NOT LISTED FOR SALE

Estimated Value: $237,000 - $293,369

1.11 Acres
$236,783 Price per Acre
48,308 Sq Ft Lot

Last Sold November 21, 2023

Last sale price $210,000

Est. 25% increase in value since last sale

Current estimated payment $1,645/month

146 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Lake
  • Community Boat Facilities
  • Waterfront
  • Clubhouse

About This Lot

As of November 2023

WATERFRONT - Imagine coming home to this beautiful lot in Lake Margaret at The Highlands. An ideal area for your new home in the 55+ section of Lake Margaret and best of all, no yard work! The Highlands has so much to offer! You can choose to become a member at The Highlands private golf and social club. The clubhouse features a restaurant, social room and fitness center. Enjoy other amenities such as the community pools, tennis courts, nature trail, and playground. This lot requires an alternative engineered system.This is the only Waterfront Lot left in this section. Schedule a time today to walk this lot.

Last Listed By

Robin Heath

Napier REALTORS ERA License #0225237231 Listed on: 06/02/2023

Napier REALTORS ERA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,712

Lot Details

  • 1.11 Acre Lot
  • Waterfront
  • Wooded Lot
  • Zoning described as R25

HOA Fees

  • $39 Monthly HOA Fees

Schools

  • Ecoff Elementary School
  • Matoaca Middle School
  • Matoaca High School

Utilities

  • Water Not Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 765-64-19-72-400-000

Community Details

Overview

  • Lake Margaret Subdivision
  • Maintained Community
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boat Facilities
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,712

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.109
  • Water Body Name: Lake
  • Ownership: Individuals
  • Subdivision Name: Lake Margaret
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Wooded, Waterfront
  • Pool Features: Community
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Basketball Court, Boat Facilities, Common Grounds/Area, Clubhouse, Fitness, Golf, Home Owners Association, Lake, Maintained Community, Playground, Park, Pond, Pool, Tennis Court(s), Trails/Paths
  • Amenities: Landscaping
  • Association Fee: 465.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Snow Removal, Trash, Water Access

Schools

  • Middle Or Junior School: Matoaca

Lot Info

  • Parcel Number: 765-64-19-72-400-000
  • Zoning Description: R25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1712.0
  • Tax Lot: 49

MLS Schools

  • Elementary School: Ecoff
  • High School: Matoaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Nov 20, 2023
Sold by
Bonner Donald and Bonner Gemmeth
Bought by
Boswell Robert W and Littaua Rebecca A
Seller's Agent
Robin Heath
Napier REALTORS ERA
Buyer's Agent
Rose Pai
Napier REALTORS ERA
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Total Days on Market
146
Views
268
Current Estimated Value
$262,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,592
Avg. Annual Appreciation
30.02%

Purchase Details

Closed on
May 17, 2022
Sold by
Lakewood Investments Llc
Bought by
Bonner Donald and Bonner Germeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,360
Interest Rate
4.72%
Mortgage Type
Construction

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
Boswell Robert W $210,000 First American Title
Bonner Donald $184,200 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonner Donald $147,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $210,000 -4.5% --
10/27/2023 10/27/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $220,000 -- --
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
2024 $1,675 $186,100 $186,100 $0
2023 $1,694 $186,100 $186,100 $0
2022 $1,712 $186,100 $186,100 $0
2021 $1,768 $186,100 $186,100 $0
2020 $1,768 $186,100 $186,100 $0
2019 $1,767 $186,000 $186,000 $0
2018 $1,437 $151,000 $151,000 $0
2017 $1,440 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2313310

Central Virginia Regional MLS

APN: 765-64-19-72-400-000