$232,000
SOLD APR 4, 2023

7841 Terrapin Cove Rd Gloucester Point, VA 23062

3 Beds
1 Bath
1,380 Sq Ft
0.65 Acres

Recently Sold

$168 Per Sq Ft

5% Below List Price

4 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • Ceiling Fan

About This Home

As of April 2023

Charming home near the Coleman bridge, Gloucester Point beach, marinas, restaurants and historic Yorktown & Williamsburg. Vacant and ready for the next family! Architectural shingle roof replaced in June of 2022. Nice sized lot for backyard entertaining & deck on the front. Basement provides storage space. Great property for commuters to the Peninsula. Welcome home!

Last Agent to Sell the Property

Susan Haley Corson

The Real Estate Group, LLC License #0225190182 Listed on: 02/07/2023

The Real Estate Group, LLC

Last Buyer's Agent

Olivia Milby

RE/MAX Connect License #0225262451

RE/MAX Connect

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1952

Lot Details

  • 0.65 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Zoning described as SF-1

Parking

  • Off-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Partial Basement

Kitchen

  • <<OvenToken>>
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Achilles Elementary School
  • Page Middle School
  • Gloucester High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 051-171I

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,264

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1952
  • Property Attached Yn: No
  • Lot Size Acres: 0.65
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Basement: Partial
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 120.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Main Level Primary, Cable TV
  • Living Area: 1380.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Forced Air, Oil
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Page

Lot Info

  • Parcel Number: 051-171I
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1264.0

MLS Schools

  • Elementary School: Achilles
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 13, 2023
Sold by
White Benjamin A
Bought by
Swanson Kathryn
Seller's Agent
Susan Haley Corson
The Real Estate Group, LLC
Buyer's Agent
Olivia Milby
RE/MAX Connect
List Price
$245,000
Sold Price
$232,000
Premium/Discount to List
-$13,000
-5.31%
Views
35
Current Estimated Value
$293,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,513
Avg. Annual Appreciation
9.59%
Original Mortgage
$157,000
Outstanding Balance
$153,211
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$132,924
Source: Public Records

Similar Homes in the area

  • 1616 Bena Ln, Hayes, VA 23072

    $193,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 1616 Bena Ln
    • Hayes, VA

    This charming one bedroom bungalow is a dream! NEW Flooring, Kitchen cabinets and countertop, ALL appliances including washer/dryer, water softener and Mini-Split systems all only ONE year old. Spacious, open floor plan with fenced in yard and tool shed. Large lot with view of York River. Privacy and country living 1 mile from grocery stores and shopping. Perfect starter home, overflow guest

    Helen VanOrden BHHS RW Towne Realty LLC

    Section Image
  • 2266 Hayes Rd, Hayes, VA 23072

    $249,500

    • 2 Beds
    • 1 Bath
    • 1,132 Sq Ft
    • 2266 Hayes Rd
    • Hayes, VA

    Discover the charm of this classic 1960s all-brick rancher, nestled in a convenient location close to Yorktown, Williamsburg, and Newport News. This single-story home features timeless hardwood floors throughout the living room and bedrooms, offering warmth and character. The sunny living room is filled with natural light, creating a cozy and inviting space. The kitchen includes a dining area and

    Nina Watkins Isabell K. Horsley Real Estate

    Section Image
  • 2855 Cypress Crest Ln, Hayes, VA 23072

    $249,900

    • 2 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • 2855 Cypress Crest Ln
    • Hayes, VA

    Easy, low maintenance, one-level Living is here in southern Gloucester! Wonderful attached Rancher boasts so many Upgrades including a NEW ROOF 2023, NEW WINDOWS, APPLIANCES & HVAC all in 2025 and NEW GUTTERS 2022! The association maintains the septic systems, lawns & roads so you can relax & enjoy life. The spacious floor plan includes a Living Room with wood-burning fireplace, Kitchen & bright,

    ReNaye Dame Gloucester Realty Corporation

    Section Image
  • 6847 Williams Landing Rd, Hayes, VA 23072

    $185,000

    • 2 Beds
    • 1 Bath
    • 762 Sq Ft
    • 6847 Williams Landing Rd
    • Hayes, VA

    THIS IS A HOME BUILT IN 1910 AND 3 PARCELS BEING SOLD TOGETHER. THE COTTAGE IS ON 0.25 +/-ACRE WITH (2) 1 ACRE LOTSADJOINING IT. THE TOTAL ACREAGE IS 2.25+/-ACRES. THERE IS A SEPTIC SYSTEM IN THE GROUND THAT IS SERVING THE COTTAGE. IT IS A FIXER-UPER! IT IS BEING SOLD IN "AS IS" CONDITION. SHOWN BY APPOINTMENT ONLY.

    Deborah Spencer Spencer Realty Of Virginia

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $232,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,000 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $232,000 -5.3% $168 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $245,000 +58.1% $178 / Sq Ft
10/30/2015 10/30/15 Sold $155,000 0.0% $123 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $155,000 -- $123 / 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 $1,294 $218,260 $61,920 $156,340
2023 $31 $218,260 $61,920 $156,340
2022 $1,264 $171,940 $65,070 $106,870
2021 $1,212 $171,940 $65,070 $106,870
2020 $1,212 $171,940 $65,070 $106,870
2019 $1,044 $148,120 $58,950 $89,170
2017 $1,044 $148,120 $58,950 $89,170
2016 $1,084 $153,710 $52,560 $101,150
2015 $1,071 $160,500 $58,000 $102,500
2014 $1,059 $160,500 $58,000 $102,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2301684

Chesapeake Bay & Rivers Association of REALTORS®

APN: 051-171I