NOT LISTED FOR SALE

1083 Ottoman Ferry Rd Lancaster, VA 22503

Estimated Value: $753,592 - $1,051,000

3 Beds
3.5 Baths
2,871 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2021

Last sale price $600,000 $209 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,103 / mo

189 Days on Market

Highlights

  • Pier or Dock
  • Spa
  • 22.45 Acre Lot
  • Barn
  • River Front
  • Cathedral Ceiling

About This Home

As of November 2021

Escape to the Northern Neck! “Serendipity Acres” is over 22 private acres w/ 737 feet of shoreline on a protected creek of The Corrotoman River offering quick access to the Rappahannock River. This Mediterranean-style estate has multiple courtyards, lots of natural lighting, updated kitchen & room for everyone. The kitchen has locally quarried granite counters, farmhouse sink, Wolf gas range with pot filler, Wolf induction cooktop, double wall oven & lots of storage. Off the kitchen is a cozy hearth room w/ a wood-burning fireplace. The living room has cathedral ceilings, a grand fireplace & access to the screened porch & rear courtyard. There is a 1st floor BR bordered by French doors that lead to courtyards & a 1st floor full bathroom w/ dual vanities & a tiled shower. The 2nd level has 2 BR en suites w/ vaulted ceilings & Palladian windows. The bonus room loft sits over the dining room, and is perfect for a rec.area or extra sleeping space. Your family will enjoy this park-like setting w/ wide open areas to play, wooded trails to explore & pier with 3 ft. MLW perfect for recreational boating, kayaking & more. Income-producing property!: Has been rented as a vacation rental w/ great success.

Last Agent to Sell the Property

Lisa Shultz

Long & Foster Real Estate, Inc. Listed on: 03/26/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Outside R. E. Agent

Other Real Estate Firms

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1986

Lot Details

  • 22.45 Acre Lot
  • River Front
  • Zoning described as R 1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Plaster Walls
  • Composition Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,871 Sq Ft Home
  • 1.5-Story Property
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Shed

Farming

  • Barn

Utilities

  • Cooling Available
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20 188

Community Details

Overview

  • No Home Owners Association
  • Spring Hill Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,252

Year Built

Built in 1986

Lot Details

22.45 Acres

Parking

2

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 22.45
  • Water Body Name: Corrotoman River
  • Subdivision Name: Spring Hill
  • Directions: Route 3 to Lively VA. Turn onto Route 201 White Chapel Road. LEFT onto Route 354, LEFT onto Route 604 follow and make LEFT onto Ottoman Ferry Road.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1986
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Jet Tub
  • Appliances: Electric Water Heater, Washer, Dishwasher, Range, Dryer, Wall Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Two Fireplaces
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, Dining Room, Cathedral/Vaulted/Tray Ceilings, Fireplace, Ceiling 9 Ft+, Great Room
  • Living Area: 2871
  • Main Level Bedrooms: 1
  • Room Bedroom2 Level: Second
  • Dining Room Features: Dining Room
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 110
  • Room Bedroom2 Area: 132
  • Room Living Room Area: 375
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 98
  • Dining Room Dining Room Level: Main
  • Room Dining Room Area: 255

Exterior Features

  • Lot Features: 20-50 acres
  • Waterfront Features: River/Creek Front, Pier/Dock
  • Waterfront: Yes
  • Disclosures: Yes
  • Construction Type: Stucco, Sheetrock Walls, Plaster Walls
  • Foundation Details: Slab
  • Other Structures: Barn(s), Shed(s)
  • Patio And Porch Features: Patio, Screened Porch
  • Roof: Age 10+ yrs, Metal, Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Two Car, Detached, Elec Garage Door Opener, Natural Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Artesian, Shallow

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 977922
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2252
  • Tax Book Number: 0380
  • Tax Map Number: 20 188

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Oct 25, 2021
Sold by
Bought by
Seller's Agent
Lisa Shultz
Long & Foster Real Estate, Inc.
Buyer's Agent
Outside R. E. Agent
Other Real Estate Firms
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$890,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,148
Avg. Annual Appreciation
8.66%
Original Mortgage
$480,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2011
Closed on
Apr 23, 2013
Sold by
Bought by
Seller's Agent
Sandra Huggins Hargett
VirginiaBay Properties, Inc.
Buyer's Agent
Joe Hunt
Liz Moore & Associates
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$220,000
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,530
Interest Rate
0.0624%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Homeland Title & Stlmnt
$275,000 --
$500,000 --
$620,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $480,000
Previous Owner $400,000
Previous Owner $120,000
Previous Owner $220,000
Previous Owner $61,500
Previous Owner $697,530
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $600,000 0.0% $209 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $600,000 +118.2% $209 / Sq Ft
05/08/2013 05/08/13 Sold $275,000 0.0% $96 / Sq Ft View Prior Sale
04/08/2013 04/08/13 Pending -- -- --
09/16/2011 09/16/11 For Sale $275,000 -- $96 / Sq Ft
Source: Northern Neck Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,028 $550,600 $158,500 $392,100
2024 $3,028 $550,600 $158,500 $392,100
2023 $2,252 $357,500 $156,500 $201,000
2022 $2,252 $357,500 $156,500 $201,000
2021 $2,252 $357,500 $156,500 $201,000
2020 $2,252 $357,500 $156,500 $201,000
2019 $2,252 $357,500 $156,500 $201,000
2018 $2,312 $391,800 $114,000 $277,800
2017 $2,312 $391,800 $114,000 $277,800
2016 -- $391,800 $114,000 $277,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 109893

APN: 20-188

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