NOT LISTED FOR SALE

658 Loblolly Rd Weems, VA 22576

Estimated Value: $753,353 - $898,000

20 Acres
$41,386 Price per Acre
866,844 Sq Ft Lot

Last Sold June 19, 2019

Last sale price $430,000 $134 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,910/month

228 Days on Market

Highlights

  • Beach Front
  • Dock Available
  • Water Access

About This Lot

As of June 2019

19.9 Acre Waterfront Property on the Corrotoman River. Stunning Views on this sandy point, cove & adjacent salt pond. 740’ of water frontage await you at this ideal waterfront location just minutes to the Rappahannock River and Chesapeake Bay. Over 4150 square feet of allowable waterside County approved footprint within the 100' RPA. House not suitable for renovation. Developed design plans for the property showing the footprint available to purchaser. County Approved footprint within 38’ of waters edge, yet not in flood zone. Dock with deep 6’+/- MLW and Sandy Shoreline Ideal for Children to Enjoy. Long private driveway with wooded acreage. Potential for Guest House or Family Compound. Almost 20 Private Acres to create your own nature trails! Many want to reside on the river but this property allows you to feel a part of the river, blue herons in the cove, fish jumping feet from your porch. Perfect opportunity for a Waterside Footprint, to build your ideal river home. Close to Golf & Yacht Clubs, Shopping, Restaurants & Healthcare. Sample architectural drawings available. House, Improvements & Property sold As-Is. Although Seller will work with Purchaser on Demolition Costs.

Last Listed By

Travis Powell

Shaheen Ruth Martin & Fonville Real Estate License #0225084368 Listed on: 10/03/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,030

Year Built

  • 1957

Lot Details

  • 19.9 Acre Lot
  • Beach Front
  • River Front
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as r1

Outdoor Features

  • Water Access
  • Mooring
  • Dock Available

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-47A

Property Details

Property Type

Land

Est. Annual Taxes

$4,030

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 19.9
  • Road Surface Type: Gravel
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour
  • Year Built: 1957

Interior Features

  • Possible Use: Investment, Recreational, Subdivision, Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Beach Front, Buildable, Split Possible, Waterfront
  • Waterfront Features: Beach Access, Dock Access, Mooring, River Front, Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File

Utilities

  • Sewer: Septic Tank
  • Water Source: Other
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Satellite Internet Available, Electricity Available

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 22-47A
  • Zoning Description: r1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4030.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Jun 3, 2019
Sold by
Lobel Douglas P and Lobel Elizabeth H
Bought by
Wehr Jay S
Seller's Agent
Travis Powell
Shaheen Ruth Martin & Fonville Real Estate
Buyer's Agent
colleen shaut
Shaheen Ruth Martin & Fonville Real Estate
List Price
$595,000
Sold Price
$430,000
Premium/Discount to List
-$165,000
-27.73%
Total Days on Market
228
Current Estimated Value
$823,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,588
Avg. Annual Appreciation
11.57%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Aug 25, 2014
Sold by
Schroeder Jeffrey A
Bought by
Lobel Douglas P
Seller's Agent
Bruce H. Anderson III
Jim & Pat Carter Real Estate
Buyer's Agent
Travis Powell
Shaheen Ruth Martin & Fonville Real Estate
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.16%

Range of Values:

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Average Value
Not Available
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
Wehr Jay S $430,000 Lawyers Title Mid Peninsula
Lobel Douglas P $720,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2019 06/19/19 Sold $430,000 -27.7% $134 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $595,000 -17.4% $185 / Sq Ft
08/28/2014 08/28/14 Sold $720,000 0.0% $224 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $720,000 -- $224 / Sq Ft
Source: Chesapeake Bay & Rivers Association of REALTORS®

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 $4,124 $749,800 $332,800 $417,000
2023 $3,634 $576,900 $317,800 $259,100
2022 $3,634 $576,900 $317,800 $259,100
2021 $3,634 $576,900 $317,800 $259,100
2020 $3,634 $576,900 $317,800 $259,100
2019 $3,634 $576,900 $317,800 $259,100
2018 $4,030 $683,100 $444,300 $238,800
2017 $4,030 $683,100 $444,300 $238,800
2016 -- $683,100 $444,300 $238,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1835066

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22-47A