NOT LISTED FOR SALE

123 Morgans Ln New Point, VA 23125

Mathews Neighborhood

Estimated Value: $445,000 - $587,000

3 Beds
1.5 Baths
1,806 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $380,000 $210 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,124/month

167 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Wood Flooring
  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Main Floor Bedroom

About This Home

As of August 2020

Horn Harbor waterfront Farmhouse.. Only minutes to Chesapeake Bay! This property offers a pier to 4-6' MLW, boat lift,step down pier, electric & water at pier, great views and on 1.53 acres. The 1898 farmhouse offers 3 bedrooms and 1.5 baths with first floor waterfront bedroom. You will love your eat-in country kitchen with plenty of room for large table for family gatherings and crab steams! There is a nice pantry off the kitchen along with back porch and laundry area. There is a waterfront living room that opens up to a wonderful screen porch that you will enjoy many summer days reading and enjoying the boat activity. You also have a first floor family room or dining room, currently used for family room. The second floor offers a waterfront bedroom and an additional bedroom and half bath. This home offers beautiful hardwood floors, and country charm. Enjoying fishing & crabbing off the pier, and nice sandy bottom for swimming, then enjoy your outside shower, and then swing in your hammock under stately magnolia, cedar, shade trees. You have a large 2 car garage and multiple outbuildings for storage. Enjoy and relax in quiet, laid back Mathews off Chesapeake Bay!

Last Listed By

Renee Edwards

Morgan & Edwards Real Estate License #0225045109 Listed on: 01/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1898

Lot Details

  • 1.53 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Docks
  • Shed
  • Outbuilding

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Propane Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Tax Lot 44A
  • Assessor Parcel Number 40-A-44A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,093

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1898
  • Property Attached Yn: No
  • Lot Size Acres: 1.53
  • Water Body Name: Horn Harbor
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Farmhouse, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Linoleum, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Propane Water Heater, Refrigerator, Range Hood, Stove, Water Softener, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Dining Area, Eat-in Kitchen, Laminate Counters, Pantry
  • Living Area: 1806.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Shingle
  • Fencing: None
  • Lot Features: Level, Waterfront
  • Pool Features: None
  • Waterfront Features: Harbor, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, Plaster, Vinyl Siding
  • Exterior Features: Boat Lift, Dock, Out Building(s), Porch, Storage, Shed
  • Other Structures: Garage(s), Shed(s), Outbuilding
  • Patio And Porch Features: Rear Porch, Front Porch, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Unfinished Garage

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 40-A-44A
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2093.0
  • Tax Lot: 44A

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Aug 5, 2020
Sold by
Steele Thomas W and Steele Shannon B
Bought by
Slough Bruce M and Slough Ann B
Seller's Agent
Renee Edwards
Morgan & Edwards Real Estate
Buyer's Agent
Renee Edwards
Morgan & Edwards Real Estate
List Price
$419,900
Sold Price
$380,000
Premium/Discount to List
-$39,900
-9.5%
Total Days on Market
167
Current Estimated Value
$529,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,928
Avg. Annual Appreciation
7.30%
Original Mortgage
$190,000
Outstanding Balance
$170,428
Interest Rate
3%
Estimated Equity
$359,500

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Slough Bruce M $380,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slough Bruce M $190,000
Previous Owner Steele Thomas W $152,008
Previous Owner Steele Thomas W $340,000
Previous Owner Steele Thomas W $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $380,000 -9.5% $210 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $419,900 -- $233 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $2,230 $398,300 $160,600 $237,700
2023 $2,230 $398,300 $160,600 $237,700
2022 $2,077 $324,500 $160,600 $163,900
2021 $2,093 $324,500 $160,600 $163,900
2020 $2,093 $324,500 $160,600 $163,900
2019 $2,093 $324,500 $160,600 $163,900
2018 $1,866 $324,500 $160,600 $163,900
2017 $1,866 $324,500 $160,600 $163,900
2015 $20,126 $0 $0 $0
2014 $20,126 $372,700 $210,600 $162,100
2013 $1,752 $372,700 $210,600 $162,100
Source: Public Records

Agents Affiliated with this Home

  • Renee Edwards

    Seller's Agent in 2020

    Renee Edwards

    Morgan & Edwards Real Estate

    (804) 694-9043

    115 in this area

    189 Total Sales

    Renee Edwards
    Section Image
See All Agents

Map

Similar Home in New Point, VA

  • 245 Heath Rd, New Point, VA 23125

    $575,000

    • 2 Beds
    • 2.5 Baths
    • 1,834 Sq Ft
    • 245 Heath Rd
    • New Point, VA

    Chesapeake Bay at your doorstep! Built in 1920 this waterman's country farmhouse has been updated while retaining the charm and character of the time.Located in New Point on Doctors Creek with 110 ft.waterfrontage, overlooking "Wolftrap Light House, and just around the corner from New Point Comfort Lighthouse. The home offers open Kitchen with dining and morning sitting area, wood stove too! All

    Sonny Richardson Long & Foster REALTORS

    Section Image
See All Homes in New Point

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2002793

Chesapeake Bay & Rivers Association of REALTORS®

APN: 40-A-44A

Virginia Mathews County New Point 23125 Mathews

123 Morgans Ln, New Point, VA

Homes for Sale in New Point, VA

This home is located at 123 Morgans Ln, New Point, VA 23125 since 28 January 2020 and is currently estimated at $529,928, approximately $293 per square foot. This property was built in 1898. 123 Morgans Ln is a home located in Mathews County with nearby schools including Thomas Hunter Middle School and Mathews High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.