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2501 London Company Way

2501 London Company Way, Williamsburg, VA 23185
Property in James City
Sold Aug 13, 2018
$137,000
2501 London Company Way in Williamsburg, VA was first built in 1981 and is 43 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2501 London Company Way has 1,210 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,049 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2501 London Company Way sold most recently in Aug 7, 2018 for a total of $137,000. If you work out the math, that's approximately a cost of $113.22 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,235 in taxes each year. 2501 London Company Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,800. If we break it down further, the land itself was valued at $35,800. Improvements to the property, however, were assessed at a total of $113,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JAMESTOWN 1607
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-2501 S-C JAMESTOWN 1607

Ownership

  • Current Owner : ABRAMS SCOTT DOUGLAS
  • Current Owner 2: ABRAMS FELICIA DANIELLE LOWRANCE
  • Previous Owner : MERCER ANNE ELIZABETH
  • Previous Owner 2: SPITLER JOHN MARCUS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080308

Zoning

  • Zoning: R2 GENERAL

Geography

  • Assessors Map Reference: MAP PG 46-4
  • Account Number: 14482
  • Section: C
  • Parcel: 46-4 02-0-2501
  • Lot: 160
  • Municipality: BERKLEY
  • Latitude: 37.2375
  • Longitude: -76.7716

    Address

  • Full Address: 2501 London Company Way
  • Address - House Number: 2501
  • Address - Street Name: London Company
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R025
  • 4-Digit Zip Code: 7924
  • Zip Code: 23185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 218,061
  • High Value: 251,948
  • Low Value: 184,173

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $18,499
  • First Open Lien Mortgage Lender: NEWTOWNE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 13, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $13,518
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: NEWTOWNE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Aug 13, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $4,981
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $148,800
  • Market Land Value: $35,800
  • Market Improvement Value: $113,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,800
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $113,000

    Sales

  • Current Sale Contract Date: Aug 07, 2018
  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Transaction ID: 11501882453
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180013213

    Last Sale Mortgage

  • First Mortgage Lender: NEWTOWNE MORTGAGE
  • First Mortgage Transaction Date: Aug 13, 2018
  • First Mortgage Loan Amount: $13,518
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About James City



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Frequently Asked Questions

What neighborhood is 2501 London Company Way located in?
The 2501 London Company Way is a located in the neighborhood of James City in James City, Williamsburg.
What is the average sales price for listings in 2501 London Company Way?
The average sales price for units in 2501 London Company Way is $0 currently.

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