NOT LISTED FOR SALE

8481 Will Loop King George, VA 22485

Estimated Value: $391,723

2 Beds
1 Bath
1,188 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $120,000 $101 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,200/month

107 Days on Market

Highlights

  • No HOA
  • Eat-In Country Kitchen
  • Forced Air Heating and Cooling System
  • 3 Car Detached Garage
  • Bungalow
  • Property is in very good condition

About This Home

As of December 2016

Cute, Well Maintained 2bed 1 bath Bungalow on 2 ac flat lot. Close to Dahlgren, Nice Bridge, Shopping, and Dinning. Shows very well. Being offered As Is.

Last Agent to Sell the Property

Andrea Wilkins

(540) 775-6555 butlergary24@gmail.com King George Realty Listed on: 07/28/2016

King George Realty

Last Buyer's Agent

Andrea Wilkins

(540) 775-6555 butlergary24@gmail.com King George Realty Listed on: 07/28/2016

King George Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $657

Year Built

  • Built in 1946

Lot Details

  • 2 Acre Lot
  • Property is in very good condition
  • Property is zoned A-2

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Flue
  • Window Treatments

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Schools

  • Potomac Elementary School
  • King George High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 26-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 1946

Lot Details

2 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Country, Kitchen - Eat-In, Window Treatments
  • Fireplace Features: Flue For Stove
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Concrete, Vinyl Siding
  • Pool Private: No
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: POTOMAC
  • High School: KING GEORGE

Lot Info

  • Improvement Assessed Value: 51200.00
  • Land Assessed Value: 56500.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: A-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16264041
  • Tax Annual Amount: 656.97
  • Assessor Parcel Number: 26-23
  • Tax Lot: 23
  • Tax Page Number: 161
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Dec 30, 2016
Sold by
The Estate Of Dorothy Virginia Ellis Dec
Bought by
Burrell Wayne and Allhouse Donald G
Seller's Agent
Andrea Wilkins
King George Realty
Buyer's Agent
Andrea Wilkins
King George Realty
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Current Estimated Value
$391,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,723
Avg. Annual Appreciation
13.66%
Original Mortgage
$108,000
Outstanding Balance
$88,541
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$303,182
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Burrell Wayne $120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrell Wayne $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $120,000 -14.3% $101 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/23/2016 10/23/16 Price Changed $140,000 -3.4% $118 / Sq Ft
07/28/2016 07/28/16 For Sale $145,000 -- $122 / Sq Ft
Source: Bright MLS

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 $1,289 $189,600 $65,000 $124,600
2024 $1,289 $189,600 $65,000 $124,600
2023 $1,289 $189,600 $65,000 $124,600
2022 $1,213 $189,600 $65,000 $124,600
2021 $836 $114,500 $56,500 $58,000
2020 $802 $114,500 $56,500 $58,000
2019 $802 $114,500 $56,500 $58,000
2018 $802 $114,500 $56,500 $58,000
2017 $754 $107,700 $56,500 $51,200
2016 $732 $107,700 $56,500 $51,200
2015 -- $107,700 $56,500 $51,200
2014 -- $107,700 $56,500 $51,200
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1003747271

Bright MLS

APN: 26-23

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