NOT LISTED FOR SALE

1316 Bancroft Ave Colonial Beach, VA 22443

Estimated Value: $430,000

3 Beds
1.5 Baths
1,600 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $230,000 $144 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,773/month

77 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Electric Baseboard Heater
  • Rambler Architecture
  • Wood or Metal Shed
  • West Facing Home

About This Home

As of February 2020

This charming cottage sits in a woodland setting with 3 full lots for a total of over 20,000 square feet. The woodland setting caters to our feathered friends with birdhouses everywhere on the property. The grounds also feature a well-maintained koi pond--with a roof to keep the local bald eagle pair at bay. The 3 bedroom 1.5 bath main house makes you feel that you are in a mountain retreat with cozy hand-hewn wood features. Its large great room is a perfect place for family and friends. The house is at a great location on the Point equidistant between sunrises on the river and sunsets on the bay. It is an easy stroll and certainly within golf-cart driving distance to all of the town's amenities like the town's boat ramp, restaurants, beaches, shops and more. The adjacent property is owned by the same seller and is also for sale. It is an over-sized 3 bay garage with a large 2 bedroom, 1 bath apartment above the garage. The original listing for the house included the garage/apartment.

Last Agent to Sell the Property

Eric Nelson

Coldwell Banker Elite License #0225220941 Listed on: 10/22/2019

Coldwell Banker Elite

Last Buyer's Agent

Ross Simone

RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1942

Lot Details

  • 0.52 Acre Lot
  • West Facing Home

Home Design

  • Rambler Architecture
  • Traditional Architecture
  • Cabin
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Wood or Metal Shed

Schools

  • Colonial Beach Elementary School
  • Colonial Beach High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3A1 2 10 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,940

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge, Ranch/Rambler, Traditional
  • Ownership: Fee Simple
  • Inclusions: 7000 Watt Generator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-10-22
  • Year Built: 1942
  • Remarks Public: This charming cottage sits in a woodland setting with 3 full lots for a total of over 20,000 square feet. The woodland setting caters to our feathered friends with birdhouses everywhere on the property. The grounds also feature a well-maintained koi pond--with a roof to keep the local bald eagle pair at bay. The 3 bedroom 1.5 bath main house makes you feel that you are in a mountain retreat with cozy hand-hewn wood features. Its large great room is a perfect place for family and friends. The house is at a great location on the Point equidistant between sunrises on the river and sunsets on the bay. It is an easy stroll and certainly within golf-cart driving distance to all of the town's amenities like the town's boat ramp, restaurants, beaches, shops and more. The adjacent property is owned by the same seller and is also for sale. It is an over-sized 3 bay garage with a large 2 bedroom, 1 bath apartment above the garage. The original listing for the house included the garage/apartment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 143.75
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1316

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Wood/Metal Shed
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL BEACH PUBLIC SCHOOLS
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396427
  • School District Source: 3rd Party
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH

Lot Info

  • Land Use Code: 007
  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22500.00
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2940.00
  • Assessor Parcel Number: 3A1 2 10 2
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

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

Mortgage History

Date Status Borrower Loan Amount
Closed Ritchie Larry W $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $230,000 0.0% $144 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $230,000 -45.9% $144 / Sq Ft
10/22/2019 10/22/19 For Sale $425,000 -- $266 / 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
2022 $1,340 $334,900 $68,300 $266,600
2021 $2,830 $222,800 $68,300 $154,500
2020 $1,047 $222,800 $68,300 $154,500
2018 $891 $222,800 $68,300 $154,500
2017 -- $222,800 $68,300 $154,500
2016 $869 $222,800 $68,300 $154,500
2015 -- $226,300 $68,300 $158,000
2014 -- $0 $0 $0
2013 -- $226,300 $68,300 $158,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAWE115362

Bright MLS

APN: 3A1-2-10-2