$361,000
SOLD DEC 3, 2024

503 Lakeview Pkwy Locust Grove, VA 22508

4 Beds
2 Baths
1,662 Sq Ft
1991 Built

Recently Sold

$217 Per Sq Ft

1% Below List Price

35 Days on Market

Highlights

  • Marina
  • Golf Club
  • Bar or Lounge
  • Boat Ramp
  • Community Stables
  • Fitness Center

About This Home

As of December 2024

This beautifully renovated 4-bedroom, 2-bath home is located in the amenity-filled Lake of the Woods, one of Virginia's largest planned recreation communities. Almost every aspect of this home has been renovated, starting with an updated landscaping wall, a freshly poured concrete driveway, a new garage door and garage door opener, and brand-new Trex front and back decks. The home's exterior shines with a recently replaced roof and gutters, just three years old, ensuring peace of mind for years to come. Step inside, and you'll be greeted by new carpet and high-end LVP flooring flowing seamlessly throughout, while the soaring cathedral ceilings and newly replaced windows and sliding glass door, create an airy and open atmosphere in the main living area. The kitchen has been fully renovated to include new cabinets, granite countertops, a modern sink, and all new stainless-steel appliances. No detail has been overlooked in this stunning home. Every light fixture, ceiling fan, wall switch, outlet, door fixture, and plumbing fixture has been thoughtfully updated. The spacious primary bathroom has been completely updated, offering a luxurious retreat powered by a brand-new hot water heater, perfect for unwinding after a long day. Located just 20 miles from both Fredericksburg and Culpeper, this gated community is a haven for outdoor enthusiasts. Residents enjoy access to 2 beautiful lakes and their beaches, perfect for watersports, boating, fishing, swimming, or simply relaxing in the sun. The community also boasts tennis and pickleball courts, basketball courts, soccer fields, walking trails, parks, playgrounds, a fitness center, a community center, a waterfront clubhouse, an on-site restaurant, and two pools. For those who love horses, an equestrian center is available, along with campground rentals, and access to an 18-hole PGA golf course. With 24-hour security and a dedicated Fire and Rescue squad, peace of mind is paramount in this vibrant community. Don’t miss your chance to experience the incredible “Lake Life”! POTENTIAL BUYERS: UNLESS ATTENDING A SCHEDULED OPEN HOUSE, YOU MUST BE ACCOMPANIED BY A REALTOR IN ORDER TO GAIN ACCESS AT THE SECURITY GATE.

Last Agent to Sell the Property

Megan Sullins

(540) 421-9308 megan@patriotgroupfxbg.com CENTURY 21 New Millennium Listed on: 10/04/2024

CENTURY 21 New Millennium

Co-Listed By

Robin Butler

(540) 379-5661 Robin@patriotgroupfxbg.com CENTURY 21 New Millennium License #0225062703

Last Buyer's Agent

Jovanta Verdun

(540) 993-3867 VerdunRealtyllc@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1991

Lot Details

  • Property is in excellent condition
  • Property is zoned R3

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer Hookup

Home Security

  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3790
  • Assessor Parcel Number 012A0001103790

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pier/dock maintenance, pool(s), recreation facility, reserve funds, road maintenance, security gate, snow removal
  • Lake Of The Woods Association
  • Lake Of The Woods Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Recreational Area
  • Community Stables
  • Horse Trails
  • Jogging Path
  • Bike Trail

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1991

Lot Details

0

HOA Fees

$173 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: This beautifully renovated 4-bedroom, 2-bath home is located in the amenity-filled Lake of the Woods, one of Virginia's largest planned recreation communities. Almost every aspect of this home has been renovated, starting with an updated landscaping wall, a freshly poured concrete driveway, a new garage door and garage door opener, and brand-new Trex front and back decks. The home's exterior shines with a recently replaced roof and gutters, just three years old, ensuring peace of mind for years to come. Step inside, and you'll be greeted by new carpet and high-end LVP flooring flowing seamlessly throughout, while the soaring cathedral ceilings and newly replaced windows and sliding glass door, create an airy and open atmosphere in the main living area. The kitchen has been fully renovated to include new cabinets, granite countertops, a modern sink, and all new stainless-steel appliances. No detail has been overlooked in this stunning home. Every light fixture, ceiling fan, wall switch, outlet, door fixture, and plumbing fixture has been thoughtfully updated. The spacious primary bathroom has been completely updated, offering a luxurious retreat powered by a brand-new hot water heater, perfect for unwinding after a long day. Located just 20 miles from both Fredericksburg and Culpeper, this gated community is a haven for outdoor enthusiasts. Residents enjoy access to 2 beautiful lakes and their beaches, perfect for watersports, boating, fishing, swimming, or simply relaxing in the sun. The community also boasts tennis and pickleball courts, basketball courts, soccer fields, walking trails, parks, playgrounds, a fitness center, a community center, a waterfront clubhouse, an on-site restaurant, and two pools. For those who love horses, an equestrian center is available, along with campground rentals, and access to an 18-hole PGA golf course. With 24-hour security and a dedicated Fire and Rescue squad, peace of mind is paramount in this vibrant community. Don’t miss your chance to experience the incredible “Lake Life”! POTENTIAL BUYERS: UNLESS ATTENDING A SCHEDULED OPEN HOUSE, YOU MUST BE ACCOMPANIED BY A REALTOR IN ORDER TO GAIN ACCESS AT THE SECURITY GATE.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Energy Efficient
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Hookup, Lower Floor
  • Total Sq Ft: 1662
  • Living Area Sq Ft: 1662
  • Price Per Sq Ft: 350.10
  • Above Grade Finished Sq Ft: 1028
  • Below Grade Finished Sq Ft: 634
  • Total Below Grade Sq Ft: 634
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2075.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Bike Trail, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Community Center, Fitness Center, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Lake, Marina/Marina Club, Non-Lake Recreational Area, Picnic Area, Pier/Dock, Pool - Outdoor, Recreational Center, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pier/Dock Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Snow Removal
  • HOA Name: LAKE OF THE WOODS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141052477
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 017
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1315.00
  • Assessor Parcel Number: 012A0001103790
  • Tax Lot: 3790
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/03/2024

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 2, 2024
Sold by
Khoury Butrus and Khoury Sumaya
Bought by
Osorio Elio
Seller's Agent
Megan Sullins
CENTURY 21 New Millennium
Buyer's Agent
Jovanta Verdun
Samson Properties
List Price
$364,900
Sold Price
$361,000
Premium/Discount to List
-$3,900
-1.07%
Views
175
Current Estimated Value
$353,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,388
Avg. Annual Appreciation
-2.32%
Original Mortgage
$354,461
Outstanding Balance
$351,536
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$2,076

Purchase Details

Closed on
Feb 28, 2024
Sold by
Khoury Butrus
Bought by
Khoury Butrus and Khoury Sumaya

Purchase Details

Closed on
Oct 4, 2019
Sold by
Beyeler Lisa Lynette
Bought by
Khoury Butrus N and Khoury Brutus N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $361,000 Stewart Title Guaranty Company
Warranty Deed $361,000 Stewart Title Guaranty Company
Warranty Deed -- None Listed On Document
Deed $115,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $354,461 FHA
Closed $354,461 FHA
Previous Owner $86,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $361,000 +0.3% $217 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $359,900 -1.4% $217 / Sq Ft
10/04/2024 10/04/24 For Sale $364,900 -- $220 / 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
2024 $1,316 $175,400 $30,000 $145,400
2023 $1,316 $175,400 $30,000 $145,400
2022 $1,316 $175,400 $30,000 $145,400
2021 $1,263 $175,400 $30,000 $145,400
2020 $1,263 $175,400 $30,000 $145,400
2019 $1,269 $157,800 $30,000 $127,800
2018 $1,269 $157,800 $30,000 $127,800
2017 $1,269 $157,800 $30,000 $127,800
2016 $1,269 $157,800 $30,000 $127,800
2015 -- $142,500 $30,000 $112,500
2014 -- $142,500 $30,000 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAOR2008124

Bright MLS

APN: 012-A0-00-11-0379-0