NOT LISTED FOR SALE

1053 Mathias Point Rd King George, VA 22485

Estimated Value: $183,000 - $191,922

7.61 Acres
$24,634 Price per Acre
331,492 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $125,000

Est. 50% increase in value since last sale

Current estimated payment $1,031/month

483 Days on Market

Highlights

  • 394 Feet of Waterfront
  • River View
  • Stream or River on Lot
  • Sandy Beach
  • Secluded Lot
  • Wooded Lot

About This Lot

As of May 2020

Gorgeous land lot with nearly 400 ft of sandy beach water frontage on the Potomac River. Ideal for either a recreation property or to build your own home on. Park your camper on the beach section for a staycation property or duck hunt on the vast marsh land. Build your waterfront home with an identified house sit. Well and electric present at beach site, not present at house site.

Last Agent to Sell the Property

Cathy Reed

(804) 224-3501 kbreen@coldwellbanker.com Coldwell Banker Elite License #0225091284 Listed on: 01/15/2019

Coldwell Banker Elite

Last Buyer's Agent

Tina Marshall

(804) 224-3948 soldbytinamarshall@gmail.com EXIT Mid-Rivers Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $150

Lot Details

  • 7.61 Acre Lot
  • 394 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Secluded Lot
  • Wooded Lot
  • Property is zoned A-2

Property Views

  • River Views

Utilities

  • Well Required
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1-3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Personal Watercraft
  • Waterski or Wakeboard
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$150

Lot Details

7.61 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.41

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Gravel
  • View: River
  • Water Access Features: Private Access, Waterski/Wakeboard, Swimming Allowed, Personal Watercraft (PWC), Canoe/Kayak, Boat - Powered
  • Water Access: Yes
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 394

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System
  • Water Source: Well Required, Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Secluded, Trees/Wooded, Road Frontage
  • Lot Size Acres: 7.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 331666.00
  • Perc Sites: 2
  • Zoning: A-2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16264443
  • Tax Annual Amount: 150.00
  • Assessor Parcel Number: 1-3
  • Tax Lot: 3
  • Tax Page Number: 572
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: KING GEORGE COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
May 29, 2020
Sold by
Lewis John M and Osborne Deborah Sue
Bought by
Roberts Thomas
Seller's Agent
Cathy Reed
Coldwell Banker Elite
Buyer's Agent
Tina Marshall
EXIT Mid-Rivers Realty
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$187,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,461
Avg. Annual Appreciation
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Roberts Thomas $125,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $125,000 -7.3% --
05/12/2020 05/12/20 Pending -- -- --
02/01/2020 02/01/20 Price Changed $134,900 -10.0% --
01/15/2019 01/15/19 For Sale $149,900 -- --
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $777 $114,200 $114,200 $0
2024 $777 $114,200 $114,200 $0
2023 $777 $114,200 $114,200 $0
2022 $731 $114,200 $114,200 $0
2021 $157 $21,500 $21,500 $0
2020 $151 $21,500 $21,500 $0
2019 $151 $21,500 $21,500 $0
2018 $151 $21,500 $21,500 $0
2017 $163 $23,300 $21,500 $1,800
2016 $158 $23,300 $21,500 $1,800
2015 -- $23,300 $21,500 $1,800
2014 -- $23,300 $21,500 $1,800
Source: Public Records

Agents Affiliated with this Home

  • Cathy Reed

    Seller's Agent in 2020

    Cathy Reed

    Coldwell Banker Elite

    (804) 761-6807

    56 Total Sales

    Cathy Reed
    Section Image
  • Tina Marshall

    Buyer's Agent in 2020

    Tina Marshall

    EXIT Mid-Rivers Realty

    (540) 207-6803

    120 Total Sales

    Tina Marshall
    Section Image
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Map

Source: Bright MLS

MLS Number: VAKG108686

Bright MLS

APN: 1-3

Virginia King George County King George 22485

1053 Mathias Point Rd, King George, VA

Not Listed for Sale

Lots

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