$489,700
SOLD JUN 15, 2018

216 Cornwallis Ave Locust Grove, VA 22508

3 Beds
3 Baths
2,288 Sq Ft
0.38 Acres

Recently Sold

$214 Per Sq Ft

2 Days on Market

Highlights

  • 72 Feet of Waterfront
  • 1 Boat Dock
  • Golf Course Community
  • Boat Ramp
  • Beach
  • Community Stables

About This Home

As of June 2022

WATERFRONT with 73' of prime frontage on the Main Lake. You'll enjoy the light soaked vaulted living room with AMAZING views, double sliding glass doors on both levels, spacious covered deck overlooking the composite dock, HUGE master suite. FRESH paint, carpet, flooring, are some of the many updates. Bring your boat and move right in! Summer is here, come discover Lake of the Woods today!

Last Agent to Sell the Property

Sean Jones

(540) 360-5166 sean@seanjoneshomes.com Samson Properties License #0225215138 Listed on: 05/01/2018

Samson Properties

Last Buyer's Agent

Charles Ostlund

(540) 903-7796 charlieostlund@hotmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1975

Lot Details

  • 0.38 Acre Lot
  • 72 Feet of Waterfront
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Family Room Off Kitchen
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property is near a lake
  • Waiting List for boat docks or slips
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Dock made with Composite Material
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 000002884

Community Details

Overview

  • Lake Of The Woods Community
  • Lake Of The Woods Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Stables
  • Horse Trails
  • Jogging Path

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,431

Year Built

Built in 1975

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1975
  • Remarks Public: WATERFRONT with 73' of prime frontage on the Main Lake. You'll enjoy the light soaked vaulted living room with AMAZING views, double sliding glass doors on both levels, spacious covered deck overlooking the composite dock, HUGE master suite. FRESH paint, carpet, flooring, are some of the many updates. Bring your boat and move right in! Summer is here, come discover Lake of the Woods today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Disposal, Oven/Range - Electric, Washer, Refrigerator, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Table Space, Primary Bath(s), Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Daylight, Partial, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 2288
  • Price Per Sq Ft: 427.45
  • Above Grade Finished Sq Ft: 1144
  • Below Grade Finished Sq Ft: 1144
  • Total Below Grade Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 216

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Lower Level Bedroom: 1
  • 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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding, Concrete
  • Roof: Asphalt
  • View: Water
  • Water Access: Yes
  • Water Body Name: MAIN LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 72

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Off Street, 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1581.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Boat Ramp, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Gated Community, Golf Course, Horse Trails, Jog/Walk Path, Lake, Meeting Room, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Riding/Stables, Security, Soccer Field, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141052477

Green Features

  • Green Verification: No

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 16738
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16738.00
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3430.67
  • Assessor Parcel Number: 000002884
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 1144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/15/2018

Multi Family

  • Dock Slip Conveyance: Waiting List
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

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:

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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 Type Sale Price Title Company
Deed $740,000 None Listed On Document
Deed $489,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
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
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 $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

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Map

Source: Bright MLS

MLS Number: 1000467910

Bright MLS

APN: 012-A0-00-08-0053-0