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Charles City
7001 Courthouse Road
$350,000
● House - Off Market

7001 Courthouse Road

Providence Forge, VA 23140
bedrooms
3 Beds
bathrooms
2 Baths
$1,828
Est. Monthly
6.83%
Cap Rate

About This Property

Very Nice Remodeled Rancher on 1 Acre of Land offers 1987 square feet of living space.  All New Luxury Vinyl Plank Flooring, New Kitchen Cabinets and Butcher Block Countertops, New Lighting, Fresh Paint, 2 Completely Updated Full Baths (1 in Primary Bath), a Large Family Room  and Living Room both with Brick Wood Burning Fireplace, Dining Room, Laundry Room, Primary Bedroom offers a Wood Burning Brick Fireplace, Remodeled Bath, Sliding Door with Access to Rear Fenced Yard, New Roof, Fenced in Rear Yard, Fresh Gravel Driveway and plenty of Space to Add a Garage.  All Appliances Convey, Property Extends Past the Fenced yard.  See Survey in Photos.
Unit Size
-
Days on Market
130 days
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2407215)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
May 30, 2024 Price Decreased $350,000
↓ $20K (5.4%)
Price Decreased
May 9, 2024 Price Decreased $370,000
↓ $15K (3.9%)
Price Decreased
Mar 21, 2024 Listed by Long & Foster REALTORS $385,000
Listed by Long & Foster REALTORS
Mar 30, 2023 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • Legal Description 1: COLLINS RUN-PARCEL A PS#455 IN#06-1233,13-168 IN#13-769,14-232

Neighborhood

  • School District Name: Charles City County Public Schools
  • Census Tract: 600200

Geography

  • Account Number: 7366
  • Parcel: 28 11A
  • Municipality: TYLER
  • Latitude: 37.3928
  • Longitude: -77.0524

    Address

  • Full Address: 7001 Courthouse Rd
  • Address - House Number: 7001
  • Address - Street Name: Courthouse
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Providence Forge
  • Carrier Code: R002
  • 4-Digit Zip Code: 2650
  • Zip Code: 23140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $173,382
  • Tax Rate Code Area: TYLER

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 243,562
  • High Value: 311,153
  • Low Value: 175,972

    Market Valuation

  • Market Total Value: $197,800
  • Market Land Value: $21,800
  • Market Improvement Value: $176,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,800
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $176,000

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Mar 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 212
  • Previous Sale Recording Date: Oct 13, 2022
  • Previous Sale Contract Date: Oct 12, 2022
  • Previous Sale Amount: $155,661
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Charles City

Stats & Trends

Median Asking:

$314,900

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

34

Average Home Size

1945 ft²

Average Home Age

47.3 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Jena Simpson, Long & Foster REALTORS
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2407215
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 7001 Courthouse Road built and last sold?
The property at 7001 Courthouse Road was built in 2007 and last sold on Mar 14, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 7001 Courthouse Road is $0.
What are some comparable homes to 7001 Courthouse Road?
There are currently no comparable homes to 7001 Courthouse Road.
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