NOT LISTED FOR SALE

8711 Exchange Ln Gloucester, VA 23061

Ware Neck Neighborhood

Estimated Value: $1,212,000 - $1,932,480

4 Beds
4 Baths
4,040 Sq Ft
$371/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $2,000,000 $495 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $8,567/month

933 Days on Market

Highlights

  • Boathouse
  • Guest House
  • River Front
  • Docks
  • Home fronts a creek
  • Colonial Architecture

About This Home

As of January 2014

Exchange,c.1720 is a beautifully restored, historic, waterfront home on 7.85 acres with English boxwoods,ancient trees and lovely gardens.The exterior is wood siding with brick gabled ends laid in Flemish bond.It features an English basement, Welsh slate roof & 8 fireplaces. Heavy crown moldings, wainscoting & portrait windows accentuate the interior. Beautiful updated kitchen has brick fireplace,double wall ovens,Subzero fridge. Guesthouse,pool,3-bay garage,boathouse and lift on North River.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,925

Year Built

  • Built in 1720

Lot Details

  • Home fronts a creek
  • River Front
  • Property is Fully Fenced
  • Zoning described as C-2

Parking

  • 4 Car Detached Garage
  • Workshop in Garage

Home Design

  • Colonial Architecture
  • Brick or Stone Mason
  • Fire Rated Drywall
  • Slate Roof
  • Metal Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Window Treatments
  • Formal Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Docks
  • Deck

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Radiator
  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,925

Year Built

Built in 1720

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Fencing: Full
  • Lot Size: 7.85 ac. +/-
  • View: Water
  • Has View?: Yes
  • Water Body Name: NORTH RIVER
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: cbra.159
  • Subdivision Name: NONE
  • Directions: From Gloucester Court House, take Rt.14 East for 3.3 miles, turn right on Rt. 680 (Exchange Lane), and go 1.3 miles to end of state maintenance. Exchange is on left.
  • Architectural Style: Colonial
  • Basement: Full
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 4040.0
  • Year Built: 1720
  • Property Sub Type Additional: Single Family Residence
  • Water Heater: Electric
  • RecordSignature: 1005293134
  • Below Grade Unfinished Area: 1400.0
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Refrigerator, Range Hood, Washer
  • Other Equipment: Generator, Satellite Dish
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 688.0
  • Fireplaces: 3
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Separate/Formal Dining Room, Eat-in Kitchen, Window Treatments
  • Total Bedrooms: 13
  • Stories: 3
  • Stories: 3
  • Window Features: Window Treatments

Exterior Features

  • Pool Features: None
  • Waterfront Features: Creek, River Front
  • Waterfront?: Yes
  • Construction Type: Brick, Drywall, Plaster, Wood Siding
  • Exterior Features: Dock
  • Other Structures: Boat House, Guest House
  • Patio And Porch Features: Deck
  • Roof: Metal, Slate

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 4.0
  • Has Attached Garage?: Yes
  • Parking Features: Detached, Garage, Other, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump, Radiator(s)
  • Heating Yn: Yes

Lot Info

  • Zoning Description: C-2

Tax Info

  • Tax Annual Amount: 6925.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Martin Claude G and Martin Jane L
Bought by
Applegate Christopher G and Applegate Eugenie M
Current Estimated Value
$1,497,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$349,565
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,147,595
Source: Public Records
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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
Applegate Christopher G $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Applegate Christopher G $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $2,000,000 0.0% $495 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
05/16/2011 05/16/11 For Sale $2,000,000 -- $495 / 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
2025 $8,951 $1,457,870 $589,680 $868,190
2024 $8,951 $1,457,870 $589,680 $868,190
2023 $8,499 $1,457,870 $589,680 $868,190
2022 $10,401 $1,434,600 $551,870 $882,730
2021 $9,970 $1,434,600 $551,870 $882,730
2020 $9,970 $1,434,600 $551,870 $882,730
2019 $13,103 $1,885,280 $571,000 $1,314,280
2017 $13,103 $1,885,280 $571,000 $1,314,280
2016 $12,439 $1,789,740 $756,840 $1,032,900
Source: Public Records

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 105704

APN: 32661

Virginia Gloucester County Gloucester 23061 Ware Neck

8711 Exchange Ln, Gloucester, VA

Not Listed for Sale

Detached

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