NOT LISTED FOR SALE

Estimated Value: $524,000 - $795,000

3 Beds
2.5 Baths
3,054 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $655,000 $214 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,015/month

102 Days on Market

Highlights

  • Beach
  • Deck
  • Separate Formal Living Room
  • Water Access
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2024

Timeless Island Treasure. Elegant all brick home with deeded beach access is a little slice of heaven. Situated on Gwynns Island just one block from the beach. This home has been thoroughly loved & well maintained. Featuring grand sunlit living room with fireplace and built in cabinetry, oversized formal dining room, lovely sunroom with walk out to rear deck and yard, wood floors & ceramic tile throughout. There is a fully updated granite and stainless kitchen with breakfast nook, tremendous built in cabinetry, center island and every convenience. There are 3 large bedrooms, 2.5 bathrooms plus a den. Outside is a carriage style 3 car garage with workshop, whole house generator, and beautiful lawn.

Last Agent to Sell the Property

Peggy Long

Long & Foster Real Estate License #0225197713 Listed on: 12/05/2023

Long & Foster Real Estate

Last Buyer's Agent

Terry Hare

Virginia Capital Realty License #0225236118

Virginia Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 1972

Lot Details

  • 1.28 Acre Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Plaster

Interior Spaces

  • 3,054 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • Sliding Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bars

Outdoor Features

  • Water Access
  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Beach

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 11A2-A-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,272

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 1.28
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3054.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Other Equipment: Generator
  • Accessibility Features: Accessible Full Bath, Grab Bars
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Sliding Doors
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Living Area: 3054.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Beach Access, Water Access
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Plaster
  • Exterior Features: Deck, Paved Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Detached, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 11A2-A-20
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3271.52
  • Tax Lot: 20

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Apr 12, 2024
Sold by
Lee Helen P
Bought by
Bussey Michael W and Bussey Joni J
Seller's Agent
Peggy Long
Long & Foster Real Estate
Buyer's Agent
Terry Hare
Virginia Capital Realty
List Price
$575,000
Sold Price
$655,000
Premium/Discount to List
$80,000
13.91%
Views
247
Current Estimated Value
$698,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,703
Avg. Annual Appreciation
3.58%
Original Mortgage
$524,000
Outstanding Balance
$517,435
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$170,391

Purchase Details

Closed on
Oct 8, 2009
Sold by
Russell Carol W and The Carol W Russell Trust
Bought by
Lee Kenneth E and Lee Helen P
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
Bussey Michael W -- None Listed On Document
Lee Kenneth E $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bussey Michael W $524,000
Previous Owner Gleason Michael P $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $655,000 +13.9% $214 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $575,000 0.0% $188 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $575,000 -- $188 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $3,505 $584,200 $65,600 $518,600
2024 $3,272 $584,200 $65,600 $518,600
2023 $3,272 $584,200 $65,600 $518,600
2022 $2,120 $331,300 $65,600 $265,700
2021 $2,137 $331,300 $65,600 $265,700
2020 $2,137 $331,300 $65,600 $265,700
2019 $2,137 $331,300 $65,600 $265,700
2018 $1,905 $331,300 $65,600 $265,700
2017 $1,905 $331,300 $65,600 $265,700
2015 $17,874 $0 $0 $0
2014 $17,874 $331,000 $70,600 $260,400
2013 $1,556 $331,000 $70,600 $260,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2329087

Chesapeake Bay & Rivers Association of REALTORS®

APN: 11A2-A-20