NOT LISTED FOR SALE

240 Rectory Rd Loretto, VA 22509

Estimated Value: $376,000 - $395,000

4 Beds
4 Baths
4,850 Sq Ft
$80/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $316,000 $65 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,170/month

79 Days on Market

Highlights

  • Dual Staircase
  • Traditional Floor Plan
  • Garden View
  • Deck
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of December 2021

The Spindle House is a charming renovated 1875 Virginia Farmhouse with painstakingly restored formal rooms, 4 Bedrooms (1 Master Suite Down & 1 Master Suite upstairs) 2 full Baths, 2 half Baths, big Sunroom for family gatherings with small deck for the grill. Travel back in time with original pine floors, windows, woodwork and doors throughout most of the house. Large bright rooms with high ceilings. Huge Living Room, huge Kitchen & huge Master Bedroom. Upstairs Master has dressing room/walk-in and a bay window. Downstairs Bedroom is perfect for a Mother-in-law Suite. Great porches for pastoral views. Gas Log Fireplace in Kitchen & another in Living Room. Deep Well. Outbuilding is Old Loretto Post Office. Live in the Country and take easy commute North to Fredericksburg & D. C. Short 16 Mile run to Tappahannock for Town's amenities, shops, restaurants, health care facilities & VCU Health Tappahannock Hospital. Rt. 17 South Restaurant is a 10 Mile drive for farm-sourced dining ! Only Cash or Conventional loan.

Last Agent to Sell the Property

Patti Minor

(804) 445-5465 pattim@htrsi.com Hometown Realty Services, Inc. License #0225162230 Listed on: 07/29/2021

Hometown Realty Services, Inc.

Last Buyer's Agent

Steven Merian

(540) 424-2000 stevenmerian@gmail.com Warsaw Realty License #225245807

Warsaw Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1875

Lot Details

  • 2.31 Acre Lot
  • Rural Setting
  • Landscaped
  • Cleared Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned AGRICULTURAL

Home Design

  • Farmhouse Style Home
  • Plaster Walls
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Brick Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Garden Views
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Schools

  • Essex Elementary And Middle School
  • Essex High School

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Loretto Subdivision

Listing and Financial Details

  • Tax Lot 9A
  • Assessor Parcel Number 11-9A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Vinyl, Partially Carpeted
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Country, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Tub Shower, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Wood Frame
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Basement, Foyer, Bedroom 1, Sun/Florida Room, Utility Room, Workshop, Bathroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Partial
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 5250
  • Living Area Sq Ft: 4850
  • Price Per Sq Ft: 63.90
  • Above Grade Finished Sq Ft: 4850
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Gravel
  • Roof: Metal
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Private
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ESSEX
  • High School: ESSEX
  • Middle Or Junior School: ESSEX

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 221240.00
  • Land Assessed Value: 25200.00
  • Lot Features: Cleared, Front Yard, Landscaping, Rear Yard, Road Frontage, Rural
  • Lot Size Acres: 2.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 100623.60
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: AGRICULTURAL
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1823.66
  • Assessor Parcel Number: 11-9A
  • Tax Lot: 9A
  • Tax Page Number: 11
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: ESSEX COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Dec 10, 2021
Sold by
Rackley Charles D and Rackley Deborah S
Bought by
Merian Shannon Yvonne
Seller's Agent
Patti Minor
Hometown Realty Services, Inc.
Buyer's Agent
Steven Merian
Warsaw Realty
List Price
$329,900
Sold Price
$316,000
Premium/Discount to List
-$13,900
-4.21%
Current Estimated Value
$387,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,192
Avg. Annual Appreciation
5.16%
Original Mortgage
$300,200
Outstanding Balance
$262,326
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$124,866
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merian Shannon Yvonne $316,000 Lakeside Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merian Shannon Yvonne $300,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $316,000 +2.0% $65 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $309,900 -6.1% $64 / Sq Ft
07/29/2021 07/29/21 For Sale $329,900 -- $68 / Sq Ft
Source: Bright MLS

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 $1,695 $308,200 $36,100 $272,100
2024 $1,822 $249,564 $25,224 $224,340
2023 $1,822 $249,564 $25,224 $224,340
2022 $1,822 $249,564 $25,224 $224,340
2021 $1,824 $246,440 $25,200 $221,240
2020 $1,373 $159,700 $25,200 $134,500
2019 $1,405 $167,500 $25,200 $142,300
2018 $1,405 $167,500 $25,200 $142,300
2017 -- $0 $0 $0
2016 $1,474 $167,500 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAES2000034

Bright MLS

APN: 11-9A