NOT LISTED FOR SALE

1220 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $359,228 - $461,000

2 Beds
1 Bath
888 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $260,000 $293 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,237/month

20 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Pier
  • Cottage
  • 1 Boat Dock
  • No HOA
  • Country Kitchen

About This Home

As of August 2013

JUST LISTED. 2 BEDROOM, 1 BATH COTTAGE ON "THE POINT" WITH PIER AND LARGE MOORING POST. CHARACTER AND CHARM OF THE OLD COLONIAL BEACH DAYS. SHOWN BY APPOINTMENT ONLY. SORRY, NO WEEK-END SHOWINGS PIER CONVEYS WITH LEASE FROM TOWN.

Last Agent to Sell the Property

Robert Swink

(804) 761-0500 bobswink@hotmail.com Colonial Beach Real Estate Inc License #0225018632 Listed on: 06/07/2013

Last Buyer's Agent

Sherry Stuart

(804) 761-3011 sherrystuart@hotmail.com EXIT Mid-Rivers Realty License #0225240810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • Property has 1 Level
  • Water Views

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pier
  • Water Access
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 3 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 23038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 888
  • Living Area Sq Ft: 888
  • Price Per Sq Ft: 314.19
  • Above Grade Finished Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: MONROE BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 85500.00
  • Land Assessed Value: 105600.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7405
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19758406
  • Tax Annual Amount: 1433.25
  • Assessor Parcel Number: 23038
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Aug 22, 2013
Sold by
Hagerty Pamela J and Burke Patricia A
Bought by
Bell Justin S
Seller's Agent
Robert Swink
Colonial Beach Real Estate Inc
Buyer's Agent
Sherry Stuart
EXIT Mid-Rivers Realty
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Current Estimated Value
$408,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,807
Avg. Annual Appreciation
3.75%
Original Mortgage
$208,000
Outstanding Balance
$155,420
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$253,387
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bell Justin S $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Justin S $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $260,000 -6.8% $293 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $279,000 -- $314 / 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 $1,017 $242,100 $105,600 $136,500
2023 $968 $242,100 $105,600 $136,500
2022 $968 $242,100 $105,600 $136,500
2021 $949 $218,500 $105,600 $112,900
2020 $1,027 $218,500 $105,600 $112,900
2018 $870 $217,400 $105,600 $111,800
2017 -- $217,400 $105,600 $111,800
2016 $848 $217,400 $105,600 $111,800
2015 -- $191,100 $105,600 $85,500
2014 -- $0 $0 $0
2013 -- $191,100 $105,600 $85,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Swink

    Colonial Beach Real Estate Inc

    (804) 761-0500

    56 in this area

    58 Total Sales

    Robert Swink
    Section Image

  • S

    Buyer's Agent in 2013

    Sherry Stuart

    EXIT Mid-Rivers Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003559596

Bright MLS

APN: 3A1-2-14-4

Virginia Westmoreland County Colonial Beach 22443

1220 Monroe Bay Ave, Colonial Beach, VA

Not Listed for Sale

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