NOT LISTED FOR SALE

8236 Shady Grove Rd Mechanicsville, VA 23111

6.61 Acres
-- Price per Acre
287,932 Sq Ft Lot

Last Sold February 28, 2024

Last sale price $1,150,000

1,342 Days on Market

Highlights

  • 6.61 Acre Lot
  • Garage
  • Level Lot
  • Chickahominy Middle School Rated A

About This Lot

As of February 2024

Presenting 6.61 Acres in Hanover County with development potential located at the intersection of Meadowbridge Road rt 627 and Shady Grove road rt 640 and backing Interstate 2-95. This collection of lots with 2 brick homes consists of 3 parcels-- 8236 Shady grove .76 acres zoned B-3 with Garage/ Office building- as Stubbs Auto--- 8232 Shady Grove road 4.9 acres at A1, and 8228 Shady Grove Road .95 acres A-1 zoning. This Busy Highly Visible, Accessible corner located just off interstate 2-95 has great potential to go along with the nearby growing Development and Businesses. Great opportunity to have a .76 acre business in a high traffic area with A-1 5.85 acreage behind it with 2 brick homes that can be updated

Last Agent to Sell the Property

Chip Underwood

RE/MAX Commonwealth License #0225091754 Listed on: 06/21/2019

RE/MAX Commonwealth

Co-Listed By

Larry Zacharias

RE/MAX Commonwealth License #0225064452

Last Buyer's Agent

Grayson Johnson

Hometown Realty License #0225052871

Hometown Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,216

Lot Details

  • 6.61 Acre Lot
  • Property fronts a county road
  • Northeast Facing Home
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as COMMERCIAL/INDUSTRIAL,Multi Family

Parking

  • Garage

Schools

  • Mechanicsville Elementary School
  • Chickahominy Middle School
  • Atlee High School

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 8705-84-2275,8705-84-6144,8705-84-9046

Property Details

Property Type

Land

Est. Annual Taxes

$5,216

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 6.61
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: RMXC02
  • Co List Office Phone: 804-360-5200
  • Ownership: Individuals
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Retail, Service Business, Subdivision
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Level, Split Possible
  • Waterfront Features: Other
  • Waterfront: No
  • Disclosures: Other, Use Variance
  • Direction Faces: Northeast
  • Other Structures: Garage(s)

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Phone Available, Electricity Available

Schools

  • Middle Or Junior School: Chickahominy

Lot Info

  • Parcel Number: 8705-84-2275,8705-84-6144,8705-84-9046
  • Zoning Description: COMMERCIAL/INDUSTRIAL,Multi Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5216.0

MLS Schools

  • Elementary School: Mechanicsville
  • High School: Atlee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Feb 22, 2024
Sold by
Fleming Rose S and Stubbs Ronald A
Bought by
Mile Branch Investments Llc
Seller's Agent
Chip Underwood
RE/MAX Commonwealth
Buyer's Agent
Grayson Johnson
Hometown Realty
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,250
Interest Rate
8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mile Branch Investments Llc $1,150,000 Old Republic National Title
Mile Branch Investments Llc $1,150,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mile Branch Investments Llc $991,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $1,150,000 -4.2% --
02/22/2023 02/22/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $1,200,000 +4.3% --
05/13/2021 05/13/21 Off Market $1,150,000 -- --
01/13/2021 01/13/21 Pending -- -- --
01/13/2020 01/13/20 Pending -- -- --
06/21/2019 06/21/19 For Sale $1,200,000 -- --
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 $2,829 $349,200 $251,900 $97,300
2024 $2,716 $335,300 $242,900 $92,400
2023 $2,582 $335,300 $242,900 $92,400
2022 $2,543 $314,000 $242,900 $71,100
2021 $2,543 $314,000 $242,900 $71,100
2020 $2,304 $284,500 $217,200 $67,300
2019 $2,304 $284,500 $217,200 $67,300
2018 $2,304 $284,500 $217,200 $67,300
2017 $1,950 $240,800 $177,100 $63,700
2016 $1,950 $240,800 $177,100 $63,700
2015 $1,950 $240,800 $177,100 $63,700
2014 $1,950 $240,800 $177,100 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1920819

Central Virginia Regional MLS

APN: 8705-84-2275