour notice to show. Recent Appraisal.

Last Agent to Sell the Property

Terry Cheatle

CENTURY 21 New Millennium License #0225032067 Listed on: 07/01/2020

CENTURY 21 New Millennium

Last Buyer's Agent

Brenda Payne

Long & Foster Real Estate, Inc. License #0225019726

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,165 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Dirt Floor

Outdoor Features

  • Shed

Schools

  • Yowell Elementary School
  • Floyd T. Binns Middle School
  • Eastern View High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Property Manager

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 40-A-7- -16

Home Details

Home Type

Single Family

Est. Annual Taxes

$911

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTORS, this is a great investment property. present tenant would love to stay on. A GREAT place to start for first time buyers, too. This home offer 3 BR's, 2 full BA's on a pretty in town lot, central heat and air and nice front porch. Newer roof. Offers lots of privacy to enjoy a large back yard, Huge deck across the back, storage shed. requires 24 hour notice to show. Recent Appraisal.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Icemaker, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Vinyl
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Dirt Floor, Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 1165
  • Living Area Sq Ft: 1165
  • Price Per Sq Ft: 167.38
  • Above Grade Finished Sq Ft: 1165
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CULPEPER COUNTY PUBLIC SCHOOLS
  • Elementary School: YOWELL
  • Middle School: FLOYD T. BINNS
  • High School: EASTERN VIEW
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140976308
  • School District Source: 3rd Party
  • Elementary School: YOWELL
  • High School: EASTERN VIEW
  • Middle Or Junior School: FLOYD T. BINNS

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 911.00
  • Assessor Parcel Number: 40-A-7- -16
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 1165
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/26/2020

MLS Schools

  • School District Name: CULPEPER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 26, 2020
Sold by
The Estate Of Gloria S Thompson
Bought by
Pacilion Tucker K
Seller's Agent
Terry Cheatle
CENTURY 21 New Millennium
Buyer's Agent
Brenda Payne
Long & Foster Real Estate, Inc.
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$313,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,878
Avg. Annual Appreciation
11.02%
Original Mortgage
$181,649
Outstanding Balance
$162,659
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$147,733
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
Pacilion Tucker K $185,000 Cardinal Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacilion Tucker K $181,649
Closed Pacilio Tucker K $6,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $185,000 -5.1% $159 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $195,000 0.0% $167 / Sq Ft
07/01/2019 07/01/19 Rented $1,200 0.0% --
07/01/2019 07/01/19 For Rent $1,200 -- --
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
2024 $1,212 $226,100 $56,600 $169,500
2023 $1,187 $225,700 $56,600 $169,100
2022 $986 $179,300 $51,900 $127,400
2021 $1,133 $179,300 $51,900 $127,400
2020 $795 $128,200 $36,000 $92,200
2019 $795 $128,200 $36,000 $92,200
2018 $734 $109,500 $24,200 $85,300
2017 $734 $109,500 $24,200 $85,300
2016 $799 $109,500 $24,200 $85,300
2015 $799 $109,500 $24,200 $85,300
2014 $787 $82,000 $25,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VACU141764

Bright MLS

APN: 40-A-7-16