NOT LISTED FOR SALE

303 Spotswood Rd Locust Grove, VA 22508

Estimated Value: $351,000 - $383,000

3 Beds
2 Baths
1,604 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $194,000 $121 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,270/month

86 Days on Market

Highlights

  • Rambler Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • 3-minute walk to Spotswood Park

About This Home

As of May 2016

Come enjoy one-level living at the lake! Only half a mile from the main gate, this open rambler offers a spacious living room with cathedral ceiling. Rear sun room with attached deck. Updated wood flooring. Large 2-car garage & laundry/mud room. Expansive master suite. Endless amenities to enjoy in this community! Seller offering one year Home Warranty and would love an offer!

Last Agent to Sell the Property

John Fischer

EXP Realty, LLC Listed on: 01/15/2016

EXP Realty, LLC

Last Buyer's Agent

Tina Winkler

Coldwell Banker Elite License #0225177899

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1991

Lot Details

  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Plywood Siding Panel T1-11

Interior Spaces

  • Property has 1 Level
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Lake Of The Woods Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 000004586

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

Built in 1991

Lot Details

0

HOA Fees

$116 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1991
  • Remarks Public: Come enjoy one-level living at the lake! Only half a mile from the main gate, this open rambler offers a spacious living room with cathedral ceiling. Rear sun room with attached deck. Updated wood flooring. Large 2-car garage & laundry/mud room. Expansive master suite. Endless amenities to enjoy in this community! Seller offering one year Home Warranty and would love an offer!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Refrigerator, Dishwasher, Oven/Range - Electric, Range Hood, Water Heater
  • Interior Amenities: Kitchen - Eat-In, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: T-1-11
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1392.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141052477

Lot Info

  • Improvement Assessed Value: 134800.00
  • Land Assessed Value: 30000.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18818819
  • Tax Annual Amount: 1324.99
  • Assessor Parcel Number: 000004586
  • Tax Lot: 52
  • Tax Total Finished Sq Ft: 1604
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
May 20, 2016
Sold by
Rumph John Stanley and Rumph Marylin H
Bought by
Gaines Steven W and Gaines Daphne J
Seller's Agent
John Fischer
EXP Realty, LLC
Buyer's Agent
Tina Winkler
Coldwell Banker Elite
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%
Current Estimated Value
$370,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,511
Avg. Annual Appreciation
7.52%
Original Mortgage
$194,000
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 22, 2015
Sold by
Norton Charles R and Norton Sheri
Bought by
Rumph John Stanley and Rumph Marylin H
Seller's Agent
John Empey
Samson Properties
Buyer's Agent
Lee Stoffregen
Lee & Associates Realty LLC.
List Price
$199,000
Sold Price
$188,000
Premium/Discount to List
-$11,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$193,171
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Listed on
Apr 19, 2013
Closed on
Nov 21, 2013
Sold by
Snow Frank J
Bought by
Norton Charles R and Norton Sheri
Seller's Agent
Christine Melcho
MacDoc Realty LLC
Buyer's Agent
James Monical
Weichert, REALTORS - Lake of the Woods
List Price
$164,500
Sold Price
$148,550
Premium/Discount to List
-$15,950
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Original Mortgage
$131,445
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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
Gaines Steven W $194,000 Multiple
Rumph John Stanley $187,000 Title Solutions Inc
Norton Charles R $148,550 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Steven W $222,000
Closed Rgs Title Llc $228,000
Closed Gaines Steven W $195,000
Closed Gaines Steven W $194,000
Previous Owner Rumph John Stanley $193,171
Previous Owner Norton Charles R $131,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $194,000 +0.8% $121 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
03/21/2016 03/21/16 Price Changed $192,500 -2.5% $120 / Sq Ft
02/17/2016 02/17/16 Price Changed $197,400 -1.3% $123 / Sq Ft
01/15/2016 01/15/16 For Sale $199,900 +6.3% $125 / Sq Ft
05/28/2015 05/28/15 Sold $188,000 -5.5% $117 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $199,000 +34.0% $124 / Sq Ft
12/13/2013 12/13/13 Sold $148,550 -9.7% $99 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $164,500 +10.7% $109 / Sq Ft
09/18/2013 09/18/13 Off Market $148,550 -- --
09/02/2013 09/02/13 For Sale $164,500 0.0% $109 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
05/06/2013 05/06/13 Price Changed $164,500 0.0% $109 / Sq Ft
05/06/2013 05/06/13 For Sale $164,500 +4.1% $109 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $158,000 -- $105 / 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 $1,505 $199,100 $30,000 $169,100
2023 $1,505 $199,100 $30,000 $169,100
2022 $1,505 $199,100 $30,000 $169,100
2021 $1,444 $200,600 $30,000 $170,600
2020 $1,444 $200,600 $30,000 $170,600
2019 $1,420 $176,600 $30,000 $146,600
2018 $1,420 $176,600 $30,000 $146,600
2017 $1,420 $176,600 $30,000 $146,600
2016 $1,420 $176,600 $30,000 $146,600
2015 -- $164,800 $30,000 $134,800
2014 -- $164,800 $30,000 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002370128

Bright MLS

APN: 012-A0-00-14-0052-0