NOT LISTED FOR SALE

602 Cornwallis Ave Locust Grove, VA 22508

Estimated Value: $889,047

0.62 Acre
$1,433,947 Price per Acre
26,800 Sq Ft Lot

Sale Details

Date Sold: September 18, 2014

Last sale price $300,000

Est. 196% increase in value since last sale

Current estimated payment $5,392 / mo

145 Days on Market

Highlights

  • 315 Feet of Waterfront
  • Beach
  • Bar or Lounge
  • Boat Ramp
  • Community Stables
  • Fitness Center

About This Lot

As of September 2014

Spectacular, expansive main lake views convey with this .6+ acre level lot offering 315 feet of water frontage w/ new bulkhead! Imagine your lifestyle in your dream home built in amenity-rich Lake of the Woods, VA: drive your boat to the clubhouse for a dinner on the deck overlooking the lake, swim or float from your property, take a trail ride from the equestrian center or play a round of golf!

Last Agent to Sell the Property

Patricia Licata

(540) 388-2541 pat@licatagroup.com EXP Realty, LLC License #0225197494 Listed on: 02/23/2014

EXP Realty, LLC

Last Buyer's Agent

Patricia Licata

(540) 388-2541 pat@licatagroup.com EXP Realty, LLC License #0225197494 Listed on: 02/23/2014

EXP Realty, LLC
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,981

Lot Details

  • 26,800 Sq Ft Lot
  • 315 Feet of Waterfront
  • Home fronts navigable water
  • Premium Lot
  • The property's topography is level
  • Partially Wooded Lot
  • Cost To Obtain Building Permits
  • Property is zoned R3

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 000002845

Community Details

Overview

  • Association fees include management, insurance, pier/dock maintenance, pool(s), reserve funds, road maintenance, snow removal, security gate
  • Lake Of The Woods Subdivision
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Pier or Dock
  • Beach
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Community Stables
  • Horse Trails
  • Jogging Path
  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 3 Powered Boats Permitted
  • 3 Non-Powered Boats Permitted
  • Lake Privileges

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,981

Lot Details

0.62 Acres

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 12.87

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS MAIN LAKE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 315

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1297.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Community Center, Dining Rooms, Exercise Room, Gated Community, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Lake, Meeting Room, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Pier/Dock Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Covenants, Restrictions
  • HOA: Yes

Lot Info

  • Lot Features: Premium, Partly Wooded
  • Lot Size Acres: 0.62
  • Lot Size Area: 26800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26800.00
  • Topography: Level
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1980.72
  • Assessor Parcel Number: 000002845
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2014
Closed on
Sep 16, 2014
Sold by
Bought by
Seller's Agent
Patricia Licata
EXP Realty, LLC
Buyer's Agent
Patricia Licata
EXP Realty, LLC
List Price
$344,900
Sold Price
$300,000
Premium/Discount to List
-$44,900
-13.02%
Current Estimated Value
$889,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,047
Avg. Annual Appreciation
9.58%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Closed $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2014 09/18/14 Sold $300,000 -13.0% --
07/18/2014 07/18/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $344,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,775 $612,600 $310,000 $302,600
2024 $4,775 $612,600 $310,000 $302,600
2023 $4,775 $612,600 $310,000 $302,600
2022 $4,775 $612,600 $310,000 $302,600
2021 $4,584 $636,600 $310,000 $326,600
2020 $4,584 $636,600 $310,000 $326,600
2019 $4,770 $593,300 $310,000 $283,300
2018 $4,770 $593,300 $310,000 $283,300
2017 $4,770 $593,300 $310,000 $283,300
2016 $4,141 $589,600 $310,000 $279,600
2015 -- $277,500 $275,000 $2,500
2014 -- $275,100 $275,000 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002848808

Bright MLS

APN: 012-A0-00-08-0014-0

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