NOT LISTED FOR SALE

1583 Royal Way Montross, VA 22520

Estimated Value: $516,000 - $884,000

3 Beds
2.5 Baths
2,000 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $510,000 $255 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,617/month

93 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Home fronts navigable water
  • 1 Boat Dock
  • Pier
  • Private Beach

About This Home

As of August 2013

Welcome to Cabin Point on the Potomac River. Breathtaking 5 mile wide water views. 75 ft sandy beach and 250 ft river frontage at the property. Voluntary HOA with 3 private beaches, 2 boat ramps, club house & pool. 9 ft ceilings t/o & 4 car garage. Expandable unfinished space in upper level. Fp with gas logs. Screened-in porch & 20 X 28 deck. Heavy duty boat lift and jet ski lift.

Last Agent to Sell the Property

Cheryl Saunders

Johnson & Glazebrook License #0225028984 Listed on: 04/17/2013

Co-Listed By

Rebecca Glazebrook

Johnson & Glazebrook

Last Buyer's Agent

Barbara LeFon

Rivah Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Private Beach
  • Property is in very good condition

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Sliding Doors
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • River Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pier
  • Water Access
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 2867

Community Details

Overview

  • 50799299 0412

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 2002

Lot Details

0

HOA Fees

$27 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Master Bath(s), Window Treatments, Floor Plan - Open
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 262.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Private Beach
  • Roof: Shingle
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: POTOMAC RIVER
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 320.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Common Grounds, Picnic Area, Pier/Dock, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 295700.00
  • Land Assessed Value: 268300.00
  • Lot Features: Rip-Rapped
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2010

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19758864
  • Tax Annual Amount: 2594.40
  • Assessor Parcel Number: 2867
  • Tax Lot: 29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 08/23/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
Aug 21, 2013
Sold by
Dorman Jeffrey A and Dorman Vicky R
Bought by
Sullivan Michael R
Seller's Agent
Cheryl Saunders
Johnson & Glazebrook
Buyer's Agent
Barbara LeFon
Rivah Realty, LLC
List Price
$545,000
Sold Price
$510,000
Premium/Discount to List
-$35,000
-6.42%
Total Days on Market
93
Current Estimated Value
$778,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,978
Avg. Annual Appreciation
2.45%
Original Mortgage
$260,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sullivan Michael R $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michael R $237,000
Closed Sullivan Michael R $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $510,000 -2.9% $255 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
07/12/2013 07/12/13 Price Changed $525,000 -3.7% $263 / Sq Ft
04/17/2013 04/17/13 For Sale $545,000 -- $273 / 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 $4,141 $608,900 $238,300 $370,600
2023 $4,000 $608,900 $238,300 $370,600
2022 $3,775 $608,900 $238,300 $370,600
2021 $3,970 $522,400 $238,300 $284,100
2020 $3,970 $522,400 $238,300 $284,100
2019 $3,396 $522,400 $238,300 $284,100
2018 $3,187 $522,400 $238,300 $284,100
2017 -- $522,400 $238,300 $284,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003459430

Bright MLS

APN: 25B2-1-29A