Seller's Agent in 2024
William Reid
RE/MAX
(757) 450-5281
2 in this area
21 Total Sales
701 Wolfsnare Creek Virginia Beach, VA 23454
Great Neck Neighborhood
3
Beds
2
Baths
3,000
Sq Ft
1.2
Acres
Highlights
- Access to Tidal Water
- River View
- 1.2 Acre Lot
- Trantwood Elementary School Rated A-
- Waterfront
- Deck
About This Home
As of November 2024Like living on an island, welcome to 701 Wolfsnare Cres. This 3-BR, 2-BA home is on a 1.2-acre peninsula surrounded by unobstructed water views. When you arrive at 701 Wolfsnare, you will first notice the mature palm trees and flowering shrubs. As you move inside, take note of the large foyer and formal living room. Moving past the foyer, you will enjoy water views from the large, updated kitchen and breakfast area equipped with granite counters, newer cabinets, wet bar and wine cooler. The expansive den and dining area offer more water views and a wood stove. The 2-car garage level of this home contains a multi-purpose room suitable for an office and a large workshop. The primary ensuite bedroom has access to a wrap-around deck, a screened-in sitting area, and a large walk-in closet. Other features include gas heat with 16+ seer AC, a standby gas generator less than three years old, a newer roof, updated bathrooms, and fresh paint.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,511
Year Built
- Built in 1967
Lot Details
- 1.2 Acre Lot
- Waterfront
- Cul-De-Sac
- Wooded Lot
- Property is zoned R20
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 3,000 Sq Ft Home
- 1-Story Property
- Bar
- Ceiling Fan
- 1 Fireplace
- Wood Burning Stove
- Window Treatments
- Entrance Foyer
- Home Office
- Recreation Room
- Workshop
- Screened Porch
- Utility Closet
- River Views
- Crawl Space
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Oversized Parking
- Garage Door Opener
- Driveway
- On-Street Parking
Accessible Home Design
- Grab Bars
- Handicap Accessible
- Accessible Ramps
- Standby Generator
Outdoor Features
- Access to Tidal Water
- Deep Water Access
- Deck
Schools
- Trantwood Elementary School
- Great Neck Middle School
- Frank W. Cox High School
Utilities
- Central Air
- SEER Rated 16+ Air Conditioning Units
- Heating System Uses Natural Gas
- 220 Volts
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Wolfsnare Plantation Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Nov 20, 2024
Sold by
Hughes Louis C and Davis Delores Anne
Bought by
Maliniak Vanna and Maliniak Phillip
Seller's Agent
William Reid
RE/MAX Allegiance
Buyer's Agent
April Partida
RE/MAX Alliance
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Views
262
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,553
Avg. Annual Appreciation
-1.73%
Original Mortgage
$800,000
Outstanding Balance
$796,981
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$188,611
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,000,000 | Fidelity National Title | |
| Bargain Sale Deed | $1,000,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Closed | $800,000 | New Conventional | |
| Previous Owner | $865,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $1,000,000 | -2.4% | $333 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | Price Changed | $1,025,000 | -2.3% | $342 / Sq Ft |
| 09/30/2024 09/30/24 | For Sale | $1,049,000 | -- | $350 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
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 | $6,891 | $710,400 | $438,000 | $272,400 |
| 2023 | $6,511 | $657,700 | $398,000 | $259,700 |
| 2022 | $5,595 | $565,100 | $308,000 | $257,100 |
| 2021 | $5,229 | $528,200 | $288,000 | $240,200 |
| 2020 | $5,388 | $529,500 | $288,000 | $241,500 |
| 2019 | $5,357 | $543,900 | $287,500 | $256,400 |
| 2018 | $5,453 | $543,900 | $287,500 | $256,400 |
| 2017 | $5,453 | $543,900 | $287,500 | $256,400 |
| 2016 | $5,385 | $543,900 | $287,500 | $256,400 |
| 2015 | $5,199 | $524,900 | $287,500 | $237,400 |
| 2014 | $4,230 | $498,300 | $283,100 | $215,200 |
Source: Public Records
Agents Affiliated with this Home
-
William Reid
-
April Partida
Buyer's Agent in 2024
April Partida
RE/MAX
(757) 375-1777
1 in this area
92 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10553163
APN: 1498-70-7200
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