NOT LISTED FOR SALE

Estimated Value: $787,000 - $1,141,000

0.75 Acre
$1,377,259 Price per Acre
32,613 Sq Ft Lot

Last Sold November 03, 2016

Last sale price $175,000

Est. 489% increase in value since last sale

Current estimated payment $6,408/month

263 Days on Market

Highlights

  • Water Views
  • River Access
  • No HOA
  • Open High School Rated A+
  • 0.75 Acre Lot

About This Lot

As of November 2016

A rare opportunity to enjoy spectacular river views from your 3/4 acre home-site located on the James River in the sought after neighborhood of Westover Hills. Your view will be created looking down river toward the city and viewing the iconic arched train trestle which crosses the river. This provides a rare and unique opportunity. Water & sewer connections at the street will be provided. In addition, a gravel base drive extending approximately 140' in length from Riverside Drive will be provided to access the building site.

Last Agent to Sell the Property

Michael Brown

Samson Properties License #0225033213 Listed on: 07/28/2015

Samson Properties

Last Buyer's Agent

Michael Brown

Samson Properties License #0225033213 Listed on: 07/28/2015

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $120

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 110 x 346
  • Zoning described as R-3

Property Views

  • Water Views

Schools

  • Westover Hills Elementary School
  • Thompson Middle School
  • Huguenot High School

Utilities

  • Water Not Available
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number C0050099005

Community Details

Overview

  • No Home Owners Association
  • Westover Hills Subdivision

Recreation

  • River Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$120

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.7487
  • Lot Size: 110 x 346
  • Ownership: Individuals
  • Subdivision Name: Westover Hills
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Waterfront: No

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: C0050099005
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 120.0

MLS Schools

  • Elementary School: Westover Hills
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Oct 5, 2016
Sold by
Stewart Dale A and Stewart Sallie P
Bought by
Gates Charles H and Gates Jennifer
Seller's Agent
Michael Brown
Samson Properties
Buyer's Agent
Michael Brown
Samson Properties
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$1,031,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,154
Avg. Annual Appreciation
21.65%
Original Mortgage
$472,500
Outstanding Balance
$379,037
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$652,117
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gates Charles H $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Charles H $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $175,000 -12.1% --
04/13/2016 04/13/16 Pending -- -- --
07/25/2015 07/25/15 For Sale $199,000 -- --
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 $11,676 $973,000 $253,000 $720,000
2024 $11,628 $969,000 $253,000 $716,000
2023 $11,016 $918,000 $202,000 $716,000
2022 $9,300 $775,000 $202,000 $573,000
2021 $8,100 $746,000 $202,000 $544,000
2020 $8,100 $675,000 $188,000 $487,000
2019 $8,004 $667,000 $188,000 $479,000
2018 $6,600 $550,000 $110,000 $440,000
2017 $120 $10,000 $10,000 $0
2016 $120 $10,000 $10,000 $0
2015 $120 $10,000 $10,000 $0
2014 $120 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1521421

Central Virginia Regional MLS

APN: C005-0099-005