NOT LISTED FOR SALE

7585 Monroe Dr King George, VA 22485

Estimated Value: $465,000 - $478,000

4 Beds
3 Baths
2,995 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 31, 2019

Last sale price $320,000 $107 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,758/month

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Fishing Allowed
  • Beach
  • Canoe or Kayak Water Access
  • View of Trees or Woods

About This Home

As of August 2019

Immaculate cape cod with wrap-around front porch. 2-car garage. Rear deck overlooking woods and creek. New cherry laminate flooring in kitchen and granite counters. Large laundry area, updated full bath on main floor, plus a main level bedroom. Huge Master Bedroom w/ attached bonus room and attached master bath that includes dual vanities, soaking tub & shower. Ample closet space as well! 2nd upstairs bedroom also has an attached full bath. Finished basement with 4th bedroom (NTC), bonus workshop space, and a rough-in for plumbing. Basement also features a bar area and built-in surround-sound speakers for all of your entertainment needs! Plus all of the amenities Presidential Lakes has to offer (lake, pool, etc.) Don't miss out on this one! HMS Warranty conveys with sale of home - good through 4/3/2020. Sellers offering to pay HOA dues through the end of 2020 as well.

Last Agent to Sell the Property

Sean Robinson

sean@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/10/2019

Last Buyer's Agent

Jeremy Hoover

(540) 207-9881 jeremy.hoover10@gmail.com Metro Premier Homes License #0225215581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 2008

Lot Details

  • 0.47 Acre Lot
  • Home fronts navigable water
  • Electric Fence
  • Backs to Trees or Woods
  • Front Yard
  • Property is in very good condition

HOA Fees

  • $63 Monthly HOA Fees

Parking

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

Home Design

  • Cape Cod Architecture
  • Tar and Gravel Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Views of Woods
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rough-In Basement Bathroom
  • Basement Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • Non Powered Boats Only
  • Lake Privileges
  • Play Equipment

Location

  • Property is near a creek

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 14
  • Assessor Parcel Number 23A-4-14

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal
  • Presidential Lakes Property Owners' Association, Phone Number (540) 775-7000
  • Presidential Lakes Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Boat Ramp
  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 2008

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Negotiable
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Surround-sound speakers in basement ceiling, Propane Tank for fireplace, Mini-fridge in basement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-05-10
  • Federal Flood Zone: No
  • Year Built: 2008
  • Remarks Public: Immaculate cape cod with wrap-around front porch. 2-car garage. Rear deck overlooking woods and creek. New cherry laminate flooring in kitchen and granite counters. Large laundry area, updated full bath on main floor, plus a main level bedroom. Huge Master Bedroom w/ attached bonus room and attached master bath that includes dual vanities, soaking tub & shower. Ample closet space as well! 2nd upstairs bedroom also has an attached full bath. Finished basement with 4th bedroom (NTC), bonus workshop space, and a rough-in for plumbing. Basement also features a bar area and built-in surround-sound speakers for all of your entertainment needs! Plus all of the amenities Presidential Lakes has to offer (lake, pool, etc.) Don't miss out on this one! HMS Warranty conveys with sale of home - good through 4/3/2020. Sellers offering to pay HOA dues through the end of 2020 as well.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminated, Vinyl
  • Interior Amenities: Attic, Built-Ins, Bar, Carpet, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In, Upgraded Countertops, Window Treatments
  • Other Equipment: Negotiable
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Connecting Stairway, Partially Finished, Rough Bath Plumb, Walkout Level, Windows
  • Basement Finished Percent: 75.00
  • Total Sq Ft: 3165
  • Living Area Sq Ft: 2995
  • Price Per Sq Ft: 148.06
  • Above Grade Finished Sq Ft: 2195
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 170
  • Total Below Grade Sq Ft: 970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7585

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment
  • Roof: Tar/Gravel
  • Spa: No
  • View: Trees/Woods, Street
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Boat - Non Powered Only, Private Access, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Lake Monroe; Lake Madison
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Covered Parking, Inside Access
  • 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: Heat Pump(s), Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s), Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Propane, Sewer Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 755.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Boat Ramp, Common Grounds, Lake, Picnic Area, Pool - Outdoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal
  • HOA Name: PRESIDENTIAL LAKES PROPERTY OWNERS' ASSOCIATION
  • HOA Phone: 540-775-7000
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Electric
  • Improvement Assessed Value: 203500.00
  • Land Assessed Value: 51000.00
  • Lot Features: Backs To Trees, Front Yard
  • Lot Size Acres: 0.47
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20473.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16258439
  • Tax Annual Amount: 1781.00
  • Assessor Parcel Number: 23A-4-14
  • Tax Lot: 14
  • Tax Page Number: 94
  • Tax Total Finished Sq Ft: 1971
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/31/2019

Multi Family

  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 28, 2019
Sold by
Ritchie Brian S
Bought by
Hughes April
Seller's Agent
Sean Robinson
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeremy Hoover
Metro Premier Homes
List Price
$359,000
Sold Price
$320,000
Premium/Discount to List
-$39,000
-10.86%
Current Estimated Value
$469,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,753
Avg. Annual Appreciation
6.46%
Original Mortgage
$323,232
Outstanding Balance
$284,277
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$185,476

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 1, 2016
Sold by
Clark Malcolm D
Bought by
Ritchie Brian S
Seller's Agent
Koontz Campbell
RE/MAX Supercenter
Buyer's Agent
Sean Robinson
Long & Foster Real Estate, Inc.
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$260,200
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2013
Sold by
Clark Elizabeth A
Bought by
Clark Malcolm D

Purchase Details

Closed on
Oct 6, 2008
Sold by
Weston Homes Inc
Bought by
Clark Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Webb Bruce
Bought by
Weston Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,588
Interest Rate
6.05%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2005
Sold by
Hackett William
Bought by
Webb Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,588
Interest Rate
6.05%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Hughes April $320,000 Lakeside Title Company
Ritchie Brian S $265,000 J T Title & Escrow Llc
Clark Malcolm D -- --
Clark Malcolm $318,000 --
Weston Homes Inc $49,000 --
Webb Bruce $14,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes April $323,232
Previous Owner Ritchie Brian S $260,200
Previous Owner Clark Malcolm $238,000
Previous Owner Weston Homes Inc $141,588
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2019 08/31/19 Sold $320,000 -1.5% $107 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $324,999 -1.5% $109 / Sq Ft
06/27/2019 06/27/19 Price Changed $329,999 -2.5% $110 / Sq Ft
06/23/2019 06/23/19 Price Changed $338,500 -0.1% $113 / Sq Ft
06/14/2019 06/14/19 Price Changed $339,000 -2.9% $113 / Sq Ft
05/19/2019 05/19/19 Price Changed $349,000 -2.8% $117 / Sq Ft
05/10/2019 05/10/19 For Sale $359,000 +35.5% $120 / Sq Ft
04/04/2016 04/04/16 Sold $265,000 0.0% $121 / Sq Ft View Prior Sale
03/04/2016 03/04/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $265,000 -- $121 / Sq Ft
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 $2,426 $356,700 $60,000 $296,700
2024 $2,426 $356,700 $60,000 $296,700
2023 $2,426 $356,700 $60,000 $296,700
2022 $2,283 $356,700 $60,000 $296,700
2021 $1,858 $254,500 $51,000 $203,500
2020 $1,782 $254,500 $51,000 $203,500
2019 $1,782 $254,500 $51,000 $203,500
2018 $1,782 $254,500 $51,000 $203,500
2017 $1,667 $238,200 $51,000 $187,200
2016 $1,620 $238,200 $51,000 $187,200
2015 -- $238,200 $51,000 $187,200
2014 -- $238,200 $51,000 $187,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAKG117386

Bright MLS

APN: 23A-4-14