See Home Value
Mechanicsville 23111
7232 Loralea Drive
$290,000
House - Off Market

7232 Loralea Drive

Mechanicsville, VA 23111
bedrooms
3 Beds
bathrooms
2 Baths
$329,542
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

LOCATION! LOCATION!  THIS ONE OWNER BRICK RANCH IS LOCATED ON A QUIET DEAD END STREET OFF BELL CREEK IN MECHANICSVILLE.

UPON ENTRY YOUR FORMAL ROOMS ARE ON YOUR LEFT. FOLLOW THRU TO FAMILY ROOM WITH WOOD BURNING FIREPLACE THAT LEADS OUT TO NICE SIZED SUN ROOM WITH NEWER PELLA SLIDERS. KITCHEN OVERLOOKS SIDE YARD. CENTER HALL LEADS TO 2 BEDROOMS THAT SHARE A FULL BATH. DOWN THE HALL IS MASTER WITH PRIVATE BATH. HOME HAS HARDWOOD FLOORS THROUGHOUT COVERED WITH CARPET ( except family room/kitchen) ..OVERSIZED DETACHED GARAGE HAS ROOM ABOVE, GREAT FOR GAME ROOM OR TEEN HANGOUT . TRANE HEAT PUMP INSTALLED 2013, WATER HEATER AND ROOF APPROX 10 YEARS OLD. THIS IS A MUST SEE FOR ANYONE WANTING TO PUT THEIR PERSONAL TOUCH ON AN EXISTING WELL BUILT HOME!!! MINUTES FROM 295, SHOPPING, DINING AND HOSPITAL... GREAT SCHOOLS ...1YEAR HOME WARRANTY INCLUDED ! THIS ONE WON 'T LAST !!
Unit Size
-
Days on Market
47 days
Land Size
0.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1974
Last updated: 15 days ago (CVRMLS #2120270)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold to Larry Edward Acree, Mary Lu... $290,000
Sold to Larry Edward Acree, Mary Lu...
Jun 30, 2021 Listed by 1st Class Real Estate Premier Homes $287,950
Listed by 1st Class Real Estate Premier Homes

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,873
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LORALEA
  • Land Acres: 0.571
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LORALEA LOT 1 BLK B SEC A

Ownership

  • Current Owner : ACREE LARRY EDWARD
  • Current Owner 2: DAVIS MARY LUANNE
  • Previous Owner : FISHER RODNEY
  • Previous Owner 2: FISHER JEFFREY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Hanover County Public Schools
  • Census Tract: 321001

Zoning

  • Zoning: R-1 SINGLE

Geography

  • Account Number: 10164578
  • District: 6
  • Section: A
  • Parcel: 8715-51-3938
  • Block: B
  • Lot: 1
  • Municipality: MECHANICSVILLE
  • Latitude: 37.6218
  • Longitude: -77.3522

    Address

  • Full Address: 7232 Loralea Dr
  • Address - House Number: 7232
  • Address - Street Name: Loralea
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Mechanicsville
  • Carrier Code: C005
  • 4-Digit Zip Code: 3737
  • Zip Code: 23111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,574

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 80
  • Final Value: 330,975
  • High Value: 383,706
  • Low Value: 278,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,325
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $193,325
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $317,800
  • Market Land Value: $75,000
  • Market Improvement Value: $242,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,800
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Transaction ID: 11850767071
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210819000180700

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 19, 2021
  • First Mortgage Loan Amount: $193,325
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$335,000 Mar 31, 2024
-
$135/mo

About Mechanicsville


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Frequently Asked Questions

When was property at 7232 Loralea Drive built and last sold?
The property at 7232 Loralea Drive was built in 1974 and last sold on Aug 13, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 7232 Loralea Drive is $290,830.
What are some comparable homes to 7232 Loralea Drive?
There are currently no comparable homes to 7232 Loralea Drive.

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