$382,300
SOLD OCT 28, 2024

510 Cornwallis Ave Locust Grove, VA 22508

0.31 Acre
$1,233,226 Price per Acre
13,504 Sq Ft Lot

Recently Sold

1% Below List Price

173 Days on Market

Highlights

  • 37 Feet of Waterfront
  • Beach
  • Community Stables
  • Boat Ramp
  • Golf Course Community
  • Stables

About This Lot

As of October 2024

Fantastic waterfront lot in a quiet cove location with great main lake views! Begin making plans to construct your dream home on a quiet street in amenity-rich Lake of the Woods! The decking at the water's edge has already been constructed, so you can enjoy the water during the construction phase! Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteer your time and talents...Lake of the Woods offers more than 60 clubs and organizations from Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteer your time and talents...Lake of the Woods offers more than 60 clubs and organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for full-time residents and weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what's to love in Lake of the Woods! Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for full-time residents and weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what's to love in Lake of the Woods!

Last Agent to Sell the Property

Patricia Licata

EXP Realty, LLC License #0225197494 Listed on: 04/15/2024

EXP Realty, LLC

Last Buyer's Agent

John Licata

EXP Realty, LLC License #0225205771

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,891

Lot Details

  • 0.31 Acre Lot
  • 37 Feet of Waterfront
  • Home fronts navigable water
  • Private Lot
  • Premium Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $173 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Schools

  • Locust Grove Elementary And Middle School
  • Orange County High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables
  • Arena
  • Riding Ring

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 012A0000800190

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pier/dock maintenance, pool(s), reserve funds, road maintenance, security gate, snow removal
  • Lake Of The Woods Assoc. HOA
  • Lake Of The Woods Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Gift Shop
  • Clubhouse
  • Game Room
  • Community Center
  • Meeting Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Beach
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing Allowed
  • Putting Green
  • Dog Park
  • Recreational Area
  • Community Stables
  • Horse Trails
  • Jogging Path
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Bulkhead
  • Swimming Allowed
  • Powered Boats Permitted
  • Lake Privileges

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,891

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic waterfront lot in a quiet cove location with great main lake views! Begin making plans to construct your dream home on a quiet street in amenity-rich Lake of the Woods! The decking at the water's edge has already been constructed, so you can enjoy the water during the construction phase! Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteer your time and talents...Lake of the Woods offers more than 60 clubs and organizations from Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteer your time and talents...Lake of the Woods offers more than 60 clubs and organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for full-time residents and weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what's to love in Lake of the Woods! Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for full-time residents and weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what's to love in Lake of the Woods!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 29.15
  • Street Number Modifier: 510

Exterior Features

  • Construction Completed: No
  • View: Garden/Lawn, Lake
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Lake of the Woods Main Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 37

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available, Sewer Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 2075.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Boat Dock/Slip, Boat Ramp, Club House, Common Grounds, Community Center, Dog Park, Fitness Center, Game Room, Gated Community, Gift Shop, Golf Course, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Lake, Meeting Room, Mooring Area, Non-Lake Recreational Area, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Snow Removal
  • HOA Name: LAKE OF THE WOODS ASSOC.
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • Elementary School: LOCUST GROVE
  • Middle School: LOCUST GROVE
  • High School: ORANGE COUNTY
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052477
  • School District Source: Listing Agent
  • Elementary School: LOCUST GROVE
  • High School: ORANGE COUNTY
  • Middle Or Junior School: LOCUST GROVE

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Arena, Horse Trails, Horses Allowed, Riding Ring, Stable(s)
  • Lot Features: Premium, Private, Trees/Wooded, Bulkheaded, Fishing Available
  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13294.00
  • Year Assessed: 2022
  • Zoning: R3
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1891.00
  • Assessor Parcel Number: 012A0000800190
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/28/2024

Multi Family

  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Oct 24, 2024
Sold by
Carl L Vacketta Revocable Trust and Vacketta Carl L
Bought by
Meyer Michael and Meyer Jin
Seller's Agent
Patricia Licata
EXP Realty, LLC
Buyer's Agent
John Licata
EXP Realty, LLC
List Price
$387,500
Sold Price
$382,300
Premium/Discount to List
-$5,200
-1.34%
Views
118
Current Estimated Value
$374,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,343
Avg. Annual Appreciation
-3.19%

Purchase Details

Listed on
Jul 10, 2012
Closed on
Dec 26, 2012
Sold by
Nunes Morris A
Bought by
Vacketta Carl L and The Carl L Vacketta Revocable Trust
Seller's Agent
Joyce Henson
Century 21 Redwood Realty
Buyer's Agent
Patricia Licata
EXP Realty, LLC
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $382,300 Ratified Title
Deed $195,000 Stewart Title Guaranty
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $382,300 -1.3% --
04/15/2024 04/15/24 For Sale $387,500 +98.7% --
12/31/2012 12/31/12 Sold $195,000 -7.1% --
12/20/2012 12/20/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $209,900 -- --
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 $1,892 $250,000 $250,000 $0
2023 $1,892 $250,000 $250,000 $0
2022 $1,892 $250,000 $250,000 $0
2021 $1,816 $252,200 $250,000 $2,200
2020 $1,816 $252,200 $250,000 $2,200
2019 $1,667 $207,300 $200,000 $7,300
2018 $1,667 $207,300 $200,000 $7,300
2017 $1,667 $207,300 $200,000 $7,300
2016 $1,667 $207,300 $200,000 $7,300
2015 -- $254,000 $250,000 $4,000
2014 -- $254,000 $250,000 $4,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAOR2006822

Bright MLS

APN: 012-A0-00-08-0019-0