NOT LISTED FOR SALE

7796 Marshall Arch Dr Unit 101 Mechanicsville, VA 23111

Estimated Value: $381,666 - $410,000

3 Beds
3 Baths
1,696 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $242,352 $143 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,394/month

49 Days on Market

Highlights

  • Under Construction
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • Active Adult
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of December 2015

Welcome to Liberty Trace! Beautiful active adult homes! Association fees are only $98/month! This is our PORTER plan, an interior plan that features 1696 Sq feet of living Space, 3 Bedrooms and 3 Full Baths, Large Open Foyer and Formal Dining Room w/Hardwood Floors. Open Kitchen w/GRANITE C-Tops, Bistro Area, 36" Cabinets and Pantry! Open Family Room and Patio and 1 Car Attached Garage too! Master Suite with full Bath and Huge Walk In Closet! 3rd Bedroom up with full bath and walk in closet plus a HUGE Walk In Attic for Storage! Community Tennis Courts, Walking Trails all for only $98 a month Assoc. Fees! Hurry to choose colors and other selections! Overflow parking available on site for RV/Boats.

Last Agent to Sell the Property

Danielle Floyd

ERA Woody Hogg & Assoc License #0225191534 Listed on: 04/28/2015

ERA Woody Hogg & Assoc

Last Buyer's Agent

Pat Hogan

NextHome Advantage License #0225216298

NextHome Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $340

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 3,398

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Home to be built
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Dining Area

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 8724-27-8851

Community Details

Overview

  • Active Adult
  • Liberty Trace Subdivision
  • Maintained Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$340

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$98 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2015
  • 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: To Be Built
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Townhouse
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Stove
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Tray Ceiling(s), Cathedral Ceiling(s), Dining Area, Double Vanity, Bath in Primary Bedroom, Main Level Primary, Multiple Primary Suites, Pantry, Walk-In Closet(s)
  • Living Area: 1696.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Maintained Community, Street Lights, Tennis Court(s), Trails/Paths
  • Senior Community: Yes
  • Association Fee: 98.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Bell Creek Middle

Lot Info

  • Parcel Number: 8724-27-8851
  • Zoning Description: R-4 - RESIDENTIAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 340.2
  • Tax Lot: 101

MLS Schools

  • Elementary School: Laurel Meadow
  • High School: Mechanicsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Dec 2, 2015
Sold by
Shurm Construction Inc A Virginia Corpor
Bought by
Farmer Michael Lee and Farmer Andrea Lee
Seller's Agent
Danielle Floyd
ERA Woody Hogg & Assoc
Buyer's Agent
Pat Hogan
NextHome Advantage
List Price
$234,950
Sold Price
$242,352
Premium/Discount to List
$7,402
3.15%
Current Estimated Value
$391,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,565
Avg. Annual Appreciation
4.97%
Original Mortgage
$250,349
Outstanding Balance
$197,718
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$194,199
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
Farmer Michael Lee $242,352 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Michael Lee $250,349
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2015 12/03/15 Sold $242,352 +3.2% $143 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $234,950 -- $139 / 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 $2,892 $357,000 $85,000 $272,000
2024 $2,850 $351,800 $85,000 $266,800
2023 $2,488 $323,100 $75,000 $248,100
2022 $2,394 $295,500 $70,000 $225,500
2021 $2,228 $275,100 $65,000 $210,100
2020 $2,228 $275,100 $65,000 $210,100
2019 $2,099 $270,100 $60,000 $210,100
2018 $2,099 $259,100 $60,000 $199,100
2017 $1,769 $218,400 $50,000 $168,400
2016 $405 $192,500 $50,000 $142,500
2015 $405 $50,000 $50,000 $0
2014 $340 $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1512011

Central Virginia Regional MLS

APN: 8724-27-8851