Open House Sat, Oct 3rd 1:00 PM - 4:00 PM - Primary on Main
Address
7462 Buchanan Drive, King George, VA
Price
$ 419,000
Property Attributes
- MLS#VAKG2008940
- TypeSingle Family
- Listing Status ACTIVE
- CountyKING GEORGE
- CityKing George
- NeighborhoodPresidential Lakes
- Zip22485
- StyleRanch/Rambler
- Year Built2001
- Taxes$ 2383
- Price$ 419,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3136
- Lot Size0.61 Acres
Data Source:
Bright MLS
Property Description
RARE OPPORTUNITY ASSUMABLE 3% FHA LOAN! Take advantage of an incredible opportunity to assume the sellers 3% FHA mortgage with an approximate remaining loan balance of $269,000, subject to lender approval and FHA assumption requirements. WELCOME HOME TO PRESIDENTIAL LAKES! With approximately 3,136 square feet, this spacious 3-bedroom, 2-full-bath home offers plenty of room to spread out, entertain, work from home, and enjoy the lake-community lifestyle! The main level features 3 bedrooms, 2 full bathrooms, an office area, laundry room, open living room, spacious kitchen with table space, and newer Pergo flooring. Sliding glass doors lead to a wooden deck overlooking the backyard, where you can relax and enjoy the peaceful, wooded surroundings. And theres even more space downstairs! The full finished basement features a large open recreation area plus two additional rooms offering endless possibilities for a home office, gym, media room, hobby space, storage, or NTC bedroom space. A set of double doors provides a convenient walk-out entrance/exit on the side of the home. Major updates add even more value, including a roof that is only approximately 2 years old, a newer water heater, and recently serviced HVAC. Outside, the paved circular driveway provides plenty of parking and easy access. But this home is about more than just the house its the LIFESTYLE! Presidential Lakes offers access to three lakes, perfect for fishing, canoeing, kayaking, or simply enjoying the outdoors. Community amenities include a swimming pool, clubhouse, basketball courts, tennis court, tot playground, children's playground, picnic pavilions, beach and walking trails. LIVE LIKE YOURE ON VACATION YEAR-ROUND! Enjoy the peaceful lake-community setting while remaining convenient to shopping, schools, restaurants, the U.S. Post Office, and commuter routes. The home is approximately 12 miles from Dahlgren, 15 miles from US-301, 18 miles from Fredericksburg and I-95, and 43 miles from Quantico. SPACE. AMENITIES. LAKE LIFE. AND A 3% ASSUMABLE FHA LOAN opportunities like this dont come along every day!
| Price History | |
|---|---|
| 9/26/2026 | Listed $419,000 |
General Features
| Living Area | 3136 |
|---|---|
| Sewer | On Site Septic |
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Possession | Settlement |
| Roof | Architectural Shingle |
| Zoning | R-1 |
| HOA Fee | 1350.00 |
| Patio/Porch Features | Deck(s) |
| Architectural Style | Ranch/Rambler |
| Construction Materials | Vinyl Siding |
| School District | KING GEORGE COUNTY PUBLIC SCHOOLS |
| Year Built | 2001 |
| Levels | 2 |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | KING GEORGE |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | PRESIDENTIAL LAKES |
| Garage Y/N | No |
| Water Access Y/N | Yes |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 2 |
| Status | ACTIVE |
| Directions | GPS |
| City | KING GEORGE |
| Disclosures | Prop Disclosure |
| Association Name | PRESIDENTIAL LAKES POA |
| Senior Community Y/N | No |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 26397.00 |
| Tax Assessed Value | 350400.0 |
| Tax Annual Amount | 2383.0 |
| Home Warranty Y/N | No |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Full Main Level | 2 |
| Bathrooms Count Main Level | 2.00 |
| Price Per Sq Ft Total AG | 267.22 |
| Acceptable Financing | Assumption,FHA,USDA,VA,VHDA,Conventional,Cash |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 3136 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | PRESIDENTIAL LAKES |
| Tax Lot | 47 |
Interior Features
| Interior Amenities | Bathroom - Tub Shower,Ceiling Fan(s),Kitchen - Table Space,Primary Bath(s),Family Room Off Kitchen,Entry Level Bedroom,Other |
|---|---|
| Heating Fuel | Electric |
| Basement | Fully Finished,Walkout Level,Outside Entrance |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 1568 |
| Central Air Y/N | Yes |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 1568 |
| Main Level Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Laundry Type | Main Floor |
| Below Grade Finished Area Source | Estimated |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Pool | Yes - Community |
|---|---|
| Parking Features | Paved Driveway |
| Water Source | Public |
| Type of Parking | Driveway |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Size Acres | 0.61 |
| Road Surface Type | Paved |
| Water Body Type | Lake |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Water Access Features | Canoe/Kayak |
| Horse Y/N | No |
| Land Assessed Value | 60000.00 |
| Navigable Water Y/N | Yes |
| Water Oriented Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 22485
Price
Taxes
Year Built
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