NOT LISTED FOR SALE

702 Promenade Ln Williamsburg, VA 23185

Druid Hills Neighborhood

Estimated Value: $282,000 - $320,000

1 Bed
2 Baths
1,206 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $187,125 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,855/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Transitional Architecture
  • Berkeley Middle School Rated A-
  • Clubhouse
  • Front Porch

About This Home

As of September 2018

WILLIAMSBURGS NEWEST CONDOMINIUM COMMUNITY. THE BEL-AIR MODEL - 1 LIVING LEVEL FEATURING 1 BEDROOM, 2 FULL BATHROOMS, LIVING ROOM, DINING ROOM, LAUNDRY CLOSET & U-SHAPED STEP SAVING KITCHEN. A BROOM FINISHED CONCRETE PATIO IS ENCLOSED BY A 48' HIGH VINYL FENCE. AN EXTERIOR SHED IS ADJACENT TO THE PATIO. THIS HOME REQUIRES A LONG VENT DRYER. ALONG WITH AMENITIES INCLUDING POOL, BARK PARK WITH WASHING STATION, CLUBHOUSE WITH DEMONSTRATION KITCHEN, WORK OUT ROOM, GARDEN GRID & PARK. LOCATED JUST OFF OF 199 MINUTES FROM COLONIAL WILLIAMSBURG, THE COLLEGE OF W&M, ACCESS TO I-64, BUSCH GARDENS & SO MUCH MORE. HOMES DELIVERED AS EARLY AS OCTOBER 2017.

Last Agent to Sell the Property

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 04/30/2018

RE/MAX Capital

Last Buyer's Agent

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 04/30/2018

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 1,350

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Home to be built
  • Transitional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • No Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Schools

  • Clara Byrd Baker Elementary School
  • Berkeley Middle School
  • Lafayette High School

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Hot Water Circulator
  • Electric Water Heater

Community Details

Overview

  • $444 Additional Association Fee
  • Association fees include clubhouse, comm area maintenance, exterior maintenance, pool, recreational facilities, trash removal, yard maintenance, landscaping
  • Association Phone (757) 345-6400
  • Property managed by ASSOCIO COMMUNITY GROUP

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 155.16
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Microwave, Smoke Alarm, Stove, Stove Hood, Wall Oven, Range
  • Total Bathrooms: 2.00
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Brick, Vinyl
  • SP/ Sq Ft: 155.16
  • Wall Type: Drywall
  • Year Built Description: To Be Built
  • Property Subtype2: Attached
  • Total Sq Ft: 1206
  • Street View Param: 1$37.246164$-121.76649800000001$249.58$13.33$1.00$BPlfV-rFf0nyO51Nwac29Q
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Number of Rooms: 4
  • Basement Type: Slab
  • Flooring: Carpet, Vinyl
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Level 1 Full Bathrooms: 2
  • Interior: 9 Ft + Ceilings, Other, Dining Area, Dryer Hookup, Eat-In-Kitchen, Pantry, Recessed Lighting, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 1.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Insulated Doors, Sliding Doors, Front Porch, Patio
  • Pool Description: In Ground, Outdoor
  • Roof: Asphalt Shingle, Wood Shingle

Garage/Parking

  • Parking: Off Street, Paved Driveway

Utilities

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

Condo/Co-op/Association

  • Additional Fee: 444.00
  • Additional Fee Description: CAPITOL CONTRIBUTION 3 MONTHS OF HOA FEES
  • Amenities: Clubhouse, Common Area, Other, Exercise Room, Maintenance Free, Pool, Professional Mgmt
  • Fee: 148.00
  • Fee Description: Condo Association
  • Fee Includes: Clubhouse, Comm Area Maintenance, Exterior Maintenance, Pool, Recreational Facilities, Trash Removal, Yard Maintenance, Landscaping
  • Fee Period: Monthly

Schools

  • Elementary School: Clara Byrd Baker
  • High School: Lafayette
  • Middle School: Berkeley

Multi Family

  • Management Firm: ASSOCIO COMMUNITY GROUP
  • Management Phone: 757-345-6400

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Sep 14, 2018
Sold by
Franciscus At Promenade Llc
Bought by
Cawley Catherine R
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Shelly Taylor
RE/MAX Capital
List Price
$184,990
Sold Price
$187,125
Premium/Discount to List
$2,135
1.15%
Current Estimated Value
$294,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,368
Avg. Annual Appreciation
6.60%
Original Mortgage
$177,125
Outstanding Balance
$153,826
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$144,819
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cawley Catherine R $187,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cawley Catherine R $177,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $187,125 +1.2% $155 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $184,990 -- $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 $1,999 $240,800 $62,400 $178,400
2024 $1,878 $240,800 $62,400 $178,400
2023 $1,878 $207,700 $60,000 $147,700
2022 $1,724 $207,700 $60,000 $147,700
2021 $1,583 $188,400 $50,000 $138,400
2020 $1,583 $188,400 $50,000 $138,400
2019 $1,482 $176,400 $50,000 $126,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shelly Taylor

    RE/MAX

    (757) 871-5768

    31 in this area

    241 Total Sales

    Shelly Taylor
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1815232

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0702

Virginia James City County Williamsburg 23185 Druid Hills

702 Promenade Ln, Williamsburg, VA

Not Listed for Sale

MultiFamily

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