NOT LISTED FOR SALE

857 Iron Point Ln Cobbs Creek, VA 23035

Estimated Value: $330,000 - $722,000

3 Beds
1 Bath
1,040 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $525,000 $505 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,767/month

21 Days on Market

Highlights

  • Docks
  • Wood Burning Stove
  • Additional Land
  • River Front
  • 1 Car Garage
  • Oversized Parking

About This Home

As of October 2022

Amazing Piankatank Riverfront property with million-dollar views and location! The property consists of 4 lots, two lots are possibly buildable per Matthews County Planning Department (one lot has the existing home), an adorable River Cottage with attached garage that has been exceptionally maintained, detached shed with lean-to boat storage. You will enjoy endless fun with your 270' pier, viewing deck overlooking the river, swim in the cove, explore the Rivers and Chesapeake Bay. Only a short drive to the lovely towns of Matthews and close to other towns such as Deltaville, Gwen's Island, White Stone, Irvington, Kilmarnock. Showings by appointment only, do not enter the property or walk on the grounds without an appointment. Property Sold AS-IS, Inspections for Information Purposes only!

Last Agent to Sell the Property

Nicole Smith

Open Gate Realty Group License #0225063706 Listed on: 08/25/2022

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1970

Lot Details

  • 1.89 Acre Lot
  • River Front
  • Additional Land

Parking

  • 1 Car Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Wood Burning Stove
  • Water Views
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • River Access
  • Docks
  • Shed
  • Outbuilding
  • Breezeway

Schools

  • Lee Jackson Elementary School
  • Thomas Hunter Middle School
  • Mathews High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 2A-2-20, 2A-2-21, 2A-2-21A, 2A-2-19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,701

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Property Attached Yn: No
  • Lot Size Acres: 1.89
  • Water Body Name: Piankatank
  • Ownership: Estate
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Bedroom on Main Level, Paneling/Wainscoting
  • Living Area: 1040.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Additional Land Available, Waterfront
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: River Front, River Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Exterior Features: Dock, Out Building(s), Storage, Shed, Breezeway
  • Other Structures: Storage, Outbuilding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Detached, Garage, Off Street, Oversized, Storage

Utilities

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

Schools

  • Middle Or Junior School: Thomas Hunter

Lot Info

  • Parcel Number: 2A-2-20, 2A-2-21, 2A-2-21A, 2A-2-19
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1701.0
  • Tax Lot: 20

MLS Schools

  • Elementary School: Lee Jackson
  • High School: Mathews

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 14, 2022
Sold by
Reynolds Richard L
Bought by
Winfree Paul L and Winfree Jade A
Seller's Agent
Nicole Smith
Open Gate Realty Group
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Views
22
Current Estimated Value
$481,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,623
Avg. Annual Appreciation
-4.21%
Original Mortgage
$448,258
Outstanding Balance
$431,856
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$32,554
Source: Public Records

Range of Values:

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

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
Winfree Paul L $525,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winfree Paul L $448,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $525,000 -8.7% $505 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $575,000 -- $553 / 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
2025 $1,742 $290,400 $150,000 $140,400
2024 $1,626 $290,400 $150,000 $140,400
2023 $1,626 $290,400 $150,000 $140,400
2022 $1,688 $263,700 $150,000 $113,700
2021 $1,701 $263,700 $150,000 $113,700
2020 $1,701 $263,700 $150,000 $113,700
2019 $1,701 $263,700 $150,000 $113,700
2018 $1,516 $263,700 $150,000 $113,700
2017 $1,516 $263,700 $150,000 $113,700
2015 $14,850 $0 $0 $0
2014 $14,850 $275,000 $150,000 $125,000
2013 $1,293 $275,000 $150,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Smith

    Seller's Agent in 2022

    Nicole Smith

    Open Gate Realty Group

    (804) 426-4275

    116 Total Sales

    Nicole Smith
    Section Image

  • N

    Buyer's Agent in 2022

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2224031

Central Virginia Regional MLS

APN: 2A-2-20

Virginia Mathews County Cobbs Creek 23035

857 Iron Point Ln, Cobbs Creek, VA

This home is located at 857 Iron Point Ln, Cobbs Creek, VA 23035 since 25 August 2022 and is currently estimated at $481,377, approximately $462 per square foot. This property was built in 1970. 857 Iron Point Ln is a home located in Mathews County with nearby schools including Thomas Hunter Middle School and Mathews High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes