NOT LISTED FOR SALE

7935 Founders Mill Way Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $471,962 - $537,000

4 Beds
2.5 Baths
2,308 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $324,000 $140 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,980/month

21 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Colonial Architecture
  • Pond
  • Pier or Dock
  • Deck
  • Wood Flooring

About This Home

As of May 2018

Like vacationing at home with spectacular views of Cow Creek Mill Pond! Enjoy fishing off your own dock or from your john-boat, left as a gift from the Seller! Private dock also makes launching your kayak/canoe a breeze! From the enormous 12x41 elevated deck you feel the peace & tranquility of the water. Lush, manicured lawn with in-ground sprinkler system for ease of upkeep. Everything about this home represents beauty and low maintenance so you can enjoy the serenity. 4 bedrooms--4th bedroom currently being used as office/library. Large spacious rooms, updated Kitchen with Corian counter-tops and tons of workspace and cabinet space. Cabinets are cherry stained to compliment hardwood floors and countertops. Jetted master tub. Elegant 2-story foyer opens to living area w/ wood fireplace (can easily be converted to gas). Low heating exp: (avg. $117/month). Propane gas is apprx. $500/year with fuel usually leftover. Attached 2-car gar. and detached 14'x14' workshop--heated and cooled!

Last Agent to Sell the Property

Tracy Foster

Abbitt Realty Company, LLC License #0225020719 Listed on: 02/14/2018

Abbitt Realty Company, LLC

Last Buyer's Agent

Melissa Guthrie

Garrett Realty Partners License #0225218778

Garrett Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 2003

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 100x318
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Irrigation

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,308 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Doors
  • Formal Dining Room
  • Workshop
  • Crawl Space
  • Pull Down Stairs to Attic
  • Stacked Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Pond
  • Deck
  • Exterior Lighting
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Generator Hookup
  • Well
  • Propane Water Heater
  • Water Softener
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 026C-2-239

Community Details

Overview

  • Property managed by Cow Creek Mill Pond HOA

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 2003

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Restrictions: Assoc Restrictions
  • Zoning: SF-1
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: 2-Story, Colonial
  • Structure: Frame
  • Price Per Finished Sq Ft: 140.38
  • Appliances Equipment: Dishwasher, Electric Cooking, Microwave, Smoke Alarm, Stove, Wall Oven, Water Softener, Generator Wired, Range
  • Total Bathrooms: 2.10
  • Body Of Water: CowCrkMillPond
  • Building Structures: Shed
  • County Or City: Gloucester
  • Lot: 239
  • Parcel Number: 026C-2-239
  • Siding: Vinyl
  • SP/ Sq Ft: 140.38
  • Wall Type: Drywall
  • Water Type: Dock/Pier, Navigable, Pond
  • Year Built Description: Actual
  • Acres: 0.7800
  • Total Sq Ft: 2308
  • Street View Param: 1$37.438155$-76.50115900000003$65.72$13.33$1.00$3LPolYQxaVn15nAc99yIsA
  • Year Built: 2003
  • Special Features: None
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Number of Rooms: 8
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Basement Type: Crawl Space
  • Flooring: Carpet, Vinyl, Wood
  • Attic: Pull Down
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathroom: 1
  • Interior: 9 Ft + Ceilings, Other, Ceiling Fan, Countertops - Solid Surface, Double Vanity, Eat-In-Kitchen, Formal Dining Room, Island, Jetted Tub, Stack Wshr/Dryer Hookup, Walk-In Closet, Workshop
  • Number Of Levels: 2.00
  • Post Office: Gloucester

Exterior Features

  • Frontage Road: 100
  • Exterior: Deck, 06, Insulated Doors, Irrigation System, Out Building, Outdoor Lighting, Porch, Storm Doors, Front Porch, Back Porch
  • Roof: Composite
  • Waterfront: Yes
  • Water Frontage: 100.0000

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Propane Gas
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Propane Gas

Condo/Co-op/Association

  • Amenities: Other
  • Fee: 189.00
  • Fee Period: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: 100x318

Multi Family

  • Management Firm: Cow Creek Mill Pond HOA

Tax Info

  • Annual Taxes: 1968.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Wilkins Keely
Bought by
Motley Ralph W and Motley Mary Beth
Current Estimated Value
$515,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,165
Outstanding Balance
$324,811
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$190,430

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 1, 2018
Sold by
Estes James C and Estes Joann E
Bought by
Richmond Keely Marie
Seller's Agent
Tracy Foster
Abbitt Realty Company, LLC
Buyer's Agent
Melissa Guthrie
Garrett Realty Partners
List Price
$325,000
Sold Price
$324,000
Premium/Discount to List
-$1,000
-0.31%

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
$307,800
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Motley Ralph W $355,000 The Closing Shop Llc
Richmond Keely Marie $324,000 Closing Edge Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motley Ralph W $363,165
Previous Owner Richmond Keely Marie $307,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $324,000 -0.3% $140 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $325,000 -- $141 / 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 $2,516 $409,780 $86,640 $323,140
2024 $2,516 $409,780 $86,640 $323,140
2023 $2,389 $409,780 $86,640 $323,140
2022 $2,103 $290,040 $70,790 $219,250
2021 $2,016 $290,040 $70,790 $219,250
2020 $2,016 $290,040 $70,790 $219,250
2019 $1,968 $283,120 $71,040 $212,080
2017 $1,968 $283,120 $71,040 $212,080
2016 $2,102 $302,390 $94,720 $207,670
2015 $2,056 $351,900 $108,000 $243,900
2014 $2,287 $351,900 $108,000 $243,900
Source: Public Records

Agents Affiliated with this Home

  • Tracy Foster

    Seller's Agent in 2018

    Tracy Foster

    Abbitt Realty Company, LLC

    (804) 725-6603

    63 in this area

    345 Total Sales

    Tracy Foster
    Section Image
  • Melissa Guthrie

    Buyer's Agent in 2018

    Melissa Guthrie

    Garrett Realty Partners

    (757) 880-1000

    4 in this area

    142 Total Sales

    Melissa Guthrie
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1805145

Williamsburg Multiple Listing Service

APN: 40452

Virginia Gloucester County Gloucester 23061 Ware Neck

7935 Founders Mill Way, Gloucester, VA

Not Listed for Sale

Detached

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