NOT LISTED FOR SALE

505 Wakefield Dr Locust Grove, VA 22508

Estimated Value: $731,000 - $850,000

4 Beds
2 Baths
2,496 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $496,900 $199 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,707/month

Highlights

  • Concierge
  • 1 Boat Dock
  • Beach
  • Boat Ramp
  • Water Views
  • Pier

About This Home

As of May 2013

Waterfront home that says Welcome! Large Log Beam Trusses, Master suite with luxury bath. Lower Lvl family& game rm" bring the pool table". walks out to stone patio. Covered wrap porch.New Furnace Most of Furniture can convey ready for immediate enjoyment with everything in place. Beautiful view, private boat dock. Newly tiled Kitchen Floor FIRM PRICE REDUCTION

Last Agent to Sell the Property

Joyce Henson

c21henson@aol.com Century 21 Redwood Realty Listed on: 12/03/2012

Century 21 Redwood Realty

Last Buyer's Agent

Chris Wyant

wyanteam@gmail.com Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Home fronts navigable water
  • Premium Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Rambler Architecture
  • Wood Walls
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Wood Ceilings
  • Two Story Ceilings
  • 1 Fireplace
  • Screen For Fireplace
  • Flue
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Flood Lights
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Pier
  • Water Access
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Boat Dock
  • 2 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Patio
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 73
  • Assessor Parcel Number 000003723

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, recreation facility, reserve funds, road maintenance, snow removal, security gate
  • The community has rules related to building or community restrictions, covenants
  • Community Lake

Amenities

  • Concierge
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Community Storage Space

Recreation

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

Security

  • Security Service
  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1973

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • 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: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Dining Area, Family Room Off Kitchen, Breakfast Area, Master Bath(s), Entry Level Bedroom, Window Treatments, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Fireplace Features: Flue For Stove, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, Beamed Ceilings, Wood Ceilings, Wood Walls
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Master Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Exercise Room, Laundry, Storage Room, Utility Room, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Daylight, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 400.56
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Finished Sq Ft: 1248
  • Total Below Grade Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Dock Type: Pier (Perpendicular)
  • Construction Completed: No
  • Exterior Features: Flood Lights
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1195.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Bike Trail, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Community Center, Concierge, Dining Rooms, Exercise Room, Extra Storage, Fencing, Gated Community, Golf Club, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Lake, Library, Meeting Room, Mooring Area, Newspaper Service, Non-Lake Recreational Area, Party Room, Picnic Area, Pier/Dock, Pool Mem Avail, Pool - Outdoor, Putting Green, Recreational Center, Riding/Stables, Security, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Building Restrictions, Covenants, Fencing, Pets - Area, Restrictions
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 175100.00
  • Land Assessed Value: 235000.00
  • Lot Features: Backs To Trees, Bulkheaded, Premium, Partly Wooded, Trees/Wooded
  • Lot Size Acres: 0.32
  • Lot Size Area: 13852
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13852.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2007
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 6

Tax Info

  • Assessor Parcel Number: 18818577
  • Tax Annual Amount: 2009.49
  • Assessor Parcel Number: 000003723
  • Tax Lot: 73
  • Tax Total Finished Sq Ft: 1248
  • Tax Year: 2010
  • Close Date: 05/28/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Glidden William C
Bought by
Glidden Family Revocable Trust
Current Estimated Value
$804,872

Purchase Details

Listed on
Dec 3, 2012
Closed on
May 28, 2013
Sold by
Courtney Jeanette E and Courtney Peter J
Bought by
Glidden William C and Glidden Janet L
Seller's Agent
Joyce Henson
Century 21 Redwood Realty
Buyer's Agent
Chris Wyant
Century 21 Redwood Realty
List Price
$520,000
Sold Price
$496,900
Premium/Discount to List
-$23,100
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$350,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Lefrak Edward A and Lefrak Mary G
Bought by
Efrank Jeanette G and Courtney Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Glidden Family Revocable Trust -- Parrish Snead Franklin Simpson
Glidden William C $496,900 Lakeside Title & Escrow Llc
Efrank Jeanette G $469,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glidden William C $350,000
Previous Owner Efrank Jeanette G $367,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $496,900 -0.6% $199 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
02/25/2013 02/25/13 Price Changed $499,900 -3.9% $200 / Sq Ft
02/12/2013 02/12/13 For Sale $520,000 +4.6% $208 / Sq Ft
02/11/2013 02/11/13 Off Market $496,900 -- --
12/03/2012 12/03/12 For Sale $520,000 -- $208 / 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 $3,881 $490,500 $260,000 $230,500
2023 $3,881 $490,500 $260,000 $230,500
2022 $3,881 $490,500 $260,000 $230,500
2021 $3,725 $517,400 $260,000 $257,400
2020 $3,725 $517,400 $260,000 $257,400
2019 $3,702 $460,500 $260,000 $200,500
2018 $3,702 $460,500 $260,000 $200,500
2017 $3,702 $460,500 $260,000 $200,500
2016 $3,702 $460,500 $260,000 $200,500
2015 -- $427,800 $260,000 $167,800
2014 -- $427,800 $260,000 $167,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004232624

Bright MLS

APN: 012-A0-00-11-0073-0