NOT LISTED FOR SALE

1225 Belmont Dr Lancaster, VA 22503

Estimated Value: $610,000 - $842,000

3 Beds
2 Baths
2,421 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $443,943 $183 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,938/month

34 Days on Market

Highlights

  • Docks
  • River Access
  • Clubhouse
  • Community Boat Facilities
  • Waterfront
  • Contemporary Architecture

About This Home

As of September 2020

Beautiful Point of Land, Secluded Setting, Amazing Water Views From Every Room, Transitional Style, Open Floor Plan, 3 Bedrooms, 2 Baths, Great Vacation or Year Round "RIVAH" Home, Community Pool, Clubhouse, Boat Landing, So Much More! A Must See! Convientiently Located for Easy Access to Richmond and Northern Virginia.

Last Agent to Sell the Property

Herbert Reynolds

Apex Realty LLC License #0225058097 Listed on: 06/16/2020

Last Buyer's Agent

Stefanie Hall

Liz Moore & Associates License #0225221631

Liz Moore & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1986

Lot Details

  • 1.19 Acre Lot
  • Waterfront
  • Steep Slope

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway
  • Unpaved Parking

Home Design

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

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Screened Porch
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Docks
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 20B-1-25

Community Details

Overview

  • Heritage Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boat Facilities
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 1986

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Property Attached Yn: No
  • Lot Size Acres: 1.19
  • Water Body Name: Corrotoman Rive
  • Ownership: REO
  • Subdivision Name: Heritage Point
  • Architectural Style: Contemporary, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Partially Finished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area
  • Living Area: 2421.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Steep Slope, Sloped, Waterfront
  • Pool Features: None, Community
  • Waterfront Features: River Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Dock, Out Building(s), Storage, Shed, Unpaved Driveway
  • Other Structures: Garage(s), Shed(s), Gazebo, Outbuilding
  • Patio And Porch Features: Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Storage, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Playground, Pool, Tennis Court(s)
  • Association Fee: 315.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Topography: Sloping
  • Parcel Number: 20B-1-25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3013.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 11, 2020
Sold by
Bank Of America Na
Bought by
Parker Kenneth
Seller's Agent
Herbert Reynolds
Apex Realty LLC
Buyer's Agent
Stefanie Hall
Liz Moore & Associates
List Price
$482,000
Sold Price
$443,943
Premium/Discount to List
-$38,057
-7.9%
Current Estimated Value
$683,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,305
Avg. Annual Appreciation
9.38%
Original Mortgage
$435,901
Outstanding Balance
$390,330
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$306,101

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 4, 2020
Sold by
Nationstar Mortgage Llc
Bought by
Bank Of America Na
Seller's Agent
Herbert Reynolds
Apex Realty LLC
Buyer's Agent
Stefanie Hall
Liz Moore & Associates
List Price
$482,000
Sold Price
$443,943
Premium/Discount to List
-$38,057
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,901
Outstanding Balance
$390,330
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$306,101

Purchase Details

Closed on
Feb 17, 2020
Sold by
Carstensen Alvin H and Carstensen Marie V
Bought by
Nationstar Mortgage Llc
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
Parker Kenneth $443,943 The Closing Shop Llc
Bank Of America Na -- None Available
Nationstar Mortgage Llc $559,986 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Kenneth $435,901
Previous Owner Carstensen Alvin Hans $877,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $443,943 -6.5% $183 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $475,000 -1.5% $196 / Sq Ft
06/16/2020 06/16/20 For Sale $482,000 -- $199 / 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 $3,269 $594,400 $161,700 $432,700
2023 $2,848 $452,100 $151,700 $300,400
2022 $2,848 $452,100 $151,700 $300,400
2021 $2,848 $452,100 $151,700 $300,400
2020 $2,848 $452,100 $151,700 $300,400
2019 $2,848 $452,100 $151,700 $300,400
2018 $3,013 $510,600 $233,300 $277,300
2017 $3,013 $510,600 $233,300 $277,300
2016 -- $510,600 $233,300 $277,300
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Herbert Reynolds

    Seller's Agent in 2020

    Herbert Reynolds

    Apex Realty LLC

    (804) 241-5153

    79 Total Sales

    Herbert Reynolds
    Section Image

  • S

    Buyer's Agent in 2020

    Stefanie Hall

    Liz Moore & Associates

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2018466

Central Virginia Regional MLS

APN: 20B-1-25

Virginia Lancaster County Lancaster 22503

1225 Belmont Dr, Lancaster, VA

This home is located at 1225 Belmont Dr, Lancaster, VA 22503 since 16 June 2020 and is currently estimated at $683,248, approximately $282 per square foot. This property was built in 1986. 1225 Belmont Dr 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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