NOT LISTED FOR SALE

206 Madison Cir Locust Grove, VA 22508

Estimated Value: $1,198,000 - $1,923,000

5 Beds
3 Baths
3,015 Sq Ft
$527/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $550,000 $182 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $9,632/month

198 Days on Market

Highlights

  • 70 Feet of Waterfront
  • 1 Boat Dock
  • Pier
  • Boat Ramp
  • Beach
  • Golf Club

About This Home

As of November 2013

Breathtaking waterfront views from this outstanding, Spacious 5 BR 3 BA ALL BRICK custom hm w/Ctry Kit/Fm Rm w/FP & RecRm w/FP & Game-Excercise Rm on LL Relax in Hot Tub overlking Lake. Enjoy dinner from prvate lg covered porch while watching the Sunsets.Notice immediate view of Lake as entering Foyer/Hall. Dock & Boat lift houses the 2007 Vectra 18-ft boat & trailer that conveys w/purchase.

Last Agent to Sell the Property

Katherine Merritt

Coldwell Banker Elite License #0225101356 Listed on: 03/02/2013

Coldwell Banker Elite

Last Buyer's Agent

Joyce Henson

Century 21 Redwood Realty

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1978

Lot Details

  • 70 Feet of Waterfront
  • Home fronts navigable water
  • Electric Fence
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Open Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Garden

Home Design

  • Rambler Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Stove
  • Heatilator
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Atrium Windows
  • Sliding Doors
  • Atrium Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Living
  • Breakfast Room
  • Dining Room
  • Game Room
  • Workshop
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Attic Fan

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear and Side Entry
  • Workshop
  • Basement Windows

Home Security

  • Security Gate
  • Storm Doors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Spa
  • Pier
  • Water Access
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 6 Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • 60 Gallon+ Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 000001979

Community Details

Overview

  • Association fees include management, insurance, pool(s), road maintenance, snow removal, security gate
  • Lake Of The Woods Subdivision
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Newspaper Service
  • Day Care Facility
  • Picnic Area
  • Clubhouse
  • Community Center
  • Community Dining Room
  • Community Library
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Beach
  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Recreational Area
  • Community Stables
  • Horse Trails
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 1978

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1978
  • Remarks Public: Breathtaking waterfront views from this outstanding, Spacious 5 BR 3 BA ALL BRICK custom hm w/Ctry Kit/Fm Rm w/FP & RecRm w/FP & Game-Excercise Rm on LL Relax in Hot Tub overlking Lake. Enjoy dinner from prvate lg covered porch while watching the Sunsets.Notice immediate view of Lake as entering Foyer/Hall. Dock & Boat lift houses the 2007 Vectra 18-ft boat & trailer that conveys w/purchase.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Kitchen - Country, Combination Kitchen/Living, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Crown Moldings, Entry Level Bedroom, Primary Bath(s), Stove - Wood, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Atrium, Bay/Bow, Double Pane, Skylights
  • Fireplace Features: Equipment, Gas/Propane, Heatilator, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Atrium, Sliding Glass, Storm
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Exercise Room, Laundry, Mud Room, Utility Room, Workshop, Bedroom 6
  • Basement: Yes
  • Basement Type: Rear Entrance, Side Entrance, Daylight, Full, Fully Finished, Outside Entrance, Walkout Level, Windows, Workshop
  • Living Area Units: Square Feet
  • Total Sq Ft: 3215
  • Living Area Sq Ft: 3015
  • Price Per Sq Ft: 207.30
  • Above Grade Finished Sq Ft: 3015
  • Above Grade Unfinished Sq Ft: 200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Bump-Outs, Extensive Hardscape, Hot Tub, Sidewalks, Underground Lawn Sprinkler
  • Roof: Shingle
  • View: Water, Garden/Lawn
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Asphalt Driveway
  • Parking Space Number Assigned: 4+
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Attic Fan, Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Humidifier
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: 24 Hour Security, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1197.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Bike Trail, Boat Ramp, Boat Dock/Slip, Club House, Community Center, Day Care, Dining Rooms, Exercise Room, Extra Storage, Gated Community, Golf Club, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Lake, Library, Mooring Area, Newspaper Service, Non-Lake Recreational Area, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pool(s), Road Maintenance, Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes

Lot Info

  • Fencing: Electric
  • Lot Features: Bulkheaded, Landscaping, Premium, Partly Wooded, Open
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3672.72
  • Assessor Parcel Number: 000001979
  • Tax Lot: 108
  • Tax Total Finished Sq Ft: 4984
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/15/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2013
Closed on
Nov 15, 2013
Sold by
Ridpath Robert P and Ridpath Beth V
Bought by
Lee Michelle S
Seller's Agent
Katherine Merritt
Coldwell Banker Elite
Buyer's Agent
Joyce Henson
Century 21 Redwood Realty
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Total Days on Market
198
Current Estimated Value
$1,587,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,037,585
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Flynn Jeffrey L and Flynn Judith E
Bought by
Ridpath Robert P and Ridpath Beth

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
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Lee Michelle S $550,000 Fidelity National Title Ins
Ridpath Robert P $713,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridpath Robert P $408,000
Previous Owner Ridpath Robert P $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $550,000 -12.0% $182 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $625,000 +13.6% $207 / Sq Ft
09/12/2013 09/12/13 Off Market $550,000 -- --
08/19/2013 08/19/13 Price Changed $625,000 -3.8% $207 / Sq Ft
06/03/2013 06/03/13 Price Changed $650,000 -2.8% $216 / Sq Ft
04/15/2013 04/15/13 Price Changed $668,500 -1.7% $222 / Sq Ft
03/02/2013 03/02/13 For Sale $680,000 -- $226 / 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 $7,739 $988,200 $310,000 $678,200
2023 $7,739 $988,200 $310,000 $678,200
2022 $7,739 $988,200 $310,000 $678,200
2021 $7,430 $1,031,900 $310,000 $721,900
2020 $7,430 $1,031,900 $310,000 $721,900
2019 $8,208 $1,020,900 $260,000 $760,900
2018 $8,206 $1,020,900 $260,000 $760,900
2017 $8,208 $1,020,900 $260,000 $760,900
2016 $8,203 $1,020,900 $260,000 $760,900
2015 $3,673 $954,100 $260,000 $694,100
2014 $3,673 $273,600 $260,000 $13,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003365228

Bright MLS

APN: 012-A0-00-04-0108-0