116 Monroe St Locust Grove, VA 22508
2
Beds
1.5
Baths
1,026
Sq Ft
1973
Built
Highlights
- Rambler Architecture
- Community Pool
- Dining Room
- 1 Fireplace
- Central Air
- Family Room
About This Home
As of June 2025Investors!! This property has been a successful rental for the last several years. Was leased at 1,800 per month 2 years ago. Could lease for more now! Needs some cosmetic TLC Lots of potential Roof 10 years Hvac 9 Years FIREPLACE being Sold AS Is Seller never used and has No knowledge of working order
Welcome to this adorable 2-bedroom, 2 -bath vintage-style cottage nestled in the sought-after, amenity-rich Lake of the Woods community! This cozy and character-filled home offers a warm and inviting atmosphere perfect for full-time living or a weekend retreat.
Enjoy a bright, open layout with two generously sized bedrooms, two full baths, and charming cottage details throughout. Step outside to embrace everything this vibrant gated community has to offer—boating, swimming, canoeing, golf, a full gym, pickleball courts, playgrounds, and two sparkling pools.
Conveniently located near the back gate for easy access to Walmart, Route 20, and local shops and dining, this gem offers the perfect balance of peaceful living and modern convenience. Don't miss your chance to own a piece of paradise in Lake of the Woods!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $973
Year Built
- Built in 1973
Lot Details
- Property is zoned R3
HOA Fees
- $173 Monthly HOA Fees
Parking
- Driveway
Home Design
- Rambler Architecture
- Vinyl Siding
Interior Spaces
- 1,026 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Family Room
- Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1680
- Assessor Parcel Number 012A0000501680
Community Details
Overview
- Lake Of The Woods Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Jun 23, 2025
Sold by
Quinn David R and Quinn Misty
Bought by
Beery Richard Lee and Kennedy Michelle
Seller's Agent
Kathleen Thompson
Samson Properties
Buyer's Agent
John Flowers
Ascendancy Realty LLC
List Price
$272,000
Sold Price
$245,000
Premium/Discount to List
-$27,000
-9.93%
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.49%
Purchase Details
Listed on
Mar 1, 2013
Closed on
Jun 4, 2013
Sold by
House Carrie D and Townsley Elizabeth N
Bought by
Quinn David R and Quinn Misty
Seller's Agent
Beth Ross
Weichert, REALTORS
Buyer's Agent
Don Robertson
CENTURY 21 New Millennium
List Price
$105,000
Sold Price
$93,000
Premium/Discount to List
-$12,000
-11.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$83,700
Interest Rate
3.43%
Mortgage Type
New Conventional
Similar Homes in Locust Grove, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Old Republic National Title | |
| Deed | $93,000 | Title Solutions Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $245,000 | -6.8% | $239 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $263,000 | -3.3% | $256 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $272,000 | +192.5% | $265 / Sq Ft |
| 06/04/2013 06/04/13 | Sold | $93,000 | -11.4% | $91 / Sq Ft |
| 04/19/2013 04/19/13 | Pending | -- | -- | -- |
| 03/14/2013 03/14/13 | For Sale | $105,000 | 0.0% | $102 / Sq Ft |
| 03/05/2013 03/05/13 | Pending | -- | -- | -- |
| 03/01/2013 03/01/13 | For Sale | $105,000 | -- | $102 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $974 | $129,300 | $30,000 | $99,300 |
| 2023 | $974 | $129,300 | $30,000 | $99,300 |
| 2022 | $974 | $129,300 | $30,000 | $99,300 |
| 2021 | $935 | $129,800 | $30,000 | $99,800 |
| 2020 | $935 | $129,800 | $30,000 | $99,800 |
| 2019 | $951 | $118,300 | $30,000 | $88,300 |
| 2018 | $951 | $118,300 | $30,000 | $88,300 |
| 2017 | $951 | $118,300 | $30,000 | $88,300 |
| 2016 | $951 | $118,300 | $30,000 | $88,300 |
| 2015 | -- | $108,600 | $30,000 | $78,600 |
| 2014 | -- | $108,600 | $30,000 | $78,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Thompson
Seller's Agent in 2025
Kathleen Thompson
Samson Properties
(540) 273-7158
77 Total Sales
-
John Flowers
Buyer's Agent in 2025
John Flowers
Ascendancy Realty LLC
(703) 220-6773
58 Total Sales
-
Beth Ross
B
Seller's Agent in 2013
Beth Ross
Weichert Corporate
(540) 760-3014
18 Total Sales
-
Don Robertson
Buyer's Agent in 2013
Don Robertson
Century 21 New Millennium
(540) 229-3825
16 Total Sales
Map
Source: Bright MLS
MLS Number: VAOR2009560
APN: 012-A0-00-05-0168-0
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