NOT LISTED FOR SALE

Estimated Value: $1,918,000 - $3,596,000

5 Beds
5.5 Baths
7,100 Sq Ft
$372/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $2,025,000 $285 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $15,696/month

8 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Tennis Courts
  • James River High School Rated A-
  • Water Access
  • Pool House

About This Home

As of February 2021

What a perfect place to retreat during these crazy Covid times! This property has everything you could want for your family including spaces for home offices, spaces for studying at home and lots of fresh air and green spaces for social distancing. Built by Danish craftsmen in 1987, this classic European style home has over 7,000 sq. ft. and is beautifully sited on over five acres overlooking Lake Reed. Enjoy year-round resort living with the pool, tennis court, and boat dock. The first floor (12’ ceilings) features gorgeous formal rooms, renovated granite chef’s kitchen and butler’s pantry, breakfast room and family room with sun room area. The second floor (10’ ceilings) features the primary suite plus four more bedrooms and a fantastic office/library. The lower level features an exercise room, media/play room, workshop and loads of storage. To complete this offering you’ll find four fireplaces, pool house with full bath, multi-level bluestone terrace and a three-car garage! Come and enjoy the sunrises, sunsets and the beauty of all four seasons in an amazingly convenient location!

Last Agent to Sell the Property

Karen Berkness

The Steele Group License #0225042448 Listed on: 12/15/2020

The Steele Group

Last Buyer's Agent

Pam Diemer

Long & Foster REALTORS License #0225079431

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,558

Year Built

  • Built in 1987

Lot Details

  • 5.82 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Sprinkler System
  • Zoning described as R40

Parking

  • 3 Car Direct Access Garage
  • Basement Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 7,100 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • 4 Fireplaces
  • Gas Fireplace
  • French Doors
  • Workshop
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Sump Pump
  • Crawl Space

Pool

  • Pool House
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Docks
  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting
  • Outbuilding

Schools

  • Robious Elementary And Middle School
  • James River High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Boat Dock
  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 738-72-59-32-600-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,558

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 5.82
  • Water Body Name: Lake Reed
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Spanish/Mediterranean
  • 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: Ceramic Tile, Marble, Partially Carpeted, Wood
  • Basement: Crawl Space, Garage Access, Sump Pump
  • Appliances: Down Draft, Double Oven, Dishwasher, Electric Water Heater, Freezer, Gas Cooking, Disposal, Ice Maker, Microwave, Range, Refrigerator, Tankless Water Heater, Wine Cooler
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 500.0
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Butler's Pantry, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s), Workshop
  • Living Area: 7100.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Concrete, Tile
  • Pool Features: Gunite, In Ground, Pool
  • Waterfront Features: Lake, Lake Front, Pond, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Block, Drywall, Stucco
  • Exterior Features: Dock, Sprinkler/Irrigation, Lighting, Out Building(s), Tennis Court(s), Paved Driveway
  • Other Structures: Outbuilding, Pool House
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Basement, Circular Driveway, Direct Access, Driveway, Garage Door Opener, Guest, Oversized, Paved, Two Spaces, Workshop in Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Dock, Tennis Court(s)

Schools

  • Middle Or Junior School: Robious

Lot Info

  • Parcel Number: 738-72-59-32-600-000
  • Zoning Description: R40
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14558.0

MLS Schools

  • Elementary School: Robious
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 17, 2021
Sold by
Graham Alexander C and Berkness Margaret Karen
Bought by
Srmm Llc
Seller's Agent
Karen Berkness
The Steele Group
Buyer's Agent
Pam Diemer
Long & Foster REALTORS
List Price
$2,250,000
Sold Price
$2,025,000
Premium/Discount to List
-$225,000
-10%
Current Estimated Value
$2,637,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,789
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Aug 8, 2005
Sold by
Monday Susan S
Bought by
Graham Alexander C and Graham Berkness,Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,497,600
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
Hanneman Rodney E and Hanneman Bodil H
Bought by
Monday David L and Monday Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.74%
Mortgage Type
New Conventional
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
Srmm Llc $2,025,000 First American Title
Graham Alexander C $1,872,063 --
Monday David L $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Alexander C $1,497,600
Previous Owner Monday David L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $2,025,000 -10.0% $285 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $2,250,000 -- $317 / Sq Ft
Source: Central Virginia Regional 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 $19,875 $2,230,300 $353,100 $1,877,200
2024 $19,875 $2,191,500 $339,100 $1,852,400
2023 $18,764 $2,062,000 $247,400 $1,814,600
2022 $18,166 $1,974,600 $247,400 $1,727,200
2021 $14,583 $1,532,400 $240,400 $1,292,000
2020 $14,558 $1,532,400 $240,400 $1,292,000
2019 $14,558 $1,532,400 $240,400 $1,292,000
2018 $14,684 $1,532,400 $240,400 $1,292,000
2017 $14,761 $1,532,400 $240,400 $1,292,000
2016 $14,711 $1,532,400 $240,400 $1,292,000
2015 $14,591 $1,517,300 $237,600 $1,279,700
2014 $14,525 $1,510,400 $230,700 $1,279,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2036988

Central Virginia Regional MLS

APN: 738-72-59-32-600-000