NOT LISTED FOR SALE

420 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $229,000 - $384,000

2 Beds
2 Baths
1,196 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $259,900 $217 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,736/month

11 Days on Market

Highlights

  • Deck
  • Cottage
  • 1 Car Detached Garage
  • Separate Formal Living Room
  • Breakfast Area or Nook
  • Front Porch

About This Home

As of December 2023

Great opportunity to get that beach home you've always wanted. Make it a weekend get-a-way or enjoy it all year round in historic Colonial Beach. Two bedrooms, 2 full baths, formal living room, formal dining room, galley kitchen with breakfast room, front and rear heated sunrooms, detached garage with workshop and floored storage on the upper level. Just a short walk or golf cart ride to the beach, shops, and restaurants. Limited water views of Monroe Bay.

Last Agent to Sell the Property

Herbert Reynolds

Apex Realty LLC License #0225058097 Listed on: 10/04/2023

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1940

Lot Details

  • 7,475 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Crawl Space
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Glass Enclosed
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1
  • Assessor Parcel Number 3A1-2-52-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 0.1716
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • 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: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Separate/Formal Dining Room
  • Living Area: 1196.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Plaster, Vinyl Siding
  • Exterior Features: Deck, Unpaved Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Front Porch, Glass Enclosed, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Off Street, Storage, Unpaved, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Colonial Beach

Lot Info

  • Parcel Number: 3A1-2-52-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 840.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Colonial Beach
  • High School: Colonial Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 7, 2023
Sold by
Hpp Property Ii Llc
Bought by
Orellana Guillermo and Orellana Judith
Seller's Agent
Herbert Reynolds
Apex Realty LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$259,900
Sold Price
$259,900
Views
70
Current Estimated Value
$304,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,015
Avg. Annual Appreciation
17.12%
Original Mortgage
$207,900
Outstanding Balance
$205,278
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$134,190
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
Orellana Guillermo $259,900 Lakeside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Guillermo $207,900
Previous Owner Robinette Clara E $402,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $259,900 0.0% $217 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $259,900 -- $217 / Sq Ft
Source: Central Virginia Regional 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 $882 $210,000 $47,500 $162,500
2023 $840 $210,000 $47,500 $162,500
2022 $840 $210,000 $47,500 $162,500
2021 $823 $175,400 $47,500 $127,900
2020 $824 $175,400 $47,500 $127,900
2018 $702 $175,400 $47,500 $127,900
2017 -- $175,400 $47,500 $127,900
2016 $684 $175,400 $47,500 $127,900
2015 -- $167,700 $47,500 $120,200
2014 -- $0 $0 $0
2013 -- $167,700 $47,500 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2324335

Central Virginia Regional MLS

APN: 3A1-2-52-1