NOT LISTED FOR SALE

1488 Monroe Bay Cir Colonial Beach, VA 22443

Estimated Value: $386,000 - $417,000

3 Beds
1 Bath
1,056 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $335,000 $317 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,257/month

Highlights

  • 117 Feet of Waterfront
  • 1 Dock Slip
  • Boat or Launch Ramp
  • Montross Middle School Rated 9+
  • Pier
  • Rambler Architecture

About This Home

As of August 2021

Magnificent water front/water view property with a private pier and boat ramp -- amenities include: deck, enclosed porch, front porch and 3 sheds -- property being sold "as is"

Last Agent to Sell the Property

Patricia Hense

(301) 580-9035 redtaz03@netzero.com Residential Plus Realestate Services Listed on: 02/18/2021

Last Buyer's Agent

Patricia Hense

(301) 580-9035 redtaz03@netzero.com Residential Plus Realestate Services Listed on: 02/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • 117 Feet of Waterfront
  • Home fronts navigable water

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Private Water Access
  • Property near a bay
  • Boat or Launch Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Shed
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Monroe Bay Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 6F 1 1 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Price Per Sq Ft: 317.14
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Monroe Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 117

Garage/Parking

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

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 97900.00
  • Land Assessed Value: 156000.00
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19760671
  • Tax Annual Amount: 1574.00
  • Assessor Parcel Number: 6F 1 1 29
  • Tax Lot: 29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Boat/Launch Ramp, Private Dock Site

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Jul 21, 2021
Sold by
Cascade Funding Mortgage Trust Hb1
Bought by
Bussey Robert Joesph and Baldwin Eva-Marie Ann
Seller's Agent
Patricia Hense
Residential Plus Realestate Services
Buyer's Agent
Patricia Hense
Residential Plus Realestate Services
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Current Estimated Value
$401,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,885
Avg. Annual Appreciation
4.40%
Original Mortgage
$318,250
Outstanding Balance
$289,202
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$112,683

Purchase Details

Closed on
Jul 17, 2020
Sold by
Federal National Mortgage Association
Bought by
Cascade Funding Mortgage Trust Hb1

Purchase Details

Closed on
Jan 7, 2020
Sold by
Professional Foreclosure Corp Of Va
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Bussey Robert Joesph $335,000 Attorney
Cascade Funding Mortgage Trust Hb1 -- None Available
Federal National Mortgage Association $177,506 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bussey Robert Joesph $318,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $335,000 0.0% $317 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $334,900 -4.3% $317 / Sq Ft
02/18/2021 02/18/21 For Sale $350,000 -- $331 / 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
2024 $1,833 $269,600 $156,000 $113,600
2023 $1,672 $269,600 $156,000 $113,600
2022 $1,672 $269,600 $156,000 $113,600
2021 $1,930 $253,900 $156,000 $97,900
2020 $1,930 $253,900 $156,000 $97,900
2019 $1,650 $253,900 $156,000 $97,900
2018 $1,549 $253,900 $156,000 $97,900
2017 -- $253,900 $156,000 $97,900
2016 $1,523 $253,900 $156,000 $97,900
2015 -- $260,900 $156,000 $104,900
2014 -- $0 $0 $0
2013 -- $260,900 $156,000 $104,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patricia Hense

    Residential Plus Realestate Services

    (301) 580-9035

    1 in this area

    6 Total Sales

    Patricia Hense
    Section Image
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Map

Source: Bright MLS

MLS Number: VAWE117852

Bright MLS

APN: 6F-1-1-29

Virginia Westmoreland County Colonial Beach 22443

1488 Monroe Bay Cir, Colonial Beach, VA

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