NOT LISTED FOR SALE

7990 Ark Rd Gloucester, VA 23061

Estimated Value: $158,000 - $412,000

4 Beds
2 Baths
2,515 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2016

Last sale price $25,000 $10 Per Sq Ft

Est. 1,037% increase in value since last sale

Current estimated payment $1,569 / mo

188 Days on Market

About This Home

As of March 2016

Unique historic property almost as old as Gloucester county features wood floors and plaster walls.

Last Agent to Sell the Property

Rob White

Rob White Realty, LLC License #0225188839 Listed on: 08/05/2015

Last Buyer's Agent

Tracy Foster

Abbitt Realty Company, LLC License #0225020719

Abbitt Realty Company, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1670

Lot Details

  • 1 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Cape Cod Architecture
  • Plaster Walls
  • Asphalt Shingled Roof

Interior Spaces

  • 2,515 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • No Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bethel Elementary School
  • Peasley Middle School
  • Gloucester High School

Utilities

  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 024 34D

Home Details

Home Type

Single Family

Year Built

Built in 1670

Lot Details

1 Acres

Listing Details

  • Restrictions: Designated Historic
  • Zoning: SC-1
  • Property Type: Residential
  • Property Sub Type: Detached
  • Style: Cape
  • Price Per Finished Sq Ft: 9.94
  • Total Bathrooms: 2.00
  • County Or City: Gloucester
  • Parcel Number: 024 34D
  • SP/ Sq Ft: 9.94
  • Wall Type: Plaster
  • Acres: 1.0000
  • Res Type: Res-Single Family
  • Total Sq Ft: 2515
  • Year Built: 1670
  • Special Features: None
  • Stories: 2

Interior Features

  • Number of Rooms: 7
  • Basement Type: Basement-Partial
  • Flooring: Vinyl, Wood
  • Attic: No Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Number Of Levels: 1.50
  • Post Office: Gloucester

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Number Of Parking Spaces Available: 1

Utilities

  • Sewer: Conventional Septic
  • Water: Well

Schools

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

Rental Info

  • Deposit: 1000
  • Minimum Deposit: 1000

Tax Info

  • Annual Taxes: 1101.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Apr 12, 2016
Sold by
Morton Kenneth L
Bought by
Sleeper Jay R and Sleeper Sharon S
Seller's Agent
Rob White
Rob White Realty, LLC
Buyer's Agent
Tracy Foster
Abbitt Realty Company, LLC
List Price
$101,900
Sold Price
$25,000
Premium/Discount to List
-$76,900
-75.47%
Current Estimated Value
$284,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,191
Avg. Annual Appreciation
27.27%
Original Mortgage
$45,000
Outstanding Balance
$35,605
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Estimated Equity
$248,586

Purchase Details

Listed on
Aug 5, 2015
Closed on
Mar 1, 2016
Sold by
Bank Of New York Mellon As Trustee
Bought by
Morton Kenneth L
Seller's Agent
Rob White
Rob White Realty, LLC
Buyer's Agent
Tracy Foster
Abbitt Realty Company, LLC
List Price
$101,900
Sold Price
$25,000
Premium/Discount to List
-$76,900
-75.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$35,605
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Estimated Equity
$248,586
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sleeper Jay R $50,000 First Virginia Title&Escrow
Morton Kenneth L $25,000 First Virginia Title&Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sleeper Jay R $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $25,000 -75.5% $10 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
08/05/2015 08/05/15 For Sale $101,900 -- $41 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $873 $142,250 $61,200 $81,050
2024 $873 $142,250 $61,200 $81,050
2023 $829 $142,250 $61,200 $81,050
2022 $924 $127,430 $45,000 $82,430
2021 $886 $127,430 $45,000 $82,430
2020 $886 $127,430 $45,000 $82,430
2019 $780 $112,170 $43,750 $68,420
2017 $780 $112,170 $43,750 $68,420
2016 $791 $113,760 $35,000 $78,760
2015 $1,195 $169,500 $38,000 $131,500
2014 $1,102 $169,500 $38,000 $131,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rob White

    Rob White Realty, LLC

    Section Image
  • Tracy Foster

    Buyer's Agent in 2016

    Tracy Foster

    Abbitt Realty Company, LLC

    (804) 725-6603

    40 in this area

    321 Total Sales

    Tracy Foster
    Section Image
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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 30047399

Williamsburg Multiple Listing Service

APN: 28761

Virginia Gloucester County Gloucester 23061

7990 Ark Rd, Gloucester, VA

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.

Williamsburg Multiple Listing Service 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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