NOT LISTED FOR SALE

7320 Ark Rd Gloucester, VA 23061

Estimated Value: $224,000 - $260,000

2 Beds
1 Bath
900 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $138,000 $153 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,355/month

77 Days on Market

Highlights

  • Granite Countertops
  • Vinyl Flooring
  • 1-Story Property
  • Cooling Available
  • Heat Pump System

About This Home

As of March 2017

COMPLETELY REMODELED, TAKEN ALL THE WAY DOWN TO THE STUDS. NEW: PLUMBING, HEAT PUMP,ELECTRICAL, VINYL REPLACEMENT WINDOWS, DOORS, CABINETS, LAMINATE FLOORING, VINYL TILE IN BATH, ROOF, WELL PUMP, DISHWASHER, INSULATED, ROOF(5YRS OLD).
CLOSE TO SCHOOLS. CLOSE TO GLOUCESTER COURT HOUSE, SHOPPING & DINING. NEAR HOSPITAL.
GREAT STARTER, RETIREMENT HOME, OR INVESTMENT PROPERTY.

Last Agent to Sell the Property

Deborah Morgan

Morgan & Edwards Real Estate License #0225031016 Listed on: 11/28/2016

Co-Listed By

Barry Morgan

Morgan & Edwards Real Estate License #0225059772

Last Buyer's Agent

Alison Mazzuca

RE/MAX Capital License #0225189485

RE/MAX Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1955

Lot Details

  • 0.99 Acre Lot
  • Zoning described as SC-1

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Bethel Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 030-53A

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Property Attached Yn: No
  • Lot Size Acres: 0.99
  • Co List Office Mls Id: cbra.182
  • Co List Office Phone: (804) 725-1951
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Granite Counters, Laminate Counters
  • Living Area: 900.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Concrete, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 030-53A
  • Zoning Description: SC-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 689.0

MLS Schools

  • Elementary School: Bethel
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Martinese Christopher C and Martinese Jenna L
Bought by
Tolefson Craig E and Tolefson Heather J
Current Estimated Value
$238,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$122,557
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$116,271

Purchase Details

Closed on
Jul 25, 2023
Sold by
Pemberton Ronald L
Bought by
Slaton Jarod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$122,557
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$116,271

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 24, 2017
Sold by
Beattie Patrick J
Bought by
Pemberton Ronald J
Seller's Agent
Deborah Morgan
Morgan & Edwards Real Estate
Buyer's Agent
Alison Mazzuca
RE/MAX Capital
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$139,393
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Beneficial Mortgage Co Of Virginia
Bought by
C C J & I Construction Inc
Source: Public Records

Range of Values:

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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
Tolefson Craig E $605,000 Fidelity National Title
Slaton Jarod $209,000 Sage Title
Pemberton Ronald J $138,000 Attorney
C C J & I Construction Inc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolefson Craig E $125,000
Previous Owner Slaton Jarod $211,111
Previous Owner Pemberton Ronald L $50,004
Previous Owner Pemberton Ronald J $139,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $138,000 -1.4% $153 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $139,900 -- $155 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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
2024 $1,115 $191,200 $67,730 $123,470
2023 $1,115 $191,200 $67,730 $123,470
2022 $857 $118,260 $45,000 $73,260
2021 $822 $118,260 $45,000 $73,260
2020 $822 $118,260 $45,000 $73,260
2019 $909 $130,790 $45,000 $85,790
2017 $706 $116,910 $43,650 $73,260
2016 $689 $99,200 $34,920 $64,280
2015 $675 $99,500 $38,000 $61,500
2014 $647 $99,500 $38,000 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1638424

Chesapeake Bay & Rivers Association of REALTORS®

APN: 15571