NOT LISTED FOR SALE

5863 Morattico Rd Lancaster, VA 22503

Estimated Value: $323,000 - $364,000

3 Beds
2.5 Baths
1,804 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $253,500 $141 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,039/month

2 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Corner Lot
  • Stables
  • Wood Flooring
  • Circular Driveway

About This Home

As of May 2021

Looking for a low-maintenance home with private acreage in a quaint, waterfront community? This is it! Sited on almost 7 acres, this one-level home is move-in ready! The open, bright foyer welcomes you with hardwood floors. Spacious and bright, the well-appointed kitchen has a charming brick wall, wood stove and direct access to the garage. The family room is warmed by a brick-hearth, wood-burning fireplace with wood stove and built-in bookcases. The sunroom (or morning room), offers direct access to the patio, overlooking the lovely landscaped backyard. All three bedrooms are warmed by carpet and have spacious closets. The primary bedroom offers a walk-in closet and private bath with a shower. The spacious laundry offers a half bath and direct access to the garage. Nice patio space welcomes the opportunity to relax or entertain. Have horses? Bring them with you! Pasture, tack room and stable are ready! Acreage includes a private tidal pond! Lots of storage in the barn, tool shed, tack room, etc, for lawn equipment or other hobbies. Morattico is a charming, waterfront village located minutes to shopping, entertainment and restaurants. Come enjoy the simple life!

Last Agent to Sell the Property

Deborah Edgar

Deborah Edgar RealEstate Group License #0225075848 Listed on: 04/09/2021

Last Buyer's Agent

Virginia Stoughton

IsaBell K. Horsley Real Estate License #0225248107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1985

Lot Details

  • 6.75 Acre Lot
  • Home fronts a pond
  • Property fronts a marsh
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Zoning described as R1

Parking

  • 1 Car Direct Access Garage
  • Circular Driveway
  • Unpaved Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Bay Window
  • Sliding Doors
  • Crawl Space
  • Washer

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5-18A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 6.748
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • 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: Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Microwave, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Laminate Counters
  • Living Area: 1804.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Partial
  • Lot Features: Corner Lot, Landscaped, Pasture
  • Pool Features: None
  • Waterfront Features: Marsh, Pond
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Out Building(s), Storage, Shed, Unpaved Driveway
  • Other Structures: Shed(s), Barn(s), Outbuilding, Stable(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Circular Driveway, Direct Access, Driveway, Garage, Unpaved

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 5-18A
  • Horse Amenities: Horses Allowed, Stable(s), Tack Room
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1148.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 18, 2021
Sold by
Bedwell Ellen Jean
Bought by
Eddy Jennifer Carole
Seller's Agent
Deborah Edgar
Deborah Edgar RealEstate Group
Buyer's Agent
Virginia Stoughton
IsaBell K. Horsley Real Estate
List Price
$269,000
Sold Price
$253,500
Premium/Discount to List
-$15,500
-5.76%
Current Estimated Value
$349,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,096
Avg. Annual Appreciation
11.29%
Original Mortgage
$240,825
Outstanding Balance
$221,010
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$177,899
Source: Public Records

Range of Values:

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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
Eddy Jennifer Carole $253,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddy Jennifer Carole $50,000
Open Eddy Jennifer Carole $240,825
Previous Owner Bedwell Ellen Jean $186,808
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $253,500 -5.8% $141 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $269,000 -- $149 / 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 $1,498 $272,400 $34,700 $237,700
2023 $1,148 $182,200 $34,700 $147,500
2022 $1,148 $182,200 $34,700 $147,500
2021 $1,148 $182,200 $34,700 $147,500
2020 $1,148 $182,200 $34,700 $147,500
2019 $1,148 $182,200 $34,700 $147,500
2018 $1,079 $182,900 $40,200 $142,700
2017 $1,079 $182,900 $40,200 $142,700
2016 -- $182,900 $40,200 $142,700
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: 2108904

Central Virginia Regional MLS

APN: 5-18A