NOT LISTED FOR SALE

7312 Arbor Crest Ct Hanover, VA 23116

Estimated Value: $757,000 - $920,000

4 Beds
3.5 Baths
3,152 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $762,082 $242 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,054/month

35 Days on Market

Highlights

  • Under Construction
  • Craftsman Architecture
  • Main Floor Bedroom
  • Rural Point Elementary School Rated A
  • Wood Flooring
  • Loft

About This Home

As of February 2023

Home to be built. Other floorplans and lots available. Meet The Grove- the first floor primary floor plan. A grand entryway and gallery space makes way to the flex space, large kitchen and open family room. The primary bedroom leaves little to be desired with a large bathroom, oversized closet space and private entry. The 2 additional first floor bedrooms offer a new take on the classic Jack-and-Jill style layout with maximum privacy from the main living areas. Upstairs you'll find a 4th bedroom, and a large open loft area for an additional living area.
Pictures and description may not reflect actual home built.

Last Agent to Sell the Property

Jill Matthews

Realty Richmond License #0225209443 Listed on: 04/07/2022

Last Buyer's Agent

Robbie Tyler

ERA Woody Hogg & Assoc License #0225096821

ERA Woody Hogg & Assoc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.49 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Home to be built
  • Craftsman Architecture
  • Frame Construction
  • Composition Roof
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Loft
  • Crawl Space

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Rural Point Elementary School
  • Oak Knoll Middle School
  • Hanover High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Engineered Septic

Community Details

  • Arboridge Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 8717-52-1675

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 1.486
  • Ownership: Corporate
  • Subdivision Name: Arboridge
  • Architectural Style: Craftsman, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Granite Counters, High Ceilings, Kitchen Island, Loft, Pantry
  • Living Area: 3152.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Asphalt, Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Patio, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Faces Rear

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • Sewer: Engineered Septic
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8717-52-1675
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1015.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Feb 10, 2023
Sold by
Shurm Construction Inc
Bought by
Pitts John C and Pitts Jyotika V
Seller's Agent
Jill Matthews
Realty Richmond
Buyer's Agent
Robbie Tyler
ERA Woody Hogg & Assoc
List Price
$689,950
Sold Price
$762,082
Premium/Discount to List
$72,132
10.45%
Views
65
Current Estimated Value
$854,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,919
Avg. Annual Appreciation
4.43%
Original Mortgage
$250,000
Outstanding Balance
$242,156
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$611,845

Purchase Details

Closed on
Dec 15, 2021
Sold by
Rdev Corporation
Bought by
Shurm Construction Inc
Source: Public Records

Range of Values:

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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
Pitts John C $762,082 Old Republic National Title
Pitts John C $762,082 Old Republic National Title
Pitts John C $762,082 Old Republic National Title
Shurm Construction Inc $1,300,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts John C $250,000
Closed Pitts John C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $762,082 +5.5% $242 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $722,060 +4.7% $229 / Sq Ft
04/07/2022 04/07/22 For Sale $689,950 -- $219 / 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 $5,813 $717,700 $151,800 $565,900
2024 $5,813 $717,700 $151,800 $565,900
2023 $3,035 $394,100 $150,200 $243,900
2022 $1,082 $133,600 $133,600 $0
2021 $1,015 $125,300 $125,300 $0
2020 $1,015 $125,300 $125,300 $0
2019 $720 $88,900 $88,900 $0
2018 $720 $88,900 $88,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2209048

Central Virginia Regional MLS

APN: 8717-62-1675