$240,000
SOLD NOV 23, 2021

503 Promenade Ln Williamsburg, VA 23185

West Williamsburg Neighborhood
2 Beds
2 Baths
1,231 Sq Ft
684 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Berkeley Middle School Rated A-
  • Transitional Architecture
  • Tray Ceiling

About This Home

As of November 2021

Wonderful 2 bedroom condo in the sought after community of The Promenade @5 which is centrally located in Williamsburg! Spacious kitchen with white cabinets, stainless appliances and abundant counter space. Luxury vinyl plank flooring throughout main living areas and bathrooms. The owners suite features beautiful crown molding and 2 closets! In addition to the 2 bedrooms there is a flex/bonus space perfect for a home office. Private outdoor patio space with storage. This popular neighborhood offers great amenities such as a gorgeous clubhouse with full exercise room, outdoor pool, dog park, and community garden. Conveniently located close to Rt. 199, New Town, Colonial Williamsburg, William & Mary and a short walk to grocery shopping & so much more.

Last Agent to Sell the Property

Kara Dodd

Williamsburg Realty License #0225205497 Listed on: 10/08/2021

Last Buyer's Agent

Tracey Mendoza

Liz Moore & Associates-2 License #0225205587

Liz Moore & Associates-2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 2019

Lot Details

  • 684 Sq Ft Lot
  • Fenced Front Yard

Parking

  • Assigned Parking

Home Design

  • Transitional Architecture
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • No Attic
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Laurel Lane Elementary School
  • Berkeley Middle School
  • Lafayette High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 48-1-25-0-0503

Community Details

Overview

  • $444 Additional Association Fee
  • Association fees include clubhouse, comm area maintenance, common area, exterior maintenance, landscaping, limited exterior maintenance, management fees, pool, recreational facilities, road maintenance, snow removal, trash removal, yard maintenance
  • Association Phone (757) 345-6400
  • Property managed by The Associa Community Group

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Zoning: MU
  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 194.96
  • Appliances Equipment: Dishwasher, Dryer, Electric Cooking, Microwave, Range, Refrigerator, Smoke Alarm, Stack Washer/Dryer, Washer
  • Total Bathrooms: 2.00
  • County Or City: James City Co.
  • Parcel Number: 48-1-25-0-0503
  • Siding: Vinyl
  • SP/ Sq Ft: 194.96
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Acres: 0.0157
  • Total Sq Ft: 1231
  • Street View Param: 1$37.254237$-76.739103$207.63$13.33$1.00$vcH1Ax8b0aa7gAEdM3F8hQ
  • Year Built: 2019
  • Special Features: None
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Number of Rooms: 5
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 2
  • Interior: 9 Ft + Ceilings, Ceiling Fan, Countertops - Laminate, Dining Area, Dryer Hookup, Fire Sprinkler, Recessed Lighting, Tray Ceiling, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Williamsburg

Exterior Features

  • Fence: Front Only
  • Exterior: Patio, Private Storage
  • Roof: Composite

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Additional Fee: 444.00
  • Additional Fee Description: One Time Capital Contribution Fee
  • Amenities: Clubhouse, Common Area, Exercise Room, Picnic Area, Pool, Professional Mgmt
  • Fee Description: Condo Association
  • Fee Includes: Clubhouse, Comm Area Maintenance, Common Area, Exterior Maintenance, Landscaping, Limited Exterior Maintenance, Management Fees, Pool, Recreational Facilities, Road Maintenance, Snow Removal, Trash Removal, Yard Maintenance

Schools

  • Elementary School: Laurel Lane
  • Middle School: Berkeley
  • High School: Lafayette
  • Elementary School: Laurel Lane
  • High School: Lafayette
  • Middle School: Berkeley

Rental Info

  • Minimum Deposit: 1000

Multi Family

  • Management Firm: The Associa Community Group
  • Management Phone: 757-345-6400

Tax Info

  • Annual Taxes: 1635.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 9, 2021
Sold by
Sink Samuel R and Sink Dominika E
Bought by
Holmes Kimberlin D
Seller's Agent
Kara Dodd
Williamsburg Realty
Buyer's Agent
Tracey Mendoza
Liz Moore & Associates-2
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$240,000
Outstanding Balance
$221,471
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$85,567

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 11, 2019
Sold by
Franciscus At Promenade Llc
Bought by
Sink Samuel R and Sink Dominika E
Seller's Agent
Shelly Taylor
BHHS RW Towne Realty
Buyer's Agent
Kara Dodd
Williamsburg Realty
List Price
$204,990
Sold Price
$207,815
Premium/Discount to List
$2,825
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$166,252
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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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 $240,000 Lytle Title & Escrow Llc
Warranty Deed $207,815 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 VA
Previous Owner $157,800 New Conventional
Previous Owner $166,252 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $320,000 +33.3% $258 / Sq Ft
11/23/2021 11/23/21 Sold $240,000 +2.1% $195 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $235,000 +13.1% $191 / Sq Ft
02/28/2019 02/28/19 Sold $207,815 +1.4% $164 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $204,990 -- $162 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $1,635 $251,600 $62,400 $189,200
2023 $1,635 $214,500 $60,000 $154,500
2022 $1,635 $214,500 $60,000 $154,500
2021 $1,635 $194,700 $50,000 $144,700
2020 $1,635 $194,700 $50,000 $144,700
2019 $1,562 $185,900 $50,000 $135,900
Source: Public Records

Agents Affiliated with this Home

  • Cristy Garcia-Kramer

    Seller's Agent in 2025

    Cristy Garcia-Kramer

    BHHS RW Towne Realty

    (757) 472-9800

    80 Total Sales

    Cristy Garcia-Kramer
    Section Image

  • K

    Seller's Agent in 2021

    Kara Dodd

    Williamsburg Realty

    (757) 871-6087

    15 in this area

    40 Total Sales

    Kara Dodd
    Section Image

  • T

    Buyer's Agent in 2021

    Tracey Mendoza

    Liz Moore & Associates-2

    Section Image

  • S

    Seller's Agent in 2019

    Shelly Taylor

    BHHS RW Towne Realty

    (757) 871-5768

    46 in this area

    255 Total Sales

    Shelly Taylor
    Section Image
See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2104067

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0503

Virginia James City County Williamsburg 23185 West Williamsburg

503 Promenade Ln, Williamsburg, VA

This home is located at 503 Promenade Ln, Williamsburg, VA 23185 and is currently priced at $240,000, approximately $194 per square foot. This property was built in 2019. 503 Promenade Ln is a home located in James City County with nearby schools including Laurel Lane Elementary School, Berkeley Middle School, and Lafayette High School.

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