$260,000
SOLD OCT 24, 2024

9072 Edgewater Cir Mechanicsville, VA 23116

Atlee Neighborhood
3 Beds
1.5 Baths
1,736 Sq Ft
0.92 Acres

Recently Sold

$150 Per Sq Ft

16% Below List Price

12 Days on Market

Highlights

  • 0.92 Acre Lot
  • Wood Flooring
  • 1-Story Property
  • Kersey Creek Elementary School Rated A-
  • Baseboard Heating

About This Home

As of April 2025

INVESTMENT 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

Liz Moore & Associates

Last Buyer's Agent

Sally Mehany

ICON Realty Group License #0225262092

ICON Realty Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Property Attached Yn: No
  • Lot Size Acres: 0.92
  • Ownership: Partnership
  • Subdivision Name: Forest Lake Hills
  • Architectural Style: Ranch
  • 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: Wood
  • Appliances: Dryer, Electric Cooking, Electric Water Heater, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1736.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Unpaved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 7798-81-5332
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2540.16
  • Tax Lot: 24

MLS Schools

  • Elementary School: Kersey Creek
  • High School: Hanover

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
$424,641

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $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

    Sally Mehany
    Section Image
  • Mark Goad

    Buyer's Agent in 2025

    Mark Goad

    The Good Life RVA

    (804) 358-3684

    5 in this area

    107 Total Sales

    Mark Goad
    Section Image

  • S

    Seller's Agent in 2024

    Stefanie Hall

    Liz Moore & Associates

    Section Image
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2424561

Chesapeake Bay & Rivers Association of REALTORS®

APN: 7798-81-5332

Virginia Hanover County Mechanicsville 23116 Atlee

9072 Edgewater Cir, Mechanicsville, VA

This home is located at 9072 Edgewater Cir, Mechanicsville, VA 23116 and is currently priced at $260,000, approximately $149 per square foot. This property was built in 1966. 9072 Edgewater Cir is a home located in Hanover County with nearby schools including Kersey Creek Elementary School, Oak Knoll Middle School, and Hanover High 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.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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