NOT LISTED FOR SALE

89 Pike St Gum Spring, VA 23065

Estimated Value: $204,143 - $263,000

2 Beds
1 Bath
867 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $250,000 $288 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,390/month

49 Days on Market

Highlights

  • Lake Front
  • Cottage
  • Shed
  • Jouett Elementary School Rated A-
  • Cooling Available
  • Vinyl Flooring

About This Home

As of August 2024

ADORABLE COTTAGE IN THE COUNTRY! Escape from the hustle and bustle to peaceful country living in Louisa County! Ideally located in the middle between Richmond & Charlottesville - the best of both worlds! Completely Renovated featuring Laminate Flooring Throughout, New Kitchen w/White Cabinetry, Granite Countertops, Stainless Appliances, Stylish Lighting & Bar/Breakfast Nook Area. Floorplan is Open & Airy with Cozy Family Room just off Kitchen, Primary Bedroom with Walk-In Closet, Full Hallway Bath and Additional Bedroom in Rear of the House. Large Laundry Room/Utility Room just off Carport w/Built-In Shelving & Pantry Closet. Covered Carport Area as well as 2 Detached Sheds makes for Plenty of Storage! Recently Renovated in 2020 with Vinyl Windows, Vinyl Siding, Newer Roof & Newer HVAC Quaint Lakefront Community featuring 3 Beaches, a Dock & an Abundance of Natural Wildlife. Convenient Location for anyone who commutes between Charlottesville and Richmond - 20 mins to Richmond and 20 mins to Charlottesville - centrally located between the two!

Last Agent to Sell the Property

Jenni Jennings

Real Broker LLC License #0225261914 Listed on: 05/08/2024

Real Broker LLC

Last Buyer's Agent

Rick Grizzell

Premier Properties Realty LLC License #0225053897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1960

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Zoning described as R2

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed

Schools

  • Jouett Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Engineered Septic

Community Details

  • Orchid Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 6, 4, 2
  • Assessor Parcel Number 96A-1-A-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1960

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 0.57
  • Ownership: Individuals
  • Subdivision Name: Orchid Lake Estates
  • Above Grade Finished Sq Ft: 867.0
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 867.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Other Structures: Shed(s)
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Engineered Septic
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 184.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 96A-1-A-6
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 900.83
  • Tax Lot: 6, 4, 2

MLS Schools

  • Elementary School: Jouett
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Apr 13, 2021
Sold by
Infinite Summer Llc
Bought by
Jackson Justine
Seller's Agent
Kristina Jinnett
EXP Realty LLC
Buyer's Agent
Jake Albritton
Keller Williams Realty
List Price
$197,000
Sold Price
$195,000
Premium/Discount to List
-$2,000
-1.02%
Current Estimated Value
$242,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,786
Avg. Annual Appreciation
4.99%
Original Mortgage
$188,491
Outstanding Balance
$170,185
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$72,601

Purchase Details

Closed on
Apr 24, 2020
Sold by
Lloyd Rhonda and Estate Of Gladys Iri Nester
Bought by
Infinite Summer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,800
Interest Rate
3.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jackson Justine $195,000 Fidelity National Ttl Ins Co
Infinite Summer Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Justine $188,491
Previous Owner Infinite Summer Llc $141,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $250,000 0.0% $288 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $249,950 +28.2% $288 / Sq Ft
04/20/2021 04/20/21 Sold $195,000 -1.0% $225 / Sq Ft View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $197,000 -- $227 / 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
2024 $1,045 $145,200 $10,800 $134,400
2023 $901 $131,700 $9,600 $122,100
2022 $837 $116,200 $8,800 $107,400
2021 $493 $74,600 $8,000 $66,600
2020 $575 $79,900 $8,000 $71,900
2019 $580 $80,500 $8,000 $72,500
2018 $493 $80,800 $8,000 $72,800
2017 $0 $76,000 $7,600 $68,400
2016 $0 $73,600 $7,600 $66,000
2015 $493 $73,100 $7,600 $65,500
2013 $482 $70,900 $8,000 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2411757

Central Virginia Regional MLS

APN: 96A-1-A-6