NOT LISTED FOR SALE

8488 Gibbs Ln Henrico, VA 23231

Varina Neighborhood

Estimated Value: $79,631

6.13 Acres
$12,990 Price per Acre
267,023 Sq Ft Lot

Last Sold August 21, 2017

Last sale price $41,500

Est. 92% increase in value since last sale

Current estimated payment $474/month

107 Days on Market

Highlights

  • 6.13 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of August 2017

Two parcels sold together with a total of 6.13 acres.

Last Agent to Sell the Property

Kenneth Roberts

Penterra Properties, Inc License #0225108489 Listed on: 04/03/2017

Last Buyer's Agent

Rob Young

First Choice Realty License #0225070593

First Choice Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $433

Lot Details

  • 6.13 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Flag Lot
  • Wooded Lot
  • Zoning described as A-1

Schools

  • Mehfoud Elementary School
  • Rolfe Middle School
  • Varina High School

Utilities

  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 818-683-5403 & 818-682-2484

Property Details

Property Type

Land

Est. Annual Taxes

$433

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 6.13
  • Road Frontage Type: County Road
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable, Flag Lot, Level, Wooded
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Cable Available, Natural Gas Not Available, Phone Available, Electricity Available

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 818-683-5403 & 818-682-2484
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 433.26

MLS Schools

  • Elementary School: Mehfoud
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2019
Sold by
Young Robert S
Bought by
Bishop Jason F and Bishop Brighid M
Current Estimated Value
$79,631

Purchase Details

Listed on
Apr 3, 2017
Closed on
Aug 10, 2017
Sold by
Cooper Cheryl B
Bought by
Young Robert S
Seller's Agent
Kenneth Roberts
Penterra Properties, Inc
Buyer's Agent
Rob Young
First Choice Realty
List Price
$49,000
Sold Price
$41,500
Premium/Discount to List
-$7,500
-15.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
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
Bishop Jason F $52,000 Attorney
Young Robert S $41,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $41,500 -15.3% --
07/19/2017 07/19/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $49,000 -- --
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 $480 $54,800 $54,800 $0
2024 $480 $52,800 $52,800 $0
2023 $449 $52,800 $52,800 $0
2022 $403 $49,800 $49,800 $0
2021 $433 $49,800 $49,800 $0
2020 $433 $49,800 $49,800 $0
2019 $433 $49,800 $49,800 $0
2018 $433 $49,800 $49,800 $0
2017 $433 $49,800 $49,800 $0
2016 $433 $49,800 $49,800 $0
2015 $433 $49,800 $49,800 $0
2014 $433 $49,800 $49,800 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kenneth Roberts

    Penterra Properties, Inc

    Section Image
  • Rob Young

    Buyer's Agent in 2017

    Rob Young

    First Choice Realty

    (804) 306-1451

    1 Total Sale

    Rob Young
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1711328

Central Virginia Regional MLS

APN: 818-683-5403

Virginia Henrico County Henrico 23231 Varina

8488 Gibbs Ln, Henrico, VA

This home is located at 8488 Gibbs Ln, Henrico, VA 23231 since 03 April 2017 and is currently estimated at $79,631. 8488 Gibbs Ln is a home located in Henrico County with nearby schools including Mehfoud Elementary School, Varina Elementary, and John Rolfe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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