NOT LISTED FOR SALE

8253 Franklin Ln Mechanicsville, VA 23111

Estimated Value: $348,321 - $372,000

3 Beds
2 Baths
1,456 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $242,500 $167 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,109/month

6 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • 3 Car Garage
  • Chickahominy Middle School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of June 2016

LOCATION ?(check).... PRICE ?(check).... FULLY RENOVATED and LOOKING FANTASTIC ?(check).. Yes - this is the one that you have been waiting for ! Fully Renovated Brick Ranch on just shy of 1/2 Acre ! Offering 3 BRs, 2 Full Baths -UPDATED with New Tile Flooring, Vanities and Lighting, Beautifully Refinished Hardwood Floors, FRESHLY PAINTED THROUGHOUT !, Formal Living Room, Spacious Family Room with Stone Fireplace, Formal Dining Room Off Fully Updated Kitchen ~ offering New Custom Made Cabinets, Granite Countertops, Stainless Steel Appliances, New Hot Water Heater, and New Lighting and Fixtures Throughout! Approx. 1,460 Square Feet. Exterior features include a Huge 3 Car Oversized Detached Garage with Office and separate electrical 100 Amp Service, Landscaped Yard including a Charming Koi Pond with it's own waterfall in the front yard, and a carport extending from a double width driveway. This home is located close to All schools; Washington Henry, Chickahominy and Atlee High, and also conveniently located to the Hospital, Shopping, and Interstate. Quality Renovation throughout ..... A MUST SEE. MORE PICTURES TO FOLLOW..... : )

Last Agent to Sell the Property

Lisa Overton

Oakstone Properties License #0225146537 Listed on: 05/18/2016

Last Buyer's Agent

James Strum

Long & Foster REALTORS License #0225175558

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Zoning described as R1

Parking

  • 3 Car Garage
  • Carport
  • Workshop in Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outbuilding
  • Side Porch
  • Stoop

Schools

  • Washington Henry Elementary School
  • Chickahominy Middle School
  • Atlee High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Carneal Farms Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 8705-51-1159

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Property Attached Yn: No
  • Lot Size Acres: 0.42
  • Ownership: Individuals,Other
  • Subdivision Name: Carneal Farms
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 1456.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Cleared, Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Block, Drywall
  • Exterior Features: Lighting, Out Building(s)
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Side Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Covered, Carport, Direct Access, Detached, Garage, Oversized, Two Spaces, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Chickahominy

Lot Info

  • Parcel Number: 8705-51-1159
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1410.0
  • Tax Lot: 29

MLS Schools

  • Elementary School: Washington Henry
  • High School: Atlee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 14, 2016
Sold by
Slaven Sandy and Edwards Garland
Bought by
Lucas Robert L and Lucas Cynthia L
Seller's Agent
Lisa Overton
Oakstone Properties
Buyer's Agent
James Strum
Long & Foster REALTORS
List Price
$234,900
Sold Price
$242,500
Premium/Discount to List
$7,600
3.24%
Current Estimated Value
$358,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,080
Avg. Annual Appreciation
4.29%
Original Mortgage
$194,000
Outstanding Balance
$154,402
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$204,178

Purchase Details

Listed on
May 18, 2016
Closed on
May 2, 2016
Sold by
Christiana Trust A Division Of Wilmingto
Bought by
Slaven Sandy and Edwards Garland
Seller's Agent
Lisa Overton
Oakstone Properties
Buyer's Agent
James Strum
Long & Foster REALTORS
List Price
$234,900
Sold Price
$242,500
Premium/Discount to List
$7,600
3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$154,402
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$204,178

Purchase Details

Closed on
Mar 20, 2015
Sold by
Owens Personal Representative Dennis P and Terry A Wilson Estate
Bought by
Christiana Trust As Trustee and Stanwich Mtg Loan Trust Series

Purchase Details

Closed on
Jun 21, 2011
Sold by
Samuel I White Pc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 18, 2008
Sold by
Rri L Lc
Bought by
Owens Dennis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lucas Robert L $242,500 Attorney
Slaven Sandy $158,675 None Available
Christiana Trust As Trustee $243,052 --
Federal Home Loan Mortgage Corporation $195,000 --
Owens Dennis P $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Robert L $194,000
Previous Owner Owens Dennis P $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2016 06/20/16 Sold $242,500 +3.2% $167 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $234,900 +48.0% $161 / Sq Ft
05/10/2016 05/10/16 Sold $158,675 +5.9% $109 / Sq Ft View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $149,900 -- $103 / 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 $2,556 $315,600 $85,000 $230,600
2024 $2,462 $304,000 $80,000 $224,000
2023 $2,188 $284,200 $75,000 $209,200
2022 $2,302 $284,200 $75,000 $209,200
2021 $2,141 $264,300 $70,000 $194,300
2020 $1,977 $244,100 $65,000 $179,100
2019 $1,734 $244,100 $65,000 $179,100
2018 $1,734 $214,100 $55,000 $159,100
2017 $1,734 $214,100 $55,000 $159,100
2016 $1,410 $197,200 $55,000 $142,200
2015 $1,410 $174,100 $52,000 $122,100
2014 -- $174,100 $52,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1616882

Central Virginia Regional MLS

APN: 8705-51-1159