2 months on rocket

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

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.

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Locust Grove, VA

City

Med. Sold Price

$420K

Med. Price/SqFt

$209

Avg. Days On Market

43

# of Sold Homes

55

407 Cornwallis Ave vs Locust Grove

67 DAYS ON ROCKET

+24 Days

$375,000

-$45K Less

$164/SqFt

-$46 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $46/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: 12/21/2024, 9:20:51 PM 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.

Nearby Schools

school-card-donut-792327
4
/10

  • Locust Grove Elementary School

  • 31208 Constitution Hwy

  • 4.43 miles

  • Public District Grades 3-5

school-card-donut-792328
7
/10

  • Brock Road Elementary School

  • 10207 Brock Rd

  • 6.09 miles

  • Public District Grades PK-5

school-card-donut-792329
5
/10

  • Wilderness Elementary School

  • 11600 Catharpin Rd

  • 8.88 miles

  • Public District Grades PK-5

All data from GreatSchools

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 majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

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 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 Homes›Virginia›Orange County›Locust Grove›22508›407 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.

In November 2024 more than 13 listings in Locust Grove, VA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 23 were sold below. Between October 2024 and November 2024, Locust Grove, VA real estate market has seen decrease in the number of listings by 3%. In November 2024 median list price was $420,000 and the average listing age was 43 days.

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

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