NOT LISTED FOR SALE

7901 Indian Springs Rd North Chesterfield, VA 23237

Estimated Value: $530,000 - $610,000

4 Beds
2.5 Baths
2,781 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $275,000 $99 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,968/month

98 Days on Market

Highlights

  • Custom Home
  • Wooded Lot
  • Breakfast Area or Nook
  • 2.25 Acre Lot
  • Wood Flooring
  • Workshop

About This Home

As of February 2012

Priced WAY under assessment--ANOTHER PRICE REDUCTION. You would be crazy to let this one go. Are you yearning for land, privacy, & space, but need to live close to Richmond and access commuter routes? Perfect.look no farther. This is your dream home w/2.25 acres! The views are spectacular. Relax or entertain on wrap-around porch. Pursue your hobbies w/a workshop space fit for a pro. Make life easier with a first floor master & living concept. Like what you see, but want a bigger home? There is almost 1,400 square feet on the 2nd floor that is ready to be finished. You won't believe the space & potential for 4000 square ft. This property is centrally located, just 20 minutes from downtown. You get the city, the views, the space, & the privacy.

Last Agent to Sell the Property

Beth Pretty

KW Metro Center License #0225188176 Listed on: 10/21/2011

KW Metro Center

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 1994

Lot Details

  • 2.25 Acre Lot
  • Wooded Lot
  • Zoning described as R7

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Dry Walled Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,781 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Formal Dining Room
  • Workshop
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Wrap Around Porch

Schools

  • Beulah Elementary School
  • Salem Middle School
  • Bird High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Septic Tank

Community Details

  • Reedy Branch Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 781-674-21-94-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Property Attached Yn: No
  • Lot Size Acres: 2.25
  • Ownership: Individuals
  • Subdivision Name: Reedy Branch
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Parquet, Partially Carpeted, Tile, Wood
  • Basement: Full, Partially Finished
  • Appliances: Built-In Oven, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary, Workshop
  • Living Area: 2781.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Wooded
  • Pool Features: None
  • Disclosures: Deed Restriction, Flood Plain Disclosure
  • Construction Type: Brick, Frame, Hardboard
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Driveway, Finished Garage, Garage, Garage Door Opener, Oversized, Paved, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 781-674-21-94-00000
  • Zoning Description: R7

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3136.9
  • Tax Block: 000
  • Tax Lot: 002

MLS Schools

  • Elementary School: Beulah
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Feb 13, 2012
Sold by
Whaley Robert A
Bought by
Toney Garnett
Seller's Agent
Beth Pretty
KW Metro Center
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$349,000
Sold Price
$275,000
Premium/Discount to List
-$74,000
-21.2%
Current Estimated Value
$563,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,364
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Jan 29, 2002
Bought by
Whaley Robert A and Whaley Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2001
Sold by
Wolf Timothy Neil
Bought by
Whaley Robert A and Whaley Barbara S

Purchase Details

Closed on
May 29, 1997
Sold by
Ramey Claude R and Ramey Bonita M
Bought by
Wolf Timothy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
8.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toney Garnett $275,000 --
Whaley Robert A -- --
Whaley Robert A $209,000 --
Wolf Timothy N $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolf Timothy N $20,000
Previous Owner Wolf Timothy N $171,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2012 02/16/12 Sold $275,000 -21.2% $99 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $349,000 -- $125 / 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 $25 $585,400 $69,200 $516,200
2024 $25 $540,400 $69,200 $471,200
2023 $4,479 $492,200 $69,300 $422,900
2022 $3,915 $425,500 $64,400 $361,100
2021 $595 $369,100 $64,400 $304,700
2020 $3,404 $358,300 $64,400 $293,900
2019 $3,274 $344,600 $64,400 $280,200
2018 $3,228 $339,800 $64,400 $275,400
2017 $3,168 $330,000 $64,400 $265,600
2016 $3,101 $323,000 $64,400 $258,600
2015 $3,016 $311,600 $64,400 $247,200
2014 $3,016 $311,600 $64,400 $247,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1128002

Central Virginia Regional MLS

APN: 781-67-42-19-400-000