NOT LISTED FOR SALE

7721 Marshall Arch Dr Unit 43 Mechanicsville, VA 23111

Estimated Value: $372,742 - $406,000

3 Beds
2.5 Baths
1,781 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $251,000 $141 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,407/month

10 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • High Ceiling
  • Active Adult
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of October 2016

Brand New Active Adult Townhomes,Ready Now, this Ellerson End Unit features 1781 sq ft of living space, 3 bedrooms and 2.5 baths, 2 Car attached garage! A front covered porch leads to a vaulted foyer with Hardwoods, formal dining room with tray ceiling and hardwoods, open kitchen with GRANITE countertops, bar and pantry. Open Family Room, first floor master suite with full bath and walk-in closet, 2nd bedroom with carpet. 3rd bedroom up with full walk in closet and an additional walk in Attic for storage! Community tennis courts, walking trails, all for only $ 107 a month Association fees! Hurry to choose colors and other selections! Overflow parking available on site for RV.Painted White Cabinets,Tile Shower with Semi Frameless Shower Door,Tile Masterbath Floor,Upgraded Hardwood Floor in Kitchen

Last Agent to Sell the Property

Mike Peele

Virginia Capital Realty License #0225103960 Listed on: 08/20/2016

Virginia Capital Realty

Co-Listed By

Tami Crouch

Virginia Capital Realty License #0225057647

Last Buyer's Agent

Sarah Lambert

Fathom Realty Virginia License #0225099991

Fathom Realty Virginia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Sprinkler System

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property
  • High Ceiling

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Home Security

Outdoor Features

  • Gazebo
  • Stoop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 8724-27-4849

Community Details

Overview

  • Active Adult
  • Liberty Trace Subdivision

Recreation

  • Tennis Courts
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,829

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$107 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2016
  • Co List Office Mls Id: RCHM01
  • Co List Office Phone: 804-442-7577
  • Ownership: Corporate
  • Subdivision Name: Liberty Trace
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Townhouse
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, High Ceilings, Main Level Primary
  • Living Area: 1781.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation
  • Other Structures: Gazebo
  • Patio And Porch Features: Stoop
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association, Street Lights, Tennis Court(s), Trails/Paths
  • Senior Community: Yes
  • Amenities: Management
  • Association Fee: 107.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Snow Removal

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Topography: Level
  • Parcel Number: 8724-27-4849
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Lot: 43

MLS Schools

  • Elementary School: Laurel Meadow
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Oct 13, 2016
Sold by
Shurm Construction Inc A Virginia Corpor
Bought by
Ellis Lonnie A
Seller's Agent
Mike Peele
Virginia Capital Realty
Buyer's Agent
Sarah Lambert
Fathom Realty Virginia
List Price
$256,330
Sold Price
$251,000
Premium/Discount to List
-$5,330
-2.08%
Current Estimated Value
$390,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,436
Avg. Annual Appreciation
5.01%
Original Mortgage
$200,800
Outstanding Balance
$160,979
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$229,457

Purchase Details

Closed on
Oct 30, 2015
Sold by
Re2 Llc
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
Ellis Lonnie A $251,000 Old Republic Natl Title Co
Shurm Construction Inc $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Lonnie A $200,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $251,000 -2.1% $141 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $256,330 -- $144 / 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 $2,829 $349,300 $89,300 $260,000
2024 $2,809 $346,800 $89,300 $257,500
2023 $2,469 $320,600 $78,800 $241,800
2022 $2,373 $293,000 $73,500 $219,500
2021 $2,167 $267,500 $68,300 $199,200
2020 $2,167 $267,500 $68,300 $199,200
2019 $2,039 $262,200 $63,000 $199,200
2018 $2,039 $251,700 $63,000 $188,700
2017 $1,704 $210,400 $52,500 $157,900
2016 $425 $52,500 $52,500 $0
2015 $425 $52,500 $52,500 $0
2014 $357 $44,100 $44,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1628557

Central Virginia Regional MLS

APN: 8724-27-4849