NOT LISTED FOR SALE

976 Ivey Creek Rd Lancaster, VA 22503

Estimated Value: $412,000 - $529,000

3 Beds
2 Baths
1,486 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $399,000 $269 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,532/month

23 Days on Market

Highlights

  • Home fronts a creek
  • Shed
  • Vinyl Flooring
  • Front Porch
  • Central Air
  • Heat Pump System

About This Home

As of April 2023

Don't miss this opportunity to enjoy a renovated ranch-style, waterfront home! Located on protected Ivey Creek, there are fabulous views of the Creek & the Rappahannock is just minutes away! While it's currently under renovation, you will have the opportunity to pick your finishes - flooring, paint, counter tops, tile, etc New roof, new HVAC, new hot water heater, new siding (vinyl), new shed. The rear porch extends the width of the house and provides the perfect space to enjoy beautiful views or to entertain or relax! The open kitchen overlooks the large family room, which leads to the amazing porch. The primary suite offers a full bath. Two additional bedrooms are spacious. The hall bath will feature a tub & shower for convenience. Morattico is a charming and quaint community, located 45 minutes from Tappahannock and just 30 minutes to Kilmarnock. Enjoy wildlife, privacy and beautiful views! Make an appointment to see it today and be ready to pick your personal finishes to make it your home just in time for Spring!

Last Agent to Sell the Property

Deborah Edgar

Real Broker LLC License #0225276620 Listed on: 01/06/2023

Real Broker LLC

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1971

Lot Details

  • 0.47 Acre Lot
  • Home fronts a creek
  • Zoning described as R1

Home Design

  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5-5C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1971

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Property Attached Yn: No
  • Lot Size Acres: 0.47
  • Water Body Name: Ivey Creek
  • Ownership: Individuals
  • Subdivision Name: None
  • 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: Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Pantry
  • Living Area: 1486.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Block, Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Unpaved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump, Radiant
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 5-5C
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1230.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 25, 2023
Sold by
Marlowe Matthew D and Marlowe Mary E
Bought by
Swartz Stacey and Hayward Barbara
Seller's Agent
Deborah Edgar
Real Broker LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$399,000
Sold Price
$399,000
Views
125
Current Estimated Value
$450,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,775
Avg. Annual Appreciation
4.31%
Original Mortgage
$299,000
Outstanding Balance
$290,067
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$160,708

Purchase Details

Closed on
Dec 9, 2022
Sold by
Marlowe Matthew David
Bought by
Marlowe Matthew D and Marlowe Mary E

Purchase Details

Closed on
May 25, 2022
Sold by
Jeanne Marlowe
Bought by
Marlowe Jeanne and Marlowe Matthew David

Purchase Details

Closed on
Mar 12, 2021
Sold by
Brewer Graham Eldridge and Brewer Katherine Ann
Bought by
Marlowe Jeanne and Marlowe Lloyd

Purchase Details

Closed on
Jun 20, 2019
Sold by
Brewer Graham Eldride
Bought by
Brewer Graham Eldridge and Brewer Katherine Ann
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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Purchase History

Date Buyer Sale Price Title Company
Swartz Stacey $399,000 Lawyers Title
Marlowe Matthew D -- --
Marlowe Jeanne -- Dunton Simmons & Dunton Llp
Marlowe Jeanne $202,000 Attorney
Brewer Graham Eldridge -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartz Stacey $299,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $399,000 0.0% $269 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $399,000 -- $269 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,237 $406,800 $90,000 $316,800
2024 $2,237 $406,800 $90,000 $316,800
2023 $1,230 $195,300 $75,000 $120,300
2022 $1,230 $195,300 $75,000 $120,300
2021 $1,230 $195,300 $75,000 $120,300
2020 $1,230 $195,300 $75,000 $120,300
2019 $1,230 $195,300 $75,000 $120,300
2018 $1,503 $254,800 $139,000 $115,800
2017 $1,503 $254,800 $139,000 $115,800
2016 -- $254,800 $139,000 $115,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2232501

Central Virginia Regional MLS

APN: 5-5C

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