NOT LISTED FOR SALE

Estimated Value: $447,000 - $943,000

4 Beds
2 Baths
2,056 Sq Ft
$390/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $560,000 $272 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,881/month

3 Days on Market

Highlights

  • Barn
  • 42 Acre Lot
  • Double Vanity
  • Stables
  • Front Porch
  • Walk-In Closet

About This Home

As of March 2018

Turn key Equestrian Center on 42 +/- acres in New Kent County with two residences. SHOWN BY APPOINTMENT ONLY. The farm boasts an amazing 30 stall barn with 3 tack rooms, 2 wash/grooming stalls, office, client lounge, half bathroom, feed room, 160 x 275 lighted outdoor arena, 9 large pastures all conveniently located to the barn, fenced and cross fenced with 3 board fencing. There are two homes on the property which makes it a great set up for the owner residence and the farm manager and/or working student residence. The main home is 2056 sq feet with four bedrooms, two full bathrooms, an amazing master suite, two family rooms, large kitchen with island, huge laundry/mud room, large fenced in back yard for all your pets. The second home is 1475 sq ft with 4 bedrooms, 2 full bathrooms, large master suite, great room, kitchen and dining room. This turn key Equestrian Center is ready to start generating income as soon as you close. Conveniently located off of I-64 and only 30 minutes to downtown Richmond, VA, 30 minutes to Williamsburg and 5 minutes from the New Kent Winery. Average full board in the area is $550 a month for an approximate yearly gross income of $198,000.

Last Agent to Sell the Property

Nicole Smith

Open Gate Realty Group License #0225063706 Listed on: 01/03/2018

Last Buyer's Agent

Donna Jennings

Hometown Realty License #0225055330

Hometown Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 2005

Lot Details

  • 42 Acre Lot
  • Cross Fenced
  • Wood Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,056 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • G. W. Watkins Elementary School
  • New Kent Middle School
  • New Kent High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 32 4 5

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,346

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 42.0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Modular/Prefab, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Linoleum
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Kitchen Island, Laminate Counters, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 2056.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Wood, Cross Fenced, Fenced
  • Lot Features: Level, Pasture
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Other, Vinyl Siding
  • Other Structures: Storage, Barn(s), Stable(s)
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Parcel Number: 32 4 5
  • Horse Amenities: Horses Allowed, Stable(s), Tack Room
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3346.0

MLS Schools

  • Elementary School: G. W. Watkins
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 8, 2018
Sold by
Blair Jacquelyn Vial
Bought by
Andraos Tawny and Hirano Dawn
Seller's Agent
Nicole Smith
Open Gate Realty Group
Buyer's Agent
Donna Jennings
Hometown Realty
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Current Estimated Value
$801,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,369
Avg. Annual Appreciation
4.33%
Original Mortgage
$350,000
Outstanding Balance
$302,749
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$458,568
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
Andraos Tawny $560,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andraos Tawny $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $560,000 -10.4% $272 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $625,000 -- $304 / 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 $4,998 $847,200 $369,400 $477,800
2023 $5,032 $751,100 $278,000 $473,100
2022 $5,032 $751,100 $278,000 $473,100
2021 $4,790 $606,300 $248,700 $357,600
2020 $4,790 $606,300 $248,700 $357,600
2019 $4,987 $608,200 $199,400 $408,800
2018 $6,690 $815,900 $263,100 $552,800
2017 $3,346 $403,100 $221,600 $181,500
2016 $3,346 $403,100 $221,600 $181,500
2015 $3,403 $405,100 $200,600 $204,500
2014 -- $405,100 $200,600 $204,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1800592

Central Virginia Regional MLS

APN: 32 4 5