NOT LISTED FOR SALE

43 Ginney Point Ln Cobbs Creek, VA 23035

Estimated Value: $797,000 - $2,470,000

5 Beds
4 Baths
5,047 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,940,000 $384 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,344/month

12 Days on Market

Highlights

  • Beach Front
  • Boat Ramp
  • Home fronts a pond
  • Docks
  • Boat Lift
  • Wood Flooring

About This Home

As of October 2021

On the sought-after Piankatank River in Cobbs Creek, this 1880's Victorian farmhouse, the original homestead of Ginney Point, was thoroughly restored and modernized by the current owners in 2007. Expansive screened porches on front and back welcome you into a beautifully appointed home with meticulous details. Interior designer owner, helped by architect, Charles Aquino and contractor, Stuart Cary, created the detailed millwork, transoms, floor to ceiling windows and details. The river is viewed upon entry as the wide hall leads to the LR, DR & kitchen on the riverside. The FR has custom bookcases/stereo and TV built-ins, a bay window and wet bar. Downstairs is a full bath and laundry/mud room. Up the wide staircase is the PS, w/ private porch, walk-in closet, BR, jetted tub and shower. There are 2 more BR with shared bath and private porch. A 2nd floor sunroom is surrounded by windows and has an attached office space w/ wet bar and pocket doors. On the 3rd floor are 2 BR, playroom and 4 bonus rooms. The exterior has an outdoor shower, flat yard w/ a park-like setting overlooking a pond, fire pit and beach area. The dock has a boat lift and sitting area to watch the sunsets.

Last Agent to Sell the Property

Kim Condyles

Shaheen Ruth Martin & Fonville License #0225217610 Listed on: 08/26/2021

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1890

Lot Details

  • 2.87 Acre Lot
  • Home fronts a pond
  • Beach Front
  • River Front
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 5,047 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Bay Window
  • French Doors
  • Insulated Doors
  • Dining Area
  • Crawl Space

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Mooring
  • Boat Lift
  • Boat Ramp
  • Docks
  • Dock Available
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Tax Lot A2
  • Assessor Parcel Number 1B-4-A2

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,026

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1890
  • Property Attached Yn: No
  • Lot Size Acres: 2.87
  • Water Body Name: Cobbs Creek
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Farmhouse, Victorian
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Microwave, Oven, Refrigerator, Range Hood, Water Purifier, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), Dining Area, Double Vanity, French Door(s)/Atrium Door(s), High Ceilings, Kitchen Island, Bath in Primary Bedroom, Recessed Lighting, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Living Area: 5047.0
  • Stories: 2
  • Window Features: Thermal Windows, Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Metal
  • Fencing: None
  • Lot Features: Beach Front, Landscaped, Sloped, Waterfront
  • Pool Features: None
  • Waterfront Features: Beach Access, Dock Access, Mooring, Pond, River Front, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Familial Relation
  • Construction Type: Brick, Drywall, Frame, Shingle Siding
  • Exterior Features: Boat Lift, Dock, Out Building(s), Porch, Unpaved Driveway
  • Other Structures: Garage(s), Shed(s), Outbuilding
  • Patio And Porch Features: Rear Porch, Enclosed, Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Unpaved, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead, Sidewalks

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Topography: Sloping
  • Parcel Number: 1B-4-A2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5026.0
  • Tax Lot: A2

MLS Schools

  • Elementary School: Mathews
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 18, 2021
Sold by
Hurst Basil L and Hurst Sarah Spencer
Bought by
Farhat Isa I and Farhat Stefanie L
Seller's Agent
Kim Condyles
Shaheen Ruth Martin & Fonville
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$1,890,000
Sold Price
$1,940,000
Premium/Discount to List
$50,000
2.65%
Current Estimated Value
$1,852,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,112
Avg. Annual Appreciation
-1.69%
Original Mortgage
$1,455,000
Outstanding Balance
$1,335,432
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$478,190

Purchase Details

Closed on
Jun 23, 2005
Sold by
Stone James R
Bought by
Hurst Basil L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.82%
Mortgage Type
New Conventional
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
Farhat Isa I $1,940,000 Fidelity National Ttl Ins Co
Hurst Basil L $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhat Isa I $1,455,000
Previous Owner Hurst Basil L $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $1,940,000 +2.6% $384 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $1,890,000 -- $374 / 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
2025 $6,241 $1,040,200 $318,500 $721,700
2024 $5,825 $1,040,200 $318,500 $721,700
2023 $5,825 $1,040,200 $318,500 $721,700
2022 $4,988 $779,300 $318,500 $460,800
2021 $5,026 $779,300 $318,500 $460,800
2020 $5,026 $779,300 $318,500 $460,800
2019 $5,026 $779,300 $318,500 $460,800
2018 $4,481 $779,300 $318,500 $460,800
2017 $4,481 $779,300 $318,500 $460,800
2015 $44,707 $0 $0 $0
2014 $44,707 $827,900 $318,500 $509,400
2013 $3,891 $827,900 $318,500 $509,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2125677

Central Virginia Regional MLS

APN: 1B-4-A2