NOT LISTED FOR SALE

2240 Nancy Ln King George, VA 22485

Estimated Value: $604,000 - $681,000

4 Beds
3.5 Baths
2,460 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $385,000 $157 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,727/month

163 Days on Market

Highlights

  • 1 Boat Dock
  • Canoe or Kayak Water Access
  • View of Trees or Woods
  • Home fronts navigable water
  • Fishing Allowed
  • Craftsman Architecture

About This Home

As of February 2020

Welcome to King George on the Potomac! This beautiful home is nestled on a large wooded lot, in a retreat style setting. Enjoy the access and the amenities of the Potomac River but the privacy of this mature, wooded, home-site of nearly 4 acres. Relax on the large wrap around country style porch or sunbathe on the rear deck overlooking the pool. The interior is perfect for entertaining and offers an open living area that flows to the oversize four seasons room. This home oozes a relaxing lifestyle. 4 bedroom, 3 and 1/2 bath home with plenty of room now and room to grow later. There is a huge unfinished basement. The living area boasts a stone fireplace, built in bookcases, and plenty of hardwood flooring. Spacious 1st floor master bedroom and master bath, an 18' x 30' deck for barbecues or more entertaining, while enjoying your pool in the summertime. The garages and out buildings give you plenty of space for vehicles or all the water toys you will need. There is even a whole house generator to keep you going no matter what the weather. Beach/River access and all convenience of Dahlgren and Fredericksburg and the new 301 bridge to Maryland

Last Agent to Sell the Property

Scott Cleveland

(540) 834-3200 scottvare@gmail.com RE/MAX Supercenter License #0225191567 Listed on: 08/02/2019

RE/MAX Supercenter

Last Buyer's Agent

Josh Prouty

(540) 993-3090 homesbyjoshprouty@gmail.com Ascendancy Realty LLC License #WVA220040194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1989

Lot Details

  • 3.79 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned A-2

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Craftsman Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Views of Woods
  • Basement Fills Entire Space Under The House
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • 1 Boat Dock
  • Private Dock
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Perc Approved Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 2-2-59

Community Details

Overview

  • Association fees include pier/dock maintenance
  • Kg On The Potomac HOA, Phone Number (540) 663-9088
  • Kg On The Potomac Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 1989

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-02
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 3, Kitchen, Basement, Sun/Florida Room, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4260
  • Living Area Sq Ft: 2460
  • Price Per Sq Ft: 158.50
  • Above Grade Finished Sq Ft: 2460
  • Above Grade Unfinished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Tar/Gravel
  • Spa: No
  • View: Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Perc Approved Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 60.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pier/Dock Maintenance
  • HOA Name: KG ON THE POTOMAC HOA
  • HOA Phone: 540-663-9088
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Agricultural District: Rural Agricultural District
  • Improvement Assessed Value: 240700.00
  • Land Assessed Value: 83900.00
  • Lot Size Acres: 3.79
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 164962.00
  • Property Condition: Very Good
  • Zoning: A-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16258791
  • Tax Annual Amount: 2272.00
  • Assessor Parcel Number: 2-2-59
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Feb 21, 2020
Sold by
Horrigan Dereik M
Bought by
Felvey Thomas Mcquade and Felvey Jeannette M
Seller's Agent
Scott Cleveland
RE/MAX Supercenter
Buyer's Agent
Josh Prouty
Ascendancy Realty LLC
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Current Estimated Value
$658,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,916
Avg. Annual Appreciation
9.14%
Original Mortgage
$398,860
Outstanding Balance
$353,163
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$288,901

Purchase Details

Listed on
Mar 2, 2013
Closed on
Aug 20, 2013
Sold by
Tague Patrick A
Bought by
Horrigan Derek M
Seller's Agent
Joan Neal
RE/MAX Supercenter
Buyer's Agent
Kristy Satterfield
Century 21 Evergreen
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$325,000
Interest Rate
4.34%
Mortgage Type
VA

Purchase Details

Closed on
May 30, 2006
Sold by
Johnson Ralph W
Bought by
Tague Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Felvey Thomas Mcquade $385,000 Bridge Title Inc
Horrigan Derek M $325,000 --
Tague Patrick A $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felvey Thomas Mcquade $398,860
Previous Owner Horrigan Derek M $325,000
Previous Owner Tague Patrick A $340,000
Previous Owner Tague Patrick A $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2020 02/24/20 Sold $385,000 -1.3% $157 / Sq Ft
08/02/2019 08/02/19 For Sale $389,900 +20.0% $158 / Sq Ft
09/06/2013 09/06/13 Sold $325,000 0.0% $85 / Sq Ft View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $325,000 -- $85 / 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 $3,223 $473,900 $87,900 $386,000
2024 $3,223 $473,900 $87,900 $386,000
2023 $3,223 $473,900 $87,900 $386,000
2022 $3,033 $473,900 $87,900 $386,000
2021 $2,370 $324,600 $83,900 $240,700
2020 $2,272 $324,600 $83,900 $240,700
2019 $2,272 $324,600 $83,900 $240,700
2018 $2,239 $324,600 $83,900 $240,700
2017 $2,090 $298,600 $83,900 $214,700
2016 $2,030 $298,600 $83,900 $214,700
2015 -- $298,600 $83,900 $214,700
2014 -- $298,600 $83,900 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAKG117914

Bright MLS

APN: 2-2-59