NOT LISTED FOR SALE

102 Laurel Way Weems, VA 22576

Estimated Value: $517,000 - $846,000

3 Beds
2.5 Baths
2,342 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $276,500 $118 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,897/month

25 Days on Market

Highlights

  • River Front
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Deck
  • Wood Flooring
  • Central Air

About This Home

As of August 2018

Great opportunity to buy a unique, contemporary waterfront home for $117,000 below the County assessed value. Located very close to Kilmarnock, this home features a first level master suite with walk in closet, hardwood & pine floors, fireplace, attached garage with storage above, private 1.4 acres with hardwoods and Mountain Laurel. This 3 Bedroom, 2.5 Bath home has over 2,300 square feet, screened porch and large waterside deck space. Some renovations complete (painting & floors refinished) but still needs some finishing touches. Great investment opportunity or "instant equity" with some work. Priced to sell at $299,000!

Last Listed By

Joe R. Hunt

Liz Moore & Associates License #0225072007 Listed on: 06/06/2018

Liz Moore & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1986

Lot Details

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

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,342 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Community Details

  • Taylor Creek Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-22C

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Property Attached Yn: No
  • Lot Size Acres: 1.4
  • Water Body Name: Corrottoman Riv
  • Ownership: Estate
  • Subdivision Name: Taylor Creek Area
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Living Area: 2342.0
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition
  • Lot Features: Waterfront
  • Pool Features: None
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

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

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 27-22C
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2450.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 10, 2018
Sold by
The Estate Of John Hampton Mills
Bought by
Oliver Patrick
Seller's Agent
Joe R. Hunt
Liz Moore & Associates
Buyer's Agent
Andrea Holt
IsaBell K. Horsley Real Estate
List Price
$299,000
Sold Price
$276,500
Premium/Discount to List
-$22,500
-7.53%
Total Days on Market
25
Current Estimated Value
$655,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,933
Avg. Annual Appreciation
12.77%
Original Mortgage
$262,675
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Oliver Patrick $276,500 Lawyers Title/Mid Peninsula
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Patrick $81,300
Open Oliver Patrick $256,500
Closed Oliver Patrick $262,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $276,500 -7.5% $118 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $299,000 -- $128 / 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 $3,169 $576,200 $161,800 $414,400
2023 $2,339 $371,300 $151,800 $219,500
2022 $2,339 $371,300 $151,800 $219,500
2021 $2,339 $371,300 $151,800 $219,500
2020 $2,339 $371,300 $151,800 $219,500
2019 $2,339 $371,300 $151,800 $219,500
2018 $2,450 $415,300 $185,800 $229,500
2017 $2,450 $415,300 $185,800 $229,500
2016 -- $415,300 $185,800 $229,500
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joe R. Hunt

    Liz Moore & Associates

    (804) 436-6020

    116 Total Sales

    Joe R. Hunt
    Section Image

  • A

    Buyer's Agent in 2018

    Andrea Holt

    IsaBell K. Horsley Real Estate

    (804) 854-9530

    127 Total Sales

    Andrea Holt
    Section Image
See All Agents

Map

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Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1820807

Chesapeake Bay & Rivers Association of REALTORS®

APN: 27-22C

Virginia Lancaster County Weems 22576

102 Laurel Way, Weems, VA

Homes for Sale in Weems, VA

This home is located at 102 Laurel Way, Weems, VA 22576 since 06 June 2018 and is currently estimated at $655,433, approximately $279 per square foot. This property was built in 1986. 102 Laurel Way 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.