$374,000
SOLD NOV 24, 2020

16381 Red Bank Ln Melfa, VA 23410

3 Beds
3 Baths
2,750 Sq Ft
3 Acres

Recently Sold

$136 Per Sq Ft

348 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Multiple Garages
  • Bayside
  • Spa
  • 3 Acre Lot
  • Deck

About This Home

As of May 2023

Custom built executive Ranch on large lot in the private waterfront community of Red Bank. The home includes two master bedrooms with large private baths, one with an oversized whirlpool tub and the third bedroom has a private entrance into the guest bath. The split bedroom floor plan has 9-foot ceilings throughout most of the home with 12-foot ceilings in living room. The home has an attached two car garage along with a 32' x 28' shop with one garage bay that has central air and gas heat. The perfect place for a craftsman, mechanic or the ultimate man cave. The property also includes a 16' x 20' tool shed with a large attached dog pen with 6' chain link fencing. Owners have the use of the waterfront community common areas that include parking, picnic area and private pier with boat slips

Last Agent to Sell the Property

James Reuben Reynolds, Sr

DOCKSIDE PROPERTIES License #0225204212 Listed on: 12/11/2019

Last Buyer's Agent

James Reuben Reynolds, Sr

DOCKSIDE PROPERTIES License #0225204212 Listed on: 12/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1995

Lot Details

  • 3 Acre Lot
  • Partially Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • Garage
  • Multiple Garages
  • Open Parking

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Deck
  • Enclosed patio or porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Pungoteague Elementary School
  • Nandua Middle School
  • Nandua High School

Utilities

  • Central Air
  • Heat Pump System
  • 400 Amp
  • Irrigation Water Rights
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Bayside

Community Details

  • Red Bank Association
  • Red Bank Subdivision

Listing and Financial Details

  • Tax Lot 29
  • $266,800 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 1995

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Lot Size: 3 Acres
  • Water Body Name: Pungoteague
  • Subdivision Name: Red Bank
  • Directions: From route 13 take Market Street (Route 179)1.5 miles, turn left onto Hill Street. Drive approximately 1.2 miles and take a left Savageville Road, drive approximately 3.1 miles to Red Bank Lane. Turn left onto Red Bank Lane and drive .8 miles. The home will be on your right.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1995
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Gas Water Heater, Range, Dishwasher, Range Hood, Washer, Microwave, Refrigerator, Dryer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Entry Location: First
  • Fireplace Features: One Fireplace, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Hardwood
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Vaulted Ceiling(s), Dining Room
  • Living Area: 2750
  • Window Features: Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: First
  • Dining Room Features: Dining Area, Eat-in Kitchen, Dining Room
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 219.9167
  • Room Bedroom2 Area: 187.8333
  • Room Living Room Area: 380.25
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 275.3333
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 220.5

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Waterfront Features: Deed Water Rights, Moderate Depth, Water Access-Private, Water Access, Bayside, Deeded Access
  • Disclosures: HOA Disclosure
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Block
  • Other Structures: Shed/Barn, Workshop
  • Patio And Porch Features: Enclosed, Deck, Porch
  • Property Condition: 15-30 yrs +/-
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Garage, Multi- Car, Attached, Detached, Paved

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s), Security Lights
  • Cooling: Heat Pump, Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Amps: 400
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 325
  • Association Fee Frequency: Annually
  • Association Name: Red Bank
  • Association: Yes

Schools

  • Elementary School: Pungoteague
  • High School: Nandua
  • Middle Or Junior School: Nandua

Lot Info

  • Lot Size Sq Ft: 130680
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2009 02024
  • Tax Lot: 29
  • Tax Map Number: 91-11-29
  • Tax Other Annual Assessment Amount: 266800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 15, 2023
Sold by
Peter John G
Bought by
Reynik Christopher D and Reynik Christopher D Special N
Seller's Agent
Meghan Oliver Clarkson
LONG & FOSTER CHINCOTEAGUE
Buyer's Agent
Catherine D. Stinson
Weichert, Realtors Mason - Davis
List Price
$415,000
Sold Price
$450,000
Premium/Discount to List
$35,000
8.43%
Views
40
Current Estimated Value
$486,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,735
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Dec 11, 2019
Closed on
Nov 13, 2020
Sold by
Chiang Chih H and Chiang Sherry F
Bought by
Peter Gerry J
Seller's Agent
James Reuben Reynolds, Sr
DOCKSIDE PROPERTIES
Buyer's Agent
James Reuben Reynolds, Sr
DOCKSIDE PROPERTIES
List Price
$374,000
Sold Price
$374,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$224,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Chiang John K M
Bought by
Chiang Chih H and Chiang Sherry F
Source: Public Records

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Range of Values:

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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 $450,000 --
Grant Deed $374,000 Old Republic Nat L Title Ins
Grant Deed $240,000 Other
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $450,000 +8.4% $169 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $415,000 +11.0% $156 / Sq Ft
11/24/2020 11/24/20 Sold $374,000 0.0% $136 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $374,000 0.0% $136 / Sq Ft
10/31/2018 10/31/18 Rented $1,500 0.0% --
10/30/2018 10/30/18 Under Contract -- -- --
09/10/2018 09/10/18 For Rent $1,500 +7.1% --
12/08/2017 12/08/17 Rented $1,400 0.0% --
11/08/2017 11/08/17 Under Contract -- -- --
07/23/2017 07/23/17 For Rent $1,400 -- --
Source: Eastern Shore 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 $1,897 $392,000 $35,500 $356,500
2023 $1,918 $322,300 $33,500 $288,800
2022 $1,918 $322,300 $33,500 $288,800
2021 $1,732 $284,000 $33,500 $250,500
2020 $1,732 $284,000 $33,500 $250,500
2019 $1,627 $266,800 $33,500 $233,300
2018 $1,627 $266,800 $33,500 $233,300
2017 $1,660 $272,100 $33,500 $238,600
2016 $1,660 $272,100 $33,500 $238,600
2015 $1,609 $277,400 $33,500 $243,900
2014 $1,609 $277,400 $33,500 $243,900
2013 -- $283,900 $33,500 $250,400
Source: Public Records

Agents Affiliated with this Home

  • Meghan Oliver Clarkson

    Seller's Agent in 2023

    Meghan Oliver Clarkson

    LONG & FOSTER CHINCOTEAGUE

    (757) 894-0798

    5 in this area

    721 Total Sales

    Meghan Oliver Clarkson
    Section Image

  • C

    Buyer's Agent in 2023

    Catherine D. Stinson

    Weichert, Realtors Mason - Davis

    (757) 288-4144

    1 in this area

    25 Total Sales

    Catherine D. Stinson
    Section Image

  • J

    Seller's Agent in 2020

    James Reuben Reynolds, Sr

    DOCKSIDE PROPERTIES

    (757) 894-3139

    1 in this area

    28 Total Sales

    James Reuben Reynolds, Sr
    Section Image
  • Nancy James

    Buyer's Agent in 2017

    Nancy James

    Weichert, Realtors Mason - Davis

    (757) 787-1048

    5 in this area

    49 Total Sales

    Nancy James
    Section Image
See All Agents

Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 50944

APN: 091-00-11-00-0029-00

Virginia Accomack County Melfa 23410

16381 Red Bank Ln, Melfa, VA

This home is located at 16381 Red Bank Ln, Melfa, VA 23410 and is currently priced at $374,000, approximately $136 per square foot. This property was built in 1995. 16381 Red Bank Ln is a home located in Accomack County with nearby schools including Pungoteague Elementary School, Nandua Middle School, and Nandua High School.

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