NOT LISTED FOR SALE

75 Edgewood Dr Mineral, VA 23117

Estimated Value: $520,000 - $628,053

5 Beds
3 Baths
2,656 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $550,000 $207 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,382/month

140 Days on Market

Highlights

  • Community Boat Launch
  • Community Lake
  • Multiple Fireplaces
  • Thomas Jefferson Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Welcome to Edgewood Bay's coveted 5-bed, 3-bath gem, spread across two floors. This versatile home offers limitless potential for personal use or investment. The lower level features a fully-equipped basement with a kitchen, living room, two bedrooms, a full bath, and private washer-dryer—complete with its own driveway and entrance. Live upstairs and rent down, or capitalize on dual rentals for a lucrative investment. Enjoy private lake access with a boat slip, storing watercraft in the detached heated garage. The expansive wooded yard sets the scene for BBQs and bonfires. Experience the beauty of changing seasons amidst the surrounding trees, and cozy up by one of the two fireplaces in cooler months.Whether you're an indoor or outdoor enthusiast, this property seamlessly blends comfort, recreation, and investment potential. Don't miss the chance to make this Edgewood Bay residence your own—schedule a showing today and step into a lifestyle of luxury, tranquility, and financial gain. Your dream home in Edgewood Bay awaits, where every moment is an opportunity for a richer, more rewarding life.

Last Agent to Sell the Property

Ashley Dudley

HomeGrown Real Estate License #0225239173 Listed on: 12/27/2023

HomeGrown Real Estate

Last Buyer's Agent

Stephanie Rorrer

CORE REAL ESTATE PARTNERS LLC License #0225215458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1993

Lot Details

  • 1.23 Acre Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Outdoor Features

  • Deck
  • Front Porch

Schools

  • T. Jefferson Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number LOT 76 DB 1845/129

Community Details

Overview

  • $250 HOA Transfer Fee
  • Edgewood Bay Subdivision
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1993

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1424
  • Below Grade Total Sq Ft: 1232
  • L V T Date: 12/27/2023
  • Parcel Number: LOT 76 DB 1845/129
  • Price Per Sq Ft: 207.08
  • Property Included: Washer, Dryer, Refrigerator x2, Stove/Oven x2, Dishwasher, Shed, Trampoline, Furniture Negotiable
  • Total Sq Ft: 3256
  • Total Unfinished Sq Ft: 600
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: EDGEWOOD BAY
  • Comments: Yes
  • Concatenated Rooms1: |
  • Structures Deck Porch: Deck, Porch, Porch - Front, Porch - Rear
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Two
  • Laundry: Dryer, Dryer Hookup, Stack Unit, Stack Unit Hookup, Washer, Washer Hookup
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Windows
  • Total Finished Sq Ft: 2656
  • Above Grade Finished Sq Ft: 1424
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1232
  • Foundation: Poured Concrete
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Number Beds: 5
  • Full Bathrooms: 3
  • Source of Sq Ft: Owner

Exterior Features

  • Number Of Acres: 1.23
  • Roof: Composition Shingle

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 600
  • Garage Features: Detached, Faces Front, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 600

Utilities

  • Cooling: Central AC
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Installed Conventional
  • Water: Individual Well

Condo/Co-op/Association

  • HOA/COA Amenities: Boat Launch, Lake, Picnic Area
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 250
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 400

Schools

  • Elementary School: T. Jefferson
  • Middle School: Louisa
  • High School: Louisa

Building Info

  • Year Built: 1993

Tax Info

  • Year: 3173
  • Taxes: 2022

MLS Schools

  • HighSchool: Louisa
  • Middle School: Louisa
  • Elementary School: T. Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Jul 16, 2024
Sold by
Chase Investments Group Llc
Bought by
Mcelroy Kevin Joseph and Mcelroy Shannon
Seller's Agent
Ashley Dudley
HomeGrown Real Estate
Buyer's Agent
Stephanie Rorrer
CORE REAL ESTATE PARTNERS LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
331
Current Estimated Value
$565,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,263
Avg. Annual Appreciation
2.57%
Original Mortgage
$440,000
Outstanding Balance
$435,417
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$129,846

Purchase Details

Closed on
May 16, 2022
Sold by
Sierra Calvin D
Bought by
Chase Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2015
Closed on
Apr 28, 2017
Sold by
Mccotter Christopher and Mccotter Christine
Bought by
Sierra Calvin D and Sierra Nancy
Seller's Agent
Libby Sandridge
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Robin Wheeler
Lake Anna Real Estate Group
List Price
$359,900
Sold Price
$275,000
Premium/Discount to List
-$84,900
-23.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
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
Mcelroy Kevin Joseph $550,000 Chicago Title
Chase Investments Group Llc $399,000 None Listed On Document
Sierra Calvin D $275,000 Northern Virginia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelroy Kevin Joseph $440,000
Previous Owner Chase Investments Group Llc $267,750
Previous Owner Chase Investments Group Llc $75,000
Previous Owner Chase Investments Group Llc $279,300
Previous Owner Mccotter Christopher $186,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $550,000 -5.0% $207 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $579,000 -3.5% $218 / Sq Ft
12/27/2023 12/27/23 For Sale $600,000 +118.2% $226 / Sq Ft
04/26/2017 04/26/17 Sold $275,000 -3.5% $104 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $285,000 -3.4% $107 / Sq Ft
02/03/2017 02/03/17 Price Changed $294,900 -1.7% $111 / Sq Ft
10/29/2016 10/29/16 Price Changed $299,999 -3.8% $113 / Sq Ft
06/03/2016 06/03/16 Price Changed $312,000 -13.3% $117 / Sq Ft
04/02/2016 04/02/16 For Sale $359,900 +30.9% $136 / Sq Ft
04/01/2016 04/01/16 Off Market $275,000 -- --
03/06/2016 03/06/16 Price Changed $359,900 -2.7% $136 / Sq Ft
10/06/2015 10/06/15 For Sale $370,000 -- $139 / Sq Ft
Source: Harrisonburg-Rockingham 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 $3,303 $458,800 $78,300 $380,500
2023 $3,112 $454,900 $66,300 $388,600
2022 $3,173 $440,700 $58,300 $382,400
2021 $2,864 $397,800 $58,300 $339,500
2020 $2,581 $358,500 $58,300 $300,200
2019 $2,465 $342,400 $58,300 $284,100
2018 $2,303 $319,800 $58,300 $261,500
2017 $2,223 $306,300 $58,300 $248,000
2016 $2,223 $308,700 $58,300 $250,400
2015 $2,076 $288,300 $60,700 $227,600
2013 -- $261,500 $63,900 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 648335

Harrisonburg-Rockingham Association of REALTORS®

APN: 30G-1-76