NOT LISTED FOR SALE

116 Rustic Ln Colonial Beach, VA 22443

Estimated Value: $301,000 - $337,000

3 Beds
2 Baths
1,344 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $198,900 $148 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,823/month

Highlights

  • Home fronts navigable water
  • Water Access
  • Open Floorplan
  • Montross Middle School Rated 9+
  • New Construction
  • Craftsman Architecture

About This Home

As of August 2020

New Construction! Summer Delivery! The Caroline Plan has 3 bedrooms with 2 full baths on one level in a Water Access Community. Home Includes Front Porch and exterior sun deck. Granite Counters in kitchen and Stainless Appliances. Other home sites available. First Time Buyer programs available with Seller to help with Closing Costs! Why pay Rent when you can own a brand new home at a great price!

Last Agent to Sell the Property

Allen Griffey

(540) 379-9437 agriffsr@aol.com Blackwood Real Estate, Inc. License #0225196772 Listed on: 05/13/2020

Last Buyer's Agent

Raina Boyd

(703) 585-4980 rjboyd.realtor@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #0225225240

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 8,100 Sq Ft Lot
  • Home fronts navigable water
  • Partially Wooded Lot
  • Back Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Raised Ranch Architecture
  • Rambler Architecture
  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Water Access
  • River Nearby
  • Deck

Schools

  • Washington & Lee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • Private Water Source
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, pier/dock maintenance, recreation facility, road maintenance
  • Built by Legacy Contracting, LLC
  • Berkley Beach Subdivision, Caroline Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 10A-2-P-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman, Raised Ranch/Rambler, Ranch/Rambler, Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: New Construction! Summer Delivery! The Caroline Plan has 3 bedrooms with 2 full baths on one level in a Water Access Community. Home Includes Front Porch and exterior sun deck. Granite Counters in kitchen and Stainless Appliances. Other home sites available. First Time Buyer programs available with Seller to help with Closing Costs! Why pay Rent when you can own a brand new home at a great price!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 147.99
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Combination, Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Spa: No
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C, Ceiling Fan(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Phone Available, Cable Tv Available
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Recreation Facility, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WESTMORELAND COUNTY PUBLIC SCHOOLS
  • High School: WASHINGTON & LEE
  • High School Source: 3rd Party
  • School District Key: 121137398432
  • School District Source: 3rd Party
  • High School: WASHINGTON & LEE

Lot Info

  • Horses: No
  • Lot Features: Partly Wooded, Rear Yard
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8100.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: Legacy Contracting, LLC

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 65.00
  • Assessor Parcel Number: 10A-2-P-8
  • Tax Year: 2020
  • Close Date: 08/06/2020

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Aug 6, 2020
Sold by
Legacy Contracting Llc
Bought by
Grant Kenneth Stephen
Seller's Agent
Allen Griffey
Blackwood Real Estate, Inc.
Buyer's Agent
Raina Boyd
Berkshire Hathaway HomeServices PenFed Realty
List Price
$198,900
Sold Price
$198,900
Current Estimated Value
$319,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,170
Avg. Annual Appreciation
10.02%
Original Mortgage
$195,296
Outstanding Balance
$175,474
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$149,487

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 1, 2020
Sold by
Berkley Sixty One Llc
Bought by
Legacy Contracting Llc
Seller's Agent
Allen Griffey
Blackwood Real Estate, Inc.
Buyer's Agent
Raina Boyd
Berkshire Hathaway HomeServices PenFed Realty
List Price
$198,900
Sold Price
$198,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,296
Outstanding Balance
$175,474
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$149,487
Source: Public Records

Range of Values:

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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
Grant Kenneth Stephen $198,900 Attorney
Legacy Contracting Llc $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Kenneth Stephen $195,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $198,900 0.0% $148 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $198,900 -- $148 / 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 $1,418 $208,500 $14,300 $194,200
2023 $1,293 $208,500 $14,300 $194,200
2022 $1,293 $208,500 $14,300 $194,200
2021 $1,174 $154,500 $14,300 $140,200
2020 $63 $8,300 $8,300 $0
2019 $54 $8,300 $8,300 $0
2018 $51 $8,300 $8,300 $0
2017 -- $8,300 $8,300 $0
2016 $50 $8,300 $8,300 $0
2015 -- $8,300 $8,300 $0
2014 -- $0 $0 $0
2013 -- $2,100 $2,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE116396

Bright MLS

APN: 10A-2-P-8