NOT LISTED FOR SALE

485 Oak Hill Rd Lancaster, VA 22503

Estimated Value: $1,847,000 - $2,000,000

3 Beds
4 Baths
6,194 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2013

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

Est. 156% increase in value since last sale

Current estimated payment $11,077 / mo

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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Bought by
Current Estimated Value
$1,917,162

Purchase Details

Closed on
Mar 18, 2018
Sold by
Bought by

Purchase Details

Listed on
Nov 16, 2012
Closed on
Nov 12, 2013
Sold by
Bought by
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
7.73%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Lawyers Title Mid Peninsula
$1,295,000 None Available
$750,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Chesapeake Bay & Rivers Association of REALTORS®

APN: 5A-1-B-20

Virginia Lancaster County Lancaster 22503

485 Oak Hill Rd, Lancaster, VA

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