NOT LISTED FOR SALE

Estimated Value: $489,000 - $1,419,002

2 Beds
2 Baths
2,057 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $990,000 $481 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,392/month

243 Days on Market

Highlights

  • Pier or Dock
  • River Front
  • Family Room with Fireplace
  • Abingdon Elementary School Rated 9+
  • 53 Acre Lot
  • Wood Flooring

About This Home

As of October 2023

Price Improvement !!! Two classic homes on two parcels for a total of 53 subdividable acres for One Price. Now priced below the appraised value and below the county assessment! The property, in its first offering in over a century, consists of two parcels; one includes the main 2-bedroom home, circa 1650, with Pier on 50.59 acres and 1844' of waterfrontage along Free School Creek. The second parcel has a 1-bedroom 1934 Cottage on a 2.62 acre peninsula with 1197'+- of water frontage on Free School Creek. The cottage has a screened porch with long views out into the Severn River and has a Pier/Boathouse and riprapped shoreline. There is a sprawling yard between the main house and the cottage, giving each home its privacy. The entire property is a must see to appreciate. It has sumptuous feeling of a special retreat while just minutes from Gloucester amenities. Looking for an investment property? Rent one or both of the homes. The property is already an income producing property with the cleared farmland currently leased to a farmer. Shown by appointment.

Last Agent to Sell the Property

Andrea Holt

Isabell K. Horsley R. E., Ltd. Brokerage Phone: 8047582430 License #0225210003 Listed on: 12/06/2022

Co-Listed By

Shelley Ritter

Isabell K. Horsley R. E., Ltd. Brokerage Phone: 8047582430 License #0225248398

Last Buyer's Agent

Andrea Holt

Isabell K. Horsley R. E., Ltd. Brokerage Phone: 8047582430 License #0225210003 Listed on: 12/06/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1675

Lot Details

  • 53 Acre Lot
  • River Front
  • Zoning described as C 2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Open Parking

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Plaster Walls
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Crawl Space
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Artesian Water
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 041 70

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1675

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Waterfront Residential
  • Prop. Type: Residential
  • Lot Size Acres: 53
  • Road Surface Type: Paved
  • Water Body Name: Severn River
  • Co List Office Mls Id: 35
  • Co List Office Phone: 804-758-2430
  • Subdivision Name: None
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1675
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room, Two Fireplaces
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Fireplace
  • Living Area: 2057
  • Window Features: Storm Window(s)
  • Dining Room Features: Eat-in Kitchen, Living Room Combo

Exterior Features

  • Lot Features: 50+ acres
  • Waterfront Features: Pier/Dock, River/Creek Front
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Brick, Brick Walls, Plaster Walls
  • Other Structures: Shed(s), Tool House
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Two Car, Elec Garage Door Opener, Stone Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Artesian

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2308680
  • Cultivated Acreage: 1698840
  • Zoning Description: C 2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: WB76/495
  • Tax Map Number: 041 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Sep 28, 2023
Sold by
Henderson Vicki Mains
Bought by
Kevin L Ianni Irrevocable Life Insurance Trus and Kaiser
Seller's Agent
Andrea Holt
Isabell K. Horsley R. E., Ltd.
Buyer's Agent
Andrea Holt
Isabell K. Horsley R. E., Ltd.
List Price
$1,260,000
Sold Price
$990,000
Premium/Discount to List
-$270,000
-21.43%
Views
827
Current Estimated Value
$954,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,999
Avg. Annual Appreciation
-1.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kevin L Ianni Irrevocable Life Insurance Trus $990,000 Blue Heron Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Off Market $1,125,000 -- --
10/03/2023 10/03/23 Sold $990,000 -12.0% $481 / Sq Ft
06/07/2023 06/07/23 Price Changed $1,125,000 -10.7% $547 / Sq Ft
12/06/2022 12/06/22 For Sale $1,260,000 -- $613 / 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
2025 $5,261 $1,069,770 $770,250 $299,520
2024 $5,261 $1,069,770 $770,250 $299,520
2023 $4,999 $1,069,770 $770,250 $299,520
2022 $5,478 $870,160 $533,770 $336,390
2021 $5,301 $870,160 $533,770 $336,390
2020 $5,301 $870,160 $533,770 $336,390
2019 $5,076 $887,920 $573,780 $314,140
2017 $4,910 $824,490 $533,770 $290,720
2016 $4,577 $860,360 $552,240 $308,120
2015 $4,480 $1,078,900 $940,900 $138,000
2014 $1,652 $1,078,900 $940,900 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 113101

APN: 19995