NOT LISTED FOR SALE

1026 Bancroft Ave Colonial Beach, VA 22443

Estimated Value: $294,000 - $358,000

2 Beds
1 Bath
840 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $136,500 $162 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,733/month

18 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Cottage
  • Deck
  • No HOA
  • Screened Patio

About This Home

As of July 2017

A great deal on The Point! Must see 2-bdrm cottage w/ original hardwood floors & knotty pine panels, separate dining room, renovated bathroom & kitchen. Enjoy the outdoors from screened porch w/some water view of Monroe Bay. Large deck, utility shed w/electric & paved parking too. Generator with housing conveys. Golf cart community with beach, fishing pier, boat ramp and much more. No HOA.

Last Agent to Sell the Property

Relda Schick

reldaschick@hotmail.com Coldwell Banker Elite License #0225183147 Listed on: 06/01/2017

Coldwell Banker Elite

Last Buyer's Agent

Mo Wilson

(703) 622-3338 soldmow@gmail.com M.O. Wilson Properties License #0225110098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1955

Lot Details

  • 7,990 Sq Ft Lot
  • Chain Link Fence
  • Property is in very good condition
  • Property is zoned R2

Home Design

  • Cottage
  • Wood Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Shed

Schools

  • Colonial Beach Elementary School
  • Colonial Beach High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 20256

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Dining Area, Entry Level Bedroom, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Wood Walls
  • Entry Location: Living Room
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Price Per Sq Ft: 170.24
  • Above Grade Finished Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH

Lot Info

  • Fencing: Chain Link
  • Lot Size Acres: 0.18
  • Lot Size Area: 7990
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7990.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1425.72
  • Assessor Parcel Number: 20256
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Wobbe Richard J and Wobbe Josephine G
Bought by
Wobbe Richard Oliver
Current Estimated Value
$321,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Outstanding Balance
$93,887
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$227,375

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 18, 2017
Sold by
Beavers Phyllis M
Bought by
Wobbe Richard J and Wobbe Josephine G
Seller's Agent
Relda Schick
Coldwell Banker Elite
Buyer's Agent
Mo Wilson
M.O. Wilson Properties
List Price
$143,000
Sold Price
$136,500
Premium/Discount to List
-$6,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$141,004
Interest Rate
3.89%
Mortgage Type
VA
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
Wobbe Richard Oliver $134,000 Attorney
Wobbe Richard J $136,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wobbe Richard Oliver $107,200
Previous Owner Wobbe Richard J $141,004
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2017 07/20/17 Sold $136,500 -4.5% $163 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $143,000 -- $170 / Sq Ft
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 $648 $154,300 $47,500 $106,800
2024 $648 $154,300 $47,500 $106,800
2023 $617 $154,300 $47,500 $106,800
2022 $617 $154,300 $47,500 $106,800
2021 $605 $130,800 $47,500 $83,300
2020 $615 $130,800 $47,500 $83,300
2018 $523 $130,800 $47,500 $83,300
2017 -- $130,800 $47,500 $83,300
2016 $510 $130,800 $47,500 $83,300
2015 -- $132,600 $47,500 $85,100
2014 -- $0 $0 $0
2013 -- $132,600 $47,500 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000409163

Bright MLS

APN: 3A1-2-24-2