NOT LISTED FOR SALE

1647 Morattico Rd Lancaster, VA 22503

Estimated Value: $48,000 - $195,000

3 Beds
1 Bath
2,475 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2023

Last sale price $30,000 $12 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $751 / mo

8 Days on Market

About This Home

As of August 2023

Introducing a Unique Property-A Blend of History & Potential! This is a great opportunity & a piece of local history. Adjoining lots at the corner of Morattico & Nuttsville, the possibilities are endless. Once home to the US Post Office & adjacent residence of the postmaster, this almost 5 acre blank canvas awaits your vision. Build your dream home or explore development options. The residence is a burned-out shell, the historic post office building remains intact, ready to capture the imagination & nostalgia of bygone eras. With some creative renovation, this could be an enchanting space for a boutique, art studio, or a one-of-a-kind residence. Location is key, with its proximity to Belle Isle State Park, which offers 7-miles of pristine shoreline along the scenic Rappahannock River, inviting you to explore the natural wonders of Mulberry & Deep creeks, campgrounds, picnic shelters, & a variety of recreation, just 2 1/2 miles away. Add the natural beauty of the Northern Neck region, whether you're seeking a place to create your dream home, a business venture with character, or an investment opportunity, this property is ready to be shaped into something truly remarkable.

Last Agent to Sell the Property

Cathy Mathews

Fresh Start Realty License #0225181020 Listed on: 06/29/2023

Last Buyer's Agent

T Lawrence

CR8TIVE Realty LLC License #0225236600

CR8TIVE Realty LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1960

Lot Details

  • 4.78 Acre Lot
  • Zoning described as R1

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3 Bedrooms
  • 2,475 Sq Ft Home
  • 1-Story Property

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6-48

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1960

Lot Details

4.78 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 4.78
  • Ownership: Other
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Total Bedrooms: 3
  • Living Area: 2475.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick, Block
  • Property Condition: Resale

Utilities

  • Heating: Baseboard, Electric
  • Cooling: None
  • Sewer: Other, Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 6-48
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 697.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

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

Closed on
May 1, 2026
Sold by
Eden Capital Investments Llc
Bought by
Current Estimated Value
$136,000

Purchase Details

Closed on
Jul 31, 2024
Sold by
Realvestor Group Llc
Bought by
Eden Capital Investments Llc

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 28, 2023
Sold by
Morattico Rd Trust
Bought by
Realvestor Group Llc
Seller's Agent
Cathy Mathews
Fresh Start Realty
Buyer's Agent
T Lawrence
CR8TIVE Realty LLC
List Price
$75,000
Sold Price
$30,000
Premium/Discount to List
-$45,000
-60%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.35%
Original Mortgage
$120,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2022
Sold by
Nuttsville Rentals Llc
Bought by
Morattico Rd Trust
Source: Public Records

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
-- None Listed On Document
Eden Capital Investments Llc $45,000 Chicago Title
Realvestor Group Llc -- None Listed On Document
Morattico Rd Trust $3,000 Old Republic National Title
Morattico Rd Trust $3,000 Old Republic National Title
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
Previous Owner $120,000
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
08/02/2023 08/02/23 Sold $30,000 -60.0% $12 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $75,000 -- $30 / Sq Ft
Source: Central Virginia Regional MLS

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 $1 $12,000 $12,000 $0
2024 $66 $151,900 $12,000 $139,900
2023 $697 $110,700 $12,000 $98,700
2022 $697 $110,700 $12,000 $98,700
2021 $697 $110,700 $12,000 $98,700
2020 $697 $110,700 $12,000 $98,700
2019 $697 $110,700 $12,000 $98,700
2018 $674 $114,200 $17,500 $96,700
2017 $674 $114,200 $17,500 $96,700
2016 -- $114,200 $17,500 $96,700
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2315864

Central Virginia Regional MLS

APN: 648

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