NOT LISTED FOR SALE

485 Lake Serene Dr Winchester, VA 22603

Estimated Value: $737,000 - $872,000

5 Beds
3.5 Baths
3,000 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $333,000 $111 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,710/month

65 Days on Market

Highlights

  • Water Views
  • Water Access
  • Private Pool
  • Home fronts navigable water
  • Second Kitchen
  • 1 Acre Lot

About This Home

As of January 2013

All brick rancher on secluded, partially wooded lot overlooking Lake Serene. Lower level in-law suite opens onto large patio. Oval heated inground pool w/ workout room, fireplace, 1/2 bath cabana connected to detached 2 car garage. This custom home has been impeccably maintained. Private lake available exclusively to homeowners for swimming and electric motors only.

Last Agent to Sell the Property

Dallas Croft

(540) 974-6633 dallas@dallascroft.com Samson Properties License #0225158804 Listed on: 10/09/2012

Samson Properties

Last Buyer's Agent

Dallas Croft

(540) 974-6633 dallas@dallascroft.com Samson Properties License #0225158804 Listed on: 10/09/2012

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Property is zoned RA

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Wood Burning Stove
  • Heatilator
  • Screen For Fireplace
  • Flue
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • French Doors
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Accessible Home Design

  • Low Bathroom Mirrors
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Private Pool
  • Water Access
  • 1 Non-Powered Boats Permitted

Utilities

  • Central Air
  • Dehumidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Baseboard Heating
  • 60+ Gallon Tank
  • Well
  • Septic Tank

Community Details

  • Built by HARRIS AND SAUNDERS CONSTRUCTION

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 42
  • Assessor Parcel Number 5856

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,867

Year Built

Built in 1983

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, 36"+ Wide Halls, Low Bathroom Mirrors
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Attic, 2nd Kitchen, Kitchen - Eat-In, Master Bath(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Wood Stove, Wood Floors
  • Window Features: Double Pane, Insulated
  • Fireplace Features: Equipment, Flue For Stove, Heatilator, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, In-Law/AuPair/Suite, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Full, Full, Fully Finished, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 233.00
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Finished Sq Ft: 1500
  • Total Below Grade Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE SERENE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Dehumidifier, Heat Pump(s)
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard, Heat Pump(s), Wood Burn Stove
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 950.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 213100.00
  • Land Assessed Value: 106000.00
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Zoning: RA

Building Info

  • Builder Name: HARRIS AND SAUNDERS CONSTRUCTION

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18773414
  • Tax Annual Amount: 1866.74
  • Assessor Parcel Number: 5856
  • Tax Lot: 42
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Jan 16, 2013
Sold by
Johnston Barbara
Bought by
Neff Clark H
Seller's Agent
Dallas Croft
Samson Properties
Buyer's Agent
Dallas Croft
Samson Properties
List Price
$379,500
Sold Price
$333,000
Premium/Discount to List
-$46,500
-12.25%
Current Estimated Value
$820,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,962
Avg. Annual Appreciation
7.28%
Original Mortgage
$250,800
Outstanding Balance
$174,708
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$646,254
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neff Clark H $333,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neff Clark H $250,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $333,000 -4.7% $111 / Sq Ft
12/13/2012 12/13/12 Pending -- -- --
12/04/2012 12/04/12 Price Changed $349,500 -7.9% $117 / Sq Ft
10/09/2012 10/09/12 For Sale $379,500 -- $127 / Sq Ft
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
2025 $3,708 $772,530 $158,000 $614,530
2024 $1,713 $671,600 $139,500 $532,100
2023 $3,425 $671,600 $139,500 $532,100
2022 $3,217 $527,400 $133,500 $393,900
2021 $3,217 $527,400 $133,500 $393,900
2020 $2,869 $470,300 $133,500 $336,800
2019 $2,869 $470,300 $133,500 $336,800
2018 $2,771 $454,200 $133,500 $320,700
2017 $2,725 $454,200 $133,500 $320,700
2016 $2,076 $432,900 $131,000 $301,900
2015 $1,938 $346,000 $131,000 $215,000
2014 $933 $334,900 $131,000 $203,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004194240

Bright MLS

APN: 31B1-42