NOT LISTED FOR SALE

192 Busbees Point Rd Bumpass, VA 23024

Estimated Value: $926,000 - $1,005,650

5 Beds
3 Baths
3,061 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $915,000 $299 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,720/month

31 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Seaplane Permitted
  • 1 Dock Slip
  • Thomas Jefferson Elementary School Rated A-
  • Boat Ramp
  • Sandy Beach

About This Home

As of August 2024

Experience lakeside living on the serene shores of Lake Anna, VA. Nestled on the private side of the lake, this waterfront retreat comes furnished; the boat and two jet skis also convey! This property has 125 feet of shoreline, a sandy beach, boat dock, jet ski pad and gorgeous views of the lake. Inside, the charm continues in this 5 bedroom, 3 full bath home (4 bedroom septic). Open floor plan perfect for entertaining your family and friends. The family room has vaulted ceilings and showcases a stone corner gas fireplace, that is open to the kitchen with stainless appliances and a center island. Fully finished walkout basement features a family room, rec room, full bath and bedroom. Enjoy your morning coffee from the screened in porch and BBQ's on the large back deck that overlooks the water. The kids will love the sandy beach and you'll love soaking up the sun, relaxing in the hot tub or gathering around the fire pit roasting s'mores. Great location: just a 2 minute drive to Elk Creek Country Store for gas and deli sandwiches and a 12 minute drive to groceries, restaurants, ABC, nail salon, vet clinic, Lake Anna Taphouse, and more! Whether you're seeking a peaceful retreat or a full time home, you'll find the perfect blend of relaxation and recreation against the backdrop of Lake Anna's natural beauty. Home is currently a short term rental and already has a rental history. The neighborhood has a community boat ramp to launch your boat. Come see for yourself! See rental history in mls documents!

Last Agent to Sell the Property

Ashley Hoffman

(540) 834-6417 ashleyhoffman83@gmail.com Lake Anna Island Realty, Inc. Listed on: 06/12/2024

Last Buyer's Agent

Ashish Thapa

ashish.j.thapa@outlook.com Onest Real Estate License #0225268820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1997

Lot Details

  • 1.18 Acre Lot
  • 125 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Premium Lot
  • Property is zoned R2

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Corner Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Recreation Room
  • Lake Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Rear Basement Entry

Outdoor Features

  • Spa
  • Seaplane Permitted
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Bulkhead
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 46 21 3

Community Details

Overview

  • Association fees include reserve funds, road maintenance, pier/dock maintenance
  • Ruth Estates HOA
  • Ruth Estates Subdivision

Recreation

  • Boat Ramp
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,166

Year Built

Built in 1997

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Wall decor, the bookshelf in basement do not convey. Linens are through rental company and do not convey
  • Inclusions: furniture, furnishings, boat and 2 jet skis convey
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Experience lakeside living on the serene shores of Lake Anna, VA. Nestled on the private side of the lake, this waterfront retreat comes furnished; the boat and two jet skis also convey! This property has 125 feet of shoreline, a sandy beach, boat dock, jet ski pad and gorgeous views of the lake. Inside, the charm continues in this 5 bedroom, 3 full bath home (4 bedroom septic). Open floor plan perfect for entertaining your family and friends. The family room has vaulted ceilings and showcases a stone corner gas fireplace, that is open to the kitchen with stainless appliances and a center island. Fully finished walkout basement features a family room, rec room, full bath and bedroom. Enjoy your morning coffee from the screened in porch and BBQ's on the large back deck that overlooks the water. The kids will love the sandy beach and you'll love soaking up the sun, relaxing in the hot tub or gathering around the fire pit roasting s'mores. Great location: just a 2 minute drive to Elk Creek Country Store for gas and deli sandwiches and a 12 minute drive to groceries, restaurants, ABC, nail salon, vet clinic, Lake Anna Taphouse, and more! Whether you're seeking a peaceful retreat or a full time home, you'll find the perfect blend of relaxation and recreation against the backdrop of Lake Anna's natural beauty. Home is currently a short term rental and already has a rental history. The neighborhood has a community boat ramp to launch your boat. Come see for yourself! See rental history in mls documents!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Stove, Built-In Microwave, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Laminated, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane, Corner, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 15
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Recreation Room, Full Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished, Improved, Interior Access, Rear Entrance
  • Laundry Type: Has Laundry, Hookup, Main Floor
  • Total Sq Ft: 3061
  • Living Area Sq Ft: 3061
  • Price Per Sq Ft: 537.68
  • Above Grade Finished Sq Ft: 1765
  • Below Grade Finished Sq Ft: 1296
  • Total Below Grade Sq Ft: 1296
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 192

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Hot Tub
  • Roof: Shingle
  • View: Water, Lake
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Seaplane Permitted, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake Anna
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 780.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Road Maintenance, Pier/Dock Maintenance
  • HOA Name: RUTH ESTATES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: LOUISA COUNTY PUBLIC SCHOOLS
  • School District Key: 121139403138
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: 2
  • Lot Features: Bulkheaded, Premium
  • Lot Size Acres: 1.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51488.00
  • Outdoor Living Structures: Screened, Porch(es), Deck(s)
  • Year Assessed: 2024
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 5166.00
  • Assessor Parcel Number: 46 21 3
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3061
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/21/2024

Multi Family

  • Mean Low Water Feet: 5
  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: LOUISA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 20, 2024
Sold by
Sherman Jared Alexander and Sherman Tara Lynn
Bought by
Thapa Ashish Jung
Seller's Agent
Ashley Hoffman
Lake Anna Island Realty, Inc.
Buyer's Agent
Ashish Thapa
Onest Real Estate
List Price
$949,000
Sold Price
$915,000
Premium/Discount to List
-$34,000
-3.58%
Views
102
Current Estimated Value
$977,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,913
Avg. Annual Appreciation
6.23%
Original Mortgage
$549,000
Outstanding Balance
$543,794
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$434,119

Purchase Details

Listed on
Mar 17, 2016
Closed on
Sep 29, 2017
Sold by
Schoenhard Paul M and Schoenhard Amy E L
Bought by
Sherman Jared Alexander and Sherman Tara Lynn
Seller's Agent
Mark Tinsman
Lake Anna Island Realty, Inc.
Buyer's Agent
Mark Tinsman
Lake Anna Island Realty, Inc.
List Price
$649,900
Sold Price
$430,000
Premium/Discount to List
-$219,900
-33.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$387,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Matthews Jack S and Matthews Donna B
Bought by
Schoenhard Paul M and Schoenhard Amy E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Matthews Jack S and Matthews Donna B
Bought by
Schoenhard Paul M and Schoenhard Amy E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.43%
Mortgage Type
New Conventional
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
Thapa Ashish Jung $915,000 Houze Title
Thapa Ashish Jung $915,000 Houze Title
Sherman Jared Alexander $430,000 None Available
Schoenhard Paul M $560,000 Multiple
Schoenhard Paul M $560,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thapa Ashish Jung $549,000
Closed Thapa Ashish Jung $549,000
Previous Owner Sherman Jared Alexander $387,000
Previous Owner Schoenhard Paul M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $915,000 -3.6% $299 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $949,000 +120.7% $310 / Sq Ft
09/07/2017 09/07/17 Sold $430,000 -13.1% $138 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
06/03/2017 06/03/17 Price Changed $494,900 -9.2% $158 / Sq Ft
03/24/2017 03/24/17 Price Changed $544,900 -9.2% $174 / Sq Ft
05/27/2016 05/27/16 Price Changed $599,900 -7.7% $192 / Sq Ft
03/17/2016 03/17/16 For Sale $649,900 -- $208 / Sq Ft
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 $5,653 $785,200 $310,800 $474,400
2023 $4,908 $717,500 $283,300 $434,200
2022 $4,290 $595,900 $258,500 $337,400
2021 $3,284 $524,800 $233,800 $291,000
2020 $3,586 $498,100 $233,800 $264,300
2019 $3,605 $500,700 $233,800 $266,900
2018 $3,371 $468,200 $225,500 $242,700
2017 $3,471 $482,900 $225,500 $257,400
2016 $3,471 $482,100 $231,000 $251,100
2015 $3,463 $481,000 $231,000 $250,000
2013 -- $493,600 $247,500 $246,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALA2005772

Bright MLS

APN: 46-21-3