NOT LISTED FOR SALE

247 Bayview Dr Lancaster, VA 22503

Estimated Value: $494,000 - $741,000

3 Beds
2 Baths
1,416 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $520,000 $367 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,416/month

4 Days on Market

Highlights

  • 214 Feet of Waterfront
  • 2 Dock Slips
  • Golf Course Community
  • Boat Ramp
  • Pier
  • River View

About This Home

As of July 2021

Charming cottage with private pier and 214’ of shoreline with deep water to allow most vessels on the Western Branch of Corrotoman River! The home offers 3 bedrooms, 2 baths, 1 car garage, and impressive wide views of the river from most rooms. Fantastic waters for cruising, kayaking, fishing, or boating to the Rappahannock River! What can be better than fishing right off your dock to catch crab, rockfish, etc.! The cottage built by Lindal Cedar Homes in 1966 originally had 2 bedrooms and one bath and has been with the family for the last 50 years. It features the Lindal Homes signature designs with tongue & groove cathedral ceilings and exposed beams, gable and transom windows, skylights, hardwood floors through out! The spacious waterfront great room with floor to ceiling windows, soap stone stove with handsome stone back wall and the owner suite which occupies the entire upper level were added in 1995. The open floor plan provides an easy flow and the large windows allow for abundant natural light and incredible water vistas. The spacious owner suite on the upper level offers walls of windows with fantastic water views and has its own balcony overlooking the river. The deck is the entire length of the home waterside. Enjoy the scenic view of the river while relaxing on your deck at the end of a busy day boating or fishing. Recent upgrades include roof replaced in 2017, tinted windows and solar shades (great room and sliders). The attached one car garage provides additional storage. The property is located in the Corrotoman By The Bay community with pool, tennis/pickleball courts, 9-hole golf course. Come enjoy life at the river in this comfortable home. Ideal primary residence or weekend getaway!

Last Agent to Sell the Property

Linda Caron

(540) 623-6725 linda@braggco.com Bragg & Company Real Estate, LLC. Listed on: 06/17/2021

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1966 | Remodeled in 1995

Lot Details

  • 0.98 Acre Lot
  • 214 Feet of Waterfront
  • Home fronts navigable water
  • Partially Wooded Lot
  • Property comprised of lots 512 and 513 combined.
  • Property is in very good condition
  • Property is zoned R1

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Wood Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Corner Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Transom Windows
  • Sliding Doors
  • Great Room
  • Dining Room
  • River Views

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Pier
  • Water Access
  • River Nearby
  • Rip-Rap
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

Overview

  • Association fees include common area maintenance
  • Corrotoman By The Bay HOA
  • Corrotoman By The Bay Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,844

Year Built

Built in 1966 | Remodeled in 1995

Lot Details

0

HOA Fees

$30 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1966
  • Year Renovated: 1995
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Skylight(s), Walk-In Closet(s), Wood Floors
  • Window Features: Skylights, Transom
  • Fireplace Features: Stone, Corner, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, Beamed Ceilings, Wood Ceilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 370.76
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: T-1-11
  • Roof: Architectural Shingle
  • View: River
  • Water Access: Yes
  • Water Body Name: Corrotoman River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 214

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 360.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp, Common Grounds, Pool Mem Avail, Golf Course, Golf Course Membership Available, Tennis Courts, Club House
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: CORROTOMAN BY THE BAY
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Property comprised of lots 512 and 513 combined.
  • Lot Features: Partly Wooded, Rip-Rapped
  • Lot Size Acres: 0.98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42688.80
  • Property Condition: Very Good
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1844.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: LANCASTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 19, 2021
Sold by
Hopkins Julie Elizabeth and Rocker George Gilbert
Bought by
Hoynash Peter and Hoynash Gail Mary
Seller's Agent
Linda Caron
Bragg & Company Real Estate, LLC.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$610,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,298
Avg. Annual Appreciation
3.66%
Original Mortgage
$270,000
Outstanding Balance
$244,151
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$366,147

Purchase Details

Closed on
Aug 24, 2016
Sold by
The Hopkins Children'S Irrevocable Trust
Bought by
Hopkins Julie Elizabeth and Hocker George Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hoynash Peter $520,000 None Listed On Document
Hopkins Julie Elizabeth $285,000 The Settlement Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoynash Peter $270,000
Previous Owner Hopkins Julie Elizabeth $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $520,000 -1.0% $367 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $525,000 -- $371 / 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 $2,375 $431,900 $120,000 $311,900
2024 $2,375 $431,900 $120,000 $311,900
2023 $2,076 $329,600 $120,000 $209,600
2022 $1,844 $292,700 $120,000 $172,700
2021 $1,844 $292,700 $120,000 $172,700
2020 $1,844 $292,700 $120,000 $172,700
2019 $1,844 $292,700 $120,000 $172,700
2018 $2,149 $364,300 $184,000 $180,300
2017 $2,149 $364,300 $184,000 $180,300
2016 -- $364,300 $184,000 $180,300
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: VALV2000002

Bright MLS

APN: 20D-5-512