$345,000
SOLD APR 15, 2025

407 Monroe Point Dr Colonial Beach, VA 22443

4 Beds
3.5 Baths
2,160 Sq Ft
$100/mo HOA Fee

Recently Sold

$160 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Bay View
  • Montross Middle School Rated 9+
  • Canoe or Kayak Water Access
  • Open Floorplan

About This Home

As of April 2025

New carpeting, new window blinds, freshly painted throughout, and move-in ready! Assumable VA loan at 2.25%!

Do you love the Salt Life of Rehoboth, Ocean City, OBX? Wish you could live there year-round? Colonial Beach is the perfect place for those looking for that laid-back beach town vibe without the 6 hour drive! Take your golf cart to the beach, grocery shopping or to the numerous shops and restaurants that Colonial Beach has to offer.

The quiet Monroe Point townhome community boasts everything that is Colonial Beach – plus its own waterfront, nature trails, and dock/pier on Monroe Bay! (boat slips available for rent or purchase)

This 3-level townhouse offers 3 or 4 bedrooms and 3.5 bathrooms. The open floor-plan main living area includes a huge kitchen, living and dining areas, a convenient half bath, a beautiful sunroom and a large deck in the back. Lots of natural light throughout thanks to the large transomed windows, and open sight lines from front to rear of the main level.

Upper level includes a primary suite with vaulted ceiling, walk-in closet and primary bath with separate tub/shower, plus two bedrooms and full bath. Upper floor bedrooms have been upgraded with ceiling fans/lights. Lower level includes a large 4th bedroom or family room with full bath, and single-car garage. The rear of the unit backs up to woods and wetlands providing privacy.

HOA amenities include walking trails and its own large community dock on Monroe Bay – giving you navigable water access to all the canoeing, kayaking, fishing and boating activities that Colonial Beach, the Potomac River and Chesapeake Bay have to offer!

Last Agent to Sell the Property

Daniel Hawley

(540) 903-5978 dan.hawley.c21@gmail.com RMG Realty License #0225213252 Listed on: 02/09/2025

Last Buyer's Agent

Cinthia Neumer

(301) 672-1101 Cneumer21@gmail.com Coldwell Banker Elite License #0225218414

Coldwell Banker Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 2008

Lot Details

  • Home fronts navigable water
  • South Facing Home
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Bay
  • Woods

Home Design

  • Slab Foundation
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Transom Windows

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Powered Boats Permitted
  • Lake Privileges
  • Deck

Location

  • Bayside

Schools

  • Colonial Beach Elementary And Middle School
  • Colonial Beach High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 3A8 1 D1 95

Community Details

Overview

  • Association fees include all ground fee, pier/dock maintenance, road maintenance
  • Monroe Point Homeowners Association
  • Monroe Point Subdivision

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,677

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-02-10
  • Federal Flood Zone: No
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Icemaker, Washer, Dryer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments, Entry Level Bedroom, Floor Plan - Open
  • Window Features: Transom, Bay/Bow, Insulated
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Walkout Level
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 164.31
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stone
  • Road Surface Type: Black Top
  • Spa: No
  • View: Trees/Woods, Water, Street, Bay
  • Water Access Features: Boat - Powered, Canoe/Kayak, Personal Watercraft (PWC), Private Access, 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: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Ceiling, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Internet Services: Broadband, Satellite

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock, Water/Lake Privileges, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Pier/Dock Maintenance, Road Maintenance
  • HOA Name: MONROE POINT HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH
  • Middle Or Junior School: COLONIAL BEACH

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: PUD
  • Zoning Description: Planned Unit Development
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3677.00
  • Assessor Parcel Number: 3A8 1 D1 95
  • Tax Lot: 95
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2025
Closed on
Apr 14, 2025
Sold by
Manning Maurice P and Manning Betsy B
Bought by
Raley Hannah Marie and Mckay Chadwick Reese
Seller's Agent
Daniel Hawley
RMG Realty
Buyer's Agent
Cinthia Neumer
Coldwell Banker Elite
List Price
$354,900
Sold Price
$345,000
Premium/Discount to List
-$9,900
-2.79%
Views
148
Current Estimated Value
$362,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,770
Avg. Annual Appreciation
6.65%
Original Mortgage
$338,751
Outstanding Balance
$336,316
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$26,454

Purchase Details

Closed on
Mar 12, 2024
Sold by
Manning Maurice P
Bought by
Manning Maurice P and Manning Betsy B

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 18, 2020
Sold by
Givens Eugene P
Bought by
Manning Maurice P
Seller's Agent
Debb Riston
Coldwell Banker Elite
Buyer's Agent
Daniel Hawley
RMG Realty
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$232,996
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Dec 15, 2008
Sold by
Nvr Inc
Bought by
Givens Eugene P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,906
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $345,000 Commonwealth Land Title
Gift Deed -- None Listed On Document
Warranty Deed $224,900 Lakeside Title Company
Special Warranty Deed $224,340 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,751 FHA
Previous Owner $232,996 VA
Previous Owner $201,906 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2025 04/15/25 Sold $345,000 -2.8% $160 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $354,900 0.0% $164 / Sq Ft
12/20/2024 12/20/24 Price Changed $354,900 +57.8% $164 / Sq Ft
09/18/2020 09/18/20 Sold $224,900 0.0% $104 / Sq Ft View Prior Sale
08/07/2020 08/07/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $224,900 0.0% $104 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $224,900 0.0% $104 / Sq Ft
06/28/2018 06/28/18 Rented $1,400 0.0% --
06/23/2018 06/23/18 Under Contract -- -- --
06/20/2018 06/20/18 For Rent $1,400 0.0% --
05/19/2017 05/19/17 Rented $1,400 0.0% --
05/17/2017 05/17/17 Under Contract -- -- --
02/22/2017 02/22/17 For Rent $1,400 +3.7% --
01/31/2014 01/31/14 Rented $1,350 -3.6% --
01/01/2014 01/01/14 Under Contract -- -- --
09/02/2013 09/02/13 For Rent $1,400 -- --
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
2025 $1,287 $306,500 $38,000 $268,500
2024 $1,287 $306,500 $38,000 $268,500
2023 $1,226 $306,500 $38,000 $268,500
2022 $1,226 $306,500 $38,000 $268,500
2021 $1,201 $212,800 $38,000 $174,800
2020 $1,000 $212,800 $38,000 $174,800
2018 $851 $212,800 $38,000 $174,800
2017 -- $212,800 $38,000 $174,800
2016 $830 $212,800 $38,000 $174,800
2015 -- $281,700 $47,500 $234,200
2014 -- $0 $0 $0
2013 -- $281,700 $47,500 $234,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWE2007972

Bright MLS

APN: 3A8-1-D1-95