16 days on rocket

510 Cornwallis Ave, Locust Grove, VA, 22508

$387,500

0.31 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontLake
ViewGarden, Water
MLS #VAOR2006822
Lot Size0.31 Acres
StatusActive

About 510 Cornwallis Ave

Fantastic waterfront lot in a quiet cove location with great main lake views! Begin making plans to construct your dream home on a quiet street in amenity-rich Lake of the Woods! The decking at the water's edge has already been constructed, so you can enjoy the water during the construction phase! Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteer your time and talents...Lake of the Woods offers more than 60 clubs and organizations from Located in a private, gated, secure community, Lake of the Woods offers anything and everything you could want. Home to two lakes (the 550-acre main lake and a 35-acre "fishing lake"), a golf course, an equestrian center, a fire a

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Patricia Licata

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Garden, Water

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

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: From F'burg, Rt 3 West to left into Lake of the Woods. Through security, right on Lakeview to left on Constitution to left on Cornwallis to lot on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $387,500

Tax Information:

  • Annual Amount: $1,816
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$410K

Med. Price/SqFt

$201

Avg. Days On Market

49

# of Sold Homes

33

510 Cornwallis Ave vs Locust Grove

16 DAYS ON ROCKET

-33 Days

$387,500

-$22.5K Less

KEY TAKEAWAY

This property is $22.5K less than the Median Sold Price in Locust Grove, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAOR2006822

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Patricia Licata

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: 5/2/2024, 12:15:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 02, 2013Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,816$252,200
2019$1,666$207,300
2018$1,667$207,300
2017$1,667$207,300

History based on county public records data.

Payment Calculator

$2,001

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,228

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NMLS#3030

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-4724658
5
/10
  • Locust Grove Elementary School

  • 6368 Flat Run Rd

  • 1.91 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4724659
4
/10
  • Locust Grove Middle School

  • 6368 Flat Run Rd

  • 1.91 miles

  • Public District Grades 6-8

High School

school-card-donut-4724660
5
/10
  • Orange County High School

  • 201 Selma Rd

  • 19.06 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. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Cornwallis Ave

What is the listing price of this property?

The listing price of 510 Cornwallis Ave property is $387,500.

What type of property is this?

The property 510 Cornwallis Ave is land located in Locust Grove, Virginia, 22508.

Is this property for sale now?

Active Listing: 510 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 510 Cornwallis Ave are:
Locust Grove Elementary School: GreatSchools Rating 5/10
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 $1,816 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 2, 2013 for $195,000. (source: MLS/tax record).

How much acreage is this property?

The property 510 Cornwallis Ave is 0.31 acres.
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Rocket HomesVirginiaOrange CountyLocust Grove22508510 Cornwallis Ave

This home is located at 510 Cornwallis Ave in Locust Grove, VA and zip code 22508. This home sits on a 0.31 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $387,500.

While more than 11 listings in Locust Grove, VA in April 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 10 were sold below. Between March 2024 and April 2024, Locust Grove, VA real estate market has seen increase in the number of listings by 0.8%. In April 2024 median list price was $410,000 and the average listing age was 49 days.

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

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