NOT LISTED FOR SALE

601 Cornwallis Ave Locust Grove, VA 22508

Estimated Value: $798,000 - $975,000

4 Beds
3 Baths
1,821 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $485,000 $266 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,011/month

Highlights

  • 44 Feet of Waterfront
  • 1 Dock Slip
  • Golf Course Community
  • Boat Ramp
  • Beach
  • Community Stables

About This Home

As of August 2017

View far exceeds actual lake frontage; Expansive decking; One Level Living with multiple rooms opening onto deck & outdoor living; Impressive Vault Great Room with brick fireplace is the focal attraction. Move-able island now acts as a breakfast bar; Sep Dining/Den; Two master bedrooms-One is the perfect dorm room or kids escape! Workshop Garage attached to breezeway entrance. Mature Landscaping

Last Agent to Sell the Property

Ruthan O'Toole

(540) 972-1234 c21otoole@gmail.com Century 21 Redwood Realty License #0225113147 Listed on: 05/18/2017

Century 21 Redwood Realty

Last Buyer's Agent

Donna Merryman

(540) 522-7754 donna.merryman@aol.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1974

Lot Details

  • 0.31 Acre Lot
  • 44 Feet of Waterfront
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,821 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Family Room
  • Dining Room
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Canoe or Kayak Water Access
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • 1 Powered Boats Permitted
  • 1 Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Schools

  • Locust Grove Elementary And Middle School
  • Orange High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 000003071

Community Details

Overview

  • Association fees include common area maintenance, management, insurance, reserve funds, road maintenance
  • Lake Of The Woods Community
  • Lake Of The Woods Subdivision
  • The community has rules related to alterations or architectural changes, covenants, no recreational vehicles, boats or trailers

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing Allowed
  • Community Stables
  • Jogging Path

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

Built in 1974

Lot Details

0

HOA Fees

$113 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-05-18
  • Year Built: 1974
  • Remarks Public: View far exceeds actual lake frontage; Expansive decking; One Level Living with multiple rooms opening onto deck & outdoor living; Impressive Vault Great Room with brick fireplace is the focal attraction. Move-able island now acts as a breakfast bar; Sep Dining/Den; Two master bedrooms-One is the perfect dorm room or kids escape! Workshop Garage attached to breezeway entrance. Mature Landscaping
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Icemaker
  • Interior Amenities: Dining Area, Breakfast Area, Window Treatments, Floor Plan - Open
  • Window Features: Double Pane, Screens, Skylights
  • Fireplace Features: Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Foyer
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1821
  • Living Area Sq Ft: 1821
  • Price Per Sq Ft: 269.03
  • Above Grade Finished Sq Ft: 1821
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Dock Type: Single Slip
  • Pool Private: No
  • Road Surface Type: Tar And Chip
  • Roof: Asphalt
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Powered, Limited Hours Of Personal Watercraft Operation (PWC), Swimming Allowed
  • Water Access: No
  • Water Body Name: LAKE OF THE WOODS
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: No
  • Water Frontage In Feet: 44

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1356.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Beach, Boat Ramp, Club House, Common Grounds, Community Center, Fitness Center, Golf Course, Jog/Walk Path, Pool - Outdoor, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Insurance, Reserve Funds, Road Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Fencing, Rv/Boat/Trail, Restrictions, Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • Elementary School: LOCUST GROVE
  • Middle School: LOCUST GROVE
  • High School: ORANGE
  • School District Key: 121141052477
  • Elementary School: LOCUST GROVE
  • High School: ORANGE
  • Middle Or Junior School: LOCUST GROVE

Lot Info

  • Improvement Assessed Value: 170700.00
  • Land Assessed Value: 260000.00
  • Lot Size Acres: 0.31
  • Lot Size Area: 13372
  • Lot Dimensions: LotLength:190 X LotWidth:70 X LotDepth:219
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13372.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3462.83
  • Assessor Parcel Number: 000003071
  • Tax Lot: 241
  • Tax Total Finished Sq Ft: 1821
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/04/2017

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys
  • Mean Low Water Feet: 2
  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 4, 2017
Sold by
Shockey Michele Louise Hoook and Drees Deborah Marie Hook
Bought by
Holman Sarah S
Seller's Agent
Ruthan O'Toole
Century 21 Redwood Realty
Buyer's Agent
Donna Merryman
Samson Properties
List Price
$489,900
Sold Price
$485,000
Premium/Discount to List
-$4,900
-1%
Current Estimated Value
$865,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,502
Avg. Annual Appreciation
7.36%
Original Mortgage
$363,750
Outstanding Balance
$303,521
Interest Rate
3.96%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$561,981
Source: Public Records

Range of Values:

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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
Holman Sarah S $485,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holman Sarah S $363,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $485,000 -1.0% $266 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $489,900 -- $269 / Sq Ft
Source: Bright 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
2024 $3,709 $484,700 $285,000 $199,700
2023 $3,709 $484,700 $285,000 $199,700
2022 $3,709 $484,700 $285,000 $199,700
2021 $3,560 $494,500 $285,000 $209,500
2020 $3,560 $494,500 $285,000 $209,500
2019 $3,463 $433,900 $260,000 $173,900
2018 $3,463 $430,700 $260,000 $170,700
2017 $3,463 $430,700 $260,000 $170,700
2016 $3,463 $430,700 $260,000 $170,700
2015 -- $436,100 $260,000 $176,100
2014 -- $436,100 $260,000 $176,100
Source: Public Records

Agents Affiliated with this Home

  • Ruthan O'Toole

    Seller's Agent in 2017

    Ruthan O'Toole

    Century 21 Redwood Realty

    (540) 972-1234

    91 Total Sales

    Ruthan O'Toole
    Section Image

  • D

    Buyer's Agent in 2017

    Donna Merryman

    Samson Properties

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003762499

Bright MLS

APN: 012-A0-00-08-0241-0

Virginia Orange County Locust Grove 22508

601 Cornwallis Ave, Locust Grove, VA

This home is located at 601 Cornwallis Ave, Locust Grove, VA 22508 since 18 May 2017 and is currently estimated at $865,502, approximately $475 per square foot. This property was built in 1974. 601 Cornwallis Ave is a home located in Orange County with nearby schools including Locust Grove Elementary School, Locust Grove Primary School, and Locust Grove Middle School.

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