NOT LISTED FOR SALE

5987 Morattico Rd Lancaster, VA 22503

Estimated Value: $248,000 - $304,000

2 Beds
2 Baths
1,335 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2020

Last sale price $145,000 $109 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,617 / mo

561 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ranch Style House
  • No HOA
  • River View
  • Great Room with Fireplace
  • Screened Porch

About This Home

As of July 2020

Very well maintained Brick home and grounds. This property owns water-frontage across the street. A picturesque view of Ivy Creek from most of the rooms of the house. The community of Morattico has a wonderful old fishing village charm and golf cart friendly. A must see location surrounded with creeks and the Rappahannock River, a water lovers paradise!!

Last Agent to Sell the Property

George W. Yeatman

Jim & Pat Carter R. E.. Inc. License #0225040142 Listed on: 11/19/2018

Last Buyer's Agent

Outside R. E. Agent

Other Real Estate Firms

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1975

Lot Details

  • 1.21 Acre Lot
  • Cleared Lot
  • Zoning described as R 3

Home Design

  • Ranch Style House
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,335 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Dining Area
  • Screened Porch
  • River Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Water Access
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5 17B

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1975

Lot Details

1.21 Acres

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.21
  • Water Body Name: Rappahannock River
  • Subdivision Name: None
  • Directions: From Kilmarnock go North on VSH 3 thru the village of Lively. On your Left take VSH 622 into the village of Morattico. House # 5987 is on your left as you enter the village. sign on property & water-frontage sign is on right.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Range Hood, Refrigerator, Dishwasher, Range, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room, One Fireplace, Other, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wall to Wall Carpet, Tile, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Fireplace, Great Room, Walk-In Closet(s)
  • Living Area: 1335
  • Window Features: Double Pane Windows
  • Dining Room Features: Breakfast Area, Great Room Combination, Dining Area

Exterior Features

  • Lot Features: Deeded Water Rights, Cleared, 1-1.9 acres
  • View: River/Creek View
  • View: Yes
  • Waterfront Features: Water Access-Private
  • Construction Type: Brick Veneer, Sheetrock Walls
  • Other Structures: Workshop
  • Patio And Porch Features: Screened Porch
  • Roof: Age 0-9 yrs, Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Natural Gas, Electric, Forced Air, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Pasture Area: 52707.6
  • Zoning Description: R 3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 952.85
  • Tax Book Number: LR13/2158-p p#0420
  • Tax Map Number: 5 17B

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

Listed on
Nov 19, 2018
Closed on
Jul 2, 2020
Sold by
Bought by
Seller's Agent
George W. Yeatman
Jim & Pat Carter R. E.. Inc.
Buyer's Agent
Outside R. E. Agent
Other Real Estate Firms
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$281,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,992
Avg. Annual Appreciation
11.81%
Original Mortgage
$116,000
Outstanding Balance
$102,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$179,622
Source: Public Records
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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
$145,000 The Closing Shop Llc
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
Open $116,000
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
07/02/2020 07/02/20 Sold $145,000 0.0% $109 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
11/19/2018 11/19/18 For Sale $145,000 -- $109 / Sq Ft
Source: Northern Neck 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 $1,228 $223,300 $50,000 $173,300
2024 $1,228 $223,300 $50,000 $173,300
2023 $1,090 $173,000 $40,000 $133,000
2022 $1,090 $173,000 $40,000 $133,000
2021 $1,011 $160,500 $40,000 $120,500
2020 $1,011 $160,500 $40,000 $120,500
2019 $1,011 $160,500 $40,000 $120,500
2018 $953 $161,500 $44,000 $117,500
2017 $953 $161,500 $44,000 $117,500
2016 -- $161,500 $44,000 $117,500
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 104268

APN: 5-17B

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