NOT LISTED FOR SALE

2939 Merry Point Rd Lancaster, VA 22503

Estimated Value: $153,322 - $250,000

2 Beds
1 Bath
836 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $84,200 $101 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,152/month

47 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • 1-Story Property
  • Cottage
  • Cooling Available
  • Dining Room

About This Home

As of January 2020

Cute 2 bedroom/1 bath cottage on a nice level lot close to the Town of Lancaster as well as the Merry Point Ferry! Newly renovated throughout with new heat pump, painting, flooring, lighting, stainless steel range/range hood, and updated bathroom. Detached carport. Nice curb appeal. Easy access to Kilmarnock for schools, shopping, restaurants, hospital. This is a great buy!

Last Agent to Sell the Property

Marion J. Packett

Rice Packett Real Est. Agency License #0225107128 Listed on: 11/11/2019

Last Buyer's Agent

Carolyn S. Packett

Rice Packett Real Est. Agency License #0225002724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $368

Year Built

  • Built in 1940

Lot Details

  • 0.62 Acre Lot
  • Zoning described as M1

Home Design

  • Cottage
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 836 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Dining Room
  • Crawl Space
  • Range with Range Hood
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Carport
  • Stone Driveway
  • Open Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Merry Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21-115 & 21-116

Home Details

Home Type

Single Family

Est. Annual Taxes

$368

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Non-Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Water Body Name: None
  • Subdivision Name: Merry Point
  • Directions: From Warsaw, take Route 3 East for 23 miles. Turn Right onto Merry Point Road. Go 3 miles to house on Left. Sign in yard.
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Unit Levels: One
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range Hood, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wall to Wall Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Dining Room
  • Living Area: 836
  • Dining Room Features: Dining Room

Exterior Features

  • Lot Features: .5-.9 acre
  • Disclosures: No
  • Construction Type: Vinyl Siding, Sheetrock Walls
  • Roof: Composition, Age Unknown

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Carport, Detached, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • 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: 27007.2
  • Zoning Description: M1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 367.5
  • Tax Book Number: LR 2008 2100
  • Tax Map Number: 21-115 & 21-116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 23, 2020
Sold by
Federal National Mortgage Association
Bought by
Nickens Vincent Jerome and Nickens Joan Thomas
Seller's Agent
Marion J. Packett
Rice Packett Real Est. Agency
Buyer's Agent
Carolyn S. Packett
Rice Packett Real Est. Agency
List Price
$84,200
Sold Price
$84,200
Current Estimated Value
$211,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,907
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Alg Trustee Llc
Bought by
Federal National Mortgage Association
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Nickens Vincent Jerome $84,200 First Chesapeake Title & Esc
Federal National Mortgage Association $20,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2020 01/28/20 Sold $84,200 0.0% $101 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $84,200 -- $101 / 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
2025 $574 $104,300 $8,000 $96,300
2024 $574 $104,300 $8,000 $96,300
2023 $365 $57,900 $7,000 $50,900
2022 $365 $57,900 $7,000 $50,900
2021 $365 $57,900 $7,000 $50,900
2020 $365 $57,900 $7,000 $50,900
2019 $365 $57,900 $7,000 $50,900
2018 $343 $58,100 $11,500 $46,600
2017 $343 $58,100 $11,500 $46,600
2016 -- $58,100 $11,500 $46,600
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marion J. Packett

    Rice Packett Real Est. Agency

    (804) 761-8356

    24 Total Sales

    Marion J. Packett
    Section Image

  • C

    Buyer's Agent in 2020

    Carolyn S. Packett

    Rice Packett Real Est. Agency

    (804) 333-4933

    26 Total Sales

    Carolyn S. Packett
    Section Image
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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 106363

APN: 21-116

Virginia Lancaster County Lancaster 22503

2939 Merry Point Rd, Lancaster, VA

Not Listed for Sale

Detached

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