NOT LISTED FOR SALE

1114 Bancroft Ave Colonial Beach, VA 22443

Estimated Value: $364,000 - $391,000

2 Beds
2 Baths
1,000 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $305,000 $305 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,047/month

10 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • No HOA
  • Gourmet Kitchen
  • Wood Burning Stove
  • Breakfast Area or Nook

About This Home

As of August 2022

BEAUTIFULLY REMODELED BUNGALOW ONLY A TWO BLOCK WALK TO THE BEACH ON THE POTOMAC RIVER! TWO BEDROOMS & TWO FULL BATHROOMS WITH SO MANY UPGRADES. LVP FLOORING THROUGHOUT THE HOME TIES IN WELL WITH A BRIGHT KITCHEN WITH WHITE QUARTZ COUNTERS, WHITE SHAKER STYLE CABINETRY, STAINLESS STEEL APPLIANCES & EXQUISITE PENDANT LIGHT FIXTURES. WHILE THIS HOME MAY HAVE THE APPEAL OF UPDATED FEATURES THAT INCLUDE NEWER ROOF, CARPET & WINDOWS, THE ORIGINAL AND WELL CARED FOR WOOD PANELING MAINTAINS THE NATURAL INTEGRITY OF THE 60’S VIBE AS DOES THE WOOD STOVE. THE SPACIOUS PRIMARY BEDROOM HAS A WALK IN CLOSET AND A BEACHY STYLE HIGH WAINES COATING. SEPARATE LAUNDRY ROOM AS WELL AS A SCREENED IN BACK PORCH. THIS AREA HAS GROWN SO MUCH AND IS NOW BUSTLING WITH ACTION PLUS IT’S GOLF CART FRIENDLY! THIS HOME IS IN THE SOUTHERN SECTION OF THE POINT CLOSE TO THE MARINA AND RESTAURANTS SO CALL YOUR AGENT RIGHT NOW SO YOU CAN LIVE LIKE YOU’RE ON VACATION! AVAILABLE TO VIEW ON SATURDAY JULY 9 WITH AN OPEN HOUSE THAT DAY FROM 12-3PM!

Last Agent to Sell the Property

Pete Tucker

(434) 996-2018 petewtucker@gmail.com Belcher Real Estate, LLC. Listed on: 07/09/2022

Last Buyer's Agent

Debby Straughan

(540) 903-7999 dstraughan@coldwellbankerelite.com Coldwell Banker Elite License #0225093826

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Chain Link Fence
  • Front Yard
  • Property is in very good condition

Home Design

  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Water Oriented
  • River Nearby

Schools

  • Colonial Beach Elementary School
  • Colonial Beach High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3A1 2 19 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-09
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Bar, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Stove - Wood
  • Window Features: Vinyl Clad
  • Fireplace Features: Insert, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 299.90
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Central, Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • 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 Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link
  • Improvement Assessed Value: 78400.00
  • Land Assessed Value: 47500.00
  • Lot Features: Front Yard
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.20
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19759492
  • Tax Annual Amount: 1661.00
  • Assessor Parcel Number: 3A1 2 19 3
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 19, 2022
Sold by
Phillips Austin J
Bought by
Benton Richard and Benton Janice I
Seller's Agent
Pete Tucker
Belcher Real Estate, LLC.
Buyer's Agent
Debby Straughan
Coldwell Banker Elite
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$377,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,019
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jul 24, 2020
Sold by
Phillips Lonnie L and Phillips Linda H
Bought by
Phillips Austin J and Phillips Brandon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,350
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
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
Benton Richard $305,000 Mason Law Firm Plc
Phillips Austin J $213,000 Lawyers Title/Westmoreland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Austin J $202,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $305,000 +1.7% $305 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $299,900 -- $300 / 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
2024 $746 $177,500 $47,500 $130,000
2023 $710 $177,500 $47,500 $130,000
2022 $710 $177,500 $47,500 $130,000
2021 $696 $150,300 $47,500 $102,800
2020 $706 $150,300 $47,500 $102,800
2018 $504 $125,900 $47,500 $78,400
2017 -- $125,900 $47,500 $78,400
2016 $491 $125,900 $47,500 $78,400
2015 -- $135,700 $47,500 $88,200
2014 -- $0 $0 $0
2013 -- $135,700 $47,500 $88,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2002650

Bright MLS

APN: 3A1-2-19-3