NOT LISTED FOR SALE

62 Riverside Dr Lancaster, VA 22503

Estimated Value: $547,000 - $642,706

3 Beds
2 Baths
1,926 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $531,000 $276 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,527/month

10 Days on Market

Highlights

  • Docks
  • Wood Flooring
  • Cottage
  • Home fronts navigable water
  • Screened Porch
  • Formal Dining Room

About This Home

As of June 2023

Step back in time. This classic waterfront coastal cottage exudes character and charm. You will be welcomed by heart-pine floors throughout, a double gas fireplace in the living room/family room, a waterside dining room, and open spaces with walls of windows to enjoy the magnificent views of the Rappahannock River! The kitchen is cozy and functional, offering lots of cabinet space. A first-floor primary suite includes a bedroom, full bath and sitting area which could be a studio or office. Upstairs you will find a cozy book nook, two additional bedrooms, both offering lots of storage and beautiful water views, as well as another full bath. The porches, both enclosed and screened, will beckon you to sit a while, whether you are entertaining, playing board games, or simply resting or reading a good book. Just over an acre, the landscaping is beautiful. There is a private dock, a private beach and amazing views of the river for as far as you can see! A garage/workshop offers lots of storage space. Morattico is a charming and quaint Village, located just minutes to Kilmarnock and Tappahannock. Just 1.45 hours from Richmond and approximately 2.5 hours from the DC area.

Last Agent to Sell the Property

Deborah Edgar

Real Broker LLC License #0225276620 Listed on: 03/24/2023

Real Broker LLC

Last Buyer's Agent

Cole Atkins

Providence Hill Real Estate License #0225234734

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1947

Lot Details

  • 1.07 Acre Lot
  • Home fronts navigable water
  • River Front
  • Fenced Front Yard
  • Level Lot
  • Zoning described as R3

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,926 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Docks
  • Dock Available
  • Glass Enclosed
  • Shed
  • Outbuilding

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Community Details

  • Community Bulkhead

Listing and Financial Details

  • Assessor Parcel Number 11-33 & 11-33A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,192

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 1.07
  • Water Body Name: Rappahannock
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage, Two Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Built-In Oven, Dryer, Electric Cooking, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Fireplace, Tile Countertop, Tile Counters
  • Living Area: 1926.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Fencing: Front Yard, None
  • Lot Features: Waterfront, Level
  • Pool Features: None
  • Waterfront Features: Dock Access, Mooring, Navigable Water, River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Dock, Out Building(s), Storage, Shed, Unpaved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Unpaved, Workshop in Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Bulkhead

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Topography: Level
  • Parcel Number: 11-33 & 11-33A
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3192.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 29, 2023
Sold by
Ellinger Mary Duley
Bought by
Wiedemer Benjamin M and Barefoot Charles B
Seller's Agent
Deborah Edgar
Real Broker LLC
Buyer's Agent
Cole Atkins
Providence Hill Real Estate
List Price
$599,000
Sold Price
$531,000
Premium/Discount to List
-$68,000
-11.35%
Views
76
Current Estimated Value
$619,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,461
Avg. Annual Appreciation
4.92%
Original Mortgage
$424,800
Outstanding Balance
$412,075
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$191,352

Purchase Details

Closed on
Jun 11, 2019
Sold by
Ellinger Mary Duley and Guy Harold C
Bought by
Ellinger Mary Duley
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
Wiedemer Benjamin M $531,000 None Listed On Document
Ellinger Mary Duley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiedemer Benjamin M $424,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $531,000 -11.4% $276 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $599,000 -- $311 / 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 $3,689 $670,700 $215,000 $455,700
2024 $3,689 $670,700 $215,000 $455,700
2023 $3,192 $506,600 $200,000 $306,600
2022 $3,192 $506,600 $200,000 $306,600
2021 $3,192 $506,600 $200,000 $306,600
2020 $3,192 $506,600 $200,000 $306,600
2019 $3,192 $506,600 $200,000 $306,600
2018 $2,577 $436,700 $204,000 $232,700
2017 $2,577 $436,700 $204,000 $232,700
2016 -- $436,700 $204,000 $232,700
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: 2304516

Central Virginia Regional MLS

APN: 11-33