7489 Founders Mill Way E Gloucester, VA 23061
Ware Neck NeighborhoodEstimated Value: $398,000 - $441,000
4
Beds
2.5
Baths
2,132
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Deck
- Wood Flooring
- Cape Cod Architecture
- Wooded Lot
- Main Floor Primary Bedroom
About This Home
As of June 2020Honey, I’m home! Welcome to 7489 Founders Mill Way East in well established Founders Mill subdivision. This cozy yet spacious Colonial Style 4 Bedroom home sits on a grassy knoll and features a spacious backyard, country front porch and back deck for entertaining. The first floor features a den/family room, formal dining room, eat in kitchen, living room that opens up to back deck and featuring a wood burning fireplace, powder room and a spacious first floor master bedroom with walk in closet, garden tub and standing shower. The second floor has 3 bedrooms, 1 full bathroom and laundry room. All bedrooms have large closets and plenty of attic storage as well. The large and private backyard has an above ground pool, back deck, playground, invisible fence and a storage shed. 2 Car Garage and paved driveway. Seller Offering 1 Year 2-10 Supreme Coverage Home Warranty at Closing with acceptable offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,641
Year Built
- Built in 1999
Lot Details
- 0.82 Acre Lot
- Property has an invisible fence for dogs
- Wooded Lot
- Zoning described as SF-1
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Driveway
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,132 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Washer and Dryer Hookup
Kitchen
- Electric Cooktop
- Dishwasher
- Laminate Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
- Garden Bath
Outdoor Features
- Above Ground Pool
- Deck
- Front Porch
Schools
- Botetourt Elementary School
- Peasley Middle School
- Gloucester High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Well
- Water Heater
- Water Softener
- Septic Tank
Community Details
- Founders Mill Subdivision
Listing and Financial Details
- Tax Lot 152
- Assessor Parcel Number 025K-3-152
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2020
Closed on
Jun 24, 2020
Sold by
Coster Michael Lawrence
Bought by
Coster Michael Lawrence and Cox Kathy L
Seller's Agent
Raquel Ott
Real Broker, LLC
Buyer's Agent
Raquel Ott
Real Broker, LLC
List Price
$280,000
Sold Price
$280,000
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,028
Avg. Annual Appreciation
8.59%
Original Mortgage
$9,800
Outstanding Balance
$8,786
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$410,242
Purchase Details
Listed on
May 18, 2020
Closed on
Jun 3, 2020
Sold by
Cox Bryan and Cox Kathy L
Bought by
Coster Michael Lawrence
Seller's Agent
Raquel Ott
Real Broker, LLC
Buyer's Agent
Raquel Ott
Real Broker, LLC
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,800
Outstanding Balance
$8,786
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$410,242
Purchase Details
Listed on
Feb 16, 2016
Closed on
May 16, 2016
Sold by
Vaughn Ralph H and Vaughn Ann E
Bought by
Cox Bryan and Cox Kathy L
Seller's Agent
S Jean Pierce
RE/MAX Peninsula (Gloucester)
Buyer's Agent
Raquel Ott
Real Broker, LLC
List Price
$248,800
Sold Price
$238,000
Premium/Discount to List
-$10,800
-4.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$8,330
Interest Rate
3.59%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
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Similar Homes in Gloucester, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coster Michael Lawrence | -- | None Available | |
| Coster Michael Lawrence | $280,000 | The Closing Shop Llc | |
| Cox Bryan | $238,000 | The Closing Shop Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coster Michael Lawrence | $9,800 | |
| Open | Coster Michael Lawrence | $274,928 | |
| Previous Owner | Cox Bryan | $8,330 | |
| Previous Owner | Cox Bryan | $233,689 | |
| Previous Owner | Vaughn Ann E | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2020 06/23/20 | Sold | $280,000 | 0.0% | $131 / Sq Ft |
| 05/24/2020 05/24/20 | Pending | -- | -- | -- |
| 05/18/2020 05/18/20 | For Sale | $280,000 | +17.6% | $131 / Sq Ft |
| 05/19/2016 05/19/16 | Sold | $238,000 | -4.3% | $106 / Sq Ft |
| 03/16/2016 03/16/16 | Pending | -- | -- | -- |
| 02/16/2016 02/16/16 | For Sale | $248,800 | -- | $111 / Sq Ft |
Source: Chesapeake Bay & Rivers Association of REALTORS®
Tax History Compared to Growth
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 | $1,970 | $337,940 | $63,110 | $274,830 |
| 2023 | $1,970 | $337,940 | $63,110 | $274,830 |
| 2022 | $1,963 | $270,700 | $61,160 | $209,540 |
| 2021 | $1,881 | $270,700 | $61,160 | $209,540 |
| 2020 | $1,881 | $270,700 | $61,160 | $209,540 |
| 2019 | $1,641 | $236,160 | $61,000 | $175,160 |
| 2017 | $1,641 | $236,160 | $61,000 | $175,160 |
| 2016 | -- | $248,290 | $71,760 | $176,530 |
| 2015 | $844 | $265,100 | $54,000 | $211,100 |
| 2014 | $1,723 | $265,100 | $54,000 | $211,100 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Ott
Seller's Agent in 2020
Raquel Ott
Real Broker, LLC
(804) 815-3352
8 in this area
71 Total Sales
-
S Jean Pierce
Seller's Agent in 2016
S Jean Pierce
RE/MAX Peninsula (Gloucester)
(757) 291-3402
23 in this area
131 Total Sales
Map
Source: Chesapeake Bay & Rivers Association of REALTORS®
MLS Number: 2014612
APN: 27318
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