NOT LISTED FOR SALE

7871 Paynes Landing Rd Gloucester, VA 23061

Gloucester South Neighborhood

Estimated Value: $922,000 - $1,024,000

3 Beds
3 Baths
2,296 Sq Ft
$431/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $552,500 $241 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,605/month

Highlights

  • Pier or Dock
  • Home fronts navigable water
  • Home fronts a creek
  • Abingdon Elementary School Rated 9+
  • Water Access
  • 2.88 Acre Lot

About This Home

As of June 2019

Stunning Rancher along Wilson Creek with approximately 159' of frontage. Locally known as Mainy Manor. This waterfront retreat offers a Main home featuring 3 bedrooms and 3 baths. Grand Great Room with cathedral ceilings, Chef's quality kitchen w/impressive pantry, first floor Master Suite w/ walk-in closet, screened-in porch and large deck for entertaining. Tree lined walk-way to private pier. Adorable Guest cottage w/ an additional 1520 sq ft of living space offers 2 bedrooms and 2 baths Beautiful beamed ceilings, open concept living space and spacious loft. This stunning retreat is nestled on 2.88 acres offering all the benefits of waterfront living in a tranquil setting.

Last Agent to Sell the Property

Tracy Foster

Abbitt Realty Company, LLC License #0225020719 Listed on: 06/14/2018

Abbitt Realty Company, LLC

Last Buyer's Agent

Tracy Foster

Abbitt Realty Company, LLC License #0225020719 Listed on: 06/14/2018

Abbitt Realty Company, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 2005

Lot Details

  • 2.88 Acre Lot
  • Lot Dimensions are 174 x 688
  • Home fronts a creek
  • Home fronts navigable water

Home Design

  • Cottage
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,296 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Loft
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Accessible Home Design

  • Accessible Bedroom
  • Accessible Ramps

Outdoor Features

  • Water Access
  • Deck
  • Exterior Lighting

Schools

  • Botetourt Elementary School
  • Page Middle School
  • Gloucester High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Well
  • Propane Water Heater
  • Water Softener

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 040-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,318

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Zoning: C-2
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Ranch
  • Structure: Frame
  • Price Per Finished Sq Ft: 240.64
  • Appliances Equipment: Dishwasher, Microwave, Refrigerator, Smoke Alarm, Stove, Wall Oven, Water Softener, Generator, Range
  • Total Bathrooms: 3.00
  • Body Of Water: Wilson Creek
  • Building Structures: Cottage
  • County Or City: Gloucester
  • Disability Equip: Entry Level Bedrooms, Entry Ramp
  • Lot: 1
  • Parcel Number: 040-22
  • Siding: Vinyl
  • SP/ Sq Ft: 240.64
  • Wall Type: Drywall
  • Water Type: Access, Creek Frontage, Dock/Pier, MLW 2-4 Ft, Navigable
  • Year Built Description: Actual
  • Acres: 2.8800
  • Total Sq Ft: 2296
  • Year Built: 2005
  • Special Features: None
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Number of Rooms: 7
  • Basement Type: Crawl Space
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Attic: Pull Down
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Interior: 9 Ft + Ceilings, Other, Cathedral Ceiling, Ceiling Fan, Countertops - Granite/Stone, Double Vanity, Dryer Hookup, Loft, Pantry, Recessed Lighting, Skylight, Walk-In Closet, Washer Hookup
  • Number Of Levels: 1.50
  • Post Office: Gloucester

Exterior Features

  • Exterior: Deck, 06, Outdoor Lighting, Porch, Storm Doors, Back Porch, Screened Porch
  • Roof: Composite
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached, Pedestrian Door
  • Number Of Cars: 2
  • Parking: Circular Drive, Unpaved Driveway

Utilities

  • Heating Fuel: Electric, Propane Gas
  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Alternative Septic
  • Water: Well
  • Water Heater: Electric, Propane Gas

Schools

  • Elementary School: Botetourt
  • High School: Gloucester
  • Middle School: Page

Lot Info

  • Lot Dimensions: 174 x 688

Tax Info

  • Annual Taxes: 4318.00
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Apr 26, 2019
Sold by
Shelby Debra S
Bought by
West Kathryn L
Seller's Agent
Tracy Foster
Abbitt Realty Company, LLC
Buyer's Agent
Tracy Foster
Abbitt Realty Company, LLC
List Price
$582,000
Sold Price
$552,500
Premium/Discount to List
-$29,500
-5.07%
Current Estimated Value
$990,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,972
Avg. Annual Appreciation
9.53%
Original Mortgage
$442,000
Outstanding Balance
$387,002
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$603,470

Purchase Details

Closed on
Oct 19, 2005
Sold by
Ksi Properties Llc
Bought by
Shelby Melridge R and Shelby Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
West Kathryn L $552,500 1St Va Title & Escrow Llc
Shelby Melridge R $463,725 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Kathryn L $442,000
Previous Owner Shelby Melridge R $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $552,500 -5.1% $241 / Sq Ft
04/09/2019 04/09/19 For Sale $582,000 0.0% $253 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
11/13/2018 11/13/18 Price Changed $582,000 -3.0% $253 / Sq Ft
06/14/2018 06/14/18 For Sale $600,000 -- $261 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $4,738 $771,680 $270,450 $501,230
2024 $4,738 $771,680 $270,450 $501,230
2023 $4,499 $771,680 $270,450 $501,230
2022 $4,444 $613,000 $225,470 $387,530
2021 $4,260 $613,000 $225,470 $387,530
2020 $4,260 $613,000 $225,470 $387,530
2019 $725 $625,810 $250,570 $375,240
2017 $4,349 $625,810 $250,570 $375,240
2016 $3,986 $573,460 $254,570 $318,890
2015 $3,900 $543,500 $161,000 $382,500
2014 $3,533 $543,500 $161,000 $382,500
Source: Public Records

Agents Affiliated with this Home

  • Tracy Foster

    Seller's Agent in 2019

    Tracy Foster

    Abbitt Realty Company, LLC

    (804) 725-6603

    37 in this area

    353 Total Sales

    Tracy Foster
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1821790

Williamsburg Multiple Listing Service

APN: 14791

Virginia Gloucester County Gloucester 23061 Gloucester South

7871 Paynes Landing Rd, Gloucester, VA

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