NOT LISTED FOR SALE

2494 Simonson Rd Farnham, VA 22460

Estimated Value: $1,384,000 - $1,491,000

4 Beds
3 Baths
3,684 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,417,000 $385 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,200/month

562 Days on Market

Highlights

  • Additional Residence on Property
  • 1 Dock Slip
  • Boat Ramp
  • 500 Feet of Waterfront
  • Pier
  • Horses Allowed On Property

About This Home

As of July 2024

Standing the test of time, Indian Banks Circa 1699 & 1728 has witnessed over three hundred years of history & the founding of a nation. An icon on Virginia's Northern Neck, Indian Banks is situated on Morattico Creek at its confluence with the Rappahannock River. In August 1608, Captain John Smith visited the Moraughtacund Native Americans at their principal village on the Northern Neck near present day Indian Banks. This site was patented in 1652 by Thomas Glasscock, who received six hundred acres of land on Morattico Creek in return for the surrender of a grant of two hundred acres on Piankatank River, (which he had received upon his emigration to America in 1643). In 1728, Captain Glasscock married Ester Ball (a cousin of George Washington) & took up residence here. Initials inscribed with a masonic symbol on one of the bricks contains the initials of George Washington, whom the engraving is attributed to.

The truly captivating Manor House is distinctly English in its architecture containing Jacobean elements on the North side of the house and an Early Colonial / Georgian emphasis on the river facing side, which was always the more formal, front of the house. Flemish Bond brickwork with glazed headers and a rare Scrolled Soffit above main entrance (one of only two known examples in VA) are unique architectural features of this exquisite early Manor House with a commanding presence from the Rappahannock River and Morattico Creek. Towering ancient trees frame the view from the Manor House to the water frontage. Several varieties of Magnolia, iris, peonies, figs, pecan, and other ancient plantings provide interest year-round. Rivers of Daffodils in the spring! House and dependencies are NOT in a floodzone.

Featured multiple times on the Historic Garden Week in Virginia Tour, Indian Banks is convenient to Richmond, Washington D.C., Tappahannock, Fredericksburg & Williamsburg. The location is also ideal with Kilmarnock being 20 minutes away and Warsaw, VA being a mere 15 minutes away.

All of the amenities that one would associate with Northern Neck living are convenient, including nearby marinas, world class resorts and restaurants, wineries, festivals, fresh oysters and other seafood, boat charters, movie theaters, antiques, art galleries, museums, fabulous wineries, farmers markets, historic sites and so much more.

With over 300 years of history has taken place within her walls, Indian Banks is truly remarkable find and historic treasure with a provenance that transcends the ages!

Last Agent to Sell the Property

Karin Andrews

(804) 445-5500 karinandrews@srmfre.com Shaheen, Ruth, Martin & Fonville Real Estate License #0225193712 Listed on: 11/18/2022

Shaheen, Ruth, Martin & Fonville Real Estate

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,948

Year Built

  • Built in 1700

Lot Details

  • 17 Acre Lot
  • 500 Feet of Waterfront
  • Home fronts navigable water
  • Board Fence
  • Extensive Hardscape
  • Historic Home
  • Property is in good condition
  • Property is zoned AGRICULTURAL

Parking

  • 2 Car Garage
  • 2 Driveway Spaces
  • Heated Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista
  • Pasture

Home Design

  • Colonial Architecture
  • Georgian Architecture
  • Hip Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Plaster Walls
  • Slate Roof
  • Metal Roof
  • Chimney Cap

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 7 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Hung Windows
  • Wood Frame Window
  • Double Door Entry
  • Living Room
  • Formal Dining Room
  • Library
  • Screened Porch
  • Attic

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Oven or Range
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Engineered Wood
  • Partially Carpeted
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Shelving

Home Security

  • Storm Doors
  • Flood Lights

Accessible Home Design

  • Grab Bars
  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more
  • Low Pile Carpeting

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Personal Watercraft
  • Waterski or Wakeboard
  • Mooring
  • Rip-Rap
  • Swimming Allowed
  • Boat Ramp
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • Powered Boats Permitted
  • Screened Patio
  • Terrace
  • Exterior Lighting
  • Pole Barn
  • Office or Studio
  • Wood or Metal Shed
  • Utility Building
  • Outbuilding
  • Playground
  • Rain Gutters

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Back Up Oil Heat Pump System
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Additional Features

  • Additional Residence on Property
  • Horses Allowed On Property

Community Details

Overview

  • No Home Owners Association
  • Built by Glasscock

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,948

Year Built

Built in 1700

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Georgian
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, 48"+ Halls, Grab Bars Mod, Low Pile Carpeting
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1700
  • Automatically Close On Close Date: No
  • Remarks Public: Standing the test of time, Indian Banks Circa 1699 & 1728 has witnessed over three hundred years of history & the founding of a nation. An icon on Virginia's Northern Neck, Indian Banks is situated on Morattico Creek at its confluence with the Rappahannock River. In August 1608, Captain John Smith visited the Moraughtacund Native Americans at their principal village on the Northern Neck near present day Indian Banks. This site was patented in 1652 by Thomas Glasscock, who received six hundred acres of land on Morattico Creek in return for the surrender of a grant of two hundred acres on Piankatank River, (which he had received upon his emigration to America in 1643). In 1728, Captain Glasscock married Ester Ball (a cousin of George Washington) & took up residence here. Initials inscribed with a masonic symbol on one of the bricks contains the initials of George Washington, whom the engraving is attributed to. The truly captivating Manor House is distinctly English in its architecture containing Jacobean elements on the North side of the house and an Early Colonial / Georgian emphasis on the river facing side, which was always the more formal, front of the house. Flemish Bond brickwork with glazed headers and a rare Scrolled Soffit above main entrance (one of only two known examples in VA) are unique architectural features of this exquisite early Manor House with a commanding presence from the Rappahannock River and Morattico Creek. Towering ancient trees frame the view from the Manor House to the water frontage. Several varieties of Magnolia, iris, peonies, figs, pecan, and other ancient plantings provide interest year-round. Rivers of Daffodils in the spring! House and dependencies are NOT in a floodzone. Featured multiple times on the Historic Garden Week in Virginia Tour, Indian Banks is convenient to Richmond, Washington D.C., Tappahannock, Fredericksburg & Williamsburg. The location is also ideal with Kilmarnock being 20 minutes away and Warsaw, VA being a mere 15 minutes away. All of the amenities that one would associate with Northern Neck living are convenient, including nearby marinas, world class resorts and restaurants, wineries, festivals, fresh oysters and other seafood, boat charters, movie theaters, antiques, art galleries, museums, fabulous wineries, farmers markets, historic sites and so much more. With over 300 years of history has taken place within her walls, Indian Banks is truly remarkable find and historic treasure with a provenance that transcends the ages!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Dryer - Electric, Microwave, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring Type: Wood, Slate, Partially Carpeted, Ceramic Tile, Engineered Wood
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Built-Ins, Cedar Closet(s), Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Pantry, Primary Bath(s)
  • Window Features: Double Hung, Wood Frame
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 7
  • Fireplace: Yes
  • Door Features: Double Entry, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Brick, High, Plaster Walls
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Library, Foyer, Laundry, Bathroom 2, Bathroom 3, Screened Porch
  • Basement: Yes
  • Basement Type: Interior Access, Shelving
  • Laundry Type: Main Floor
  • Total Sq Ft: 5074
  • Living Area Sq Ft: 3684
  • Price Per Sq Ft: 439.74
  • Above Grade Finished Sq Ft: 3684
  • Below Grade Sq Ft: 1390
  • Total Below Grade Sq Ft: 1390
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2494

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd House, Barn, Barn/Farm Building, Barn/Stable, Garage(s), Guest House, Office/Studio, Pole Barn, Poultry House, Shed, Utility Building, Wood/Metal Shed
  • Construction Materials: Brick
  • Exterior Features: Chimney Cap(s), Exterior Lighting, Flood Lights, Gutter System, Extensive Hardscape, Satellite Dish, Outbuilding(s), Play Area, Secure Storage
  • Road Surface Type: Paved
  • Roof: Metal, Hip, Slate
  • View: River, Pasture, Panoramic, Scenic Vista
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Rappahannock River / Morattico Creek
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Crushed Stone, Gravel Driveway, Heated, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Parking Garage, Off Street
  • Number of Spaces in Driveway: 2
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump - Oil Backup, Heat Pump(s), Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: RICHMOND COUNTY PUBLIC SCHOOLS
  • School District Key: 300200396546
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Fencing: Board
  • Lot Size Acres: 17.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 740520.00
  • Outdoor Living Structures: Porch(es), Patio(s), Brick, Screened, Terrace
  • Property Condition: Good, Average
  • Year Assessed: 2021
  • Zoning: AGRICULTURAL
  • In City Limits: No

Building Info

  • Builder Name: Glasscock

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4948.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 07/08/2024

Multi Family

  • Waterfront Features: Private Dock Site, Rip-Rap

MLS Schools

  • School District Name: RICHMOND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jun 28, 2024
Sold by
Lanius Judith H
Bought by
Patel Gautam J
Seller's Agent
Karin Andrews
Shaheen, Ruth, Martin & Fonville Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,810,000
Sold Price
$1,417,000
Premium/Discount to List
-$393,000
-21.71%
Views
703
Current Estimated Value
$1,453,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,698
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,133,600
Outstanding Balance
$1,080,001
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$373,697

Purchase Details

Listed on
Mar 6, 2022
Closed on
Jul 18, 2022
Sold by
Garretson Dean C and Garretson Virginia R
Bought by
Lanius Judith H
Seller's Agent
Karin Andrews
Shaheen, Ruth, Martin & Fonville Real Estate
Buyer's Agent
Leanne Massock
Samson Properties
List Price
$1,930,000
Sold Price
$1,680,000
Premium/Discount to List
-$250,000
-12.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.36%
Source: Public Records

Range of Values:

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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
Patel Gautam J $1,417,000 Dominion Capital Title
Lanius Judith H $1,680,000 Cardinal Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Gautam J $1,133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $1,417,000 -12.5% $385 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $1,620,000 -5.8% $440 / Sq Ft
07/13/2023 07/13/23 Price Changed $1,720,000 -1.7% $467 / Sq Ft
03/29/2023 03/29/23 Price Changed $1,749,000 -3.4% $475 / Sq Ft
11/18/2022 11/18/22 For Sale $1,810,000 +7.7% $491 / Sq Ft
07/29/2022 07/29/22 Sold $1,680,000 -13.0% $456 / Sq Ft View Prior Sale
05/26/2022 05/26/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $1,930,000 -- $524 / 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
2024 $6,178 $1,172,326 $340,380 $831,946
2023 $4,948 $851,184 $327,600 $523,584
2022 $4,948 $851,184 $327,600 $523,584
2021 $4,948 $851,184 $327,600 $523,584
2020 $4,948 $851,184 $327,600 $523,584
2019 $4,914 $851,184 $327,600 $523,584
2018 $4,914 $851,184 $327,600 $523,584
2017 $4,914 $851,184 $327,600 $523,584
2016 $4,914 $851,184 $0 $0
2015 $4,703 $0 $0 $0
2014 $4,669 $0 $0 $0
2013 $4,669 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VARV2000146

Bright MLS

APN: 43-88A