NOT LISTED FOR SALE

703 Graves Ordinary Williamsburg, VA 23185

Kingsmill Neighborhood

Estimated Value: $428,000 - $481,000

3 Beds
3 Baths
1,752 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $345,000 $197 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,714/month

5 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Gated Community
  • Berkeley Middle School Rated A-
  • Golf Course Community
  • Waterfront

About This Home

As of November 2016

Incredible Investment Opportunity!!! Beautiful sunsets and evenings watching the boats come in await the buyer of this 3BR, 3BTH resort condo which comes fully furnished and newly renovated and already in the Kingsmill Resort Rental Program. Great second home or investment property. Enjoy all the amenities Kingsmill has to offer including golf, pools, restaurants, walking trails, parks and more!

Last Agent to Sell the Property

Lisa Gero

The Steele Group Sotheby's Int License #0225179773 Listed on: 10/12/2016

The Steele Group Sotheby's Int

Last Buyer's Agent

Michael Stevens

The Steele Group Sotheby's Int License #0225105400

The Steele Group Sotheby's Int

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1990

Lot Details

  • Waterfront

HOA Fees

  • $171 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Fire Rated Drywall
  • Metal Roof
  • Cedar Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Attic Access Panel
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Visitor Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • James River Elementary School
  • Berkeley Middle School
  • Jamestown High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50-4-18-7-0703

Community Details

Overview

  • $370 Additional Association Fee
  • Association fees include comm area maintenance, exterior maintenance, management fees, pool, recreational facilities, trash removal, yard maintenance

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1990

Lot Details

0 Sq Ft Lot

HOA Fees

$171 per month

Listing Details

  • Restrictions: Assoc Restrictions, Deed Restrictions, Subdiv Restrictions
  • Zoning: R4
  • Property Type: Residential
  • Property Sub Type: Attached
  • Style: Contemporary/Modern
  • Structure: Frame
  • Price Per Finished Sq Ft: 196.92
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Fire Sprinkler System, Microwave, Refrigerator, Smoke Alarm, Stack Washer/Dryer
  • Total Bathrooms: 3.00
  • County Or City: James City Co.
  • Lot: 703
  • Neighborhood Name: Graves Ordinary
  • Parcel Number: 50-4-18-7-0703
  • Siding: Cedar
  • SP/ Sq Ft: 196.92
  • Wall Type: Drywall
  • Year Built Description: Actual
  • Property Subtype2: Attached
  • Total Sq Ft: 1752
  • Year Built: 1990
  • Special Features: None
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Number of Rooms: 6
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Flooring: Carpet, Tile
  • Attic: Access Panel
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Level 1 Full Bathrooms: 3
  • Interior: Other, Ceiling Fan, Countertops - Granite/Stone, Dining Area, Pantry, Stack Wshr/Dryer Hookup, Walk-In Closet, Window Treatment
  • Number Of Levels: 1.00
  • Post Office: Williamsburg

Exterior Features

  • Exterior: Deck, Sliding Doors, Balcony
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Parking: Off Street, Visitor

Utilities

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

Condo/Co-op/Association

  • Additional Fee: 370.00
  • Additional Fee Description: .5% of contract sales price, to KCSA at closing
  • Amenities: Other, Boat Ramp, Clubhouse, Gated Community, Golf Course, Marina, Pool, Professional Mgmt, Road Maintenance, RV/Boat Storage, Security Guard
  • Fee: 171.00
  • Fee Description: Community Association, Condo Association
  • Fee Includes: Comm Area Maintenance, Exterior Maintenance, Management Fees, Pool, Recreational Facilities, Trash Removal, Yard Maintenance
  • Fee Period: Monthly

Schools

  • Elementary School: James River
  • High School: Jamestown
  • Middle School: Berkeley

Tax Info

  • Annual Taxes: 2540.00
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Oct 27, 2016
Sold by
Leung Erlinda M
Bought by
Potthast John C and Potthast Brooke Smith
Seller's Agent
Lisa Gero
The Steele Group Sotheby's Int
Buyer's Agent
Michael Stevens
The Steele Group Sotheby's Int
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$454,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,504
Avg. Annual Appreciation
3.02%
Original Mortgage
$27,600
Outstanding Balance
$22,098
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving
Estimated Equity
$432,406
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
Potthast John C $345,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potthast John C $27,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2016 11/17/16 Sold $345,000 -1.4% $197 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $350,000 -- $200 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,451 $320,800 $99,700 $221,100
2023 $2,451 $295,300 $99,700 $195,600
2022 $2,451 $295,300 $99,700 $195,600
2021 $2,648 $315,200 $110,800 $204,400
2020 $2,648 $315,200 $110,800 $204,400
2019 $2,648 $315,200 $110,800 $204,400
2018 $2,648 $315,200 $110,800 $204,400
2017 $2,540 $302,400 $110,800 $191,600
2016 $2,540 $302,400 $110,800 $191,600
2015 -- $344,800 $110,800 $234,000
2014 -- $344,800 $110,800 $234,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Gero

    The Steele Group Sotheby's Int

    Section Image
  • Michael Stevens

    Buyer's Agent in 2016

    Michael Stevens

    The Steele Group Sotheby's Int

    (757) 812-4794

    30 in this area

    89 Total Sales

    Michael Stevens
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1634383

Williamsburg Multiple Listing Service

APN: 50-4 18-7-0703

Virginia James City County Williamsburg 23185 Kingsmill

703 Graves Ordinary, Williamsburg, VA

Not Listed for Sale

MultiFamily

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