NOT LISTED FOR SALE

350 Pepper Cove Way Susan, VA 23163

Mathews Neighborhood

Estimated Value: $643,000 - $722,710

3 Beds
1.5 Baths
1,890 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $400,000 $212 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,003/month

295 Days on Market

Highlights

  • Docks
  • Barn
  • Home fronts a creek
  • Home fronts navigable water
  • Stables
  • 17.05 Acre Lot

About This Home

As of September 2020

Historic waterfront gem! Fully renovated farmhouse on over 18 acres of serene private land. This home is truly a sanctuary for people and animals alike. Over 4,000 feet of water frontage on Pepper Creek with easy navigation to the bay. Located just 5 minutes from Mathews Courthouse yet a world away. All new kitchen with windows on the water, built-in window seats, sunny white quality cabinetry, solid quartz countertops, stainless appliances, pantry and a 2nd staircase for convenience. Enter through a waterside sunroom with gorgeous wood floors and panoramic water views. Home features a living room with gas stove/fireplace, formal front entrance, antique staircase and newly refinished wood floors. There is a separate dining room with loads of sunlight and a dish pantry. Upstairs there are 3 bedrooms and a full bathroom featuring spectacular water views, sun filled rooms, and completely refreshed flooring. Outside there are 2 piers, a detached garage, 3 bay barn and multiple outbuildings. This charming property could easily accommodate horses! Note: Home owner is a realtor licensed in the state of Virginia.

Last Agent to Sell the Property

Peggy Long

Long & Foster Real Estate License #0225197713 Listed on: 10/18/2019

Long & Foster Real Estate

Last Buyer's Agent

Kathy Gwyn

BHHS RW Towne Realty LLC License #0225233334

BHHS RW Towne Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1900

Lot Details

  • 17.05 Acre Lot
  • Home fronts a creek
  • Home fronts navigable water

Parking

  • 1 Car Detached Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Shed
  • Outbuilding
  • Front Porch

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Generator Hookup
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 41-A-42

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 17.05
  • Lot Size: 17.05
  • Water Body Name: Pepper Creek
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Range Hood, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Solid Surface Counters
  • Living Area: 1890.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: Creek, Navigable Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Owner Is Listing Agent
  • Construction Type: Brick, Drywall, Frame, Plaster, Vinyl Siding
  • Exterior Features: Dock, Out Building(s), Unpaved Driveway
  • Other Structures: Garage(s), Shed(s), Barn(s), Outbuilding, Stable(s)
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Unpaved

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Heat Pump
  • Electric: Generator Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 41-A-42
  • Horse Amenities: Horses Allowed
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2597.0
  • Tax Lot: 42

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Sep 4, 2020
Sold by
Hill Thornton M and Hill Susan M
Bought by
Smith William A and Smith Catherine A
Seller's Agent
Peggy Long
Long & Foster Real Estate
Buyer's Agent
Kathy Gwyn
BHHS RW Towne Realty LLC
List Price
$445,000
Sold Price
$400,000
Premium/Discount to List
-$45,000
-10.11%
Current Estimated Value
$684,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,928
Avg. Annual Appreciation
8.48%
Original Mortgage
$150,000
Outstanding Balance
$134,019
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$466,427

Purchase Details

Closed on
Jul 10, 2018
Sold by
Hill Thornton M and Hill Susan M
Bought by
Hill Business Trust

Purchase Details

Closed on
Mar 22, 2012
Sold by
Hill Thornton M and Hill Susan M
Bought by
Hill Thornton M and Hill Suan M

Purchase Details

Closed on
Dec 2, 2010
Sold by
Hill Thornton M and Hill Susan M
Bought by
Hill Thornton M and Hill Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 10, 2010
Sold by
Hill Susan M and Hill Thornton M
Bought by
Hill Thornton M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Smith William A $400,000 Amtrust Title Insurance Co
Hill Business Trust -- None Available
Hill Thornton M -- None Available
Hill Thornton M -- None Available
Hill Thornton M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William A $150,000
Previous Owner Hill Thornton M $744,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $400,000 -10.1% $212 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $445,000 -- $235 / 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
2025 $3,339 $556,500 $278,000 $278,500
2024 $3,116 $556,500 $278,000 $278,500
2023 $3,116 $556,500 $278,000 $278,500
2022 $2,761 $431,400 $278,000 $153,400
2021 $2,597 $402,700 $278,000 $124,700
2020 $2,597 $402,700 $278,000 $124,700
2019 $2,597 $402,700 $278,000 $124,700
2018 $2,316 $402,700 $278,000 $124,700
2017 $2,316 $402,700 $278,000 $124,700
2015 $21,951 $0 $0 $0
2014 $21,951 $406,500 $275,000 $131,500
2013 $1,911 $406,500 $275,000 $131,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Peggy Long

    Long & Foster Real Estate

    (804) 725-6614

    18 in this area

    53 Total Sales

    Peggy Long
    Section Image
  • Kathy Gwyn

    Buyer's Agent in 2020

    Kathy Gwyn

    BHHS RW Towne Realty LLC

    (757) 725-2257

    6 in this area

    48 Total Sales

    Kathy Gwyn
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1933845

Chesapeake Bay & Rivers Association of REALTORS®

APN: 41-A-42

Virginia Mathews County 23163 Mathews

350 Pepper Cove Way, VA

This home is located at 350 Pepper Cove Way, Susan, VA 23163 since 18 October 2019 and is currently estimated at $684,928, approximately $362 per square foot. This property was built in 1900. 350 Pepper Cove Way is a home located in Mathews County with nearby schools including Thomas Hunter Middle School and Mathews High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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