NOT LISTED FOR SALE

1568 Monroe Bay Cir Colonial Beach, VA 22443

Estimated Value: $400,000 - $472,678

3 Beds
1.5 Baths
1,508 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $350,000 $232 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,539/month

Highlights

  • 60 Feet of Waterfront
  • 3 Dock Slips
  • Fishing Allowed
  • Montross Middle School Rated 9+
  • Pier
  • Bay View

About This Home

As of May 2021

Custom-built waterfront home with gorgeous view of Monroe Bay and the Potomac River. Have fun boating, swimming, fishing, and more! Property comes with a Summer House aka Crab Shack overlooking the water and features a large deck, brick fireplace, electricity and water access. Great for entertaining and best seat in the house for watching the 4th of July fireworks! Long private pier conveys with 2 boat slips in deep water but plenty of room for ski boats closer to shore. Chill and grill on the large deck and patio off the back of the house. Large level front and back yards. Home features 3 large bedrooms with 1.5 baths. Wood stove with beautiful brick surround in living room. Spacious kitchen and dining room. This house could be a perfect primary home where you can enjoy the water all year long or a second home for long weekend getaways. It could also be a perfect investment opportunity --lease it out and you have immediate equity....full time tenants or maybe an Airbnb! Stroll the boardwalk , browse the specialty shops, and enjoy the waterfront restaurants in the gulf cart town of Colonial Beach directly across the Bay. Commute to Fredericksburg (40 min), Dahlgren (15 min), Southern Maryland, Montross, King George, Quantico , and Fort AP Hill. Located just 90 minutes from Washington DC or Richmond. Property may need a little updating, but has loads of potential and so many possibilities! Property being sold in as-is condition. All items convey as-is. Do not walk on dock - some boards are missing. Tax records do not show year house was built. It is believed to be 1975 but needs verification.

Last Agent to Sell the Property

Michele Harlow

(703) 489-6649 Michele@micheleharlow.com Samson Properties License #0225201853 Listed on: 04/30/2021

Samson Properties

Last Buyer's Agent

Megan Porter

(956) 271-3018 mporte25@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #0225240782

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Lot Details

  • 10,000 Sq Ft Lot
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned RS

Property Views

  • Bay
  • River

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,508 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Carpet

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • 3 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 6F 1 1 22

Community Details

Overview

  • No Home Owners Association
  • Monroe Bay Estates Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Icemaker, Oven/Range - Electric, Dryer, Washer, Microwave, Range Hood, Water Heater, Disposal
  • Interior Amenities: Ceiling Fan(s), Carpet, Entry Level Bedroom, Family Room Off Kitchen, Window Treatments, Stove - Wood, Built-Ins
  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Full Bath, Half Bath
  • Basement: No
  • Total Sq Ft: 1508
  • Living Area Sq Ft: 1508
  • Price Per Sq Ft: 232.10
  • Above Grade Finished Sq Ft: 1508
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • View: Bay, River, Water
  • Water Access Features: Private Access, Swimming Allowed, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Waterski/Wakeboard, Canoe/Kayak
  • 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: 60

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Private
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Community, Well
  • Internet Services: Broadband

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: 136600.00
  • Land Assessed Value: 156000.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19753236
  • Tax Annual Amount: 1814.00
  • Assessor Parcel Number: 6F 1 1 22
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 26, 2021
Sold by
Todd Wilmer F
Bought by
Padgett Stephen L and Padgett Michelle L
Seller's Agent
Michele Harlow
Samson Properties
Buyer's Agent
Megan Porter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$449,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,920
Avg. Annual Appreciation
5.85%
Original Mortgage
$315,000
Outstanding Balance
$285,636
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$164,284
Source: Public Records

Range of Values:

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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
Padgett Stephen L $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett Stephen L $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $350,000 0.0% $232 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $350,000 -- $232 / 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 $2,225 $327,200 $156,000 $171,200
2023 $2,029 $327,200 $156,000 $171,200
2022 $2,029 $327,200 $156,000 $171,200
2021 $2,224 $292,600 $156,000 $136,600
2020 $2,224 $292,600 $156,000 $136,600
2019 $1,902 $292,600 $156,000 $136,600
2018 $1,785 $292,600 $156,000 $136,600
2017 -- $292,600 $156,000 $136,600
2016 $1,756 $292,600 $156,000 $136,600
2015 -- $302,600 $156,000 $146,600
2014 -- $0 $0 $0
2013 -- $302,600 $156,000 $146,600
Source: Public Records

Agents Affiliated with this Home

  • Michele Harlow

    Seller's Agent in 2021

    Michele Harlow

    Samson Properties

    (703) 489-6649

    5 in this area

    22 Total Sales

    Michele Harlow
    Section Image
  • Megan Porter

    Buyer's Agent in 2021

    Megan Porter

    BHHS PenFed (actual)

    (956) 271-3018

    70 in this area

    130 Total Sales

    Megan Porter
    Section Image
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Map

Source: Bright MLS

MLS Number: VAWE118312

Bright MLS

APN: 6F-1-1-22

Virginia Westmoreland County Colonial Beach 22443

1568 Monroe Bay Cir, Colonial Beach, VA

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