NOT LISTED FOR SALE

707 Promenade Ln Williamsburg, VA 23185

Druid Hills Neighborhood

Estimated Value: $335,315 - $359,000

3 Beds
3 Baths
1,559 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $234,990 $151 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,145/month

4 Days on Market

Highlights

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

About This Home

As of September 2018

Williamsburgs newest condominium community. The Farringdon model - a townhouse design featuring living room, dining room, laundry closet, u-shaped step saving kitchen, bedroom & full bathroom on the 1st floor. Master bedroom, guest room, 2 full bathrooms & loft on the 2nd floor. A broom finished concrete patio is partially enclosed by a 48' vinyl fence & an exterior adjacent shed. 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.

Last Agent to Sell the Property

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 02/22/2018

RE/MAX Capital

Last Buyer's Agent

Shelly Taylor

RE/MAX Capital License #0225081495 Listed on: 02/22/2018

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • Waterfront

HOA Fees

  • $148 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,559 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Loft
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed
  • 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

  • Picnic Area
  • 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: 2-Story, Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 150.73
  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Microwave, Smoke Alarm, Stove, Stove Hood, Wall Oven, Range
  • Total Bathrooms: 3.00
  • Building Structures: Shed
  • County Or City: James City Co.
  • Neighborhood Name: PROMENADE@5
  • Siding: Brick, Vinyl
  • SP/ Sq Ft: 150.73
  • Wall Type: Drywall
  • Year Built Description: To Be Built
  • Property Subtype2: Attached
  • Total Sq Ft: 1559
  • Street View Param: 1$37.246438$-121.76636000000002$119.94$13.33$1.00$8jDIJmPg3M4xQplEuRE1JA
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Number of Rooms: 6
  • Flooring: Carpet, Vinyl
  • Attic: Pull Down
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior: 9 Ft + Ceilings, Other, Countertops - Laminate, Dining Area, Dryer Hookup, Eat-In-Kitchen, Loft, Pantry, Recessed Lighting, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 2.00
  • Post Office: Williamsburg

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Parking: Assigned

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, Picnic Area, 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
Feb 22, 2018
Closed on
Sep 11, 2018
Sold by
Franciscus At Promenade Llc
Bought by
Laufer George P and Laufer Karen L
Seller's Agent
Shelly Taylor
RE/MAX Capital
Buyer's Agent
Shelly Taylor
RE/MAX Capital
List Price
$234,990
Sold Price
$234,990
Current Estimated Value
$344,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,201
Avg. Annual Appreciation
5.56%
Original Mortgage
$242,744
Outstanding Balance
$210,813
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$138,266
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Laufer George P $234,990 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laufer George P $242,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $234,990 0.0% $151 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $234,990 -- $151 / 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 $2,381 $286,900 $62,400 $224,500
2024 $2,238 $286,900 $62,400 $224,500
2023 $2,238 $242,700 $60,000 $182,700
2022 $2,014 $242,700 $60,000 $182,700
2021 $1,858 $221,200 $50,000 $171,200
2020 $1,858 $221,200 $50,000 $171,200
2019 $1,769 $210,600 $50,000 $160,600
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
See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1805995

Williamsburg Multiple Listing Service

APN: 48-1 25-0-0707

Virginia James City County Williamsburg 23185 Druid Hills

707 Promenade Ln, Williamsburg, VA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Williamsburg Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes