$238,000
SOLD MAY 19, 2016

7489 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood
4 Beds
2.5 Baths
2,237 Sq Ft
0.82 Acres

Recently Sold

$106 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Thermal Windows

About This Home

As of June 2020

Spacious 4BR home, w/lots of curb appeal, offers a full front porch, 1st & 2nd floor master BRs w/walk in closets, vaulted ceiling foyer, open design eat in kit., DR, LR, FR w/fireplace, lots of insulated knee wall storage, 2nd fl. laundry rm., att. 2 car gar., paved drive & lg. backyard w/shed.

Last Agent to Sell the Property

S Jean Pierce

RE/MAX Peninsula (Gloucester) License #0225075202 Listed on: 02/16/2016

RE/MAX Peninsula (Gloucester)

Last Buyer's Agent

Raquel Ott

Real Broker, LLC License #0225186406

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1999

Lot Details

  • 0.82 Acre Lot
  • Wooded Lot
  • Zoning described as SF-1

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,237 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Thermal Windows
  • Crawl Space
  • Storm Doors
  • Washer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Botetourt Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 14536

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,689

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: None
  • Architectural Style: Cape Cod, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Refrigerator
  • Other Equipment: Air Purifier
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 2237.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Lot Features: Wooded
  • Pool Features: Above Ground, Pool
  • Waterfront: No
  • Disclosures: Deed Restriction, Seller Disclosure
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Storage, Shed, Paved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Finished Garage, Garage, Off Street, Paved

Utilities

  • Heating: Heat Pump, None, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: No

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 14536
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1689.0

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $280,000 The Closing Shop Llc
Warranty Deed $238,000 The Closing Shop Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,800 Stand Alone Second
Open $274,928 FHA
Previous Owner $8,330 Stand Alone Second
Previous Owner $233,689 FHA
Previous Owner $178,000 New Conventional
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

    69 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
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1604072

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 and is currently priced at $238,000, approximately $106 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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