NOT LISTED FOR SALE

589 Nugent Ln Weems, VA 22576

Estimated Value: $1,108,062 - $1,332,000

4 Beds
5 Baths
5,736 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $830,000 $145 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,116/month

162 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Waterfront
  • Boat Ramp
  • Custom Home
  • Deck

About This Home

As of November 2020

Waterfront home, minutes from Kilmarnock, privately secluded on 7.76 acres with a total of 6,269 Sq. Ft, including the finished basement. The home offers 4 bedrooms and 5 full baths and additional space for bedrooms, study or storage .The second floor consists of a master suite with full bath (heated marble floors, marble shower and tub surround). The main floor features spectacular waterfront views overlooking a private cove and the Corrotoman River. The centrally located large open kitchen is equipped with stainless steel appliances (double wall oven, dishwasher and a gas stove). The finished walkout basement is bright and open. It includes a living area, full bath,
additional rooms that could be used for storage or bedrooms. Entering the home, you will notice the updates and the attention to detail throughout. The grounds are beautifully landscaped with a partially paved driveway. There is a large deck on the waterfront side and a covered porch on the entrance side. A new dock with boat lift, provide convenient access to the Corrotoman River and just a short boat ride to the Chesapeake Bay.

Last Listed By

Hunter Law

IsaBell K. Horsley Real Estate License #0225199071 Listed on: 04/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1990

Lot Details

  • 7.77 Acre Lot
  • Waterfront
  • Zoning described as R1

Home Design

  • Custom Home
  • Frame Construction
  • Composition Roof
  • Clapboard

Interior Spaces

  • 5,736 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Docks
  • Deck
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-51A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,752

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Property Attached Yn: No
  • Lot Size Acres: 7.767
  • Water Body Name: Corrotoman Rive
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Custom
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 533.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Full, Interior Entry, Walk-Out Access
  • Appliances: Double Oven, Dishwasher, Refrigerator, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1598.0
  • Door Features: Sliding Doors
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Walk-In Closet(s)
  • Living Area: 5736.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Clapboard, Frame
  • Exterior Features: Boat Lift, Deck, Dock, Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 22-51A
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3752.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Oct 28, 2020
Sold by
Mayer J Michael J and Mayer Brenda G
Bought by
Reed Julie Lynn and Vargas Vincent J
Seller's Agent
Hunter Law
IsaBell K. Horsley Real Estate
Buyer's Agent
Tom Thomas
Long & Foster REALTORS
List Price
$829,900
Sold Price
$830,000
Premium/Discount to List
$100
0.01%
Total Days on Market
162
Current Estimated Value
$1,206,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,766
Avg. Annual Appreciation
8.96%
Original Mortgage
$664,000
Outstanding Balance
$601,169
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$620,246

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
Reed Julie Lynn $830,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Julie Lynn $664,000
Previous Owner Mayer J Michael $274,000
Previous Owner Mayer J Michael $368,000
Previous Owner Mayer John $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $830,000 0.0% $145 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $829,900 -- $145 / 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 $5,109 $928,900 $142,700 $786,200
2023 $3,752 $595,600 $137,700 $457,900
2022 $3,752 $595,600 $137,700 $457,900
2021 $3,752 $595,600 $137,700 $457,900
2020 $3,752 $595,600 $137,700 $457,900
2019 $3,752 $595,600 $137,700 $457,900
2018 $4,531 $768,000 $336,300 $431,700
2017 $4,531 $768,000 $336,300 $431,700
2016 -- $768,000 $336,300 $431,700
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2012504

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22-51A