NOT LISTED FOR SALE

1412 Laurel Point Rd Lancaster, VA 22503

Estimated Value: $769,000 - $1,157,398

3 Beds
4 Baths
4,333 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $415,000 $96 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,623/month

83 Days on Market

Highlights

  • Home fronts navigable water
  • Wood Flooring
  • 2 Fireplaces
  • In Ground Pool
  • Main Floor Bedroom
  • Separate Formal Living Room

About This Home

As of May 2018

This waterfront home is located in wonderful community of Laurel Point. While the home is in need of repair and renovation, it is structurally very sound with good bones and has large private lot, beautiful water views from every room, and deep water. Home is priced to allow budget for work needed to bring this jewel back to its former beauty. This 4333 sq. ft. home has inground pool on water side, great 2 story floor plan with master on main level, 2 fireplaces and 2 car attached garage. Hendricks Tile roof. Priced $285,000 under assessment.

Last Agent to Sell the Property

Terrie Dort

Long & Foster Real Estate License #0225187086 Listed on: 02/02/2018

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1969

Lot Details

  • 3.81 Acre Lot
  • Home fronts navigable water
  • River Front
  • Zoning described as R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unpaved Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 4,333 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed
  • Rear Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22A-1-26

Community Details

Overview

  • Laurel Point Subdivision

Recreation

  • Community Bulkhead

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,692

Year Built

Built in 1969

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Property Attached Yn: No
  • Lot Size Acres: 3.81
  • Water Body Name: Corrotoman Rvr
  • Ownership: Individuals
  • Subdivision Name: Laurel Point
  • Architectural Style: Ranch
  • 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: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Finished, Heated, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Instant Hot Water, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1313.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, High Speed Internet, Skylights, Cable TV, Wired for Data, Walk-In Closet(s)
  • Living Area: 4333.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other, Tile
  • Fencing: None
  • Pool Features: In Ground, Pool
  • Waterfront Features: Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Brick, Drywall, Wood Siding
  • Exterior Features: Storage, Shed, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Unpaved

Utilities

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

Condo/Co-op/Association

  • Community Features: Bulkhead
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 22A-1-26
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4692.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Bradford Michael E and Williams Tipper Bristol
Bought by
Williams Tipper Bristol
Current Estimated Value
$939,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$179,490
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$784,948

Purchase Details

Listed on
Feb 2, 2018
Closed on
May 26, 2018
Sold by
Brown Gregory W and Brown Martha C
Bought by
Bradford Tipper Williams and Bradford Michael E
Seller's Agent
Terrie Dort
Long & Foster Real Estate
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$510,000
Sold Price
$415,000
Premium/Discount to List
-$95,000
-18.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$311,250
Outstanding Balance
$271,408
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$693,030

Purchase Details

Closed on
May 21, 2015
Sold by
Nosworthy Alan T
Bought by
Brown Gregory W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,294
Interest Rate
3.66%
Mortgage Type
VA
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
Williams Tipper Bristol -- None Available
Bradford Tipper Williams $415,000 Vesta Settlements Llc
Brown Gregory W $486,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Tipper Bristol $200,000
Open Bradford Tipper Williams $311,250
Previous Owner Brown Gregory W $491,294
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $415,000 -18.6% $96 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $510,000 -- $118 / 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 $4,918 $894,100 $243,100 $651,000
2023 $3,791 $601,800 $228,100 $373,700
2022 $3,747 $594,800 $228,100 $366,700
2021 $3,747 $594,800 $228,100 $366,700
2020 $3,747 $594,800 $228,100 $366,700
2019 $3,530 $560,300 $228,100 $332,200
2018 $4,692 $795,300 $342,200 $453,100
2017 $4,692 $795,300 $342,200 $453,100
2016 -- $795,300 $342,200 $453,100
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1803628

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22A-1-26