NOT LISTED FOR SALE

348 Cottonwood Dr Winchester, VA 22603

Estimated Value: $758,797 - $855,000

4 Beds
3.5 Baths
4,472 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $750,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,744/month

2 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • 3 Fireplaces
  • 5 Acre Lot
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of January 2023

Gorgeous 5 acre property - beautifully landscaped 2.5 acres of flat, open space, surrounded by wooded privacy. This type of property doesn’t come along often and is within 7 minutes of downtown Winchester and 10 minutes to the hospital. Fiber option is currently being installed in this neighborhood. This home has so many unique features. Enjoy the custom patio space, while listening to the waterfall that pours into the fish pond. The kitchen is full of gourmet appliances and waterfall art that conveys with the home. You’ll see the meticulous care these owners have taken. The basement is fully finished with a bar, custom sauna, and a full guest suite. The privacy and tranquility of the beautiful property will make you fall in love!

Last Agent to Sell the Property

Lori Bales

Keller Williams Realty License #0225229904 Listed on: 12/15/2022

Keller Williams Realty

Last Buyer's Agent

Katrina Smith

RE/MAX Roots License #WVA230040256

RE/MAX Roots

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 1991

Lot Details

  • 5 Acre Lot
  • Property is zoned RA

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Side Exterior Basement Entry

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Community Details

  • Cottonwood Property Owners Association
  • Cottonwood Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 32 17 4 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,183

Year Built

Built in 1991

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-12-15
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeous 5 acre property - beautifully landscaped 2.5 acres of flat, open space, surrounded by wooded privacy. This type of property doesn’t come along often and is within 7 minutes of downtown Winchester and 10 minutes to the hospital. Fiber option is currently being installed in this neighborhood. This home has so many unique features. Enjoy the custom patio space, while listening to the waterfall that pours into the fish pond. The kitchen is full of gourmet appliances and waterfall art that conveys with the home. You’ll see the meticulous care these owners have taken. The basement is fully finished with a bar, custom sauna, and a full guest suite. The privacy and tranquility of the beautiful property will make you fall in love!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Cooktop, Icemaker, Refrigerator, Washer, Oven - Wall
  • Interior Amenities: Breakfast Area, Chair Railings, Crown Moldings, Dining Area, Floor Plan - Traditional, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Wet/Dry Bar, Built-Ins, Ceiling Fan(s), Water Treat System, Kitchen - Gourmet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Outside Entrance, Side Entrance
  • Total Sq Ft: 4472
  • Living Area Sq Ft: 4472
  • Price Per Sq Ft: 260.77
  • Above Grade Finished Sq Ft: 2972
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 348

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Satellite Dish
  • Roof: Architectural Shingle
  • 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
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available, Propane
  • Water Source: Private, Well
  • Internet Services: Satellite, Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: COTTONWOOD PROPERTY OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121140907577
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 402300.00
  • Land Assessed Value: 119500.00
  • Land Use Code: 2
  • Lot Size Acres: 5.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Outdoor Living Structures: Patio(s), Screened
  • Year Assessed: 2022
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18802445
  • Tax Annual Amount: 3183.00
  • Assessor Parcel Number: 32 17 4 2
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2972
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/27/2023

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 27, 2023
Sold by
Hensley Ralph H and Hensley Michael David
Bought by
Hamner Michael and Hamner Elizabeth
Seller's Agent
Lori Bales
Keller Williams Realty
Buyer's Agent
Katrina Smith
RE/MAX Roots
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
22
Current Estimated Value
$812,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,199
Avg. Annual Appreciation
3.14%
Original Mortgage
$712,500
Outstanding Balance
$690,846
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$121,353

Purchase Details

Closed on
Apr 2, 2008
Sold by
Cooper Mark F
Bought by
Lawrence Michael D and Hensley Iii,Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hamner Michael $750,000 Old Republic National Title
Lawrence Michael D $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamner Michael $712,500
Previous Owner Hensley Ralph H $60,000
Previous Owner Lawrence Michael D $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $750,000 -3.2% $168 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $775,000 -- $173 / 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 $3,324 $692,400 $146,000 $546,400
2024 $1,617 $634,000 $127,500 $506,500
2023 $3,233 $634,000 $127,500 $506,500
2022 $3,183 $521,800 $119,500 $402,300
2021 $3,183 $521,800 $119,500 $402,300
2020 $2,766 $453,500 $119,500 $334,000
2019 $2,766 $453,500 $119,500 $334,000
2018 $2,605 $427,000 $119,900 $307,100
2017 $2,562 $427,000 $119,900 $307,100
2016 $2,336 $389,300 $107,200 $282,100
2015 $2,180 $389,300 $107,200 $282,100
2014 $1,070 $358,400 $107,200 $251,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFV2009814

Bright MLS

APN: 3217-4-2