NOT LISTED FOR SALE

516 Lafayette St Colonial Beach, VA 22443

Estimated Value: $487,000 - $593,000

3 Beds
2 Baths
1,320 Sq Ft
$413/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $284,900 $216 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,014/month

80 Days on Market

Highlights

  • Cottage
  • Heat Pump System
  • 1-Story Property
  • Cooling Available

About This Home

As of April 2012

Beautiful WATERFRONT property in TOWN OF COLONIAL BEACH with stunning views of MONROE BAY. 3BR-2BA one story home with spacious kitchen, separated dining room, large living room, screened-in deck, PIER, patio and much more. Over 1300 square feet!

Last Agent to Sell the Property

Jane Wallace

RE/MAX Bravo License #0225087531 Listed on: 12/20/2011

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1985

Home Design

  • Cottage
  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Washington District Elementary School
  • Montross Middle School
  • Washington And Lee High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 9
  • Assessor Parcel Number 22328

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,386

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1320.0
  • Stories: 1

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Other, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Montross

Lot Info

  • Parcel Number: 22328

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2386.0
  • Tax Block: 50
  • Tax Lot: 9

MLS Schools

  • Elementary School: Washington District
  • High School: Washington and Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Mar 28, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Messenger Calvin D and Schellin Victoria L
Seller's Agent
Jane Wallace
RE/MAX Bravo
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$314,900
Sold Price
$284,900
Premium/Discount to List
-$30,000
-9.53%
Current Estimated Value
$544,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,807
Avg. Annual Appreciation
4.76%
Original Mortgage
$227,920
Outstanding Balance
$155,506
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$389,201

Purchase Details

Closed on
May 16, 2011
Sold by
Recontrust Company Na and Puccio Luis A
Bought by
Bac Home Loans Servicing Lp
Source: Public Records
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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
Messenger Calvin D $284,900 --
Bac Home Loans Servicing Lp $269,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bac Home Loans Servicing Lp $227,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $284,900 -9.5% $216 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $314,900 -- $239 / Sq Ft
Source: Central Virginia Regional MLS

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
2025 $1,772 $422,000 $206,000 $216,000
2024 $1,772 $422,000 $206,000 $216,000
2023 $1,688 $422,000 $206,000 $216,000
2022 $1,688 $422,000 $206,000 $216,000
2021 $1,654 $332,500 $206,000 $126,500
2020 $1,563 $332,500 $206,000 $126,500
2018 $1,314 $328,400 $206,000 $122,400
2017 -- $328,400 $206,000 $122,400
2016 $1,281 $328,400 $206,000 $122,400
2015 -- $322,300 $206,000 $116,300
2014 -- $0 $0 $0
2013 -- $322,300 $206,000 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1131991

Central Virginia Regional MLS

APN: 3A1-2-50-9

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