NOT LISTED FOR SALE

877 Wheatland Acres Rd Lottsburg, VA 22511

Estimated Value: $555,000 - $859,636

3 Beds
3 Baths
3,555 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $575,001 $162 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,854/month

72 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River Front
  • Deck
  • Pier or Dock
  • Outdoor Pool
  • Partially Wooded Lot

About This Home

As of December 2023

Just reduced! Owner has relocated to Maryland close to family and is ready to sell her home. Great opportunity for the "right buyer". Located on an awesome 3.09 acre waterfront point lot with 475ft.+- of waterfrontage, dock with deep protected water on Wright's Cove just the Potomac River. Ideal location for second or full time residence in sought after community. Property offers main residence, guest house with living & kitchen, bedroom and bath, pool, deep water dock, outdoor relaxing areas, large boat plus storage barn and a bocce ball court. Home offers large sunroom, poolside, living & family room with fireplace open to kitchen, separate dining room, 3 bedrooms 3 baths, media and game room with bath, two additional overflow sleeping rooms and workshop. If your are looking for a fabulous lot, privacy and an ideal spot for living and enjoying your family and friends, this is the one! The community is also special with all large home sites and great neighbors. Come for a visit and see what this waterfront site and home have to offer. House being sold "as is". Buyer may have home inspections to their satisfaction.

Last Agent to Sell the Property

Sandra Hargett

Liz Moore & Associates, LLC Brokerage Phone: 8044369145 License #0225186742 Listed on: 07/15/2023

Liz Moore & Associates, LLC

Last Buyer's Agent

Charles Faulkner

Historyland Realty LLC License #0225215001

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1975

Lot Details

  • 3.09 Acre Lot
  • River Front
  • Partially Wooded Lot
  • Zoning described as R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Stone Driveway
  • Open Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3,555 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09 ((7)) 011

Community Details

Overview

  • Wheatland Acres Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,497

Year Built

Built in 1975

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 3.091
  • Road Surface Type: Gravel
  • Water Body Name: Potomac River
  • Subdivision Name: Wheatland Acres
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1975
  • Kitchen Level: Main
  • Attribution Contact: 8044369145
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub/Jet Tub
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Other
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate/Wood, Tile, Vinyl, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Dining Room, Fireplace
  • Living Area: 3555
  • Main Level Bedrooms: 3
  • Window Features: Skylight(s)
  • Room Bedroom2 Level: Main
  • Dining Room Features: Dining Area, Dining Room
  • Living Room Living Room Level: Main
  • Room Family Room Level: Main
  • Room Bedroom3 Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Deeded Water Rights, 2-4.9 acres, Part Wooded
  • Pool Features: Outdoor Pool
  • Waterfront Features: Pier/Dock, River/Creek Front
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Brick, Sheetrock Walls
  • Foundation Details: Slab
  • Other Structures: Shed(s), Workshop, Other
  • Patio And Porch Features: Deck
  • Roof: Age Unknown, Fiberglass

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: One Car, Other, Stone Driveway
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump, Oil, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 134643.96
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: DB419-659
  • Tax Map Number: 09 ((7)) 011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Dec 8, 2023
Sold by
Stevens Sue A
Bought by
Polcari John David and Shahidi Layla
Seller's Agent
Sandra Hargett
Liz Moore & Associates, LLC
Buyer's Agent
Charles Faulkner
Historyland Realty LLC
List Price
$709,000
Sold Price
$575,001
Premium/Discount to List
-$133,999
-18.9%
Views
88
Current Estimated Value
$666,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,658
Avg. Annual Appreciation
11.74%
Original Mortgage
$350,000
Outstanding Balance
$345,036
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
$349,366
Source: Public Records

Range of Values:

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Average Value
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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
Polcari John David $575,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polcari John David $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $599,000 -- --
12/08/2023 12/08/23 Sold $575,001 -4.0% $162 / Sq Ft
09/01/2023 09/01/23 Price Changed $599,000 -15.5% $168 / Sq Ft
07/15/2023 07/15/23 For Sale $709,000 -- $199 / Sq Ft
Source: Northern Neck 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 $3,497 $529,900 $190,900 $339,000
2023 $3,974 $529,900 $190,900 $339,000
2022 $3,232 $529,900 $190,900 $339,000
2021 $3,232 $529,900 $190,900 $339,000
2020 $3,126 $529,900 $190,900 $339,000
2019 $3,233 $548,000 $212,200 $335,800
2018 $3,069 $548,000 $212,200 $335,800
2017 $3,069 $548,000 $212,200 $335,800
2016 $2,959 $548,000 $212,200 $335,800
2015 -- $548,000 $212,200 $335,800
2014 -- $548,000 $212,200 $335,800
2013 -- $583,300 $270,900 $312,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 113986

APN: 9-0-7-0-11-0