NOT LISTED FOR SALE

7953 Founders Mill Way Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $486,478 - $528,000

3 Beds
2.5 Baths
2,312 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $350,000 $151 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,647/month

11 Days on Market

Highlights

  • Waterfront
  • Pond
  • Wood Flooring
  • Deck
  • Transitional Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2020

Waterfront with pier!!! Peaceful living is what you will get here with this 3 Bedroom, 2.5 Bath home located on Cow Creek Mill Pond. Lower level offers wood floors, Formal Dining Room with tray ceiling, spacious Kitchen with nook and all the stainless steel appliances. Family Room with gas fireplace and built-ins. Second level offers generous sized Master Suite with updated Bath. Two additional Bedrooms and Bath. If you need additional space there is a Bonus Room on the 3rd floor. Like to entertain? You'll love this back yard! Landscaping, two tier deck, partially fenced back yard and pier! Just bring your paddle boat, kayak and water toys.

Last Agent to Sell the Property

Angie Wellman

Coldwell Banker Premier License #0225047373 Listed on: 05/07/2020

Coldwell Banker Premier

Last Buyer's Agent

Non-Member Non-Member

Williamsburg Multiple Listing Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 2002

Lot Details

  • 0.97 Acre Lot
  • Waterfront
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 2,312 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pond
  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 026C-2-241

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Zoning: SF-1
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Transitional
  • Structure: Frame
  • Price Per Finished Sq Ft: 151.38
  • Appliances Equipment: Dishwasher, Double Oven, Electric Cooking, Microwave, Refrigerator, Smoke Alarm, Water Softener
  • Total Bathrooms: 2.10
  • Body Of Water: Cow Creek Mill
  • Building Structures: Shed
  • County Or City: Gloucester
  • Parcel Number: 026C-2-241
  • Siding: Vinyl
  • SP/ Sq Ft: 151.38
  • Wall Type: Drywall
  • Water Type: Pond
  • Year Built Description: Actual
  • Acres: 0.9700
  • Total Sq Ft: 2312
  • Street View Param: 1$37.43867950334916$-76.49534270749608$116.33$13.33$1.00$1Gz_H5G4MKKq1-2iZaIScQ
  • Year Built: 2002
  • Special Features: None
  • Stories: 3
  • Year Built: 2002

Interior Features

  • Number of Rooms: 10
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Basement Type: Crawl Space
  • Flooring: Carpet, Tile, Wood
  • Attic: Access Panel
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathroom: 1
  • Interior: 9 Ft + Ceilings, Ceiling Fan, Countertops - Solid Surface, Dining Area, Dryer Hookup, Eat-In-Kitchen, Jetted Tub, Tray Ceiling, Walk-In Closet, Washer Hookup
  • Number Of Levels: 3.00
  • Post Office: Gloucester

Exterior Features

  • Fence: Part Fenced
  • Exterior: Deck
  • Roof: Composite
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2
  • Parking: Off Street, Paved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Hot Air, Zoned
  • Cooling: Central Air
  • Sewer: Conventional Septic
  • Water: Well
  • Water Heater: Electric

Schools

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

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 1901.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
May 22, 2020
Sold by
Babbs Bruce D and Babbs Melissa F
Bought by
Redding Samuel L and Redding Dana Christin
Seller's Agent
Angie Wellman
Coldwell Banker Premier
Buyer's Agent
Non-Member Non-Member
Williamsburg Multiple Listing Service
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$506,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,677
Avg. Annual Appreciation
7.03%
Original Mortgage
$362,600
Outstanding Balance
$319,993
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$189,877
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
Redding Samuel L $350,000 Hampton Roads Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redding Samuel L $362,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $350,000 0.0% $151 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $350,000 -- $151 / 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 $11 $416,080 $93,860 $322,220
2024 $11 $416,080 $93,860 $322,220
2023 $2,426 $416,080 $93,860 $322,220
2022 $2,121 $292,520 $74,210 $218,310
2021 $2,033 $292,520 $74,210 $218,310
2020 $1,948 $280,240 $74,210 $206,030
2019 $1,901 $273,580 $74,460 $199,120
2017 $1,901 $273,580 $74,460 $199,120
2016 $2,093 $301,220 $99,280 $201,940
2015 $2,048 $347,400 $108,000 $239,400
2014 $2,258 $347,400 $108,000 $239,400
Source: Public Records

Agents Affiliated with this Home

  • Angie Wellman

    Seller's Agent in 2020

    Angie Wellman

    Coldwell Banker Premier

    (757) 685-9721

    31 Total Sales

    Angie Wellman
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    VA_WMLS

See All Agents

Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2001827

Williamsburg Multiple Listing Service

APN: 40454

Virginia Gloucester County Gloucester 23061 Ware Neck

7953 Founders Mill Way, Gloucester, VA

Not Listed for Sale

Detached

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