NOT LISTED FOR SALE

516 Monroe Bay Ave Colonial Beach, VA 22443

Estimated Value: $426,000 - $454,000

2 Beds
1 Bath
1,816 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $265,000 $146 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,462/month

4 Days on Market

Highlights

  • No HOA
  • Shed
  • Heat Pump System
  • Bungalow
  • Central Air

About This Home

As of November 2020

This home is a must see! It has lots of room for you and your family including a comfy screened in front porch, 2 sitting rooms, TV room, sunroom addition, a large back yard, rear deck and owner's suite balcony with awning. Most of the furnishings will convey with the sale. Colonial Beach is a golf cart community located on the Potomac River with sandy beaches, great restaurants, antique shops, brewery and close to a number of wineries throughout the Northern Neck. One and a half hours from Washington, DC and Richmond, 30 minutes from Dahlgren Naval Base and 45 minutes from Fredericksburg.

Last Agent to Sell the Property

Deb Warford

Coldwell Banker Elite License #0225226937 Listed on: 10/10/2020

Coldwell Banker Elite

Last Buyer's Agent

Eric Nelson

Coldwell Banker Elite License #0225220941

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1925

Lot Details

  • 7,000

Parking

  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,816 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Shed
  • 7,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 3A1 2 48 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: This home is a must see! It has lots of room for you and your family including a comfy screened in front porch, 2 sitting rooms, TV room, sunroom addition, a large back yard, rear deck and owner's suite balcony with awning. Most of the furnishings will convey with the sale. Colonial Beach is a golf cart community located on the Potomac River with sandy beaches, great restaurants, antique shops, brewery and close to a number of wineries throughout the Northern Neck. One and a half hours from Washington, DC and Richmond, 30 minutes from Dahlgren Naval Base and 45 minutes from Fredericksburg.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1816
  • Living Area Sq Ft: 1816
  • Price Per Sq Ft: 151.43
  • Above Grade Finished Sq Ft: 1816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: COLONIAL BEACH PUBLIC SCHOOLS
  • School District Key: 300200396427
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 007
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1697.00
  • Assessor Parcel Number: 3A1 2 48 5
  • Tax Lot: 5
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2017
  • Close Date: 11/20/2020

MLS Schools

  • School District Name: COLONIAL BEACH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Nov 17, 2020
Sold by
Daacke Michael
Bought by
Eisenberg Harris L
Seller's Agent
Deb Warford
Coldwell Banker Elite
Buyer's Agent
Eric Nelson
Coldwell Banker Elite
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$435,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,613
Avg. Annual Appreciation
11.46%
Original Mortgage
$181,600
Outstanding Balance
$162,334
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$282,321

Purchase Details

Closed on
Mar 20, 2020
Sold by
Baugher Wayne C and Upham Lisa D
Bought by
Baugher Wayne C and Daacke Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 21, 2015
Sold by
Teeter Kenneth W and Teeter Patricia A
Bought by
Teeter Kenneth W

Purchase Details

Closed on
Oct 20, 2011
Sold by
Smith Eric R
Bought by
Goodine Frederick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Eisenberg Harris L $265,000 Lawyers Title/Westmoreland
Baugher Wayne C -- None Available
Teeter Kenneth W -- --
Goodine Frederick C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenberg Harris L $181,600
Previous Owner Baugher Wayne C $175,200
Previous Owner Baugher Wayne C $172,800
Previous Owner Goodine Frederick C $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $265,000 -3.6% $146 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $275,000 +27.3% $151 / Sq Ft
10/18/2019 10/18/19 Sold $216,000 0.0% --
09/05/2019 09/05/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $216,000 -- --
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 $1,069 $254,500 $47,500 $207,000
2023 $1,018 $254,500 $47,500 $207,000
2022 $1,018 $254,500 $47,500 $207,000
2021 $998 $133,900 $47,500 $86,400
2020 $629 $133,900 $47,500 $86,400
2018 $514 $133,900 $47,500 $86,400
2017 -- $128,600 $47,500 $81,100
2016 $502 $128,600 $47,500 $81,100
2015 -- $121,400 $47,500 $73,900
2014 -- $0 $0 $0
2013 -- $121,400 $47,500 $73,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Deb Warford

    Coldwell Banker Elite

    (703) 507-7973

    50 in this area

    60 Total Sales

    Deb Warford
    Section Image
  • Eric Nelson

    Buyer's Agent in 2020

    Eric Nelson

    Coldwell Banker Elite

    (202) 271-6050

    145 in this area

    152 Total Sales

    Eric Nelson
    Section Image

  • A

    Seller's Agent in 2019

    Anita Huseman

    Coldwell Banker Elite

    (240) 285-7963

    19 in this area

    21 Total Sales

    Anita Huseman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAWE117264

Bright MLS

APN: 3A1-2-48-5

Virginia Westmoreland County Colonial Beach 22443

516 Monroe Bay Ave, Colonial Beach, VA

This home is located at 516 Monroe Bay Ave, Colonial Beach, VA 22443 since 10 October 2020 and is currently estimated at $435,613, approximately $239 per square foot. This property was built in 1925. 516 Monroe Bay Ave is a home located in Westmoreland County with nearby schools including Colonial Beach Elementary School and Colonial Beach High School.

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