NOT LISTED FOR SALE

1587 Belle Meade Rd Loretto, VA 22509

Estimated Value: $2,205,477 - $2,528,000

3 Beds
2 Baths
2,200 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $2,000,000 $909 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,772/month

79 Days on Market

Highlights

  • Pier or Dock
  • River View
  • Contemporary Architecture
  • Private Water Access
  • Deck
  • Barn or Farm Building

About This Home

As of March 2022

Belle Meade Farm is comprised of two contiguous parcels on the Rappahannock River. A 7.97 acre parcel is improved with a single family home and dependency adjoining 125.34+/- acres with 70+/- acres in crop rotation with approximately 55 acres in cutover woodland. The property is accessed by way of a 50 ft easement from the terminus of route 654. Total acreage combined is approximately 133.31. Each parcel has 5 parcel division opportunity but to make a 10 parcel division over the 133.31 more practical, a property line adjustment is permitted. Many of the large land owners in the community have a preservation philosophy and elected to place their holdings in open space easement to prevent or curtail development. The community is generally rural in character, there are small areas of residential development along the river. However the large percentage of the significant acreage having limited development rights, causes those properties like Belle Meade to be more attractive for development as the subject is not restricted except by traditional zoning restraints. Truly a one of a kind opportunity. There is preliminary plan approval for 7 waterfront lots with acreage of between2.2 and 3.0 acres respectively. Additional division possibilities are displayed within the attachments. Upside possibilities include waterfront lot sales, re-development, Conservation Easement income. Possibilities are many. HOME IS BEING SOLD AS IS WHERE IS. Inspections are for informational purposes only

Last Agent to Sell the Property

robert nolting

Middle Bay Realty - B License #0225192391 Listed on: 11/20/2021

Co-Listed By

Kenny Kuykendall

Middle Bay Realty - B

Last Buyer's Agent

Charles Faulkner

Historyland Realty LLC License #0225215001

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • River Front
  • Partially Wooded Lot
  • Zoning described as A-1

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Den with Fireplace
  • River Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Pine Flooring
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Private Water Access
  • Deck
  • Shed

Farming

  • Barn or Farm Building

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6/ / 4/ / 59P

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Water Body Name: Rappahannock River
  • Co List Office Mls Id: 66
  • Co List Office Phone: 804-453-5380
  • Subdivision Name: None
  • Directions: Located off of Route 17 in Loretto Virginia, Belle Meade is approximately 32 miles from Fredericksburg VA and approximately 87 miles from the Nations Capitol Washington DC.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Washer, Dishwasher, Range, Disposal, Range Hood, Dryer, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Den, One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Pine, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Dining Room, Cathedral/Vaulted/Tray Ceilings, Fireplace, Ceiling 9 Ft+
  • Living Area: 2200
  • Window Features: Skylight(s), Window Treatments, Double Pane Windows
  • Dining Room Features: Breakfast Area, Eat-in Kitchen, Dining Room

Exterior Features

  • Lot Features: Part Wooded, 50+ acres
  • View: River/Creek View
  • View: Yes
  • Waterfront Features: Water Access-Private, River/Creek Front, Pier/Dock
  • Waterfront: Yes
  • Construction Type: Wood Siding, Block, Concrete, Sheetrock Walls
  • Foundation Details: Slab
  • Other Structures: Farm Buildings, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Age 10+ yrs, Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Elec Garage Door Opener, Natural Driveway, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Amps (200)
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Cultivated Acreage: 3049200
  • Pasture Area: 3920400
  • Wooded Area: 2178000
  • Zoning Description: A-1

Tax Info

  • Tax Book Number: 0/0 128/14
  • Tax Map Number: 6/ / 4/ / 59P

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $2,000,000 0.0% $909 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $2,000,000 -- $909 / Sq Ft
Source: Northern Neck Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,878 $705,100 $342,900 $362,200
2024 $3,734 $511,515 $297,395 $214,120
2023 $3,734 $511,515 $297,395 $214,120
2022 $3,734 $511,515 $297,395 $214,120
2021 $3,785 $511,520 $297,400 $214,120
2020 $3,988 $463,700 $297,400 $166,300
2019 $4,081 $465,200 $295,900 $169,300
2018 $4,081 $465,200 $295,900 $169,300
2017 $4,081 $0 $0 $0
2016 $4,094 $465,200 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • robert nolting

    Seller's Agent in 2022

    robert nolting

    Middle Bay Realty - B

    (804) 580-3153

    73 Total Sales

    robert nolting
    Section Image
  • Kenny Kuykendall

    Seller Co-Listing Agent in 2022

    Kenny Kuykendall

    Middle Bay Realty - B

    (804) 761-1875

    219 Total Sales

    Kenny Kuykendall
    Section Image

  • C

    Buyer's Agent in 2022

    Charles Faulkner

    Historyland Realty LLC

    (804) 493-5000

    82 Total Sales

    Charles Faulkner
    Section Image
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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 111341

APN: 6-4

Virginia Essex County 22509

1587 Belle Meade Rd, VA

Not Listed for Sale

Detached

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