NOT LISTED FOR SALE

7312 Margel Dr Hanover, VA 23069

Estimated Value: $650,000 - $782,000

6 Acres
$122,054 Price per Acre
261,491 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $200,000

Est. 266% increase in value since last sale

Current estimated payment $4,275/month

15 Days on Market

About This Lot

As of March 2022

6.003 Acres for sale in Hanover County Virginia. Property is all wooded and Located just off Rt 301, 8 miles from interstate 295 and Chamberlayne Road. Property address 7312 Margel Dr Hanover Va 23069, hoa $100/ year. Proffers to be paid at time of house permit is $1259. Parcel # 8719-46-6150 Great school districts and very private.

Last Agent to Sell the Property

David Sweeney

USRealty.com License #0225243285 Listed on: 02/01/2022

Last Buyer's Agent

Adrian Spears

Hometown Realty License #0225066807

Hometown Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $863

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 525x456x515x471
  • Zoning described as AR6

HOA Fees

  • $8 Monthly HOA Fees

Schools

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

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Tank
  • Phone Not Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 8719-46-6150

Property Details

Property Type

Land

Est. Annual Taxes

$863

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 6.003
  • Lot Size: 525X456X515X471
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Electric: None
  • Sewer: Septic Tank
  • Water Source: Well Needed
  • Electricity On Property: No
  • Utilities: Natural Gas Not Available, Phone Not Available

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8719-46-6150
  • Zoning Description: AR6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 863.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 25, 2022
Sold by
Mowles J P
Bought by
Hollins Brandon and Hollins Amanda A
Seller's Agent
David Sweeney
USRealty.com
Buyer's Agent
Adrian Spears
Hometown Realty
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$732,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,692
Avg. Annual Appreciation
40.36%
Original Mortgage
$150,000
Outstanding Balance
$37,469
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$695,223

Purchase Details

Closed on
May 20, 2005
Sold by
The Margel Company L L C
Bought by
Mowles J P
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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Purchase History

Date Buyer Sale Price Title Company
Hollins Brandon $200,000 Old Republic National Title
Hollins Brandon $200,000 Old Republic National Title
Mowles J P $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollins Brandon $150,000
Closed Hollins Brandon $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $200,000 +0.5% --
02/16/2022 02/16/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $199,000 -- --
Source: Central Virginia Regional MLS

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 $5,459 $673,900 $152,500 $521,400
2024 $5,349 $660,400 $145,700 $514,700
2023 $1,009 $131,100 $131,100 $0
2022 $981 $121,100 $121,100 $0
2021 $863 $106,500 $106,500 $0
2020 $863 $106,500 $106,500 $0
2019 $822 $106,500 $106,500 $0
2018 $822 $101,500 $101,500 $0
2017 $822 $101,500 $101,500 $0
2016 $822 $101,500 $101,500 $0
2015 $822 $101,500 $101,500 $0
2014 $822 $101,500 $101,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2202348

Central Virginia Regional MLS

APN: 8719-46-6150