$268,000

504 Settlement Dr Williamsburg, VA 23188

$3,183
Closing credit¹
2 beds
2 full
1,231 sqft
0.02 acres
$218 / sqft
Condo

Property details

About 504 Settlement Dr

Location! Location! Rare Investment Opportunity! Well maintained Williamsburg Second-floor condo. Dining room, Living Room, 2 Bedrooms, 2 full baths. One level living on the second floor. 1231 SqFt, Primary bedroom has a walk-in closet and a private bathroom with a shower and long vanity. The hallway bathroom has a tub and a long vanity. Breakfast bar. Laundry closet off kitchen. Full appliance package including washer/ dryer. Community clubhouse. Water/Sewage and trash, pressure wash, gutters-grass cutting-HOA provided. The clubhouse no pool. Convenient to New Town and High Street shopping centers, restaurants, Kiwanis Park. The property can be leased immediately. Not subjected to Rental Cap. Current rent estimate $1750-1800/month.

Highlights

Home typeCondominium
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air
Size1,231 sqft
BasementYes
Lot size0.016 Acres
Year built2001
Parking1 Space, Assigned/Reserved
MLS #10576436

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Total Bedroom Count: 2
  • Private Pool: No
  • Parking: 1 Space, Assigned/Reserved
  • Architectural Style: Transitional
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • List Price: $268,000
  • Price/SqFt: $217
  • Annual Tax Amount: $1,340
  • Tax Year: 2023
  • Year Built: 2001
  • Stories: 2
  • Living Area: 1,231 SqFt
  • Lot Size: 0.016 Acres
  • MLS Number: 10576436
  • Office Name: Real Property Management Pen
  • Listing Agent: Baylee Wang

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view of home's exterior with a lawn and roof with shingles

$268,000

504 Settlement Dr

$3,183

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$216,200$1,340
2022$193,200$1,197
2021$169,700$1,018
2020$147,600$885
2019$155,800$934
2018$147,400$827
2017$150,400$827

History based on county public records data.

Nearby schools

6

Walker Mill Elementary School

Public Magnet KG-5

1.0 mi

314 Waller Mill Rd

4

Matthew Whaley Elementary School

Public District KG-5

1.7 mi

301 Scotland St

5

Laurel Lane Elementary School

Public District PK-5

2.7 mi

112 Laurel Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,537. Most Williamsburg, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

31%
<35k
44%
35k-100k
19%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
37%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Stein MartStein Mart
  • Old NavyOld Navy
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • FordFord

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 504 Settlement Dr

The listing price of 504 Settlement Dr property is $268,000.

The property 504 Settlement Dr is a condo located in Williamsburg, Virginia, 23188.

Active Listing: 504 Settlement Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 504 Settlement Dr are: Walker Mill Elementary School (GreatSchools Rating 6/10), Matthew Whaley Elementary School (GreatSchools Rating 4/10), Laurel Lane Elementary School (GreatSchools Rating 5/10), James Blair Middle School (GreatSchools Rating 4/10), Berkeley Middle School (GreatSchools Rating 5/10), Queens Lake Middle School (GreatSchools Rating 7/10), Bruton High School (GreatSchools Rating 5/10), Lafayette High School (GreatSchools Rating 4/10), Warhill High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,340 (source: MLS/based on county public records data).

The property at 504 Settlement Dr has 2 bedrooms and 2 bathrooms.

The property 504 Settlement Dr is 1,231 SqFt (source: MLS/tax record).

The year of construction for 504 Settlement Dr is 2001.

This home is located at 504 Settlement Dr in Williamsburg, VA and zip code 23188. This 1,231 square foot home, which was built in 2001, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $268,000.

In March 2025, from all listings sold in Williamsburg, VA there were more than 6 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. Between February and March 2025, Williamsburg, VA real estate market has seen increase in the number of listings by 17.6%. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $495,000.

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

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