505 Promenade Ln Williamsburg, VA 23185
West Williamsburg Neighborhood
2
Beds
2.5
Baths
1,489
Sq Ft
610
Sq Ft Lot
Highlights
- Fitness Center
- Clubhouse
- Loft
- Berkeley Middle School Rated A-
- Transitional Architecture
- Community Pool
About This Home
As of April 2025Meticulously maintained condo with an open floor plan downstairs featuring a spacious living room seamlessly connected to the dining area and a sleek kitchen complete with bar seating, stainless steel appliances, and stunning granite countertops. Beautiful plank flooring, wainscoting, and a convenient half bath complete the main level. Upstairs, you’ll find a versatile loft, perfect as an additional living space or home office, and two luxurious primary bedroom suites, each with tray ceilings, expansive walk-in closets, and en-suite bathrooms—one featuring a tub/shower combo and the other with a walk-in shower. A laundry closet completes the upstairs. Privacy fenced patio area to enjoy the outdoors. The community boasts a clubhouse, pool, exercise room, gym, and playground. Situated in a prime location near I-64, you'll enjoy easy access to Colonial Williamsburg, Busch Gardens, Water Country, shopping, and more. Don’t miss out on this amazing opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,128
Year Built
- Built in 2019
Lot Details
- 610 Sq Ft Lot
- Privacy Fence
- Fenced
HOA Fees
- $205 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Transitional Architecture
- Property Attached
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,489 Sq Ft Home
- 2-Story Property
- Bar
- Ceiling Fan
- Loft
- Utility Closet
- Washer and Dryer Hookup
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Outdoor Features
- Patio
- Porch
Schools
- Laurel Lane Elementary / Fmr. Rawls Byrd
- Berkeley Middle School
- Lafayette High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- Town Management @ 757 565 6200 Association
- Promenade@5 Subdivision
Amenities
- Door to Door Trash Pickup
- Clubhouse
Recreation
- Community Playground
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Apr 4, 2025
Sold by
Summerfield Walter R and Summerfield Maria J
Bought by
Tsai Jennifer and Yang Abigail
Seller's Agent
Michael Reames
Reames Realty
Buyer's Agent
Sara Oubre
BHHS RW Towne Realty
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%
Views
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,083
Avg. Annual Appreciation
8.60%
Purchase Details
Listed on
Feb 21, 2019
Closed on
Apr 8, 2019
Sold by
Franciscus At Promenade Llc
Bought by
Summerfield Walter R and Summerfield Maria J
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Shelly Taylor
RE/MAX Capital
List Price
$229,695
Sold Price
$229,695
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$209,695
Interest Rate
4.4%
Mortgage Type
VA
Similar Homes in Williamsburg, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $310,000 | First American Title | |
| Warranty Deed | $229,695 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $204,524 | VA | |
| Previous Owner | $209,695 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Sold | $310,000 | -4.6% | $208 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $325,000 | -3.0% | $218 / Sq Ft |
| 10/04/2024 10/04/24 | For Sale | $335,000 | +45.8% | $225 / Sq Ft |
| 04/22/2019 04/22/19 | Sold | $229,695 | 0.0% | $150 / Sq Ft |
| 02/21/2019 02/21/19 | Pending | -- | -- | -- |
| 02/21/2019 02/21/19 | For Sale | $229,695 | -- | $150 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $2,128 | $272,800 | $62,400 | $210,400 |
| 2023 | $2,128 | $234,400 | $60,000 | $174,400 |
| 2022 | $1,946 | $234,400 | $60,000 | $174,400 |
| 2021 | $1,793 | $213,400 | $50,000 | $163,400 |
| 2020 | $1,793 | $213,400 | $50,000 | $163,400 |
| 2019 | $471 | $207,200 | $50,000 | $157,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Reames
Seller's Agent in 2025
Michael Reames
Reames Realty
(757) 871-2146
1 in this area
106 Total Sales
-
Sara Oubre
Buyer's Agent in 2025
Sara Oubre
BHHS RW Towne Realty
(225) 993-1157
23 in this area
233 Total Sales
-
Shelly Taylor
S
Seller's Agent in 2019
Shelly Taylor
RE/MAX
(757) 871-5768
42 in this area
251 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10553708
APN: 48-1 25-0-0505
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