NOT LISTED FOR SALE

701 Glen Cove Dr Ruther Glen, VA 22546

Estimated Value: $373,386 - $395,000

0.65 Acre
$591,163 Price per Acre
28,358 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $40,000

Est. 862% increase in value since last sale

Current estimated payment $2,499/month

25 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Beach
  • Home fronts a pond
  • Community Lake

About This Lot

As of July 2021

MORE PICS TO COME--Perfect setting to build your home overlooking Lake Claire, the 2nd largest body of water in Lake Land Or. This large 0.63 acre lot is level and wooded. Soil study from 2010 shows the lot can support either a 2-3 bedroom conventional septic or a 3-4 alternative. Lake Land Or is a gated community with the main lake that has a nice beach and swimming area, swimming pool, kiddie pool, covered pavilion, large playground and a clubhouse with fitness center and restaurant.

Last Agent to Sell the Property

Angel Hough

Long & Foster REALTORS License #0225053625 Listed on: 06/01/2021

Long & Foster REALTORS

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $300

Lot Details

  • 0.65 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Zoning described as R1

HOA Fees

  • $99 Monthly HOA Fees

Schools

  • Ladysmith Elementary School
  • Caroline Middle School
  • Caroline High School

Additional Features

  • Water Views
  • Shared Well

Listing and Financial Details

  • Tax Lot 707
  • Assessor Parcel Number 51A8-4-707

Community Details

Overview

  • Lake Land Or Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Beach
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Guard
  • Controlled Access
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$300

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.651
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Land Or
  • Ownership: Individuals
  • Subdivision Name: Lake Land Or
  • Special Features: None

Interior Features

  • Possible Use: Investment, Recreational, Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable, Level, Wooded, Waterfront
  • Pool Features: Community
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Pond, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Sellers Disclosure Not Available

Utilities

  • Sewer: Septic Needed
  • Water Source: Community/Coop, Shared Well
  • Security: Controlled Access, Gated Community, Security Guard
  • Utilities: Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Basketball Court, Beach, Common Grounds/Area, Clubhouse, Community Pool, Fitness, Gated, Home Owners Association, Lake, Playground, Park, Pond, Pool
  • Association Fee: 1185.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities, Road Maintenance, Security, Water, Water Access

Schools

  • Middle Or Junior School: Caroline

Lot Info

  • Parcel Number: 51A8-4-707
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 300.0
  • Tax Lot: 707

MLS Schools

  • Elementary School: Ladysmith
  • High School: Caroline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Holdings Llc
Bought by
Department Of Health
Current Estimated Value
$384,847

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 15, 2021
Sold by
Panagoulias Despina A and Panagoulias Vanna V
Bought by
Bergren Craig and Bergren Suzanne
Seller's Agent
Angel Hough
Long & Foster REALTORS
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.51%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Ainsworth Donna
Bought by
Panagoulias Despina A
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
Department Of Health -- Virginia Department Of Health
Bergren Craig $40,000 Old Towne Title Company
Panagoulias Despina A $11,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $40,000 -19.8% --
06/26/2021 06/26/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $49,900 -- --
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 $287,980 $374,000 $55,000 $319,000
2024 $1,654 $214,800 $51,000 $163,800
2023 $1,654 $214,800 $51,000 $163,800
2022 $300 $39,000 $39,000 $0
2021 $300 $39,000 $39,000 $0
2020 $241 $29,000 $29,000 $0
2019 $241 $29,000 $29,000 $0
2018 $241 $29,000 $29,000 $0
2017 $241 $29,000 $29,000 $0
2016 $238 $29,000 $29,000 $0
2015 $288 $40,000 $40,000 $0
2014 $288 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2116485

Central Virginia Regional MLS

APN: 51A8-4-707