NOT LISTED FOR SALE

7990 Clay Farm Way Mechanicsville, VA 23116

Estimated Value: $925,132 - $962,000

3 Beds
5 Baths
4,000 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $725,000 $181 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,528/month

134 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • High Ceiling
  • Rural Point Elementary School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of April 2021

This home is on a 10+ acre lot, 7 miles to I 295, 1.5 miles to Hanover high school. The owners developed this upscale subdivision and chose this lot for themselves before they started. Complete privacy, surrounded by hardwood trees. This all brick home has incredible craftsmanship . When you enter the 2 story foyer, you will find a dining room, family room with a brick fireplace, custom built desk with book shelves. From the family room you have an entrance into a screened-in porch that connects to a brick patio. Enjoy the spacious eat in kitchen, remodeled in 2018, with all new appliances installed 2019. Upstairs the master bedroom has dual walk-in closets. The master bath has a soaking tub and a separate walk-in tile shower, his and her sinks, and a private water closet. The 2 additional bedrooms share a Jack & Jill bathroom. The Upstairs laundry room has a large storage closet. 1st floor executive office with both an in-house entrance and a separate entrance from the outside, a bath, and 2 large closets. The 3 car detached garage has a separate heat pump. Irrigation and Security Systems. Don’t miss your chance at this great property. Schedule your showing today.

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc License #0225063073 Listed on: 11/01/2020

Last Buyer's Agent

Zachary Fauver

Real Broker LLC License #0225203199

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1998

Lot Details

  • 10.38 Acre Lot
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Sprinkler System
  • Zoning described as A1

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Dry Walled Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Bay Window
  • French Doors
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Soaking Tub

Outdoor Features

  • Patio

Schools

  • Rural Point Elementary School
  • Oak Knoll Middle School
  • Hanover High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 8717-07-4385

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,038

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Property Attached Yn: No
  • Lot Size Acres: 10.379
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Self Cleaning Oven
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Masonry, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Dining Area, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Kitchen Island, Pantry, Soaking Tub, Walk-In Closet(s)
  • Living Area: 4000.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Invisible
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Driveway, Detached, Finished Garage, Garage, Garage Door Opener, Heated Garage, Paved, Storage

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8717-07-4385
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5038.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2020
Closed on
Apr 28, 2021
Sold by
Lynn John Barry
Bought by
Lynn Juanita W and Liesinger Megan R
Seller's Agent
Stephanie Smith
Select Premium Properties Inc
Buyer's Agent
Zachary Fauver
Real Broker LLC
List Price
$799,990
Sold Price
$725,000
Premium/Discount to List
-$74,990
-9.37%
Current Estimated Value
$943,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,033
Avg. Annual Appreciation
6.02%
Original Mortgage
$525,000
Outstanding Balance
$475,037
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$467,996
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lynn Juanita W $725,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Juanita W $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $725,000 -6.5% $181 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $775,000 -3.1% $194 / Sq Ft
11/01/2020 11/01/20 For Sale $799,990 -- $200 / 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 $6,637 $819,400 $197,300 $622,100
2024 $6,637 $819,400 $197,300 $622,100
2023 $5,880 $763,700 $197,300 $566,400
2022 $5,630 $695,100 $176,400 $518,700
2021 $5,038 $622,000 $159,600 $462,400
2020 $5,038 $622,000 $159,600 $462,400
2019 $4,587 $566,300 $146,000 $420,300
2018 $4,587 $566,300 $146,000 $420,300
2017 $4,240 $523,500 $143,100 $380,400
2016 $4,240 $523,500 $143,100 $380,400
2015 $4,240 $523,500 $143,100 $380,400
2014 $4,240 $523,500 $143,100 $380,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2033360

Central Virginia Regional MLS

APN: 8717-07-4385