NOT LISTED FOR SALE

450 Yankee Point Rd Lancaster, VA 22503

Estimated Value: $361,000 - $445,572

2 Beds
1.5 Baths
768 Sq Ft
$542/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $415,000 $540 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,275/month

7 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Deck
  • Boat Ramp
  • River Front
  • Granite Countertops

About This Home

As of June 2023

Welcome to your own little slice of paradise! This recently renovated riverfront cottage is as cute as a button and ready for your summer enjoyment. Complete with a private dock, boat lift, and rare deep-water access navigable to the Atlantic Ocean. Step inside and be greeted by a cozy and inviting atmosphere. The home has been lovingly updated, ensuring modern comforts while preserving its charming character. The open layout of the living area allows for seamless flow and showcases panoramic views of the river. Imagine sipping your morning coffee or enjoying a glass of wine in the evening while being captivated by breathtaking sunsets from your own backyard. This property is an outdoor enthusiast's dream. Spend your days boating, fishing, or simply relaxing on the dock, taking in the beauty of the waters that surround you. This delightful cottage comes fully furnished as shown in the photos, making it a turnkey option for those looking for an immediate summer retreat or an investment opportunity. Whether you're seeking a peaceful getaway or a lucrative investment, this property has it all. No flood insurance required. Schedule your private showing today!

Last Agent to Sell the Property

Greg Middleton

RVA Realty, Inc License #0225199592 Listed on: 05/13/2023

Last Buyer's Agent

Kardin Lillis

Weichert Realtors FBG License #0225234875

Weichert Realtors FBG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1960

Lot Details

  • 0.49 Acre Lot
  • River Front
  • Cul-De-Sac
  • Zoning described as R1

Home Design

  • Cottage
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Awning
  • Vinyl Flooring
  • Water Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Docks
  • Deck
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Yankee Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26F-1-2A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Property Attached Yn: No
  • Lot Size Acres: 0.49
  • Water Body Name: off Carratoman
  • Ownership: Individuals
  • Subdivision Name: Yankee Point
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Granite Counters
  • Living Area: 768.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront, Cul-De-Sac
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: River Front, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Drywall, Vinyl Siding
  • Exterior Features: Awning(s), Boat Lift, Deck, Dock
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Oversized

Utilities

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

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 26F-1-2A
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1233.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Jun 29, 2023
Sold by
Bonistalli Richard John and Moss-Bonistalli Jessica Mae
Bought by
De Leo Living Trust and De Leo
Seller's Agent
Greg Middleton
RVA Realty, Inc
Buyer's Agent
Kardin Lillis
Weichert Realtors FBG
List Price
$400,000
Sold Price
$415,000
Premium/Discount to List
$15,000
3.75%
Views
66
Current Estimated Value
$410,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,762
Avg. Annual Appreciation
0.10%
Original Mortgage
$41,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 28, 2022
Sold by
Repko Sr William J
Bought by
Bonistalli Richard John and Moss-Bonistalli Jessica Mae
Seller's Agent
Rachel Douglas
Hometown Realty
Buyer's Agent
Greg Middleton
RVA Realty, Inc
List Price
$315,000
Sold Price
$270,000
Premium/Discount to List
-$45,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.84%
Original Mortgage
$216,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Nofsker Gary L
Bought by
Repko William J and Repko Beverly Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
De Leo Living Trust $415,000 Commonwealth Land Title
Bonistalli Richard John $270,000 Old Republic Title
Repko William J $200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed De Leo Living Trust $41,500
Closed De/E Leo Living Trust $41,500
Open De Leo Living Trust $290,500
Previous Owner Bonistalli Richard John $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $415,000 +3.8% $540 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $400,000 +48.1% $521 / Sq Ft
03/09/2022 03/09/22 Sold $270,000 -14.3% $352 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $315,000 0.0% $410 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $315,000 -- $410 / Sq Ft
Source: Central Virginia Regional 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 $1,168 $212,400 $125,000 $87,400
2023 $1,233 $195,700 $125,000 $70,700
2022 $1,233 $195,700 $125,000 $70,700
2021 $1,233 $195,700 $125,000 $70,700
2020 $1,233 $195,700 $125,000 $70,700
2019 $1,233 $195,700 $125,000 $70,700
2018 $1,332 $225,800 $159,000 $66,800
2017 $1,332 $225,800 $159,000 $66,800
2016 -- $225,800 $159,000 $66,800
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: 2311210

Central Virginia Regional MLS

APN: 26F-1-2A