For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
James City 23188
121 Montrose
$539,000
● House - Off Market

121 Montrose

Williamsburg, VA 23188
bedrooms
3 Beds
bathrooms
2 Baths
$535,981
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

The best in downsizing opportunities! Completely renovated all brick rancher offers fabulous one floor living, fresh updates throughout, plus a screened porch and deck. The kitchen has been completely updated to include granite counters, brand new Viking range, new Viking hood, newer refrigerator, and dishwasher. The breakfast area offers a sunny bay window. The spacious great room features a masonry/ gas fireplace and vaulted ceiling. Dining room with bay window could also be an office or 'flex' room. Primary bedroom with 2 closets and beautiful updated tiled bath. With a split bedroom floorplan, there are 2 additional bedrooms that share an updated hall bath. Outdoor living spaces include a large screened porch and deck. Easy low maintenance living in Ford's Colony!!
Unit Size
-
Days on Market
72 days
Land Size
0.45 acres
Price per sqft
-
Property Type
House
Property Taxes
$236
HOA Dues
$188
Year Built
1988

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2313009)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
May 30, 2023 Listed by Liz Moore & Associates $539,000
Listed by Liz Moore & Associates
Aug 18, 2022 Sold
Premium
Sold
Aug 10, 2022 No longer available -
No longer available
Jul 6, 2022 Price Decreased $529,900
↓ $20K (3.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,471
  • Total Building Area: 1,838
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORD'S COLONY
  • Land Acres: 0000000447
  • Standard Land Use Code: 1001
  • County Land Use Code: 502
  • Legal Description 1: L-162 S-2 FORD'S COLONY

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080207

Zoning

  • Zoning: R4 RESIDEN

Geography

  • Assessors Map Reference: MAP PG 37-2
  • Account Number: 12936
  • Section: 2
  • Parcel: 37-2 02-0-0162
  • Lot: 162
  • Municipality: POWATAN
  • Latitude: 37.2924
  • Longitude: -76.7807

    Address

  • Full Address: 121 Montrose
  • Address - House Number: 121
  • Address - Street Name: Montrose
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R015
  • 4-Digit Zip Code: 7402
  • Zip Code: 23188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,224
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1116
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 88
  • Final Value: 527,683
  • High Value: 586,597
  • Low Value: 468,769

    Market Valuation

  • Market Total Value: $358,100
  • Market Land Value: $78,900
  • Market Improvement Value: $279,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,100
  • Assessed Land Value: $78,900
  • Assessed Improvements Value: $279,200

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 8593
  • Previous Sale Recording Date: Aug 18, 2022
  • Previous Sale Contract Date: Aug 04, 2022
  • Previous Sale Amount: $529,900
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About James City

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3367 ft²

Average Home Age

18.1 years

Currently For Sale

58 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Deelyn Robinson, Liz Moore & Associates
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2313009
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 121 Montrose built and last sold?
The property at 121 Montrose was built in 1988 and last sold on Aug 9, 2023 for $539,000.
How much is this home worth?
The estimated value of the home located at 121 Montrose is $544,390.
What are some comparable homes to 121 Montrose?
There are currently no comparable homes to 121 Montrose.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
James City Homes for Sale
James City Houses for Sale
James City Condos for Sale
James City Townhouses for Sale
James City Land for Sale
James City Commercial for Sale
James City Homes with Basements
James City Homes with Pools
Nearby Cities
Newport News Homes for Sale
Hampton Homes for Sale
Williamsburg Homes for Sale
Gloucester Point Homes for Sale
Smithfield Homes for Sale
Carrollton Homes for Sale
West Point Homes for Sale
Gloucester Courthouse Homes for Sale
Nearby Property Records
James City County, VA Property Records
Williamsburg city, VA Property Records
New Kent County, VA Property Records
Surry County, VA Property Records
Gloucester County, VA Property Records
Charles City County, VA Property Records
York County, VA Property Records
Middlesex County, VA Property Records
Neighborhoods
Wythe Real Estate
Farmington Real Estate
Buckroe Beach Real Estate
Willow Oaks Real Estate
Fox Hill - Grandview Real Estate
Kiln Creek Real Estate
Pheobus Real Estate
Briarfield Real Estate
Nearby Counties
Newport News Homes for Sale
Hampton Homes for Sale
York Homes for Sale
Gloucester Homes for Sale
New Kent Homes for Sale
Isle of Wight Homes for Sale
Lancaster Homes for Sale
Prince George Homes for Sale
Top Real Estate Agents
Top Agents in James City
Top Agents in Newport News
Top Agents in Newport News
Top Agents in Hampton
Top Agents in Hampton
Top Agents in 23188
Top Agents in 23185
Top Agents in York