NOT LISTED FOR SALE

702 Madison Rd Williamsburg, VA 23185

York Terrace Neighborhood

Estimated Value: $386,000 - $440,621

3 Beds
2.5 Baths
2,020 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $315,530 $156 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,321/month

70 Days on Market

Highlights

  • A-Frame Home
  • Granite Countertops
  • 2 Car Attached Garage
  • Berkeley Middle School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of February 2021

Great value for new construction in conveniently located area of James City County. Just minutes from shopping and the interstate. Many custom features already included in base price: LVP flooring throughout the first level, all wood cabinets with slow closing feature, granite tops in kitchen and SS appliances, large tile shower in Master with 2 shower heads and much more. Don't pay more for extras at other locations.

Last Agent to Sell the Property

Heath Spencer

Mid Atlantic Residential License #0225054381 Listed on: 09/16/2020

Mid Atlantic Residential

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2020

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 98x133

Home Design

  • Home to be built
  • A-Frame Home
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Electric Fireplace
  • Window Screens
  • Dining Area
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 41-4-06-0-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Zoning: R2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: 2-Story, A-Frame
  • Structure: Frame
  • Price Per Finished Sq Ft: 156.20
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Ice Maker, Microwave, Range, Refrigerator, Smoke Alarm
  • Total Bathrooms: 2.10
  • County Or City: James City Co.
  • Home Warranty: Builder
  • Parcel Number: 41-4-06-0-0004
  • Siding: Stone, Vinyl
  • SP/ Sq Ft: 156.20
  • Wall Type: Drywall
  • Year Built Description: To Be Built
  • Acres: 0.3000
  • Total Sq Ft: 2020
  • Street View Param: 1$37.262262$-76.665415$285.07$13.33$1.00$MpXpCsCrSq5tp0OWZlBxLA
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Number of Rooms: 6
  • Fireplace: Electric
  • Total Fireplaces: 1
  • Flooring: Carpet, Tile, Vinyl
  • Attic: Access Panel
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathroom: 1
  • Interior: 9 Ft + Ceilings, Ceiling Fan, Countertops - Granite/Stone, Dining Area, Dryer Hookup, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Patio, Porch, Screens
  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2
  • Parking: Paved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimensions: 98x133

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 2500.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Feb 16, 2021
Sold by
Thi Investments Inc
Bought by
Vega Joshua A
Seller's Agent
Heath Spencer
Mid Atlantic Residential
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$308,850
Sold Price
$315,530
Premium/Discount to List
$6,680
2.16%
Current Estimated Value
$404,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,984
Avg. Annual Appreciation
5.22%
Original Mortgage
$309,814
Outstanding Balance
$277,095
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$128,060
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
Vega Joshua A $310,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Joshua A $309,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $315,530 +2.2% $156 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $308,850 -- $153 / 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 $2,712 $385,200 $53,400 $331,800
2023 $2,712 $326,700 $44,100 $282,600
2022 $2,712 $326,700 $44,100 $282,600
2021 $2,473 $294,400 $43,200 $251,200
2020 $1,066 $43,200 $43,200 $0
2019 $363 $43,200 $43,200 $0
2018 $181 $43,200 $43,200 $0
2017 $1,137 $135,400 $43,200 $92,200
2016 $1,137 $135,400 $43,200 $92,200
2015 -- $135,400 $43,200 $92,200
2014 -- $135,400 $43,200 $92,200
Source: Public Records

Agents Affiliated with this Home

  • Heath Spencer

    Seller's Agent in 2021

    Heath Spencer

    Mid Atlantic Residential

    (757) 880-0627

    7 in this area

    146 Total Sales

    Heath Spencer
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    VA_WMLS

See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2004002

Williamsburg Multiple Listing Service

APN: 41-4 06-0-0004

Virginia James City County Williamsburg 23185 York Terrace

702 Madison Rd, Williamsburg, VA

Not Listed for Sale

Detached

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