NOT LISTED FOR SALE

7606 Cypress Dr Lanexa, VA 23089

Estimated Value: $23,000 - $518,185

0.47 Acre
$541,497 Price per Acre
20,255 Sq Ft Lot

Last Sold May 16, 2023

Last sale price $20,000

Est. 1,179% increase in value since last sale

Current estimated payment $1,356/month

38 Days on Market

About This Lot

As of May 2023

Motivated seller to consider all reasonable offers. Lovely street in Cypress Point to build your home. Unimproved .47 acre LOT is wooded and level. Neighboring homes have fencing which is beneficial to this property. No survey or soil studies. Well & Alternative Septic required. Paved road frontage. Buyer to verify available utilities and if there are any development fees.

COMMUNITY ASSOCIATION is not mandatory but it does offer members access to deep water river access to Diascund Creek, a picnic area, a boat ramp, and a dock. About $135 one-time membership fee, and a $35 yearly fee if you choose to be a member.

Last Agent to Sell the Property

Tia Stanley

RE/MAX Capital License #0225210305 Listed on: 03/27/2023

RE/MAX Capital

Last Buyer's Agent

Tia Stanley

RE/MAX Capital License #0225210305 Listed on: 03/27/2023

RE/MAX Capital

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $215

Lot Details

  • 0.47 Acre Lot
  • Wooded Lot

Schools

  • J Blaine Blayton Elementary School
  • Warhill High School

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 19-1-10-0-0005

Community Details

Overview

  • $135 Additional Association Fee
  • Cypress Point Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$215

Lot Details

0

Listing Details

  • Restrictions: Easement, Zoning Restrictions
  • Zoning: A1
  • Property Type: Lots/Land
  • Possible Use: Single Family
  • County Or City: James City Co.
  • Lot: 5
  • Parcel Number: 19-1-10-0-0005
  • Telecommunication: No Service
  • Acres: 0.4650
  • Additional Fee 2: 35.00
  • Additional Fee Description 2: Yearly Fee Member Only Optional
  • Attribution Contact: (757) 564-1557
  • Directions: FORGE ROAD TO CYPRESS DR PARCEL ON RIGHT
  • FILLSUBDIVISION: Cypress Point
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Post Office: Lanexa

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: Septic Needed
  • Water: None

Condo/Co-op/Association

  • Additional Fee: 135.00
  • Additional Fee Description: Initial Fee Member Only Optional
  • Fee Description: Community Association

Schools

  • Elementary School: J Blaine Blayton
  • High School: Warhill
  • Middle School: Toano

Lot Info

  • Lot Description: Buildable, Unimproved, Wooded

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 215.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Williams Onna Lisa and Williams Onna Pillow
Bought by
West Katherine M and West Austin J
Current Estimated Value
$255,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$444,180
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$192,384

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 12, 2023
Sold by
Cornelius William F
Bought by
Ehlert Warren and Ehlert Esther
Seller's Agent
Tia Stanley
RE/MAX Capital
Buyer's Agent
Tia Stanley
RE/MAX Capital
List Price
$28,000
Sold Price
$20,000
Premium/Discount to List
-$8,000
-28.57%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.22%
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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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
West Katherine M $500,000 First American Title
Ehlert Warren $20,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Katherine M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $20,000 -28.6% --
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $28,000 0.0% --
04/26/2023 04/26/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $28,000 -44.6% --
04/10/2023 04/10/23 For Sale $50,500 0.0% --
03/29/2023 03/29/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $50,500 -- --
Source: Williamsburg Multiple Listing Service

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 $215 $19,300 $19,300 $0
2023 $215 $25,900 $25,900 $0
2022 $215 $25,900 $25,900 $0
2021 $218 $25,900 $25,900 $0
2020 $218 $25,900 $25,900 $0
2019 $197 $23,500 $23,500 $0
2018 $197 $23,500 $23,500 $0
2017 $197 $23,500 $23,500 $0
2016 $197 $23,500 $23,500 $0
2015 -- $23,500 $23,500 $0
2014 -- $23,500 $23,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2300816

Williamsburg Multiple Listing Service

APN: 19-1-10-0-0005