NOT LISTED FOR SALE

Estimated Value: $290,000 - $359,000

1 Bed
1 Bath
658 Sq Ft
$505/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $110,000 $167 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,988/month

16 Days on Market

Highlights

  • Cottage
  • Heat Pump System
  • 1-Story Property
  • Central Air

About This Home

As of September 2021

Online Auction - List Price is Opening Bid & Subject to Change - 10% Buyer's Premium Added to Highest Bid - Please Submit All Pre-Auction Offers Through Online Portal - Chesterfield Residential Renovation/Redevelopment Opportunity - 1 BR / 1 BA Single Family Home – 1 AC Lot Near Pocahontas State Park & Lake Chesdin – 9 Miles from Colonial Heights, 10 Miles from Petersburg, 13 Miles from Chester & 25 Miles from Richmond
Lot Currently Has 1 BR / 1 BA Single Family Home Totaling 658 SF & Small Shed - Average Sale Price within 1 Mile Radius for 3 BR / 2 BA House: $215,000 - Current Potential Monthly Rental Income: $800-$900 - Potential Monthly Rental Income After Renovation/New Construction: $1,300 - Lot Dimensions: 150’ x 316’ x 313’ x 111’

Last Agent to Sell the Property

Tim Dudley

Dudley Resources License #0225224467 Listed on: 07/12/2021

Last Buyer's Agent

Diana Lemus

Real Broker LLC License #0225103836

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 658 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Ettrick Elementary School
  • Matoaca Middle School
  • Matoaca High School

Utilities

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

Community Details

  • Matoaca Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 758-63-00-42-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Ownership: Individuals
  • Subdivision Name: Matoaca
  • Architectural Style: Bungalow, Cottage
  • 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

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 658.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Matoaca

Lot Info

  • Parcel Number: 758-63-00-42-000-000
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 679.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Ettrick
  • High School: Matoaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Fmg Investments Llc
Bought by
Choctaw American Insurance Inc
Current Estimated Value
$332,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 19, 2021
Sold by
Eritek Investments Llc
Bought by
Fmg Investments Llc
Seller's Agent
Tim Dudley
Dudley Resources
Buyer's Agent
Diana Lemus
Real Broker LLC
List Price
$50,000
Sold Price
$110,000
Premium/Discount to List
$60,000
120%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.33%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2021
Sold by
Dabney Dwight Maurice
Bought by
Eritek Investments Llc
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 Buyer Sale Price Title Company
Choctaw American Insurance Inc $300,000 None Listed On Document
Fmg Investments Llc $100,000 First American Title
Eritek Investments Llc $60,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Choctaw American Insurance Inc $3,000
Open Choctaw American Insurance Inc $294,566
Previous Owner Fmg Investments Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $110,000 +120.0% $167 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $50,000 -- $76 / 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 $2,621 $291,700 $63,000 $228,700
2024 $2,621 $284,000 $60,000 $224,000
2023 $827 $90,900 $58,000 $32,900
2022 $752 $81,700 $56,000 $25,700
2021 $738 $75,000 $53,000 $22,000
2020 $703 $74,000 $53,000 $21,000
2019 $679 $71,500 $51,000 $20,500
2018 $673 $68,900 $49,000 $19,900
2017 $667 $66,900 $47,000 $19,900
2016 $633 $65,900 $47,000 $18,900
2015 $619 $64,500 $46,000 $18,500
2014 $614 $64,000 $46,000 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2121257

Central Virginia Regional MLS

APN: 758-63-00-42-000-000