NOT LISTED FOR SALE

701 Madison Rd Williamsburg, VA 23185

York Terrace Neighborhood

Estimated Value: $339,000 - $382,000

3 Beds
2 Baths
1,926 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $300,000 $156 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,015/month

78 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Security System
  • Berkeley Middle School Rated A-
  • Front Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Subject to a ratified contract with a Home Sale contingency with a kick-out clause. Owner wishes to continue to show the property and may consider back up/other offers.
Prepare to fall in love with this charming 3BR/ 2 Full Bath home. Plenty of parking for multiple cars, boat or RV. Gather on the inviting covered front porch, entertain in the large open living room addition, BBQ and play cornhole in the large fenced backyard with 2 additional decks. Large corner lot gives more privacy from neighbors. Home includes 2 living rooms and 2 bonus areas and updates include: HVAC, paint, and flooring in addition and bath. Home is centrally located near interstate access, recreational facilities, shopping, military installations, W&M, Colonial Williamsburg etc

Last Agent to Sell the Property

Cristina Garcia

Virginia Capital Realty License #0225098607 Listed on: 05/12/2022

Last Buyer's Agent

Ellen Knecht

Liz Moore & Associates-2 License #0225206652

Liz Moore & Associates-2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • Property is Fully Fenced
  • Privacy Fence

Home Design

  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,926 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Walk-In Attic
  • Home Security System
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Unpaved Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Laurel Lane Elementary School
  • Berkeley Middle School
  • Lafayette High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 41-4-06-0-0028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Zoning: R2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Ranch
  • Structure: Frame
  • Price Per Finished Sq Ft: 155.76
  • Total Bathrooms: 2.00
  • County Or City: James City Co.
  • Parcel Number: 41-4-06-0-0028
  • Siding: Aluminum, Vinyl
  • SP/ Sq Ft: 155.76
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Acres: 0.2690
  • Total Sq Ft: 1926
  • Street View Param: 1$37.261943$-76.665027$174.65$13.33$1.00$MpXpCsCrSq5tp0OWZlBxLA
  • Year Built: 1957
  • Special Features: None
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Number of Rooms: 6
  • Flooring: Carpet, Vinyl, Wood
  • Attic: Walk-In
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Level 1 Full Bathrooms: 2
  • Interior: Ceiling Fan, Countertops - Laminate, Dryer Hookup, Security System, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Williamsburg

Exterior Features

  • Fence: All Fenced, Privacy
  • Exterior: Deck, Front Porch
  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Off Street, Unpaved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Laurel Lane
  • High School: Lafayette
  • Middle School: Berkeley

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 1498.00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 26, 2022
Sold by
Dianne Hargrave Ellen
Bought by
West Charvalla P
Seller's Agent
Cristina Garcia
Virginia Capital Realty
Buyer's Agent
Ellen Knecht
Liz Moore & Associates-2
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Current Estimated Value
$361,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,051
Avg. Annual Appreciation
5.58%
Original Mortgage
$264,410
Outstanding Balance
$252,789
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$108,262
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Charvalla P $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Charvalla P $264,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $300,000 -1.0% $156 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $303,000 -0.6% $157 / Sq Ft
06/21/2022 06/21/22 Price Changed $304,950 -1.6% $158 / Sq Ft
06/13/2022 06/13/22 Price Changed $309,950 -3.1% $161 / Sq Ft
06/02/2022 06/02/22 Price Changed $319,950 -1.5% $166 / Sq Ft
05/27/2022 05/27/22 Price Changed $324,900 -1.5% $169 / Sq Ft
05/12/2022 05/12/22 For Sale $330,000 -- $171 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $1,688 $265,200 $53,400 $211,800
2023 $1,688 $203,400 $44,100 $159,300
2022 $1,688 $203,400 $44,100 $159,300
2021 $1,498 $178,300 $43,200 $135,100
2020 $1,498 $178,300 $43,200 $135,100
2019 $1,498 $178,300 $43,200 $135,100
2018 $1,498 $178,300 $43,200 $135,100
2017 $1,498 $178,300 $43,200 $135,100
2016 $1,498 $178,300 $43,200 $135,100
2015 -- $178,300 $43,200 $135,100
2014 -- $178,300 $43,200 $135,100
Source: Public Records

Agents Affiliated with this Home

  • Cristina Garcia

    Seller's Agent in 2022

    Cristina Garcia

    Virginia Capital Realty

    (757) 773-6626

    2 in this area

    60 Total Sales

    Cristina Garcia
    Section Image

  • E

    Buyer's Agent in 2022

    Ellen Knecht

    Liz Moore & Associates-2

    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2201632

Williamsburg Multiple Listing Service

APN: 41-4 06-0-0028

Virginia James City County Williamsburg 23185 York Terrace

701 Madison Rd, Williamsburg, VA

Not Listed for Sale

Detached

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