Back 116 Monroe Street
Off Market

116 Monroe Street

Lake of the Woods VA 22508

2
2
1026 sq. ft.
Single-Family
Last sold for $245,000
Kathleen ThompsonKathleen Thompson, last sold this property on 23 June 2025 after 361 days on market.

Overview

Investors!! This property has been a successful rental for the last several years. Was leased at 1,800 per month 2 years ago. Could lease for more now! Needs some cosmetic TLC Lots of potential Roof 10 years Hvac 9 Years FIREPLACE being Sold AS Is Seller never used and has No knowledge of working order Welcome to this adorable 2-bedroom, 2 -bath vintage-style cottage nestled in the sought-after, amenity-rich Lake of the Woods community! This cozy and character-filled home offers a warm and inviting atmosphere perfect for full-time living or a weekend retreat. Enjoy a bright, open layout with two generously sized bedrooms, two full baths, and charming cottage details throughout. Step outside to embrace everything this vibrant gated community has to offer””boating, swimming, canoeing, golf, a full gym, pickleball courts, playgrounds, and two sparkling pools. Conveniently located near the back gate for easy access to Walmart, Route 20, and local shops and dining, this gem offers the perfect balance of peaceful living and modern convenience. Don't miss your chance to own a piece of paradise in Lake of the Woods!

Features

2 bedrooms
2 bathrooms
1026 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lake of the Woods over the last 12 months, the estimated median property value of 116 Monroe Street is $271.5k.

Median value
$271.5k
Estimated value range
$155k - $350k
Median days on market
32
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lake of the Woods. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 Monroe Street

2025
Sold
$245,000
23 Jun 2025 by Kathleen Thompson, of Samson Properties

Happy sellers in Lake of the Woods

<50%
Less than 50% of sellers in Lake of the Woods reported that their sale price either exceeded or met their price expectations.

Lake of the Woods stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Lake of the Woods over the last 12 months.

Local market activity for 2 bedroom single-family properties in Lake of the Woods

In the last 12 months, 7 two-bedroom single-family properties similar to 116 Monroe Street, have been sold.

This represents a 12% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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