NOT LISTED FOR SALE

962 Ottoman Ferry Rd Lancaster, VA 22503

Estimated Value: $151,000 - $230,000

3 Beds
1.5 Baths
1,008 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $105,000 $104 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,123/month

174 Days on Market

Highlights

  • Shed
  • Carpet
  • 1-Story Property
  • Baseboard Heating

About This Home

As of December 2019

Updated 3 bedroom, one and a half bath home just outside of Kilmarnock and minutes to Yankee Point Marina. Seller to install new HVAC system with ratified contract!! This home offers an eat in kitchen, laundry area and master bedroom with attached half bath. Recent updates include all new plumbing and new decorator flooring. Located on more than 1.5 acres, this property is landscaped with a lovely front and side border, has ample parking and an outdoor shed. This is a perfect home for a local resident who wants an easy commute to work or someone who loves the water and wants proximity to a full service marina.

Last Agent to Sell the Property

Bo Bragg

Bragg & Company License #0225188659 Listed on: 05/16/2019

Last Buyer's Agent

Vickie Walker

Keller Williams Fairfax Gateway License #0225233862

Keller Williams Fairfax Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1986

Lot Details

  • 1.52 Acre Lot
  • Zoning described as A-2

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Ottoman Subdivision

Listing and Financial Details

  • Tax Lot 1.523 AC
  • Assessor Parcel Number 25 253C

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Property Attached Yn: No
  • Lot Size Acres: 1.523
  • Ownership: Individuals
  • Subdivision Name: Ottoman
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1008.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Other Structures: Shed(s)
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Baseboard, Electric, Other
  • Cooling: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 25 253C
  • Zoning Description: A-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 480.0
  • Tax Lot: 1.523 AC

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Nov 14, 2019
Sold by
White Sharon Renee
Bought by
Ieter Robin Rae
Seller's Agent
Bo Bragg
Bragg & Company
Buyer's Agent
Vickie Walker
Keller Williams Fairfax Gateway
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%
Current Estimated Value
$194,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,308
Avg. Annual Appreciation
10.44%
Original Mortgage
$103,098
Outstanding Balance
$92,320
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$92,032

Purchase Details

Closed on
Aug 15, 2012
Sold by
Slaven Sandy B
Bought by
White Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,326
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Hill Sub Tr Robert B and Baker Joyce E
Bought by
Slaven Sandy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7%
Mortgage Type
New Conventional
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
Ieter Robin Rae $105,000 Stewart Title Guaranty Co
White Sharon R $65,000 --
Slaven Sandy B $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ieter Robin Rae $103,098
Previous Owner Slaven Sandy B $66,326
Previous Owner Slaven Sandy B $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $105,000 -6.3% $104 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $112,000 -- $111 / 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 $706 $128,300 $10,000 $118,300
2023 $475 $75,400 $10,000 $65,400
2022 $475 $75,400 $10,000 $65,400
2021 $475 $75,400 $10,000 $65,400
2020 $475 $75,400 $10,000 $65,400
2019 $475 $75,400 $10,000 $65,400
2018 $480 $81,400 $17,400 $64,000
2017 $480 $81,400 $17,400 $64,000
2016 -- $81,400 $17,400 $64,000
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: 1916130

Chesapeake Bay & Rivers Association of REALTORS®

APN: 25-253C