NOT LISTED FOR SALE

196 Landing Dr Lancaster, VA 22503

Estimated Value: $723,000 - $1,049,000

5 Beds
3 Baths
2,556 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 14, 2020

Last sale price $500,000 $196 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,985/month

68 Days on Market

Highlights

  • Pier or Dock
  • Spa
  • Cape Cod Architecture
  • Sandy Beach
  • River Front
  • Deck

About This Home

As of November 2020

Welcome to nearly endless spectacular sunsets over the Rivah from your spacious deck, in-ground swimming pool, screened gazebo, and hot tub after a day navigating the network of waterways to the Bay. Escape frantic demands and follow your dreams to this Waterfront Retreat along the shores of the Rappahannock River just off the Chesapeake Bay. Cook up your catch in the new kitchen, entertain in the dining room, and catch up on the game in the family room with wood stove. Elegantly positioned on 1+ acres with a gentle slope to the water, this Coastal Cape home features two bedrooms and two baths downstairs, and three more BRs & a bath upstairs, making this an inviting home to share with family and friends. Have toys? The oversized attached garage is just the place for them. Working or studying from home? Take a one minute commute to your separate office or studio after a detour to the pier and lucky day fish cleaning station. Whether you're relaxing poolside, trying new recipes for your fresh catches, or exploring the rivers to the bay, this Coastal Cape is your launching point for your next adventures! Enjoy fresh catches from the Chesapeake Bay; you're in striking range of the best fishing and boating on the East Coast from this great catch! Located in Salt Aire, a lovely resort-like community with a sand beach, picnic pavilion, and boat ramp, you will enjoy an easy lifestyle when you come to exhale at the Rivah in REEL style! Lots of interest, please make a STRONG offer: old appraisal at $595,000, hotter market now! Home Inspection Available. Your dream oasis awaits!

Last Agent to Sell the Property

Catherine Bennett

Melrose Plantation Real Estate License #0225039728 Listed on: 08/08/2020

Co-Listed By

Jessica Cutler

Melrose Plantation Real Estate License #0225232035

Last Buyer's Agent

Catherine Bennett

Melrose Plantation Real Estate License #0225039728 Listed on: 08/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1995

Lot Details

  • 1.21 Acre Lot
  • River Front
  • Sandy Beach
  • Fenced
  • Zoning described as R 1

HOA Fees

  • $15 Monthly HOA Fees

Parking

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

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,556 Sq Ft Home
  • 1.5-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 400 Amp
  • Artesian Water
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 25D-1-4

Community Details

Overview

  • Salt Aire Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1995

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.214
  • Water Body Name: Rappahannock River
  • Co List Office Mls Id: 87
  • Co List Office Phone: 804-761-3234
  • Subdivision Name: Salt Aire Subdivision
  • Directions: From Richmond, take Route 360 to Warsaw, Take Route 3 to Lancaster County line. Take River Road (Rt. 354). Turn right on Senora. Turn right into Saltaire. Turn left onto Landing Drive. Your new home is on the right down the tree-lined paved driveway.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1995
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Jet Tub
  • Appliances: Gas Water Heater, Tankless Water Heater, Washer, Microwave, Dishwasher, Range, Water Conditioner, Disposal, Range Hood, Dryer, Refrigerator, Wall Oven
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Living Room, One Fireplace
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate/Wood, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Dining Room, Fireplace, Walk-In Closet(s)
  • Living Area: 2556
  • Window Features: Skylight(s), Window Treatments, Double Pane Windows
  • Room Bedroom2 Level: First
  • Room Bedroom4 Area: 208
  • Dining Room Features: Eat-in Kitchen, Dining Area
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Room Bedroom3 Area: 176
  • Room Bedroom2 Area: 144
  • Room Living Room Area: 108
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 234
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 143

Exterior Features

  • Fencing: Fenced
  • Lot Features: 1-1.9 acres
  • Pool Features: Outdoor Pool
  • Waterfront Features: River/Creek Front, Pier/Dock, Sand Beach
  • Waterfront: Yes
  • Disclosures: Yes
  • Construction Type: Vinyl Siding, Sheetrock Walls
  • Other Structures: Workshop, Shed(s)
  • Patio And Porch Features: Patio, Deck, Screened Porch
  • Roof: Age Unknown, Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Two Car, Garage, Elec Garage Door Opener, Paved Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Amps (400)
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 52881.84
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3187
  • Tax Book Number: DB429/532
  • Tax Map Number: 25D-1-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 14, 2020
Sold by
The Estate Of Daniel J Schomer
Bought by
Richardson Margaret M
Seller's Agent
Catherine Bennett
Melrose Plantation Real Estate
Buyer's Agent
Catherine Bennett
Melrose Plantation Real Estate
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$880,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,021
Avg. Annual Appreciation
11.56%
Original Mortgage
$400,000
Outstanding Balance
$353,498
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$526,523
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Richardson Margaret M $500,000 Abstract Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Margaret M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2020 11/14/20 Sold $500,000 0.0% $196 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $500,000 -- $196 / 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 $4,416 $802,900 $271,900 $531,000
2024 $4,416 $802,900 $271,900 $531,000
2023 $3,310 $525,400 $201,900 $323,500
2022 $3,310 $525,400 $201,900 $323,500
2021 $3,310 $525,400 $201,900 $323,500
2020 $3,310 $525,400 $201,900 $323,500
2019 $3,310 $525,400 $201,900 $323,500
2018 $3,187 $540,100 $230,900 $309,200
2017 $3,187 $540,100 $230,900 $309,200
2016 -- $540,100 $230,900 $309,200
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Bennett

    Seller's Agent in 2020

    Catherine Bennett

    Melrose Plantation Real Estate

    (804) 761-3234

    46 Total Sales

    Catherine Bennett
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jessica Cutler

    Melrose Plantation Real Estate

    (804) 761-3234

    29 Total Sales

    Jessica Cutler
    Section Image
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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 107649

APN: 25D-1-4

Virginia Lancaster County Lancaster 22503

196 Landing Dr, Lancaster, VA

Not Listed for Sale

Detached

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