NOT LISTED FOR SALE

5501 Courthouse Rd Prince George, VA 23875

Estimated Value: $269,000 - $349,000

3 Beds
2 Baths
1,691 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $132,000 $78 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,721/month

6 Days on Market

Highlights

  • 0.97 Acre Lot
  • 3 Car Detached Garage
  • 1-Story Property
  • 2 Fireplaces
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

Brick Rancher located on almost one acre lot. Full Basement partially finished! 2 Brick Fireplaces! Hardwood Floors under Carpet on main level! 3 Car Detached Garage! Property built prior to 1978 lead based paint potentially exists. This property may qualify for Seller Financing (Vendee). Property sold AS-IS w/o repair or, warranty. The Listing Broker and Seller assume no responsibility and make no guarantees, warranties, or representations as to the availability or accuracy of information herein. Buyer must verify all information contained herein. Please allow 2-3 Business Days for Seller Response.

Last Agent to Sell the Property

Lorraine Lett-Brown

Clear Vision Realty LLC License #0225050322 Listed on: 01/21/2020

Last Buyer's Agent

Janice Melvin

Harris & Assoc, Inc License #0225078143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1956

Lot Details

  • 0.97 Acre Lot
  • Zoning described as R-2

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Walton Elementary School
  • Moore Middle School
  • Prince George High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 23B-01-00-005-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1956
  • Property Attached Yn: No
  • Lot Size Acres: 0.97
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 641.0
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement: Full, Partially Finished, Walk-Out Access
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 525.0
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1691.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick Veneer, Block, Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Moore

Lot Info

  • Parcel Number: 23B-01-00-005-0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1219.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Walton
  • High School: Prince George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 2, 2020
Sold by
Secretary Of Veterans Affairs
Bought by
Ryan Melvin Douglas
Seller's Agent
Lorraine Lett-Brown
Clear Vision Realty LLC
Buyer's Agent
Janice Melvin
Harris & Assoc, Inc
List Price
$119,500
Sold Price
$132,000
Premium/Discount to List
$12,500
10.46%
Current Estimated Value
$297,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,935
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
May 26, 2010
Source: Public Records

Range of Values:

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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
Ryan Melvin Douglas $132,000 --
-- $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $132,000 +10.5% $78 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $119,500 -- $71 / 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 $1,709 $208,400 $58,900 $149,500
2024 $1,709 $208,400 $40,000 $168,400
2023 $1,534 $208,400 $58,900 $149,500
2021 $1,570 $155,400 $48,000 $107,400
2020 $1,219 $162,300 $48,000 $114,300
2019 $1,255 $141,700 $43,700 $98,000
2018 $1,218 $137,400 $43,700 $93,700
2017 $1,237 $137,400 $43,700 $93,700
2016 $1,237 $139,600 $43,700 $95,900
2014 $1,771 $139,600 $43,700 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2001984

Central Virginia Regional MLS

APN: 23B-01-00-005-0