NOT LISTED FOR SALE

Estimated Value: $287,000 - $367,000

2 Beds
2 Baths
1,100 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $230,000 $209 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,734/month

59 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Heat Pump System

About This Home

As of August 2021

Beautifully renovated 1950 two bedroom, two bath bungalow in the golf-cart community of Colonial Beach--perfect for a permanent residence, weekend getaway or investment property. House has hardwood floors throughout, open living/dining/kitchen area, stylish bathrooms and a large yard perfect for outdoor games and entertaining. And is in easy walking distance (or better yet, golf cart riding distance) to the river and to all the amenities in town. House is currently rented with the lease expiring at the end of July. If settlement occurs before that, the lease conveys and renters may be interested in staying on after the lease, if the house is purchased as a rental investment.

Last Agent to Sell the Property

Eric Nelson

(202) 271-6050 enelson@cbeva.com Coldwell Banker Elite License #0225220941 Listed on: 06/04/2021

Coldwell Banker Elite

Last Buyer's Agent

Megan Porter

(956) 271-3018 mporte25@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #0225240782

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1950 | Remodeled in 2017

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Classic Shores Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 3A3 131C 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1950 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully renovated 1950 two bedroom, two bath bungalow in the golf-cart community of Colonial Beach--perfect for a permanent residence, weekend getaway or investment property. House has hardwood floors throughout, open living/dining/kitchen area, stylish bathrooms and a large yard perfect for outdoor games and entertaining. And is in easy walking distance (or better yet, golf cart riding distance) to the river and to all the amenities in town. House is currently rented with the lease expiring at the end of July. If settlement occurs before that, the lease conveys and renters may be interested in staying on after the lease, if the house is purchased as a rental investment.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 213.64
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 211

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

  • School District: COLONIAL BEACH PUBLIC SCHOOLS
  • School District Key: 300200396427
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 007
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1395.00
  • Assessor Parcel Number: 3A3 131C 17
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/31/2021

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 26, 2021
Sold by
Shand Tania A
Bought by
Labudzik Joseph J and Labudzik Patricia
Seller's Agent
Eric Nelson
Coldwell Banker Elite
Buyer's Agent
Megan Porter
Berkshire Hathaway HomeServices PenFed Realty
List Price
$255,000
Sold Price
$230,000
Premium/Discount to List
-$25,000
-9.8%
Current Estimated Value
$313,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,328
Avg. Annual Appreciation
7.83%
Original Mortgage
$184,000
Outstanding Balance
$167,176
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$146,152
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
Labudzik Joseph J $230,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labudzik Joseph J $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $230,000 -2.1% $209 / Sq Ft
07/28/2021 07/28/21 Price Changed $235,000 -2.1% $214 / Sq Ft
07/13/2021 07/13/21 Price Changed $240,000 -2.0% $218 / Sq Ft
07/08/2021 07/08/21 Price Changed $245,000 -3.9% $223 / Sq Ft
06/04/2021 06/04/21 For Sale $255,000 -- $232 / 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 $793 $188,700 $39,200 $149,500
2023 $755 $188,700 $39,200 $149,500
2022 $755 $188,700 $39,200 $149,500
2021 $740 $105,700 $39,200 $66,500
2020 $497 $105,700 $39,200 $66,500
2018 $423 $105,700 $39,200 $66,500
2017 -- $105,700 $39,200 $66,500
2016 $412 $105,700 $39,200 $66,500
2015 -- $141,600 $39,200 $102,400
2014 -- $0 $0 $0
2013 -- $106,800 $39,200 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE118580

Bright MLS

APN: 3A3-131C-17