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1871 E River Rd, Foster, VA, 23056

2beds
1baths
1,246sqft
$150,000
$120price/sqft
$1,276/moest. monthly cost
$51,040/yrincome needed

About This Home

Fixer-upper farmhouse on acreage! This 3-bedroom, 1-bath country farmhouse sits on approximately 3.97 acres in the desirable Foster area of Mathews County, offering endless potential for renovation, investment, or a rural homestead. Featuring a traditional farmhouse layout and peaceful setting, this property is ideal for buyers seeking privacy, land, and the opportunity to restore a classic home. Plenty of space for gardening, outdoor projects, or simply enjoying quiet country living. Home requires repairs and updates and is priced to sell accordingly. SUBJECT TO SHORT SALE APPROVAL

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
5/10
4/10
Mathews High SchoolGrades 8-123.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Laminate,Linoleum
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 1,246

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,246 sqft

Property

Details

  • Parcel number: 24A122

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 3.97 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Strong Wind
Drought
Hurricane
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$242$2,904
Property Taxes $74$888
Electricity $202$2,433
Total$1,276$15,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,748/yr
40% on housing$38,280/yr
45% on housing$34,026/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 23056
Mathews County$209

vs Homes Sold Last Month

Median $/sqft

ZIP 23056$115
Mathews County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$150,000
2026-03-02Listed for sale$224,900
2025-01-16Listing removed$224,900
2025-01-14Price change$224,900
2025-01-14Listed for sale$324,900
2022-04-29Sold$174,900
2022-03-29Contingent$174,900
2022-03-29Pending sale$174,900
2021-12-28Price change$174,900
2021-11-05Listed for sale$189,900

For Sale by Agent

AgentLinda Collier
BrokerageHogge Real Estate Inc

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