NOT LISTED FOR SALE

117 Bancroft Ave Colonial Beach, VA 22443

Estimated Value: $364,000 - $424,169

4 Beds
2 Baths
1,416 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $365,000 $258 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,127/month

46 Days on Market

Highlights

  • Water Oriented
  • No HOA
  • Skylights
  • Main Floor Bedroom
  • Picket Fence
  • Patio

About This Home

As of July 2024

Welcome to your dream home on the Point in the golf cart community of Colonial Beach, Virginia! Nestled in the heart of the historic Point neighborhood, this home provides unparalleled access to the beautiful Potomac River. The location also provides easy walking distance to local restaurants, breweries, wine bar and much more. Enjoy the tranquility of a small-town atmosphere while being just a short drive from the amenities of larger cities. The home's curb appeal is undeniable. A back deck provides ample space for outdoor entertaining. And the Osprey Nest at the corner of the property adds a special natural feature to the home. Step inside to find a spacious, light-filled living area with large windows. The open floor plan seamlessly connects the living room, dining area, and kitchen, making it ideal for both everyday living and entertaining. The home features four generously sized bedrooms and two bathrooms. Two of the rooms are on the ground floor and two are one flight up featuring an extra large Jack and Jill bathroom. Living on the Point in Colonial Beach means enjoying a tight-knit community with a rich history and plenty of recreational opportunities. Take a leisurely bike ride through the neighborhood, visit nearby parks, or dine at local restaurants. The town's charming boardwalk and sandy beaches are just minutes away and any part of town is a short golf-cart jaunt away. Don't miss your chance to own this exquisite home on the Point. Experience the best of coastal living in Colonial Beach, VA – schedule your private tour today!

Last Agent to Sell the Property

Eric Nelson

(202) 271-6050 enelson@cbeva.com Coldwell Banker Elite License #0225220941 Listed on: 05/23/2024

Coldwell Banker Elite

Last Buyer's Agent

Karen Wallis

(540) 538-5314 alwaysbeclosing14@gmail.com RE/MAX Supercenter License #0225215126

RE/MAX Supercenter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1975

Lot Details

  • 5,000 Sq Ft Lot
  • Picket Fence
  • Vinyl Fence
  • Back Yard Fenced

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Replacement Windows
  • Dining Area
  • Tile or Brick Flooring
  • Electric Oven or Range
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

Outdoor Features

  • Water Oriented
  • River Nearby
  • Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 3A2 2 67 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your dream home on the Point in the golf cart community of Colonial Beach, Virginia! Nestled in the heart of the historic Point neighborhood, this home provides unparalleled access to the beautiful Potomac River. The location also provides easy walking distance to local restaurants, breweries, wine bar and much more. Enjoy the tranquility of a small-town atmosphere while being just a short drive from the amenities of larger cities. The home's curb appeal is undeniable. A back deck provides ample space for outdoor entertaining. And the Osprey Nest at the corner of the property adds a special natural feature to the home. Step inside to find a spacious, light-filled living area with large windows. The open floor plan seamlessly connects the living room, dining area, and kitchen, making it ideal for both everyday living and entertaining. The home features four generously sized bedrooms and two bathrooms. Two of the rooms are on the ground floor and two are one flight up featuring an extra large Jack and Jill bathroom. Living on the Point in Colonial Beach means enjoying a tight-knit community with a rich history and plenty of recreational opportunities. Take a leisurely bike ride through the neighborhood, visit nearby parks, or dine at local restaurants. The town's charming boardwalk and sandy beaches are just minutes away and any part of town is a short golf-cart jaunt away. Don't miss your chance to own this exquisite home on the Point. Experience the best of coastal living in Colonial Beach, VA – schedule your private tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Tile/Brick
  • Interior Amenities: Dining Area, Entry Level Bedroom, Recessed Lighting, Skylight(s)
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 257.77
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Fiberglass
  • Water Access: No
  • Water Body Name: Potomac
  • 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: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: COLONIAL BEACH PUBLIC SCHOOLS
  • School District Key: 300200396427
  • School District Source: Listing Agent

Lot Info

  • Fencing: Picket, Rear, Vinyl
  • Land Use Code: 007
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 622.28
  • Assessor Parcel Number: 3A2 2 67 8
  • Tax Lot: 8
  • Tax Year: 2020
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 29, 2024
Sold by
Spencer Hite M and Spencer Katrina A
Bought by
Sullivan Stephen Daniel and Zamora Patricia
Seller's Agent
Eric Nelson
Coldwell Banker Elite
Buyer's Agent
Karen Wallis
RE/MAX Supercenter
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Views
88
Current Estimated Value
$392,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,292
Avg. Annual Appreciation
6.09%
Original Mortgage
$292,000
Outstanding Balance
$288,696
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$103,596

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 9, 2021
Sold by
Quinn Christopher J and Chandler Jennifer Dawn
Bought by
Spencer Hite M and Spencer Katrina A
Seller's Agent
James Coates
EXIT Mid-Rivers Realty
Buyer's Agent
Eric Nelson
Coldwell Banker Elite
List Price
$292,500
Sold Price
$316,000
Premium/Discount to List
$23,500
8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$252,800
Interest Rate
3.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2017
Sold by
Wood Janet and Wood Alan J
Bought by
Quinn Christopher J and Chandler Jennifer Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Sullivan Stephen Daniel $365,000 First Guardian Title
Sullivan Stephen Daniel $365,000 First Guardian Title
Spencer Hite M $316,000 Lawyers Title Of Westmoreland
Quinn Christopher J $185,000 Lawyers Title/Westmoreland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Stephen Daniel $292,000
Closed Sullivan Stephen Daniel $292,000
Previous Owner Spencer Hite M $252,800
Previous Owner Quinn Christopher J $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $365,000 0.0% $258 / Sq Ft
07/02/2024 07/02/24 Price Changed $365,000 -2.7% $258 / Sq Ft
06/13/2024 06/13/24 Price Changed $375,000 -5.1% $265 / Sq Ft
05/23/2024 05/23/24 For Sale $395,000 +25.0% $279 / Sq Ft
12/09/2021 12/09/21 Sold $316,000 +8.0% $223 / Sq Ft View Prior Sale
11/07/2021 11/07/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $292,500 -- $207 / 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 $646 $153,900 $47,500 $106,400
2023 $616 $153,900 $47,500 $106,400
2022 $616 $153,900 $47,500 $106,400
2021 $603 $132,400 $47,500 $84,900
2020 $622 $132,400 $47,500 $84,900
2018 $530 $132,400 $47,500 $84,900
2017 -- $132,400 $47,500 $84,900
2016 $493 $126,400 $47,500 $78,900
2015 -- $122,700 $47,500 $75,200
2014 -- $0 $0 $0
2013 -- $122,700 $47,500 $75,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2006734

Bright MLS

APN: 3A2-2-67-8