NOT LISTED FOR SALE

41 Potomac Ln Colonial Beach, VA 22443

Estimated Value: $380,000 - $503,000

4 Beds
3 Baths
-- Sq Ft
0.73 Acres

Last Sold March 15, 2016

Last sale price $193,500

Est. 128% increase in value since last sale

Current estimated payment $2,468/month

Highlights

  • 0.73 Acre Lot
  • Rambler Architecture
  • No HOA
  • Montross Middle School Rated 9+
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2016

***OWNER IS CURRENTLY FINISHING RENOVATIONS WHICH INCLUDE NEW KITCHEN CABINETS AND COUNTERS AND MAKING OTHER IMPROVEMENTS! 2 CAR ATTACHED GARAGE, OVER 2100 SQ FT OF LIVING SPACE, NICE REAR DECK, FINISHING PAINTING- SHOULD BE FINISHED WITHIN THE WEEK...EMAIL IS BEST***NOT A SHORT SALE OR BANK OWNED***

Last Agent to Sell the Property

David Coy

(571) 354-0505 davidcoy@coyrealestate.com Red Cedar Real Estate License #0225202963 Listed on: 08/24/2015

Last Buyer's Agent

James Coates

(804) 450-0787 jimmy@calljimmycoates.com EXIT Mid-Rivers Realty License #0225190046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1989

Lot Details

  • 0.73 Acre Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Rambler Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Shores Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 13060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,155

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Remarks Public: ***OWNER IS CURRENTLY FINISHING RENOVATIONS WHICH INCLUDE NEW KITCHEN CABINETS AND COUNTERS AND MAKING OTHER IMPROVEMENTS! 2 CAR ATTACHED GARAGE, OVER 2100 SQ FT OF LIVING SPACE, NICE REAR DECK, FINISHING PAINTING- SHOULD BE FINISHED WITHIN THE WEEK...EMAIL IS BEST***NOT A SHORT SALE OR BANK OWNED***
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 41

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 182900.00
  • Land Assessed Value: 39200.00
  • Lot Size Acres: 0.73
  • Lot Size Area: 31799
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31799.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2010

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1154.92
  • Assessor Parcel Number: 13060
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/15/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Mar 11, 2016
Sold by
Ffc Properties Llc
Bought by
Mays Benjamin W and Dickens Alleyne H
Seller's Agent
David Coy
Red Cedar Real Estate
Buyer's Agent
James Coates
EXIT Mid-Rivers Realty
List Price
$235,000
Sold Price
$193,500
Premium/Discount to List
-$41,500
-17.66%
Current Estimated Value
$440,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,223
Avg. Annual Appreciation
8.94%
Original Mortgage
$154,800
Outstanding Balance
$123,091
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$317,632

Purchase Details

Closed on
Jun 12, 2015
Sold by
Surety Trustees Llc Sub Tr
Bought by
Ffc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,793
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Us Bank National Association
Bought by
Grosstephan Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,627
Interest Rate
6.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 2, 2007
Sold by
Glasser Glasser and Glasser P L C
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

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Average Value
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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
Mays Benjamin W $193,500 Ffc Properties Llc
Ffc Properties Llc $127,724 --
Grosstephan Christopher M $219,900 --
Us Bank National Association $245,447 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Benjamin W $154,800
Previous Owner Us Bank National Association $95,793
Previous Owner Us Bank National Association $224,627
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $193,500 -0.8% --
02/05/2016 02/05/16 Pending -- -- --
01/28/2016 01/28/16 Price Changed $195,000 -1.4% --
01/18/2016 01/18/16 Price Changed $197,800 -0.9% --
01/15/2016 01/15/16 Price Changed $199,500 -2.7% --
12/28/2015 12/28/15 Price Changed $205,000 -1.7% --
12/19/2015 12/19/15 Price Changed $208,500 -0.7% --
12/08/2015 12/08/15 Price Changed $210,000 -1.2% --
12/04/2015 12/04/15 Price Changed $212,500 -1.2% --
11/30/2015 11/30/15 Price Changed $215,000 -1.1% --
11/24/2015 11/24/15 Price Changed $217,500 -1.1% --
11/19/2015 11/19/15 Price Changed $220,000 -1.1% --
11/11/2015 11/11/15 Price Changed $222,500 -1.1% --
10/30/2015 10/30/15 Price Changed $225,000 -2.2% --
10/23/2015 10/23/15 Price Changed $230,000 -0.5% --
10/22/2015 10/22/15 Price Changed $231,200 -0.1% --
10/21/2015 10/21/15 Price Changed $231,500 -0.2% --
10/06/2015 10/06/15 Price Changed $232,000 -1.3% --
09/28/2015 09/28/15 For Sale $235,000 +21.4% --
08/27/2015 08/27/15 Off Market $193,500 -- --
08/24/2015 08/24/15 For Sale $235,000 -- --
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 $1,664 $244,700 $39,200 $205,500
2023 $1,517 $244,700 $39,200 $205,500
2022 $1,517 $244,700 $39,200 $205,500
2021 $1,514 $199,200 $39,200 $160,000
2020 $1,514 $199,200 $39,200 $160,000
2019 $1,295 $199,200 $39,200 $160,000
2018 $1,186 $199,200 $39,200 $160,000
2017 -- $194,500 $39,200 $155,300
2016 $1,167 $194,500 $39,200 $155,300
2015 -- $222,100 $39,200 $182,900
2014 -- $0 $0 $0
2013 -- $222,100 $39,200 $182,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000407867

Bright MLS

APN: 6H-11-35