NOT LISTED FOR SALE

5501 Thompson Dr Gloucester, VA 23061

Gloucester South Neighborhood

Estimated Value: $353,000 - $376,000

3 Beds
2 Baths
2,000 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $350,000 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,049/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Wooded Lot
  • Granite Countertops
  • Front Porch

About This Home

As of May 2024

Welcome to this charming Cape Cod home with a modern twist! Nestled in a serene neighborhood, this delightful property boasts classic charm! A large, newly added front porch, upgraded hardwood floors, a renovated bathroom downstairs. The kitchen has been updated with a beautiful backsplash, quartz countertops, new cabinets, stainless steel appliances, making it sure to be the heart of the home! Listed as a 3 bedroom but owners currently use an extra room upstairs as a 4th bedroom. Enjoy those outdoor gatherings in a large back yard that offers endless possibilities for recreation and relaxation. The crawlspace is encapsulated providing improved moisture control, energy efficiency, and improved air quality. A detached 2 car oversized garage along with a detached shed offers plenty of room for vehicles, outdoor equipment, tools, and more. Call today for a showing! See attached features sheet

Last Agent to Sell the Property

Tina Lester

Southern Trade Realty, Inc License #0225239559 Listed on: 03/15/2024

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1985

Lot Details

  • 0.9 Acre Lot
  • Back Yard Fenced
  • Wooded Lot
  • Zoning described as SF-1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 038K-1-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 0.9
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cape Cod, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Water Softener
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Dining Area, Granite Counters, Bath in Primary Bedroom, Pantry, Recessed Lighting, Cable TV
  • Living Area: 2000.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Mixed
  • Lot Features: Wooded
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 038K-1-3
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1565.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Bethel
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 12, 2024
Sold by
North Jason W and North Jessica L
Bought by
Giannetto Cameron and Giannetto Maley
Seller's Agent
Tina Lester
Southern Trade Realty, Inc
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$349,950
Sold Price
$350,000
Premium/Discount to List
$50
0.01%
Views
177
Current Estimated Value
$361,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,930
Avg. Annual Appreciation
2.41%
Original Mortgage
$350,000
Outstanding Balance
$344,680
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$17,250

Purchase Details

Closed on
Jan 24, 2008
Sold by
Prudential Relocation Inc
Bought by
North Jason W and Walker Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,800
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Roane Thomas C
Bought by
Rund Shane T and Baranik Rund Michelle L
Source: Public Records

Range of Values:

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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
Giannetto Cameron $350,000 Priority Title
North Jason W $233,500 None Available
Rund Shane T $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannetto Cameron $350,000
Previous Owner North Jason W $221,800
Closed Rund Shane T $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $350,000 0.0% $175 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $349,950 -- $175 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $1,565 $268,370 $47,310 $221,060
2023 $1,565 $268,370 $47,310 $221,060
2022 $1,644 $226,730 $49,450 $177,280
2021 $1,576 $226,730 $49,450 $177,280
2020 $1,576 $226,730 $49,450 $177,280
2019 $1,567 $225,480 $49,570 $175,910
2017 $1,643 $236,370 $49,570 $186,800
2016 $1,589 $228,570 $49,570 $179,000
2015 $1,554 $222,800 $38,000 $184,800
2014 $1,448 $222,800 $38,000 $184,800
Source: Public Records

Agents Affiliated with this Home

  • Tina Lester

    Seller's Agent in 2024

    Tina Lester

    Southern Trade Realty, Inc

    (804) 695-7499

    15 in this area

    82 Total Sales

    Tina Lester
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non MLS Member

See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2406320

Chesapeake Bay & Rivers Association of REALTORS®

APN: 29836

Virginia Gloucester County Gloucester 23061 Gloucester South

5501 Thompson Dr, Gloucester, VA

This home is located at 5501 Thompson Dr, Gloucester, VA 23061 since 15 March 2024 and is currently estimated at $361,930, approximately $180 per square foot. This property was built in 1985. 5501 Thompson Dr is a home located in Gloucester County with nearby schools including Bethel Elementary School, Peasley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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