NOT LISTED FOR SALE

131 Ginney Point Ln Cobbs Creek, VA 23035

Estimated Value: $581,000 - $827,000

3 Beds
2 Baths
2,332 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $545,000 $234 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,000/month

10 Days on Market

Highlights

  • Docks
  • Boat Ramp
  • Indoor Pool
  • River Access
  • Boat Lift
  • Custom Home

About This Home

As of June 2016

Extraordinary sunset and sunrise views over the Piankatank river from the WOW great room complete with gourmet kitchen, living and dining area. Mahogany and Rosewood cabinetry by master furniture maker and artist designed back splash. Spectacular elevated views from all windows, two decks, large master suite with beautifully designed bath, walk in closet, laundry and exercise room with hot tub and pool. All one level living with cargo elevator on deck to main floor. Property is located on two lots on point of land, with one with inland pond for privacy!!Carport areas and studio/workshop underneath elevated home. Cargo elevator for easy access to main level of home. Dock, boat lift, and shoreline rip rap.

Last Agent to Sell the Property

Cindy Barnett

Long & Foster REALTORS License #0225058087 Listed on: 05/09/2016

Long & Foster REALTORS

Last Buyer's Agent

Paul Dracos

Virginia Capital Realty License #0225104906

Virginia Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1983

Lot Details

  • 2.3 Acre Lot
  • Waterfront

Home Design

  • Custom Home
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Factory Built Fireplace
  • Gas Fireplace
  • Dining Area
  • Workshop
  • Granite Countertops
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Workshop in Garage
  • Circular Driveway

Accessible Home Design

  • Accessibility Features

Pool

  • Indoor Pool
  • Pool and Spa

Outdoor Features

  • River Access
  • Boat Lift
  • Boat Ramp
  • Docks
  • Balcony
  • Deck
  • Shed
  • Front Porch

Schools

  • Mathews Elementary And Middle School
  • Mathews High School

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Tax Lot TWO
  • Assessor Parcel Number 1B-4-C,1B-4-A3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Property Attached Yn: No
  • Lot Size Acres: 2.3
  • Lot Size: 2.3 acres
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Contemporary, Custom
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Basement: Partially Finished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Electric Water Heater
  • Accessibility Features: Accessibility Features
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Factory Built, Gas
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Dining Area, Granite Counters, High Ceilings, Hot Tub/Spa, Workshop
  • Living Area: 2332.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Pool Features: Indoor, Pool, Pool/Spa Combo
  • Waterfront Features: River Access, Boat Ramp/Lift Access
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Boat Lift, Deck, Dock, Storage, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, Carport, Other, Workshop in Garage

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead

Schools

  • Middle Or Junior School: Mathews

Lot Info

  • Parcel Number: 1B-4-C,1B-4-A3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2337.0
  • Tax Lot: TWO

MLS Schools

  • Elementary School: Mathews
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jun 9, 2016
Sold by
Kerr Barbara A and Barbara A Kerr Living Trust
Bought by
Pippin Gregory Scott
Seller's Agent
Cindy Barnett
Long & Foster REALTORS
Buyer's Agent
Paul Dracos
Virginia Capital Realty
List Price
$562,000
Sold Price
$545,000
Premium/Discount to List
-$17,000
-3.02%
Current Estimated Value
$702,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,370
Avg. Annual Appreciation
2.04%
Original Mortgage
$436,000
Outstanding Balance
$350,261
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$307,600

Purchase Details

Closed on
Dec 2, 2009
Sold by
Kerr Barbara A
Bought by
Kerr Barbara A and Barbara A Kerr Living Trust

Purchase Details

Closed on
Oct 27, 2008
Sold by
Millican M Claire
Bought by
Kerr Barbara A
Source: Public Records

Range of Values:

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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
Pippin Gregory Scott $545,000 Old Republic National Title
Kerr Barbara A -- None Available
Kerr Barbara A $191,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pippin Gregory Scott $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $545,000 -3.0% $234 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $562,000 -- $241 / Sq Ft
Source: Central Virginia Regional 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
2025 $3,308 $551,400 $237,500 $313,900
2024 $3,088 $551,400 $237,500 $313,900
2023 $3,088 $551,400 $237,500 $313,900
2022 $2,630 $411,000 $237,500 $173,500
2021 $2,651 $411,000 $237,500 $173,500
2020 $2,651 $411,000 $237,500 $173,500
2019 $2,651 $411,000 $237,500 $173,500
2018 $2,363 $411,000 $237,500 $173,500
2017 $2,363 $411,000 $237,500 $173,500
2015 $22,226 $0 $0 $0
2014 $22,226 $411,600 $237,500 $174,100
2013 $1,935 $411,600 $237,500 $174,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1615523

Central Virginia Regional MLS

APN: 1B-4-C