NOT LISTED FOR SALE

7490 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $385,000 - $447,000

4 Beds
2.5 Baths
2,266 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $333,000 $147 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,496/month

1 Day on Market

Highlights

  • Transitional Architecture
  • High Ceiling
  • 2 Car Direct Access Garage
  • Separate Formal Living Room
  • Breakfast Area or Nook
  • Front Porch

About This Home

As of September 2021

First time on market for this one owner home. Garage completely refinished. New auto garage door. New electrical junction box. New HWH. HVAC just one year old. New linoleum in kitchen & dining room. Newer carpet. Eat-in kitchen, spacious formal dining room and large pantry. Living or flex room and family room with wood-burning fireplace. Half-bath on first floor. Freshly power washed and gutters cleaned. Huge yard, rear fenced. Sold 'as is'. Crawl space pre-inspected and no termite/moisture issues found. Convenient to nearby Main Street where local restaurants, brewhouses, dessert shops and unique retail shops, arts, festivals abound. Easy access to to schools, park, Walter Reed Hospital, major retailers, etc.

Last Agent to Sell the Property

Tia Stanley

RE/MAX Capital License #0225210305 Listed on: 08/23/2021

RE/MAX Capital

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 2000

Lot Details

  • 0.69 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as SF-1

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Unpaved Parking

Home Design

  • Transitional Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,266 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Founders Mill Subdivision

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 025K-3-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Property Attached Yn: No
  • Lot Size Acres: 0.69
  • Ownership: Individuals
  • Subdivision Name: Founders Mill
  • Architectural Style: Two Story, Transitional
  • 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: None
  • Stories: 2

Interior Features

  • Flooring: Linoleum, Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, High Ceilings, Laminate Counters, Pantry, Cable TV, Walk-In Closet(s)
  • Living Area: 2266.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch, Unpaved Driveway
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Two Spaces, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 025K-3-160
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1811.0
  • Tax Lot: 160

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 21, 2021
Sold by
Puca Timothy J
Bought by
Stanley Philip M and Gutierrez Evelyn
Seller's Agent
Tia Stanley
RE/MAX Capital
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$310,000
Sold Price
$333,000
Premium/Discount to List
$23,000
7.42%
Current Estimated Value
$419,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,722
Avg. Annual Appreciation
7.03%
Original Mortgage
$344,988
Outstanding Balance
$317,990
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,958
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 Buyer Sale Price Title Company
Stanley Philip M $333,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stately Philip M $40,000
Open Stanley Philip M $344,988
Previous Owner Puca Timothy J $219,560
Previous Owner Puca Timothy J $218,500
Previous Owner Puca Timothy J $209,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $333,000 +7.4% $147 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $310,000 -- $137 / 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 $2,003 $343,590 $59,570 $284,020
2023 $2,003 $343,590 $59,570 $284,020
2022 $1,882 $259,620 $58,940 $200,680
2021 $1,811 $260,550 $58,940 $201,610
2020 $1,811 $260,550 $58,940 $201,610
2019 $1,624 $233,730 $57,480 $176,250
2017 $1,624 $233,730 $57,480 $176,250
2016 $1,699 $244,460 $67,620 $176,840
2015 $1,662 $272,000 $54,000 $218,000
2014 $1,768 $272,000 $54,000 $218,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2126198

Chesapeake Bay & Rivers Association of REALTORS®

APN: 26454