NOT LISTED FOR SALE

506 Settlement Dr Williamsburg, VA 23188

New Town Neighborhood

Estimated Value: $258,000 - $267,000

2 Beds
2.5 Baths
1,120 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2015

Last sale price $149,000 $133 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,450 / mo

11 Days on Market

Highlights

  • Clubhouse
  • Porch
  • Central Air
  • Berkeley Middle School Rated A-
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of March 2015

CORNER CONDO OFFERING 2 BEDROOMS, 2.5 BATHS, OPEN FLOOR PLAN W CASUAL DINING, NEWER CARPET/VINYL FLOORS, FRESHLY PAINTED,NEW HARDWARE IN KITCHEN/BATHS, NEW REFRIGERATOR, AND ALL APPLIANCES CONVEY. OUTSIDE LIVING AREAS INCLUDE A PRIVATE FENCED PATIO & FRONT PORCH.WALKING DISTANCE TO COLONIAL WILLIAMSBURG & SHOPPING.

Last Agent to Sell the Property

Kelly Corbett

Long & Foster Real Estate, Inc. License #0225086734 Listed on: 01/12/2015

Last Buyer's Agent

Non-Member Non-Member

Williamsburg MLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $803

Year Built

  • Built in 2001

HOA Fees

  • $174 Monthly HOA Fees

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Visitor Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Lower Level

Listing and Financial Details

  • Assessor Parcel Number 3720608506

Community Details

Overview

  • Association fees include exterior maintenance, yard maintenance
  • Property managed by CHESAPEAKE BAY MGT

Amenities

  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$803

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$174 per month

Listing Details

  • Restrictions: Subdiv Restrictions
  • Zoning: RM-2
  • Property Type: Residential
  • Property Sub Type: Attached
  • Structure: Frame
  • Price Per Finished Sq Ft: 133.04
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Electric Cooking, Microwave, Refrigerator, Smoke Alarm, Washer
  • Total Bathrooms: 2.10
  • County Or City: Williamsburg
  • Parcel Number: 3720608506
  • Siding: Vinyl
  • Unit Placement: Lower Level
  • Wall Type: Drywall
  • Res Type: Res-Single Family
  • Total Sq Ft: 1120
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Number of Rooms: 5
  • Flooring: Carpet, Vinyl
  • Attic: Access Panel
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior: Ceiling Fan, Countertops - Laminate, Dining Area, Dryer Hookup, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Out Building, Porch
  • Roof: Composite

Garage/Parking

  • Number Of Parking Spaces Available: 1
  • Parking: Assigned, Visitor

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Clubhouse
  • Fee: 174.00
  • Fee Includes: Exterior Maintenance, Yard Maintenance
  • Fee Period: Monthly

Lot Info

  • Lot Dimensions: Corner Unit

Rental Info

  • Deposit: 1000
  • Minimum Deposit: 1000

Multi Family

  • Management Firm: CHESAPEAKE BAY MGT
  • Management Phone: CHESAPEAKE BAY

Tax Info

  • Annual Taxes: 803.00
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 2, 2015
Sold by
Walker Jeffrey K
Bought by
Seller's Agent
Kelly Corbett
Long & Foster Real Estate, Inc.
Buyer's Agent
Non-Member Non-Member
Williamsburg MLS
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%
Current Estimated Value
$207,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,992
Avg. Annual Appreciation
5.02%
Original Mortgage
$119,200
Outstanding Balance
$88,549
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$173,463
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in New Town, VA

  • Kathy Chambers Real Estate Agent - Coldwell Banker Traditions

    Kathy Chambers

    Coldwell Banker Traditions

    (757) 206-2383

    28 Total Sales

    6 in New Town

    $443K - $550K Price Range

    Kathy Chambers
     Section Image
  • Randolph Haufe Real Estate Agent - Shaheen, Ruth, Martin & Fonville RE WBG

    Randolph Haufe

    Shaheen, Ruth, Martin & Fonville RE WBG

    (757) 703-1239

    85 Total Sales

    9 in New Town

    $267K - $535K Price Range

    Randolph Haufe
     Section Image
  • Andrea Sarina Real Estate Agent - Howard Hanna Real Estate Svcs.

    Andrea Sarina

    Responds Quickly

    Howard Hanna Real Estate Svcs.

    (757) 866-3435

    47 Total Sales

    4 in New Town

    $183K - $500K Price Range

    Andrea Sarina
     Section Image
  • Duke Morisset Real Estate Agent - All Homes Real Estate Group

    Duke Morisset

    All Homes Real Estate Group

    (757) 703-1990

    91 Total Sales

    12 in New Town

    $85K - $590K Price Range

    Duke Morisset
     Section Image
  • Nan Piland Real Estate Agent - Liz Moore & Associates - WBG/DP

    Nan Piland

    Liz Moore & Associates - WBG/DP

    (757) 654-2285

    110 Total Sales

    9 in New Town

    $305K - $463K Price Range

    Nan Piland
     Section Image
  • Mark Allen Real Estate Agent - Iron Valley Real Est Norfolk

    Mark Allen

    Iron Valley Real Est Norfolk

    (757) 231-9567

    88 Total Sales

    1 in New Town

    $137,500 Price

    Mark Allen
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$149,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $119,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2015 03/13/15 Sold $149,000 -6.3% $133 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $159,000 -- $142 / Sq Ft
Source: Williamsburg Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,471 $237,200 $11,200 $226,000
2024 $1,421 $229,200 $11,100 $218,100
2023 $1,136 $183,200 $11,100 $172,100
2022 $1,102 $177,800 $0 $177,800
2021 $965 $160,800 $0 $160,800
2020 $892 $148,600 $0 $148,600
2019 $943 $157,100 $0 $157,100
2018 $895 $148,600 $0 $148,600
2017 $847 $151,700 $0 $151,700
2016 $834 $146,300 $0 $146,300
2015 $834 $140,800 $0 $140,800
2014 $834 $146,300 $0 $146,300
Source: Public Records

Agents Affiliated with this Home

  • KC

    Seller's Agent in 2015

    Kelly Corbett

    Long & Foster

    Section Image

  • NN

    Buyer's Agent in 2015

    Non-Member Non-Member

    VA_WMLS

See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 30044200

Williamsburg Multiple Listing Service

APN: 3208.893.965

Virginia Williamsburg County Williamsburg 23188 New Town

506 Settlement Dr, Williamsburg, VA

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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