$164,900
SOLD SEP 27, 2016

506 Monticello Cir Locust Grove, VA 22508

3 Beds
3 Baths
1,754 Sq Ft
1988 Built

Recently Sold

$94 Per Sq Ft

144 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Fitness Center
  • Beach
  • Water Access
  • Gated Community

About This Home

As of June 2019

Fabulous buy in Lake of the Woods with approximately 1754 finished sq ft; 3 bedrooms; 3 full baths; wood laminate flooring on main level; open concept kitchen & dining; breakfast bar; rear deck. This home sits on 0.34 acres and rear yard is very private.

Last Agent to Sell the Property

Lori Petrovitch

RE/MAX FINEST Listed on: 03/21/2016

RE/MAX FINEST

Last Buyer's Agent

Japreshia Clark

Wolford And Associates Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1988

Lot Details

  • Home fronts navigable water
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • French Doors
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Windows

Parking

  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 000002323

Community Details

Overview

  • Lake Of The Woods Community
  • Lake Of The Woods Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • Beach
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Jogging Path

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 1988

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Remarks Public: Fabulous buy in Lake of the Woods with approximately 1754 finished sq ft; 3 bedrooms; 3 full baths; wood laminate flooring on main level; open concept kitchen & dining; breakfast bar; rear deck. This home sits on 0.34 acres and rear yard is very private.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass, French
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished, Improved, Daylight, Full, Windows, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1754
  • Living Area Sq Ft: 1754
  • Price Per Sq Ft: 144.90
  • Above Grade Finished Sq Ft: 1138
  • Below Grade Finished Sq Ft: 616
  • Total Below Grade Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1340.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Club House, Community Center, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Pier/Dock, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141052477

Lot Info

  • Improvement Assessed Value: 116400.00
  • Land Assessed Value: 30000.00
  • Lot Features: Backs To Trees
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18816927
  • Tax Annual Amount: 1177.06
  • Assessor Parcel Number: 000002323
  • Tax Lot: 295
  • Tax Total Finished Sq Ft: 1138
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/27/2016

Multi Family

  • Dock Slip Conveyance: First Come - First Served
  • Mean Low Water Feet: 4

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 28, 2019
Sold by
Vtr Llc
Bought by
Diaz Trentin
Seller's Agent
Ioan Denes
CENTURY 21 New Millennium
Buyer's Agent
Crystal Harmon
CENTURY 21 New Millennium
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$396,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,643
Avg. Annual Appreciation
7.57%
Original Mortgage
$255,000
Outstanding Balance
$226,087
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$172,192

Purchase Details

Closed on
Mar 19, 2019
Sold by
Bowles Jennifer E
Bought by
Vtr Llc

Purchase Details

Listed on
Mar 21, 2016
Closed on
Aug 22, 2016
Sold by
Stearns Lending Llc
Bought by
Bowles Jennifer E
Seller's Agent
Lori Petrovitch
RE/MAX FINEST
Buyer's Agent
Japreshia Clark
Wolford And Associates Realty LLC
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$161,912
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2016
Sold by
Hughes Valerie N
Bought by
Stearns Lending Llc

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 28, 2014
Sold by
Citimortgage Inc
Bought by
Hughes Valerie M
Seller's Agent
Lori Petrovitch
Arista Real Estate
Buyer's Agent
James Hedge
RE/MAX Cornerstone Realty
List Price
$147,900
Sold Price
$145,000
Premium/Discount to List
-$2,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$147,959
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2013
Sold by
Achin Norman M and Achin Sandra I
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $255,000 Terrys Title
Foreclosure Deed $138,000 None Available
Special Warranty Deed $164,900 Foxview Title & Abstract Ltd
Trustee Deed $142,900 None Available
Special Warranty Deed $145,000 Servicelink
Deed $259,720 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $161,912 FHA
Previous Owner $147,959 New Conventional
Previous Owner $265,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $255,000 0.0% $224 / Sq Ft
05/17/2019 05/17/19 For Sale $255,000 +54.6% $224 / Sq Ft
09/27/2016 09/27/16 Sold $164,900 0.0% $94 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $164,900 0.0% $94 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $164,900 +13.7% $94 / Sq Ft
07/18/2014 07/18/14 Sold $145,000 -2.0% $83 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $147,900 0.0% $84 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $147,900 -- $84 / 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 $1,590 $206,700 $30,000 $176,700
2023 $1,590 $206,700 $30,000 $176,700
2022 $1,590 $206,700 $30,000 $176,700
2021 $1,526 $212,000 $30,000 $182,000
2020 $1,526 $212,000 $30,000 $182,000
2019 $1,290 $160,400 $30,000 $130,400
2018 $1,290 $160,400 $30,000 $130,400
2017 $1,290 $160,400 $30,000 $130,400
2016 $1,290 $160,400 $30,000 $130,400
2015 $1,054 $146,400 $30,000 $116,400
2014 $1,054 $146,400 $30,000 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002387716

Bright MLS

APN: 012-A0-00-05-0295-0