$480,000
SOLD NOV 12, 2024

7221 Otey Dr Lanexa, VA 23089

3 Beds
2.5 Baths
2,267 Sq Ft
0.46 Acres

Recently Sold

$212 Per Sq Ft

13% Below List Price

81 Days on Market

Highlights

  • Private Water Access
  • Spa
  • Ranch Style House
  • J. Blaine Blayton Elementary School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2024

Welcome to your dream home in a vibrant waterfront community! Upon entering this Custom Built Ranch-style Home, you'll be greeted by a welcoming foyer that opens into a large LR w/ cathedral ceilings, great for both relaxing & entertaining. The owner's suite is a true retreat w/ 2 generous walk-in closets & a spa-like BA. Above the 2-car garage, a versatile bonus room offers endless possibilities, like a home office, or guest suite. Step outside through the elegant French doors onto the 2022 deck, where you'll find an inviting space. The fenced-in backyard is great for pursuing your gardening passions, including a 2021 chicken coop, 2023 greenhouse, & 2024 raised garden beds. This home is equipped w/ '23 American Standard Silver Series HVAC & Whole House Water Filtration Sys ensuring your comfort year-round. Kitchen features Upgraded / Modern Appliances. Addl storage w/ a 10 x 16 shed built in 2022. Double paved driveway to store/ park boat. No Flood Insurance Required!

Last Agent to Sell the Property

Charlene Galvez

Garrett Realty Partners Brokerage Phone: 7578731002 License #02252500003 Listed on: 07/25/2024

Garrett Realty Partners

Last Buyer's Agent

Outside R.e. Agent last name

Other Real Estate Firms

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot
  • Fenced
  • Zoning described as R 2

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Ranch Style House
  • HardiePlank Type

Interior Spaces

  • 2,267 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Private Water Access
  • Deck
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chickahominy Haven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1910700004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Non-Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: Chickahominy Haven
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Jet Tub
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Cathedral/Vaulted/Tray Ceilings, Fireplace, Walk-In Closet(s)
  • Living Area: 2267
  • Dining Room Features: Breakfast Area, Eat-in Kitchen

Exterior Features

  • Fencing: Fenced
  • Lot Features: < .5 acre
  • Waterfront Features: Water Access-Private
  • Construction Type: HardiPlank Type, Sheetrock Walls
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Age 10+ yrs

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Two Car, Paved Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Zoning Description: R 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2616
  • Tax Book Number: 202217156
  • Tax Map Number: 1910700004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Nov 7, 2024
Sold by
Carpenter Steven J
Bought by
Wilhite Starr E and Wilhite Judith A
Seller's Agent
Charlene Galvez
Garrett Realty Partners
Buyer's Agent
Outside R.e. Agent last name
Other Real Estate Firms
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%
Views
96
Current Estimated Value
$503,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,341
Avg. Annual Appreciation
5.02%
Original Mortgage
$384,000
Outstanding Balance
$379,784
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$123,557

Purchase Details

Closed on
Dec 9, 2022
Sold by
Cox Monya L
Bought by
Carpenter Steven J

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 9, 2016
Sold by
Mounce Shaun R
Bought by
Carpenter Steven J and Carpenter Monya L
Seller's Agent
Steve Ewell
Coldwell Banker Traditions
Buyer's Agent
John Stump
Coldwell Banker Traditions, LLC
List Price
$317,000
Sold Price
$308,000
Premium/Discount to List
-$9,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$314,622
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Listed on
Nov 4, 2011
Closed on
Mar 5, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mounce Shaun R
Seller's Agent
Dina Lobo
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Frances Cairns
Howard Hanna William E. Wood
List Price
$279,900
Sold Price
$248,000
Premium/Discount to List
-$31,900
-11.4%

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
$248,000
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Sep 14, 2011
Sold by
Samuel I White Pc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 28, 2008
Sold by
Absolute Construction
Bought by
Short Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $480,000 Barristers Title
Bargain Sale Deed $480,000 Barristers Title
Gift Deed -- --
Warranty Deed $308,000 First Va Title & Escrow
Special Warranty Deed $248,000 --
Trustee Deed $231,017 --
Warranty Deed $47,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Closed $384,000 New Conventional
Previous Owner $314,622 VA
Previous Owner $248,000 VA
Previous Owner $47,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2024 11/12/24 Sold $480,000 -3.0% $212 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $495,000 -3.9% $218 / Sq Ft
08/12/2024 08/12/24 Price Changed $515,000 -2.8% $227 / Sq Ft
08/02/2024 08/02/24 Price Changed $530,000 -3.6% $234 / Sq Ft
07/25/2024 07/25/24 For Sale $550,000 +78.6% $243 / Sq Ft
07/05/2016 07/05/16 Sold $308,000 -2.8% $136 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $317,000 +27.8% $140 / Sq Ft
03/28/2012 03/28/12 Sold $248,000 -11.4% $109 / Sq Ft View Prior Sale
01/24/2012 01/24/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $279,900 -- $123 / Sq Ft
Source: Northern Neck Association of REALTORS®

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 $2,615 $399,400 $81,100 $318,300
2024 $2,615 $399,400 $81,100 $318,300
2023 $2,615 $315,100 $56,700 $258,400
2022 $2,615 $315,100 $56,700 $258,400
2021 $2,428 $289,100 $51,200 $237,900
2020 $2,428 $289,100 $51,200 $237,900
2019 $2,351 $279,900 $51,200 $228,700
2018 $2,351 $279,900 $51,200 $228,700
2017 $2,182 $259,800 $51,200 $208,600
2016 $2,182 $259,800 $51,200 $208,600
2015 -- $259,800 $51,200 $208,600
2014 -- $259,800 $51,200 $208,600
Source: Public Records

Agents Affiliated with this Home

  • Charlene Galvez

    Seller's Agent in 2024

    Charlene Galvez

    Garrett Realty Partners

    (804) 832-6808

    2 in this area

    79 Total Sales

    Charlene Galvez
    Section Image

  • O

    Buyer's Agent in 2024

    Outside R.e. Agent last name

    Other Real Estate Firms

  • Steve Ewell

    Seller's Agent in 2016

    Steve Ewell

    Coldwell Banker Traditions

    (757) 603-2807

    3 in this area

    81 Total Sales

    Steve Ewell
    Section Image
  • John Stump

    Buyer's Agent in 2016

    John Stump

    Coldwell Banker Traditions, LLC

    (757) 719-7664

    17 Total Sales

    John Stump
    Section Image

  • D

    Seller's Agent in 2012

    Dina Lobo

    Berkshire Hathaway HomeServices Towne Realty

  • F

    Buyer's Agent in 2012

    Frances Cairns

    Howard Hanna William E. Wood

    (757) 342-2211

    14 Total Sales

    Frances Cairns
    Section Image
See All Agents

Map

Source: Northern Neck Association of REALTORS®

MLS Number: 117593

APN: 19-1-07-0-0004

Virginia James City County Lanexa 23089

7221 Otey Dr, Lanexa, VA

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