NOT LISTED FOR SALE

409 Cornwallis Ave Locust Grove, VA 22508

Estimated Value: $250,000 - $557,000

0.48 Acre
$910,783 Price per Acre
20,909 Sq Ft Lot

Last Sold October 24, 2012

Last sale price $23,500

Est. 1,760% increase in value since last sale

Current estimated payment $2,429/month

211 Days on Market

Highlights

  • Water Views
  • Water Access
  • 1 Powered Boats Permitted
  • Home fronts navigable water

About This Lot

As of October 2012

Lake living can be yours now with this exceptional level building lot with nice hardwoods and a Waterview!! Relax and play at Cornwallis Beach just a short stroll away. Enjoy all the amenities Lake of the Woods has to offer. Clubhouse, Beaches, Boating, Fishing, Golf, Tennis, Community Center, Fitness Center and so much more. Come on out and take a tour!!

Last Agent to Sell the Property

Karen Jones

(540) 972-9040 karencjones01@gmail.com Coldwell Banker Elite License #MRIS:50153 Listed on: 03/12/2012

Coldwell Banker Elite

Last Buyer's Agent

Karen Jones

(540) 972-9040 karencjones01@gmail.com Coldwell Banker Elite License #MRIS:50153 Listed on: 03/12/2012

Coldwell Banker Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $416

Lot Details

  • 0.48 Acre Lot
  • Home fronts navigable water
  • Cost To Obtain Building Permits
  • Property is zoned R3

HOA Fees

  • $98 Monthly HOA Fees

Additional Features

  • Water Views
  • Public Septic

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number 000003021

Community Details

Overview

  • Lake Of The Woods Subdivision

Recreation

  • Water Access
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$416

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreation, Residential
  • New Construction: No
  • Remarks Public: Lake living can be yours now with this exceptional level building lot with nice hardwoods and a Waterview!! Relax and play at Cornwallis Beach just a short stroll away. Enjoy all the amenities Lake of the Woods has to offer. Clubhouse, Beaches, Boating, Fishing, Golf, Tennis, Community Center, Fitness Center and so much more. Come on out and take a tour!!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.18
  • Street Number Modifier: 409

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 21014
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21014.00
  • Year Assessed: 2007
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 416.50
  • Assessor Parcel Number: 000003021
  • Tax Lot: 191
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 10/24/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
Oct 23, 2012
Sold by
Yoder Eldon Lee
Bought by
Patterson Randall L
Seller's Agent
Karen Jones
Coldwell Banker Elite
Buyer's Agent
Karen Jones
Coldwell Banker Elite
List Price
$29,900
Sold Price
$23,500
Premium/Discount to List
-$6,400
-21.4%
Current Estimated Value
$437,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,676
Avg. Annual Appreciation
25.33%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Johnson Harry B
Bought by
Lowa Inc

Purchase Details

Closed on
Aug 27, 1979
Sold by
Johnson Harry B and Johnson Mariya Ann
Bought by
Johnson Harry B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patterson Randall L $23,500 Lakeside Title & Escrow Llc
Lowa Inc $10,000 None Available
Johnson Harry B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $23,500 -21.4% --
10/09/2012 10/09/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $29,900 -- --
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 $150 $20,000 $20,000 $0
2023 $150 $20,000 $20,000 $0
2022 $150 $20,000 $20,000 $0
2021 $144 $20,000 $20,000 $0
2020 $144 $20,000 $20,000 $0
2019 $161 $20,000 $20,000 $0
2018 $161 $20,000 $20,000 $0
2017 $161 $20,000 $20,000 $0
2016 $161 $20,000 $20,000 $0
2015 -- $20,000 $20,000 $0
2014 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003888914

Bright MLS

APN: 012-A0-00-08-0191-0