NOT LISTED FOR SALE

487 Normans Corner Rd Farnham, VA 22460

Estimated Value: $94,000 - $200,000

3 Beds
1.5 Baths
1,250 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $80,000 $64 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $837/month

207 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Enclosed Patio or Porch
  • No HOA
  • Formal Dining Room
  • Galley Kitchen

About This Home

As of September 2022

Seller is motivated! Home is only 5 minutes from the Yeocomico River and public boat ramp! This is an adorable cozy cottage located in Richmond County. Are you looking for an investment property or starter home? Look no further. This county is known for a great school system and is highly sought after. Owners have renovated one of the bedrooms with all new insulation, drywall and wiring. Entire home has new plumbing as of 2016, a new meter base and breaker box. A handmade island adds character and extra workspace in the kitchen! Home has beautiful hardwood flooring throughout! The back porch is fully enclosed. I will be adding new photos soon, however you may want to schedule a showing quickly because homes in this price range sell fast! The Northern Neck of VA. has become a favorite place to migrate to as people are buying vacation homes here! There are local public boat ramps, lots of marinas, waterfront restaurants, beaches, state parks, crabbing, fishing, charter services, and more! The Northern Neck also has bald eagles, blue herons, dolphins, The Chesapeake Bay, Tangier Island cruises and local towns like Kilmarnock known for upscale shopping and Compass Entertainment center with a go kart track, movie theatre, dining and games! Home is convenient to Richmond, Tappahannock, Mechanicsville and Warsaw. The Northern Neck is also known for its history...here you will find Stratford Hall home of Robert E. Lee, George Washington's birthplace with a beautiful beach on the Potomac River, museum and picnic area not far from the town of Colonial Beach. Seller has been making some improvements, the next improvement will be to replace the front steps with wooden steps. Bring all offers! (There are some small interior door windows that the owner is in the process of replacing. )

Last Agent to Sell the Property

April Caldwell

Samson Properties License #0225213295 Listed on: 01/17/2022

Samson Properties

Last Buyer's Agent

April Caldwell

Samson Properties License #0225213295 Listed on: 01/17/2022

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1960

Lot Details

  • 0.92 Acre Lot
  • Property is in good condition

Home Design

  • Cottage
  • Plaster Walls
  • Block Wall
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1.5 Levels
  • Built-In Features
  • Paneling
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Stone Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Heating System Uses Oil
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Shared Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-33

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Stove, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Wood Floors, Window Treatments, Wainscotting, Tub Shower, Kitchen - Galley, Formal/Separate Dining Room, Built-Ins
  • Fireplace: No
  • Wall Ceiling Types: Block Walls, Plaster Walls, Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room Count: 6
  • Basement: No
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 127.92
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 487

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Stone Driveway
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well-Shared

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: RICHMOND COUNTY PUBLIC SCHOOLS
  • School District Key: 300200396546
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40075.20
  • Outdoor Living Structures: Porch(es), Enclosed
  • Property Condition: Good
  • Zoning: R-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 556.00
  • Assessor Parcel Number: 27-33
  • Tax Year: 2020
  • Close Date: 09/12/2022

MLS Schools

  • School District Name: RICHMOND COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Sep 8, 2022
Sold by
Riddell Stephen J and Riddell Rebecca W
Bought by
Self Michael Jeffrey
Seller's Agent
April Caldwell
Samson Properties
Buyer's Agent
April Caldwell
Samson Properties
List Price
$169,900
Sold Price
$80,000
Premium/Discount to List
-$89,900
-52.91%
Current Estimated Value
$143,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,037
Avg. Annual Appreciation
19.98%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Harrison Iris S
Bought by
Riddell Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Self Michael Jeffrey $80,000 Fidelity National Title
Riddell Stephen J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riddell Stephen J $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $80,000 0.0% $64 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
03/06/2022 03/06/22 Off Market $80,000 -- --
01/25/2022 01/25/22 Price Changed $159,900 -5.9% $128 / Sq Ft
01/17/2022 01/17/22 For Sale $169,900 -- $136 / Sq Ft
Source: Bright 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 $699 $116,467 $22,101 $94,366
2023 $559 $79,792 $22,101 $57,691
2022 $559 $79,792 $22,101 $57,691
2021 $559 $79,792 $22,101 $57,691
2020 $559 $79,792 $22,101 $57,691
2019 $559 $79,792 $22,101 $57,691
2018 $559 $79,792 $22,101 $57,691
2017 $559 $79,792 $22,101 $57,691
2016 $559 $79,792 $0 $0
2015 $541 $0 $0 $0
2014 $541 $0 $0 $0
2013 $541 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VARV2000068

Bright MLS

APN: 27-33