NOT LISTED FOR SALE

1503 Laurel Point Rd Lancaster, VA 22503

Estimated Value: $422,000 - $585,000

3 Beds
3 Baths
2,641 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 1503 Laurel Point Rd, Lancaster, VA 22503 and is currently estimated at $507,362, approximately $192 per square foot. 1503 Laurel Point Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2025
Sold by
Burns William R Travis and Burns Kelly B
Bought by
Lee William K and Lee Stevie H
Current Estimated Value
$507,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,250
Outstanding Balance
$19,178
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$488,184

Purchase Details

Closed on
Aug 24, 2016
Sold by
Berry Robert C and Berry Deborah Dare
Bought by
Burns William R Travis and Burns Kelly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,942
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lee William K $425,000 First American Title
Burns William R Travis $224,000 Ripley Coastal Closings Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee William K $21,250
Open Lee William K $417,302
Previous Owner Burns William R Travis $219,942
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
2025 $2,102 $382,200 $23,600 $358,600
2024 $2,102 $382,200 $23,600 $358,600
2023 $1,558 $247,300 $42,100 $205,200
2022 $1,558 $247,300 $42,100 $205,200
2021 $1,558 $247,300 $42,100 $205,200
2020 $1,558 $247,300 $42,100 $205,200
2019 $1,558 $247,300 $42,100 $205,200
2018 $1,405 $238,200 $49,400 $188,800
2017 $1,405 $238,200 $49,400 $188,800
2016 -- $238,200 $49,400 $188,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Lancaster County Lancaster 22503

1503 Laurel Point Rd, Lancaster, VA

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.

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