NOT LISTED FOR SALE

7241 Otey Dr Lanexa, VA 23089

Estimated Value: $606,362 - $727,000

0.52 Acre
$1,252,098 Price per Acre
22,651 Sq Ft Lot

Last Sold July 28, 2020

Last sale price $65,000

Est. 902% increase in value since last sale

Current estimated payment $3,453/month

129 Days on Market

About This Lot

As of July 2020

Chickahominy Haven building lot! One of the very few vacant lots left-if not the last! Half acre, level and cleared. Build your dream home in the Haven! HOA is voluntary, but join for only $75 annually and enjoy the beach, fishing pier, boat ramp, recreation areas and playground.

Last Agent to Sell the Property

Janet Thrall

Berkshire Hathaway HomeServices Towne Realty License #0225056951 Listed on: 01/06/2020

Berkshire Hathaway HomeServices Towne Realty

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $459

Lot Details

  • 0.52 Acre Lot
  • Chain Link Fence

HOA Fees

  • $6 Monthly HOA Fees

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Natural Gas Not Available
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 19-1-06-0-0038

Community Details

Recreation

  • Boat Ramp
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$459

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Zoning: R2
  • Property Type: Lots/Land
  • Property Sub Type: Building Lot
  • Possible Use: Single Family
  • Building Structures: No Buildings
  • County Or City: James City Co.
  • Land Use Asmt: Unknown
  • Lot: 38
  • Parcel Number: 19-1-06-0-0038
  • Telecommunication: Unknown
  • Acres: 0.5200
  • Special Features: None

Interior Features

  • Post Office: Lanexa

Exterior Features

  • Fence: Chain Link

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: Septic Needed

Condo/Co-op/Association

  • Amenities: Boat Ramp
  • Fee: 75.00
  • Fee Period: Yearly

Schools

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

Tax Info

  • Annual Taxes: 459.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Hopkins Road Inc
Bought by
Buchanan Lance S and Buchanan Beverly J
Current Estimated Value
$651,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Outstanding Balance
$582,485
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$68,606

Purchase Details

Closed on
May 19, 2023
Sold by
Zilla John S and Zilla Patricia
Bought by
Zilla Living Trust and Zilla

Purchase Details

Closed on
Mar 21, 2023
Sold by
Washburn Robert H and Washburn Christine M
Bought by
Legacy Construction Va Llc

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jul 16, 2020
Sold by
Medlock James E
Bought by
Washburn Robert H and Washburn Christine M
Seller's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.39%
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
Buchanan Lance S $590,000 Fidelity National Title
Zilla Living Trust -- None Listed On Document
Legacy Construction Va Llc $85,000 Fidelity National Title
Washburn Robert H $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Lance S $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $65,000 -13.3% --
05/14/2020 05/14/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $75,000 -- --
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 $502 $554,300 $82,600 $471,700
2024 $502 $554,300 $82,600 $471,700
2023 $502 $60,500 $60,500 $0
2022 $502 $60,500 $60,500 $0
2021 $459 $54,600 $54,600 $0
2020 $459 $54,600 $54,600 $0
2019 $459 $54,600 $54,600 $0
2018 $459 $54,600 $54,600 $0
2017 $459 $54,600 $54,600 $0
2016 $459 $54,600 $54,600 $0
2015 $229 $54,600 $54,600 $0
2014 $420 $54,600 $54,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Janet Thrall

    Berkshire Hathaway HomeServices Towne Realty

    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    VA_WMLS

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2000073

Williamsburg Multiple Listing Service

APN: 19-1 06-0-0038

Virginia James City County Lanexa 23089

7241 Otey Dr, Lanexa, VA

Not Listed for Sale

Lots

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