NOT LISTED FOR SALE

7241 Pegway Ln Mechanicsville, VA 23111

Estimated Value: $347,000 - $375,000

3 Beds
2 Baths
1,555 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $229,900 $148 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,097/month

17 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Storm Windows
  • Laurel Meadow Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of March 2019

Your new home is a beautiful timeless brick rancher in the heart of Mechanicsville. This home boasts 1,555 square feet, 3 bedroom and 2 full baths. The kitchen has new stainless steel appliances, new countertop and a tile floor. It is open to the family room, which has a tile floor and a wood burning brick fireplace. The formal living room has new carpet and a large picture window that brings in great natural light. There is also a formal dining room with a chair rail and is open to the kitchen. The three spacious bedrooms have new carpet. There is a utility room/ mudroom with a side entrance with cabinets with countertops and a washer and dryer included. The whole house has been painted inside and out. The crawlspace has a new vapor barrier, insulation and a French drain with a sump pump for extra precautions. The backyard is fenced and has a patio, great for dog lovers and entertaining. This move-in ready home is a must see; schedule your showing before it is too late! 1-YEAR AHS HOME WARRANTY INCLUDED!

Last Agent to Sell the Property

Bryan Boykin

ERA Woody Hogg & Assoc License #0225099053 Listed on: 01/31/2019

ERA Woody Hogg & Assoc

Co-Listed By

Woody Hogg

ERA Woody Hogg & Assoc License #0225108938

Last Buyer's Agent

Monica Kincaid

EXP Realty LLC License #0225224549

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 1974

Lot Details

  • 0.43 Acre Lot
  • Back Yard Fenced
  • Zoning described as R2

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,555 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Crawl Space
  • Storm Windows

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Porch
  • Stoop

Schools

  • Laurel Meadow Elementary School
  • Bell Creek Middle School
  • Mechanicsville High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Shared Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Meadow Gate Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 8715-54-1249

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,477

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Property Attached Yn: No
  • Lot Size Acres: 0.43
  • Co List Office Mls Id: WHOG03
  • Co List Office Phone: 804-559-4644
  • Ownership: Individuals
  • Subdivision Name: Meadow Gate
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Range Hood, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Recessed Lighting, Cable TV
  • Living Area: 1555.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Familial Relation, Owner Is Listing Agent
  • Construction Type: Brick, Block, Drywall
  • Exterior Features: Deck, Lighting, Porch, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Patio, Stoop, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Parcel Number: 8715-54-1249
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1477.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Laurel Meadow
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 28, 2019
Sold by
Rva Homesshop Llc
Bought by
Worrell Woods Michael Antonio and Worrell Woods Pamela
Seller's Agent
Bryan Boykin
ERA Woody Hogg & Assoc
Buyer's Agent
Monica Kincaid
EXP Realty LLC
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$357,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,762
Avg. Annual Appreciation
6.95%
Original Mortgage
$237,486
Outstanding Balance
$208,365
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$149,297

Purchase Details

Closed on
Nov 7, 2018
Sold by
Shinault Casey D
Bought by
Rva Homesshop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2002
Sold by
Colbert Preston G
Bought by
Harmon Neal
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
Worrell Woods Michael Antonio $229,900 First Title & Escrow Inc
Rva Homesshop Llc $167,000 Attorney
Harmon Neal $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worrell Woods Michael Antonio $237,486
Previous Owner Rva Homesshop Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $229,900 0.0% $148 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $229,900 -- $148 / 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
2025 $2,650 $327,200 $90,000 $237,200
2024 $2,381 $293,900 $80,000 $213,900
2023 $2,094 $271,900 $75,000 $196,900
2022 $1,891 $233,500 $75,000 $158,500
2021 $1,767 $218,100 $70,000 $148,100
2020 $1,643 $202,800 $65,000 $137,800
2019 $1,477 $182,400 $55,000 $127,400
2018 $1,477 $182,400 $55,000 $127,400
2017 $1,390 $171,600 $55,000 $116,600
2016 $1,390 $171,600 $55,000 $116,600
2015 $1,390 $171,600 $55,000 $116,600
2014 $1,390 $171,600 $55,000 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1903051

Central Virginia Regional MLS

APN: 8715-54-1249