$115,000
SOLD AUG 27, 2021

5312 Martins Creek Ln North Garden, VA 22959

2 Beds
1 Bath
1,133 Sq Ft
1.2 Acres

Recently Sold

$102 Per Sq Ft

45% Below List Price

10 Days on Market

Highlights

  • Concrete Block With Brick
  • 1-Story Property
  • High Speed Internet
  • Leslie H. Walton Middle School Rated A
  • Baseboard Heating

About This Home

As of April 2022

SOLD "AS IS" - This is the perfect opportunity if you want land (1.2 acres) in North Gardens, VA, close to Charlottesville, the opportunity to rehab a home, and to purchase a home in the low $200's. Large outbuilding on the property for multiple cars, tractors, tools, and other items. You can drive out to see the land and home. If you want to see the inside, you need an appointment. Contact your agent.

Last Agent to Sell the Property

Tim Grossman

DOGWOOD REALTY GROUP LLC License #0225202389 Listed on: 07/03/2021

Last Buyer's Agent

Maurice Covington

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225252262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1950

Lot Details

  • 1.2 Acre Lot
  • Property is zoned R-1 Residential

Home Design

  • Concrete Block With Brick
  • Slab Foundation

Interior Spaces

  • 1,133 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Red Hill Elementary School
  • Walton Middle School
  • Monticello High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Albemarle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09800-00-00-016D0

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1133
  • L V T Date: 07/02/2021
  • Nameof Property: North Garden home on 1.8 acres SOLD "AS IS." Large outbuilding/shed on property. Great potential.
  • Parcel Number: 09800-00-00-016D0
  • Price Per Sq Ft: 101.5
  • Property Included: All is included....
  • Total Sq Ft: 1133
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: ALBEMARLE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1133
  • Above Grade Finished Sq Ft: 1133
  • Foundation: Concrete Block, Concrete Slab
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 1.2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Red Hill
  • Middle School: Walton
  • High School: Monticello

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2021
  • Taxes: 986.85

MLS Schools

  • HighSchool: Monticello
  • Middle School: Walton
  • Elementary School: Red Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 31, 2022
Sold by
Aspiring Developments Llc
Bought by
Ruiz Brian R Melgar
Seller's Agent
Maurice Covington
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Fiona Tustian
HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$329,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,518
Avg. Annual Appreciation
3.72%
Original Mortgage
$274,928
Outstanding Balance
$260,989
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$56,148

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 3, 2022
Sold by
Robert C Milici Living Trust
Bought by
Aspiring Developments Llc
Seller's Agent
Maurice Covington
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Fiona Tustian
HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$260,989
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$56,148

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 10, 2021
Sold by
Milici Robert C and Milici Patricia H
Bought by
Aspiring Developments Llc
Seller's Agent
Tim Grossman
DOGWOOD REALTY GROUP LLC
Buyer's Agent
Maurice Covington
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
List Price
$210,000
Sold Price
$115,000
Premium/Discount to List
-$95,000
-45.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
330.07%
Original Mortgage
$135,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First
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 Type Sale Price Title Company
Deed $280,000 Stewart Title Company
Deed -- None Listed On Document
Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,928 FHA
Previous Owner $135,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $280,000 +1.8% $243 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $275,000 -1.8% $239 / Sq Ft
12/22/2021 12/22/21 Off Market $280,000 -- --
12/16/2021 12/16/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $275,000 -1.8% $239 / Sq Ft
12/13/2021 12/13/21 Off Market $280,000 -- --
11/30/2021 11/30/21 For Sale $275,000 +139.1% $239 / Sq Ft
08/27/2021 08/27/21 Sold $115,000 -45.2% $102 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $210,000 +51.1% $185 / Sq Ft
07/02/2021 07/02/21 Price Changed $138,999 -- $123 / Sq Ft
Source: Charlottesville area 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 $2,701 $302,100 $55,800 $246,300
2024 $2,448 $286,600 $55,800 $230,800
2023 $2,337 $273,700 $55,800 $217,900
2022 $983 $115,100 $43,900 $71,200
2021 $991 $116,100 $43,900 $72,200
2020 $852 $99,800 $36,600 $63,200
2019 $806 $94,400 $36,600 $57,800
2018 $805 $92,500 $36,600 $55,900
2017 $835 $99,500 $32,900 $66,600
2016 $847 $100,900 $43,800 $57,100
2015 $803 $98,100 $43,800 $54,300
2014 -- $97,700 $43,800 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 619466

Charlottesville area Association of Realtors®

APN: 09800-00-00-016D0