NOT LISTED FOR SALE

2078 River Rd Lancaster, VA 22503

Estimated Value: $104,000 - $150,080

3 Beds
1 Bath
1,430 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $112,500 $79 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $695/month

1 Day on Market

Highlights

  • Farmhouse Style Home
  • Walk-In Closet
  • Dining Room
  • No HOA
  • Shed
  • Heating Available

About This Home

As of July 2024

This charming farmhouse offers a prime opportunity for investment and restoration. With 3 bedrooms and 1 bath, this character-filled property has original wood floors and a spacious, kitchen ideal and ready for modern updates. Whether you're looking to invest in a potential rental property or create your dream home near a marina and public boat landing, this farmhouse presents endless possibilities.

Last Agent to Sell the Property

Kevin Wilson

Bay River Realty Brokerage Phone: 8045295000 License #0225255032 Listed on: 06/28/2024

Co-Listed By

Dana Wilson

Bay River Realty Brokerage Phone: 8045295000 License #0225258044

Last Buyer's Agent

Outside R.e. Agent last name

Other Real Estate Firms

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1920

Lot Details

  • 1.17 Acre Lot
  • Zoning described as R 1

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Shed

Utilities

  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Litwalton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$537

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Non-Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Water Body Name: None
  • Co List Office Mls Id: 350
  • Co List Office Phone: 804-529-5000
  • Subdivision Name: Litwalton
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1920
  • Attribution Contact: 8045295000
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Dining Room, Walk-In Closet(s)
  • Living Area: 1430
  • Dining Room Features: Dining Area

Exterior Features

  • Lot Features: 1-1.9 acres
  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Natural Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Heating: Electric, Monitor
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shallow

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 50965.2
  • Zoning Description: R 1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: LR2005/154
  • Tax Map Number: 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 25, 2024
Sold by
Sanders Kelly Sue and Mccarty Sanders Kelly
Bought by
Webb Brian K
Seller's Agent
Kevin Wilson
Bay River Realty
Buyer's Agent
Outside R.e. Agent last name
Other Real Estate Firms
List Price
$117,000
Sold Price
$112,500
Premium/Discount to List
-$4,500
-3.85%
Views
21
Current Estimated Value
$119,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,020
Avg. Annual Appreciation
5.76%
Original Mortgage
$109,125
Outstanding Balance
$108,376
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$11,144
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Webb Brian K $112,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Brian K $109,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $112,500 -3.8% $79 / Sq Ft
06/28/2024 06/28/24 For Sale $117,000 -- $82 / 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
2024 $537 $97,600 $15,800 $81,800
2023 $352 $55,800 $12,800 $43,000
2022 $352 $55,800 $12,800 $43,000
2021 $352 $55,800 $12,800 $43,000
2020 $352 $55,800 $12,800 $43,000
2019 $352 $55,800 $12,800 $43,000
2018 $350 $59,300 $18,300 $41,000
2017 $350 $59,300 $18,300 $41,000
2016 -- $59,300 $18,300 $41,000
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kevin Wilson

    Bay River Realty

    (804) 450-3060

    50 Total Sales

    Kevin Wilson
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Dana Wilson

    Bay River Realty

    (804) 580-1898

    37 Total Sales

    Dana Wilson
    Section Image

  • O

    Buyer's Agent in 2024

    Outside R.e. Agent last name

    Other Real Estate Firms

See All Agents

Map

Source: Northern Neck Association of REALTORS®

MLS Number: 116474

APN: 68

Virginia Lancaster County Lancaster 22503

2078 River Rd, Lancaster, VA

This home is located at 2078 River Rd, Lancaster, VA 22503 since 28 June 2024 and is currently estimated at $119,520, approximately $83 per square foot. This property was built in 1920. 2078 River Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

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