NOT LISTED FOR SALE

7856 Terrapin Cove Rd Gloucester Point, VA 23062

Estimated Value: $415,438 - $509,000

4 Beds
2.5 Baths
2,646 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $260,000 $98 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,687/month

197 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Front Porch
  • Deck
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of June 2016

Spacious 2-story home in highly sought after location about 2 miles from Coleman Bridge. Walking distance to marina, restaurant, VIMS and Gloucester Point Beach. 4 generous sized bedrooms, 2 full baths, 1 half bath, large eat-in kitchen with breakfast nook and built-in desk. Light and airy great room with propane fireplace has access to half-bath off kitchen and deck for entertaining. Living and dining rooms for traditionalists. Huge master with large bath includes jetted tub and walk-in shower.

Last Listed By

Frank Johnson

Long & Foster Real Estate License #0225068908 Listed on: 10/08/2015

Long & Foster Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1998

Lot Details

  • Zoning described as SF-1

Parking

  • 1 Car Attached Garage
  • Oversized Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Window Treatments
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51-C10-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,757

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Property Attached Yn: No
  • Lot Size: 0.46 ac.+/-
  • Water Body Name: NONE
  • Co List Office Mls Id: cbra.499
  • Co List Office Phone: (804) 776-8100
  • Ownership: Individuals
  • Subdivision Name: NONE
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Insert
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Cable TV, Window Treatments
  • Living Area: 2646.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Oversized, Two Spaces

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Page

Lot Info

  • Parcel Number: 51-C10-2
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1757.0

MLS Schools

  • Elementary School: Achilles
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Macdonald Matthew G and Macdonald Alexandra D
Bought by
Myers Randall
Total Days on Market
197
Current Estimated Value
$452,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,993
Outstanding Balance
$384,743
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$41,975

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jun 3, 2016
Sold by
Mcmillan Carol S
Bought by
Macdonald Matthew G and Macdonald Alexandra D
Seller's Agent
Frank Johnson
Long & Foster Real Estate
Buyer's Agent
Jonathan Peebles
NextHome Coast To Country Real Estate
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$225,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Myers Randall $391,000 First American Title
Macdonald Matthew G $260,000 Blue Heron Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Randall $399,993
Previous Owner Macdonald Matthew G $225,000
Previous Owner Mcmillan Mr William F $120,000
Previous Owner Mcmillan William F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $260,000 0.0% $98 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
10/08/2015 10/08/15 For Sale $260,000 -- $98 / 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 $2,142 $361,290 $62,720 $298,570
2023 $2,142 $361,290 $62,720 $298,570
2022 $2,135 $290,510 $53,480 $237,030
2021 $2,048 $290,510 $53,480 $237,030
2020 $2,048 $290,510 $53,480 $237,030
2019 $1,794 $254,530 $55,620 $198,910
2017 $1,794 $254,530 $55,620 $198,910
2016 $1,906 $270,310 $55,620 $214,690
2015 $1,865 $276,000 $53,000 $223,000
2014 $1,822 $276,000 $53,000 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 118943

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22620