NOT LISTED FOR SALE

505 Lake Pointe Trail Lanexa, VA 23089

Estimated Value: $642,000 - $737,000

4 Beds
3.5 Baths
2,912 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $624,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,168/month

Highlights

  • Water Views
  • Water Access
  • Separate Formal Living Room
  • Boat Dock
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of August 2023

Welcome to 505 Lake Pointe Trl. in The Colonies, a sought-after riverfront community in New Kent! This 2 story home offers 2912 sqft of living space, 4 bedrooms, 3.5 baths, 2-car garage AND det workshop on 1.19 acres. As you walk in, there is a foyer with wood floors that leads into the living room with gas fireplace and mantel, built-in cabinets, & wood flr. The kitchen features island, double oven, dishwasher, gas cooking, vinyl flr, & recessed lighting. The family rm has carpet & fan. The florida room features vaulted ceiling, tile flr, & fan. Upstairs, the primary bedroom features carpeting, fan, walk-in closet, tray ceiling, & a private bath w/ double vanity, shower, garden tub, walk-in closet, & water closet. 2nd bedroom with fan, hardwood flr, & walk-in closet. 3rd bedroom with carpet. 4th bedroom with fan, carpet, & bathroom access. Office, rec room, & walk-up attic complete the upstairs. Take note of the covered front porch, rear patio, conditioned crawl space, & beautifully landscaped yard. Voluntary HOA includes river access w/ a boat ramp/dock, making it a paradise for water enthusiasts. Don't miss out on the monthly Happy Hrs, Oyster Roast in Nov. & Christmas party!

Last Agent to Sell the Property

Beth Baldwin

Virginia Capital Realty License #0225076137 Listed on: 07/09/2023

Virginia Capital Realty

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 2000

Lot Details

  • 1.19 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • French Doors
  • Separate Formal Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Front Porch

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Utilities

  • Zoned Heating and Cooling
  • Shared Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 52A3 1 211

Community Details

Overview

  • The Colonies New Kent Subdivision

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,072

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Property Attached Yn: No
  • Lot Size Acres: 1.19
  • Ownership: Individuals
  • Subdivision Name: The Colonies - New Kent
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Cooktop, Double Oven, Dishwasher, Gas Cooking, Disposal, Propane Water Heater, Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Tray Ceiling(s), Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Speed Internet, Kitchen Island, Laminate Counters, Bath in Primary Bedroom, Pantry, Recessed Lighting, Wired for Data, Walk-In Closet(s)
  • Living Area: 2912.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Covered, Detached, Garage, Off Street, Two Spaces, Workshop in Garage

Utilities

  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Dock

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Topography: Level
  • Parcel Number: 52A3 1 211
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3072.0

MLS Schools

  • Elementary School: New Kent
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 25, 2023
Sold by
Senediak John
Bought by
Bakoz James Yoail and Bakoz Candice Marie
Seller's Agent
Beth Baldwin
Virginia Capital Realty
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$624,000
Sold Price
$624,000
Total Days on Market
0
Views
4
Current Estimated Value
$687,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,368
Avg. Annual Appreciation
5.62%
Original Mortgage
$499,000
Outstanding Balance
$484,922
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$202,446
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 Buyer Sale Price Title Company
Bakoz James Yoail $624,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakoz James Yoail $499,000
Previous Owner Senediak John $163,787
Previous Owner Senediak John $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $624,000 0.0% $214 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $624,000 -- $214 / 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 $3,705 $627,900 $101,700 $526,200
2023 $3,072 $458,500 $91,700 $366,800
2022 $3,072 $458,500 $91,700 $366,800
2021 $2,886 $365,300 $69,600 $295,700
2020 $2,536 $365,300 $69,600 $295,700
2019 $2,481 $345,200 $67,200 $278,000
2018 $2,911 $397,700 $67,200 $330,500
2017 $2,251 $313,400 $67,200 $246,200
2016 $2,251 $313,400 $67,200 $246,200
2015 $2,532 $301,400 $70,900 $230,500
2014 -- $301,400 $70,900 $230,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2316633

Central Virginia Regional MLS

APN: 52A3 1 211