NOT LISTED FOR SALE

16384 Red Bank Ln Melfa, VA 23410

Estimated Value: $487,000 - $505,426

4 Beds
3.5 Baths
3,358 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $286,000 $85 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,917/month

741 Days on Market

Highlights

  • Water Access
  • 3.08 Acre Lot
  • Deck
  • Spa
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2019

Timeless home in prestigious Red Bank! Pleasing and elegant floor plan with all formal rooms, plus additional office. Spacious eat-in kitchen with indoor grill. Enjoy an inviting family room with a wood burning fireplace with brick surround. Gleaming wood floors! Master with shower, jetted tub, dual cedar walk-in closets. Plentiful closets spaces. Enjoy a wonderful dock right in your neighborhood for fishing and crabbing or take your boat to the plentiful local boat ramps on Virginia's Eastern Shore!

Last Agent to Sell the Property

Kris Weaver

ATLANTIC SOTHEBY'S INTERNATIONAL REALTY Listed on: 11/23/2016

Last Buyer's Agent

Kris Weaver

ATLANTIC SOTHEBY'S INTERNATIONAL REALTY Listed on: 11/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1996

Lot Details

  • 3.08

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,358 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Water Access
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • 3.08 Acre Lot

Community Details

  • Red Bank Association
  • Red Bank Subdivision

Listing and Financial Details

  • Tax Lot 1
  • $301,600 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,840

Year Built

Built in 1996

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.08
  • Lot Size: 3.08
  • Water Body Name: Pungoteague
  • Subdivision Name: Red Bank
  • Directions: Route 13 take Market Street (Route 179)1.5 miles, L onto Hill Street. 1.2 miles then L on Savageville Road. Then 3.1 miles to Red Bank Lane. Turn left onto Red Bank Lane, 1st home on left, no sign.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Kitchen Level: First
  • RoomBedroom1Level: Second
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Entry Location: First
  • Fireplace Features: One Fireplace, Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: Walk-In Closet(s), Dining Room
  • Living Area: 3358
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 223.1319
  • Dining Room Features: Breakfast Area, Eat-in Kitchen, Bar
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 138.9028
  • Room Bedroom2 Area: 173.5417
  • Room Living Room Area: 206.5972
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 396.6667
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 166.2778
  • Room Family Room Area: 262.0833

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Waterfront Features: Water Access-Public, Moderate Depth, Access To Water
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space, Brick/Mortar
  • Patio And Porch Features: Deck
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition, Age 10 yrs +/-

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Two Car, Attached, Garage Door Opener, Paved
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard, Wood
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Community Amenities
  • Association Fee: 200
  • 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: 134164.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1840
  • Tax Book Number: 93
  • Tax Lot: 1
  • Tax Map Number: 91-7-1
  • Tax Other Annual Assessment Amount: 301600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Feb 1, 2019
Sold by
Milbourne Bernard B and Milbourne Lillie D
Bought by
Walker Markita and Walker Tyrel Douglas
Seller's Agent
Kris Weaver
ATLANTIC SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kris Weaver
ATLANTIC SOTHEBY'S INTERNATIONAL REALTY
List Price
$369,500
Sold Price
$286,000
Premium/Discount to List
-$83,500
-22.6%
Current Estimated Value
$496,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,213
Avg. Annual Appreciation
8.75%
Original Mortgage
$280,819
Outstanding Balance
$252,605
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$243,608
Source: Public Records

Range of Values:

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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
Walker Markita $286,000 Rocket Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Markita $280,819
Closed Walker Markita $280,819
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $286,000 -22.6% $85 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/23/2016 11/23/16 For Sale $369,500 -- $110 / Sq Ft
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
2025 $2,350 $440,000 $35,900 $404,100
2024 $2,130 $440,000 $35,900 $404,100
2023 $1,952 $328,000 $33,800 $294,200
2022 $1,952 $328,000 $33,800 $294,200
2021 $1,922 $315,100 $33,800 $281,300
2020 $1,922 $315,100 $33,800 $281,300
2019 $1,800 $295,100 $33,800 $261,300
2018 $1,800 $295,100 $33,800 $261,300
2017 $1,840 $301,600 $33,800 $267,800
2016 $1,840 $301,600 $33,800 $267,800
2015 $1,788 $308,200 $33,800 $274,400
2014 $1,788 $308,200 $33,800 $274,400
2013 -- $316,100 $33,800 $282,300
Source: Public Records

Agents Affiliated with this Home

  • Kris Weaver

    Seller's Agent in 2019

    Kris Weaver

    ATLANTIC SOTHEBY'S INTERNATIONAL REALTY

    (757) 340-5555

    973 Total Sales

    Kris Weaver
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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 44613

APN: 091-00-07-00-0001-00

Virginia Accomack County Melfa 23410

16384 Red Bank Ln, Melfa, VA

This home is located at 16384 Red Bank Ln, Melfa, VA 23410 since 23 November 2016 and is currently estimated at $496,213, approximately $147 per square foot. This property was built in 1996. 16384 Red Bank Ln is a home located in Accomack County with nearby schools including Pungoteague Elementary School, Nandua Middle School, and Nandua 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.

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