NOT LISTED FOR SALE

Estimated Value: $630,000 - $1,060,556

3 Beds
3.5 Baths
3,929 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $485,000 $123 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,635/month

113 Days on Market

Highlights

  • Docks
  • River Access
  • Stables
  • Guest House
  • Barn
  • Home fronts a creek

About This Home

As of March 2020

Bailey's Cove & Woodas Creek off East River Colonial home built in 1930 with guest apartment, 3 stall horse barn, garages, workshop on 5.13 private acres. This property is located minutes to the Mobjack Bay and minutes to town by car. The property offers over 400' of rip rapped water frontage with 3-4' MLW (per seller) The home offers a large eat-in, waterfront kitchen, with spacious utility room, large dining, living, & family rooms. The first floor also offers a 1 bedroom apartment with full kitchen and living area with own private entrance and waterfront views and door. This area can be used for long term or vacation rental. The second floor overs 3 bedrooms and a bonus room and 2 full bathrooms. This home features 9' ceilings, beautiful crown molding, hardwood floors, 2 fireplaces (wood & gas), built-in's, decks, & beautiful moldings. If your and equestrian there are 3 stall stables and partially fenced. The 3 bay detached garage also offers overhead bonus rooms and an office area with multiple rooms. There are lots of mature trees and landscaping and such a private setting. This is a beautiful waterfront home and property waiting for you!

Last Agent to Sell the Property

Renee Edwards

Morgan & Edwards Real Estate License #0225045109 Listed on: 10/22/2019

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1930

Lot Details

  • 5.13 Acre Lot
  • Home fronts a creek
  • Partially Fenced Property

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,929 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Sliding Doors
  • Separate Formal Living Room
  • Workshop
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • River Access
  • Docks
  • Deck
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Oil Water Heater
  • Water Softener
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 25-A-114

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,751

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 5.13
  • Water Body Name: Woodas Creek
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Linoleum, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Microwave, Oil Water Heater, Refrigerator, Smooth Cooktop, Water Softener, Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Gas, Masonry, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Laminate Counters, Pantry, Workshop
  • Living Area: 3929.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Fenced, Partial
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: Creek, River Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Plaster, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Dock, Out Building(s), Storage, Shed
  • Other Structures: Garage(s), Barn(s), Guest House, Outbuilding, Stable(s)
  • Patio And Porch Features: Rear Porch, Front Porch, Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Detached, Garage, Two Spaces, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump, Oil
  • Cooling: Central Air, Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 25-A-114
  • Horse Amenities: Horses Allowed
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3751.0
  • Tax Lot: 114

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Mar 5, 2020
Sold by
Gilbert Cynthia G and The Gilbert Trust
Bought by
Pratt Richard H and Faraci Maureen
Seller's Agent
Renee Edwards
Morgan & Edwards Real Estate
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
113
Current Estimated Value
$800,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,639
Avg. Annual Appreciation
10.06%
Original Mortgage
$388,000
Outstanding Balance
$347,297
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$453,342
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
Pratt Richard H $485,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Richard H $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $485,000 -3.0% $123 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $499,900 -- $127 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $4,631 $827,000 $224,500 $602,500
2023 $4,631 $827,000 $224,500 $602,500
2022 $3,871 $604,800 $224,500 $380,300
2021 $3,751 $581,500 $224,500 $357,000
2020 $3,751 $581,500 $224,500 $357,000
2019 $3,751 $581,500 $224,500 $357,000
2018 $3,344 $581,500 $224,500 $357,000
2017 $3,344 $581,500 $224,500 $357,000
2015 $28,728 $0 $0 $0
2014 $28,728 $532,000 $224,600 $307,400
2013 $2,500 $532,000 $224,600 $307,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1934648

Chesapeake Bay & Rivers Association of REALTORS®

APN: 25-A-114