NOT LISTED FOR SALE

1203 Bancroft Ave Colonial Beach, VA 22443

Estimated Value: $553,000 - $601,000

4 Beds
3 Baths
2,600 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $390,000 $150 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,106/month

6 Days on Market

Highlights

  • Parking available for a boat
  • Colonial Architecture
  • Cooling Available
  • Water Oriented
  • No HOA
  • 2 Detached Carport Spaces

About This Home

As of June 2021

WATER VIEW -PROFESSIONAL PICTURES TO BE ADDED SOON) THIS 4 BEDROOM 3 BATH COUNTRY COLONIAL WAS BUILT IN 1904, BUT HAS BEEN METICULOUSLY RESTORED TO PRESERVE ITS ORIGINAL CHARACTER & CHARM. RENOVATED UPGRADES WITH MODERN CONVENIENCES THAT ENHANCE ITS USABILITY FOR EVERYDAY LIVING. PLENTY OF ROOM FOR ENTERTAINMENT AND FAMILY FUN. THE MAIN SUITE IS ON THE FIRST LEVEL WITH FULL BATH AND WALK-IN CLOSET. 3 ADDITIONAL BEDROOMS ARE ON THE SECOND LEVEL. LOCATED ON "THE POINT" SIDE ON THE TOWN WITH THE POTOMAC RIVER ON ONE SIDE AND MONROE BAY ON THE OTHER SIDE BEING ONLY A SHORT DISTANCE FROM THE WATER. COUNTRY STYLE WRAP-AROUND PORCHES WITH SCREENED-IN REAR PORCH. THE DOUBLE LOT IS PARTIALLY FENCED . CONVEYS WITH DUAL HEAT PUMPS, WHOLE HOUSE GENERATOR , TWO STORAGE SHEDS AND A LARGE 2+ CARPORT. PLENTY OF ROOM FOR PARKING, BOATS, CARS, GOLF CARTS AND MORE. CLOSE TO SHOPPING, RESTAURANTS & BEACHES.

Last Agent to Sell the Property

Robert Swink

(804) 224-0001 bobswink@hotmail.com Colonial Beach Real Estate Inc License #0225018632 Listed on: 04/24/2021

Last Buyer's Agent

Betty Trader

(804) 224-0001 bobswink@hotmail.com Colonial Beach Real Estate Inc License #0225095308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1901 | Remodeled in 2012

Lot Details

  • 0.34 Acre Lot
  • East Facing Home
  • Board Fence
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • 5 Driveway Spaces
  • 2 Detached Carport Spaces
  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Water Oriented
  • River Nearby
  • Exterior Lighting
  • Outbuilding

Utilities

  • Cooling Available
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 3A1 2 15 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,845

Year Built

Built in 1901 | Remodeled in 2012

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1901
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 151.88
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Boat Storage, Exterior Lighting, Outbuilding(s)
  • Roof: Architectural Shingle
  • 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

  • Carport Spaces: 2
  • Garage: No
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Carport, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Board
  • Improvement Assessed Value: 147300.00
  • Land Assessed Value: 68300.00
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Property Condition: Very Good
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19757102
  • Tax Annual Amount: 2845.00
  • Assessor Parcel Number: 3A1 2 15 17
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 4, 2021
Sold by
Kerrick Grace L
Bought by
Hundley Michael S and Hundley Denise L
Seller's Agent
Robert Swink
Colonial Beach Real Estate Inc
Buyer's Agent
Betty Trader
Colonial Beach Real Estate Inc
List Price
$394,900
Sold Price
$390,000
Premium/Discount to List
-$4,900
-1.24%
Current Estimated Value
$576,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,538
Avg. Annual Appreciation
8.69%
Original Mortgage
$331,500
Outstanding Balance
$298,164
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,374

Purchase Details

Listed on
Nov 3, 2013
Closed on
Aug 19, 2014
Sold by
Covington James A
Bought by
Kerrick Ralph E
Seller's Agent
Chip Taylor
Coldwell Banker Elite
Buyer's Agent
Stephen Kennedy
Coldwell Banker Elite
List Price
$198,900
Sold Price
$185,000
Premium/Discount to List
-$13,900
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Gray Construction Inc
Bought by
Covington James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,638
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2011
Sold by
Payne Anna Marie Hart and Peck Margaret Elizab
Bought by
Gray Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.62%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Hundley Michael S $390,000 Lawyers Title/Westmoreland
Kerrick Ralph E $185,000 --
Covington James A $154,650 --
Gray Construction Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundley Michael S $331,500
Previous Owner Gray Construction Inc $137,638
Previous Owner Gray Construction Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $390,000 -1.2% $150 / Sq Ft
04/24/2021 04/24/21 For Sale $394,900 +113.5% $152 / Sq Ft
08/20/2014 08/20/14 Sold $185,000 -5.6% $91 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
05/04/2014 05/04/14 Price Changed $195,900 -1.5% $97 / Sq Ft
11/03/2013 11/03/13 For Sale $198,900 -- $98 / Sq Ft
Source: Bright MLS

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
2025 $1,629 $387,800 $68,300 $319,500
2024 $1,629 $387,800 $68,300 $319,500
2023 $1,551 $387,800 $68,300 $319,500
2022 $1,551 $387,800 $68,300 $319,500
2021 $1,520 $220,600 $68,300 $152,300
2020 $1,037 $220,600 $68,300 $152,300
2018 $862 $220,600 $68,300 $152,300
2017 -- $215,600 $68,300 $147,300
2016 $835 $215,600 $68,300 $147,300
2015 -- $209,200 $68,300 $140,900
2014 -- $0 $0 $0
2013 -- $209,200 $68,300 $140,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE118252

Bright MLS

APN: 3A1-2-15-17

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