NOT LISTED FOR SALE

279 Peake Rd Weems, VA 22576

Estimated Value: $586,000 - $789,000

3 Beds
2.5 Baths
2,196 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $461,500 $210 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,212/month

46 Days on Market

Highlights

  • Docks
  • Home fronts a creek
  • Wood Flooring
  • Home fronts navigable water
  • Wood Burning Stove
  • Separate Formal Living Room

About This Home

As of October 2021

Charming Waterfront Cottage nestled along the Shores of Taylor's Creek with wonderful Water Views and quick access to the Corrotoman & Rappahannock Rivers! Over 5 Acres with inviting private tree lined driveway and stone walkways. This 2196 Sq Ft home features 3 bedrooms & 2 Full & 1 Half Bath. Enjoy water views from Screened Porch, Living Room, Kitchen, Dining Room and Primary Suite. Lovely Kitchen with Granite Counters and Breakfast Nook with Access to Mud Room. Spacious Screen Porch leads to Stone Pathways & to Dock with Mooring and Swim Ladder. An ideal location just a short Boat Ride to the Rappahannock River and Chesapeake Bay. Attached 1.5 Car Garage with Plenty of Storage Room and Utility Sink. Ample room for expansion or building a dependency down the drive. Close proximity to Town with Shopping, Restaurants and Healthcare. Privacy abounds with lovely landscaping although thinned out on waterside providing exceptional water views. Atlantic Broadband Internet & Generator for convenience. Ideal full time Home, Weekend Retreat or Investment Property. Come see this Hidden Treasure. Get Away To Get Together!

Last Listed By

Travis Powell

Shaheen Ruth Martin & Fonville Real Estate License #0225084368 Listed on: 08/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1988

Lot Details

  • 5.06 Acre Lot
  • Home fronts a creek
  • Home fronts navigable water
  • River Front
  • Zoning described as R1

Parking

  • 1.5 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Cottage
  • Bungalow
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Separate Formal Living Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Docks
  • Dock Available
  • Stoop

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 27-55C

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,916

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 5.06
  • Water Body Name: Taylor's Creek
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Other Equipment: Generator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Bath in Primary Bedroom, Solar Tube(s), Cable TV, Window Treatments
  • Living Area: 2196.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: Creek, Dock Access, Mooring, Navigable Water, River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Block, Drywall, Vinyl Siding
  • Exterior Features: Dock, Porch
  • Patio And Porch Features: Rear Porch, Screened, Stoop, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener, Oversized

Utilities

  • Heating: Electric, Heat Pump, Wood Stove
  • Cooling: Central Air, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 27-55C
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2916.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 12, 2021
Sold by
Briguglio Elizabeth Anne and The Mary A Bauman Revocable Fa
Bought by
Paladino Vincent L and Paladino Renae M
Seller's Agent
Travis Powell
Shaheen Ruth Martin & Fonville Real Estate
Buyer's Agent
Jasmine Efird-Lineberry
RE/MAX Peninsula (Gloucester)
List Price
$500,000
Sold Price
$461,500
Premium/Discount to List
-$38,500
-7.7%
Total Days on Market
46
Current Estimated Value
$709,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,587
Avg. Annual Appreciation
12.90%

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
Paladino Vincent L $461,500 First Virginia Title &Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauman Mary A $30,000
Previous Owner Bauman Robert L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $461,500 -7.7% $210 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $500,000 -- $228 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $3,373 $613,300 $243,300 $370,000
2023 $2,973 $471,900 $243,300 $228,600
2022 $2,916 $462,900 $243,300 $219,600
2021 $2,916 $462,900 $243,300 $219,600
2020 $2,916 $462,900 $243,300 $219,600
2019 $2,916 $462,900 $243,300 $219,600
2018 $2,470 $418,600 $220,500 $198,100
2017 $2,470 $418,600 $220,500 $198,100
2016 -- $418,600 $220,500 $198,100
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2111856

Chesapeake Bay & Rivers Association of REALTORS®

APN: 27-55C