NOT LISTED FOR SALE

1065 Griffins Landing Rd Lancaster, VA 22503

Estimated Value: $240,000

1.09 Acres
$220,183 Price per Acre
47,480 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $185,000 $83 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,344/month

27 Days on Market

About This Lot

As of October 2023

Beautiful 1+ Acre lot with dock and boathouse on the Western Branch of the Corrotoman River near Lively Virginia. Enjoy beautiful views and easy access to the Rappahannock River and Chesapeake Bay. This property includes a well and storage shed with electricity. Come build your dream home and enjoy the Rivah life!

Last Agent to Sell the Property

Deane Cheatham

Hometown Realty License #0225037630 Listed on: 07/12/2023

Hometown Realty

Last Buyer's Agent

Alli Taylor

Real Broker LLC License #0225235229

Real Broker LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,914

Lot Details

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

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 14-105B

Community Details

Overview

  • Old Orchard Subdivision

Recreation

  • River Access
  • Mooring
  • Dock Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,914

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.09
  • Water Body Name: Corrotoman
  • Ownership: Estate
  • Subdivision Name: Old Orchard
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Dock Access, Mooring, River Front, River Access, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: None
  • Water Source: Well
  • Utilities: Natural Gas Not Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 14-105B
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1914.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2018
Closed on
Mar 23, 2020
Sold by
Campbell Kenneth and Adams Robert W
Bought by
Farrand Sara S and Hall Dolores E
Seller's Agent
Betsy Stanley
Shaheen Ruth Martin & Fonville Real Estate
Buyer's Agent
Debra Shortt
Isabell K. Horsley Real Estate
List Price
$309,000
Sold Price
$270,000
Premium/Discount to List
-$39,000
-12.62%
Current Estimated Value
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,000
Avg. Annual Appreciation
-2.11%
Original Mortgage
$300,000
Outstanding Balance
$268,626
Interest Rate
3.4%
Mortgage Type
Unknown
Estimated Equity
-$28,626
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Farrand Sara S $270,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrand Sara S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $185,000 -14.0% $83 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $215,000 -20.4% $96 / Sq Ft
03/26/2020 03/26/20 Sold $270,000 -12.6% $121 / Sq Ft View Prior Sale
02/25/2020 02/25/20 Pending -- -- --
12/17/2018 12/17/18 For Sale $309,000 -- $138 / Sq Ft
Source: Central Virginia Regional MLS

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 $800 $145,400 $130,000 $15,400
2023 $851 $135,100 $120,000 $15,100
2022 $1,914 $303,800 $120,000 $183,800
2021 $1,914 $303,800 $120,000 $183,800
2020 $1,914 $303,800 $120,000 $183,800
2019 $1,914 $303,800 $120,000 $183,800
2018 $1,946 $329,800 $159,000 $170,800
2017 $1,946 $329,800 $159,000 $170,800
2016 -- $329,800 $159,000 $170,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2316894

Central Virginia Regional MLS

APN: 14-105B