NOT LISTED FOR SALE

7058 Studley Rd Mechanicsville, VA 23116

Estimated Value: $315,000 - $355,000

3 Beds
1 Bath
1,144 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $145,000 $127 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,047/month

29 Days on Market

Highlights

  • Central Air
  • Rural Point Elementary School Rated A
  • Baseboard Heating

About This Home

As of March 2012

Reduced price on this renovated rancher. This is a Fannie Mae HomePath Property! Purchase this property for a little as 3% down! Fantastic brick rancher with fireplace on a very nice shaded lot. This home offers fresh interior paint, three bedrooms and the nice hardwood floors have just been refinished! New bathtub! Extra large eat in kitchen and a seperate laundry room off kithcen. Fantastic sunroom really makes this house. This property is approve for HomePath Mortgage or Homepath Renovation Mortgage Financing.

Last Agent to Sell the Property

David Filegar

Genesis Realty of Virginia LLC License #0225035393 Listed on: 01/10/2012

Last Buyer's Agent

Kathy Holland

Resource Realty Services License #0225048892

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,263

Year Built

  • 1985

Lot Details

  • 1.02

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 8716-89-9890

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,263

Year Built

1985

Lot Details

0

Listing Details

  • Structure: Frame, Brick
  • Price Per Finished Sq Ft: 126.75
  • Finished Sq Ft: 1144
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Number of Rooms: 6
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Rear, Glass
  • Pool Description: Above Ground
  • Roof: Composition
  • Siding: Brick

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 1

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard, Heat Pump
  • Cooling: Central Air
  • Sewer: Conventional Septic
  • Water: Well

Schools

  • Elementary School: Rural Point
  • Middle School: Oak Knoll
  • High School: Hanover

Lot Info

  • Zoning: A-1 - AGRICULTURAL
  • Parcel Number: 8716-89-9890

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Mar 13, 2012
Sold by
Federal National Mortgage Association
Bought by
Hammock Timothy D
Seller's Agent
David Filegar
Genesis Realty of Virginia LLC
Buyer's Agent
Kathy Holland
Resource Realty Services
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Total Days on Market
29
Current Estimated Value
$336,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,304
Avg. Annual Appreciation
6.35%
Original Mortgage
$141,324
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2011
Sold by
Samuel I White Pc
Bought by
Federal National Mortgage Association
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
Hammock Timothy D $145,000 --
Federal National Mortgage Association $174,695 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammock Timothy D $141,100
Closed Hammock Timothy D $136,426
Closed Hammock Timothy D $141,324
Previous Owner Sneed Donald R $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $145,000 -6.4% $127 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $154,900 -- $135 / 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 $2,263 $279,400 $90,200 $189,200
2024 $2,263 $279,400 $90,200 $189,200
2023 $1,935 $251,300 $90,200 $161,100
2022 $1,916 $236,500 $80,200 $156,300
2021 $1,746 $215,500 $75,200 $140,300
2020 $1,746 $215,500 $75,200 $140,300
2019 $1,545 $205,400 $70,200 $135,200
2018 $1,545 $190,800 $65,700 $125,100
2017 $1,432 $176,800 $65,200 $111,600
2016 $1,432 $176,800 $65,200 $111,600
2015 $1,432 $176,800 $65,200 $111,600
2014 $1,432 $176,800 $65,200 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1200889

Central Virginia Regional MLS

APN: 8716-89-9890