NOT LISTED FOR SALE

166 Placid Rd Colonial Beach, VA 22443

Estimated Value: $493,000 - $549,599

3 Beds
3 Baths
3,675 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $475,000 $129 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,934/month

11 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Fishing Allowed
  • Montross Middle School Rated 9+
  • Second Kitchen
  • River View

About This Home

As of August 2024

Remarkable rambler with fully finished basement backing to Placid Lake! Expansive views of the water from the all sides including Primary bedroom, living room or off the massive rear deck. This home boasts updated bathrooms and kitchen. Hardwood floors throughout main level. Wood inlay vaulted ceilings compliments the open floorplan. Full basement with in-law suite includes kitchen and full bath. Propane fed backup generator. Attached two car garage and additional two car detached garage allows plenty of room for storage and parking the toys. Don't miss this waterfront dream home, see 3D virtual tour!

Last Agent to Sell the Property

Wade Caple

(540) 424-2141 wade.caple@longandfoster.com Long & Foster Real Estate, Inc. License #0225070987 Listed on: 07/19/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Janis Carter

(301) 335-3149 jnerocarter@gmail.com Taylor Properties License #650959

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • 50 Feet of Waterfront
  • Property is zoned R1

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • River
  • Lake

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Wood Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Casement Windows
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Property is near a lake
  • Balcony
  • Deck

Schools

  • Washington & Lee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • No Home Owners Association
  • Placid Bay Estates Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Exhaust Fan, Refrigerator, Dryer - Electric, Washer, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Bay Front, Walk-In Closet(s), Wood Floors
  • Window Features: Casement
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Vaulted Ceilings, Wood Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Improved, Connecting Stairway, Daylight, Full, Fully Finished, Walkout Level
  • Total Sq Ft: 3750
  • Living Area Sq Ft: 3675
  • Price Per Sq Ft: 253.33
  • Above Grade Finished Sq Ft: 1875
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 75
  • Total Below Grade Sq Ft: 1875
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • View: Water, River, Lake
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: WASHINGTON & LEE

Lot Info

  • Lot Features: Fishing Available
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16102.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1200.00
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 1999

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 29, 2024
Sold by
Bayes Cynthia G
Bought by
Smith Slade S
Seller's Agent
Wade Caple
Long & Foster Real Estate, Inc.
Buyer's Agent
Janis Carter
Taylor Properties
List Price
$475,000
Sold Price
$475,000
Views
148
Current Estimated Value
$517,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,400
Avg. Annual Appreciation
7.08%
Original Mortgage
$451,250
Outstanding Balance
$446,459
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$70,941

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 27, 2017
Sold by
Miles Tran D
Bought by
Bayes Cynthia G
Seller's Agent
Kandy Moore
Realty Management Group
Buyer's Agent
Wade Caple
Long & Foster Real Estate, Inc.
List Price
$259,900
Sold Price
$234,000
Premium/Discount to List
-$25,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Jenkins Kevin and Miles Tran D
Bought by
Miles Tran D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Slade S $475,000 Clear Title & Escrow Settlemen
Bayes Cynthia G $234,000 Multiples
Miles Tran D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Slade S $451,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $475,000 0.0% $129 / Sq Ft
07/19/2024 07/19/24 For Sale $475,000 +103.0% $129 / Sq Ft
08/31/2017 08/31/17 Sold $234,000 -10.0% $64 / Sq Ft View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $259,900 0.0% $71 / Sq Ft
07/25/2016 07/25/16 Rented $1,500 0.0% --
07/13/2016 07/13/16 Under Contract -- -- --
06/20/2016 06/20/16 For Rent $1,500 -- --
Source: Bright MLS

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 $2,520 $370,600 $42,000 $328,600
2023 $2,298 $370,600 $42,000 $328,600
2022 $2,298 $370,600 $42,000 $328,600
2021 $2,272 $299,000 $42,000 $257,000
2020 $2,272 $299,000 $42,000 $257,000
2019 $1,944 $299,000 $42,000 $257,000
2018 $1,746 $286,300 $42,000 $244,300
2017 -- $286,300 $42,000 $244,300
2016 $1,718 $286,300 $42,000 $244,300
2015 -- $305,500 $51,000 $254,500
2014 -- $0 $0 $0
2013 -- $305,500 $51,000 $254,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2007044

Bright MLS

APN: 10C-8-3-5