NOT LISTED FOR SALE

Estimated Value: $164,000 - $646,685

0.07 Acre
$5,045,797 Price per Acre
3,254 Sq Ft Lot

Last Sold February 16, 2023

Last sale price $112,000

Est. 237% increase in value since last sale

Current estimated payment $2,594/month

27 Days on Market

About This Lot

As of February 2023

Rare opportunity to purchase a lot in the heart of Church Hill. Zoned R-63, this one has an incredible array of possibilities including single family or multifamily development. May be able to develop up to 3 units by-right. Walkable to many award-winning cafe's and restaurants, amenities, parks, and coffee shops! Minutes to Downtown, VCU's Medical College, and major highway access! Call with questions!

Last Agent to Sell the Property

David Seibert

Real Broker LLC Brokerage Phone: 804-346-4411 License #0225189389 Listed on: 12/31/2022

Real Broker LLC

Last Buyer's Agent

Vito Bussa

Real Broker LLC License #0225256630

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $780

Year Built

  • 2024

Lot Details

  • 3,254 Sq Ft Lot
  • Zoning described as R-63

Schools

  • Bellevue Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number E000-0429-018

Property Details

Property Type

Land

Est. Annual Taxes

$780

Year Built

2024

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 804-346-4411
  • Lot Size Acres: 0.0747
  • Ownership: Corporate
  • Subdivision Name: None
  • Special Features: None
  • Year Built (Public Record): 2024

Interior Features

  • Basement YN: No

Exterior Features

  • Fencing: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer, None
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0429-018
  • Zoning Description: R-63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 780.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Keel Custom Homes
Bought by
Lepore Robert A and Lepore Lindsay D
Total Days on Market
27
Current Estimated Value
$376,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$431,940
Interest Rate
6.66%
Mortgage Type
Balloon
Estimated Equity
-$55,019

Purchase Details

Listed on
Dec 31, 2022
Closed on
Feb 8, 2023
Sold by
Mazal Tov Development Llc
Bought by
Wbb Homes Llc
Seller's Agent
David Seibert
Real Broker LLC
Buyer's Agent
Vito Bussa
Real Broker LLC
List Price
$150,000
Sold Price
$112,000
Premium/Discount to List
-$38,000
-25.33%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.88%
Source: Public Records

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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
Lepore Robert A $625,000 Old Republic National Title
Wbb Homes Llc $112,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepore Robert A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $112,000 -25.3% --
01/27/2023 01/27/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $150,000 -- --
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 $7,128 $594,000 $100,000 $494,000
2024 $1,080 $90,000 $90,000 $0
2023 $1,080 $90,000 $90,000 $0
2022 $780 $65,000 $65,000 $0
2021 $660 $55,000 $55,000 $0
2020 $1,038 $55,000 $55,000 $0
2019 $1,038 $55,000 $55,000 $0
2018 $1,320 $55,000 $55,000 $0
2017 $480 $40,000 $40,000 $0
2016 $360 $30,000 $30,000 $0
2015 $562 $30,000 $30,000 $0
2014 $562 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2300128

Central Virginia Regional MLS

APN: E000-0429-018