NOT LISTED FOR SALE

8029 Cabernet Way Mechanicsville, VA 23116

Estimated Value: $725,000 - $813,000

5 Beds
3.5 Baths
3,270 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $700,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,791/month

98 Days on Market

Highlights

  • Under Construction
  • Outdoor Pool
  • High Ceiling
  • Rural Point Elementary School Rated A
  • Craftsman Architecture
  • Beamed Ceilings

About This Home

As of September 2024

*TO BE BUILT HOME* Located in the heart of Hanover County, the Stags Leap community offers maintenance-free living including lawn service, irrigation maintenance, and trash removal. The Berkshire II with Craftsman elevation—a captivating two-story home meticulously crafted for modern living with 5 bedrooms and 3.5 baths, featuring a 2-car garage. Upon entering, you're greeted by a welcoming foyer leading to a spacious family room seamlessly connected to the kitchen and sunroom, fostering an inviting atmosphere for gatherings. The family room has a gas fireplace and stained beams, adding warmth and character to the space. The gourmet kitchen with a nook area boasts a large island and pantry, featuring a convenient pass-through to the formal dining space, perfect for effortless entertaining. Adjacent to the foyer, discover an elegant dining room and versatile study, offering flexible options for formal or casual living. Tucked behind the kitchen lies a guest bedroom complete with a full bathroom, ensuring privacy and comfort for visitors. Plus, enjoy outdoor living on the treated deck, measuring 10x18. Upstairs, the Primary Suite awaits, accompanied by three additional bedrooms, a hall bath, and a convenient laundry area—all conveniently situated off the loft space, ideal for relaxation. Embrace the harmonious blend of functionality and style in the Berkshire II home. Note: Home is under construction, photos are not of the actual home. The estimated completion date is September 2024!

Last Agent to Sell the Property

Stephanie Harding

Providence Hill Real Estate License #0225230579 Listed on: 04/26/2024

Co-Listed By

Nikki Axman

Providence Hill Real Estate License #0225230209

Last Buyer's Agent

Marcie Mazursky

Coldwell Banker Elite License #0225051031

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.35 Acre Lot
  • Zoning described as RS

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Home to be built
  • Craftsman Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 8707-81-7606

Community Details

Overview

  • Stags Leap Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,812

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Property Attached Yn: No
  • Lot Size Acres: 0.348
  • Co List Office Mls Id: BNFO01
  • Co List Office Phone: (804) 822-3220
  • Ownership: Corporate
  • Subdivision Name: Stags Leap
  • Architectural Style: Craftsman, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Range, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, High Ceilings
  • Living Area: 3270.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • 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, Pool
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Trash

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8707-81-7606
  • Zoning Description: RS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Lot: 35

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Sep 16, 2024
Sold by
Clayton Properties Group Inc
Bought by
Schantz Jason E and Schantz Deanna R
Seller's Agent
Stephanie Harding
Providence Hill Real Estate
Buyer's Agent
Marcie Mazursky
Coldwell Banker Elite
List Price
$786,410
Sold Price
$700,000
Premium/Discount to List
-$86,410
-10.99%
Views
64
Current Estimated Value
$773,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,411
Avg. Annual Appreciation
9.58%
Original Mortgage
$569,800
Outstanding Balance
$563,419
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$209,992
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
Schantz Jason E $700,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schantz Jason E $569,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $700,000 -1.4% $214 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $709,950 -9.7% $217 / Sq Ft
04/26/2024 04/26/24 For Sale $786,410 -- $240 / 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 $5,812 $717,500 $160,000 $557,500
2024 $1,296 $160,000 $160,000 $0
2023 $1,215 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2410557

Central Virginia Regional MLS

APN: 8707-81-7606