NOT LISTED FOR SALE

987 Lake Heritage Dr Ruther Glen, VA 22546

Estimated Value: $309,000 - $316,867

2 Beds
2 Baths
1,008 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $109,900 $109 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,046/month

14 Days on Market

Highlights

  • 5 Boat Docks
  • Water Access
  • 1 Fireplace
  • Home fronts navigable water
  • Boat Ramp
  • 1 Car Attached Garage

About This Home

As of January 2012

This is a Fannie Mae HomePath Property, approved for HomePath Mortgage Financing & HomePath Renovation Mortgage Financing. Purchase this property for as little as 3% down. 3.5% BCC for OO and $1200 to SA ; close by 10/ 31 on this Nice Split Foyer with finished basement. Fireplace in Living Room creates a nice warm feeling for the whole family. Located in a gated lake community with amenities.

Last Agent to Sell the Property

JoAnn Nadeau

(540) 220-6680 joann@timerealestate.net Time Real Estate Inc. License #0225064323 Listed on: 10/22/2011

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Split Foyer
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near a lake
  • Boat Ramp
  • 5 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Community Details

  • Lake Land Or HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 742
  • Assessor Parcel Number 51A7-1-B-742

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,117

Year Built

Built in 2002

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 109.03
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Ramp
  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: LAKE LAND OR
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: LAKE LAND OR
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 123300.00
  • Land Assessed Value: 41000.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: R1

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 16819622
  • Tax Annual Amount: 1117.24
  • Assessor Parcel Number: 51A7-1-B-742
  • Tax Lot: 742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available
  • Federal Flood Zone: N0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Perry Barbara J
Bought by
Perry Barbara J and Perry Robin Darsell
Current Estimated Value
$313,217

Purchase Details

Listed on
Oct 22, 2011
Closed on
Jan 27, 2012
Sold by
Fannie Mae
Bought by
Perry Barbara
Seller's Agent
JoAnn Nadeau
Time Real Estate Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$98,916
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2002
Sold by
Hamlet Homes Corp
Bought by
Bright Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Perry Barbara J -- None Listed On Document
Perry Barbara $109,900 None Available
Bright Christopher S $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Barbara $98,916
Previous Owner Bright Christopher S $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $109,900 0.0% $109 / Sq Ft
11/09/2011 11/09/11 Pending -- -- --
10/25/2011 10/25/11 Price Changed $109,900 0.0% $109 / Sq Ft
10/25/2011 10/25/11 For Sale $109,900 0.0% $109 / Sq Ft
10/22/2011 10/22/11 Off Market $109,900 -- --
Source: Bright 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 $245,707 $319,100 $50,000 $269,100
2024 $1,425 $185,100 $46,000 $139,100
2023 $1,425 $185,100 $46,000 $139,100
2022 $1,425 $185,100 $46,000 $139,100
2021 $1,425 $185,100 $46,000 $139,100
2020 $1,324 $159,500 $30,000 $129,500
2019 $1,324 $159,500 $30,000 $129,500
2018 $1,324 $159,500 $30,000 $129,500
2017 $1,324 $159,500 $30,000 $129,500
2016 $1,183 $157,200 $30,000 $127,200
2015 $1,183 $164,300 $41,000 $123,300
2014 $1,183 $164,300 $41,000 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004623798

Bright MLS

APN: 51A7-1 B-742