NOT LISTED FOR SALE

525 Main St West Point, VA 23181

Estimated Value: $289,000 - $333,000

5 Beds
2 Baths
3,172 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $138,000 $44 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,705/month

64 Days on Market

Highlights

  • No HOA
  • Zoned Heating and Cooling
  • Wood Siding
  • West Point Elementary School Rated A-
  • Instant Hot Water

About This Home

As of September 2016

If you're looking for a beautiful two story Colonial style home in West Point then look no further! This lovely property offers plenty of space throughout with hardwood and carpet flooring, 5 bedrooms with the master suite located on the first floor plus 2.5 baths!You'll love the open layout this house provides including the large dining room with fireplace and adjacent living room. Come see it!

Last Agent to Sell the Property

Joy Liggan

(804) 545-6300 VAcapREO@virginiacapitalrealty.com Virginia Capital Realty, LLC Listed on: 06/26/2016

Virginia Capital Realty, LLC

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1880

Lot Details

  • Property is zoned R-4

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 284
  • Assessor Parcel Number 69A1-23-284

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Zoned
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 171000.00
  • Land Assessed Value: 30000.00
  • Lot Size Units: Square Feet
  • Property Attached Yn: No
  • Zoning: R-4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2311.50
  • Assessor Parcel Number: 69A1-23-284
  • Tax Lot: 284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: KING WILLIAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2016
Closed on
Aug 23, 2016
Sold by
Federal National Mortgage Association
Bought by
Abdal Jassem M
Seller's Agent
Joy Liggan
Virginia Capital Realty, LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$148,000
Sold Price
$138,000
Premium/Discount to List
-$10,000
-6.76%
Current Estimated Value
$311,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,723
Avg. Annual Appreciation
9.20%
Original Mortgage
$110,400
Outstanding Balance
$87,915
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$223,808

Purchase Details

Closed on
Apr 5, 2016
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Hosier Lonnie W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdal Jassem M $165,600 Attorney
Hosier Lonnie W $94,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdal Jassem M $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $138,000 -6.8% $44 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $148,000 -- $47 / 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 $773 $253,600 $30,000 $223,600
2024 $685 $253,600 $30,000 $223,600
2023 $685 $253,600 $30,000 $223,600
2022 $613 $163,400 $30,000 $133,400
2021 $621 $163,400 $30,000 $133,400
2020 $621 $208,700 $27,000 $181,700
2019 $621 $162,600 $30,000 $132,600
2018 $637 $163,400 $30,000 $133,400
2017 $662 $163,400 $30,000 $133,400
2016 $670 $163,400 $30,000 $133,400
2015 $703 $163,400 $30,000 $133,400
2014 $779 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003734279

Bright MLS

APN: 69A1 23 284