NOT LISTED FOR SALE

506 Promenade Ln Williamsburg, VA 23185

West Williamsburg Neighborhood

Estimated Value: $340,643 - $354,000

3 Beds
3 Baths
1,639 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $237,160 $145 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,083/month

Highlights

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

About This Home

As of June 2019

The Dearborn model - corner unit townhouse design featuring living room, dining room, u-shaped step saving kitchen family room & powder room on the 1st floor. 3 bedrooms, 2 bathrooms, & laundry closet on the 2nd floor. A broom finished concrete patio is enclosed with a vinyl fence & an adjacent exterior storage shed. Along with amenities including pool, bark park with washing station, clubhouse with demonstration kitchen, work out room, garden grid & park. Located just off of 199 minutes from colonial Williamsburg, the college of W&M, access to I-64, Busch Gardens & so much more.

Last Agent to Sell the Property

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 04/18/2019

RE/MAX Capital

Last Buyer's Agent

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 04/18/2019

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 2019

Lot Details

  • Vinyl Fence
  • Decorative Fence

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,639 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Pull Down Stairs to Attic
  • Fire Sprinkler System
  • Laminate Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Electric Water Heater

Community Details

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Low-Rise Condominium
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,931

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Low Rise
  • Style: Transitional
  • Structure: Frame
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Vinyl
  • SP/ Sq Ft: 144.70
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Total Sq Ft: 1639
  • Year Built: 2019
  • Special Features: None
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Basement Type: Slab
  • Attic: Pull Down
  • Interior: 9 Ft + Ceilings, Countertops - Laminate, Double Vanity, Dryer Hookup, Fire Sprinkler, Pantry, Recessed Lighting, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

  • Fence: Decorative, Vinyl/PVC
  • Exterior: Patio, Private Storage, Sliding Doors
  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Assigned, Off Street, Paved Driveway

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Clubhouse, Common Area, Community Room, Exercise Room, Maintenance Free, Picnic Area, Pool, Professional Mgmt

Schools

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

Tax Info

  • Annual Taxes: 1931.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 21, 2019
Sold by
Franciscus At Promenade Llc
Bought by
Yan Zhangwen and Zhang Zuyu
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Shelly Taylor
RE/MAX Capital
List Price
$229,990
Sold Price
$237,160
Premium/Discount to List
$7,170
3.12%
Current Estimated Value
$347,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,251
Avg. Annual Appreciation
6.23%
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 Buyer Sale Price Title Company
Yan Zhangwen $237,160 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $237,160 +3.1% $145 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $229,990 -- $140 / 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 $2,285 $293,000 $62,400 $230,600
2023 $2,285 $254,800 $60,000 $194,800
2022 $2,115 $254,800 $60,000 $194,800
2021 $1,953 $232,500 $50,000 $182,500
2020 $1,953 $232,500 $50,000 $182,500
2019 $1,894 $225,500 $50,000 $175,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shelly Taylor

    RE/MAX

    (757) 871-5768

    42 in this area

    251 Total Sales

    Shelly Taylor
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1901602

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0506

Virginia James City County Williamsburg 23185 West Williamsburg

506 Promenade Ln, Williamsburg, VA

This home is located at 506 Promenade Ln, Williamsburg, VA 23185 since 18 April 2019 and is currently estimated at $347,411, approximately $211 per square foot. This property was built in 2019. 506 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Williamsburg Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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