NOT LISTED FOR SALE

4553 Merry Point Rd Lancaster, VA 22503

Estimated Value: $694,000 - $1,517,000

5 Beds
2 Baths
3,990 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $850,000 $213 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,645/month

115 Days on Market

Highlights

  • Docks
  • Deck
  • High Ceiling
  • River Front
  • Wood Flooring
  • Rear Porch

About This Home

As of July 2016

Circa 1767 Tidewater style river home with two additions in 1852 & 1940 is ideally located on the shores on the Corrotoman River with wide water views from the richly landscaped site offering beautiful large shade trees and an abundance of gardens. The home offers a stunning living room with double doors overlooking the river. Beautiful fireplaces at each end of this large room, tall ceilings, and detailed moldings complete a wonderful area for both formal and informal enjoyment. In the 1940's a delightful gathering room w/ fireplace, beamed tall ceilings, lofts at each end, and French doors to a covered porch & patio was built. The home also offers beautiful dining room w/ fireplace, study, and 2 bedrooms in original addition w/ fireplace in one bedroom, plus spacious master w/ fireplace and bath on second level. Also a 3rd guest bath on main level. Cook's kitchen w/ spacious storage & great light from large windows. In addition, a 2 BR guest house, gardens, smoke house, 2 bay open garage w/ storage & wonderful dependency at river's edge. Property offers 14+ acres with wide water frontage and dock w/ 3.5ft+-MLW, but can easily be extended. Call for appointment to see for yourself!

Last Agent to Sell the Property

Sandra Huggins Hargett

VirginiaBay Properties, Inc. License #0225186742 Listed on: 03/18/2016

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1767

Lot Details

  • 14.75 Acre Lot
  • River Front
  • Historic Home
  • Zoning described as R1

Home Design

  • Wood Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 3,990 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Storm Doors

Kitchen

  • Built-In Oven
  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Carport
  • No Garage

Outdoor Features

  • River Access
  • Docks
  • Deck
  • Shed
  • Rear Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 21-39, 21-42D

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,932

Year Built

Built in 1767

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1767
  • Property Attached Yn: No
  • Lot Size Acres: 14.75
  • Water Body Name: Corrotoman Rive
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 320.0
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space, Full
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Refrigerator, Range Hood, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Dining Area, High Ceilings, Kitchen Island
  • Living Area: 3990.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Wood
  • Pool Features: None
  • Waterfront Features: River Front, River Access
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Plaster, Wood Siding
  • Exterior Features: Dock, Storage, Shed
  • Other Structures: Shed(s), Utility Building(s)
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport, No Garage

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 21-39, 21-42D
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3932.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2018
Sold by
Vickers-Smith Jason and Vickers-Smith Christa
Bought by
Vickers-Smith Jason S and Vickers-Smith Christa B
Current Estimated Value
$1,119,939

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 13, 2016
Sold by
Merry Point Llc A Virginia Limited Liabi
Bought by
Vickers-Smith Jason and Vickers-Smith Christa]
Seller's Agent
Sandra Huggins Hargett
VirginiaBay Properties, Inc.
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$650,000
Outstanding Balance
$529,846
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$629,073
Source: Public Records

Range of Values:

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Average Value
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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
Vickers-Smith Jason S -- None Available
Vickers-Smith Jason $850,000 Bridgetrust Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vickers-Smith Jason $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $850,000 -2.9% $213 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $875,000 -- $219 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $6,159 $1,119,900 $297,900 $822,000
2023 $4,642 $736,800 $282,900 $453,900
2022 $4,642 $736,800 $282,900 $453,900
2021 $4,642 $736,800 $282,900 $453,900
2020 $4,642 $736,800 $282,900 $453,900
2019 $4,642 $736,800 $282,900 $453,900
2018 $4,296 $728,100 $345,700 $382,400
2017 $4,296 $728,100 $345,700 $382,400
2016 -- $728,100 $345,700 $382,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sandra Huggins Hargett

    VirginiaBay Properties, Inc.

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    Non MLS Member

See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1611536

Chesapeake Bay & Rivers Association of REALTORS®

APN: 213901

Virginia Lancaster County Lancaster 22503

4553 Merry Point Rd, Lancaster, VA

This home is located at 4553 Merry Point Rd, Lancaster, VA 22503 since 18 March 2016 and is currently estimated at $1,119,715, approximately $280 per square foot. This property was built in 1767. 4553 Merry Point Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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