NOT LISTED FOR SALE

507 Promenade Ln Williamsburg, VA 23185

Druid Hills Neighborhood

Estimated Value: $341,000 - $354,000

2 Beds
3 Baths
1,559 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2019

Last sale price $234,915 $151 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,213 / mo

Highlights

  • Fitness Center
  • In Ground Pool
  • Transitional Architecture
  • Berkeley Middle School Rated A-
  • Clubhouse
  • Loft

About This Home

As of March 2019

Williamsburgs newest condominium community. The Farringdon model - a townhouse design featuring living room, dining room, laundry closet, u-shaped step saving kitchen, bedroom & full bathroom on the 1st floor. Master bedroom, guest room, 2 full bathrooms & loft on the 2nd floor. A broom finished concrete patio is partially enclosed by a 48' vinyl fence & an exterior adjacent 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: 09/24/2018

RE/MAX Capital

Last Buyer's Agent

Mike Dauses

Garrett Realty Partners License #022523813

Garrett Realty Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • Vinyl Fence
  • Decorative Fence

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Home to be built
  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,559 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Loft
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

Overview

  • $444 Additional Association Fee
  • Association fees include clubhouse, comm area maintenance, exterior maintenance, pool, recreational facilities, trash removal, yard maintenance, landscaping
  • Association Phone (757) 345-6400
  • Property managed by ASSOCIO COMMUNITY GROUP

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

871 Sq Ft Lot

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 150.68
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Microwave, Smoke Alarm, Stove, Stove Hood, Wall Oven, Range
  • Total Bathrooms: 3.00
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Brick, Vinyl
  • SP/ Sq Ft: 150.68
  • Wall Type: Drywall
  • Year Built Description: To Be Built
  • Property Subtype2: Attached
  • Total Sq Ft: 1559
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Number of Rooms: 6
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: Pull Down
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior: 9 Ft + Ceilings, Other, Countertops - Laminate, Dining Area, Dryer Hookup, Loft, 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: Insulated Doors, Porch, Sliding Doors, Front Porch, Patio
  • Pool Description: In Ground, Outdoor
  • Roof: Asphalt Shingle, Wood Shingle

Garage/Parking

  • Parking: Assigned, Off Street, Paved Driveway

Utilities

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

Condo/Co-op/Association

  • Additional Fee: 444.00
  • Additional Fee Description: CAPITOL CONTRIBUTION 3 MONTHS OF HOA FEES
  • Amenities: Clubhouse, Common Area, Other, Exercise Room, Maintenance Free, Picnic Area, Pool, Professional Mgmt
  • Fee: 148.00
  • Fee Description: Condo Association
  • Fee Includes: Clubhouse, Comm Area Maintenance, Exterior Maintenance, Pool, Recreational Facilities, Trash Removal, Yard Maintenance, Landscaping
  • Fee Period: Monthly

Schools

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

Multi Family

  • Management Firm: ASSOCIO COMMUNITY GROUP
  • Management Phone: 757-345-6400

Tax Info

  • Tax Year: 2018

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

Closed on
Mar 29, 2024
Sold by
Bought by
Current Estimated Value
$346,816

Purchase Details

Listed on
Sep 24, 2018
Closed on
Feb 27, 2019
Sold by
Bought by
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Mike Dauses
Garrett Realty Partners
List Price
$229,990
Sold Price
$234,915
Premium/Discount to List
$4,925
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$176,185
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Listed On Document
$234,915 None Available
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
Previous Owner $176,185
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
03/15/2019 03/15/19 Sold $234,915 +2.1% $151 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $229,990 -- $148 / 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 $2,350 $283,100 $62,400 $220,700
2024 $2,208 $283,100 $62,400 $220,700
2023 $2,208 $242,700 $60,000 $182,700
2022 $2,014 $242,700 $60,000 $182,700
2021 $1,858 $221,200 $50,000 $171,200
2020 $1,858 $221,200 $50,000 $171,200
2019 $1,769 $210,600 $50,000 $160,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shelly Taylor

    RE/MAX

    (757) 871-5768

    15 in this area

    222 Total Sales

    Shelly Taylor
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Dauses

    Garrett Realty Partners

    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1832671

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0507

Virginia James City County Williamsburg 23185 Druid Hills

507 Promenade Ln, Williamsburg, VA

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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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