NOT LISTED FOR SALE

216 Cornwallis Ave Locust Grove, VA 22508

Estimated Value: $667,000 - $851,000

3 Beds
3 Baths
2,288 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $740,000 $323 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,557/month

About This Home

As of June 2022

Charming Raised Rambler on a SPECTACULAR waterfront lot in Lake of the Woods! With 74’ of wide-water views, waterfront properties with this exceptional setting rarely come available. This 3 Bedroom, 3 full-bath home has over 2,100 finished sq ft. The Great Room has a vaulted ceiling and includes the Kitchen, Living and Dining areas and see the lake everywhere you look. The living area opens to a large, covered porch, perfect for enjoying “Lake-Life Living”. The upper level also includes a spacious Primary Bedroom suite (25’ x 14’), and the second bedroom and full bath with large shower/tub combination.
The lower level has a recreation room featuring a Tiki Bar, perfect for entertaining family & friends, the third Bedroom and Bath and a storage/laundry area. Double sliding doors open to a covered patio area. The property has a center slip dock, with maintenance-free, composite wood decking and solar powered boat lift.
All of this in amenity rich Lake of the Woods; with so much to do, so little time-so get this Lake-life started. Enjoy the two Lakes and the many water sports possible such as fishing, boating, jet-skiing, tubing, water skiing or wakeboarding, paddleboards or kayaks. Enjoy fine dining at the clubhouse or a beverage watching sporting event at the Clubhouse Sports Bar or the Woods Center. Jump in one of two Swimming pools or work out in the Fitness Center. If you like rackets -join the Pickleball or Tennis Clubs. If Theater is your thing, enjoy the LOW Players performances at the Community Center, or better yet, discover your acting talents by auditioning. Hit the fairways at the 18 Hole PGA Golf Course and enjoy the 19th Hole at the Woods Center. There is even an equestrian Center! Lake of the Woods, “Virginia’s Best-Kept Secret” is the premier Lake Community- Get Started Now-Make this Place Your Home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 15, 2022
Sold by
Jones Matthew T
Bought by
Valentine David and Valentine Donna
Seller's Agent
Charles Ostlund
Samson Properties
Buyer's Agent
DAVID Macpherson
EXP Realty, LLC
List Price
$849,000
Sold Price
$740,000
Premium/Discount to List
-$109,000
-12.84%
Current Estimated Value
$772,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,373
Avg. Annual Appreciation
1.31%
Original Mortgage
$370,000
Outstanding Balance
$352,148
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$420,225

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 14, 2018
Sold by
Benton Walter T and Benton Suzanne M
Bought by
Jones Matthew T and Jones Maggy V
Seller's Agent
Sean Jones
Samson Properties
Buyer's Agent
Charles Ostlund
Samson Properties
List Price
$489,000
Sold Price
$489,700
Premium/Discount to List
$700
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Valentine David $740,000 None Listed On Document
Jones Matthew T $489,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine David $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $740,000 -7.4% $323 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/19/2022 05/19/22 Price Changed $799,000 -5.9% $349 / Sq Ft
05/09/2022 05/09/22 For Sale $849,000 +73.4% $371 / Sq Ft
06/15/2018 06/15/18 Sold $489,700 +0.1% $214 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $489,000 -- $214 / Sq Ft

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 $3,697 $469,600 $310,000 $159,600
2023 $3,697 $469,600 $310,000 $159,600
2022 $3,697 $469,600 $310,000 $159,600
2021 $3,549 $492,900 $310,000 $182,900
2020 $3,549 $492,900 $310,000 $182,900
2019 $3,431 $426,700 $260,000 $166,700
2018 $3,431 $426,700 $260,000 $166,700
2017 $3,431 $426,700 $260,000 $166,700
2016 $3,431 $426,700 $260,000 $166,700
2015 $2,933 $407,600 $260,000 $147,600
2014 $2,933 $407,300 $260,000 $147,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Charles Ostlund

    Samson Properties

    (540) 903-7796

    29 Total Sales

    Charles Ostlund
    Section Image
  • DAVID Macpherson

    Buyer's Agent in 2022

    DAVID Macpherson

    EXP Realty, LLC

    (703) 347-5281

    50 Total Sales

    DAVID Macpherson
    Section Image
  • Sean Jones

    Seller's Agent in 2018

    Sean Jones

    Samson Properties

    (540) 360-5166

    142 Total Sales

    Sean Jones
    Section Image
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Map

Virginia Orange County Locust Grove 22508

216 Cornwallis Ave, Locust Grove, VA

This home is located at 216 Cornwallis Ave, Locust Grove, VA 22508 and is currently estimated at $772,373, approximately $337 per square foot. 216 Cornwallis Ave is a home located in Orange County with nearby schools including Locust Grove Elementary School, Locust Grove Primary School, and Locust Grove Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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