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2642 New Timber Way, Powhatan, VA, 23139

3beds
2baths
2,168sqft
$480,000
$221price/sqft
$3,021/moest. monthly cost
$120,840/yrincome needed

About This Home

Subject to Auction. The seller may accept an offer to pruchase prior to the scheduled auction at the current asking price. Welcome to 2642 New Timber Way, Powhatan, VA 23139 — a 2,168 sq. ft. home situated on 10 private acres. All information is believed to be accurate but not guaranteed; buyer to verify and perform all due diligence. This is an occupied property. No interior access is permitted at any time. Do NOT approach or disturb the occupant. The property is being offered through an online auction event and will be sold as-is, sight-unseen. Seller will not provide access, inspections, or vacancy at closing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
5/10
Powhatan Jr. High SchoolGrades 6-87.9 mi
6/10
Powhatan High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1991

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 2,168

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total interior livable area: 2,168 sqft

Other

  • Level: Second

Property

Details

  • Parcel number: 02964
  • Zoning description: A-1
  • Special condition: Real Estate Owned

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 10 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Lightning
Strong Wind
Earthquake
Heat Wave
Inland Flooding
Ice Storm
Tornado
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,427$29,124
Home Insurance *$134$1,608
Property Taxes $252$3,024
Electricity $208$2,505
Total$3,021$36,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,577/yr
40% on housing$90,630/yr
45% on housing$80,560/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 23139$255
Powhatan County$257

vs Homes Sold Last Month

Median $/sqft

ZIP 23139$251
Powhatan County$258

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

No price history available

Unknown Listed By

AgentMike McCarthy
BrokerageMetro DMV Realty

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