NOT LISTED FOR SALE

355 Quarters Cove Dr Weems, VA 22576

Estimated Value: $400,991 - $552,000

3 Beds
2.5 Baths
1,898 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $269,900 $142 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,748/month

173 Days on Market

Highlights

  • Water Access
  • Wood Flooring
  • Front Porch
  • Deck
  • Main Floor Bedroom
  • Walk-In Closet

About This Home

As of June 2020

Charming updated home on 3.2 acres located in Quarters Cove. This home consists of approximately 1900 S.q Ft, offering an easy flow from the living room to dining area and kitchen. On the main floor there is a master bedroom with walk in closets and an updated bathroom (2019), and a sunroom. The second floor consists of two bedrooms, an additional room and a full bath. Updates include new HVAC in 2018 and wood flooring in 2015. The exterior of the home offers a generator and a large 22 X 20 composite deck. Community offers deeded water access to the eastern Corrotoman River. Conveniently located outside the town of Kilmarnock.

Last Listed By

Hunter Law

IsaBell K. Horsley Real Estate License #0225199071 Listed on: 12/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 2004

Lot Details

  • 3.2 Acre Lot
  • Zoning described as R1

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • Water Access
  • Deck
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Power Generator
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Quarters Cove Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 22C-1-19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 2004

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Property Attached Yn: No
  • Lot Size Acres: 3.2
  • Ownership: Individuals
  • Subdivision Name: Quarters Cove
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Appliances: Electric Water Heater
  • Other Equipment: Generator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Dining Area, Walk-In Closet(s)
  • Living Area: 1898.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Water Access
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Water Access

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 22C-1-19
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1123.0
  • Tax Lot: 19

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jun 15, 2020
Sold by
Welch Justin A and Welch Marianna L
Bought by
Hoover William C and Hoover Joann
Seller's Agent
Hunter Law
IsaBell K. Horsley Real Estate
Buyer's Agent
Andrea Holt
IsaBell K. Horsley Real Estate
List Price
$285,000
Sold Price
$269,900
Premium/Discount to List
-$15,100
-5.3%
Total Days on Market
173
Current Estimated Value
$458,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,098
Avg. Annual Appreciation
11.55%
Original Mortgage
$215,900
Outstanding Balance
$193,479
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$265,519

Purchase Details

Closed on
Mar 8, 2016
Sold by
Welch Justin A and Welch Marianna L
Bought by
Welch Justin A and Welch Marianna L

Purchase Details

Closed on
Jul 20, 2015
Sold by
Everett Kara G
Bought by
Welch Justin A and Long Marianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Federal National Mortgage Association
Bought by
George Kara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.76%
Mortgage Type
New Conventional

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
Hoover William C $269,900 Attorney
Welch Justin A -- None Available
Welch Justin A $240,000 None Available
George Kara N $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover William C $215,900
Previous Owner Welch Justin A $47,500
Previous Owner Welch Justin A $192,000
Previous Owner George Kara N $170,000
Previous Owner George Kara N $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $269,900 -5.3% $142 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $285,000 -- $150 / 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 $2,131 $387,400 $32,400 $355,000
2023 $1,517 $240,800 $32,400 $208,400
2022 $1,254 $199,100 $32,400 $166,700
2021 $1,254 $199,100 $32,400 $166,700
2020 $1,254 $199,100 $32,400 $166,700
2019 $1,254 $199,100 $32,400 $166,700
2018 $1,123 $190,400 $36,400 $154,000
2017 $1,123 $190,400 $36,400 $154,000
2016 -- $190,400 $36,400 $154,000
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

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Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1938008

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22C-1-19