NOT LISTED FOR SALE

1224 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $462,862 - $516,000

3 Beds
2 Baths
1,400 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $399,900 $286 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,658/month

213 Days on Market

Highlights

  • Private Water Access
  • Colonial Architecture
  • No HOA
  • River View
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2020

This is a great opportunity to own a recently renovated beautiful home on the Point in Colonial Beach! How amazing to wake up to a beautiful waterview and in the evenings see the gorgeous sunsets day after day! As you enter the home you walk into a spacious sunroom, perfect for watching all of the boating activity and the stunning waterviews. You will love the gleaming hardwood floors, the updated gourmet kitchen, and fine details throughout. There are 3 large bedrooms with deep closets. For storage there is a huge back yard and shed to store your water toys and tools. The laundry room is roomy with a new washer, dryer and lots of shelving. A wonderful idea for Colonial Beach is to have an AirBNB!!!! Local AirBNB's rent for as much as $15,000 a month or more!!! That would be a great way to pay off your new investment and have it for many years to come!!! The possibilities are truly endless! This town has so much to offer...waterfront restaurants, golf cart riding, shopping, swimming, boating, live music in the summer, parades, festivals, fireworks on the 4th of July and sooooo much more!!! Don't let this charming waterfront home pass you by!!! Colonial Beach is 45 minutes to Fredericksburg, 1 hour and 20 minutes to Richmond and Washington D.C., and was voted recently as the best beach in VA!!!!!!!

Last Agent to Sell the Property

April Caldwell

RE/MAX Supercenter License #0225213295 Listed on: 01/08/2020

RE/MAX Supercenter

Last Buyer's Agent

April Caldwell

RE/MAX Supercenter License #0225213295 Listed on: 01/08/2020

RE/MAX Supercenter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • River Front

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • River Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Private Water Access
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3A1 2 14 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,257

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Water Body Name: Potomac River
  • Subdivision Name: The Point
  • Directions: From Fredericksburg, travel Rt. 3 East until you get to 205 for 19 miles, turn Right onto Lynnhaven Ave., to Dennison St., Right onto Garfield Ave., Right onto Garfield Ave., Right onto Boundary St., Left onto Monroe Bay Ave. look for sign on at house #1224.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Washer, Dishwasher, Range, Range Hood, Dryer, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Special Lighting
  • Living Area: 1400
  • Window Features: Window Treatments, Storm Window(s)
  • Dining Room Features: Dining Room, Eat-in Kitchen

Exterior Features

  • Lot Features: < .5 acre
  • View: River/Creek View
  • View: Yes
  • Waterfront Features: River/Creek Front, Water Access-Private, Water Access-Public
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Sheetrock Walls
  • Other Structures: Shed(s)
  • Roof: Age 10+ yrs

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Natural Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s), Security Lights
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8712
  • Pasture Area: 8712
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 790/270 , 206/296
  • Tax Map Number: 3A1 2 14 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Sep 1, 2020
Sold by
Long Constance A and Adams William P
Bought by
Bell Yvonne J and Bell Justin S
Seller's Agent
April Caldwell
RE/MAX Supercenter
Buyer's Agent
April Caldwell
RE/MAX Supercenter
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$484,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,816
Avg. Annual Appreciation
3.74%
Original Mortgage
$339,915
Outstanding Balance
$302,206
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$182,510
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Yvonne J $399,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Yvonne J $339,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2020 09/08/20 Sold $399,900 0.0% $286 / Sq Ft
09/04/2020 09/04/20 Sold $399,900 0.0% $286 / Sq Ft View Prior Sale
08/09/2020 08/09/20 Pending -- -- --
04/06/2020 04/06/20 Price Changed $399,900 -5.8% $286 / Sq Ft
03/27/2020 03/27/20 For Sale $424,500 +6.2% $303 / Sq Ft
01/08/2020 01/08/20 For Sale $399,900 -- $286 / Sq Ft
Source: Northern Neck Association of REALTORS®

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 $1,257 $299,400 $105,600 $193,800
2023 $1,198 $299,400 $105,600 $193,800
2022 $1,198 $299,400 $105,600 $193,800
2021 $1,173 $209,800 $105,600 $104,200
2020 $986 $209,800 $105,600 $104,200
2018 $839 $209,800 $105,600 $104,200
2017 -- $209,800 $105,600 $104,200
2016 $818 $209,800 $105,600 $104,200
2015 -- $200,600 $105,600 $95,000
2014 -- $0 $0 $0
2013 -- $200,600 $105,600 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Karen Jones

    Seller's Agent in 2020

    Karen Jones

    Samson Properties

    (540) 645-7331

    6 in this area

    50 Total Sales

    Karen Jones
    Section Image
  • April Caldwell

    Seller's Agent in 2020

    April Caldwell

    RE/MAX

    (804) 450-2775

    3 in this area

    95 Total Sales

    April Caldwell
    Section Image
See All Agents

Map

Source: Northern Neck Association of REALTORS®

MLS Number: 106553

APN: 3A1-2-14-3

Virginia Westmoreland County Colonial Beach 22443

1224 Monroe Bay Ave, Colonial Beach, VA

Not Listed for Sale

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