7935 Founders Mill Way Gloucester, VA 23061
Ware Neck Neighborhood
4
Beds
2.5
Baths
2,308
Sq Ft
0.78
Acres
Highlights
- 100 Feet of Waterfront
- Colonial Architecture
- Pond
- Pier or Dock
- Deck
- Wood Flooring
About This Home
As of March 2021Like 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
Abbitt Realty Company, LLC License #0225020719 Listed on: 02/14/2018
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2021
Closed on
Mar 8, 2021
Sold by
Wilkins Keely
Bought by
Motley Ralph W and Motley Mary Beth
Seller's Agent
Melissa Guthrie
Garrett Realty Partners
Buyer's Agent
Kelcey Brock
NextHome Coast To Country Real Estate
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,934
Avg. Annual Appreciation
7.00%
Original Mortgage
$363,165
Outstanding Balance
$329,229
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$147,312
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
3.25%
Original Mortgage
$307,800
Interest Rate
4.45%
Mortgage Type
New Conventional
Similar Homes in Gloucester, VA
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $355,000 | The Closing Shop Llc | |
| Warranty Deed | $324,000 | Closing Edge Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $363,165 | New Conventional | |
| Previous Owner | $307,800 | New Conventional | |
| Previous Owner | $54,500 | No Value Available | |
| Previous Owner | $34,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2021 03/17/21 | Sold | $355,000 | -1.4% | $154 / Sq Ft |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- |
| 02/05/2021 02/05/21 | For Sale | $360,000 | +11.1% | $156 / 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
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 | $2,389 | $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
-
Seller's Agent in 2021
Melissa Guthrie
Garrett Realty Partners
(757) 880-1000
4 in this area
140 Total Sales
-
K
Buyer's Agent in 2021
Kelcey Brock
NextHome Coast To Country Real Estate
-
Seller's Agent in 2018
Tracy Foster
Abbitt Realty Company, LLC
(804) 725-6603
69 in this area
407 Total Sales
Map
Source: Williamsburg Multiple Listing Service
MLS Number: 1805145
APN: 40452
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