$35,000
SOLD JUL 25, 2013
0.56 Acre
$62,500 Price per Acre
24,394 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

42% Below List Price

351 Days on Market

About This Lot

As of May 2014

Established Subdivision with Custom Built Homes. Build now or later. Great opportunity for an owner looking to custom build or a builder. Terrific 1/2 acre lot with protected area in rear.

Last Agent to Sell the Property

Dara J Friedlander

NextHome Partners Realty License #0225101161 Listed on: 07/06/2012

NextHome Partners Realty

Last Buyer's Agent

Lyndsay Jones

Real Broker LLC License #0225187478

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 0.56 Acre Lot
  • Cul-De-Sac
  • Zoning described as R12

HOA Fees

  • $27 Monthly HOA Fees

Schools

  • Spring Run Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Water Not Available

Community Details

  • The Woods At Summerford Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 726-659-15-89-00000

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.56
  • Ownership: Individuals
  • Subdivision Name: The Woods At Summerford
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Cul-De-Sac

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 726-659-15-89-00000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 669.75
  • Tax Block: 0
  • Tax Lot: 002

MLS Schools

  • Elementary School: Spring Run
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
May 16, 2014
Sold by
Jhi Land Holdings Llc
Bought by
Varney Leonard J
Seller's Agent
Lyndsay Jones
Real Broker LLC
Buyer's Agent
Kevin Williamson
KW Metro Center
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$574,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,366
Avg. Annual Appreciation
4.76%
Original Mortgage
$343,561
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 6, 2012
Closed on
Jul 25, 2013
Sold by
Flores Julio
Bought by
Jhi Holdings Llc
Seller's Agent
Dara J Friedlander
NextHome Partners Realty
Buyer's Agent
Lyndsay Jones
Real Broker LLC
List Price
$60,000
Sold Price
$35,000
Premium/Discount to List
-$25,000
-41.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1449.99%
Original Mortgage
$226,152
Interest Rate
3.97%
Mortgage Type
Construction
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $349,900 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 New Conventional
Open $327,200 Stand Alone Refi Refinance Of Original Loan
Closed $327,000 New Conventional
Closed $344,392 FHA
Closed $343,561 FHA
Previous Owner $226,152 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $349,900 0.0% $112 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $349,900 +899.7% $112 / Sq Ft
07/25/2013 07/25/13 Sold $35,000 -41.7% $11 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
07/03/2012 07/03/12 For Sale $60,000 -- $19 / 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
2025 $5,000 $559,000 $87,000 $472,000
2024 $5,000 $536,200 $83,000 $453,200
2023 $4,381 $481,400 $83,000 $398,400
2022 $4,030 $438,000 $79,000 $359,000
2021 $3,811 $394,200 $77,000 $317,200
2020 $3,745 $394,200 $77,000 $317,200
2019 $3,585 $377,400 $75,000 $302,400
2018 $3,555 $374,200 $74,000 $300,200
2017 $3,603 $375,300 $74,000 $301,300
2016 $3,471 $361,600 $72,000 $289,600
2015 $3,324 $343,600 $72,000 $271,600
2014 $1,896 $197,500 $70,000 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1217291

Central Virginia Regional MLS

APN: 726-65-91-58-900-000