NOT LISTED FOR SALE

8051 Parks Rd West Point, VA 23181

Estimated Value: $175,000 - $302,000

3 Beds
1 Bath
1,178 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $53,000 $45 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,278/month

25 Days on Market

Highlights

  • Hot Water Heating System
  • Partially Carpeted
  • 1-Story Property

About This Home

As of October 2016

Investor's dream. Roomy house with hardwood floors, 3 bedrooms, great yard and great possibilities. 5 minutes to Highway 64, great location in West Point. HUD home sold "AS IS"

Last Agent to Sell the Property

Evie Wilton

Long & Foster Real Estate License #0225178101 Listed on: 08/11/2016

Long & Foster Real Estate

Last Buyer's Agent

Joshua Lawson

Thrift Realty, LLC License #0225107957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1946

Lot Details

  • 0.5 Acre Lot
  • Zoning described as R1

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • West Point Elementary And Middle School
  • West Point High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 7
  • Assessor Parcel Number 28A1-1-7

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1946
  • Property Attached Yn: No
  • Lot Size Acres: 0.5
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Laminate, Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1178.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Hot Water, Oil
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: West Point

Lot Info

  • Parcel Number: 28A1-1-7
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 951.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: West Point
  • High School: West Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Oct 26, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Villa Jose Velazquez
Seller's Agent
Evie Wilton
Long & Foster Real Estate
Buyer's Agent
Joshua Lawson
Thrift Realty, LLC
List Price
$53,000
Sold Price
$53,000
Total Days on Market
25
Current Estimated Value
$215,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,467
Avg. Annual Appreciation
16.98%
Original Mortgage
$49,820
Outstanding Balance
$40,627
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$165,775

Purchase Details

Closed on
Jun 17, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Apr 11, 2016
Sold by
Alg Trustee Llc Substitute Trustee A Vir and Callis Donald
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 1, 2008
Sold by
Worley Heir At Law Gayle A and Anerton Lorena L
Bought by
Callis Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,696
Interest Rate
6.47%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Villa Jose Velazquez $53,000 Lawyers Title/Mid Peninsula
Secretary Of Housing And Urban Developme $94,300 Attorney
Wells Fargo Bank Na $94,300 None Available
Callis Donald $159,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Jose Velazquez $49,820
Previous Owner Callis Donald $158,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $53,000 0.0% $45 / Sq Ft
10/19/2016 10/19/16 Off Market $53,000 -- --
09/05/2016 09/05/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $53,000 -- $45 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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
2024 $997 $168,900 $53,000 $115,900
2023 $1,014 $151,400 $47,900 $103,500
2022 $1,014 $151,400 $47,900 $103,500
2021 $1,076 $136,200 $40,300 $95,900
2020 $1,076 $136,200 $40,300 $95,900
2019 $1,080 $131,700 $33,500 $98,200
2018 $1,080 $131,700 $33,500 $98,200
2017 $1,039 $125,900 $30,100 $95,800
2016 $1,039 $125,200 $30,100 $95,100
2015 $951 $113,200 $27,200 $86,000
2014 -- $113,200 $27,200 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1627177

Chesapeake Bay & Rivers Association of REALTORS®

APN: 28A1 1 7