NOT LISTED FOR SALE

307 Falmouth Dr Ruther Glen, VA 22546

Estimated Value: $434,000 - $486,306

4 Beds
2 Baths
2,200 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $477,900 $217 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,011/month

20 Days on Market

Highlights

  • Beach
  • Water Oriented
  • Open Floorplan
  • New Construction
  • Gated Community
  • Lake Privileges

About This Home

As of June 2022

** EARLY JUNE COMPLETION ** Beautiful corner lot at the base of cul-de-sac backing to tree line for privacy featuring Foundation Homes' award winning HAVEN plan has started construction. The Haven plan offers 4 large bedrooms 2.5 baths. Primary bedroom delivers on space and luxury. Secondary bedrooms and bath provide plenty of space for hectic mornings or enjoyable stay at home evenings (even a double sink in the hall bath!) Upper level separate laundry provides convenience. This one is LOADED w/ extras! Sophisticated Black Iron package through out (plumbing, cabinet hardware, door hardware, lights, etc.). To continue with the look of sophistication, is the oak railing system with wrought iron pickets, stainless steel appliances, sleek granite countertops throughout and Luxury Vinyl Plank flooring across the entire main level. Top Quality cabinets, full-overlay w/ dove tail seams and soft close feature on all doors & drawers, Working from home is a breeze with the added Home Office Upgrade (Potential to upgrade to Barn door). Featuring privacy of interior glass French doors (without having the natural light or view impeded). The conditioned, natural walkout level unfinished basement offers a blank slate for future expansion and use. Walk to Lake Heritage! Be a part of this amazing, lake centered , gated community of Lake Land'or just in time to enjoy this summer and for years to come! CONTACT FOUNDATION HOMES FOR TOUR OR MORE INFORMATION. Builder recommends use of Preferred Lender for financing -Union Home Mortgage - The Scott Hine Team. Ask about special incentives for use of Preferred Lender & Settlement Company

Last Agent to Sell the Property

Teressa Taylor Griffis

(540) 654-6188 Teressa@ttgva.com Coldwell Banker Elite License #0225190215 Listed on: 04/20/2022

Coldwell Banker Elite

Last Buyer's Agent

Melissa Stewart

(540) 809-4547 melissastewarthomes@gmail.com Coldwell Banker Elite License #0225076067

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378,840

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Permanent Foundation
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Spray Foam Insulation
  • Blown-In Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Rough-In Plumbing
  • Stick Built Home

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Rough-In Basement Bathroom

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Lake Privileges

Schools

  • Caroline High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 51A7-1-B-823

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), road maintenance, security gate, snow removal
  • $1,150 Other One-Time Fees
  • Built by Foundation Homes Inc
  • Lake Land Or Subdivision, Haven Floorplan
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Community Center

Recreation

  • Beach
  • Community Playground
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$378,840

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer/Dryer Hookups Only
  • Flooring Type: Hardwood, Ceramic Tile, Luxury Vinyl Plank, Partially Carpeted, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Permanent, Slab
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Laundry, Office, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Heated, Outside Entrance, Poured Concrete, Rough Bath Plumb, Sump Pump, Unfinished, Walkout Level
  • Laundry Type: Hookup
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 220.41
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Unfinished Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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, Batts Insulation, Blown-In Insulation, Combination, Concrete, Frame, Rough-In Plumbing, Spray Foam Insulation, Stick Built
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: LAKE HERITAGE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Community Center, Gated Community, Lake, Picnic Area, Pool - Outdoor, Security, Swimming Pool, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Road Maintenance, Security Gate, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Concrete, Fenced, In Ground

Fee Information

  • Other Fees: 1150.00
  • Other Fees Frequency: One Time

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: CAROLINE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Corner, Cul-De-Sac
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16552.80
  • Zoning: X
  • In City Limits: No

Building Info

  • Builder Name: Foundation Homes Inc

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16798932
  • Assessor Parcel Number: 51A7-1-B-823
  • Tax Year: 2022

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 17, 2022
Sold by
Foundation Homes Inc
Bought by
Phillips Justin David
Seller's Agent
Teressa Taylor Griffis
Coldwell Banker Elite
Buyer's Agent
Melissa Stewart
Coldwell Banker Elite
List Price
$484,900
Sold Price
$477,900
Premium/Discount to List
-$7,000
-1.44%
Current Estimated Value
$465,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,573
Avg. Annual Appreciation
-0.77%
Original Mortgage
$437,900
Outstanding Balance
$416,663
Interest Rate
5.27%
Mortgage Type
VA
Estimated Equity
$48,664

Purchase Details

Closed on
Jul 15, 2020
Sold by
Wilson Violet Ellen and Alvarado Violet Ellen
Bought by
Foundation Homes Inc
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 Buyer Sale Price Title Company
Phillips Justin David $477,900 North American Title
Foundation Homes Inc $22,000 North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Justin David $437,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $477,900 -1.4% $217 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $484,900 -- $220 / 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 $378,840 $492,000 $55,000 $437,000
2024 $2,413 $313,400 $51,000 $262,400
2023 $2,389 $310,300 $51,000 $259,300
2022 $300 $39,000 $39,000 $0
2021 $300 $39,000 $39,000 $0
2020 $241 $29,000 $29,000 $0
2019 $241 $29,000 $29,000 $0
2018 $241 $29,000 $29,000 $0
2017 $241 $29,000 $29,000 $0
2016 $238 $29,000 $29,000 $0
2015 -- $40,000 $40,000 $0
2014 -- $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VACV2001742

Bright MLS

APN: 51A7-1 B-823