NOT LISTED FOR SALE

303 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $657,000 - $770,000

3 Beds
2 Baths
2,300 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $550,000 $239 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,983/month

Highlights

  • Home fronts navigable water
  • Fishing Allowed
  • Contemporary Architecture
  • Access to Tidal Water
  • River View
  • Wood Flooring

About This Home

As of January 2021

On the Point in Colonial Beach! Amazing opportunity to own this waterfront home within eyesight of restaurants and marinas. A true waterfront on the protected Monroe Bay with easy access to the Potomac River. Dock and boatlift convey with this wonderfully designed beach home. The open floor plan is perfect for entertaining. T here is a first floor bed and bath. Don't miss this waterfront home!

Last Agent to Sell the Property

Scott Cleveland

(540) 834-3200 scottvare@gmail.com RE/MAX Supercenter License #0225191567 Listed on: 09/19/2020

RE/MAX Supercenter

Last Buyer's Agent

Allen Griffey

(540) 379-9437 agriffsr@aol.com Blackwood Real Estate, Inc. License #0225196772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 2000

Lot Details

  • Home fronts navigable water
  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • River Views
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Private Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Powered Boats Permitted

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • The Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,829

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-19
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: On the Point in Colonial Beach! Amazing opportunity to own this waterfront home within eyesight of restaurants and marinas. A true waterfront on the protected Monroe Bay with easy access to the Potomac River. Dock and boatlift convey with this wonderfully designed beach home. The open floor plan is perfect for entertaining. T here is a first floor bed and bath. Don't miss this waterfront home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Window Features: Double Pane, Energy Efficient
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 239.09
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: River
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Central
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fixed Wireless, Cable, Broadband, Satellite, DSL

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WESTMORELAND COUNTY PUBLIC SCHOOLS
  • School District Key: 121137398432
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 01/07/2021

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Jan 7, 2021
Sold by
Taylor Loyd C and L C Taylor Trust
Bought by
Fortune Kenneth E and Fortune Kathleen S
Seller's Agent
Scott Cleveland
RE/MAX Supercenter
Buyer's Agent
Allen Griffey
Blackwood Real Estate, Inc.
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$719,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,635
Avg. Annual Appreciation
5.82%
Original Mortgage
$450,000
Outstanding Balance
$401,556
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$318,079

Purchase Details

Closed on
Mar 24, 2020
Sold by
Taylor Loyd C
Bought by
Taylor Loyd C and L C Taylor Trust
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 Buyer Sale Price Title Company
Fortune Kenneth E $550,000 Guaranty Title Agency Inc
Taylor Loyd C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Kenneth E $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $550,000 0.0% $239 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/13/2020 11/13/20 Off Market $550,000 -- --
09/26/2020 09/26/20 For Sale $549,900 0.0% $239 / Sq Ft
09/19/2020 09/19/20 Off Market $550,000 -- --
09/19/2020 09/19/20 For Sale $549,900 -- $239 / 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 $1,829 $435,400 $181,000 $254,400
2023 $1,742 $435,400 $181,000 $254,400
2022 $1,742 $435,400 $181,000 $254,400
2021 $1,706 $375,200 $181,000 $194,200
2020 $1,763 $375,200 $181,000 $194,200
2018 $1,501 $375,200 $181,000 $194,200
2017 -- $375,200 $181,000 $194,200
2016 $1,463 $375,200 $181,000 $194,200
2015 -- $383,300 $181,000 $202,300
2014 -- $0 $0 $0
2013 -- $383,300 $181,000 $202,300
Source: Public Records

Agents Affiliated with this Home

  • Scott Cleveland

    Seller's Agent in 2021

    Scott Cleveland

    RE/MAX

    (540) 834-3200

    30 in this area

    457 Total Sales

    Scott Cleveland
    Section Image
  • Allen Griffey

    Buyer's Agent in 2021

    Allen Griffey

    Blackwood Real Estate, Inc.

    (540) 379-9437

    68 in this area

    103 Total Sales

    Allen Griffey
    Section Image
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Map

Source: Bright MLS

MLS Number: VAWE117102

Bright MLS

APN: 3A210-1

Virginia Westmoreland County Colonial Beach 22443

303 Monroe Bay Ave, Colonial Beach, VA

This home is located at 303 Monroe Bay Ave, Colonial Beach, VA 22443 since 19 September 2020 and is currently estimated at $719,635, approximately $312 per square foot. This property was built in 2000. 303 Monroe Bay Ave is a home located in Westmoreland County with nearby schools including Colonial Beach Elementary School and Colonial Beach High School.

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