NOT LISTED FOR SALE

16996 Kings Hwy Montross, VA 22520

Estimated Value: $249,000 - $269,000

3 Beds
1 Bath
1,152 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $153,000 $133 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,516/month

47 Days on Market

Highlights

  • Cottage
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of August 2020

Picture perfect 3 bedroom cottage with tons of charm on a 1/2 acre, wooded lot. Enjoy friends and family with the spacious front porch. Hardwood floors throughout. Sunny living room with a cozy wood-burning fireplace. Upgraded kitchen with stainless steel appliances. Lower level recreation room. This beauty has character with crown molding, chair railing, and built-ins. Laundry/mudroom. Storage shed. Extra-long driveway. New roof. A must see

Last Agent to Sell the Property

Jennifer Rivera

Blue and Gray Realty License #0225194739 Listed on: 05/31/2020

Last Buyer's Agent

Jennifer Rivera

Blue and Gray Realty License #0225194739 Listed on: 05/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $757

Year Built

  • Built in 1975

Lot Details

  • 0.51 Acre Lot

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Washington District Elementary School
  • Montross Middle School
  • Washington And Lee High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Septic Tank

Community Details

  • Oldhams Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34A3-2-27-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$757

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Property Attached Yn: No
  • Lot Size Acres: 0.51
  • Ownership: Individuals
  • Subdivision Name: Oldhams
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1152.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Montross

Lot Info

  • Parcel Number: 34A3-2-27-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 757.0

MLS Schools

  • Elementary School: Washington District
  • High School: Washington and Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Aug 12, 2020
Sold by
Hale James R and Hale Alexandra R
Bought by
Payne Eddie D and Payne Delores
Seller's Agent
Jennifer Rivera
Blue and Gray Realty
Buyer's Agent
Jennifer Rivera
Blue and Gray Realty
List Price
$165,000
Sold Price
$153,000
Premium/Discount to List
-$12,000
-7.27%
Current Estimated Value
$259,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,586
Avg. Annual Appreciation
11.55%
Original Mortgage
$158,508
Outstanding Balance
$142,180
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$123,286

Purchase Details

Closed on
Mar 7, 2018
Sold by
Trader Christopher P
Bought by
Hale James R and Hale Alexander R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2017
Sold by
Hundley Kevin L
Bought by
Trader Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2010
Sold by
Household Realty Corp Of Va
Bought by
Balderson Walter C and Toombs Debra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,388
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Payne Eddie D $153,000 Alford Title And Consulting
Hale James R $125,000 Attorney
Trader Christopher P $65,000 Attorney
Balderson Walter C $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Eddie D $158,508
Previous Owner Hale James R $121,250
Previous Owner Trader Christopher P $50,000
Previous Owner Balderson Walter C $100,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $153,000 -1.3% $133 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $155,000 -3.1% $135 / Sq Ft
06/27/2020 06/27/20 Price Changed $159,900 -3.1% $139 / Sq Ft
05/31/2020 05/31/20 For Sale $165,000 -- $143 / Sq Ft
Source: Central Virginia Regional 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 $1,217 $179,000 $30,900 $148,100
2023 $1,110 $179,000 $30,900 $148,100
2022 $1,110 $179,000 $30,900 $148,100
2021 $943 $116,400 $30,900 $85,500
2020 $885 $116,400 $30,900 $85,500
2018 $710 $116,400 $30,900 $85,500
2017 -- $116,400 $30,900 $85,500
2016 $698 $116,400 $30,900 $85,500
2015 -- $125,100 $30,900 $94,200
2014 -- $0 $0 $0
2013 -- $125,100 $30,900 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2016137

Central Virginia Regional MLS

APN: 34A3-2-27B