Seller's Agent in 2021
Eric Nelson
Coldwell Banker Elite
(202) 271-6050
145 in this area
152 Total Sales
521 Lossing Ave Colonial Beach, VA 22443
Estimated Value: $470,000 - $550,000
3
Beds
2
Baths
1,900
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- 0.52 Acre Lot
- 1 Fireplace
- 2 Car Detached Garage
- Cape Cod Architecture
- No HOA
- Parking Storage or Cabinetry
About This Home
As of August 2021DUE TO FAMILY EMERGENY, HOUSE IS TEMPORARILY OFF THE MARKET. IT WILL COME BACK ON THE MARKET IN MID JULY.
Don't miss this property. Immaculate three bedroom, two bath home on the Point on two full lots PLUS a separately-deeded 7500 square foot lot with a large garage with partially built-out apartment on the second floor. This house makes the perfect investment for those looking to have a great weekend retreat or full-time residence in the charming golf-cart community of Colonial Beach AND with just a bit of work, have a separate residence to rent out to pay for your investment. The main home is charming with one ground-floor bedroom and two second floor bedrooms. The garage building has been most recently used as storage, but has the potential to be a cozy apartment above the garage. The location is steps away from breathtaking sunrises and just as spectacular sunsets as well as an easy walk or golf cart ride to all the amenities that the town has to offer.
Last Agent to Sell the Property
Coldwell Banker Elite License #0225220941 Listed on: 06/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,475
Year Built
- Built in 1953
Lot Details
- 0.52 Acre Lot
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Driveway
Home Design
- Cape Cod Architecture
- Vinyl Siding
Interior Spaces
- 1,900 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
Bedrooms and Bathrooms
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- The Point Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 3A1 2 46 13
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2021
Closed on
Aug 30, 2021
Sold by
Holt Michael E and Holt Mary B
Bought by
Poarch William H
Seller's Agent
Eric Nelson
Coldwell Banker Elite
Buyer's Agent
Eric Nelson
Coldwell Banker Elite
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,626
Avg. Annual Appreciation
3.91%
Original Mortgage
$365,724
Outstanding Balance
$333,506
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,477
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Poarch William H | $435,000 | Lawyers Title/Westmoreland |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Poarch William H | $97,600 | |
| Open | Poarch William H | $365,724 | |
| Previous Owner | Holt Michael E | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $435,000 | -8.4% | $229 / Sq Ft |
| 07/18/2021 07/18/21 | For Sale | $475,000 | +9.2% | $250 / Sq Ft |
| 06/27/2021 06/27/21 | Off Market | $435,000 | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $475,000 | -- | $250 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,128 | $268,500 | $68,300 | $200,200 |
| 2023 | $1,044 | $261,100 | $68,300 | $192,800 |
| 2022 | $1,044 | $261,100 | $68,300 | $192,800 |
| 2021 | $1,023 | $187,500 | $68,300 | $119,200 |
| 2020 | $881 | $187,500 | $68,300 | $119,200 |
| 2018 | $750 | $187,500 | $68,300 | $119,200 |
| 2017 | -- | $187,500 | $68,300 | $119,200 |
| 2016 | $731 | $187,500 | $68,300 | $119,200 |
| 2015 | -- | $180,400 | $68,300 | $112,100 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $180,400 | $68,300 | $112,100 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Nelson
Map
Source: Bright MLS
MLS Number: VAWE118616
APN: 3A1-2-46-13
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