NOT LISTED FOR SALE

7050 Stubbs Bridge Rd Spotsylvania, VA 22551

Margo Neighborhood

Estimated Value: $426,000 - $589,000

2.07 Acres
$233,264 Price per Acre
90,169 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $72,000

Est. 571% increase in value since last sale

Current estimated payment $2,757/month

5 Days on Market

About This Lot

As of July 2021

This lot is ready for you to build on. Located near Lake Anna, this private, level lot already has a well, 3 bedroom conventional drainfield and driveway installed. Owners have had septic and well inspected and both are in good operating condition. Bring your builder or your home (double wide approved). Property is located just a short distance from Lake Anna State Park.

Last Agent to Sell the Property

Angel Hough

Long & Foster REALTORS License #0225053625 Listed on: 05/14/2021

Long & Foster REALTORS

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $359

Lot Details

  • 2.07 Acre Lot
  • Lake Front
  • Level Lot
  • Zoning described as A3

Schools

  • Livingston Elementary School
  • Post Oak Middle School
  • Spotsylvania High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2B
  • Assessor Parcel Number 56-3-2B

Property Details

Property Type

Land

Est. Annual Taxes

$359

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 2.07
  • Water Body Name: Lake Anna
  • Ownership: Individuals
  • Subdivision Name: None
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Level
  • Waterfront Features: Lake
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Electricity Available

Schools

  • Middle Or Junior School: Post Oak

Lot Info

  • Parcel Number: 56-3-2B
  • Zoning Description: A3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 359.0
  • Tax Lot: 2B

MLS Schools

  • Elementary School: Livingston
  • High School: Spotsylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Cmh Homes Inc
Bought by
Cary Alexander John and Cary Sansan D
Current Estimated Value
$482,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,624
Outstanding Balance
$324,899
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$148,147

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 13, 2021
Sold by
Acors Michael L and Acors Laurie L
Bought by
Cmh Homes Inc
Seller's Agent
Angel Hough
Long & Foster REALTORS
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$79,000
Sold Price
$72,000
Premium/Discount to List
-$7,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.06%

Purchase Details

Closed on
Mar 29, 2021
Sold by
Cmh Homes Inc
Bought by
Claxton Vincent Scott

Purchase Details

Closed on
Aug 11, 2010
Sold by
Vaughn Keith J
Bought by
Acors Michael L
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
Cary Alexander John $352,000 Homecastle Title
Cmh Homes Inc $72,000 Attorney
Claxton Vincent Scott $234,752 Homecastle Title
Acors Michael L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cary Alexander John $345,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $72,000 -8.9% --
05/19/2021 05/19/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $79,000 -- --
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 $2,482 $338,000 $61,400 $276,600
2024 $2,482 $338,000 $61,400 $276,600
2023 $2,094 $271,400 $44,800 $226,600
2022 $367 $49,800 $44,800 $5,000
2021 $359 $44,300 $39,300 $5,000
2020 $359 $44,300 $39,300 $5,000
2019 $352 $41,500 $36,500 $5,000
2018 $346 $41,500 $36,500 $5,000
2017 $353 $41,500 $36,500 $5,000
2016 $353 $41,500 $36,500 $5,000
2015 -- $75,300 $33,700 $41,600
2014 -- $75,300 $33,700 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2114237

Central Virginia Regional MLS

APN: 56-3-2B