NOT LISTED FOR SALE

53 Riverside Dr Lancaster, VA 22503

Estimated Value: $202,000 - $231,821

2 Beds
1 Bath
864 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $189,726 $220 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,236/month

4 Days on Market

Highlights

  • Home fronts a creek
  • 1 Car Detached Garage
  • Oversized Parking
  • Cottage
  • Front Porch
  • Eat-In Kitchen

About This Home

As of September 2022

Adorable vintage cottage located in the quaint Village of Morattico. Beautiful water views from almost every room. This sweet cottage offers living and dining rooms, two spacious bedrooms, an eat-in kitchen with a breakfast bar, a full bath with tub and shower, and lots of character and charm. The hard work has been done. Newer HVAC, roof, siding, windows, flooring, etc. Just move in and enjoy! The property overlooks a beautiful pond that is fed by the Rappahannock River. Take a stroll down Riverside Drive or to the historic Morattico Waterfront Museum. Morattico is a golf cart community conveniently located between Warsaw and Kilmarnock. Step back in time and enjoy all the amenities of "country life" in a waterfront community. Just bring your toothbrush and bathing suit, move in and enjoy!

Last Agent to Sell the Property

Deborah Edgar

Deborah Edgar RealEstate Group License #0225075848 Listed on: 08/31/2022

Last Buyer's Agent

Teri Medley

RE/MAX Commonwealth License #0225078928

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Home fronts a creek
  • Zoning described as R3

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11-29

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 0.275
  • Water Body Name: Pond to Rapp.
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Cooking, Electric Water Heater, Refrigerator, Smooth Cooktop, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Paneling/Wainscoting
  • Living Area: 864.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Creek
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Other Structures: Garage(s), Storage
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Off Street, Oversized

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 11-29
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 719.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Sep 15, 2022
Sold by
Marshall Brian K and Marshall Cherie B
Bought by
Ashtianipour Manijeh and Ashtianipour Zhiela
Seller's Agent
Deborah Edgar
Deborah Edgar RealEstate Group
Buyer's Agent
Teri Medley
RE/MAX Commonwealth
List Price
$175,000
Sold Price
$189,726
Premium/Discount to List
$14,726
8.41%
Views
41
Current Estimated Value
$213,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,214
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Jul 23, 2014
Sold by
Hinton T Ryan and Valdrighi Lisa H
Bought by
Marshall Brian K

Purchase Details

Closed on
Dec 31, 2007
Sold by
Parks William L
Bought by
Hinton T Ryan and Valdrighi Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,910
Interest Rate
6.27%
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
Ashtianipour Manijeh $189,726 Fidelity National Title
Marshall Brian K $100,000 --
Hinton T Ryan $71,910 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinton T Ryan $71,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $189,726 +8.4% $220 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $175,000 -- $203 / 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 $945 $171,800 $62,000 $109,800
2023 $719 $114,100 $60,000 $54,100
2022 $719 $114,100 $60,000 $54,100
2021 $719 $114,100 $60,000 $54,100
2020 $719 $114,100 $60,000 $54,100
2019 $719 $114,100 $60,000 $54,100
2018 $658 $111,600 $59,000 $52,600
2017 $658 $111,600 $59,000 $52,600
2016 -- $111,600 $59,000 $52,600
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: 2224209

Central Virginia Regional MLS

APN: 11-29