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407 Cornwallis Ave, Locust Grove, VA, 22508

$375,000

Home List Price

$4,453*

Closing Credit

4 Bedrooms
3 Full Baths
2,288 SqFt
$164/SqFt
House

Location

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407 Cornwallis Ave, Locust Grove$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1983
HeatingElectric, Heat Pump, Wall Furnace
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceFlue Only, Glassed-in, One, Stone
ViewWater, Trees/Woods
MLS #VAOR2008176
Lot Size0.46 Acres
StatusActive

About 407 Cornwallis Ave

Nestled in a serene gated Lake of the Woods community, this beautiful 4-bedroom, 3-bathroom home sits on a private ½-acre lot, offering the perfect blend of luxury and nature. The updated modern kitchen, complete with sleek countertops, stainless steel appliances, and an open layout, is ideal for both casual dining and entertaining. Large windows bathe the space in natural light, while the adjacent wrap-around deck provides breathtaking views””perfect for morning coffee or evening relaxation. Inside, the spacious living room features a cozy wood-burning fireplace, creating a warm and inviting atmosphere. A main-level bedroom and full bathroom offer convenience and accessibility, while upstairs, the additional bedrooms are generously sized, providing comfort for family and guests. Step outside and enjoy the peaceful surroundings or take a short walk to the beach for a day of fun by the water. Whether you're enjoying the tranquility of your private lot or taking advantage of the endless amenities of this exclusive community, this home offers the perfect lakeside retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1983
  • Stories: 2
  • Living Area: 2,288 SqFt

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures, LLC
  • Listing Agent: Sarah Reynolds

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Flue Only, Glassed-in, One, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake
  • View: Water, Trees/Woods

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Wall Furnace
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Orange County High School, Public District Grades 9-12
  • Locust Grove Middle School, Public District Grades 6-8
  • Locust Grove Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Head west on VA-3 W, Turn left onto Lake of the Woods Way, Turn right onto Lakeview Pkwy, Turn left onto Constitution Blvd, Continue straight onto Cornwallis Ave, Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $164/SqFt

HOA Fees:

  • Amount: $173
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,350
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Locust Grove, VA.

Med. Sold Price

$411K

Med. Price/SqFt

$207

Avg. Days On Market

37

# of Sold Homes

37

407 Cornwallis Ave vs Locust Grove

6 DAYS ON ROCKET

-31 Days

$375,000

-$36K Less

$164/SqFt

-$43 Less

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $43/SqFt less than other homes in Locust Grove, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAOR2008176

Listing Office:

  • Office Name: Keller Williams Chantilly Ventures, LLC
  • Listing Agent: Sarah Reynolds

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' 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 provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,350$187,500
2019$1,364$169,700
2018$1,364$169,700
2017$1,364$169,700

History based on county public records data.

Payment Calculator

$2,112

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-505170
4
/10
  • Locust Grove Elementary School

  • 6368 Flat Run Rd

  • 1.87 miles

  • Public District Grades 3-5

Middle School

school-card-donut-505171
4
/10
  • Locust Grove Middle School

  • 6368 Flat Run Rd

  • 1.87 miles

  • Public District Grades 6-8

High School

school-card-donut-505172
5
/10
  • Orange County High School

  • 201 Selma Rd

  • 19.00 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,926. The most common annual income of people living in Locust Grove, VA is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 Cornwallis Ave

What is the listing price of this property?

The listing price of 407 Cornwallis Ave property is $375,000.

What type of property is this?

The property 407 Cornwallis Ave is a house located in Locust Grove, Virginia, 22508.

Is this property for sale now?

Active Listing: 407 Cornwallis Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 407 Cornwallis Ave are:
Locust Grove Elementary School: GreatSchools Rating 4/10
Locust Grove Middle School: GreatSchools Rating 4/10
Orange County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,350 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 Cornwallis Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 407 Cornwallis Ave is 2,288 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 Cornwallis Ave is 1983.

Rocket HomesVirginiaOrange CountyLocust Grove22508407 Cornwallis Ave

This home is located at 407 Cornwallis Ave in Locust Grove, VA and zip code 22508. This 2,288 square foot home, which was built in 1983, sits on a 0.46 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $375,000.

Locust Grove, VA housing market in September 2024 saw over 15 listings sold above listed price, more than 17 sold at listed price and over 5 sold below. In September 2024 in Locust Grove, VA there were 0.6% less homes for sale than in August 2024. The median list price of listings available in September 2024 was $411,000, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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