NOT LISTED FOR SALE

405 Promenade Ln Williamsburg, VA 23185

West Williamsburg Neighborhood

Estimated Value: $322,000 - $333,000

2 Beds
2.5 Baths
1,532 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $231,685 $151 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,000/month

83 Days on Market

Highlights

  • Fitness Center
  • Transitional Architecture
  • Community Pool
  • Clubhouse
  • Loft
  • Tray Ceiling

About This Home

As of March 2020

This beautiful townhouse design featuring living room, dining room, u-shaped step saving kitchen & powder room on the 1st floor. 2 master suites with full bathrooms, 1st floor half bathroom, walk-in closets, a loft & laundry closet on the 2nd floor. A broom finished concrete patio is enclosed with a 48' vinyl fence. An exterior shed is adjacent to the patio. Along with amenities including pool, bark park with washing station, clubhouse with demonstration kitchen, work out room, garden grid & park. Located just off of 199 minutes from colonial Williamsburg, the college of W&M, access to I-64, Busch Gardens & so much more.

Last Agent to Sell the Property

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 12/18/2019

RE/MAX Capital

Last Buyer's Agent

Deelyn Robinson

Liz Moore & Associates-2 License #0225175265

Liz Moore & Associates-2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 2019

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Dining Area
  • Loft
  • No Attic
  • Stacked Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Interior Unit

Schools

  • Laurel Lane Elementary School
  • Berkeley Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

Overview

  • $444 Additional Association Fee
  • Association fees include building insurance, clubhouse, comm area maintenance, common area, exterior maintenance, landscaping, limited exterior maintenance, management fees, pool, recreational facilities, road maintenance, snow removal, trash removal, yard maintenance
  • Association Phone (757) 345-6400
  • Property managed by ASSOCIO COMMUNITY GROUP

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,908

Year Built

Built in 2019

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Zoning: RES
  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 151.23
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Microwave, Range, Smoke Alarm
  • Total Bathrooms: 2.10
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Brick, Vinyl
  • SP/ Sq Ft: 151.23
  • Unit Placement: Interior Unit
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Total Sq Ft: 1532
  • Unit Level: 1
  • Year Built: 2019
  • Special Features: None
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Number of Rooms: 6
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: No Attic
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathroom: 1
  • Interior: 9 Ft + Ceilings, Countertops - Laminate, Dining Area, Dryer Hookup, Fire Sprinkler, Loft, Other, Pantry, Stack Wshr/Dryer Hookup, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Additional Fee: 444.00
  • Additional Fee Description: ONE TIME CAPITAL CONTRIBUTION
  • Amenities: Clubhouse, Common Area, Community Room, Exercise Room, Maintenance Free, Other, Picnic Area, Pool, Professional Mgmt, Public Park, Road Maintenance
  • Fee: 36.00
  • Fee Description: Condo Association
  • Fee Includes: Building Insurance, Clubhouse, Comm Area Maintenance, Common Area, Exterior Maintenance, Landscaping, Limited Exterior Maintenance, Management Fees, Pool, Recreational Facilities, Road Maintenance, Snow Removal, Trash Removal, Yard Maintenance
  • Fee Period: Monthly

Schools

  • Elementary School: Laurel Lane
  • Middle School: Berkeley
  • High School: Lafayette
  • Elementary School: Laurel Lane
  • High School: Lafayette
  • Middle School: Berkeley

Rental Info

  • Minimum Deposit: 500

Multi Family

  • Management Firm: ASSOCIO COMMUNITY GROUP
  • Management Phone: 757-345-6400

Tax Info

  • Annual Taxes: 1908.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 17, 2020
Sold by
Franciscus At Promenade Llc
Bought by
Fletcher Mary E
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Deelyn Robinson
Liz Moore & Associates-2
List Price
$227,215
Sold Price
$231,685
Premium/Discount to List
$4,470
1.97%
Current Estimated Value
$326,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,655
Avg. Annual Appreciation
6.65%
Original Mortgage
$173,763
Outstanding Balance
$154,266
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$173,153
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
Fletcher Mary E $231,685 Lytle Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Mary E $173,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $231,685 +2.0% $151 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $227,215 -- $148 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,128 $272,800 $62,400 $210,400
2023 $2,128 $236,400 $60,000 $176,400
2022 $1,962 $236,400 $60,000 $176,400
2021 $1,809 $215,300 $50,000 $165,300
2020 $1,809 $215,300 $50,000 $165,300
2019 $1,533 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shelly Taylor

    RE/MAX

    (757) 871-5768

    44 in this area

    253 Total Sales

    Section Image
  • Deelyn Robinson

    Buyer's Agent in 2020

    Deelyn Robinson

    Liz Moore & Associates-2

    (757) 503-1999

    79 in this area

    365 Total Sales

    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1904796

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0405

Virginia James City County Williamsburg 23185 West Williamsburg

405 Promenade Ln, Williamsburg, VA

This home is located at 405 Promenade Ln, Williamsburg, VA 23185 since 18 December 2019 and is currently estimated at $327,419, approximately $213 per square foot. This property was built in 2019. 405 Promenade Ln is a home located in James City County with nearby schools including Greenwood Christian Academy, Walsingham Academy Lower School, and Providence Classical 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.

Williamsburg Multiple Listing Service 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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