NOT LISTED FOR SALE

704 Lake Caroline Dr Ruther Glen, VA 22546

Estimated Value: $271,000 - $297,725

2 Beds
1 Bath
976 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $140,000 $143 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,911/month

Highlights

  • Home fronts navigable water
  • Open Floorplan
  • Deck
  • Water Access
  • Community Lake
  • Rambler Architecture

About This Home

As of July 2018

SPACIOUS 2 BEDROOM, 1 BATH HOME SITUATED ON A CORNER LOT! HOME FEATURES AN OPEN CONCEPT LIVING/DINING/KITCHEN, BREAKFAST BAR, SS APPLIANCES, FIREPLACE, COVERED FRONT PORCH, REAR DECK & FENCED IN BACKYARD. LOCATED IN LAKE CAROLINE, A GATED COMMUNITY WITH AMENITIES SUCH AS A POOL, BEACH, TOT LOT, AND CLUBHOUSE. CONVENIENTLY LOCATED CLOSE TO SCHOOLS, SHOPPING, RESTAURANTS, AND INTERSTATE I-95

Last Agent to Sell the Property

Lori Petrovitch

(540) 273-3717 lorilpetrovitch@msn.com RE/MAX FINEST Listed on: 05/14/2018

RE/MAX FINEST

Last Buyer's Agent

Pam Lawrence

(804) 774-5683 PamL@HometownRealtyServices.com Hometown Realty Services, Inc. License #0225085398

Hometown Realty Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1999

Lot Details

  • Home fronts navigable water
  • Back Yard Fenced
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 976 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property is near a lake
  • 6 Powered Boats Permitted
  • 6 Non-Powered Boats Permitted
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 346
  • Assessor Parcel Number 67A2-1-346

Community Details

Overview

  • Association fees include road maintenance, management, insurance, pool(s), security gate
  • Lake Caroline Community
  • Lake Caroline Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1999

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living, Breakfast Area, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 976
  • Living Area Sq Ft: 976
  • Price Per Sq Ft: 143.44
  • Above Grade Finished Sq Ft: 976
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Name: LAKE CAROLINE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1386.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Lake, Picnic Area, Pool - Outdoor, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Management, Insurance, Pool(s), Security Gate
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Rear
  • Lot Features: Corner
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R1

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16815785
  • Tax Annual Amount: 985.21
  • Assessor Parcel Number: 67A2-1-346
  • Tax Lot: 346
  • Tax Page Number: 70
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 2, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Dadd Gregory
Seller's Agent
Lori Petrovitch
RE/MAX FINEST
Buyer's Agent
Pam Lawrence
Hometown Realty Services, Inc.
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$287,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,431
Avg. Annual Appreciation
10.33%
Original Mortgage
$137,464
Outstanding Balance
$119,855
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$167,576

Purchase Details

Closed on
Feb 27, 2018
Sold by
Vargas Carlos M
Bought by
Pennymac Loan Services Llc and Secretary Of Veterans Affairs

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 2, 2016
Sold by
Bullock Terry L and Long Belinda K
Bought by
Vargas Carlos M
Seller's Agent
Lori Carter
Ladysmith Realty, Inc.
Buyer's Agent
Steven Moore
Aquia Realty, Inc.
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$154,908
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jun 16, 2016
Sold by
Fannie Mae
Bought by
Bullock Terry L and Long Belinda K
Seller's Agent
Brian Liggan
Virginia Capital Realty
Buyer's Agent
Lori Carter
William A. Cooke, LLC
List Price
$118,000
Sold Price
$85,000
Premium/Discount to List
-$33,000
-27.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.94%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 11, 2015
Sold by
Zimmeman Eugene
Bought by
Suntrust Mtg Inc

Purchase Details

Closed on
Jul 15, 2013
Sold by
Zimmerman Eugene and Zimmerman Edward William
Bought by
Zimmerman Eugene
Source: Public Records

Range of Values:

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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
Dadd Gregory $140,000 Old Republic
Pennymac Loan Services Llc $121,873 None Available
Vargas Carlos M $151,000 Fidelity National Title
Bullock Terry L $85,000 Sta Title & Escrow
Federal National Mortgage Association $167,955 --
Suntrust Mtg Inc $115,300 --
Zimmerman Eugene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dadd Gregory $137,464
Previous Owner Vargas Carlos M $154,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2018 07/06/18 Sold $140,000 0.0% $143 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $140,000 -7.3% $143 / Sq Ft
12/23/2016 12/23/16 Sold $151,000 +0.7% $155 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $149,900 +76.4% $154 / Sq Ft
06/17/2016 06/17/16 Sold $85,000 -28.0% $87 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $118,000 -- $121 / Sq Ft
Source: Bright MLS

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 $213,059 $276,700 $57,000 $219,700
2024 $1,199 $155,700 $57,000 $98,700
2023 $1,199 $155,700 $57,000 $98,700
2022 $1,199 $155,700 $57,000 $98,700
2021 $1,199 $155,700 $57,000 $98,700
2020 $985 $118,700 $41,000 $77,700
2019 $985 $118,700 $41,000 $77,700
2018 $985 $118,700 $41,000 $77,700
2017 $985 $118,700 $41,000 $77,700
2016 $973 $118,700 $41,000 $77,700
2015 $830 $115,300 $41,000 $74,300
2014 $830 $115,300 $41,000 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001190508

Bright MLS

APN: 67A2-1-346