NOT LISTED FOR SALE

473 Bermuda Rd Lancaster, VA 22503

Estimated Value: $292,000 - $387,000

3 Beds
2 Baths
1,248 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $220,000 $176 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,102/month

182 Days on Market

Highlights

  • Docks
  • Wooded Lot
  • Wrap Around Porch
  • Waterfront
  • 1 Fireplace
  • Oversized Parking

About This Home

As of May 2020

Welcome to privacy on the water! This 3 bedroom 2 bath rancher sits on TWO lots that equals 4.7 acres and is surrounded by trees on a dead end road. This maintenance free home has vinyl siding and the decking has been upgraded to composite and vinyl handrails. In the last three years the owner has added a new roof, vinyl siding, decking, exterior light fixtures, renovated the florida room, and replaced the carpet. The wrap around deck and patio is great for entertaining and allows for great views of the water. The inside offers a family room, eat-in kitchen, and two full baths. The kitchen is open to a Florida room with a wood burning fireplace. The florida room is perfect for having your morning coffee looking at the wildlife and water. There is an unfinished walk out basement for storage. The basement is plumed for another bathroom. Newer HVAC system. The pier is on the adjacent lot and has water depths between 2-3 feet at high tide. The creek empties into the Corrotoman River, that empties into the Rappahannock River. Plenty of wildlife, come crab and fish on the creek and hunt turkey and deer. The community boat ramp/pier is nearby. Owner selling the property totally furnished.

Last Agent to Sell the Property

Shawn Shurm

Realty Richmond License #0225066878 Listed on: 10/08/2019

Last Buyer's Agent

Alice Riviere

Bragg & Company License #0225194069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $907

Year Built

  • Built in 1985

Lot Details

  • 4.7 Acre Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Water Views
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Oversized Parking
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Water Access
  • Mooring
  • Docks
  • Dock Available
  • Wrap Around Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • White House Creek Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31D-3-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$907

Year Built

Built in 1985

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 4.7
  • Ownership: Individuals
  • Subdivision Name: White House Creek Estates
  • Architectural Style: Ranch
  • 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
  • General Property Information Below Grade Unfinished Area: 1008.0
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Full, Walk-Out Access
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Main Level Primary
  • Living Area: 1248.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Wooded, Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Mooring, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Block, Vinyl Siding
  • Exterior Features: Dock, Porch, Unpaved Driveway
  • Patio And Porch Features: Wrap Around, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Oversized, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Road Maintenance, Water Access

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 31D-3-22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 907.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
May 7, 2020
Sold by
Whitlow Leo O and Whitlow Kathie C
Bought by
Martin Mickey John
Seller's Agent
Shawn Shurm
Realty Richmond
Buyer's Agent
Alice Riviere
Bragg & Company
List Price
$242,500
Sold Price
$220,000
Premium/Discount to List
-$22,500
-9.28%
Current Estimated Value
$358,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,648
Avg. Annual Appreciation
9.81%
Original Mortgage
$190,000
Outstanding Balance
$170,197
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$188,673
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
Martin Mickey John $220,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Mickey John $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $220,000 -2.2% $176 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $224,900 -4.3% $180 / Sq Ft
01/30/2020 01/30/20 Price Changed $234,900 -3.1% $188 / Sq Ft
10/08/2019 10/08/19 For Sale $242,500 -- $194 / 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 $1,447 $263,100 $71,500 $191,600
2023 $904 $143,500 $11,500 $132,000
2022 $904 $143,500 $11,500 $132,000
2021 $904 $143,500 $11,500 $132,000
2020 $904 $143,500 $11,500 $132,000
2019 $904 $143,500 $11,500 $132,000
2018 $907 $153,700 $23,000 $130,700
2017 $907 $153,700 $23,000 $130,700
2016 -- $153,700 $23,000 $130,700
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: 1933246

Central Virginia Regional MLS

APN: 31D-3-22