NOT LISTED FOR SALE

588 Riverside Dr Lancaster, VA 22503

Estimated Value: $464,000 - $605,000

3 Beds
2.5 Baths
2,300 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $400,000 $174 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,439/month

417 Days on Market

Highlights

  • Boat Dock
  • Under Construction
  • Outdoor Pool
  • Beach
  • River Front
  • Clubhouse

About This Home

As of June 2021

Last completed unit left! Move in before the holidays and enjoy waterfront living in a low-maintenance townhouse community located in the quaint Village of Morattico. The views of the Rappahannock are amazing! Your daily options are limitless. Take a swim in the pool, relax on the private sand beach or enjoy a boat ride from your private boat slip! It's all here, awaiting your arrival. Each unit has 3 bedrooms, 2.5 baths, living area with gas fireplace, dining area and a beautiful chef's kitchen with island and stunning views! The master overlooks the River, offers a beautifully appointed ensuite bath, and walk-in closet. Two additional bedrooms are spacious and share a jack & jill bath. The one-car garage completes the picture! 50 year dimensional shingles! No flood insurance required! Conveniently located just 1.5 hours from Richmond, and 2.5 hours from DC, don't miss the opportunity to escape the hustle and bustle and make this your get-away retreat or full-time home today. Love Where You Live!

Last Agent to Sell the Property

Deborah Edgar

Real Broker LLC License #0225276620 Listed on: 02/20/2020

Real Broker LLC

Last Buyer's Agent

Rhonda Wells

IsaBell K. Horsley Real Estate License #0225112569

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $590

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • River Front

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Gas Fireplace
  • Thermal Windows
  • Sliding Doors
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Outdoor Pool
  • Docks
  • Patio

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 12 18O

Community Details

Overview

  • Sloop Pointe Subdivision
  • The community has rules related to allowing corporate owners

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Bulkhead
  • Beach
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$590

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$373 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2020
  • Property Attached Yn: Yes
  • Lot Size: .0523
  • Ownership: Corporate
  • Subdivision Name: Sloop Pointe
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Track Lighting, Walk-In Closet(s)
  • Living Area: 2300.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: Pool, Community
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Exterior Features: Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air, Heat Pump
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Clubhouse, Dock, Home Owners Association, Pool, Bulkhead
  • Association Fee: 4470.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Snow Removal, Water

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 12 18O
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 590.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 25, 2021
Sold by
Rivah House Llc
Bought by
Baybutt Kenneth M and Baybutt Carol Y
Seller's Agent
Deborah Edgar
Real Broker LLC
Buyer's Agent
Rhonda Wells
IsaBell K. Horsley Real Estate
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%
Current Estimated Value
$546,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,831
Avg. Annual Appreciation
6.96%
Original Mortgage
$150,000
Outstanding Balance
$139,259
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$407,572

Purchase Details

Closed on
Sep 3, 2019
Sold by
Sloop Pointe Llc
Bought by
Rivah House Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Baybutt Kenneth M $400,000 Attorney
Rivah House Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baybutt Kenneth M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $400,000 -3.6% $174 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $415,000 -1.0% $180 / Sq Ft
01/26/2021 01/26/21 Price Changed $419,000 -0.2% $182 / Sq Ft
12/31/2020 12/31/20 Price Changed $419,900 -1.2% $183 / Sq Ft
10/13/2020 10/13/20 Price Changed $424,900 -3.2% $185 / Sq Ft
09/29/2020 09/29/20 Price Changed $439,000 0.0% $191 / Sq Ft
09/29/2020 09/29/20 For Sale $439,000 +3.5% $191 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/28/2020 08/28/20 Price Changed $424,000 -2.5% $184 / Sq Ft
02/20/2020 02/20/20 For Sale $435,000 -- $189 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,688 $488,800 $100,000 $388,800
2024 $2,688 $488,800 $100,000 $388,800
2023 $2,401 $381,100 $90,000 $291,100
2022 $2,401 $381,100 $90,000 $291,100
2021 $2,401 $381,100 $90,000 $291,100
2020 $630 $100,000 $90,000 $10,000
2019 $630 $100,000 $90,000 $10,000
2018 $590 $100,000 $90,000 $10,000
2017 $590 $100,000 $90,000 $10,000
2016 -- $100,000 $90,000 $10,000
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2004811

Central Virginia Regional MLS

APN: 12-18O