NOT LISTED FOR SALE

7222 Otey Dr Lanexa, VA 23089

Estimated Value: $478,000 - $735,894

5 Beds
4.5 Baths
3,652 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $400,000 $110 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,701/month

38 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Home fronts a creek
  • J. Blaine Blayton Elementary School Rated A-
  • Water Access
  • Garage Apartment

About This Home

As of June 2023

What a rare opportunity to put your touch on this waterfront 5 bedroom 4.5 bathroom home offering 3,652 square feet in highly sought after Chickahominy Haven! Updated kitchen with granite countertops, stainless steel appliances, large island and custom countertops. First floor primary bedroom suite and attached primary bathroom. Interior features include formal living room, formal dining room, laundry room and family room with fireplace and bar. The second floor boasts a second large primary bedroom suite with sitting area, attached primary bathroom with double vanity, tub and walk in shower. Two additional bedrooms and hallway bathroom. There are lots of opportunities to use the apartment above the garage with full kitchen and bathroom that would be perfect for an in-law suite. Exterior features include side loading two car garage, deck, dock and gazebo perfect for taking in views of the water!

Last Agent to Sell the Property

Justin Wynings

RE/MAX Peninsula License #0225211340 Listed on: 03/27/2023

Co-Listed By

Ingrid Bayne

RE/MAX Peninsula License #0225063494

Last Buyer's Agent

Cindy Steele

Howard Hanna William E. Wood License #0225228248

Howard Hanna William E. Wood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1985

Lot Details

  • 0.53 Acre Lot
  • Home fronts a creek
  • Home fronts navigable water

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 3,652 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Formal Dining Room
  • Crawl Space
  • Walk-In Attic
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Parking

  • 2 Car Direct Access Garage
  • Garage Apartment
  • Oversized Parking
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a canal
  • Deck
  • Exterior Lighting

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • The river is a source of water for the property
  • Well
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 19-1-07-0-0026

Community Details

Overview

  • Chickahominy Haven Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,142

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Zoning: R2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Colonial
  • Structure: Frame
  • Price Per Finished Sq Ft: 109.53
  • Appliances Equipment: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Cooking, Microwave, Range, Refrigerator, Smoke Alarm, Stove, Wall Oven
  • Total Bathrooms: 4.10
  • County Or City: James City Co.
  • Neighborhood Name: CHICKAHOMINY HAVEN
  • Parcel Number: 19-1-07-0-0026
  • SP/ Sq Ft: 109.53
  • Water Type: Access, Canal, Creek Frontage, Dock/Pier, MLW 0-2 Ft, MLW 2-4 Ft, Navigable
  • Year Built Description: Actual
  • Acres: 0.5250
  • Total Sq Ft: 3652
  • Year Built: 1985
  • Attribution Contact: (757) 272-2760
  • Directions: GPS
  • FILLSUBDIVISION: Chickahominy Haven
  • Special Features: None
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Number of Rooms: 12
  • Fireplace: Gas
  • Basement Type: Crawl Space
  • Flooring: Carpet, Wood
  • Attic: Walk-In
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Level 1 Half Bathroom: 1
  • Interior: Bay/Bow Window, Built In Cabinet/Bookcases, Ceiling Fan, Countertops - Granite/Stone, Dining Area, Double Vanity, Dryer Hookup, Eat-In-Kitchen, Formal Dining Room, In-Law Suite, Island, Other, Pantry, Recessed Lighting, Walk-In Closet, Washer Hookup, Wet Bar, Window Treatment
  • Number Of Levels: 2.00
  • Post Office: Lanexa

Exterior Features

  • Exterior: Deck, Outdoor Lighting
  • Roof: Asphalt Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Apartment, Attached, Direct Entry, Oversized, Pedestrian Door, Side/Rear Load
  • Number Of Cars: 2
  • Parking: Double Width, Off Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 4142.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jun 6, 2023
Sold by
Moorefield Patsy West and Moorefield Clayton Q
Bought by
Shaikh Holly J
Seller's Agent
Justin Wynings
RE/MAX Peninsula
Buyer's Agent
Cindy Steele
Howard Hanna William E. Wood
List Price
$495,000
Sold Price
$400,000
Premium/Discount to List
-$95,000
-19.19%
Views
78
Current Estimated Value
$632,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,474
Avg. Annual Appreciation
19.11%
Original Mortgage
$320,000
Outstanding Balance
$228,599
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$403,875
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaikh Holly J $495,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaikh Holly J $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $400,000 -15.8% $110 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $475,000 -4.0% $130 / Sq Ft
03/27/2023 03/27/23 For Sale $495,000 -- $136 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $4,142 $676,300 $109,200 $567,100
2024 $4,142 $676,300 $109,200 $567,100
2023 $4,142 $499,000 $120,400 $378,600
2022 $4,142 $499,000 $120,400 $378,600
2021 $3,915 $466,100 $120,400 $345,700
2020 $3,915 $466,100 $120,400 $345,700
2019 $3,817 $454,400 $120,400 $334,000
2018 $3,817 $454,400 $120,400 $334,000
2017 $3,817 $454,400 $120,400 $334,000
2016 $3,817 $454,400 $120,400 $334,000
2015 -- $454,400 $120,400 $334,000
2014 -- $454,400 $120,400 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2300824

Williamsburg Multiple Listing Service

APN: 19-1-07-0-0026