NOT LISTED FOR SALE

5303 Center St Unit 5303 Williamsburg, VA 23188

New Town Neighborhood

Estimated Value: $487,000 - $555,000

3 Beds
2.5 Baths
1,936 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $231,186 $119 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,172/month

113 Days on Market

Highlights

  • Outdoor Pool
  • Rowhouse Architecture
  • High Ceiling
  • Berkeley Middle School Rated A-
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2017

Townhome in New Town. 3 bedrooms, 2.5 baths. The home has tested positive for defective drywall. NOTE: This property is now under Auction terms. All offers must be submitted through Auction.com. This property is subject to a 5% buyers premium pursuant to the Auction terms & conditions (minimums may apply). All auction assets will be sold subject to seller approval. List price is for a full price offer.

Last Agent to Sell the Property

Alan Puryear

Coldwell Banker Elite License #0225059106 Listed on: 01/04/2017

Coldwell Banker Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $632

Year Built

  • Built in 2007

Lot Details

  • 2,309

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Factory Built Fireplace
  • Thermal Windows
  • Insulated Doors
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • D. J. Montague Elementary School
  • Berkeley Middle School
  • Lafayette High School

Additional Features

  • Outdoor Pool
  • 2,309 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 92
  • Assessor Parcel Number 38-2-26-0-0092

Community Details

Overview

  • New Town Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$632

Year Built

Built in 2007

Lot Details

0

HOA Fees

$93 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2007
  • Lot Size Acres: 0.053
  • Ownership: REO
  • Subdivision Name: New Town
  • Architectural Style: Row House, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Townhouse
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Fireplace, High Ceilings
  • Living Area: 1936.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 278.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pool(s), Trash

Schools

  • Middle Or Junior School: Berkeley

Lot Info

  • Parcel Number: 38-2-26-0-0092
  • Zoning Description: MU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 632.0
  • Tax Lot: 92

MLS Schools

  • Elementary School: D. J. Montague
  • High School: Lafayette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Sold by
Pierce Alan G and Pierce Leslie
Bought by
Kanals Group Llc A New Jersey Limited Li
Current Estimated Value
$525,792

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 12, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pierce Alan G
Seller's Agent
Alan Puryear
Coldwell Banker Elite
List Price
$319,000
Sold Price
$231,186
Premium/Discount to List
-$87,814
-27.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Madzuma Jessica L and Madzuma Jason M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 3, 2007
Sold by
Hhjv Llc
Bought by
Madzuma Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,902
Interest Rate
6.19%
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
Kanals Group Llc A New Jersey Limited Li -- None Available
Pierce Alan G $231,186 None Available
Wells Fargo Bank Na $306,501 None Available
Madzuma Jason M $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madzuma Jason M $319,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $231,186 -10.7% $119 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
03/23/2017 03/23/17 Price Changed $259,000 -18.8% $134 / Sq Ft
03/20/2017 03/20/17 For Sale $319,000 +38.0% $165 / Sq Ft
03/06/2017 03/06/17 Off Market $231,186 -- --
03/01/2017 03/01/17 Price Changed $319,000 -0.3% $165 / Sq Ft
01/04/2017 01/04/17 For Sale $319,900 -- $165 / 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 $3,927 $503,500 $89,400 $414,100
2024 $3,927 $503,500 $89,400 $414,100
2023 $3,927 $422,400 $83,600 $338,800
2022 $3,506 $422,400 $83,600 $338,800
2021 $3,159 $376,100 $82,000 $294,100
2020 $3,159 $376,100 $82,000 $294,100
2019 $3,159 $376,100 $82,000 $294,100
2018 $3,159 $376,100 $82,000 $294,100
2017 $690 $82,100 $82,000 $100
2016 $690 $82,100 $82,000 $100
2015 $345 $82,100 $82,000 $100
2014 $632 $82,100 $82,000 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1700460

Central Virginia Regional MLS

APN: 38-2 26-0-0092