NOT LISTED FOR SALE

303 Cove Ct Lanexa, VA 23089

Estimated Value: $749,000 - $787,000

6 Beds
6 Baths
4,457 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $468,000 $105 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,356/month

293 Days on Market

Highlights

  • Boat Ramp
  • Cape Cod Architecture
  • 2 Fireplaces
  • Garage Apartment
  • Wood Flooring
  • Formal Dining Room

About This Home

As of June 2018

Nature Lover’s Paradise! Sit back and enjoy the peaceful paradise of this amazing custom built home. Watch the eagles, ospreys and blue herons from your backyard view. First floor living has everything you need! Formal Living and Dining and a Great Room, remodeled Kitchen with granite and a walk-in pantry to die for! Features a sun room or play room large enough for a pool table! Plenty of room for all the guests upstairs! Bedrooms have their own baths! You will be amazed at the in-law suite apartment with kitchenette and a separate entrance. Several rooms are versatile for recreation or just plain relaxation! 3 car garage.
The Colonies is a waterfront community just over the New Kent line from James City County and is convenient to Williamsburg and Richmond. No mandatory HOA but join for a $100 annual fee to use the boat ramp and fishing pier.

Last Agent to Sell the Property

Janet Thrall

Berkshire Hathaway HomeServices Towne Realty License #0225056951 Listed on: 05/01/2017

Berkshire Hathaway HomeServices Towne Realty

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 2001

Lot Details

  • 0.9 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,457 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Bay Window
  • French Doors
  • Formal Dining Room
  • Crawl Space
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2.5 Car Direct Access Garage
  • Garage Apartment
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Community Well
  • Propane Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 52A3 2 85

Community Details

Recreation

  • Boat Ramp
  • Community Playground

Additional Features

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,509

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Zoning: ROA
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Cape
  • Structure: Block, Frame
  • Price Per Finished Sq Ft: 105.00
  • Appliances Equipment: Disposal, Double Oven, Gas Cooking, Microwave, Refrigerator, Wall Oven
  • Total Bathrooms: 6.00
  • Building Structures: Shed
  • County Or City: New Kent
  • Lot: 85
  • Parcel Number: 52A3 2 85
  • Siding: Vinyl
  • SP/ Sq Ft: 105.00
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Acres: 0.9000
  • Total Sq Ft: 4457
  • Year Built: 2001
  • Special Features: None
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Number of Rooms: 13
  • Fireplace: Brick, Wood Burning
  • Total Fireplaces: 2
  • Basement Type: Crawl Space
  • Flooring: Carpet, Tile, Wood
  • Attic: Walk-Up
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Level 1 Full Bathrooms: 3
  • Level 2 Full Bathrooms: 3
  • Interior: Bay/Bow Window, Eat-In-Kitchen, Formal Dining Room, French Doors, Island, Pantry, Recessed Lighting
  • Number Of Levels: 2.00
  • Post Office: Lanexa

Exterior Features

  • Exterior: Patio
  • Roof: Wood Shingle

Garage/Parking

  • Garage Type: Apartment, Attached, Direct Entry, Workshop
  • Number Of Cars: 2.5
  • Parking: Off Street, Paved Driveway

Utilities

  • Heating Fuel: Electric, Propane Gas
  • Heating: Zoned
  • Cooling: Electric, Zoned
  • Sewer: Conventional Septic
  • Water: Community Well
  • Water Heater: Propane Gas, Tank

Condo/Co-op/Association

  • Amenities: Boat Ramp, Common Area, Playground
  • Fee: 100.00
  • Fee Period: Yearly

Schools

  • Elementary School: New Kent
  • High School: New Kent
  • Middle School: New Kent

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 3509.00
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 4, 2018
Sold by
Gray Edward F and Gray Judith Lynn
Bought by
Whatley Joshua N and Whatley Amanda L
Seller's Agent
Janet Thrall
Berkshire Hathaway HomeServices Towne Realty
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$484,000
Sold Price
$468,000
Premium/Discount to List
-$16,000
-3.31%
Current Estimated Value
$765,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,462
Avg. Annual Appreciation
6.68%
Original Mortgage
$374,000
Outstanding Balance
$323,447
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$442,015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Whatley Joshua N $468,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whatley Joshua N $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $468,000 0.0% $105 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $468,000 -1.5% $105 / Sq Ft
06/22/2017 06/22/17 Price Changed $475,000 -1.9% $107 / Sq Ft
05/01/2017 05/01/17 For Sale $484,000 -- $109 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $4,136 $689,300 $104,500 $584,800
2024 $4,067 $689,300 $104,500 $584,800
2023 $3,649 $544,600 $103,000 $441,600
2022 $3,649 $544,600 $103,000 $441,600
2021 $3,741 $473,600 $93,200 $380,400
2020 $3,706 $469,100 $93,200 $375,900
2019 $36 $445,000 $86,000 $359,000
2018 $36 $445,000 $86,000 $359,000
2017 $3,467 $417,700 $86,000 $331,700
2016 $3,467 $417,700 $86,000 $331,700
2015 $3,620 $430,900 $96,500 $334,400
2014 -- $430,900 $96,500 $334,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1716100

Williamsburg Multiple Listing Service

APN: 52A3 2 85