NOT LISTED FOR SALE

7507 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $390,000 - $467,000

3 Beds
2 Baths
2,016 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $264,000 $131 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,399/month

3 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • 1-Story Property
  • 2 Car Attached Garage
  • Central Air

About This Home

As of April 2016

Well maintained ranch in sough after Founders Mill! Additional bedroom suite with full bath upstairs. hardwood floors, large deck for entertaining, this is a must see home! Call for showing today!!

Last Agent to Sell the Property

Julie Crist

RE/MAX Capital License #0225065475 Listed on: 03/07/2016

RE/MAX Capital

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 2000

Lot Details

  • 0.7 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 2,016 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Microwave

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Well
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 025K-3-154

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,528

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Zoning: SF-1
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Ranch
  • Price Per Finished Sq Ft: 130.95
  • Appliances Equipment: Microwave, Refrigerator
  • Building Structures: Shed
  • County Or City: Gloucester
  • Lot: 154
  • Parcel Number: 025K-3-154
  • Siding: Vinyl
  • SP/ Sq Ft: 130.95
  • Acres: 0.7000
  • Total Sq Ft: 2016
  • Year Built: 2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Total Bedrooms: 3
  • Number Of Levels: 1.00
  • Post Office: Gloucester

Exterior Features

  • Fence: Rear Only
  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heat Fuel Description: heat pump
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Electric

Tax Info

  • Annual Taxes: 1528.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 22, 2016
Sold by
Arnett George L and Arnett Linda M
Bought by
Howle Nelson B Gunn and Gibbs Kimberly Kay
Seller's Agent
Julie Crist
RE/MAX Capital
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$260,000
Sold Price
$264,000
Premium/Discount to List
$4,000
1.54%
Current Estimated Value
$424,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,913
Avg. Annual Appreciation
5.03%
Original Mortgage
$249,399
Outstanding Balance
$197,004
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$227,909
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Howle Nelson B Gunn $254,000 Barristers Of Virginia
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howle Nelson B Gunn $249,399
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $264,000 +1.5% $131 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $260,000 -- $129 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,062 $335,750 $59,840 $275,910
2024 $2,062 $335,750 $59,840 $275,910
2023 $1,957 $335,750 $59,840 $275,910
2022 $1,983 $273,470 $58,910 $214,560
2021 $1,901 $273,470 $58,910 $214,560
2020 $1,901 $273,470 $58,910 $214,560
2019 $1,662 $239,110 $57,890 $181,220
2017 $1,662 $239,110 $57,890 $181,220
2016 $1,561 $224,660 $68,100 $156,560
2015 $1,528 $262,300 $54,000 $208,300
2014 $1,705 $262,300 $54,000 $208,300
Source: Public Records

Agents Affiliated with this Home

  • Julie Crist

    Seller's Agent in 2016

    Julie Crist

    RE/MAX

    (757) 871-0619

    11 Total Sales

    Julie Crist
    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    VA_WMLS

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1606897

Williamsburg Multiple Listing Service

APN: 27294

Virginia Gloucester County Gloucester 23061 Ware Neck

7507 Founders Mill Way E, Gloucester, VA

Not Listed for Sale

Detached

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