NOT LISTED FOR SALE

7231 Otey Dr Lanexa, VA 23089

Estimated Value: $402,000 - $465,000

3 Beds
2 Baths
2,024 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $225,000 $111 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,438/month

63 Days on Market

About This Home

As of March 2017

Charming 3 bedroom 2 bath rural cape located in waterfront community.

Last Agent to Sell the Property

Rob White

Rob White Realty, LLC License #0225188839 Listed on: 11/17/2016

Last Buyer's Agent

Elena Chando

Fathom Realty License #0225187049

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 1.5-Story Property
  • No Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 19-1-06-0-0033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,962

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Zoning: R2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: 2-Story
  • Structure: Frame
  • Price Per Finished Sq Ft: 111.17
  • Total Bathrooms: 2.00
  • County Or City: James City Co.
  • Lot: 33
  • Parcel Number: 19-1-06-0-0033
  • Siding: Vinyl
  • SP/ Sq Ft: 111.17
  • Year Built Description: Actual
  • Acres: 0.4640
  • Total Sq Ft: 2024
  • Year Built: 1994
  • Special Features: 20
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Number of Rooms: 5
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Number Of Levels: 1.50
  • Post Office: Lanexa

Exterior Features

  • Roof: Composite

Utilities

  • Heating: Other
  • Cooling Description: unknown
  • Heat Fuel Description: unknown
  • Heating Description: unknown
  • Sewer: Conventional Septic
  • Water: Well

Schools

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

Tax Info

  • Annual Taxes: 1962.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 10, 2017
Sold by
Hsbc Bank Usa National Association As Tr
Bought by
Watkins Beverly J
Seller's Agent
Rob White
Rob White Realty, LLC
Buyer's Agent
Elena Chando
Fathom Realty
List Price
$242,900
Sold Price
$225,000
Premium/Discount to List
-$17,900
-7.37%
Current Estimated Value
$425,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,210
Avg. Annual Appreciation
7.45%
Original Mortgage
$180,000
Outstanding Balance
$148,209
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$277,001

Purchase Details

Closed on
Apr 19, 2016
Sold by
Samuel I White Pc and Dacke Kent
Bought by
Hsbc Bank Usa National Association As Tr and Merrill Lynch Mortgage Investors Trust S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watkins Beverly J $225,000 Lytle Title & Escrow Llc
Hsbc Bank Usa National Association As Tr $180,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Beverly J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2017 03/08/17 Sold $225,000 -7.4% $111 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $242,900 -- $120 / 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 $2,562 $308,700 $81,100 $227,600
2023 $2,408 $267,400 $56,700 $210,700
2022 $2,219 $267,400 $56,700 $210,700
2021 $2,059 $245,100 $51,200 $193,900
2020 $2,059 $245,100 $51,200 $193,900
2019 $1,996 $237,600 $51,200 $186,400
2018 $1,996 $237,600 $51,200 $186,400
2017 $2,140 $254,800 $51,200 $203,600
2016 $2,140 $254,800 $51,200 $203,600
2015 $1,070 $254,800 $51,200 $203,600
2014 $981 $254,800 $51,200 $203,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rob White

    Rob White Realty, LLC

    Section Image

  • E

    Buyer's Agent in 2017

    Elena Chando

    Fathom Realty

    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1638058

Williamsburg Multiple Listing Service

APN: 19-1 06-0-0033

Virginia James City County Lanexa 23089

7231 Otey Dr, Lanexa, VA

Not Listed for Sale

Detached

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