NOT LISTED FOR SALE

8162 Palmetto Rd Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $336,000 - $360,000

3 Beds
1.5 Baths
1,344 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $212,400 $158 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,965/month

4 Days on Market

Highlights

  • 5.6 Acre Lot
  • Deck
  • Shed
  • Colonial Architecture
  • Front Porch
  • Tile Flooring

About This Home

As of November 2019

Great opportunity for private serenity with great commute time. Nestled on over 5.8 Acres this updated home is a great getaway. Updated kitchen with dining room overlooking the wooded back yard. Enjoy your morning coffee on the front porch. Shed with storage. Come see today!

Last Agent to Sell the Property

Carlyn Menser

RE/MAX Connect License #0225104023 Listed on: 10/15/2019

RE/MAX Connect

Last Buyer's Agent

Sherry Kletzly

Shaheen Ruth Martin & Fonville License #0225191723

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1980

Lot Details

  • 5.6 Acre Lot
  • Zoning described as SC-1

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 019-86A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1980
  • Property Attached Yn: No
  • Lot Size Acres: 5.6
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted, Tile
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Refrigerator
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Living Area: 1344.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Aluminum Siding, Drywall, Frame
  • Exterior Features: Deck, Porch, Storage, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • 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: 019-86A
  • Zoning Description: SC-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1142.0

MLS Schools

  • Elementary School: Botetourt
  • High School: Gloucester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 18, 2019
Sold by
Cato James H
Bought by
Storms Kenneth Eugene and Kendrick Debra J
Seller's Agent
Carlyn Menser
RE/MAX Connect
Buyer's Agent
Sherry Kletzly
Shaheen Ruth Martin & Fonville
List Price
$209,900
Sold Price
$212,400
Premium/Discount to List
$2,500
1.19%
Total Days on Market
4
Current Estimated Value
$344,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,327
Avg. Annual Appreciation
8.00%
Original Mortgage
$202,730
Outstanding Balance
$181,082
Interest Rate
3.5%
Estimated Equity
$143,993

Purchase Details

Closed on
Aug 6, 2005
Sold by
Johnson Michael N
Bought by
Cato Ames H
Source: Public Records

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Range of Values:

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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
Storms Kenneth Eugene $212,400 Virginia Home Title
Cato Ames H $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storms Kenneth Eugene $202,730
Previous Owner Cato James H $125,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $212,400 +1.2% $158 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $209,900 -- $156 / 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 $1,617 $277,330 $64,100 $213,230
2023 $1,617 $277,330 $64,100 $213,230
2022 $1,360 $187,570 $67,600 $119,970
2021 $1,304 $187,570 $67,600 $119,970
2020 $1,304 $187,570 $67,600 $119,970
2019 $1,142 $164,290 $67,600 $96,690
2017 $1,142 $164,290 $67,600 $96,690
2016 $1,169 $168,170 $67,600 $100,570
2015 $1,144 $212,700 $78,000 $134,700
2014 $1,383 $212,700 $78,000 $134,700
Source: Public Records

Agents Affiliated with this Home

  • Carlyn Menser

    Seller's Agent in 2019

    Carlyn Menser

    RE/MAX

    2 in this area

    329 Total Sales

    Carlyn Menser
    Section Image
  • Sherry Kletzly

    Buyer's Agent in 2019

    Sherry Kletzly

    Shaheen Ruth Martin & Fonville

    (757) 897-2976

    100 Total Sales

    Sherry Kletzly
    Section Image
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1934241

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22781

Virginia Gloucester County Gloucester 23061 Ware Neck

8162 Palmetto Rd, Gloucester, VA

This home is located at 8162 Palmetto Rd, Gloucester, VA 23061 since 15 October 2019 and is currently estimated at $344,727, approximately $256 per square foot. This property was built in 1980. 8162 Palmetto Rd is a home located in Gloucester County with nearby schools including Botetourt Elementary School, Peasley Middle School, and Gloucester High School.

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