NOT LISTED FOR SALE

5708 Crescent Point Dr Orange, VA 22960

Margo Neighborhood

Estimated Value: $1,346,000 - $1,414,646

7 Beds
4.5 Baths
6,128 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $1,300,000 $212 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,944/month

112 Days on Market

Highlights

  • Boathouse
  • Boat Dock
  • Boat Lift
  • Beach Front
  • Boat Ramp
  • Active Adult

About This Home

As of September 2024

Nestled along the serene shores of Lake Anna, Virginia this exquisite waterfront retreat offers unparalleled tranquility & captivating views. The possibilities are limitless at this turn-key waterfront, featuring 7 BDRMS & 4.5 BTHS. With over 6,100 finished sqft spread over 3 levels, this exquisitely-maintained home offers ample space for entertaining, relaxing & enjoying stunning water views. Completely furnished & offers high speed fiber internet. This retreat operates as a successful short term rental & already has a rental history! Whether you're looking for the perfect weekend escape, a relaxing primary residence, or a powerful investment property capable of generating incredible passive income, this property will meet everyone's needs. Step inside to discover a spacious open layout featuring many upgrades. The heart of the home lies in the expansive living areas, where panoramic windows frame stunning vistas of the lake. The family room w/vaulted ceilings, hardwood flooring, gas fireplace w/built in shelving is open to the breakfast room & spacious kitchen with a center island. Separate living room & dining room. 1st level primary BDRM has a custom walk-in closet, access to the deck & en suite bath. There are 2 additional main level BDRMS & a full BTH. Upstairs has 2 BDRMS, a sitting area & full bath. Fully finished walkout basement with a family room, rec room, bar, 2 BDRMS & a full BTH. Outside, the allure of lakefront living awaits. Step onto the spacious deck that was recently expanded to support the new hot tub where you'll soak in the serenity of the surroundings or descend to the boathouse for endless adventures on the water. The boathouse has 2 boat slips each with an electric lift, a storage room & partially covered sun deck. You also get your own private sandy beach here & all is located in a No Wake Cove! Don't miss your chance to make cherished memories at this extraordinary Lake Anna retreat. This home also has a new 6 BDRM septic system just installed & rental history is in MLS documents.

Last Agent to Sell the Property

Grayson Hoffman

Lake Anna Island Realty License #0225236765 Listed on: 04/22/2024

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,990

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • Beach Front
  • Lake Front
  • Cul-De-Sac
  • Zoning described as RR

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,128 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Water Views

Kitchen

  • Built-In Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Walking Distance to Water
  • Boat Lift
  • Boat Ramp
  • Boathouse
  • Docks
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Livingston Elementary School
  • Post Oak Middle School
  • Spotsylvania High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Propane Water Heater
  • Engineered Septic

Listing and Financial Details

  • Exclusions: The Pontoon boat, 2 jet skis, golf cart, power and lawn tools and 2 black refrigerators in the owners side of garage
  • Tax Lot 22
  • Assessor Parcel Number 66-2-22-

Community Details

Overview

  • Active Adult
  • Community Lake
  • Pond in Community

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,990

Year Built

Built in 2000

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Water Body Name: Lake Anna
  • Exclusions: The Pontoon boat, 2 jet skis, golf cart, power and lawn tools and 2 black refrigerators in the owners side of garage
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3744.0
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 274.0
  • Special Features: None

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Full, Walk-Out Access
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Propane Water Heater, Refrigerator, Stove, Wine Cooler, Washer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 2384.0
  • Door Features: Insulated Doors, Sliding Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Dining Area, Double Vanity, Fireplace, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 6128.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Beach Front, Waterfront, Cul-De-Sac
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Walk to Water, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Concrete, Vinyl Siding
  • Exterior Features: Boat Lift, Deck, Dock, Lighting, Porch, Paved Driveway
  • Other Structures: Boat House
  • Patio And Porch Features: Patio, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Finished Garage, Garage, Garage Door Opener, Paved, Garage Faces Rear

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Sewer: Engineered Septic
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Common Grounds/Area, Dock, Home Owners Association, Lake, Park, Pond
  • Senior Community: Yes
  • Association Fee: 385.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Water Access

Schools

  • Middle Or Junior School: Post Oak

Lot Info

  • Parcel Number: 66-2-22-
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7990.18
  • Tax Lot: 22

MLS Schools

  • Elementary School: Livingston
  • High School: Spotsylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Sep 9, 2024
Sold by
Rader Jerry C and Rader Michelle M
Bought by
Pham Hanselha Ngoc Turn and Nguyen Thu Anh
Seller's Agent
Grayson Hoffman
Lake Anna Island Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$1,449,000
Sold Price
$1,300,000
Premium/Discount to List
-$149,000
-10.28%
Views
324
Current Estimated Value
$1,381,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,412
Avg. Annual Appreciation
4.53%
Original Mortgage
$1,169,870
Outstanding Balance
$1,157,354
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$224,058

Purchase Details

Closed on
Dec 1, 2022
Sold by
Zapf-Wotring Bonnie L
Bought by
Rader Jerry C and Rader Michelle M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pham Hanselha Ngoc Turn $1,300,000 Fidelity National Title
Rader Jerry C $1,200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Hanselha Ngoc Turn $1,169,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $1,300,000 -7.1% $212 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $1,399,000 -3.5% $228 / Sq Ft
04/22/2024 04/22/24 For Sale $1,449,000 -- $236 / 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 $8,868 $1,207,700 $225,000 $982,700
2024 $8,868 $1,207,700 $225,000 $982,700
2023 $7,990 $1,035,400 $206,300 $829,100
2022 $7,638 $1,035,400 $206,300 $829,100
2021 $7,266 $897,700 $187,500 $710,200
2020 $7,266 $897,700 $187,500 $710,200
2019 $7,273 $858,300 $187,500 $670,800
2018 $7,150 $858,300 $187,500 $670,800
2017 $6,266 $737,200 $187,500 $549,700
2016 $6,266 $737,200 $187,500 $549,700
2015 -- $721,600 $187,500 $534,100
2014 -- $721,600 $187,500 $534,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Grayson Hoffman

    Lake Anna Island Realty

    Section Image

  • N

    Buyer's Agent in 2024

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2409562

Central Virginia Regional MLS

APN: 66-2-22

Virginia Spotsylvania County Orange 22960 Margo

5708 Crescent Point Dr, Orange, VA

Not Listed for Sale

Detached

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Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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