NOT LISTED FOR SALE

5387 Studley Rd Mechanicsville, VA 23116

Estimated Value: $451,000 - $582,000

4 Beds
3 Baths
2,723 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $249,000 $91 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,956/month

Highlights

  • Wood Flooring
  • Rural Point Elementary School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of July 2015

Custom built Ranch home on fantastic 2.64 acre lot. Spacious main level and fully finished basement combine to create a home with room for everyone. Main level with three bedrooms, two full baths, family room with vaulted ceiling, stone woodburning fireplace and decorative wood flooring. Large eat-in kitchen with bay window. Owner suite with wood flooring, private full bath and bay window with cabinetry. Basement features multiple rooms including a full bath, fourth bedroom with walk-in closet, office or study room with cedar lined closet, large laundry area with utility sink, and new tile throughout. Other features include an attached, oversize single car garage, dual zoned hvac, and new dimensional shingled roof. Large front yard with private woods in the back, gazebo and two sheds.

Last Agent to Sell the Property

David Riley

RE/MAX Commonwealth License #0225069046 Listed on: 05/29/2015

RE/MAX Commonwealth

Last Buyer's Agent

Jim Remo

Joyner Fine Properties License #0225028880

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,445

Year Built

  • 1990

Lot Details

  • 2.64

Home Design

  • Dimensional Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 8737-21-4008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

1990

Lot Details

0

Listing Details

  • Structure: Block
  • Price Per Finished Sq Ft: 91.44
  • Home Warranty: HMS
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Flooring: Carpet-Part, Wood
  • Interior: 1st Floor Bedrm W/ Full Bath
  • Number of Rooms: 9
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Basement Full Bathroom: 1
  • Basement Full Bathroom Description: Tub & Shower
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Basement-Full
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Part Fenced, Rear Only
  • Porch: Front
  • Exterior: Gazebo
  • Roof: Dimensional, Shingled
  • Siding: Cedar
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 1.5
  • Parking: Unpaved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: 2 Zoned Heat, Electric, Heat Pump
  • Cooling: 2 Zoned AC, Central Air
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Zoning: A-1 - AGRICULTURAL
  • Lot Description: Level, Sloping
  • Parcel Number: 8737-21-4008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Alter James Renwick and Alter Kathryn S
Bought by
Alter James Renwick
Current Estimated Value
$509,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,400
Outstanding Balance
$281,194
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$228,783

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 26, 2015
Sold by
Atkins Richard A
Bought by
Alter James R
Seller's Agent
David Riley
RE/MAX Commonwealth
Buyer's Agent
Jim Remo
Joyner Fine Properties
List Price
$245,950
Sold Price
$249,000
Premium/Discount to List
$3,050
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$199,200
Interest Rate
3.83%
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
Alter James Renwick -- None Listed On Document
Alter James Renwick -- None Listed On Document
Alter James R $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alter James Renwick $289,400
Closed Alter James Renwick $289,400
Previous Owner Alter James R $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2015 07/02/15 Sold $249,000 +1.2% $91 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $245,950 -- $90 / Sq Ft
Source: Central Virginia Regional 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 $3,445 $425,300 $112,800 $312,500
2024 $3,382 $417,500 $110,500 $307,000
2023 $2,760 $358,400 $99,400 $259,000
2022 $2,525 $311,700 $89,900 $221,800
2021 $2,181 $269,300 $78,900 $190,400
2020 $2,181 $269,300 $78,900 $190,400
2019 $2,041 $269,300 $78,900 $190,400
2018 $2,041 $252,000 $74,100 $177,900
2017 $2,041 $252,000 $74,100 $177,900
2016 $1,932 $242,900 $74,100 $168,800
2015 $1,932 $238,500 $74,100 $164,400
2014 $1,846 $227,900 $74,100 $153,800
Source: Public Records

Agents Affiliated with this Home

  • David Riley

    Seller's Agent in 2015

    David Riley

    RE/MAX

    (804) 612-4756

    175 Total Sales

    David Riley
    Section Image

  • J

    Buyer's Agent in 2015

    Jim Remo

    Joyner Fine Properties

    (804) 512-7413

    27 Total Sales

    Jim Remo
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1514906

Central Virginia Regional MLS

APN: 8737-21-4008

Virginia Hanover County Mechanicsville 23116

5387 Studley Rd, Mechanicsville, VA

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Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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