9072 Edgewater Cir Mechanicsville, VA 23116
Atlee Neighborhood
3
Beds
1.5
Baths
1,736
Sq Ft
0.92
Acres
Highlights
- 0.92 Acre Lot
- Wood Flooring
- 1-Story Property
- Kersey Creek Elementary School Rated A-
- Baseboard Heating
About This Home
As of April 2025INVESTMENT OPPORTUNITY! PRICED BELOW 2024 Assessment! PRE-INSPECTED! Unlock the potential of this classic one-story brick ranch home, perfect for investors looking for their next project or buyers looking for sweat equity! This property features 3 Bedrooms, 1.5 Bathrooms, one-level living and a large private lot of almost an acre. Sold AS-IS. Light rehab with new paint throughout. ARV potential of 400k + or rental value of approximately $2,500/ month. This home offers a solid foundation and a functional layout, making it an excellent candidate for a straightforward rehab. With its prime location and strong market potential, this property is a great opportunity for those looking to maximize returns through renovation and resale or rental. Don’t miss out—schedule a viewing today and explore the possibilities!
Last Agent to Sell the Property
Stefanie Hall
Liz Moore & Associates License #0225221631 Listed on: 09/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,540
Year Built
- Built in 1966
Lot Details
- 0.92 Acre Lot
- Zoning described as R1
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,736 Sq Ft Home
- 1-Story Property
- Wood Flooring
Kitchen
- Oven
- Electric Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Driveway
- Unpaved Parking
Schools
- Kersey Creek Elementary School
- Oak Knoll Middle School
- Hanover High School
Utilities
- No Cooling
- Baseboard Heating
- Well
- Water Heater
- Septic Tank
Community Details
- Forest Lake Hills Subdivision
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 7798-81-5332
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 21, 2025
Sold by
Vertice Properties Llc
Bought by
Mcrae Jean Olstad and Mcrae Scott R
Seller's Agent
Sally Mehany
ICON Realty Group
Buyer's Agent
Mark Goad
The Good Life RVA
List Price
$424,995
Sold Price
$420,000
Premium/Discount to List
-$4,995
-1.18%
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,641
Avg. Annual Appreciation
4.49%
Original Mortgage
$260,000
Outstanding Balance
$259,772
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$164,869
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 23, 2024
Sold by
Holzhauer Robert F
Bought by
Vertice Properties Llc
Seller's Agent
Stefanie Hall
Liz Moore & Associates
Buyer's Agent
Sally Mehany
ICON Realty Group
List Price
$310,000
Sold Price
$260,000
Premium/Discount to List
-$50,000
-16.13%
Views
101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.95%
Original Mortgage
$276,250
Interest Rate
6.2%
Mortgage Type
Construction
Similar Homes in Mechanicsville, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,000 | None Listed On Document | |
| Deed | $420,000 | None Listed On Document | |
| Deed | $260,000 | Old Republic National Title In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | New Conventional | |
| Closed | $260,000 | New Conventional | |
| Previous Owner | $276,250 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $420,000 | -1.2% | $242 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | Off Market | $424,995 | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $424,995 | +63.5% | $245 / Sq Ft |
| 10/24/2024 10/24/24 | Sold | $260,000 | -16.1% | $150 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $310,000 | -- | $179 / Sq Ft |
Source: Chesapeake Bay & Rivers Association of REALTORS®
Tax History Compared to Growth
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 | $2,575 | $317,900 | $85,000 | $232,900 |
| 2024 | $2,540 | $313,600 | $85,000 | $228,600 |
| 2023 | $2,267 | $294,400 | $80,000 | $214,400 |
| 2022 | $2,128 | $262,700 | $75,000 | $187,700 |
| 2021 | $2,034 | $251,100 | $72,000 | $179,100 |
| 2020 | $1,865 | $230,300 | $68,000 | $162,300 |
| 2019 | $1,702 | $230,300 | $68,000 | $162,300 |
| 2018 | $1,702 | $210,100 | $65,000 | $145,100 |
| 2017 | $1,702 | $210,100 | $65,000 | $145,100 |
| 2016 | $1,534 | $189,400 | $60,000 | $129,400 |
| 2015 | $1,534 | $189,400 | $60,000 | $129,400 |
| 2014 | $1,534 | $189,400 | $60,000 | $129,400 |
Source: Public Records
Agents Affiliated with this Home
-
Sally Mehany
Seller's Agent in 2025
Sally Mehany
ICON Realty Group
(804) 248-3181
3 in this area
14 Total Sales
-
Mark Goad
Buyer's Agent in 2025
Mark Goad
The Good Life RVA
(804) 358-3684
5 in this area
107 Total Sales
-
S
Seller's Agent in 2024
Stefanie Hall
Liz Moore & Associates
Map
Source: Chesapeake Bay & Rivers Association of REALTORS®
MLS Number: 2424561
APN: 7798-81-5332
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