311 Fairway Dr Locust Grove, VA 22508
Estimated Value: $299,000 - $325,000
3
Beds
2
Baths
1,144
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Boat Ramp
- On Golf Course
- Community Stables
- Beach
- Golf Club
- Home fronts navigable water
About This Home
As of October 2022CLOSING COST ASSISTANCE OR FLOORING CREDIT AVAILABLE! Cute, golf course, 3 bed 2 bath, rambler. Covered porch wraps along back with a screened porch and a private deck off the master. Open kitchen, living, and dining area with screen porch off the dining area. Backs to golf course between the 17th and 18th holes. Nice .37 acre lot with plenty of room to expand or maybe add a garage. There is no carpet in the home and newer LVP in the bedrooms. Home needs very little TLC / updating to taste, and would be a great home for first time home buyers, rental income, AirBNB (yes it is allowed), second home, or even if you are just trying to downsize! Tax records are incorrect, home was built in 1997.
Lake of the Woods is a gated community that is minutes from WalMart, Food Lion, CVS, dining and more. Located approx. 15 miles west of Fredericksburg, east of Culpeper, and 65 miles from DC that offers a wealth of amenities for both land and lake lovers. The “Lake Life” offers watersports such as waterskiing, wakeboarding, tubing, wake surfing, and hydrofoiling. The “lake life” also boasts fishing, kayaking, sailing, paddle boarding, or simply floating and relaxing. We also have ample things for the land lover. Pickelball, tennis, volleyball, baseball, soft ball, soccer, equestrian center, walking trails, and more, just to name a few. Surrounded by Civil War battlefields and other historic sites. LOW is located 15 miles west of Fredericksburg and 18 miles east of Culpeper. Lake of the Woods covers approx 2600 acres with 4260 lots and 2 lakes in a gated community with 24 hour security, a Fire and Rescue squad, a waterfront clubhouse with bar and dining areas, 2 pools, 5 park/playground areas , 8 beaches, a wedding venue, golf course clubhouse at our 18 hole PGA golf course, community center, walking trails, picnic and common areas, and so so so much more! Come see for yourself why so many people Live, Love, Low! NOTE: YOU MUST BE WITH A REALTOR IN ORDER TO GAIN ACCESS TO THIS GATED COMMUNITY UNLESS YOU ARE COMING TO AN OPEN HOUSE.
Last Agent to Sell the Property
NEXTHOME BLUE HERON REALTY GROUP Listed on: 05/02/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,121
Year Built
- Built in 1997
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 70 x 179.07 x 48.27 x 63.68 x 174.33
- Home fronts navigable water
- On Golf Course
- Backs To Open Common Area
- Backs to Trees or Woods
- Property is zoned R3
HOA Fees
- $145 Monthly HOA Fees
Home Design
- Rambler Architecture
- Cottage
- Bungalow
- Cabin
- Fiberglass Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 1,144 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Golf Course Views
- Crawl Space
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Built-In Microwave
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
Home Security
- Surveillance System
- Security Gate
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
Outdoor Features
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a lake
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- Powered Boats Permitted
- Lake Privileges
- Balcony
- Deck
- Wrap Around Porch
Schools
- Locust Grove Elementary And Middle School
- Orange County High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 220
- Assessor Parcel Number 012A0000102200
Community Details
Overview
- Association fees include common area maintenance, management, pier/dock maintenance, pool(s), recreation facility, road maintenance, security gate, snow removal
- Lake Of The Woods HOA, Phone Number (540) 972-2237
- Lake Of The Woods Subdivision
- Community Lake
Amenities
- Newspaper Service
- Picnic Area
- Common Area
- Gift Shop
- Clubhouse
- Community Center
- Party Room
- Community Dining Room
- Recreation Room
- Bar or Lounge
- Laundry Facilities
- Community Storage Space
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- 10 Community Docks
- Mooring Area
- Beach
- Golf Club
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Baseball Field
- Soccer Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Fitness Center
- Lap or Exercise Community Pool
- Fishing Allowed
- Putting Green
- Dog Park
- Recreational Area
- Community Stables
- Horse Trails
- Jogging Path
- Bike Trail
Security
- 24-Hour Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2022
Closed on
Oct 17, 2022
Sold by
Pomphrey Donna L
Bought by
Mcclung Michael Gene
Seller's Agent
Tiffany Prine
NEXTHOME BLUE HERON REALTY GROUP
Buyer's Agent
Meggan Scott
Samson Properties
List Price
$266,900
Sold Price
$267,000
Premium/Discount to List
$100
0.04%
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,700
Avg. Annual Appreciation
6.04%
Original Mortgage
$262,163
Outstanding Balance
$253,571
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$58,129
Purchase Details
Closed on
May 23, 2007
Sold by
Williams Bruce J
Bought by
Pomphrey Donna L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Locust Grove, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcclung Michael Gene | $267,000 | Terrys Title | |
| Pomphrey Donna L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcclung Michael Gene | $9,438 | |
| Open | Mcclung Michael Gene | $262,163 | |
| Previous Owner | Pomphrey Donna L | $166,400 | |
| Previous Owner | Williams Bruce J | $150,000 | |
| Closed | Mcclung Michael Gene | $9,345 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2022 10/17/22 | Sold | $267,000 | 0.0% | $233 / Sq Ft |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Price Changed | $266,900 | 0.0% | $233 / Sq Ft |
| 07/19/2022 07/19/22 | For Sale | $266,900 | 0.0% | $233 / Sq Ft |
| 07/06/2022 07/06/22 | Off Market | $267,000 | -- | -- |
| 07/02/2022 07/02/22 | For Sale | $256,900 | 0.0% | $225 / Sq Ft |
| 06/20/2022 06/20/22 | Pending | -- | -- | -- |
| 06/09/2022 06/09/22 | For Sale | $256,900 | -3.8% | $225 / Sq Ft |
| 05/02/2022 05/02/22 | Off Market | $267,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,121 | $149,500 | $30,000 | $119,500 |
| 2023 | $1,121 | $149,500 | $30,000 | $119,500 |
| 2022 | $1,121 | $149,500 | $30,000 | $119,500 |
| 2021 | $1,076 | $149,500 | $30,000 | $119,500 |
| 2020 | $1,076 | $149,500 | $30,000 | $119,500 |
| 2019 | $1,102 | $137,100 | $32,000 | $105,100 |
| 2018 | $1,102 | $137,100 | $32,000 | $105,100 |
| 2017 | $1,102 | $137,100 | $32,000 | $105,100 |
| 2016 | $1,102 | $137,100 | $32,000 | $105,100 |
| 2015 | $881 | $122,300 | $30,000 | $92,300 |
| 2014 | $881 | $122,300 | $30,000 | $92,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Prine
Seller's Agent in 2022
Tiffany Prine
NEXTHOME BLUE HERON REALTY GROUP
(540) 907-2018
120 Total Sales
-
Meggan Scott
Buyer's Agent in 2022
Meggan Scott
Samson Properties
(540) 207-4220
18 Total Sales
Map
Source: Bright MLS
MLS Number: VAOR2002348
APN: 012-A0-00-01-0220-0
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