NOT LISTED FOR SALE

7204 Otey Dr Lanexa, VA 23089

Estimated Value: $383,000 - $430,000

2 Beds
2.5 Baths
2,046 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $235,000 $115 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,383/month

19 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Contemporary Architecture
  • J. Blaine Blayton Elementary School Rated A-
  • Deck
  • Loft

About This Home

As of March 2018

Chickahominy Haven! Remodeled! Open floor plan w/lots of light! Second floor has an all new BR, Bath and Loft which could be 3rd BR! Kitchen w/NEW stainless appliances, sink and flooring. Pantry. NEW interior paint, NEW Levelor blinds, NEW ceiling fans in LR and DR. 1st flr Master w/large bath & walk-in closet. 1st flr Laundry with NEW W/D. Large Foyer w/Office area. French doors in GR lead to huge Deck and private backyard! Front Porch & side Porch off the Kitchen. Nice level wooded lot. 2 storage buildings. Walk or take a golf cart to public Waterfront access to Chickahominy River beach areas. HOA is not mandatory but only $50 annual fee to use the river recreation areas!

Last Agent to Sell the Property

Janet Thrall

Berkshire Hathaway HomeServices Towne Realty License #0225056951 Listed on: 12/29/2017

Berkshire Hathaway HomeServices Towne Realty

Last Buyer's Agent

Karen Wolons

Liz Moore & Associates-2 License #0225215245

Liz Moore & Associates-2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,046 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Loft
  • Crawl Space
  • Walk-In Attic
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • Unpaved Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 19-1-07-0-0017

Community Details

Overview

  • Association fees include common area, recreational facilities, water access

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,944

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Zoning: R2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Contemporary/Modern
  • Structure: Frame
  • Price Per Finished Sq Ft: 114.86
  • Appliances Equipment: Dishwasher, Gas Cooking, Microwave, Refrigerator
  • Total Bathrooms: 2.10
  • Building Structures: Shed, Storage
  • County Or City: James City Co.
  • Lot: 17
  • Parcel Number: 19-1-07-0-0017
  • Siding: Vinyl
  • SP/ Sq Ft: 114.86
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Acres: 0.4800
  • Total Sq Ft: 2046
  • Year Built: 1998
  • Special Features: None
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Number of Rooms: 5
  • Basement Type: Crawl Space
  • Flooring: Carpet, Vinyl
  • Attic: Walk-In
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 1 Half Bathroom: 1
  • Interior: 9 Ft + Ceilings, Ceiling Fan, Dryer Hookup, Eat-In-Kitchen, Loft, Pantry, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Lanexa

Exterior Features

  • Exterior: Deck, Porch, Patio
  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Off Street, Unpaved Driveway

Utilities

  • Heating Fuel: Propane Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Beach, Boat Ramp, Picnic Area, Playground
  • Fee: 50.00
  • Fee Description: Community Association
  • Fee Includes: Common Area, Recreational Facilities, Water Access
  • Fee Period: Yearly

Schools

  • Elementary School: J Blaine Blayton
  • High School: Warhill
  • Middle School: Toano

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 1944.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Feb 15, 2018
Sold by
Waters Earnie N and Waters Kathleen M
Bought by
Vaught Timothy B and Van Dyke Brittany L
Seller's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Karen Wolons
Liz Moore & Associates-2
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$411,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,053
Avg. Annual Appreciation
7.37%
Original Mortgage
$237,373
Outstanding Balance
$201,835
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$209,218

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jan 19, 2017
Sold by
Ritchie Leon D and Ritchie Peggy A
Bought by
Waters Earnie N and Waters Kathleen M
Seller's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
List Price
$225,000
Sold Price
$222,000
Premium/Discount to List
-$3,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$222,000
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Listed on
Sep 8, 2011
Closed on
Apr 23, 2012
Sold by
Hager Barbara A
Bought by
Ritchie Leon D
Seller's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
List Price
$235,000
Sold Price
$194,000
Premium/Discount to List
-$41,000
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$200,402
Interest Rate
3.91%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vaught Timothy B $235,000 Lytle Title & Escrow Llc
Waters Earnie N $222,000 Attorney
Ritchie Leon D $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaught Timothy B $237,373
Previous Owner Waters Earnie N $222,000
Previous Owner Ritchie Leon D $200,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2018 03/07/18 Sold $235,000 0.0% $115 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $235,000 -2.1% $115 / Sq Ft
12/29/2017 12/29/17 For Sale $240,000 +8.1% $117 / Sq Ft
01/23/2017 01/23/17 Sold $222,000 -1.3% $114 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $225,000 +16.0% $116 / Sq Ft
05/01/2012 05/01/12 Sold $194,000 -17.4% $102 / Sq Ft View Prior Sale
02/27/2012 02/27/12 Pending -- -- --
09/08/2011 09/08/11 For Sale $235,000 -- $123 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,750 $331,300 $81,900 $249,400
2023 $2,584 $261,100 $51,200 $209,900
2022 $2,167 $261,100 $51,200 $209,900
2021 $2,011 $239,400 $46,200 $193,200
2020 $2,011 $239,400 $46,200 $193,200
2019 $1,944 $231,400 $46,200 $185,200
2018 $1,944 $231,400 $46,200 $185,200
2017 $1,620 $192,900 $46,200 $146,700
2016 $1,620 $192,900 $46,200 $146,700
2015 $810 $192,900 $46,200 $146,700
2014 $1,485 $192,900 $46,200 $146,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1742976

Williamsburg Multiple Listing Service

APN: 19-1 07-0-0017