NOT LISTED FOR SALE

401 Marshall Ave Colonial Beach, VA 22443

Estimated Value: $515,000 - $596,000

4 Beds
2.5 Baths
1,736 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $480,000 $276 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,130/month

20 Days on Market

Highlights

  • Home fronts navigable water
  • Public Beach
  • Craftsman Architecture
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Wood Flooring

About This Home

As of April 2022

You don't want to miss this one! This great home with true character has been beautifully renovated throughout. Its located in the popular, sought after " Point" area of town. Super convenient to beaches, marinas & restaurants. Come spend your weekends or every beautiful day! Great for a weekend getaway or year round living. As you enter from the glorious covered porch you'll enter the main floor with living room, dining area, spacious kitchen , breakfast nook & half bath. Also here is master bedroom with full bath and walk in closet.
Journey upstairs to find 3 wonderfully large bedrooms with extra large closets. There is a full bath up here with double vanity. So much attention was kept to the details in this remodel. There are new wood floors throughout but the wide baseboard and finishing touches giving it the period character were kept. The house is like new! You can relax spending your evenings or have your morning coffee on the awesome front 8 x 26 ft porch with ceiling fans or the sunny 12 x 19 rear deck. Come see for yourself. This house will not disappoint! There is even a bit of waterview of Monroe Bay from the rear of the home for your pleasure. Note that the bedrooms have switch & wiring in place to accommodate ceiling fans.

Last Agent to Sell the Property

Cathy Reed

Coldwell Banker Elite License #0225091284 Listed on: 02/26/2022

Coldwell Banker Elite

Last Buyer's Agent

Amy Fielding

RE/MAX Supercenter License #0225057385

RE/MAX Supercenter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1950 | Remodeled in 2022

Lot Details

  • 6,886 Sq Ft Lot
  • Home fronts navigable water
  • Public Beach
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Living Room
  • Breakfast Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Powered Boats Permitted

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 3A1 2 52 12

Community Details

Overview

  • No Home Owners Association
  • The Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,278

Year Built

Built in 1950 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-02-26
  • Year Built: 1950
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: You don't want to miss this one! This great home with true character has been beautifully renovated throughout. Its located in the popular, sought after " Point" area of town. Super convenient to beaches, marinas & restaurants. Come spend your weekends or every beautiful day! Great for a weekend getaway or year round living. As you enter from the glorious covered porch you'll enter the main floor with living room, dining area, spacious kitchen , breakfast nook & half bath. Also here is master bedroom with full bath and walk in closet. Journey upstairs to find 3 wonderfully large bedrooms with extra large closets. There is a full bath up here with double vanity. So much attention was kept to the details in this remodel. There are new wood floors throughout but the wide baseboard and finishing touches giving it the period character were kept. The house is like new! You can relax spending your evenings or have your morning coffee on the awesome front 8 x 26 ft porch with ceiling fans or the sunny 12 x 19 rear deck. Come see for yourself. This house will not disappoint! There is even a bit of waterview of Monroe Bay from the rear of the home for your pleasure. Note that the bedrooms have switch & wiring in place to accommodate ceiling fans.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Built-Ins, Dining Area, Entry Level Bedroom, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1736
  • Living Area Sq Ft: 1736
  • Price Per Sq Ft: 285.14
  • Above Grade Finished Sq Ft: 1736
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Monroe Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: COLONIAL BEACH PUBLIC SCHOOLS
  • School District Key: 300200396427
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125100.00
  • Land Assessed Value: 47500.00
  • Land Use Code: 007
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6886.00
  • Year Assessed: 2017
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19769393
  • Tax Annual Amount: 2278.00
  • Assessor Parcel Number: 3A1 2 52 12
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/15/2022

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 15, 2022
Sold by
Mikali Properties Llc
Bought by
Fields Purnita Rani and Fields John Lee
Seller's Agent
Cathy Reed
Coldwell Banker Elite
Buyer's Agent
Amy Fielding
RE/MAX Supercenter
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$558,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,354
Avg. Annual Appreciation
3.43%
Original Mortgage
$432,000
Outstanding Balance
$410,068
Interest Rate
5%
Estimated Equity
$127,940

Purchase Details

Closed on
Mar 31, 2021
Sold by
Gaines Jack A and Gaines June B
Bought by
Mikali Properties Llc
Source: Public Records

Range of Values:

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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
Fields Purnita Rani $480,000 Lawyers Title
Mikali Properties Llc $180,000 Lakeside Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Purnita Rani $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $480,000 -3.0% $276 / Sq Ft
02/26/2022 02/26/22 For Sale $495,000 -- $285 / 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
2024 $1,133 $269,800 $47,500 $222,300
2023 $1,079 $269,800 $47,500 $222,300
2022 $546 $136,400 $47,500 $88,900
2021 $535 $172,600 $47,500 $125,100
2020 $811 $172,600 $47,500 $125,100
2018 $690 $172,600 $47,500 $125,100
2017 -- $172,600 $47,500 $125,100
2016 $673 $172,600 $47,500 $125,100
2015 -- $165,700 $47,500 $118,200
2014 -- $0 $0 $0
2013 -- $165,700 $47,500 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2001798

Bright MLS

APN: 3A1-2-52-12