NOT LISTED FOR SALE

7253 Arrowstone Rd Mechanicsville, VA 23111

Estimated Value: $409,000 - $461,000

4 Beds
3 Baths
2,498 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $135,000 $54 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $2,651/month

57 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Baseboard Heating
  • Laurel Meadow Elementary School Rated A-

About This Home

As of March 2014

This brick rancher is over 2400 sq. ft. on a large corner lot with private driveway, fenced rear yard, and large 2 level deck. Interior features wood floors, new paint, new carpet, and tile floors. Living room has a picture window, formal dining room, den with fireplace, eat-in kitchen, family room leads to deck, 4 bedrooms, 3 full bath, and utility room. Possible In-Law suite. This home is conveniently located near stores, shopping centers, restaurants, schools, places of worship, and interstate. All at this great price!!

Last Agent to Sell the Property

Larry Perkins

United Real Estate Richmond License #0225125236 Listed on: 11/20/2013

Last Buyer's Agent

Charles Watson

Lifelong Realty Inc License #0225033393

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • 1972

Lot Details

  • 0.51

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Partially Carpeted
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 8714-65-7028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

1972

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 54.04
  • Finished Sq Ft: 2498
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Flooring: Carpet-Part, Linoleum, Tile, Wood-Part
  • Number of Rooms: 11
  • Fireplace: Brick, Wood Burning
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Level 1 Full Bathrooms: 3
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Composition
  • Siding: Brick, Aluminum
  • Wall Type: Drywall

Garage/Parking

  • Parking: Paved Driveway

Utilities

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

Schools

  • Elementary School: Laurel Meadow
  • Middle School: Stonewall Jackson
  • High School: Lee Davis

Lot Info

  • Zoning: R-1 - RESIDENTIAL
  • Lot: 13
  • Parcel Number: 8714-65-7028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Feb 3, 2014
Sold by
Wells Fargo Bank Na
Bought by
Chan Kam C
Seller's Agent
Larry Perkins
United Real Estate Richmond
Buyer's Agent
Charles Watson
Lifelong Realty Inc
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Current Estimated Value
$435,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,714
Avg. Annual Appreciation
10.18%
Original Mortgage
$101,250
Outstanding Balance
$76,911
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$333,334

Purchase Details

Closed on
Aug 9, 2013
Sold by
Samuel I White Pc and Ostein George W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 6, 2002
Sold by
Cousins Gloria L
Bought by
Ostein Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,619
Interest Rate
6.04%
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
Chan Kam C $219,100 --
Wells Fargo Bank Na $78,062 --
Ostein Deborah E $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kam C $101,250
Previous Owner Ostein Deborah E $274,561
Previous Owner Ostein Deborah E $64,800
Previous Owner Ostein Deborah E $153,619
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2014 03/13/14 Sold $135,000 -15.6% $54 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $159,900 -- $64 / 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 $3,323 $410,200 $90,000 $320,200
2024 $3,132 $386,700 $85,000 $301,700
2023 $2,711 $358,100 $80,000 $278,100
2022 $2,464 $304,200 $75,000 $229,200
2021 $2,337 $288,500 $70,000 $218,500
2020 $2,251 $277,900 $65,000 $212,900
2019 $2,027 $250,300 $55,000 $195,300
2018 $2,027 $250,300 $55,000 $195,300
2017 $1,775 $219,100 $55,000 $164,100
2016 $1,775 $219,100 $55,000 $164,100
2015 $1,775 $219,100 $55,000 $164,100
2014 $1,775 $219,100 $55,000 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1329421

Central Virginia Regional MLS

APN: 8714-65-7028