NOT LISTED FOR SALE

7262 Gull Point Rd Franktown, VA 23354

Estimated Value: $751,000 - $1,304,000

5 Beds
5 Baths
5,043 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $595,000 $118 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,104/month

87 Days on Market

Highlights

  • Pier or Dock
  • Home fronts a creek
  • 3.7 Acre Lot
  • Water Access
  • Multiple Garages
  • Bayside

About This Home

As of December 2021

VRBO/ Air B&B POTENTIAL--NO deed Restrictions.--VIRTUAL TOUR. Upon rounding the driveway turn you will see this 4 column +-50' Georgian-inspired home with an attached 2 car garage. This custom all brick home is located on the confluence of Nassawadox and Warehouse Creeks with long and exceptional sunrise and sunset views. There is a separate detached 3 car garage for vehicles, a shop or storage. Large yard for outdoor sports outdoor -- plus crabbing + fishing off the dock! Water on 2 sides and shorebirds abound (saltwater does not breed mosquitos). Recently upgraded Geothermal HVAC w/ground loop wells. Dock/boatlift with appx. 4' of water at high tide. Boat ramp just down the road at Bayford! Just minutes from the Bay by boat. Measurements and sq. footage Approx.

Last Agent to Sell the Property

George Schoolfield

Weichert, Realtors Mason - Davis License #0225195087 Listed on: 08/13/2021

Weichert, Realtors Mason - Davis

Last Buyer's Agent

Dutch Schwab

RALPH W. DODD & ASSOCIATES License #0225056905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1988

Lot Details

  • 3.7 Acre Lot
  • Home fronts a creek

Home Design

  • Colonial Architecture
  • Brick Veneer
  • Brick Foundation
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 5,043 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Insulated Doors
  • Dining Room
  • Den with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Multiple Garages
  • Stone Driveway
  • Open Parking

Accessible Home Design

  • Handicap Accessible
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Seawall
  • Separate Outdoor Workshop
  • Porch

Location

  • Bayside

Schools

  • Occohannock Elementary And Middle School
  • Northampton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • $665,500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • None Association
  • Franktown Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,524

Year Built

Built in 1988

Lot Details

3.7 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.7
  • Lot Size: 3.7 ac.+-
  • Water Body Name: Nassawadox Creek
  • Subdivision Name: Franktown
  • Directions: Rt. 13 and turn East on Bayford Rd. -cross Bayside Rd. and continue sev. miles to Gull Pt. Rd. (see row of cypress trees) Rt. on Gull Point and follow to end. DO NOT visit property without a Realtor.
  • Architectural Style: Colonial
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Kitchen Level: First
  • RoomBedroom1Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Washer, Dryer, Surface Units, Refrigerator, Dishwasher
  • Accessibility Features: Handicapped Access
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Entry Location: First
  • Fireplace Features: One Fireplace, Den
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom, Dining Room, Central Vacuum
  • Living Area: 5043
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Second
  • Dining Room Features: Breakfast Area, Eat-in Kitchen, Dining Room
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Waterfront Features: Water Front, Creek Front, Bayside, Moderate Depth, Water Access-Private, Waterfront, Seawall
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Wood Siding, Sheetrock, Panel
  • Exterior Features: Pier/Dock
  • Foundation Details: Crawl Space, Brick/Mortar
  • Other Structures: Workshop
  • Patio And Porch Features: Porch
  • Property Condition: 15-30 yrs +/-
  • Roof: Age 10 yrs +/-, Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Attached, Carport, Detached, Multi- Car, Natural Driveway, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Geothermal
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Geothermal
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: None-
  • Association: No

Schools

  • Elementary School: Occohannock
  • High School: Northampton
  • Middle Or Junior School: Occohannock

Lot Info

  • Lot Size Sq Ft: 161172
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5524
  • Tax Book Number: 209/19
  • Tax Lot: 1
  • Tax Map Number: 19B-1-1
  • Tax Other Annual Assessment Amount: 665500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2022
Sold by
Sedjat Lisa B
Bought by
Way Back Revocable Trust and Sedjat
Current Estimated Value
$919,066

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 15, 2021
Sold by
Hall Floyd E
Bought by
Sedjat Lisa B
Seller's Agent
George Schoolfield
Weichert, Realtors Mason - Davis
Buyer's Agent
Dutch Schwab
RALPH W. DODD & ASSOCIATES
List Price
$615,000
Sold Price
$595,000
Premium/Discount to List
-$20,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$505,250
Interest Rate
3.09%
Mortgage Type
Commercial
Source: Public Records
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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
Way Back Revocable Trust -- None Listed On Document
Sedjat Lisa B $595,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sedjat Lisa B $505,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $595,000 -3.3% $118 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $615,000 -- $122 / Sq Ft
Source: Eastern Shore Association of REALTORS®

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
2024 $4,491 $655,600 $228,600 $427,000
2023 $4,501 $592,200 $213,400 $378,800
2022 $4,501 $592,200 $213,400 $378,800
2021 $5,557 $665,500 $218,600 $446,900
2020 $5,557 $665,500 $218,600 $446,900
2019 $5,568 $670,900 $218,600 $452,300
2018 $0 $670,900 $218,600 $452,300
2017 $4,962 $670,900 $218,600 $452,300
2016 $4,962 $597,800 $219,600 $378,200
2015 -- $597,800 $219,600 $378,200
2011 -- $759,300 $285,000 $474,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54553

APN: 19B-1-1

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