NOT LISTED FOR SALE

7857 Founders Mill Way Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $330,000 - $429,000

3 Beds
2.5 Baths
1,998 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $330,000 $165 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,289/month

76 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Deck
  • Separate Formal Living Room
  • Rear Porch

About This Home

As of December 2023

Highly desired Founders Mill neighborhood, spacious 1.05 acre setting, 3 Bedrooms, 2.5 baths, Bonus Room & attached 2 car garage make this a wonderful place to call home. Seller is offering $15,000 remodeling allowance so you pick your own colors & finishes. Very comfortable floor plan includes Living Room that adapts well to an at-home Office, formal Dining Room, large Kitchen with breakfast nook & bar, Den features gas log fireplace, guest half bath, Primary Owner's Suite offers walk-in closet & private ensuite Bathroom, 2 additional Bedrooms, shared hall full bath & Bonus Room. Fenced backyard for little ones & furry ones plus back deck for grilling & relaxing. Being sold as-is, however, seller will provide the standard inspection reports. Just needs your touch to be fabulous again!

Last Agent to Sell the Property

ReNaye Dame

Gloucester Realty Corporation Brokerage Phone: (804) 693-3032 License #0225026679 Listed on: 09/19/2023

Last Buyer's Agent

Julie d Crist

RE/MAX Capital License #0225065475

RE/MAX Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 2003

Lot Details

  • 1.05 Acre Lot
  • Privacy Fence
  • Chain Link Fence
  • Back Yard Fenced
  • Zoning described as SF-1

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Botetourt Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Founders Mill Subdivision

Listing and Financial Details

  • Tax Lot 231
  • Assessor Parcel Number 026C-2-231

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Property Attached Yn: No
  • Attribution Contact: (804) 693-3032
  • Lot Size Acres: 1.05
  • Ownership: Individuals
  • Subdivision Name: Founders Mill
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Fireplace, High Speed Internet, Laminate Counters, Bath in Primary Bedroom, Cable TV, Wired for Data, Walk-In Closet(s)
  • Living Area: 1998.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Back Yard, Chain Link, Fenced, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved, Two Spaces

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 026C-2-231
  • Zoning Description: SF-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1893.76
  • Tax Lot: 231

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 27, 2023
Sold by
James David L and James Marsha D
Bought by
Knowles Michael and Knowles Ryan
Seller's Agent
ReNaye Dame
Gloucester Realty Corporation
Buyer's Agent
Julie d Crist
RE/MAX Capital
List Price
$359,900
Sold Price
$330,000
Premium/Discount to List
-$29,900
-8.31%
Views
112
Current Estimated Value
$391,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,130
Avg. Annual Appreciation
7.74%
Original Mortgage
$264,000
Outstanding Balance
$260,894
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$113,985

Purchase Details

Closed on
Apr 26, 2011
Sold by
Freeseman Douglas D and Freeseman Siew C
Bought by
James David L and James Marsha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,057
Interest Rate
4.75%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 2006
Sold by
Prudential Relocation Inc
Bought by
Freeseman Douglas D and Freeseman Siew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Knowles Michael $330,000 Amtrust Title
James David L $239,900 --
Freeseman Douglas D $292,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowles Michael $264,000
Previous Owner James David L $245,057
Previous Owner Freeseman Douglas D $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $330,000 -8.3% $165 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $359,900 -- $180 / 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 $1,894 $324,830 $64,780 $260,050
2023 $1,894 $324,830 $64,780 $260,050
2022 $1,794 $247,430 $64,040 $183,390
2021 $1,720 $247,430 $64,040 $183,390
2020 $1,720 $247,430 $64,040 $183,390
2019 $1,558 $224,210 $64,080 $160,130
2017 $1,558 $224,210 $64,080 $160,130
2016 $1,643 $236,390 $75,640 $160,750
2015 $1,607 $262,800 $54,000 $208,800
2014 $1,708 $262,800 $54,000 $208,800
Source: Public Records

Agents Affiliated with this Home

  • ReNaye Dame

    Seller's Agent in 2023

    ReNaye Dame

    Gloucester Realty Corporation

    (804) 815-1400

    74 in this area

    374 Total Sales

    ReNaye Dame
    Section Image
  • Julie d Crist

    Buyer's Agent in 2023

    Julie d Crist

    RE/MAX

    (757) 871-2075

    1 in this area

    143 Total Sales

    Julie d Crist
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2322383

Chesapeake Bay & Rivers Association of REALTORS®

APN: 40444

Virginia Gloucester County Gloucester 23061 Ware Neck

7857 Founders Mill Way, Gloucester, VA

This home is located at 7857 Founders Mill Way, Gloucester, VA 23061 since 19 September 2023 and is currently estimated at $391,130, approximately $195 per square foot. This property was built in 2003. 7857 Founders Mill Way is a home located in Gloucester County with nearby schools including Botetourt Elementary School, Peasley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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