NOT LISTED FOR SALE

7025 Merdith Farms Dr Mechanicsville, VA 23111

Estimated Value: $351,000 - $400,000

3 Beds
2 Baths
1,400 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $192,000 $137 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,263/month

19 Days on Market

About This Home

As of April 2015

One level living in Mechanicsville! Adorable rancher on corner lot with pretty porch across front. Mature landscaping means easy upkeep! 3 bedrooms and 2 bath with a beautiful cook's kitchen. This one won't last long! Buyer responsible for all HOA transfer fees. Listing broker and seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of information herein. All info must be verified by the purchaser.

Last Agent to Sell the Property

Brian Liggan

Virginia Capital Realty License #0225176357 Listed on: 01/22/2015

Co-Listed By

Leigh Ann Barber

Virginia Capital Realty License #0225139870

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • 1999

Lot Details

  • 0.36

Home Design

  • Composition Roof

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 8715-94-0947

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

1999

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 137.14
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Number of Rooms: 5
  • Total Fireplaces: 1
  • 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

  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2

Utilities

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

Schools

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

Lot Info

  • Zoning: R-2 - RESIDENTIAL
  • Lot: 1
  • Parcel Number: 8715-94-0947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 3, 2015
Sold by
Federal National Mortgage Association
Bought by
Kelly Rosemary P O
Seller's Agent
Brian Liggan
Virginia Capital Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$192,000
Sold Price
$192,000
Current Estimated Value
$376,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,341
Avg. Annual Appreciation
6.32%
Original Mortgage
$153,600
Outstanding Balance
$119,306
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$245,130

Purchase Details

Closed on
Nov 11, 2014
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 1999
Sold by
James E Bowles Bldrs
Bought by
Carter Leonard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.54%

Purchase Details

Closed on
Feb 5, 1999
Sold by
G & G Ltd Va Corp
Bought by
James Bowles Bldrs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.78%
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
Kelly Rosemary P O $192,000 --
Federal National Mortgage Association $185,000 --
Carter Leonard C $143,000 --
James Bowles Bldrs Inc $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Rosemary P O $153,600
Previous Owner Carter Leonard C $360,000
Previous Owner Carter Leonard C $72,000
Previous Owner James Bowles Bldrs Inc $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $192,000 0.0% $137 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $192,000 -- $137 / 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 $2,737 $337,900 $90,000 $247,900
2024 $2,643 $326,300 $85,000 $241,300
2023 $2,280 $296,100 $80,000 $216,100
2022 $2,176 $268,600 $75,000 $193,600
2021 $2,120 $261,700 $70,000 $191,700
2020 $1,997 $246,500 $65,000 $181,500
2019 $1,720 $238,100 $60,000 $178,100
2018 $1,720 $212,300 $55,000 $157,300
2017 $1,720 $212,300 $55,000 $157,300
2016 $1,720 $212,300 $55,000 $157,300
2015 $1,591 $196,400 $55,000 $141,400
2014 $795 $196,400 $55,000 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1501983

Central Virginia Regional MLS

APN: 8715-94-0947