NOT LISTED FOR SALE

10550 Madison Dr King George, VA 22485

Estimated Value: $464,000 - $486,566

4 Beds
3.5 Baths
2,766 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $312,000 $113 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,730/month

7 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Colonial Architecture
  • Pier or Dock
  • Lake Privileges
  • Community Lake

About This Home

As of October 2016

Enjoy peace & privacy w/water views from this 4BR classic colonial nestled on an amazing acre. Owners have made many upgrades including fully finished LL w/slate flooring/full bath/exercise & media areas plus rear decks, stamped concrete patio, new upper level HVAC, newer SS kitchen appliances and more. This well-loved home shows like a model & is move-in ready! Lots of home & land for the $$$.

Last Agent to Sell the Property

Daniel Donehey

(540) 538-8005 dan@donehey.com Coldwell Banker Elite License #0225074586 Listed on: 09/12/2016

Coldwell Banker Elite

Last Buyer's Agent

Jeff Robinson

(540) 846-2338 jeffrobinsonhomes@gmail.com RE/MAX Supercenter License #0225194762

RE/MAX Supercenter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 2007

Lot Details

  • 0.98 Acre Lot
  • Stone Retaining Walls
  • Landscaped
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Game Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Rear Basement Entry

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Canoe or Kayak Water Access
  • Non Powered Boats Only
  • Lake Privileges
  • Deck
  • Porch

Schools

  • King George Elementary And Middle School
  • King George High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Gravity Septic Field
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 23A-2-9

Community Details

Overview

  • Presidential Lakes Community
  • Presidential Lakes Subdivision
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Pier or Dock
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,501

Year Built

Built in 2007

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer - Front Loading, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Dining Area, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Study, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2766
  • Living Area Sq Ft: 2766
  • Price Per Sq Ft: 173.48
  • Above Grade Finished Sq Ft: 1844
  • Below Grade Finished Sq Ft: 922
  • Total Below Grade Sq Ft: 922
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Stone Retaining Walls
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access Features: Boat - Non Powered Only, Canoe/Kayak
  • Water Access: No
  • Water Body Name: LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Attached, Gravel Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

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: Gravity Sept Fld, Septic = # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Lake, Picnic Area, Pier/Dock, Pool - Outdoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: KING GEORGE
  • High School: KING GEORGE
  • Middle Or Junior School: KING GEORGE

Lot Info

  • Lot Features: Backs To Trees, Landscaping, Partly Wooded, Trees/Wooded
  • Lot Size Acres: 0.98
  • Lot Size Area: 42776
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42776.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1501.21
  • Assessor Parcel Number: 23A-2-9
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

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
Sep 12, 2016
Closed on
Oct 19, 2016
Sold by
Cooke Tyler C and Cooke Bethanie L
Bought by
Graham Gregg R and Graham Sarah S
Seller's Agent
Daniel Donehey
Coldwell Banker Elite
Buyer's Agent
Jeff Robinson
RE/MAX Supercenter
List Price
$319,900
Sold Price
$312,000
Premium/Discount to List
-$7,900
-2.47%
Current Estimated Value
$471,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,392
Avg. Annual Appreciation
4.68%
Original Mortgage
$294,857
Outstanding Balance
$236,233
Interest Rate
3.44%
Mortgage Type
VA
Estimated Equity
$235,159

Purchase Details

Closed on
Jan 9, 2013
Sold by
Cooker Tyler C
Bought by
Cooke Tyler C

Purchase Details

Closed on
Apr 14, 2008
Sold by
Fannie Mae
Bought by
Cooke Tyler and Cooke,Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Schafer Dale
Bought by
Neff Lynn J
Source: Public Records

Range of Values:

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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
Graham Gregg R $312,000 J T Title & Escrow Llc
Cooke Tyler C -- --
Cooke Tyler $280,000 --
Neff Lynn J $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Gregg R $294,857
Previous Owner Cooke Tyler $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2016 10/19/16 Sold $312,000 -2.5% $113 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $319,900 -- $116 / 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 $2,462 $362,100 $60,000 $302,100
2024 $2,462 $362,100 $60,000 $302,100
2023 $2,462 $362,100 $60,000 $302,100
2022 $2,317 $362,100 $60,000 $302,100
2021 $1,927 $264,000 $51,000 $213,000
2020 $1,848 $264,000 $51,000 $213,000
2019 $1,848 $264,000 $51,000 $213,000
2018 $1,848 $264,000 $51,000 $213,000
2017 $1,723 $246,100 $51,000 $195,100
2016 $1,673 $246,100 $51,000 $195,100
2015 -- $246,100 $51,000 $195,100
2014 -- $246,100 $51,000 $195,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003747359

Bright MLS

APN: 23A-2-9