NOT LISTED FOR SALE

525 N Lakeshore Dr Louisa, VA 23093

Estimated Value: $554,000 - $605,933

3 Beds
3 Baths
1,368 Sq Ft
$418/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $325,000 $238 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,440/month

48 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Community Boat Facilities
  • Louisa County Middle School Rated A-
  • Beach
  • Water Access

About This Home

As of June 2020

Welcome home to waterfront living on Lake Louisa! This residence offers one of the best views ~ if not THE best view ~ on the lake! Standing on your large back deck of this beautiful waterfront lake home, you can see all the way to the other side of the lake. Yielding over 2,100 spacious square feet of relaxing living space, this residence includes a main floor master suite with separate deck overlooking the lake, two additional bedrooms, high ceilings, an open kitchen and family room area with massive windows revealing the incredible lake view, and warm gas stove, as well as a dining room / sun room. This tranquil lake home also provides a spacious finished walkout basement with a work shop, washer and dryer, and a brand new finished room that could be a fourth bedroom for guests or family members (2 BR septic). Stroll down to the water, and enjoy your very own private boat dock, covered boat house large enough for 2 boats, and a storage area for your water toys and equipment. EXTRA LOT INCLUDED: with purchase, buyer gets neighboring lot 238A with purchase; 2019 tax assessment was $55,000! Turn-key waterfront living awaits. The only missing piece....is you.

Last Agent to Sell the Property

Grayson Hoffman

Lake Anna Island Realty License #0225236765 Listed on: 03/19/2020

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • French Doors
  • Dining Area
  • Atrium Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Water Access
  • Boathouse
  • Deck
  • Front Porch

Schools

  • Trevilians Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 237 & 238A
  • Assessor Parcel Number 13A2-4-237

Community Details

Overview

  • Blue Ridge Shores Subdivision
  • Community Lake
  • Pond in Community

Recreation

  • Community Boat Facilities
  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,470

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Water Body Name: Lake Louisa
  • Ownership: Individuals
  • Subdivision Name: Blue Ridge Shores
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: New
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted
  • Basement: Full, Finished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Atrium, Bedroom on Main Level, Breakfast Area, Dining Area, French Door(s)/Atrium Door(s), Bath in Primary Bedroom, Main Level Primary, Solid Surface Counters, Walk-In Closet(s)
  • Living Area: 1368.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Lot Features: Wooded, Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Drywall, Vinyl Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Other Structures: Boat House
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Beach, Boat Facilities, Common Grounds/Area, Gated, Home Owners Association, Lake, Playground, Park, Pond, Tennis Court(s)
  • Association Fee: 1450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Snow Removal, Trash, Water, Water Access

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 13A2-4-237
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2470.0
  • Tax Lot: 237 & 238A

MLS Schools

  • Elementary School: Trevilians
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 5, 2020
Sold by
Tolin Gerald P and Tolin Arlene K
Bought by
Aydin Katherine and Aydin Haluk
Seller's Agent
Grayson Hoffman
Lake Anna Island Realty
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%
Current Estimated Value
$571,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,483
Avg. Annual Appreciation
10.85%
Original Mortgage
$292,500
Outstanding Balance
$258,705
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$312,778
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aydin Katherine $325,000 Dominion Capital Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aydin Katherine $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2020 06/11/20 Sold $325,000 -5.8% $238 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $345,000 -3.9% $252 / Sq Ft
03/19/2020 03/19/20 For Sale $359,000 -- $262 / Sq Ft
Source: Central Virginia Regional 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
2025 $3,725 $518,600 $119,800 $398,800
2024 $3,725 $517,400 $119,800 $397,600
2023 $3,215 $470,000 $119,800 $350,200
2022 $2,844 $395,000 $119,800 $275,200
2021 $1,869 $347,000 $119,800 $227,200
2020 $2,011 $279,300 $119,800 $159,500
2019 $2,074 $288,100 $119,800 $168,300
2018 $2,001 $277,900 $119,800 $158,100
2017 $1,988 $278,500 $119,800 $158,700
2016 $1,988 $276,100 $119,800 $156,300
2015 $1,977 $274,600 $119,800 $154,800
2013 -- $242,100 $108,900 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2008788

Central Virginia Regional MLS

APN: 13A2-4-237