NOT LISTED FOR SALE

1308 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $587,577 - $774,000

3 Beds
2.5 Baths
2,238 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $435,000 $194 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,604/month

42 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Wood Flooring
  • Bay View
  • Traditional Floor Plan
  • Sun or Florida Room

About This Home

As of August 2020

Come Home to Life On The Point! Whether you like the Sunrise or the Sunset, you have it here! Take your morning sunrise walk to the public beach or watch the amazing sunset over Monroe Bay from one of your two amazing full-width porches. This custom, builder owner home is a rare gem! The large Living Room with beautiful hardwood floors is open to the Kitchen so entertaining is a breeze. Did I mention the summer breezes from your Private Upper Balcony? Transom windows add lots of natural light to the Living Room and Kitchen. The bright, spacious kitchen has plenty of cabinets for storage, including a pantry cabinet next to the fridge. Teleworking? Not a problem from your private office space on the main level. 2 comfortable Bedrooms upstairs complement the large Master Bedroom w/tray ceiling and walk-in closet. The greatest feature of the Master Bedroom is the PRIVATE access to the Upper Balcony/Porch. Water views of Monroe Bay from your own private escape. The Master Bathroom offers granite counters, double sinks, a separate shower room, and a 6' jetted tub with inline heater to give you lots of soaking time. The Fully Fenced Back Yard has plenty of room for kids and pets to play and outdoor dining space to enjoy time with friends. Keep your cars or golf-cart out of the way in the 2-car detached Garage with a rear entrance. When you come in from a long day of play, leave your sandy flip-flops in the large Mud Room to help keep this beauty clean. Upgrades all around: 9' ceilings downstairs, hardwood and tile floors, granite and solid surface counters, crown molding, the list goes on and on. Easy walks to parks, public beach, marinas, restaurants, and all things Colonial Beach. The only thing better than life at the Beach is life in this beautiful home at the Beach!

Last Agent to Sell the Property

Teresa Mims

(540) 295-1258 teresamimsrealtor@gmail.com EXP Realty, LLC License #0225187523 Listed on: 06/14/2020

EXP Realty, LLC

Last Buyer's Agent

Linda Miller

(703) 402-4800 linda@gotolinda.com Weichert, REALTORS License #0225064487

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 2008

Lot Details

  • 8,320 Sq Ft Lot
  • Lot Dimensions are 160 x 53 x 159 x 52
  • West Facing Home
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Property is zoned 007

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Rear-Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,238 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Double Hung Windows
  • Transom Windows
  • Mud Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Bay Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Porch

Schools

  • Colonial Beach Elementary And Middle School
  • Colonial Beach High School

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Electric Water Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 3A1 2 6 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Clothes Washer, Clothes Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-24
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Refrigerator, Icemaker, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Stall Shower, Tub Shower
  • Window Features: Transom, Double Pane, Double Hung
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Laundry, Mud Room, Office, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2238
  • Living Area Sq Ft: 2238
  • Price Per Sq Ft: 201.03
  • Above Grade Finished Sq Ft: 2238
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Paved
  • Roof: Asphalt
  • View: Bay
  • Water Access: No
  • Water Body Name: Monroe Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH
  • Middle Or Junior School: COLONIAL BEACH

Lot Info

  • Additional Parcels: No
  • Fencing: Rear
  • Lot Features: Front Yard, Landscaping, Level, Rear Yard, Road Frontage
  • Lot Size Acres: 0.19
  • Lot Dimensions: 160 x 53 x 159 x 52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8320.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Property Condition: Very Good
  • Zoning: 007
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4134.00
  • Assessor Parcel Number: 3A1 2 6 7
  • Tax Lot: 7
  • 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
Jun 14, 2020
Closed on
Aug 22, 2020
Sold by
Borden Fred W and Fred W Borden Iv Revocable Tru
Bought by
Brown Heath Michael and Brown Paola Vasquez
Seller's Agent
Teresa Mims
EXP Realty, LLC
Buyer's Agent
Linda Miller
Weichert, REALTORS
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Current Estimated Value
$657,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,894
Avg. Annual Appreciation
8.20%
Original Mortgage
$348,000
Outstanding Balance
$308,125
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$349,769
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Brown Heath Michael $435,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Heath Michael $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $435,000 -3.3% $194 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $449,900 0.0% $201 / Sq Ft
07/17/2019 07/17/19 Rented $1,700 0.0% --
07/17/2019 07/17/19 Under Contract -- -- --
06/26/2019 06/26/19 For Rent $1,700 0.0% --
07/18/2018 07/18/18 Rented $1,700 0.0% --
07/13/2018 07/13/18 Under Contract -- -- --
07/06/2018 07/06/18 For Rent $1,700 0.0% --
08/18/2017 08/18/17 Rented $1,700 0.0% --
08/18/2017 08/18/17 Under Contract -- -- --
07/08/2017 07/08/17 For Rent $1,700 +3.0% --
06/01/2012 06/01/12 Rented $1,650 0.0% --
05/11/2012 05/11/12 Under Contract -- -- --
03/30/2012 03/30/12 For Rent $1,650 -- --
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 $1,677 $399,400 $47,500 $351,900
2023 $1,598 $399,400 $47,500 $351,900
2022 $1,598 $399,400 $47,500 $351,900
2021 $1,565 $313,200 $47,500 $265,700
2020 $1,472 $313,200 $47,500 $265,700
2018 $1,253 $313,200 $47,500 $265,700
2017 -- $313,200 $47,500 $265,700
2016 $1,221 $313,200 $47,500 $265,700
2015 -- $287,100 $47,500 $239,600
2014 -- $0 $0 $0
2013 -- $287,100 $47,500 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE116514

Bright MLS

APN: 3A1-2-6-7