NOT LISTED FOR SALE

7532 Founders Mill Way E Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $432,000 - $445,000

3 Beds
2.5 Baths
2,223 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $266,000 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,595/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of March 2015

Stand out Colonial home beautifully sited on .73 acre setting boasts Living Room w/wood burning fpl, formal Dining Rm, fabulous Kitchen features center island, granite, sunny breakfast area, bar & pantry, half bath for guests, Master Suite w/huge walk-in closet & big Bonus Rm over garage. Wood floors, crown moulding, chair railing, 2 zoned 1 yr old HVAC, rear deck, covered front porch, paved driveway w/50 amp circuit for RV & fenced backyard.

Last Agent to Sell the Property

ReNaye Dame

Gloucester Realty Corporation License #0225026679 Listed on: 01/21/2015

Last Buyer's Agent

Michael Brown

Bay and River Real Estate License #0225056264

Bay and River Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 2000

Lot Details

  • Property is Fully Fenced
  • Zoning described as SF-1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Insulated Doors
  • Separate Formal Living Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Founders Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25K(3)-158

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,623

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Lot Size: .73 acre
  • Water Body Name: NONE
  • Subdivision Name: FOUNDERS MILL
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Separate/Formal Dining Room, Cable TV, Walk-In Closet(s)
  • Living Area: 2223.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Full
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Parcel Number: 25K(3)-158
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1623.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Ray Michael E and Ray Angel D
Bought by
Adams Mary Elizabeth
Current Estimated Value
$436,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$274,980
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$161,469

Purchase Details

Closed on
Oct 7, 2008
Sold by
Rudisill Michael E and Rudisill Lori C
Bought by
Klika Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,946
Interest Rate
6.41%
Mortgage Type
FHA
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
Adams Mary Elizabeth $320,000 The Closing Shop Llc
Klika Joseph R $279,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mary Elizabeth $304,000
Previous Owner Ray Michael E $253,314
Previous Owner Klika Joseph R $273,946
Previous Owner Rudisill Michael $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $266,000 0.0% $120 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $266,000 -- $120 / 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 $2,072 $355,430 $60,650 $294,780
2023 $2,072 $355,430 $60,650 $294,780
2022 $2,010 $277,270 $59,570 $217,700
2021 $1,927 $277,270 $59,570 $217,700
2020 $1,900 $273,310 $59,570 $213,740
2019 $1,724 $248,040 $59,110 $188,930
2017 $1,724 $248,040 $59,110 $188,930
2016 $1,735 $249,620 $69,540 $180,080
2015 $1,697 $269,800 $54,000 $215,800
2014 $1,754 $269,800 $54,000 $215,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 116299

Chesapeake Bay & Rivers Association of REALTORS®

APN: 26429