NOT LISTED FOR SALE

7856 Terrapin Cove Rd Gloucester Point, VA 23062

Estimated Value: $424,492 - $499,000

4 Beds
2.5 Baths
2,646 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 06, 2016

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

Est. 75% increase in value since last sale

Current estimated payment $2,690/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 Agent to Sell the Property

Frank Johnson

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

Long & Foster Real Estate

Co-Listed By

Elizabeth Johnson

Long & Foster Real Estate License #0225068909

Last Buyer's Agent

Jonathan Peebles

NextHome Coast To Country Real Estate License #0225074460

NextHome Coast To Country 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
Current Estimated Value
$454,623

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
$383,687
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$68,673

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
6.26%
Original Mortgage
$225,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

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 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

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

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 118943

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22620