NOT LISTED FOR SALE

7401 Washington Arch Dr Mechanicsville, VA 23111

Estimated Value: $352,766 - $362,000

3 Beds
2.5 Baths
1,848 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $320,000 $173 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,308/month

Highlights

  • High Ceiling
  • Tennis Courts
  • Central Air
  • Laurel Meadow Elementary School Rated A-
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of May 2023

Welcome to Liberty Trace! This adorable end unit townhome is located in the heart of it all! This home boasts an open floor plan throughout the main level with luxury vinyl plank flooring and a large family room area and breakfast nook. The kitchen has plenty of counter space including a bar area for extra seating. Upstairs you will find an enormous primary suite with large walk in closet, and primary bathroom with a soaking tub and shower. Two more spacious bedrooms and another full bath complete the upstairs. Close to all kinds of shopping and dining, you won't want to miss out on this beautiful home!

Last Agent to Sell the Property

Jennifer Bell

NextHome Advantage License #0225207416 Listed on: 03/24/2023

NextHome Advantage

Last Buyer's Agent

Jen Orth

Fiv Realty Co License #0225240761

Fiv Realty Co

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 2013

Lot Details

  • 3,528 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 8724-28-1025

Community Details

Overview

  • Liberty Trace Subdivision

Recreation

  • Tennis Courts

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,076

Year Built

Built in 2013

Lot Details

0

HOA Fees

$144 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2013
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.081
  • Ownership: Individuals
  • Subdivision Name: Liberty Trace
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), High Ceilings
  • Living Area: 1848.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Association Fee: 143.55
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Snow Removal, Trash

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Parcel Number: 8724-28-1025
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2076.0
  • Tax Lot: 193

MLS Schools

  • Elementary School: Laurel Meadow
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 1, 2023
Sold by
Ruddy Shirley E
Bought by
Rhone William L and Rhone Gretchen M
Seller's Agent
Jennifer Bell
NextHome Advantage
Buyer's Agent
Jen Orth
Fiv Realty Co
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Views
2
Current Estimated Value
$356,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,942
Avg. Annual Appreciation
3.82%
Original Mortgage
$309,320
Outstanding Balance
$301,094
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$47,984

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 7, 2022
Sold by
Dover Megan N
Bought by
Ruddy Shirley E
Seller's Agent
Shawn Dover
Dalton Realty
Buyer's Agent
Jennifer Bell
NextHome Advantage
List Price
$305,000
Sold Price
$305,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Sep 8, 2018
Closed on
Oct 15, 2018
Sold by
Roberts Gregory and Roberts Melissa
Bought by
Dover Megan N
Seller's Agent
Stuart Hubbard
Exit First Realty
Buyer's Agent
Shawn Dover
Dalton Realty
List Price
$234,950
Sold Price
$230,000
Premium/Discount to List
-$4,950
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$223,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 17, 2017
Sold by
Knight Ryan O and Knight Kimberly M
Bought by
Roberts Gregory and Roberts Melissa
Seller's Agent
Heather Valentine
Valentine Properties
Buyer's Agent
Stuart Hubbard
Exit First Realty
List Price
$219,950
Sold Price
$215,000
Premium/Discount to List
-$4,950
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$215,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 6, 2013
Sold by
Royal Dominion Homes Inc
Bought by
Knight Ryan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,449
Interest Rate
4.35%
Mortgage Type
FHA
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
Rhone William L $320,000 Fidelity National Title
Ruddy Shirley E $305,000 Old Republic National Title
Dover Megan N $230,000 Attorney
Roberts Gregory $220,000 Attorney
Knight Ryan O $189,890 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhone William L $309,320
Previous Owner Dover Megan N $220,000
Previous Owner Dover Megan N $223,100
Previous Owner Roberts Gregory $215,000
Previous Owner Knight Ryan O $186,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $320,000 -2.7% $173 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $329,000 +7.9% $178 / Sq Ft
09/23/2022 09/23/22 Sold $305,000 0.0% $165 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $305,000 +32.6% $165 / Sq Ft
10/25/2018 10/25/18 Sold $230,000 -2.1% $124 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $234,950 +9.3% $127 / Sq Ft
04/25/2017 04/25/17 Sold $215,000 -2.3% $116 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $219,950 -- $119 / 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 $2,626 $324,200 $89,300 $234,900
2024 $2,505 $309,200 $78,800 $230,400
2023 $2,276 $281,000 $68,300 $212,700
2022 $2,076 $256,300 $63,000 $193,300
2021 $1,887 $233,000 $57,800 $175,200
2020 $1,887 $233,000 $57,800 $175,200
2019 $1,770 $227,700 $52,500 $175,200
2018 $1,770 $218,500 $52,500 $166,000
2017 $1,593 $196,700 $52,500 $144,200
2016 $1,593 $196,700 $52,500 $144,200
2015 $1,593 $196,700 $52,500 $144,200
2014 $924 $114,100 $44,100 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2306705

Central Virginia Regional MLS

APN: 8724-28-1025