NOT LISTED FOR SALE

1601 Promenade Ln Williamsburg, VA 23185

West Williamsburg Neighborhood

Estimated Value: $322,000 - $328,000

2 Beds
2 Baths
1,226 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $243,000 $198 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,107/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Transitional Architecture
  • Berkeley Middle School Rated A-
  • Clubhouse
  • Front Porch

About This Home

As of March 2019

Williamsburgs newest condominium community. The allegro model - 1 living level featuring 2 bedrooms, 2 full bathrooms, living room, dining room, kitchen with breakfast nook & laundry closet. Including a covered front porch located outside of the entry door & a back patio. You can purchase an optional privacy fence or screened porch to enclose the patio. Along with amenities including pool, bark park with washing station, clubhouse with demonstration kitchen, work out room, garden grid & park. Located just off of 199 minutes from colonial Williamsburg, the college of W&M, access to I-64, Busch Gardens & so much more.

Last Agent to Sell the Property

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 01/10/2019

RE/MAX Capital

Last Buyer's Agent

Joshua Bowen

Jamestown Realty Group, LLC License #0225196140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 2018

Lot Details

  • 2,309

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Home to be built
  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • No Attic
  • Fire and Smoke Detector
  • Stacked Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Schools

  • Laurel Lane Elementary School
  • Berkeley Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Circulator
  • Electric Water Heater

Community Details

Overview

  • $444 Additional Association Fee
  • Association fees include clubhouse, comm area maintenance, exterior maintenance, pool, recreational facilities, trash removal, yard maintenance, landscaping
  • Association Phone (757) 345-6400
  • Property managed by ASSOCIO COMMUNITY GROUP

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,890

Year Built

Built in 2018

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 198.21
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Microwave, Smoke Alarm, Stove, Stove Hood, Wall Oven, Range
  • Total Bathrooms: 2.00
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Brick, Vinyl
  • SP/ Sq Ft: 198.21
  • Wall Type: Drywall
  • Year Built Description: To Be Built
  • Property Subtype2: Attached
  • Total Sq Ft: 1226
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Number of Rooms: 5
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Interior: 9 Ft + Ceilings, Other, Countertops - Laminate, Dining Area, Double Vanity, Dryer Hookup, Eat-In-Kitchen, Pantry, Recessed Lighting, Stack Wshr/Dryer Hookup, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Insulated Doors, Porch, Sliding Doors, Front Porch, Patio
  • Pool Description: In Ground, Outdoor
  • Roof: Asphalt Shingle, Wood Shingle

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 1
  • Parking: Off Street, Paved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric, Recirculating

Condo/Co-op/Association

  • Additional Fee: 444.00
  • Additional Fee Description: CAPITOL CONTRIBUTION 3 MONTHS OF HOA FEES
  • Amenities: Clubhouse, Common Area, Other, Exercise Room, Maintenance Free, Picnic Area, Pool, Professional Mgmt
  • Fee: 148.00
  • Fee Description: Condo Association
  • Fee Includes: Clubhouse, Comm Area Maintenance, Exterior Maintenance, Pool, Recreational Facilities, Trash Removal, Yard Maintenance, Landscaping
  • Fee Period: Monthly

Schools

  • Elementary School: Laurel Lane
  • Middle School: Berkeley
  • High School: Lafayette
  • Elementary School: Laurel Lane
  • High School: Lafayette
  • Middle School: Berkeley

Multi Family

  • Management Firm: ASSOCIO COMMUNITY GROUP
  • Management Phone: 757-345-6400

Tax Info

  • Annual Taxes: 1890.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 10, 2019
Sold by
Franciscus At Promenade Llc
Bought by
Chase Katherine M
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Joshua Bowen
Jamestown Realty Group, LLC
List Price
$234,990
Sold Price
$243,000
Premium/Discount to List
$8,010
3.41%
Current Estimated Value
$324,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,345
Avg. Annual Appreciation
4.62%
Original Mortgage
$145,800
Outstanding Balance
$128,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$195,799
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
Chase Katherine M $243,000 1St Virginia Title & Escr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Katherine M $145,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $243,000 +3.4% $198 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $234,990 -- $192 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,196 $281,500 $62,400 $219,100
2023 $2,196 $235,200 $60,000 $175,200
2022 $1,952 $235,200 $60,000 $175,200
2021 $1,798 $214,100 $50,000 $164,100
2020 $1,798 $214,100 $50,000 $164,100
2019 $1,746 $207,800 $50,000 $157,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shelly Taylor

    RE/MAX

    (757) 871-5768

    44 in this area

    253 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Joshua Bowen

    Jamestown Realty Group, LLC

    (757) 503-5518

    21 in this area

    73 Total Sales

    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1900114

Williamsburg Multiple Listing Service

APN: 48-1 25-0-1601

Virginia James City County Williamsburg 23185 West Williamsburg

1601 Promenade Ln, Williamsburg, VA

This home is located at 1601 Promenade Ln, Williamsburg, VA 23185 since 10 January 2019 and is currently estimated at $324,499, approximately $264 per square foot. This property was built in 2018. 1601 Promenade Ln is a home located in James City County with nearby schools including Laurel Lane Elementary School, Berkeley Middle School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Williamsburg Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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