NOT LISTED FOR SALE

8131 Granite Springs Rd Spotsylvania, VA 22551

Margo Neighborhood

Estimated Value: $270,000 - $526,000

3 Beds
1 Bath
1,890 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 17, 2012

Last sale price $81,000 $43 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $2,197/month

121 Days on Market

Highlights

  • 5 Acre Lot
  • Farmhouse Style Home
  • Country Kitchen
  • Deck
  • No HOA
  • Porch

About This Home

As of September 2012

Price Reduction!! Freddie Mac Presents this 3 bed 1 bath Farm House on 10 acres ready for your dream upgrades to make this your new home.Sit on country front porch or rear deck. Home was built approx in 1905.

Last Agent to Sell the Property

Melissa Stewart

(540) 809-4547 melissastewarthomes@gmail.com Coldwell Banker Elite License #0225076067 Listed on: 04/07/2012

Coldwell Banker Elite

Co-Listed By

Lynne Harris

(540) 907-0048 lharris@coldwellbankerelite.com Coldwell Banker Elite License #0225093107

Last Buyer's Agent

Lizzie Helmig

(703) 459-7667 lizzie@metrohouserealestate.com Metro House License #0225199685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1905

Lot Details

  • 5 Acre Lot
  • Property is in below average condition
  • Property is zoned A3

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • Property has 2 Levels
  • Fireplace Mantel
  • Living Room
  • Dining Room

Kitchen

  • Country Kitchen
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Screened Patio
  • Storage Shed
  • Porch

Utilities

  • Wall Furnace
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Woolfolk Estate Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 41-10-7-

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1905
  • Building Winterized: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: Kitchen - Country, Dining Area
  • Fireplace Features: Mantel(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1890
  • Living Area Sq Ft: 1890
  • Price Per Sq Ft: 44.92
  • Above Grade Finished Sq Ft: 1890
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 61800.00
  • Land Assessed Value: 47500.00
  • Lot Size Acres: 5.00
  • Lot Size Area: 217800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Below Average
  • Zoning: A3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16876519
  • Tax Annual Amount: 939.98
  • Assessor Parcel Number: 41-10-7-
  • Tax Lot: 7
  • Tax Page Number: 640
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Rivera Abelardo
Bought by
Miller Michael Clarence and Miller Vanessa
Current Estimated Value
$394,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$209,230
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$185,397

Purchase Details

Listed on
Apr 7, 2012
Closed on
Aug 24, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rivera Abelardo
Seller's Agent
Melissa Stewart
Coldwell Banker Elite
Buyer's Agent
Lizzie Helmig
Metro House
List Price
$84,900
Sold Price
$81,000
Premium/Discount to List
-$3,900
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Dec 9, 2011
Sold by
White Subtr Samuel I and Watkins Raymond F
Bought by
Federal Home Loan Mortgage Corporation and Bank Of America Na

Purchase Details

Closed on
Mar 31, 1998
Sold by
Southeastern Timber Co
Bought by
Watkins Raymond F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.98%
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
Miller Michael Clarence $305,000 Attorney
Rivera Abelardo $81,000 --
Federal Home Loan Mortgage Corporation $131,641 --
Watkins Raymond F $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Michael Clarence $305,000
Previous Owner Watkins Raymond F $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2012 09/17/12 Sold $81,000 -4.6% $43 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $84,900 0.0% $45 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
05/10/2012 05/10/12 Price Changed $84,900 -19.1% $45 / Sq Ft
04/07/2012 04/07/12 For Sale $104,900 -- $56 / Sq Ft
Source: Bright 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 $1,431 $194,900 $72,000 $122,900
2024 $1,431 $194,900 $72,000 $122,900
2023 $1,196 $155,000 $58,000 $97,000
2022 $1,143 $155,000 $58,000 $97,000
2021 $1,125 $139,000 $51,000 $88,000
2020 $1,125 $139,000 $51,000 $88,000
2019 $1,102 $130,100 $47,500 $82,600
2018 $1,084 $130,100 $47,500 $82,600
2017 $1,040 $122,400 $47,500 $74,900
2016 $1,040 $122,400 $47,500 $74,900
2015 -- $123,600 $51,000 $72,600
2014 -- $123,600 $51,000 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003931390

Bright MLS

APN: 41-10-7