NOT LISTED FOR SALE

8103 Prospect Ln Hanover, VA 23069

Estimated Value: $1,259,000 - $1,408,334

3 Beds
3 Baths
3,668 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,350,000 $368 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,634/month

21 Days on Market

Highlights

  • Guest House
  • Barn
  • 46.6 Acre Lot
  • Kersey Creek Elementary School Rated A
  • Stables
  • Deck

About This Home

As of September 2024

Dreaming of space, history, and convenience? Then Wilton is the property you've been seeking! Tucked away on Prospect Hill in the historic Hanover Courthouse area, 8103 Prospect Lane welcomes you home with endless possibilities. Built in the 1880's for a Hanover doctor, the current guest house was his practice and the stately Victorian his family's home for generations. Today, this home retains its historic charm and appeal while boasting modern amenities that every buyer in 2024 needs. Entering the home from the grand front porch you will be struck by the original staircase, stained glass, 10' ceilings, and heart pine flooring that runs throughout the home. Off the foyer is a bright front sitting room and office space, showcasing original stained wood details and one of the five beautiful fireplace mantles. Down wide central hall you will find the family room, dining room, full designer bathroom, and the bright sunroom. The grand dining room features a period chandelier and two closets perfect for storing fine China and silverware. Connecting the dining room to the kitchen is a smart Butler's pantry space. The kitchen boasts marble counters and a vintage range as well as modern appliances and a butcher block prep area. The kitchen and main hall lead to the sunroom with rear yard access and back staircase to the second floor sleeping porch and bedrooms. Upstairs are three large bedrooms including the Primary with attached dressing room / nursery and walk in closet. The remaining two bedrooms offer abundant space and light, perfect for guests or family. At the top of the main staircase is the balcony overlooking the front of the property, providing the perfect spot to sip coffee and watch the wildlife. Each floor boasts a huge bathroom, both renovated in 2023 with exquisite features such as a hammered copper soaking tub and designer wallpaper and fixtures. Outside, nearly 47 acres with four stall barn, tack room, pastures, and woodlands await. With endless possibilities, Wilton beckons you home.

Last Agent to Sell the Property

Matt Owens

NextHome Advantage License #0225219446 Listed on: 07/28/2024

NextHome Advantage

Last Buyer's Agent

David Ogle

RE/MAX Commonwealth License #0225057368

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 1880

Lot Details

  • 46.6 Acre Lot
  • Split Rail Fence
  • Partially Fenced Property
  • Wood Fence
  • Zoning described as A1

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 5 Fireplaces
  • Decorative Fireplace
  • Leaded Glass Windows
  • Formal Dining Room
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Unfinished Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Kersey Creek Elementary School
  • Oak Knoll Middle School
  • Hanover High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Well
  • Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • Prospect Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8709-89-6676

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,144

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1880
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 46.596
  • Ownership: Individuals
  • Subdivision Name: Prospect Hill
  • Architectural Style: Farmhouse, Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space, Partial, Unfinished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Softener, Water Purifier, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Decorative
  • Fireplaces: 5
  • Fireplace: Yes
  • Interior Amenities: Butler's Pantry, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Granite Counters, Garden Tub/Roman Tub, High Ceilings, Walk-In Closet(s)
  • Living Area: 3668.0
  • Stories: 2
  • Window Features: Leaded Glass, Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: Fenced, Partial, Split Rail, Wood
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Plaster, Wood Siding
  • Exterior Features: Deck, Lighting, Out Building(s), Storage, Shed
  • Other Structures: Barn(s), Guest House, Outbuilding, Stable(s), Shed(s), Storage
  • Patio And Porch Features: Balcony, Front Porch, Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Storage, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Electric: Generator Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8709-89-6676
  • Horse Amenities: Horses Allowed, Stable(s), Tack Room
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6144.4

MLS Schools

  • Elementary School: Kersey Creek
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Sep 16, 2024
Sold by
Sargent Austin C and Sargent Sara
Bought by
Cotten Farms Llc
Seller's Agent
Matt Owens
NextHome Advantage
Buyer's Agent
David Ogle
RE/MAX Commonwealth
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Views
30
Current Estimated Value
$1,315,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,889
Avg. Annual Appreciation
-2.04%
Original Mortgage
$1,080,000
Outstanding Balance
$1,067,906
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$247,205

Purchase Details

Listed on
Sep 16, 2021
Closed on
Dec 22, 2021
Sold by
Branch Joan S
Bought by
Sargent Austin C and Sargent Sara
Seller's Agent
Jennie Dotts
Long & Foster REALTORS
Buyer's Agent
Tommy Sibiga
Hometown Realty
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%
Original Mortgage
$915,000
Interest Rate
3.11%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2019
Sold by
Chenault L Mccauley and Chenault Victoria R
Bought by
Branch William F and Branch Joan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2000
Sold by
Hanafee Gwendolyn
Bought by
Chenault L Mccauley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Cotten Farms Llc $1,350,000 Fidelity National Title
Sargent Austin C $915,000 Title Resources Guaranty Co
Sargent Austin C $915,000 None Listed On Document
Branch William F $710,500 Attorney
Chenault L Mccauley $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotten Farms Llc $1,080,000
Previous Owner Sargent Austin C $915,000
Previous Owner Branch William F $568,400
Previous Owner Chenault L Mccauley $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $1,350,000 -3.5% $368 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $1,399,000 +52.9% $381 / Sq Ft
01/03/2022 01/03/22 Sold $915,000 0.0% $289 / Sq Ft View Prior Sale
10/10/2021 10/10/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $915,000 -- $289 / 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 $9,096 $1,123,000 $505,800 $617,200
2024 $8,723 $1,076,900 $505,800 $571,100
2023 $5,569 $1,004,400 $453,500 $550,900
2022 $4,821 $861,600 $419,900 $441,700
2021 $3,630 $678,100 $382,800 $295,300
2020 $5,493 $678,100 $382,800 $295,300
2019 $3,259 $670,500 $389,300 $281,200
2018 $3,259 $622,900 $379,100 $243,800
2017 $3,236 $622,900 $379,100 $243,800
2016 $3,012 $587,400 $362,900 $224,500
2015 $3,012 $587,400 $362,900 $224,500
2014 $3,008 $587,400 $362,900 $224,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2419730

Central Virginia Regional MLS

APN: 8709-89-6676