NOT LISTED FOR SALE

540 E Magnolia Ave West Point, VA 23181

Estimated Value: $280,000 - $298,185

3 Beds
2 Baths
1,300 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $169,950 $131 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,595/month

31 Days on Market

Highlights

  • 1 Acre Lot
  • 2.5 Car Attached Garage
  • Heat Pump System
  • West Point Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of May 2018

Brick Ranch on 1 acre of land, 2 1/2 car garage, excellent West Point Schools, possible lots can be purchased on either side of property, fresh paint, large kitchen with lots of cabinets, close to schools, shopping and restaurants.

Last Agent to Sell the Property

Dean Cobb

Lee Conner Realty & Assoc. LLC License #0225081422 Listed on: 03/21/2018

Last Buyer's Agent

Tina Stoher

Real Estate Elite LLC License #0225097859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Zoning described as R-2

Parking

  • 2.5 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • West Point Elementary And Middle School
  • West Point High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 63A3-1-36B

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1300.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: West Point

Lot Info

  • Parcel Number: 63A3-1-36B
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 578.0
  • Tax Lot: 35

MLS Schools

  • Elementary School: West Point
  • High School: West Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 11, 2018
Sold by
The Last Will And Testament Of Brenda G
Bought by
Lipford Luther
Seller's Agent
Dean Cobb
Lee Conner Realty & Assoc. LLC
Buyer's Agent
Tina Stoher
Real Estate Elite LLC
List Price
$179,950
Sold Price
$169,950
Premium/Discount to List
-$10,000
-5.56%
Current Estimated Value
$292,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,596
Avg. Annual Appreciation
7.47%
Original Mortgage
$164,850
Outstanding Balance
$141,941
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$150,605
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lipford Luther $169,950 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipford Luther $164,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $169,950 -5.6% $131 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $179,950 -- $138 / 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 $736 $241,200 $28,000 $213,200
2024 $651 $241,200 $28,000 $213,200
2023 $651 $241,200 $28,000 $213,200
2022 $542 $144,400 $28,000 $116,400
2021 $549 $144,400 $28,000 $116,400
2020 $549 $190,300 $27,000 $163,300
2019 $549 $142,000 $28,000 $114,000
2018 $563 $144,400 $28,000 $116,400
2017 $585 $144,400 $28,000 $116,400
2016 $592 $144,400 $28,000 $116,400
2015 $621 $144,400 $28,000 $116,400
2014 $706 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dean Cobb

    Lee Conner Realty & Assoc. LLC

    (804) 737-6058

    62 Total Sales

    Dean Cobb
    Section Image

  • T

    Buyer's Agent in 2018

    Tina Stoher

    Real Estate Elite LLC

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1809876

Central Virginia Regional MLS

APN: 63A3-1-36B

Virginia King William County West Point 23181

540 E Magnolia Ave, West Point, VA

Not Listed for Sale

Detached

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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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