NOT LISTED FOR SALE

989 Lowery Creek Rd Lancaster, VA 22503

Estimated Value: $640,000 - $783,000

3 Beds
2 Baths
1,786 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $470,000 $263 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,184/month

89 Days on Market

Highlights

  • River Front
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Garage Apartment
  • Deck
  • Wood Flooring

About This Home

As of August 2016

Charming three bedroom two bath home with guest apartment over detached garage and storage shed on Lowery Creek. Lovely waterside deck for dining and entertaining. Nice elevation outside of the flood zone and pretty creek views of protected Lowery Creek. The 2.26 acre lot is partially wooded offering privacy and plenty of elbow room. The garage is heated and cooled. Guest apartment over garage features a bedroom, full bath, living room, dining area, waterside deck and kitchen with range, sink, & refrigerator, Guest apartment has a dedicated heat pump, washer and dryer, hot water heater and septic system. Pier features a T head and 8,000# boat lift, swim ladder, and adirondack chairs. DEEP WATER 6 FEET MLW with heavy duty outboard pilings for large vessels. Quick access right out to the Corrotoman River and beyond. Make sure you watch the video to get an aerial perspective of the waterways.

Last Agent to Sell the Property

Bo Bragg

Bragg & Company License #0225188659 Listed on: 05/12/2016

Last Buyer's Agent

Bruce H. Anderson III

Jim & Pat Carter Real Estate License #0225149016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 2008

Lot Details

  • 2.26 Acre Lot
  • River Front
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Apartment
  • Heated Garage
  • Dry Walled Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Stone Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Deck
  • Shed

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 20-170C

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Property Attached Yn: No
  • Lot Size Acres: 2.26
  • Water Body Name: Corrotoman
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Tray Ceiling(s), Cathedral Ceiling(s), Dining Area, High Ceilings
  • Living Area: 1786.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: River Front, River Access
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Storage, Shed
  • Other Structures: Shed(s), Garage Apartment
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Detached, Finished Garage, Garage, Heated Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 20-170C
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2502.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
Pilato Robert B and Burnside Beth A
Bought by
Flood Mark Alan and Flood Nadine Elise
Current Estimated Value
$705,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 10, 2012
Closed on
Nov 5, 2012
Sold by
Trader Parker P
Bought by
Pilato Robert B
Seller's Agent
Joe R. Hunt
Liz Moore & Associates
List Price
$512,000
Sold Price
$512,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$300,000
Interest Rate
3.5%
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
Flood Mark Alan $470,000 Attorney
Pilato Robert B $512,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flood Mark Alan $376,000
Previous Owner Pilato Robert B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $470,000 -5.8% $263 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $499,000 -2.5% $279 / Sq Ft
11/05/2012 11/05/12 Sold $512,000 0.0% $223 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $512,000 -- $223 / 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 $3,472 $631,200 $171,400 $459,800
2023 $0 $438,200 $161,400 $276,800
2022 $2,761 $438,200 $161,400 $276,800
2021 $2,761 $438,200 $161,400 $276,800
2020 $2,761 $438,200 $161,400 $276,800
2019 $2,761 $438,200 $161,400 $276,800
2018 $2,752 $466,500 $212,600 $253,900
2017 $2,735 $463,500 $212,600 $250,900
2016 -- $463,300 $212,400 $250,900
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bo Bragg

    Seller's Agent in 2016

    Bo Bragg

    Bragg & Company

    (804) 436-7337

    238 Total Sales

    Section Image

  • B

    Buyer's Agent in 2016

    Bruce H. Anderson III

    Jim & Pat Carter Real Estate

  • J

    Buyer Co-Listing Agent in 2016

    Jill Anderson

    Jim & Pat Carter Real Estate

  • J

    Seller's Agent in 2012

    Joe R. Hunt

    Liz Moore & Associates

    (804) 436-6020

    114 Total Sales

    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1618571

Chesapeake Bay & Rivers Association of REALTORS®

APN: 20-170C

Virginia Lancaster County Lancaster 22503

989 Lowery Creek Rd, Lancaster, VA

This home is located at 989 Lowery Creek Rd, Lancaster, VA 22503 since 12 May 2016 and is currently estimated at $696,520, approximately $389 per square foot. This property was built in 2008. 989 Lowery Creek Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster 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.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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