NOT LISTED FOR SALE

534 Lockhouse Rd Falling Waters, WV 25419

Estimated Value: $454,000 - $619,000

4 Beds
2 Baths
2,336 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $349,765 $150 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,283/month

61 Days on Market

Highlights

  • Recreation Room
  • 1 Fireplace
  • Living Room
  • Rambler Architecture
  • 5 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of August 2020

Well maintain 2,200+ sq. ft. Rancher 4 Bedroom 2 Full baths 1.6 acre private lot with 5 Car garage for all your toys and Hobbies , 30'x24' 2car, 30'x30' 2 car with 14' ceiling and car lift(yes it conveys),( 2) 10'x10' garage doors, 1 car detached, 400 amp Elect service 200 amp to house and 200 amp to garage, expansive 20'x30' Rec room. Living, Dining, and kitchen, great North Berkeley location, Heat Pump, Pellet stove, horse shoe pit just to mention a few amenities. 5 min to I81 exit 23

Last Agent to Sell the Property

Chip Hensell

Hensell Realty, Co. Listed on: 05/21/2020

Last Buyer's Agent

Mary Llewellyn

The KW Collective License #525987

The KW Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1989

Lot Details

  • 1.64 Acre Lot
  • Property is zoned 101

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 5 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,336 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • Potomac Heights Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 022E004500000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,660

Year Built

Built in 1989

Lot Details

0

HOA Fees

$7 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: Well maintain 2,200+ sq. ft. Rancher 4 Bedroom 2 Full baths 1.6 acre private lot with 5 Car garage for all your toys and Hobbies , 30'x24' 2car, 30'x30' 2 car with 14' ceiling and car lift(yes it conveys),( 2) 10'x10' garage doors, 1 car detached, 400 amp Elect service 200 amp to house and 200 amp to garage, expansive 20'x30' Rec room. Living, Dining, and kitchen, great North Berkeley location, Heat Pump, Pellet stove, horse shoe pit just to mention a few amenities. 5 min to I81 exit 23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Recreation Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Total Sq Ft: 2336
  • Living Area Sq Ft: 2336
  • Price Per Sq Ft: 147.65
  • Above Grade Finished Sq Ft: 2336
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 534

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry, Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: BERKELEY COUNTY SCHOOLS
  • School District Key: 121139330472
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109380.00
  • Land Assessed Value: 31080.00
  • Land Use Code: 004
  • Lot Size Acres: 1.64
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71438.00
  • Year Assessed: 2019
  • Zoning: 101
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 20206760
  • Tax Annual Amount: 1660.00
  • Assessor Parcel Number: 022E004500000000
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 2336
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/18/2020

MLS Schools

  • School District Name: BERKELEY COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 17, 2020
Sold by
Mcintyre John R
Bought by
Martin Wayne Arthur and Martin Shereen Beverly
Seller's Agent
Chip Hensell
Hensell Realty, Co.
Buyer's Agent
Mary Llewellyn
The KW Collective
List Price
$349,900
Sold Price
$349,765
Premium/Discount to List
-$135
-0.04%
Current Estimated Value
$552,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,550
Avg. Annual Appreciation
9.90%
Original Mortgage
$279,812
Outstanding Balance
$251,117
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$301,333
Source: Public Records

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Range of Values:

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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
Martin Wayne Arthur $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Wayne Arthur $279,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $349,765 +1.4% $150 / Sq Ft
06/23/2020 06/23/20 Price Changed $344,900 -1.3% $148 / Sq Ft
06/09/2020 06/09/20 Price Changed $349,400 -0.1% $150 / Sq Ft
05/21/2020 05/21/20 For Sale $349,900 -- $150 / 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
2024 $2,403 $195,840 $40,800 $155,040
2023 $2,475 $195,840 $40,800 $155,040
2022 $2,090 $179,580 $37,080 $142,500
2021 $1,812 $154,500 $34,560 $119,940
2020 $1,745 $148,620 $34,560 $114,060
2019 $1,661 $140,460 $31,080 $109,380
2018 $1,629 $137,580 $29,940 $107,640
2017 $1,467 $123,120 $30,060 $93,060
2016 $1,370 $113,940 $28,200 $85,740
2015 $1,394 $112,860 $28,200 $84,660
2014 $1,345 $108,600 $23,220 $85,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WVBE177250

Bright MLS

APN: 02-02- 2E-0045.0000