NOT LISTED FOR SALE

7251 Grace Ln Mechanicsville, VA 23111

Estimated Value: $323,000 - $357,000

3 Beds
1 Bath
1,799 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $155,500 $86 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,000/month

113 Days on Market

About This Home

As of November 2014

Quaint Cottage in the heart of Mechanicsville, neat house floor plan with a nostalgic look, must see.

Last Agent to Sell the Property

David Berberich

Hometown Realty License #0225046712 Listed on: 06/17/2014

Hometown Realty

Last Buyer's Agent

Sandy Gail Aikey

BHG Base Camp License #0225103382

BHG Base Camp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • 1945

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 8704-75-5094

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

1945

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 86.44
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Number of Rooms: 6
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: No Attic
  • Number Of Levels: 1.50

Exterior Features

  • Roof: Dimensional
  • Siding: Brick

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Mechanicsville
  • Middle School: Chickahominy
  • High School: Atlee

Lot Info

  • Zoning: R-1 - RESIDENTIAL
  • Parcel Number: 8704-75-5094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Nov 20, 2014
Sold by
Dynasty Iii Llc
Bought by
Thomas Sean M
Seller's Agent
David Berberich
Hometown Realty
Buyer's Agent
Sandy Gail Aikey
BHG Base Camp
List Price
$166,500
Sold Price
$155,500
Premium/Discount to List
-$11,000
-6.61%
Current Estimated Value
$331,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,322
Avg. Annual Appreciation
7.60%
Original Mortgage
$152,683
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2014
Sold by
Martin Betty M and Stein Barbara M
Bought by
Dynasty Iii Llc
Source: Public Records

Range of Values:

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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
Thomas Sean M $155,500 --
Dynasty Iii Llc $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Sean M $80,000
Open Thomas Sean M $142,800
Closed Thomas Sean M $152,683
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $155,500 -6.6% $86 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $166,500 -- $93 / 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 $2,301 $284,100 $85,000 $199,100
2024 $2,301 $284,100 $85,000 $199,100
2023 $2,062 $267,800 $80,000 $187,800
2022 $2,036 $251,400 $72,000 $179,400
2021 $1,908 $235,600 $68,000 $167,600
2020 $1,690 $208,700 $60,000 $148,700
2019 $1,561 $192,700 $52,500 $140,200
2018 $1,561 $192,700 $52,500 $140,200
2017 $1,561 $192,700 $52,500 $140,200
2016 $1,393 $172,000 $52,500 $119,500
2015 $1,393 $172,000 $52,500 $119,500
2014 $1,393 $172,000 $52,500 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1417408

Central Virginia Regional MLS

APN: 8704-75-5094