NOT LISTED FOR SALE

5401 Merry Point Rd Mineral, VA 23117

Margo Neighborhood

Estimated Value: $1,898,997 - $1,913,000

4 Beds
4.5 Baths
3,900 Sq Ft
$489/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $975,000 $250 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $11,350/month

81 Days on Market

Highlights

  • Boathouse
  • Water Views
  • Water Access
  • 3 Boat Docks
  • Home fronts navigable water
  • Gourmet Kitchen

About This Home

As of March 2013

$1.2 MIL FINAL SALES PRICE THAT INCLUDED ADJACENT WATERFRONT LOT. Magnificent Waterfront Home on Lake Anna * 300 + ft of Waterfront * Water View from Every Room * Patio * 3 Slip Boat House & Docks * 4+ BR's * 4.5 BA's * 2 Car Garage * Good Vacation Rental History * Adjacent WF Lot For Sale. No personal property included.

Last Agent to Sell the Property

Kathy Gardner

Dockside Realty Listed on: 10/19/2012

Dockside Realty

Last Buyer's Agent

Ron Gentry

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • Home fronts navigable water
  • Cul-De-Sac
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned RR

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Wood Flooring
  • Water Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • Boathouse
  • 3 Boat Docks
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Screened Patio
  • Shed
  • Porch

Utilities

  • Zoned Cooling
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Multi-Tank Electric Water Heater
  • Well
  • Water Conditioner is Owned
  • Septic Equal To The Number Of Bedrooms

Community Details

  • Rose Valley Coves HOA

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8
  • Assessor Parcel Number 68D1-8-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,899

Year Built

Built in 2000

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Refrigerator, Trash Compactor, Washer, Water Conditioner - Owned
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Dining, Kitchen - Island, Master Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wet/Dry Bar, Wood Floors, Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Floors In Unit Count: 1
  • Levels Count: 2
  • Room List: Living Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Price Per Sq Ft: 612.82
  • Above Grade Finished Sq Ft: 1950
  • Below Grade Finished Sq Ft: 1950
  • Total Below Grade Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Boat House
  • Construction Materials: Hardiplank Type
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Underground Lawn Sprinkler
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE ANNA
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s), Zoned
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: ROSE VALLEY COVES
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 656900.00
  • Land Assessed Value: 354400.00
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 1.00
  • Lot Size Area: 43560
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2012
  • Zoning: RR

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 16862600
  • Tax Annual Amount: 8899.44
  • Assessor Parcel Number: 68D1-8-
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 2339
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 03/05/2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Federal Flood Zone: Y
  • Mean Low Water Feet: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
Mar 4, 2013
Sold by
Madigan James B
Bought by
Woodward Edwin
Seller's Agent
Kathy Gardner
Dockside Realty
Buyer's Agent
Ron Gentry
EXP Realty, LLC
List Price
$1,195,000
Sold Price
$975,000
Premium/Discount to List
-$220,000
-18.41%
Current Estimated Value
$1,896,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,464
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Weyers Robert
Bought by
Madigan James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Woodward Edwin $975,000 --
Madigan James B $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madigan James B $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $975,000 -18.4% $250 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $1,195,000 +22.6% $306 / Sq Ft
01/06/2013 01/06/13 Off Market $975,000 -- --
10/19/2012 10/19/12 For Sale $1,195,000 -- $306 / Sq Ft
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
2025 $11,350 $1,545,700 $390,000 $1,155,700
2024 $11,350 $1,545,700 $390,000 $1,155,700
2023 $10,227 $1,325,200 $357,500 $967,700
2022 $9,776 $1,325,200 $357,500 $967,700
2021 $9,373 $1,158,000 $325,000 $833,000
2020 $9,373 $1,158,000 $325,000 $833,000
2019 $9,461 $1,116,500 $325,000 $791,500
2018 $9,300 $1,116,500 $325,000 $791,500
2017 $9,081 $1,068,300 $325,000 $743,300
2016 $9,081 $1,068,300 $325,000 $743,300
2015 -- $1,039,100 $325,000 $714,100
2014 -- $1,039,100 $325,000 $714,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004203422

Bright MLS

APN: 68D-1-8