NOT LISTED FOR SALE

10516 Madison Dr King George, VA 22485

Estimated Value: $470,000 - $537,000

4 Beds
3 Baths
2,232 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $325,000 $146 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,990/month

Highlights

  • 125 Feet of Waterfront
  • Open Floorplan
  • Wood Flooring
  • Water Oriented
  • Colonial Architecture
  • Whirlpool Bathtub

About This Home

As of January 2018

LAKE FRONT COTTAGE in Presidential Lakes is now available. This custom built home is full of charm and detail including, Hardwood Floors, Coffered Ceiling, 2 Sided Gas Fireplace, Screened Porch, Spacious Kitchen, 3 Full Baths, Office/In-law Room, Full Basement with Bath Rough-in, Tray Ceiling Master Suite with Whirlpool tub and Glass enclosed shower, wired for b'up generator. Welcome Home!

Last Agent to Sell the Property

Corey Green

(540) 907-0505 corey@greenandco.us Green & Company License #0225190834 Listed on: 12/01/2017

Last Buyer's Agent

Jon Snow

(540) 809-2298 jon@jonsnow.com United Real Estate Premier

United Real Estate Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2006

Lot Details

  • 0.48 Acre Lot
  • 125 Feet of Waterfront
  • Property is in very good condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Den
  • Workshop
  • Wood Flooring
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Rough-In Basement Bathroom

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms
  • Septic Tank

Community Details

  • Built by HALLMARK CUSTOM HOMES
  • Presidential Lakes Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 23A-2-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Whirlpool/Hottub, Wood Floors, Floor Plan - Open
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Study, Workshop
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Rough Bath Plumb, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3338
  • Living Area Sq Ft: 2232
  • Price Per Sq Ft: 145.61
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Sq Ft: 1106
  • Total Below Grade Sq Ft: 1106
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Shingle
  • View: Water
  • View: Yes
  • Water Access: No
  • Water Body Name: LAKE MADISON
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br, Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 236600.00
  • Land Assessed Value: 51000.00
  • Lot Size Acres: 0.48
  • Lot Size Area: 21083
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21083.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R-1

Green Features

  • R Factor Basement: 19

Building Info

  • Builder Name: HALLMARK CUSTOM HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16268073
  • Tax Annual Amount: 1955.68
  • Assessor Parcel Number: 23A-2-8
  • Tax Lot: 8
  • Tax Page Number: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 10, 2018
Sold by
Hartman John R and Hartman Angela I
Bought by
Richmond Mark E and Richmond Joanne Lee
Seller's Agent
Corey Green
Green & Company
Buyer's Agent
Jon Snow
United Real Estate Premier
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$513,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,203
Avg. Annual Appreciation
6.03%
Original Mortgage
$325,000
Outstanding Balance
$273,981
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$239,222

Purchase Details

Closed on
May 5, 2006
Sold by
Green Corey J
Bought by
Hartman John R and Jacobs,Angela I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Richmond Mark E $325,000 Loyalty Title Inc
Hartman John R $504,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Mark E $325,000
Previous Owner Hartman John R $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $325,000 0.0% $146 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $325,000 -- $146 / 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 $2,919 $429,300 $80,000 $349,300
2024 $2,919 $429,300 $80,000 $349,300
2023 $2,919 $429,300 $80,000 $349,300
2022 $2,748 $429,300 $80,000 $349,300
2021 $2,231 $305,600 $51,000 $254,600
2020 $2,139 $300,400 $51,000 $249,400
2019 $2,139 $305,600 $51,000 $254,600
2018 $2,103 $300,400 $51,000 $249,400
2017 $2,013 $287,600 $51,000 $236,600
2016 $1,956 $287,600 $51,000 $236,600
2015 -- $287,600 $51,000 $236,600
2014 -- $287,600 $51,000 $236,600
Source: Public Records

Agents Affiliated with this Home

  • Corey Green

    Seller's Agent in 2018

    Corey Green

    Green & Company

    (540) 907-0505

    7 in this area

    78 Total Sales

    Corey Green
    Section Image
  • Jon Snow

    Buyer's Agent in 2018

    Jon Snow

    United Real Estate Premier

    (540) 809-2298

    10 in this area

    125 Total Sales

    Jon Snow
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004256097

Bright MLS

APN: 23A-2-8

Virginia King George County King George 22485

10516 Madison Dr, King George, VA

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