$275,000
SOLD DEC 12, 2024
2 Beds
2.5 Baths
1,240 Sq Ft
1997 Built

Recently Sold

$222 Per Sq Ft

4% Below List Price

62 Days on Market

Highlights

  • Contemporary Architecture
  • Attic
  • Community Pool
  • Ocean Lakes Elementary School Rated A-
  • Corner Lot
  • Bar

About This Home

As of December 2024

COZY AND CLEAN CONDO LOCATED IN CONVENIENT AREA NEAR OCEANA & DAM NECK BASES. CLOSE TO OCEANFRONT ALSO, GREAT SHOPPING & DINING IN THE RED MILL, DAM NECK & STRAWBRIDGE SHOPPING AREAS. GREAT SCHOOLS. FEATURES INCLUDE LIVING ROOM WITH GAS LOG FIREPLACE; DINING AREA; KITCHEN INCLUDES ALL APPLIANCES & BAR EATING AREA. 2 PRIMARY BEDROOMS. AMENITIES INCLUDE POOL, WATER, SEWAGE, AND TRASH.

Last Agent to Sell the Property

Adam Cary

RE/MAX Allegiance

RE/MAX Allegiance

Last Buyer's Agent

Charles Beeson

Wainwright Real Estate

Wainwright Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1997

Lot Details

  • Privacy Fence
  • Wood Fence
  • Corner Lot

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Ocean Lakes Elementary School
  • Corporate Landing Middle School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

Overview

  • Ileana Castillo Icastillo@Unitedproperyassociates.Com Association
  • Ocean Lakes Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1997

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Contemp
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: 75+
  • Master Model: No
  • Unit Description: 1 Living Lvl, Corner Unit
  • LP/ Sq Ft: 221.77
  • Neighborhood Name: WELLINGTON AT DAM NECK
  • Estimated Year Built: 1997
  • Association Legal Name: United Property Associates
  • Management Company: Ileana Castillo- icastillo@unitedproperyassociates.com
  • Address Street Name Website: Cottenham
  • Address Street Num Website: 1632
  • Address Website: 1632 Cottenham LN
  • Fees Condo Monthly: 290
  • Fence: Yes
  • Market Time: 67
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Interior Amenities: Bar, Fireplace Gas-natural, Scuttle Access, Walk-In Attic
  • Fireplaces Number: 1
  • Equipment: Cable Hookup, Ceiling Fan
  • Flooring Type: Carpet, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • First Floor Bedroom/Full Bathrooms: No
  • Other Rooms: Attic, PBR with Bath
  • Appliances: Dishwasher, Dryer, Elec Range, Refrigerator, Washer
  • Stories Number: 2.0000
  • Estimated Sq Ft: 1240

Exterior Features

  • Exterior Features: Patio, Storage Shed
  • Exterior Siding: Vinyl
  • Fence Description: Privacy, Wood Fence
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: None

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air, Heat Pump
  • Heating: Nat Gas

Condo/Co-op/Association

  • Condo Level: 1
  • Amenities COA/POA: Ground Maint, Pool, Sewer, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Schools

  • Elementary School: Ocean Lakes Elementary
  • Middle School: Corporate Landing Middle

Lot Info

  • Waterfront YN: No
  • Zoning: A12

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2082

MLS Schools

  • Elementary School: Ocean Lakes Elementary
  • School High School: Other High School
  • Middle School: Corporate Landing Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 11, 2024
Sold by
Knight Diana C
Bought by
Min David
Seller's Agent
Adam Cary
RE/MAX Allegiance
Buyer's Agent
Charles Beeson
Wainwright Real Estate
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Total Days on Market
62
Views
100
Current Estimated Value
$276,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,094
Avg. Annual Appreciation
0.65%
Original Mortgage
$237,865
Outstanding Balance
$237,452
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$38,367

Map

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 Type Sale Price Title Company
Deed $275,000 None Listed On Document
Deed $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,865 VA
Closed $237,865 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $275,000 0.0% $222 / Sq Ft
10/28/2024 10/28/24 Price Changed $275,000 -3.5% $222 / Sq Ft
10/10/2024 10/10/24 For Sale $285,000 -- $230 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $2,145 $221,100 $85,000 $136,100
2023 $2,082 $210,300 $65,000 $145,300
2022 $1,862 $188,100 $65,000 $123,100
2021 $1,743 $176,100 $59,600 $116,500
2020 $1,727 $169,700 $59,600 $110,100
2019 $1,685 $158,900 $59,600 $99,300
2018 $1,593 $158,900 $59,600 $99,300
2017 $1,499 $149,500 $59,600 $89,900
2016 $1,468 $148,300 $59,600 $88,700
2015 $1,506 $152,100 $63,400 $88,700
2014 $1,403 $150,900 $63,400 $87,500
Source: Public Records

Source: Real Estate Information Network (REIN)

MLS Number: 10554394

Real Estate Information Network (REIN)

APN: 2415-64-6962-2632