NOT LISTED FOR SALE

5403 Ark Rd Gloucester, VA 23061

Estimated Value: $503,000 - $655,997

4 Beds
1 Bath
1,251 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $610,000 $488 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,351/month

13 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • 2 Car Detached Garage
  • Cathedral Ceiling
  • Cottage
  • Shed

About This Home

As of October 2023

Stunning Waterfront Property! Expansive views and ready for all your water toys! Pier with lift, electric and water. Two cottages- both with great views, large screened porches as well as decks. The main house offers high ceilings and open floorplan. Kitchen has plenty of cabinet space, pantry and steps out onto a small deck. The main cottage offers 3 bedrooms, 1 bath, a gas fireplace, stunning large screened porch, outside shower, and expansive views! The smaller cottage has stunning screened porch, large deck, lots of storage below for boats, chairs or small car. This cottage offers full kitchenette, open floorplan, and full tiled bathroom. As an added plus, the seller would like to rent back the smaller cottage for built in instant income. Lots of workshop & storage in detached garage plus under small cottage. Don't let this waterfront paradise get away!

Last Agent to Sell the Property

Leanne Hester

Liz Moore & Associates-1 License #0225209848 Listed on: 09/21/2023

Liz Moore & Associates-1

Last Buyer's Agent

Joanie Gummo

Howard Hanna William E. Wood License #0225129366

Howard Hanna William E. Wood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1870

Lot Details

  • 0.65 Acre Lot
  • Waterfront

Home Design

  • Cottage
  • Metal Roof
  • Clapboard

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Outdoor Features

  • Shed

Schools

  • Bethel Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 029D-1-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,983

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Zoning: SF-1
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Cottage/Bungalow, Ranch
  • Structure: Frame
  • Price Per Finished Sq Ft: 487.61
  • Appliances Equipment: Attic Fan, Dishwasher, Dryer, Gas Cooking, Range, Refrigerator, Washer
  • Total Bathrooms: 1.00
  • Body Of Water: York River
  • Building Structures: Cottage, Shed
  • County Or City: Gloucester
  • Neighborhood Name: Allmonds Point
  • Parcel Number: 029D-1-1
  • Siding: Clapboard
  • SP/ Sq Ft: 487.61
  • Year Built Description: Actual
  • Acres: 0.6500
  • Total Sq Ft: 1251
  • Street View Param: 1$37.3938487519123$-76.65098460317674$197.07$13.33$1.00$MmLQQgyZDJuOeuIUqxYDEg
  • Year Built: 1870
  • Directions: Rt 17 to Ark Road to the end.
  • Special Features: None
  • Stories: 1
  • Year Built: 1870

Interior Features

  • Number of Rooms: 4
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Basement Type: Crawl Space
  • Flooring: Laminate, Tile, Wood
  • Attic: Pull Down
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Level 1 Full Bathrooms: 1
  • Interior: Cathedral Ceiling, Ceiling Fan, Countertops - Laminate, Dryer Hookup, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Gloucester

Exterior Features

  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 2
  • Parking: Unpaved Driveway

Utilities

  • Heating Fuel: Propane Gas
  • Heating: Forced Hot Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Conventional Septic
  • Water: Well

Schools

  • Elementary School: Bethel
  • Middle School: Peasley
  • High School: Gloucester
  • Elementary School: Bethel
  • High School: Gloucester
  • Middle School: Peasley

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 1983.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 25, 2023
Sold by
Owen David
Bought by
Bales James A and Bales Diane S
Seller's Agent
Leanne Hester
Liz Moore & Associates-1
Buyer's Agent
Joanie Gummo
Howard Hanna William E. Wood
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Views
140
Current Estimated Value
$592,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,751
Avg. Annual Appreciation
-1.48%
Source: Public Records

Range of Values:

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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
Bales James A $610,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $610,000 -2.4% $488 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $625,000 -- $500 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,938 $478,570 $235,910 $242,660
2023 $2,564 $439,850 $224,680 $215,170
2022 $1,983 $273,520 $163,790 $109,730
2021 $1,901 $273,520 $163,790 $109,730
2020 $1,901 $273,520 $163,790 $109,730
2019 $2,000 $287,700 $197,250 $90,450
2017 $2,000 $287,700 $197,250 $90,450
2016 $2,574 $370,360 $275,400 $94,960
2015 $2,518 $213,000 $68,000 $145,000
2014 $1,385 $213,000 $68,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2302856

Williamsburg Multiple Listing Service

APN: 27193