NOT LISTED FOR SALE

Estimated Value: $394,350 - $410,000

5 Beds
3.5 Baths
2,564 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $325,000 $127 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,378/month

12 Days on Market

Highlights

  • Garage Apartment
  • Deck
  • Wood Flooring
  • 1.6 Acre Lot
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of December 2022

Two story, 2550 sq. ft. home on 1.6 acre less than 2 miles from Gloucester Courthouse offers loads of space and two primary bedroom en-suites, one down and one upstairs. 5 bedroom septic! 640 sq. ft. detached 2 car garage with 480 sq. ft apartment above. Bring your personal touch and care to this home.

Last Listed By

S Jean Pierce

RE/MAX Peninsula (Gloucester) Brokerage Phone: (757) 291-3402 License #0225075202 Listed on: 11/08/2022

RE/MAX Peninsula (Gloucester)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1977

Lot Details

  • 1.6 Acre Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as SC-1

Parking

  • 2 Car Garage
  • Garage Apartment
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Engineered Septic
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 19B
  • Assessor Parcel Number 025-31L

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,228

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1977
  • Property Attached Yn: No
  • Attribution Contact: (757) 291-3402
  • Lot Size Acres: 1.6
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, High Speed Internet, Main Level Primary, Solid Surface Counters, Wired for Data, Walk-In Closet(s)
  • Living Area: 2564.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Other Structures: Shed(s), Garage Apartment
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Detached, Garage, Off Street, Two Spaces

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Engineered Septic
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Peasley

Lot Info

  • Parcel Number: 025-31L
  • Zoning Description: SC-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2228.0
  • Tax Lot: 19B

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 15, 2022
Sold by
Wermter Carl
Bought by
Reed Jason and Woolard Tracey
Seller's Agent
S Jean Pierce
RE/MAX Peninsula (Gloucester)
Buyer's Agent
Stephanie Parady
Hometown Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Total Days on Market
12
Views
32
Current Estimated Value
$400,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,838
Avg. Annual Appreciation
9.29%
Original Mortgage
$308,750
Outstanding Balance
$301,190
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$99,648

Purchase Details

Listed on
Dec 17, 2017
Closed on
Mar 5, 2018
Sold by
Walker Jennifer L
Bought by
Wermter Carl and Wermter Sharlynne
Seller's Agent
Theresa Ashberry
Century 21 Nachman Realty
Buyer's Agent
Theresa Ashberry
Century 21 Nachman Realty
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$296,235
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Aug 16, 2016
Sold by
Walker Raymond L and Walker Jennifer L
Bought by
Walker Jennifer L

Range of Values:

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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
Reed Jason $325,000 Old Republic National Title
Wermter Carl $290,000 Viking Title & Escrow Llc
Walker Jennifer L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Jason $308,750
Previous Owner Wermter Carl $19,928
Previous Owner Wermter Carl $290,287
Previous Owner Wermter Carl $294,348
Previous Owner Wermter Carl $296,235
Previous Owner Walker Raymond L $192,000
Previous Owner Walker Raymond L $162,669
Previous Owner Walker Jennifer L $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $325,000 -7.1% $127 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $349,900 +20.7% $136 / Sq Ft
03/22/2018 03/22/18 Sold $290,000 0.0% $113 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
12/17/2017 12/17/17 For Sale $290,000 -- $113 / 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 $1,877 $322,000 $54,900 $267,100
2023 $1,877 $322,000 $54,900 $267,100
2022 $2,327 $321,000 $66,640 $254,360
2021 $2,231 $321,000 $66,640 $254,360
2020 $2,231 $321,000 $66,640 $254,360
2019 $2,051 $295,040 $66,640 $228,400
2017 $2,041 $293,610 $66,640 $226,970
2016 $2,105 $302,830 $76,160 $226,670
2015 $2,059 $258,100 $43,000 $215,100
2014 $1,678 $258,100 $43,000 $215,100
Source: Public Records

Agents Affiliated with this Home

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Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2230219

Chesapeake Bay & Rivers Association of REALTORS®

APN: 12950