NOT LISTED FOR SALE

7004 Merdith Farms Dr Mechanicsville, VA 23111

Estimated Value: $343,000 - $388,000

3 Beds
2 Baths
1,364 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $207,500 $152 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,184/month

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laurel Meadow Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of July 2015

This is the one you have been waiting for! This well maintained home offers three good sized bedrooms and two full baths an open floor plan with updated kitchen that includes granite counter tops and tile back splash. Vaulted ceiling between the large living room and kitchen. Morning room with vaulted ceiling. A privacy fence encloses the large back yard.

Last Agent to Sell the Property

Gary Pennington

RE/MAX Commonwealth License #0225027785 Listed on: 05/24/2015

RE/MAX Commonwealth

Last Buyer's Agent

Diana Morgan Bradley

Keller Williams Coastal VA License #0225192286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,514

Year Built

  • 1999

Lot Details

  • 0.36

Home Design

  • Composition Roof

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 1 Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 8715-95-7026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,514

Year Built

1999

Lot Details

0

Listing Details

  • Structure: Brick, Frame
  • Price Per Finished Sq Ft: 152.13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Microwave, Refrigerator, Stove
  • Flooring: Carpet-W-W, Laminate
  • Interior: Cable TV, Cathedral Ceiling, Ceiling Fan, Dryer Hookup, Eat-In-Kitchen, MBR Bath, Walk-In Closet, Washer Hookup
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Fence: Privacy, Rear Only
  • Porch: Deck, Stoop
  • Exterior: Insulated Doors, Thermal Windows
  • Roof: Composition
  • Siding: Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 1.5
  • Parking: Off Street, Paved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Laurel Meadow
  • Middle School: Stonewall Jackson
  • High School: Lee Davis

Lot Info

  • Zoning: R-2 - RESIDENTIAL
  • Lot: 7
  • Lot Description: Level
  • Parcel Number: 8715-95-7026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2015
Closed on
Jul 3, 2015
Sold by
Lee Micah B
Bought by
Patton Leslie H and Goupil Donna L
Seller's Agent
Gary Pennington
RE/MAX Commonwealth
Buyer's Agent
Diana Morgan Bradley
Keller Williams Coastal VA
List Price
$209,950
Sold Price
$207,500
Premium/Discount to List
-$2,450
-1.17%
Current Estimated Value
$362,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,731
Avg. Annual Appreciation
5.43%
Original Mortgage
$100,000
Outstanding Balance
$79,025
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$274,539

Purchase Details

Closed on
Dec 30, 2010
Sold by
Federal National Mortgage Association
Bought by
Lee Micah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,569
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2010
Sold by
Muncy Johnie R and Shelton Stephen M
Bought by
Federal National Mtg Asoc

Purchase Details

Closed on
Jul 15, 1999
Sold by
James E Bowles Bldrs
Bought by
Shelton Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,743
Interest Rate
7.49%

Purchase Details

Closed on
Apr 23, 1999
Sold by
G & G Ltd
Bought by
James Bowles Bldrs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,084
Interest Rate
6.92%
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
Patton Leslie H $207,500 --
Lee Micah B $173,000 --
Federal National Mtg Asoc $195,542 --
Shelton Stephen $133,842 --
James Bowles Bldrs $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Leslie H $100,000
Previous Owner Lee Micah $168,569
Previous Owner Shelton Stephen M $183,250
Previous Owner Shelton Stephen M $180,000
Previous Owner Shelton Stephen $133,743
Previous Owner James Bowles Bldrs $101,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $207,500 -1.2% $152 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/24/2015 05/24/15 For Sale $209,950 -- $154 / 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 $2,514 $310,400 $90,000 $220,400
2024 $2,428 $299,700 $85,000 $214,700
2023 $440 $271,500 $80,000 $191,500
2022 $405 $250,300 $75,000 $175,300
2021 $978 $241,500 $70,000 $171,500
2020 $1,852 $228,600 $65,000 $163,600
2019 $1,597 $220,700 $60,000 $160,700
2018 $1,597 $197,100 $55,000 $142,100
2017 $1,597 $197,100 $55,000 $142,100
2016 $1,597 $197,100 $55,000 $142,100
2015 $1,488 $183,700 $55,000 $128,700
2014 -- $183,700 $55,000 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1515078

Central Virginia Regional MLS

APN: 8715-95-7026