NOT LISTED FOR SALE

Estimated Value: $734,000 - $798,000

5 Beds
3 Baths
2,365 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $572,000 $242 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,370/month

38 Days on Market

Highlights

  • Docks
  • Home fronts navigable water
  • Garage Apartment
  • Guest House
  • Community Boat Facilities
  • Wood Flooring

About This Home

As of January 2019

This beautiful retreat has been thoughtfully maintained and updated to provide low-maintenance, year-round living on the Chesapeake Bay. Main house has single-floor living with front and back porches built in 2018. 4 bedrooms & 2 baths surround open living area. Expansive view of Bay in all directions. Professionally landscaped. Separate cottage can be bedroom/office/studio. Garage with laundry room completed in 2013 w/ fully-equipped apartment above built to hurricane code. 12 solar panels connected to Dominion’s net-metering provide power bill relief. 10’ garage door accommodates boats. RV/electric car and water outlets mounted on garage. Spray foam insulation under house, gas fireplace, heat/AC updated 2018. Outside shower completed in 2018. Property is on one of the highest areas of island/FEMA insurance is optional/affordable rates.
Gwynn’s Island is known for tranquility, sunrises, sunsets and a never-ending supply of sea glass on the shore. “Sanditoes” is on a quiet road facing the open Bay and Eastern Shore. 180’ private pier reaches deep water, has water/electricity/stairs to private beach.
One visit to this fully-furnished retreat and you will be ready to call it home!

Last Agent to Sell the Property

Jennifer Fleming

Verve Realty License #0225220915 Listed on: 11/09/2018

Last Buyer's Agent

Joan Jackson

Gloucester Realty Corporation License #0225002725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1960

Lot Details

  • 0.83 Acre Lot
  • Home fronts navigable water
  • Landscaped

Parking

  • 1 Car Garage
  • Garage Apartment
  • Oversized Parking
  • Circular Driveway

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Vinyl Siding
  • HardiePlank Type

Interior Spaces

  • 2,365 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Doors
  • Dining Area
  • Screened Porch
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Docks
  • Dock Available
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • High Speed Internet

Additional Features

  • Solar Heating System
  • Guest House

Listing and Financial Details

  • Tax Lot 11A
  • Assessor Parcel Number 12A-1-11A

Community Details

Overview

  • Gwynns Island Subdivision

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 0.83
  • Water Body Name: Chesapeake Bay
  • Ownership: Individuals
  • Subdivision Name: Gwynns Island
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Basement: Sump Pump
  • Appliances: Dryer, Electric Water Heater, Gas Cooking, Disposal, Microwave, Oven, Refrigerator, Stove, Water Softener, Water Heater, Water Purifier, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Eat-in Kitchen, High Ceilings, High Speed Internet, Bath in Primary Bedroom, Main Level Primary, Tile Countertop, Tile Counters, Wired for Data
  • Living Area: 2365.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, Waterfront
  • Pool Features: None
  • Waterfront Features: Bayfront, Dock Access, Mooring, Navigable Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Easement(s), First Right of Refusal, Seller Disclosure
  • Construction Type: Drywall, Frame, HardiPlank Type, Vinyl Siding
  • Exterior Features: Dock, Lighting, Porch, Paved Driveway
  • Other Structures: Garage(s), Garage Apartment, Guest House
  • Patio And Porch Features: Rear Porch, Front Porch, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Circular Driveway, Driveway, Oversized, Paved, Two Spaces

Utilities

  • Heating: Electric, Heat Pump, Solar, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 12A-1-11A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2565.0
  • Tax Lot: 11A

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Jan 7, 2019
Sold by
Powers Patrick L and Powers Margaret A
Bought by
Mckinster Charles Ray and Mckinster Angela Christine
Seller's Agent
Jennifer Fleming
Verve Realty
Buyer's Agent
Joan Jackson
Gloucester Realty Corporation
List Price
$590,000
Sold Price
$572,000
Premium/Discount to List
-$18,000
-3.05%
Current Estimated Value
$767,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,203
Avg. Annual Appreciation
4.47%
Original Mortgage
$457,600
Outstanding Balance
$403,136
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$364,067

Purchase Details

Closed on
Jun 8, 2010
Sold by
Taylor Gerald H and Taylor Forrest C
Bought by
Powers Patrick L and Powers Margaret A
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
Mckinster Charles Ray $572,000 Old Republic National Title
Powers Patrick L $485,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinster Charles Ray $457,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $572,000 -3.1% $242 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $590,000 -- $249 / 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 $3,628 $604,700 $214,800 $389,900
2024 $3,386 $604,700 $214,800 $389,900
2023 $3,386 $604,700 $214,800 $389,900
2022 $2,854 $446,000 $181,400 $264,600
2021 $2,877 $446,000 $181,400 $264,600
2020 $2,877 $446,000 $181,400 $264,600
2019 $2,877 $446,000 $181,400 $264,600
2018 $2,565 $446,000 $181,400 $264,600
2017 $2,565 $446,000 $181,400 $264,600
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1837021

Central Virginia Regional MLS

APN: 12A-1-11A