NOT LISTED FOR SALE

Estimated Value: $950,000 - $1,322,680

4 Beds
2 Baths
2,292 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $1,125,000 $491 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,150/month

6 Days on Market

Highlights

  • Ocean Front
  • Docks
  • Stables
  • Abingdon Elementary School Rated 9+
  • Barn
  • Home fronts a creek

About This Home

As of March 2023

Welcome to Magnolia Farm, circa 1899. Darling, Historic Farmhouse situated on nearly 6 acres of gorgeous, Gloucester deep-water frontage. Fully modernized with updates throughout. Gracious living room and kitchen with amazing water views on all sides. Amazing features include: Plantation shutters throughout, original wide-plank wood flooring and trim work, first floor primary, three additional well-sized rooms upstairs, historic clawfoot tub and so much more! Outside the barn functions as a garage with additional smokehouse and storage buildings, all maintained to match the original farmhouse. Minutes to Mobjack bay by boat, see dolphins from your full country screened porch! Don’t miss the opportunity to own this historic gem!

Last Agent to Sell the Property

Olyvia Salyer

RW Towne Realty License #0225238336 Listed on: 03/01/2023

RW Towne Realty

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1899

Lot Details

  • 5.79 Acre Lot
  • Home fronts a creek
  • Ocean Front
  • Home fronts navigable water
  • Zoning described as C-2

Home Design

  • Farmhouse Style Home
  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • No Garage
  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Docks
  • Shed

Schools

  • Abingdon Elementary School
  • Peasley Middle School
  • Gloucester High School

Farming

  • Barn
  • Smoke House

Horse Facilities and Amenities

  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Well
  • Propane Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank

Community Details

  • Gloucester Point Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 040-167

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,988

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1899
  • Property Attached Yn: No
  • Lot Size Acres: 5.79
  • Water Body Name: Wilson creek
  • Ownership: Individuals
  • Subdivision Name: Gloucester Point Estates
  • Architectural Style: Farmhouse, Two Story, Victorian
  • Garage Yn: No
  • 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: Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Propane Water Heater, Water Softener, Water Purifier, Washer
  • Other Equipment: Generator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), French Door(s)/Atrium Door(s), Kitchen Island, Pantry
  • Living Area: 2292.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: Bayfront, Creek, Navigable Water, Ocean Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Dock, Storage, Shed
  • Other Structures: Smoke House, Storage, Barn(s), Stable(s)
  • Patio And Porch Features: Screened
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Covered, No Garage, Off Street

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 040-167
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Lot: 1

MLS Schools

  • Elementary School: Abingdon
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 17, 2023
Sold by
Bredin-Karny Alice
Bought by
Stinson William L and Stinson Jillian M
Seller's Agent
Olyvia Salyer
RW Towne Realty
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Views
34
Current Estimated Value
$1,095,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,330
Avg. Annual Appreciation
-1.00%

Purchase Details

Closed on
Jul 31, 2020
Sold by
Bredin-Karny Alice
Bought by
Bredin-Karny Alice and Bredin-Karny Alice Revocable

Purchase Details

Closed on
Jul 24, 2019
Sold by
Ball William L and Ball Patricia A
Bought by
Bredin-Karny Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.8%
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
Stinson William L $125,000 Chicago Title
Bredin-Karny Alice -- None Available
Bredin-Karny Alice $660,000 Champion Title & Stlmnts Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bredin-Karny Alice $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $1,125,000 +2.3% $491 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $1,100,000 -- $480 / 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 $4,988 $799,330 $352,850 $446,480
2024 $4,988 $799,330 $352,850 $446,480
2023 $4,740 $799,330 $352,850 $446,480
2022 $4,166 $566,790 $266,550 $300,240
2021 $3,996 $566,790 $266,550 $300,240
2020 $3,996 $566,790 $266,550 $300,240
2019 $3,872 $549,200 $296,170 $253,030
2017 $3,872 $549,200 $296,170 $253,030
2016 $3,760 $533,290 $289,670 $243,620
2015 $3,680 $605,300 $398,000 $207,300
2014 $3,995 $605,300 $398,000 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2304532

Central Virginia Regional MLS

APN: 11844