NOT LISTED FOR SALE

275 Riverside Dr Lancaster, VA 22503

Estimated Value: $694,000 - $782,952

4 Beds
4 Baths
3,109 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $615,000 $198 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,434/month

151 Days on Market

Highlights

  • Pier or Dock
  • River View
  • Wood Flooring
  • Private Water Access
  • Deck
  • Victorian Architecture

About This Home

As of April 2022

Circa 1900, this 3,000 sq. ft.+ Victorian farmhouse, updated for the modern era, is located in Historic Morattico, VA, one of the most charming waterfront villages in the Northern Neck, where a sense of community still thrives. Golf cart friendly, the village is known for celebrating 4th of July Day with a golf cart/ fire truck parade; summer crab feast; and fall oyster roast, which supports the local Morattico Museum – a treasure of history. The home has a wide, gorgeous view of the Rappahannock River where bottle-nosed dolphins can be seen throughout the summer. (see picture taken near house location!) Nestled along the riverside in an established neighborhood, this home steps back in time when woodwork details set a home apart. The foyer has a substantial carved maple banister and railings accented by vintage lighting. Pine floors with wide painted trim escort you throughout most of the house. The main floor includes a large, brightly lit living room with a see-through fireplace to a library/den. There's plenty of space to house books on the custom bookshelves and stay cozy while watching TV. A formal dining area with great views to the river is adjacent to the eat-in kitchen. A large, tiled central island with a stovetop range positioned to enjoy the river view flows toward the glass sliding door which leads out to the long front porch. Off of the kitchen is a pantry with lots of storage and a washer/dryer. In addition, there is a large room at the back of house which was originally a separate apartment. It includes a sink, a dishwasher, and an electric range.

Last Agent to Sell the Property

Terry Beatley

Connemara and Company Real Estate LTD License #0225251301 Listed on: 10/20/2021

Last Buyer's Agent

Brandon Prince

Oakstone Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1900

Lot Details

  • 1.13 Acre Lot
  • River Front
  • Zoning described as R3

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Victorian Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,109 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • See Through Fireplace
  • Dining Room
  • Screened Porch
  • River Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Cooling Available
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12 4

Community Details

Overview

  • No Home Owners Association
  • Morattico Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Water Body Name: Rappahannock River
  • Subdivision Name: Morattico
  • Directions: When using GPS, use the Lancaster address as follows: 275 Riverside Drive, Lancaster, VA 22503 (GPS doesn't recognize Morattico addresses/zip code) From Kilmarnock on Route 3, drive through Lively. Turn left on Morattico Road (Route 622). Stay on Morattico Road and cross Route 354. Go to village of Morattico and turn left onto Riverside Drive. Third house on left after crossing the causeway.
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Heater (see remarks), Convection Oven, Washer, Microwave, Dishwasher, Range, Disposal, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: See Through, Other
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Wall to Wall Carpet
  • Interior Amenities: Dining Room, Fireplace, Walk-In Closet(s), Other
  • Living Area: 3109
  • Dining Room Features: Breakfast Area, Dining Room

Exterior Features

  • Lot Features: 1-1.9 acres
  • View: River/Creek View
  • View: Yes
  • Waterfront Features: Water Access-Private, River/Creek Front, Pier/Dock
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Sheetrock Walls
  • Exterior Features: Other
  • Other Structures: Workshop, Other, Tool House
  • Patio And Porch Features: Deck, Screened Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Two Car, Detached, Other, Elec Garage Door Opener, Paved Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3017.7
  • Tax Book Number: 345/492
  • Tax Map Number: 12 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Apr 13, 2022
Sold by
Carol Gene Dawson Family Trust
Bought by
Hubbard Elisabeth W
Seller's Agent
Terry Beatley
Connemara and Company Real Estate LTD
Buyer's Agent
Brandon Prince
Oakstone Properties
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$752,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,612
Avg. Annual Appreciation
7.74%
Original Mortgage
$580,000
Outstanding Balance
$551,683
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$234,800

Purchase Details

Closed on
Jun 21, 2019
Sold by
Dawson Carol G
Bought by
Dawson Carol G and The Carol Gene Dawson Family T
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
Hubbard Elisabeth W $615,000 Old Republic Title
Dawson Carol G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Elisabeth W $580,000
Previous Owner Dawson Carol G $50,000
Previous Owner Smith Franklin D $532,000
Previous Owner Smith Franklin $238,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $615,000 0.0% $198 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
10/20/2021 10/20/21 For Sale $615,000 -- $198 / 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 $3,764 $684,400 $162,300 $522,100
2023 $3,022 $479,700 $182,300 $297,400
2022 $3,022 $479,700 $182,300 $297,400
2021 $3,022 $479,700 $182,300 $297,400
2020 $3,022 $479,700 $182,300 $297,400
2019 $3,022 $479,700 $182,300 $297,400
2018 $2,666 $451,800 $186,300 $265,500
2017 $2,666 $451,800 $186,300 $265,500
2016 -- $451,800 $186,300 $265,500
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 111179

APN: 12-4