NOT LISTED FOR SALE

7497 Monroe Dr King George, VA 22485

Estimated Value: $433,000 - $445,000

4 Beds
2.5 Baths
2,416 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $380,000 $157 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,603/month

53 Days on Market

Highlights

  • Water Access
  • Deck
  • Community Pool
  • Colonial Architecture
  • Traditional Floor Plan
  • Den

About This Home

As of December 2022

Welcome to 7497 Monroe Drive! This well-maintained home is located in Presidential Lakes and includes 4 Bedrooms (4th Bedroom NTC) and a finished basement. Features include covered front porch, rear deck, Hardwood floors, gas fireplace, Bay window, 2 Car Side Entrance Garage, built-in bookcases, dormer windows, and more. The driveway is paved and the community center and pool is within walking distance. Convenient to NSWC Dahlgren, Fredericksburg VRE, and the Henry Nice Bridge. (Tenant occupied until the end of October) Welcome Home!

Last Agent to Sell the Property

Corey Green

(540) 907-0505 corey@greenandco.us Green & Company License #0225190834 Listed on: 09/10/2022

Last Buyer's Agent

Judy Petrak

(571) 330-5847 judy.petrak@c21nm.com CENTURY 21 New Millennium License #0225211491

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 2005

Lot Details

  • 0.47 Acre Lot
  • Property is in excellent condition
  • Property is zoned R1

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Improved Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Water Access
  • Property is near a lake
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Less Than The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 23A 4 4

Community Details

Overview

  • Presidential Lakes Property Owners Association
  • Presidential Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,877

Year Built

Built in 2005

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-16
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to 7497 Monroe Drive! This well-maintained home is located in Presidential Lakes and includes 4 Bedrooms (4th Bedroom NTC) and a finished basement. Features include covered front porch, rear deck, Hardwood floors, gas fireplace, Bay window, 2 Car Side Entrance Garage, built-in bookcases, dormer windows, and more. The driveway is paved and the community center and pool is within walking distance. Convenient to NSWC Dahlgren, Fredericksburg VRE, and the Henry Nice Bridge. (Tenant occupied until the end of October) Welcome Home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Table Space, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Full, Improved, Outside Entrance, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2516
  • Living Area Sq Ft: 2416
  • Price Per Sq Ft: 225.93
  • Above Grade Finished Sq Ft: 1766
  • Below Grade Finished Sq Ft: 650
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7497

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Septic < # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 805.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: PRESIDENTIAL LAKES PROPERTY OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Schools

  • School District: KING GEORGE COUNTY SCHOOLS
  • School District Key: 121138110047
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 2
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20473.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1877.00
  • Assessor Parcel Number: 23A 4 4
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1766
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/29/2022

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Dec 28, 2022
Sold by
Libeau Donald R and Libeau Ione M
Bought by
Olson Christopher
Seller's Agent
Corey Green
Green & Company
Buyer's Agent
Judy Petrak
CENTURY 21 New Millennium
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Views
54
Current Estimated Value
$440,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,095
Avg. Annual Appreciation
5.38%
Original Mortgage
$380,000
Outstanding Balance
$368,269
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$71,826

Purchase Details

Closed on
Jul 29, 2010
Sold by
Sweeney Kevin
Bought by
Libeau Donald R

Purchase Details

Closed on
Aug 4, 2005
Sold by
Green Corey
Bought by
Sweeney Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,800
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Olson Christopher $380,000 First American Title
Libeau Donald R $259,900 --
Sweeney Kevin $267,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Christopher $380,000
Previous Owner Sweeney Kevin $213,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $380,000 -4.8% $157 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $399,000 -2.7% $165 / Sq Ft
09/10/2022 09/10/22 For Sale $410,000 0.0% $170 / Sq Ft
11/01/2019 11/01/19 Rented $1,650 0.0% --
10/10/2019 10/10/19 Under Contract -- -- --
08/28/2019 08/28/19 For Rent $1,650 +4.8% --
09/28/2015 09/28/15 Rented $1,575 0.0% --
09/28/2015 09/28/15 Under Contract -- -- --
09/11/2015 09/11/15 For Rent $1,575 -- --
Source: Bright MLS

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
2025 $2,404 $353,500 $60,000 $293,500
2024 $2,404 $353,500 $60,000 $293,500
2023 $2,404 $353,500 $60,000 $293,500
2022 $2,262 $353,500 $60,000 $293,500
2021 $1,877 $257,100 $51,000 $206,100
2020 $1,800 $257,100 $51,000 $206,100
2019 $1,800 $257,100 $51,000 $206,100
2018 $1,800 $257,100 $51,000 $206,100
2017 $1,682 $240,300 $51,000 $189,300
2016 $1,634 $240,300 $51,000 $189,300
2015 -- $240,300 $51,000 $189,300
2014 -- $240,300 $51,000 $189,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAKG2002346

Bright MLS

APN: 23A-4-4