NOT LISTED FOR SALE

7880 Paynes Landing Rd Gloucester, VA 23061

Gloucester South Neighborhood

Estimated Value: $503,000 - $540,000

2 Beds
2 Baths
1,224 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $495,000 $404 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,940/month

1 Day on Market

Highlights

  • Boathouse
  • Water Views
  • Boat Ramp
  • Abingdon Elementary School Rated 9+
  • Boat Dock
  • Boat Lift

About This Home

As of August 2024

Park-like A-Frame cottage overlooking Wilson Creek , just off the Ware River. Sit on your private sunporch, deck, and gazebo to watch the birds, wildlife, and get back to nature. Separate two-car garage with upstairs workshop/storage and single garage for car, mower or more. This is a great place to boat, kayak, and enjoy the river life you've been dreaming of. Property includes pier and covered boat lift. Breathtaking sunrise views and much more. This won't last long!
House is ready for some tender loving care and is being sold "As is-Where Is."

Last Agent to Sell the Property

Nina Watkins

Isabell K. Horsley Real Estate License #0225250700 Listed on: 07/08/2024

Co-Listed By

Diana Wolfson

IsaBell K. Horsley Real Estate License #0225230740

Last Buyer's Agent

Susan Ford

RE/MAX Capital License #0225154293

RE/MAX Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1979

Lot Details

  • 1.37 Acre Lot
  • Home fronts a creek
  • Wooded Lot
  • Zoning described as C-2

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • A-Frame Home
  • Cottage
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Sliding Doors
  • Dining Area
  • Loft
  • Workshop
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Boat Lift
  • Boat Ramp
  • Boathouse
  • Docks
  • Dock Available
  • Balcony
  • Deck
  • Exterior Lighting
  • Gazebo
  • Shed
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Community Details

  • Boat Dock

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 040A-1-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Property Attached Yn: No
  • Lot Size Acres: 1.37
  • Lot Size: 59,677.
  • Water Body Name: Wilson Creek
  • Co List Office Mls Id: cbra.446
  • Co List Office Phone: (804) 435-2644
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1224.0
  • Architectural Style: A-Frame, Bungalow, Cottage, Two Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Partially Carpeted, Tile, Wood
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Smooth Cooktop, Water Softener, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Electric, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Fireplace, Laminate Counters, Loft, Main Level Primary, Cable TV, Workshop
  • Living Area: 1224.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Lot Features: Wooded, Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Creek, Dock Access, Mooring, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Boat Lift, Deck, Dock, Lighting, Porch, Storage, Shed
  • Foundation Details: Slab
  • Other Structures: Boat House, Garage(s), Shed(s), Gazebo
  • Patio And Porch Features: Balcony, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Covered, Detached, Garage, Off Street, Oversized, Storage, Workshop in Garage

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Dock

Schools

  • Middle Or Junior School: Page

Lot Info

  • Parcel Number: 040A-1-1
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2298.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 28, 2024
Sold by
Johnson Moss Lori Ann and David R Johnson Revocable Trust
Bought by
Fehan Richard and Fehan Leslie
Seller's Agent
Nina Watkins
Isabell K. Horsley Real Estate
Buyer's Agent
Susan Ford
RE/MAX Capital
List Price
$495,000
Sold Price
$495,000
Views
9
Current Estimated Value
$520,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,455
Avg. Annual Appreciation
4.84%
Original Mortgage
$396,000
Interest Rate
6.77%
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
Fehan Richard $495,000 Amtrust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fehan Richard $330,000
Closed Fehan Richard $396,000
Previous Owner Johnson David R $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $495,000 0.0% $404 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $495,000 -- $404 / 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 $2,298 $387,520 $159,160 $228,360
2023 $2,298 $387,520 $159,160 $228,360
2022 $1,872 $254,690 $97,690 $157,000
2021 $1,796 $254,690 $97,690 $157,000
2020 $1,796 $254,690 $97,690 $157,000
2019 $1,848 $262,190 $108,850 $153,340
2017 $1,848 $262,190 $108,850 $153,340
2016 $1,825 $258,870 $108,850 $150,020
2015 $1,786 $252,300 $75,500 $176,800
2014 $1,665 $252,300 $75,500 $176,800
Source: Public Records

Agents Affiliated with this Home

  • Nina Watkins

    Seller's Agent in 2024

    Nina Watkins

    Isabell K. Horsley Real Estate

    (804) 642-2826

    6 in this area

    17 Total Sales

    Nina Watkins
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Diana Wolfson

    IsaBell K. Horsley Real Estate

    (940) 395-1775

    3 in this area

    91 Total Sales

    Diana Wolfson
    Section Image
  • Susan Ford

    Buyer's Agent in 2024

    Susan Ford

    RE/MAX Capital

    (804) 815-0333

    1 in this area

    8 Total Sales

    Susan Ford
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2417657

Chesapeake Bay & Rivers Association of REALTORS®

APN: 32465

Virginia Gloucester County Gloucester 23061 Gloucester South

7880 Paynes Landing Rd, Gloucester, VA

This home is located at 7880 Paynes Landing Rd, Gloucester, VA 23061 since 08 July 2024 and is currently estimated at $520,455, approximately $425 per square foot. This property was built in 1979. 7880 Paynes Landing Rd is a home located in Gloucester County with nearby schools including Abingdon Elementary School, Page 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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