NOT LISTED FOR SALE

2 Gage Cove Ruther Glen, VA 22546

Estimated Value: $425,000 - $467,000

3 Beds
3 Baths
1,488 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $275,000 $185 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,884/month

132 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Beach
  • Lake Privileges
  • 1 Dock Slip
  • Open Floorplan
  • Community Lake

About This Home

As of September 2016

Enjoy a piece of Paradise in beautiful Lake Caroline. This 3 BR/3BA Raised Rambler w/ nearly 1500 finished sq ft & walkout unfinished lower level perfect for a weekend retreat or permanent residence to enjoy a recreational lifestyle; swimming, boating, fishing, watersports and much more. Panoramic views from main living area, sunroom, screened patio, & deck enhance the joys of Lakefront Living!

Last Agent to Sell the Property

Penny Ostlund

(540) 903-9732 postlund@cbeva.com Coldwell Banker Elite Listed on: 03/16/2016

Coldwell Banker Elite

Co-Listed By

Rachel Stottlar

(540) 840-0291 rsowers@coldwellbankerelite.com Coldwell Banker Elite License #MRIS:3059863

Last Buyer's Agent

Brenda Kile

(540) 841-4395 brenmel507@gmail.com LJ Realty Company, Inc. License #0225184840

LJ Realty Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1989

Lot Details

  • 0.48 Acre Lot
  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Water Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

  • Caroline High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 67A3-1-58

Community Details

Overview

  • Association fees include common area maintenance, insurance, pool(s), recreation facility, reserve funds, road maintenance, snow removal
  • Lake Caroline Community
  • Lake Caroline Subdivision
  • The community has rules related to building or community restrictions, no recreational vehicles, boats or trailers
  • Community Lake

Amenities

  • Common Area
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Year Built

Built in 1989

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2888
  • Living Area Sq Ft: 1488
  • Price Per Sq Ft: 194.56
  • Above Grade Finished Sq Ft: 1488
  • Below Grade Sq Ft: 1400
  • Total Below Grade Sq Ft: 1400
  • 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: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Dock Type: Single Slip
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: LAKE CAROLINE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 80

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1252.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Lake, Pool - Outdoor, Recreational Center, Security, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal
  • HOA Condo Co-Op Rules: Building Restrictions, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Schools

  • High School: CAROLINE

Lot Info

  • Lot Features: Premium
  • Lot Size Acres: 0.48
  • Lot Size Area: 21000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21000.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2052.59
  • Assessor Parcel Number: 67A3-1-58
  • Tax Lot: 58
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Dock Slip Conveyance: Deeded
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Aug 31, 2016
Sold by
Hughes Scott C and Hughes Diane
Bought by
Nemeth Carey and Nemeth Elizabeth
Seller's Agent
Penny Ostlund
Coldwell Banker Elite
Buyer's Agent
Brenda Kile
LJ Realty Company, Inc.
List Price
$289,500
Sold Price
$275,000
Premium/Discount to List
-$14,500
-5.01%
Current Estimated Value
$445,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,223
Avg. Annual Appreciation
5.40%
Original Mortgage
$220,000
Outstanding Balance
$175,840
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$269,383

Purchase Details

Closed on
Oct 14, 2008
Sold by
Jarrelle Richard K and Jarrelle Earl R
Bought by
Hughes Scott C and Hughes Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Nemeth Carey $275,000 Fidelity National Title
Hughes Scott C $322,000 Ekko Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemeth Carey $220,000
Previous Owner Hughes Scott C $257,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $275,000 -5.0% $185 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $289,500 +5.3% $195 / Sq Ft
03/16/2016 03/16/16 Off Market $275,000 -- --
03/16/2016 03/16/16 For Sale $289,500 -- $195 / 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
2025 $331,562 $430,600 $127,000 $303,600
2024 $2,392 $310,700 $127,000 $183,700
2023 $2,392 $310,700 $127,000 $183,700
2022 $2,392 $310,700 $127,000 $183,700
2021 $2,392 $310,700 $127,000 $183,700
2020 $2,106 $253,700 $81,000 $172,700
2019 $2,106 $253,700 $81,000 $172,700
2018 $2,106 $253,700 $81,000 $172,700
2017 $2,073 $249,800 $81,000 $168,800
2016 $2,048 $249,800 $81,000 $168,800
2015 $1,781 $247,300 $81,000 $166,300
2014 $1,781 $247,300 $81,000 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000400275

Bright MLS

APN: 67A3-1-58