NOT LISTED FOR SALE

163 Cutspring Arch Williamsburg, VA 23185

New Town Neighborhood

Estimated Value: $295,000 - $333,000

2 Beds
2 Baths
1,565 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $236,000 $151 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,006/month

4 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Pond
  • Warhill High School Rated A-
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of June 2021

Open, light filled condo in the City of Williamsburg. Large full front porch that leads you into the home where you will find a cathedral ceiling and open floor plan. You walk into a spacious living room/dining area. A lovely four season room at the back of the home, looking out onto the patio you will see a small lake which is a perfect spot to curl up with a book or your morning cup of coffee. The first floor master suite is adjacent to the living area. The kitchen offers an eat in dining space. Upstairs is a loft space perfect for a home office, craft space, or family space. Also, on the second floor is a master suite with a full bathroom, a large walk-in closet, and a vaulted ceiling. There are ceiling fans throughout. Claiborne is a condominium neighborhood so you can take lawn care and exterior maintenance off your to-do list.

Last Agent to Sell the Property

Tom Coffey

KW Allegiance License #0225217088 Listed on: 05/20/2021

KW Allegiance

Co-Listed By

David Lassiter

Long & Foster Real Estate, Inc. License #0225247385

Last Buyer's Agent

Frank Hughes

BHHS RW Towne Realty LLC License #0225040856

BHHS RW Towne Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 2002

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Electric Fireplace
  • Sliding Doors
  • Formal Dining Room
  • Loft
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Parking Lot

Outdoor Features

  • Pond
  • Patio
  • Porch

Location

  • Interior Unit

Schools

  • Norge Elementary School
  • James Blair Middle School
  • Jamestown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 281-13-03-163

Community Details

Overview

  • Association fees include clubhouse, comm area maintenance, common area, exterior maintenance, landscaping, management fees, reserves, road maintenance, snow removal, yard maintenance
  • Property managed by Claiborne
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,166

Year Built

Built in 2002

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Restrictions: Subdiv Restrictions
  • Zoning: RM-1
  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: 2-Story
  • Structure: Frame
  • Price Per Finished Sq Ft: 150.80
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Electric Cooking, Range, Refrigerator, Stove Hood, Washer
  • Total Bathrooms: 2.00
  • County Or City: Williamsburg
  • Parcel Number: 281-13-03-163
  • Siding: Stone, Vinyl
  • SP/ Sq Ft: 150.80
  • Unit Placement: Interior Unit
  • Wall Type: Drywall
  • Water Type: Pond
  • Year Built Description: Actual
  • Total Sq Ft: 1565
  • Year Built: 2002
  • Special Features: None
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Number of Rooms: 6
  • Fireplace: Electric
  • Total Fireplaces: 1
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: Access Panel
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior: 9 Ft + Ceilings, Cathedral Ceiling, Countertops - Laminate, Dining Area, Dryer Hookup, Eat-In-Kitchen, Formal Dining Room, Loft, Pantry, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Patio, Porch, Sliding Doors
  • Roof: Composite

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 1
  • Parking: Open Lot

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Hot Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Community Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Area, Exercise Room, Lake/Pond, Maintenance Free, Professional Mgmt, Road Maintenance
  • Fee: 215.00
  • Fee Description: Condo Association
  • Fee Includes: Clubhouse, Comm Area Maintenance, Common Area, Exterior Maintenance, Landscaping, Management Fees, Reserves, Road Maintenance, Snow Removal, Yard Maintenance
  • Fee Period: Monthly

Schools

  • Elementary School: Norge
  • High School: Jamestown
  • Middle School: James Blair

Rental Info

  • Minimum Deposit: 1000

Multi Family

  • Management Firm: Claiborne

Tax Info

  • Annual Taxes: 1166.00
  • Tax Year: 2020

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 24, 2021
Sold by
Moore Alice G
Bought by
Gustave Rachel E
Seller's Agent
Tom Coffey
KW Allegiance
Buyer's Agent
Frank Hughes
BHHS RW Towne Realty LLC
List Price
$220,000
Sold Price
$236,000
Premium/Discount to List
$16,000
7.27%
Current Estimated Value
$312,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,718
Avg. Annual Appreciation
6.45%
Original Mortgage
$244,496
Outstanding Balance
$221,361
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$91,357
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gustave Rachel E $236,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustave Rachel E $244,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $236,000 +7.3% $151 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $220,000 -- $141 / 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 $1,839 $296,600 $12,000 $284,600
2023 $1,699 $274,000 $12,000 $262,000
2022 $1,541 $248,500 $0 $248,500
2021 $1,226 $204,400 $0 $204,400
2020 $1,166 $194,400 $0 $194,400
2019 $1,117 $186,100 $0 $186,100
2018 $1,061 $184,100 $0 $184,100
2017 $1,049 $182,100 $0 $182,100
2016 $990 $173,700 $0 $173,700
2015 $990 $186,600 $0 $186,600
2014 $990 $173,700 $0 $173,700
Source: Public Records

Agents Affiliated with this Home

  • Tom Coffey

    Seller's Agent in 2021

    Tom Coffey

    KW Allegiance

    (757) 236-0659

    2 in this area

    136 Total Sales

    Tom Coffey
    Section Image
  • David Lassiter

    Seller Co-Listing Agent in 2021

    David Lassiter

    Long & Foster

    (757) 342-6606

    4 in this area

    71 Total Sales

    David Lassiter
    Section Image
  • Frank Hughes

    Buyer's Agent in 2021

    Frank Hughes

    BHHS RW Towne Realty LLC

    (757) 532-6946

    5 in this area

    29 Total Sales

    Frank Hughes
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2102055

Williamsburg Multiple Listing Service

APN: 4007.099.365

Virginia Williamsburg County Williamsburg 23185 New Town

163 Cutspring Arch, Williamsburg, VA

Not Listed for Sale

MultiFamily

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