Seller's Agent in 2023
Bobby Hornsby
Hornsby Real Estate Co.
(757) 879-4021
3 in this area
59 Total Sales
Estimated Value: $2,428,262
3
Beds
2
Baths
2,468
Sq Ft
$984/Sq Ft
Est. Value
Highlights
- 292 Acre Lot
- Cape Cod Architecture
- 3 Fireplaces
- J. Blaine Blayton Elementary School Rated A-
- Wood Flooring
- Circular Driveway
About This Home
As of June 2023Lombardy Farm is one of the most rare and special historic properties near Williamsburg, Virginia. The +-292 acres of forest and fields features a classic Virginia farmhouse built circa 1816 with wide plank heart-pine floors, three fireplaces, detailed colonial moldings, and a first floor primary bedroom suite. +-120 acres are actively farmed, while the remaining +-172 acres are in valuable timber for +-292 acres total. There are numerous barns, storage buildings, sheds, and other farm related structures on-site as well. This land can be subdivided into 8 individual lots (20 acres minimum each) and is Zoned A-1 allowing horses, cattle, and other agricultural and residential activities. Super privacy with expansive rural vistas, yet convenient to the shopping and dining on the west side of Williamsburg. If you create Seven 30 acre lots and sell them for $400,000 each that's $2,800,000 and you still keep the farmhouse and barns on the 82 remaining acres!
Last Agent to Sell the Property
Hornsby Real Estate Co. License #0225108248 Listed on: 08/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,638
Year Built
- Built in 1816
Lot Details
- 292 Acre Lot
- Historic Home
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Farmhouse Style Home
- Cottage
- Plaster Walls
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,468 Sq Ft Home
- 1.5-Story Property
- Built-in Bookshelves
- Paneling
- Ceiling height of 9 feet or more
- Ceiling Fan
- 3 Fireplaces
- Wood Burning Fireplace
- Laminate Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Attic
- Attic Access Panel
- Walk-In Attic
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- Circular Driveway
- Off-Street Parking
Outdoor Features
- Patio
- Shed
- Front Porch
Schools
- Stonehouse Elementary School
- Warhill High School
Farming
- Feed Barn
- Crops Farm
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Well
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 11-4-01-0-0002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2021
Closed on
Jun 23, 2023
Sold by
Cottrell Land Trust
Bought by
Johnson Family Trust and Johnson
Seller's Agent
Bobby Hornsby
Hornsby Real Estate Co.
Buyer's Agent
Steve Van Kirk
Howard Hanna William E. Wood
List Price
$2,650,000
Sold Price
$2,250,000
Premium/Discount to List
-$400,000
-15.09%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,262
Avg. Annual Appreciation
3.07%
Original Mortgage
$1,788,000
Outstanding Balance
$1,741,739
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$686,523
Purchase Details
Closed on
Jan 27, 2016
Sold by
Virginia Electric And Power Company
Bought by
Cottrell Land Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Family Trust | $2,250,000 | Investors Title | |
| Cottrell Land Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Family Trust | $1,788,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $2,250,000 | -15.1% | $912 / Sq Ft |
| 05/25/2023 05/25/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | Price Changed | $2,650,000 | 0.0% | $1,074 / Sq Ft |
| 03/27/2023 03/27/23 | For Sale | $2,650,000 | -11.6% | $1,074 / Sq Ft |
| 02/23/2023 02/23/23 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | Price Changed | $2,997,000 | -19.5% | $1,214 / Sq Ft |
| 08/22/2021 08/22/21 | For Sale | $3,725,000 | -- | $1,509 / Sq Ft |
Source: Williamsburg Multiple Listing Service
Tax History Compared to Growth
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 | $4,643 | $1,182,600 | $1,014,900 | $167,700 |
| 2024 | $4,643 | $2,077,200 | $1,899,500 | $177,700 |
| 2023 | $5,203 | $2,077,200 | $1,899,500 | $177,700 |
| 2022 | $4,643 | $2,104,200 | $1,926,500 | $177,700 |
| 2021 | $4,629 | $2,104,200 | $1,926,500 | $177,700 |
| 2020 | $4,638 | $2,104,200 | $1,926,500 | $177,700 |
| 2019 | $4,192 | $2,104,200 | $1,926,500 | $177,700 |
| 2018 | $3,671 | $2,104,200 | $1,926,500 | $177,700 |
| 2017 | $3,421 | $2,104,200 | $1,926,500 | $177,700 |
| 2016 | $3,250 | $2,104,200 | $1,926,500 | $177,700 |
| 2015 | -- | $2,104,200 | $1,926,500 | $177,700 |
| 2014 | -- | $2,104,200 | $1,926,500 | $177,700 |
Source: Public Records
Agents Affiliated with this Home
-
Bobby Hornsby
-
Steve Van Kirk
Buyer's Agent in 2023
Steve Van Kirk
Howard Hanna William E. Wood
(757) 291-3332
11 in this area
267 Total Sales
-
Larry Walk
L
Buyer Co-Listing Agent in 2023
Larry Walk
Howard Hanna William E. Wood
(757) 592-6252
2 in this area
13 Total Sales
Map
Source: Williamsburg Multiple Listing Service
MLS Number: 2103510
APN: 11-4-01-0-0002
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