NOT LISTED FOR SALE

7489 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $410,000 - $439,000

4 Beds
2.5 Baths
2,132 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $280,000 $131 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,473/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of June 2020

Honey, 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.

Last Agent to Sell the Property

Raquel Ott

Real Broker, LLC License #0225186406 Listed on: 05/18/2020

Real Broker, LLC

Last Buyer's Agent

Raquel Ott

Real Broker, LLC License #0225186406 Listed on: 05/18/2020

Real Broker, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,641

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Property Attached Yn: No
  • Lot Size Acres: 0.82
  • Ownership: Individuals
  • Subdivision Name: Founders Mill
  • Architectural Style: Cape Cod, Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Refrigerator, Water Softener
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Garden Tub/Roman Tub, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Walk-In Closet(s)
  • Living Area: 2132.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Fenced, Invisible
  • Lot Features: Wooded
  • Pool Features: Above Ground, Pool
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Faces Rear

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 025K-3-152
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1641.0
  • Tax Lot: 152

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

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
Current Estimated Value
$421,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,728
Avg. Annual Appreciation
8.02%
Original Mortgage
$9,800
Outstanding Balance
$8,786
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$406,895

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
$406,895

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
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
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

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 $1,970 $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

    7 in this area

    71 Total Sales

    Section Image
  • S Jean Pierce

    Seller's Agent in 2016

    S Jean Pierce

    RE/MAX Peninsula (Gloucester)

    (757) 291-3402

    23 in this area

    133 Total Sales

    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2014612

Chesapeake Bay & Rivers Association of REALTORS®

APN: 27318

Virginia Gloucester County Gloucester 23061 Ware Neck

7489 Founders Mill Way E, Gloucester, VA

This home is located at 7489 Founders Mill Way E, Gloucester, VA 23061 since 18 May 2020 and is currently estimated at $429,368, approximately $201 per square foot. This property was built in 1999. 7489 Founders Mill Way E is a home located in Gloucester County with nearby schools including Botetourt Elementary School, Peasley Middle School, and Gloucester High School.

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.

Chesapeake Bay & Rivers Association of REALTORS® 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.

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