Seller's Agent in 2020
Patricia Licata
EXP Realty, LLC
(540) 735-7998
436 Total Sales
118 Lee Cir Locust Grove, VA 22508
Estimated Value: $709,000 - $1,196,000
0.37
Acre
$2,615,700
Price per Acre
16,117
Sq Ft Lot
Highlights
- 80 Feet of Waterfront
- Boat Ramp
- Golf Club
- Marina
- Private Dock Site
- Community Stables
About This Lot
As of December 2020Imagine wonderful sunsets from the perfect lake home or dock, designed by you and built for you! Whether you enjoy your day on the boat, kayak, jet ski, simply swimming or floating from your dock, or entertaining family and friends, this lot provides the ideal setting for your dream home. So let's get this lake home and lake life started! Situated on the main lake boasting 80 feet of water frontage, you'll love the lifestyle! As an added bonus, water and sewer and electric are present. A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteering your time and talents...Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from the mid-$100,000s to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,192
Year Built
- 1982
Lot Details
- 0.37 Acre Lot
- 80 Feet of Waterfront
- Lake Front
- Home fronts navigable water
- Property is zoned R3
HOA Fees
- $141 Monthly HOA Fees
Property Views
- Lake
- Woods
- Garden
Schools
- Locust Grove Elementary And Middle School
- Orange Co. High School
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 012A0000400500
Community Details
Overview
- Association fees include common area maintenance, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal
- Lake Of The Woods Association, Phone Number (540) 972-2237
- Lake Of The Woods Subdivision
Amenities
- Picnic Area
- Gift Shop
- Community Center
- Meeting Room
- Recreation Room
- Bar or Lounge
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- Mooring Area
- Marina
- Beach
- Golf Club
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Racquetball
- Community Playground
- Fitness Center
- Community Pool
- Pool Membership Available
- Fishing Allowed
- Putting Green
- Community Stables
- Bike Trail
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a lake
- Waterski or Wakeboard
- Bulkhead
- Private Dock Site
- Powered Boats Permitted
- Lake Privileges
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2020
Closed on
Dec 29, 2020
Sold by
Marzen Stephen J and Marzen Louise K
Bought by
Lowery John Lee and Lowery Noel
Seller's Agent
Patricia Licata
EXP Realty, LLC
Buyer's Agent
Michael Curry
Military Prime Property Management & Real Estate Services LLC
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Total Days on Market
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,809
Avg. Annual Appreciation
15.89%
Original Mortgage
$995,400
Interest Rate
2.7%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lowery John Lee | $505,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lowery John Lee | $1,085,000 | |
| Closed | Lowery John Lee | $995,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $505,000 | -3.8% | $229 / Sq Ft |
| 09/03/2020 09/03/20 | Pending | -- | -- | -- |
| 05/18/2020 05/18/20 | For Sale | $525,000 | +15.4% | $238 / Sq Ft |
| 11/27/2017 11/27/17 | Sold | $455,100 | +1.1% | $206 / Sq Ft |
| 09/12/2017 09/12/17 | Pending | -- | -- | -- |
| 09/07/2017 09/07/17 | For Sale | $450,000 | -- | $204 / 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 | $5,867 | $767,000 | $310,000 | $457,000 |
| 2023 | $5,867 | $767,000 | $310,000 | $457,000 |
| 2022 | $5,254 | $685,300 | $310,000 | $375,300 |
| 2021 | $2,280 | $316,600 | $310,000 | $6,600 |
| 2020 | $2,280 | $316,600 | $310,000 | $6,600 |
| 2019 | $2,193 | $272,700 | $260,000 | $12,700 |
| 2018 | $2,193 | $272,700 | $260,000 | $12,700 |
| 2017 | $4,332 | $538,800 | $260,000 | $278,800 |
| 2016 | $4,332 | $538,800 | $260,000 | $278,800 |
| 2015 | $3,808 | $528,900 | $260,000 | $268,900 |
| 2014 | $3,808 | $528,900 | $260,000 | $268,900 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Licata
-
Buyer's Agent in 2020
Michael Curry
Military Prime Property Management & Real Estate Services LLC
(540) 809-9122
24 Total Sales
-
J
Seller's Agent in 2017
Joyce Henson
Century 21 Redwood Realty
-
Vassa Olson
Buyer's Agent in 2017
Vassa Olson
Samson Properties
(540) 840-9444
28 Total Sales
Map
Source: Bright MLS
MLS Number: VAOR136688
APN: 012-A0-00-04-0050-0
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