NOT LISTED FOR SALE

Estimated Value: $196,000 - $209,000

0.65 Acre
$311,842 Price per Acre
28,314 Sq Ft Lot

Last Sold November 18, 2024

Last sale price $200,000

Est. 1% increase in value since last sale

Current estimated payment $1,285/month

5 Days on Market

Highlights

  • 0.65 Acre Lot
  • Grassfield Elementary School Rated A-
  • Interior Lot

About This Lot

As of November 2024

Great opportunity to build your dream home in the well established neighborhood of Mariners Pointe in Chesapeake. Lot is cleared and ready. There is a community dock and boat slip which leads out to the Elizabeth River. Drive by and take a look today! 1918 and 1920 Lancing Crest Lane is owned by the same seller. You may purchase separately or together. Buyer to do their own due diligence.

Last Listed By

Carol King

Southerland Real Estate Inc. Listed on: 10/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,667

Lot Details

  • 0.65 Acre Lot
  • Interior Lot
  • Cleared Lot
  • Property is zoned R15

Schools

  • Grassfield Elementary School
  • Hugo A. Owens Middle School
  • Grassfield High School

Utilities

  • Phone Available

Community Details

  • Mariners Pointe Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,667

Lot Details

0

Listing Details

  • Property Type: Land and Farms
  • Property Type - Cross Property: Land and Farms
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Address Street Name Website: Lancing Crest
  • Address Street Num Website: 1920
  • Address Website: 1920 Lancing Crest LN
  • Fence: No
  • Market Time: 5
  • Use Current L A F: None
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence Description: None
  • Frontage Road: City / County
  • Road Surface: Paved
  • Waterfront Description: Not Waterfront

Utilities

  • Utilities: City Sewer, City Water, Electric Avail, Gas Avail, Telephone Avail

Schools

  • Elementary School: Grassfield Elementary
  • Middle School: Hugo A. Owens Middle
  • High School: Grassfield

Lot Info

  • Waterfront YN: No
  • Improvements: Curbs
  • Land Description: Cleared, In Subdivision, Interior
  • Lot Size: .51 to 1.0 Acre
  • Perc Test Table: None
  • Tree Description: None
  • Use Possible: Residential
  • Zoning: R15
  • Estimated Acres: 0.6500

Tax Info

  • Tax Amount Approx: 1667

MLS Schools

  • Elementary School: Grassfield Elementary
  • School High School: Grassfield
  • Middle School: Hugo A. Owens Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Nov 18, 2024
Sold by
Gregg D Smith Rollover Ira and Pensco Trust Company
Bought by
Chesapeake Land Development Llc
Seller's Agent
Carol King
Southerland Real Estate Inc.
Buyer's Agent
Laura Rowe
EXP Realty LLC
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Total Days on Market
5
Views
45
Current Estimated Value
$202,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,697
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Mar 18, 2014
Sold by
Alcaraz Garrett A
Bought by
Pensco Trust Company

Purchase Details

Closed on
Dec 4, 2013
Sold by
Smith Gregg D
Bought by
Alcaraz Garrett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Chesapeake Land Development Llc $200,000 Fidelity National Title
Pensco Trust Company $212,000 --
Pensco Trust Company $212,000 --
Alcaraz Garrett A $209,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alcaraz Garrett A $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $200,000 +0.5% --
10/10/2024 10/10/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $199,000 -- --
Source: Real Estate Information Network (REIN)

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 $1,869 $185,000 $185,000 $0
2023 $1,477 $165,000 $165,000 $0
2022 $1,465 $145,000 $145,000 $0
2021 $1,313 $125,000 $125,000 $0
2020 $1,313 $125,000 $125,000 $0
2019 $1,313 $125,000 $125,000 $0
2018 $1,313 $125,000 $125,000 $0
2017 $1,313 $125,000 $125,000 $0
2016 $1,313 $125,000 $125,000 $0
2015 $1,365 $130,000 $130,000 $0
2014 $1,365 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Information Network (REIN)

MLS Number: 10554058

Real Estate Information Network (REIN)

APN: 0462001000550