NOT LISTED FOR SALE

157 Otter Cove Ln Kilmarnock, VA 22482

Estimated Value: $689,000 - $777,000

3 Beds
3 Baths
2,478 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $690,000 $278 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,132/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River View
  • Wood Burning Stove
  • Pier or Dock
  • Deck
  • Ranch Style House

About This Home

As of October 2021

Bring your boat- 5'+MLW- DEEP protected cove off of Dividing Creek- This Beautiful 3 bedroom -3 full bath home is situated on 1.95 Acres with water views from all sides. This elevated point lot does not require flood Insurance. Completely renovoted ktichen and two bathrooms. New HVAC, Open floor plan -one level living at its finest with finished basement as a bonus. Sit out on your screened in porch and enjoy the breeze and peaceful setting. Wonderful dock with new boat lift (10,000lb) Rip Rap, Firepit, detached 2 car garage- great cove for kayaks, paddle boards, fishing, crabbing- Rivah Life! This Gem wont last long.

Last Agent to Sell the Property

Debbie Price

Price Properties Listed on: 07/05/2021

Last Buyer's Agent

Mike Hogan

The Hogan Group Real Estate License #0225093823

The Hogan Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1981

Lot Details

  • 1.95 Acre Lot
  • River Front
  • Zoning described as R 1

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 2,478 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Window Treatments
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Screened Porch
  • River Views
  • Basement

Kitchen

  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 51 1 130A

Community Details

Overview

  • No Home Owners Association
  • Cobbs Hall Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,447

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.95
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Cobbs Hall
  • Directions: From Town of Kilmarnock take Rt200 E Church Street 1.8 miles turn right on Ditchley Rd Rt607,Take first left -Apple Grove Rt 669, take 2nd right on Cobbs Hall, take first right on Otters Cove - driveway on right - 157.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1981
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Convection Oven, Washer, Microwave, Dishwasher, Range, Wine Cooler, Dryer, Refrigerator, Wall Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 464
  • Fireplace Features: Wood Burning Stove, Family Room
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Vinyl, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Cathedral/Vaulted/Tray Ceilings, Fireplace
  • Living Area: 2478
  • Main Level Bedrooms: 3
  • Window Features: Skylight(s), Window Treatments
  • Room Bedroom2 Level: Main
  • Dining Room Features: Great Room Combination
  • Living Room Living Room Level: Main
  • Room Family Room Level: Main
  • Room Bedroom3 Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Deeded Water Rights, 1-1.9 acres, 2-4.9 acres
  • View: River/Creek View
  • View: Yes
  • Waterfront Features: River/Creek Front, Pier/Dock
  • Waterfront: Yes
  • Construction Type: Wood Siding, Sheetrock Walls
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened Porch
  • Roof: Age Unknown

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached, Stone Driveway

Utilities

  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 84942
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: DB-2015-1613
  • Tax Map Number: 51 1 130A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2016
Closed on
Jan 6, 2017
Sold by
Messick Richard L
Bought by
Baldwin Michael S
Seller's Agent
Beverly Shultz
Long & Foster Real Estate
Buyer's Agent
Joe R. Hunt
Liz Moore & Associates
List Price
$39,900
Sold Price
$379,000
Premium/Discount to List
$339,100
849.87%
Current Estimated Value
$722,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,340
Avg. Annual Appreciation
7.38%
Original Mortgage
$303,200
Outstanding Balance
$253,160
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$445,243
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
Baldwin Michael S $379,000 Fidelity Nat L Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Michael S $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $690,000 0.0% $278 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $690,000 +82.1% $278 / Sq Ft
01/31/2017 01/31/17 Sold $379,000 +849.9% $153 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $39,900 -- $16 / Sq Ft
Source: Northern Neck Association of REALTORS®

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 $2,447 $370,700 $109,500 $261,200
2023 $2,780 $370,700 $109,500 $261,200
2022 $2,012 $329,900 $109,500 $220,400
2021 $2,012 $329,900 $109,500 $220,400
2020 $1,946 $329,900 $109,500 $220,400
2019 $2,262 $383,400 $133,800 $249,600
2018 $2,147 $383,400 $133,800 $249,600
2017 $2,154 $384,600 $135,000 $249,600
2016 $2,077 $384,600 $135,000 $249,600
2015 -- $384,600 $135,000 $249,600
2014 -- $384,600 $135,000 $249,600
2013 -- $463,600 $180,000 $283,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 110602

APN: 51-0-1-0-130-A