$250,000
SOLD OCT 15, 2025

240 Cedar Ave Colonial Beach, VA 22443

4 Beds
2 Baths
1,800 Sq Ft
0.34 Acres

Recently Sold

$139 Per Sq Ft

16% Above List Price

3 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Backs to Trees or Woods
  • View of Trees or Woods
  • Deck
  • Corner Lot

About This Home

As of October 2025

OPEN HOUSE CANCELED OFFER ACCEPTED** MUTIPLE OFFERS HIGHEST AND BEST IS NOW REQUESTED FOR ANY OFFERS GOING FORWARD AND DUE BY FRIDAY AUGUST 29TH BY 2PM EST. Welcome to a unique opportunity in Colonial Beach—this four-bedroom, two-bathroom home offers excellent renovation potential in a charming beach town. Resting on a generous lot, the property provides ample space for outdoor activities, gardening, or future expansions. Whether you're looking to restore and modernize or simply add personal touches, this house presents a solid foundation for customization. Inside, a functional layout offers room to create your ideal living spaces, including a spacious primary bedroom and multiple guest rooms that can double as a home office or hobby area. Large windows bring in natural light, enhancing the home's bright and airy feel. This home is competitively priced for its size and potential, making it a smart choice for buyers seeking value and a great location. If you’re looking for a place to build equity and make your vision a reality, this Colonial Beach property presents the perfect starting point. Don’t miss the chance to explore its full potential and imagine what your future could look like here. This property *MAY* qualify for seller financing (VENDEE). If the property was built prior to 1978, Lead-Based Paint may Potentially Exists. Property is marketed and sold as is.

Last Agent to Sell the Property

Karla Cornwell

(703) 201-5440 karla.cornwell@comcast.net Rally Point Real Estate License #0225210158 Listed on: 08/26/2025

Co-Listed By

Roger Cornwell

(703) 201-5450 Roger@TeamCornwell.com Rally Point Real Estate License #0225086356

Last Buyer's Agent

Mirtha Llanos

(703) 969-8055 mirthahomes@gmail.com Coldwell Banker Realty License #0225188070

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Backs to Trees or Woods
  • Property is in below average condition

Home Design

  • Split Level Home
  • Permanent Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Ceiling Fan
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Water Oriented
  • River Nearby
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bluff Point Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 3A4 2 12 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,130

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Range Hood
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Primary Bath(s), Chair Railings
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 143.33
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • 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
  • Exterior Features: Outbuilding(s)
  • Spa: No
  • View: Trees/Woods, Street
  • Water Access: No
  • 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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • 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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Privacy, Rear
  • Lot Features: Backs To Trees, Corner, Level
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.40
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Below Average
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2130.00
  • Assessor Parcel Number: 3A4 2 12 12
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2025
Closed on
Oct 7, 2025
Sold by
Secretary Of Veterans Affairs
Bought by
Palomares Angel Martin
Seller's Agent
Karla Cornwell
Rally Point Real Estate
Buyer's Agent
Mirtha Llanos
Coldwell Banker Realty
List Price
$215,000
Sold Price
$250,000
Premium/Discount to List
$35,000
16.28%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.43%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$48,086

Purchase Details

Closed on
May 29, 2025
Sold by
Equity Trustees Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
May 14, 2015
Closed on
Aug 21, 2015
Sold by
Canaway Asa B and Canaway Luz Olivia
Bought by
Beighey Darin C
Seller's Agent
Nancy Cooper
Coldwell Banker Elite
Buyer's Agent
Leita Reedy
Weichert, REALTORS
List Price
$174,900
Sold Price
$178,398
Premium/Discount to List
$3,498
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$182,233
Interest Rate
4.07%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Special Warranty Deed $250,000 Terrys Title
Trustee Deed $243,745 None Listed On Document
Trustee Deed $243,745 None Listed On Document
Warranty Deed $178,398 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $182,233 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2025 10/15/25 Sold $250,000 +16.3% $139 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
08/26/2025 08/26/25 For Sale $215,000 +20.5% $119 / Sq Ft
08/21/2015 08/21/15 Sold $178,398 +2.0% $99 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
05/14/2015 05/14/15 Price Changed $174,900 0.0% $97 / Sq Ft
05/14/2015 05/14/15 For Sale $174,900 -- $97 / 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 $813 $193,600 $47,500 $146,100
2024 $813 $193,600 $47,500 $146,100
2023 $774 $193,600 $47,500 $146,100
2022 $774 $193,600 $47,500 $146,100
2021 $759 $161,400 $47,500 $113,900
2020 $759 $161,400 $47,500 $113,900
2018 $646 $161,400 $47,500 $113,900
2017 -- $161,400 $47,500 $113,900
2016 $629 $161,400 $47,500 $113,900
2015 -- $183,100 $47,500 $135,600
2014 -- $0 $0 $0
2013 -- $183,100 $47,500 $135,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2009568

Bright MLS

APN: 3A4-2-12-12