NOT LISTED FOR SALE

418 Peake Rd Weems, VA 22576

Estimated Value: $463,000 - $546,952

3 Beds
2 Baths
1,417 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $299,000 $211 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,837/month

750 Days on Market

Highlights

  • Boat Dock
  • Above Ground Pool
  • Transitional Architecture
  • Home fronts a creek
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2020

Charming waterfront cottage on Taylor's Creek just off the beautiful Corrotoman River. 2'MLW. One level living on a lovely 2.04 acre lot with mature trees, flowering bushes & perennials. Nice privacy. Entrance the home through the rose arbor and walkway leading to the front porch. Inside the living room has a vaulted ceiling, gas log fireplace and built-in bookshelves and opens onto a wonderful screen porch. Perfectly situated to catch the summer breezes off the water. Custom kitchen with plenty of counter space & cabinets. Delightful dining room just off the kitchen with lots of windows for more creek views. Cedar closets in the bedrooms. Quality modular construction. New Heat Pump & Water Heater 2018. Fully decked above-ground pool overlooking Taylor's Creek, spacious enough for lounge chairs, umbrella table & chairs. 32' x 20' detached garage for two cars & a full workshop. Large shed for additional storage of water toys.. The property has a engaging, relaxed feeling, perfect for a getaway place or full-time home. Just minutes from Kilmarnock for restaurants, shopping and medical. Neat as a pin, and well maintained, the home and grounds are a must see.Shown by appointment.

Last Agent to Sell the Property

Andrea Holt

IsaBell K. Horsley Real Estate License #0225210003 Listed on: 04/06/2018

Last Buyer's Agent

Grayson Hoffman

Lake Anna Island Realty License #0225236765

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1987

Lot Details

  • 2.04 Acre Lot
  • Home fronts a creek
  • Landscaped
  • Zoning described as R1

Parking

  • 2.5 Car Detached Garage
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,417 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Separate Formal Living Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space
  • Basement Storage

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Pool

  • Above Ground Pool
  • Fence Around Pool
  • Pool Cover
  • Vinyl Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Shed
  • Stoop

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Boat Dock

Listing and Financial Details

  • Tax Lot 2.04 Acres
  • Assessor Parcel Number 27-26 & 27- 26U

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,366

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 2.04
  • Water Body Name: Taylors Creek
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch, Transitional
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Basement: Crawl Space, Partial, Storage Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Cooking, Microwave, Refrigerator, Stove, Washer
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Laminate Counters, Bath in Primary Bedroom, Pantry, Recessed Lighting, Cable TV, Window Treatments
  • Living Area: 1417.0
  • Stories: 1
  • Window Features: Thermal Windows, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Landscaped, Waterfront
  • Pool Features: Above Ground, Fenced, Pool Cover, Pool Equipment, Pool, Vinyl
  • Waterfront Features: Creek, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, T1-11 Siding, Wood Siding
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Screened, Stoop, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Detached, Garage, Off Street, Oversized, Two Spaces, Unfinished Garage, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • 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: Dock

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 27-26 & 27- 26U
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2366.0
  • Tax Lot: 2.04 Acres

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 14, 2020
Sold by
Fussell Patricia P
Bought by
Kidwell David and Kidwell Diane
Seller's Agent
Andrea Holt
IsaBell K. Horsley Real Estate
Buyer's Agent
Grayson Hoffman
Lake Anna Island Realty
List Price
$334,900
Sold Price
$299,000
Premium/Discount to List
-$35,900
-10.72%
Current Estimated Value
$497,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,488
Avg. Annual Appreciation
9.98%
Original Mortgage
$302,020
Outstanding Balance
$267,632
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$229,856
Source: Public Records

Range of Values:

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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
Kidwell David $299,000 Dominion Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidwell David $302,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $299,000 -10.7% $211 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/09/2018 04/09/18 For Sale $334,900 -- $236 / 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
2024 $2,267 $412,200 $163,600 $248,600
2023 $2,048 $325,100 $153,600 $171,500
2022 $2,048 $325,100 $153,600 $171,500
2021 $2,048 $325,100 $153,600 $171,500
2020 $2,048 $325,100 $153,600 $171,500
2019 $2,048 $325,100 $153,600 $171,500
2018 $2,366 $401,000 $120,100 $280,900
2017 $2,366 $401,000 $120,100 $280,900
2016 -- $401,000 $120,100 $280,900
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Holt

    Seller's Agent in 2020

    Andrea Holt

    IsaBell K. Horsley Real Estate

    (804) 854-9530

    121 Total Sales

    Andrea Holt
    Section Image

  • G

    Buyer's Agent in 2020

    Grayson Hoffman

    Lake Anna Island Realty

    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1810459

Chesapeake Bay & Rivers Association of REALTORS®

APN: 27-26

Virginia Lancaster County Weems 22576

418 Peake Rd, Weems, VA

This home is located at 418 Peake Rd, Weems, VA 22576 since 06 April 2018 and is currently estimated at $497,488, approximately $351 per square foot. This property was built in 1987. 418 Peake Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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