NOT LISTED FOR SALE

52 Sunset Ln Hallieford, VA 23068

Estimated Value: $495,000 - $827,000

6.81 Acres
$99,402 Price per Acre
296,644 Sq Ft Lot

Last Sold February 21, 2019

Last sale price $520,000 $347 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,937/month

105 Days on Market

Highlights

  • Beach Front
  • River Access
  • Shed

About This Lot

As of February 2019

Spectacular waterfront at the mouth of the Piankatank River directly across from Fishing Bay/Stove Point, views up and down the river and out to the bay. First offering in over 70 years. About 600 feet of completed protected waterfront shoreline, sandy bottom and some beachy areas. Appears to be out of the flood zone. Great fishing and crabbing from the shore which has new riprap and armor stone in place. Truly one of the beautiful spots in the region. The existing 1870 structure is currently used as a summer get-a-way, new roof and new windows, a classic old bay "cottage" in mainly its original condition, very serviceable. This property is completely private and can be used as is or would support an estate sized residence or a family compound. It appears could be a minor subdivision/family compound but has yet to be verified with county. The photos do not do this justice as it is truly a spectacular property in the best area of the river.

Last Agent to Sell the Property

Tim Rowe

RE/MAX Peninsula (Gloucester) License #0225025322 Listed on: 10/08/2018

RE/MAX Peninsula (Gloucester)

Last Buyer's Agent

Tim Rowe

RE/MAX Peninsula (Gloucester) License #0225025322 Listed on: 10/08/2018

RE/MAX Peninsula (Gloucester)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,500

Lot Details

  • 6.81 Acre Lot
  • Beach Front
  • River Front
  • Property fronts a county road
  • Street terminates at a dead end
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R1

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5-A-111

Community Details

Overview

  • Hallieford Subdivision

Recreation

  • River Access
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,500

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 6.81
  • Lot Size: 6.8
  • Road Frontage Type: County Road
  • Ownership: Individuals
  • Subdivision Name: Hallieford
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Lot Features: Beach Front, Dead End, Split Possible
  • Waterfront Features: Bayfront, River Front, River Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Other Structures: Residence, Shed(s)

Utilities

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

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 5-A-111
  • Pasture Area: 4.0
  • Wooded Area: 2.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2500.0

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Feb 13, 2019
Sold by
Savage James J and Savage Bonnie D
Bought by
Le Khanh Quang and Nguyen Nga Nguyet
Seller's Agent
Tim Rowe
RE/MAX Peninsula (Gloucester)
Buyer's Agent
Tim Rowe
RE/MAX Peninsula (Gloucester)
List Price
$695,000
Sold Price
$520,000
Premium/Discount to List
-$175,000
-25.18%
Current Estimated Value
$676,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,929
Avg. Annual Appreciation
2.99%
Original Mortgage
$275,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Le Khanh Quang $520,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quang Khanh $281,967
Closed Le Khanh Quang $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $520,000 -25.2% $347 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
10/08/2018 10/08/18 For Sale $695,000 -- $463 / 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
2025 $3,073 $512,200 $341,200 $171,000
2024 $2,868 $512,200 $341,200 $171,000
2023 $2,868 $512,200 $341,200 $171,000
2022 $2,772 $433,200 $341,200 $92,000
2021 $2,794 $433,200 $341,200 $92,000
2020 $2,794 $433,200 $341,200 $92,000
2019 $2,794 $433,200 $341,200 $92,000
2018 $2,491 $433,200 $341,200 $92,000
2017 $2,491 $433,200 $341,200 $92,000
2015 $21,708 $0 $0 $0
2014 $21,708 $402,000 $294,700 $107,300
2013 $1,889 $402,000 $294,700 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1835526

Chesapeake Bay & Rivers Association of REALTORS®

APN: 5-A-111