NOT LISTED FOR SALE

723 Farmville Lake Rd Farmville, VA 23901

Estimated Value: $308,000 - $403,000

4 Beds
2 Baths
2,026 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $309,000 $153 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,005/month

142 Days on Market

Highlights

  • New Construction
  • Deck
  • Double Vanity
  • 1.47 Acre Lot
  • Front Porch
  • Walk-In Closet

About This Home

As of June 2023

One of the prettiest streets in Prince Edward county. Gorgeous homes, serene setting, and a beautiful lot await you in this brand new home. Just minutes from Downtown Farmville, Longwood University, Hampden-Sydney College, fun shops and great restaurants. The open floor plan offers ample space for your family and friends to spread out with both a living room and a family room. The kitchen features 42" overhead cabinets for extra storage space, all new appliances including a double-door refrigerator, an oversized baker's island, and more! Featuring a generously sized primary suite you'll enjoy the double vanity, garden tub and walk-in closet. The three additional large bedrooms offer space for the rest of your family, guest bedrooms, or a home office. Currently DSL is available and Fiber Internet is scheduled to be installed in Fall 2023 so working from home or using multiple devices won't be a problem in your new home! Schedule a private showing to see all that this new home has to offer and ratify a contract by May 15 to receive a Buggy Top Barn!

Last Agent to Sell the Property

Tad Reynolds

RE/MAX Advantage Plus License #0225235188 Listed on: 01/11/2023

RE/MAX Advantage Plus

Last Buyer's Agent

Carey Kelly

Compass License #0225242585

Compass

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $144

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1.47 Acre Lot

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Garden Bath

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Mound Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 051-6-10

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$144

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 1.469
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Modular/Prefab
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Double Vanity, Garden Tub/Roman Tub, Kitchen Island, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Cable TV, Wired for Data, Walk-In Closet(s)
  • Living Area: 2026.0
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Mixed, Vinyl Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Mound Septic
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 051-6-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 144.0
  • Tax Lot: 10

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jun 29, 2023
Sold by
Carwile Patrick
Bought by
Petroski Paul and Petroski Kelly
Seller's Agent
Tad Reynolds
RE/MAX Advantage Plus
Buyer's Agent
Carey Kelly
Compass
List Price
$369,900
Sold Price
$309,000
Premium/Discount to List
-$60,900
-16.46%
Views
249
Current Estimated Value
$355,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,253
Avg. Annual Appreciation
5.45%
Original Mortgage
$231,750
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2021
Sold by
Raymond Richard
Bought by
Cmh Homes Inc

Purchase Details

Closed on
Aug 12, 2019
Sold by
Beach William P and Beach Lila A
Bought by
Raymond Richard

Purchase Details

Closed on
May 22, 2015
Sold by
Sydnor William D
Bought by
Reach William P
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 Buyer Sale Price Title Company
Petroski Paul $309,000 Stewart Title Guaranty Company
Cmh Homes Inc $21,000 Attorney
Raymond Richard $18,000 Attorney
Reach William P $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petroski Paul $275,200
Closed Petroski Paul $231,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $309,000 -3.4% $153 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $319,849 -7.3% $158 / Sq Ft
03/24/2023 03/24/23 Price Changed $345,000 -6.7% $170 / Sq Ft
01/11/2023 01/11/23 For Sale $369,900 -- $183 / 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
2024 $1,017 $199,400 $30,000 $169,400
2023 $957 $199,400 $30,000 $169,400
2022 $658 $137,100 $30,000 $107,100
2021 $144 $30,000 $30,000 $0
2020 $153 $30,000 $30,000 $0
2019 $153 $30,000 $30,000 $0
2018 $153 $30,000 $30,000 $0
2017 $153 $30,000 $30,000 $0
2016 $147 $30,000 $30,000 $0
2015 $147 $30,000 $30,000 $0
2014 $24 $5,000 $5,000 $0
2013 -- $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tad Reynolds

    Seller's Agent in 2023

    Tad Reynolds

    RE/MAX

    (434) 607-5060

    56 in this area

    125 Total Sales

    Tad Reynolds
    Section Image
  • Carey Kelly

    Buyer's Agent in 2023

    Carey Kelly

    Compass

    (804) 715-0926

    1 in this area

    65 Total Sales

    Carey Kelly
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2300742

Central Virginia Regional MLS

APN: 051-6-10

Virginia Prince Edward County Farmville 23901

723 Farmville Lake Rd, Farmville, VA

This home is located at 723 Farmville Lake Rd, Farmville, VA 23901 since 11 January 2023 and is currently estimated at $355,253, approximately $175 per square foot. This property was built in 2022. 723 Farmville Lake Rd is a home located in Prince Edward County with nearby schools including Prince Edward Elementary School, Prince Edward Middle School, and Prince Edward County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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