NOT LISTED FOR SALE

589 Nugent Ln Weems, VA 22576

Estimated Value: $1,142,276 - $1,368,000

4 Beds
5 Baths
5,736 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 07, 2020

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

Est. 48% increase in value since last sale

Current estimated payment $6,868/month

163 Days on Market

Highlights

  • Pier or Dock
  • Living Room with Fireplace
  • No HOA
  • Deck
  • Wood Flooring
  • Walk-In Closet

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 Agent to Sell the Property

Hunter Law

Isabell K. Horsley R. E., Ltd. License #0225199071 Listed on: 04/27/2020

Last Buyer's Agent

Tom Thomas

Bay Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1990

Lot Details

  • 7.76 Acre Lot
  • Zoning described as R 1

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 5,736 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-51A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 7.76
  • Water Body Name: Corrotoman River
  • Subdivision Name: None
  • Directions: Follow Rt 3 towards White Stone, turn left onto RT 200. Turn right onto Yorkshire St, then a right onto Nugent Ln. The property will be on the left with a sign.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Wall Oven
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1598
  • Fireplace Features: Two Fireplaces, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Wall to Wall Carpet, Tile
  • Interior Amenities: Fireplace, Dining Room, Walk-In Closet(s)
  • Living Area: 5736
  • Dining Room Features: Dining Area

Exterior Features

  • Lot Features: 5-9.9 acres
  • Waterfront Features: Pier/Dock
  • Construction Type: Brick
  • Exterior Features: Other
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 338025.6
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: LR06/2969
  • Tax Map Number: 22-51A

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 R. E., Ltd.
Buyer's Agent
Tom Thomas
Bay Properties
List Price
$830,000
Sold Price
$830,000
Current Estimated Value
$1,224,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,569
Avg. Annual Appreciation
8.07%
Original Mortgage
$664,000
Outstanding Balance
$591,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$632,643
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
Reed Julie Lynn $830,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Julie Lynn $664,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2020 11/07/20 Sold $830,000 0.0% $145 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $830,000 -- $145 / Sq Ft
Source: Northern Neck 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

  • H

    Seller's Agent in 2020

    Hunter Law

    Isabell K. Horsley R. E., Ltd.

    44 Total Sales

    Hunter Law
    Section Image
  • Tom Thomas

    Buyer's Agent in 2020

    Tom Thomas

    Bay Properties

    (540) 270-6528

    38 Total Sales

    Tom Thomas
    Section Image
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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 107136

APN: 22-51A

Virginia Lancaster County Weems 22576

589 Nugent Ln, Weems, VA

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