NOT LISTED FOR SALE

485 Oak Hill Rd Lancaster, VA 22503

Estimated Value: $1,503,000 - $1,897,000

3 Beds
4 Baths
6,194 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 13, 2013

Last sale price $750,000 $121 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $9,805/month

332 Days on Market

Highlights

  • Docks
  • Home fronts a creek
  • Deck
  • Beach Access
  • River Front
  • Cathedral Ceiling

About This Home

As of November 2013

Privacy!! 14.2 acres on Corrotoman River w/gorgeous sand beach, 12'MLW at dock. 6000+ sq.ft. dwelling that includes hardwood floors, open floor plan, cultured marble countertops, 2 fireplaces w/gas logs in MBR and living rm, vaulted cedar ceilings. Waterside deck 24 x 80 w/wide water views, whole house generator, ice maker, covered front porch w/brick floor, 4 bay garage w/workshop, large barn, small spring fed pond.

Last Agent to Sell the Property

Skipper Garrett

Shaheen Ruth Martin & Fonville Real Estate License #0225166579 Listed on: 11/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 1980

Lot Details

  • Home fronts a creek
  • River Front
  • Zoning described as A2

Parking

  • 4 Car Detached Garage
  • Workshop in Garage

Home Design

  • Fire Rated Drywall
  • Wood Siding

Interior Spaces

  • 6,194 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,017

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Size: 14.2+/-acre
  • View: Water
  • Has View?: Yes
  • Water Body Name: CORROTOMAN RIVE
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: cbra.144
  • Subdivision Name: NONE
  • Directions: From Ottoman on Rt.354: turn left on Rt. 604 (Ottoman Ferry Rd.), go approx. 2 miles before ferry, turn right on Oak Hill Rd., go approx. 3/4 miles and property on left.
  • Architectural Style: Other, Two Story
  • Basement: Crawl Space
  • Has Basement?: No
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 6194.0
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Water Heater: Electric
  • RecordSignature: 1002832807
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer
  • Other Equipment: Generator, Satellite Dish
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Flooring: Carpet, Wood
  • Interior Amenities: Wet Bar, Bedroom on Main Level, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Walk-In Closet(s)
  • Total Bedrooms: 12
  • Stories: 2
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront Features: Beach Access, Creek, River Front
  • Waterfront?: Yes
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Dock
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 4.0
  • Has Attached Garage?: Yes
  • Parking Features: Detached, Garage, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump, Propane
  • Heating Yn: Yes

Lot Info

  • Zoning Description: A2

Tax Info

  • Tax Annual Amount: 4016.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Mccormack Daniel M and Mccormack Carolyn T
Bought by
Wengen Holding Llc A Delaware Limited Li
Current Estimated Value
$1,749,172

Purchase Details

Closed on
Mar 18, 2018
Sold by
Mccormack Daniel M and Mccormack Carolyn T
Bought by
Wengen Holdings Llc A Delaware Limited L

Purchase Details

Listed on
Nov 16, 2012
Closed on
Nov 12, 2013
Sold by
Liebert Patricia B
Bought by
Mccormack Daniel M
Seller's Agent
Skipper Garrett
Shaheen Ruth Martin & Fonville Real Estate
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$600,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wengen Holding Llc A Delaware Limited Li $300,000 Lawyers Title Mid Peninsula
Wengen Holdings Llc A Delaware Limited L $1,295,000 None Available
Mccormack Daniel M $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccormack Daniel M $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2013 11/13/13 Sold $750,000 0.0% $121 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $750,000 -- $121 / 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
2025 $8,666 $1,575,700 $350,000 $1,225,700
2024 $8,666 $1,575,700 $350,000 $1,225,700
2023 $7,088 $1,125,000 $335,000 $790,000
2022 $7,088 $1,125,000 $335,000 $790,000
2021 $7,088 $1,125,000 $335,000 $790,000
2020 $7,088 $1,125,000 $335,000 $790,000
2019 $7,088 $1,125,000 $335,000 $790,000
2018 $5,470 $927,200 $340,900 $586,300
2017 $5,470 $927,200 $340,900 $586,300
2016 -- $927,200 $340,900 $586,300
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Skipper Garrett

    Shaheen Ruth Martin & Fonville Real Estate

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 109767

APN: 5A-1-B-20

Virginia Lancaster County Lancaster 22503

485 Oak Hill Rd, Lancaster, VA

Not Listed for Sale

Detached

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