NOT LISTED FOR SALE

514 Lafayette St Colonial Beach, VA 22443

Estimated Value: $480,000 - $531,000

3 Beds
2 Baths
1,515 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $265,000 $175 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,853/month

145 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Pier
  • 1 Fireplace
  • 2 Dock Slips
  • Rambler Architecture
  • No HOA

About This Home

As of October 2016

APPT. ONLY - UNDER APPRAISED VALUE - REAL WATERFRONT HOME ON THE CALM WATERS OF MONROE BAY WITH PRIVATE PIER AND BOAT MOORINGS. THE DECKING LEADING TO THE PIER IS A FANTASTIC AREA TO ENTERTAIN AND INCLUDES A CUSTOM BUILT GAZEBO. 3 BEDROOM, 2 BATH WATERFRONT RAMBLER WITH FIREPLACE LOCATED ON "THE POINT".Information is believed to be accurate, but should not be relied upon without verification.

Last Agent to Sell the Property

Robert Swink

Colonial Beach Real Estate Inc License #0225018632 Listed on: 03/30/2016

Last Buyer's Agent

Robert Swink

Colonial Beach Real Estate Inc License #0225018632 Listed on: 03/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1960

Lot Details

  • 8,119 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,515 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Water Views
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • 2 Powered Boats Permitted
  • 2 Non-Powered Boats Permitted

Schools

  • Colonial Beach Elementary School
  • Colonial Beach High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 21486

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1960
  • Remarks Public: APPT. ONLY - UNDER APPRAISED VALUE - REAL WATERFRONT HOME ON THE CALM WATERS OF MONROE BAY WITH PRIVATE PIER AND BOAT MOORINGS. THE DECKING LEADING TO THE PIER IS A FANTASTIC AREA TO ENTERTAIN AND INCLUDES A CUSTOM BUILT GAZEBO. 3 BEDROOM, 2 BATH WATERFRONT RAMBLER WITH FIREPLACE LOCATED ON "THE POINT".Information is believed to be accurate, but should not be relied upon without verification.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1515
  • Living Area Sq Ft: 1515
  • Price Per Sq Ft: 189.44
  • Above Grade Finished Sq Ft: 1515
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Dock Type: Pier (Perpendicular)
  • Pool Private: No
  • View: Water
  • View: Yes
  • Water Access: Yes
  • Water Body Name: MONROE BAY
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WESTMORELAND COUNTY PUBLIC SCHOOLS
  • Elementary School: COLONIAL BEACH
  • Middle School: CALL SCHOOL BOARD
  • High School: COLONIAL BEACH
  • School District Key: 121137398432
  • Elementary School: COLONIAL BEACH
  • High School: COLONIAL BEACH
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 96900.00
  • Land Assessed Value: 186000.00
  • Lot Size Acres: 0.19
  • Lot Size Area: 8119
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8119.00
  • Property Attached Yn: No
  • Year Assessed: 2010
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2461.23
  • Assessor Parcel Number: 21486
  • Tax Lot: 10
  • Tax Year: 2013
  • Close Date: 10/24/2016

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 3
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WESTMORELAND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Oct 21, 2016
Sold by
George Ralph D
Bought by
Gernerd Kurt A and Gernerd Pamela Jean
Seller's Agent
Robert Swink
Colonial Beach Real Estate Inc
Buyer's Agent
Robert Swink
Colonial Beach Real Estate Inc
List Price
$287,000
Sold Price
$265,000
Premium/Discount to List
-$22,000
-7.67%
Current Estimated Value
$508,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,864
Avg. Annual Appreciation
6.94%
Original Mortgage
$212,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gernerd Kurt A $265,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gernerd Pamela Jean $231,000
Closed Gernerd Kurt A $212,000
Previous Owner George Ralph D $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $265,000 -7.7% $175 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $287,000 -- $189 / 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 $1,225 $291,600 $186,000 $105,600
2023 $1,166 $291,600 $186,000 $105,600
2022 $1,166 $291,600 $186,000 $105,600
2021 $1,143 $270,100 $186,000 $84,100
2020 $1,269 $270,100 $186,000 $84,100
2018 $1,080 $270,100 $186,000 $84,100
2017 -- $270,100 $186,000 $84,100
2016 $1,053 $270,100 $186,000 $84,100
2015 -- $282,900 $186,000 $96,900
2014 -- $0 $0 $0
2013 -- $282,900 $186,000 $96,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Swink

    Colonial Beach Real Estate Inc

    (804) 761-0500

    59 in this area

    61 Total Sales

    Robert Swink
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Map

Source: Bright MLS

MLS Number: 1000408213

Bright MLS

APN: 3A1-2-50-10

Virginia Westmoreland County Colonial Beach 22443

514 Lafayette St, Colonial Beach, VA

This home is located at 514 Lafayette St, Colonial Beach, VA 22443 since 30 March 2016 and is currently estimated at $508,864, approximately $335 per square foot. This property was built in 1960. 514 Lafayette St is a home located in Westmoreland County with nearby schools including Colonial Beach Elementary School and Colonial Beach High School.

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