NOT LISTED FOR SALE

345 Riverside Dr Lancaster, VA 22503

Estimated Value: $678,000 - $830,000

3 Beds
1.5 Baths
2,424 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $465,000 $192 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,281/month

55 Days on Market

Highlights

  • Docks
  • Colonial Architecture
  • High Ceiling
  • Waterfront
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2018

Gorgeous, waterfront home on the Rappahannock is waiting for you! This classic turn-of-century home offers tons of historic charm and character, plus all the modern amenities you could want! You'll be welcomed into the home from the wrap-around front porch--perfect for enjoying your morning coffee, entertaining or relaxing! The living room features a gas fireplace, hardwood flooring, & gorgeous staircase. Formal dining room boasts French doors, a built-in cabinet, chandelier, & access to one of the many porches. The kitchen includes a dishwasher, built-in microwave, eat-in area, white cabinetry, dual basin sink, & more. Upstairs, you'll find a sizable master bedroom with hardwood flooring, double door closet, fan/fixture and amazing views. Two additional bedrooms, office/study (or 4th bedroom), plus a full hall bathroom. Walk-up attic will accommodate all of your storage needs. Two-zone heating & air. The property also features a detached 2-car garage, outdoor shower, & extended dock to enjoy the gorgeous evening sunsets! The Village of Morattico is a charming step back in time, yet close to shopping, restaurants and entertainment. Don't miss this waterfront gem!

Last Agent to Sell the Property

Deborah Edgar

Real Broker LLC License #0225276620 Listed on: 07/02/2018

Real Broker LLC

Last Buyer's Agent

Ahmet Anday

Long & Foster Real Estate License #0225073432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1890

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Zoning described as R3

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Leaded Glass Windows
  • Sliding Doors
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Storm Doors
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Docks
  • Patio
  • Breezeway
  • Wrap Around Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,411

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1890
  • Property Attached Yn: No
  • Lot Size Acres: 1.2
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Pantry
  • Living Area: 2424.0
  • Stories: 2
  • Window Features: Leaded Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Plaster, Vinyl Siding
  • Exterior Features: Dock, Breezeway, Paved Driveway
  • Patio And Porch Features: Front Porch, Patio, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 12-8
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2411.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 2, 2018
Sold by
Mcgee Timothy
Bought by
Benusa Timothy G and Benusa Lisa L
Seller's Agent
Deborah Edgar
Real Broker LLC
Buyer's Agent
Ahmet Anday
Long & Foster Real Estate
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Current Estimated Value
$767,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,423
Avg. Annual Appreciation
7.12%
Original Mortgage
$368,000
Outstanding Balance
$318,927
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$448,496

Purchase Details

Closed on
Oct 13, 2017
Sold by
Mcgee Timothy
Bought by
Mcgee Timothy and Mcgee Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Benusa Timothy G $460,000 River Title & Escrow
Mcgee Timothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benusa Timothy G $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $465,000 -2.1% $192 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $475,000 -4.8% $196 / Sq Ft
07/02/2018 07/02/18 For Sale $499,000 -- $206 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,505 $637,200 $161,800 $475,400
2024 $3,505 $637,200 $161,800 $475,400
2023 $2,814 $446,600 $181,800 $264,800
2022 $2,814 $446,600 $181,800 $264,800
2021 $2,814 $446,600 $181,800 $264,800
2020 $2,814 $446,600 $181,800 $264,800
2019 $2,814 $446,600 $181,800 $264,800
2018 $2,411 $408,700 $185,800 $222,900
2017 $2,411 $408,700 $185,800 $222,900
2016 -- $408,700 $185,800 $222,900
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1823741

Central Virginia Regional MLS

APN: 12-8