NOT LISTED FOR SALE

245 Russell Ln Lancaster, VA 22503

Estimated Value: $548,000 - $852,000

3 Beds
3.5 Baths
2,394 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $297,000 $124 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,934/month

30 Days on Market

Highlights

  • Waterfront
  • ENERGY STAR Certified Homes
  • Wooded Lot
  • Colonial Architecture
  • Deck
  • Wood Flooring

About This Home

As of December 2018

ONLINE BIDDING ENDS October 30 at 1:00 pm ET. This gorgeous property +/-2,394 sq ft waterfront home has 4 BR / 3.5 BA and is perfect for weekend fun, retirement home, or as a permanent home. Exterior features include: a large +/-4.07 acre private lot on Lancaster Creek, elevated creek views, low maintenance vinyl siding, 2-car garage, 2nd floor balcony with water views, rear patio, fire pit, and pier.
Interior features include; wood/tile/carpet, electric heat pump/central air, 1st floor guest room with bath, tray ceiling in dining room, generous, eat-in kitchen with Corian counters & Jenn-Air range, mudroom, 2nd floor features three bed rooms, including inviting master suite, bonus rec room/office, 2nd floor laundry room with washer/dryer, all appliances convey.

Last Agent to Sell the Property

Linda Terry

Tranzon Key Auctions License #0225037588 Listed on: 10/08/2018

Last Buyer's Agent

Linda Terry

Tranzon Key Auctions License #0225037588 Listed on: 10/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 2007

Lot Details

  • 4.07 Acre Lot
  • Waterfront
  • Wooded Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Stove
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Play Equipment

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Edgewater Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5-43

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,277

Year Built

Built in 2007

Lot Details

4.07 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Property Attached Yn: No
  • Lot Size Acres: 4.07
  • Ownership: Corporate
  • Subdivision Name: Edgewater
  • Architectural Style: Colonial
  • 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: Partially Carpeted, Tile, Wood
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Range Hood, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Cable TV, Walk-In Closet(s)
  • Living Area: 2394.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Wooded
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Play Structure, Storage, Shed
  • Patio And Porch Features: Balcony, Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 5-43
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2277.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 26, 2018
Sold by
Ps Spruill Llc
Bought by
Hall Jessie R
Seller's Agent
Linda Terry
Tranzon Key Auctions
Buyer's Agent
Linda Terry
Tranzon Key Auctions
List Price
$385,000
Sold Price
$297,000
Premium/Discount to List
-$88,000
-22.86%
Current Estimated Value
$709,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,041
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Dunston Hall Llc
Bought by
Ps Spruill Llc

Purchase Details

Closed on
Aug 6, 2012
Sold by
Shaheen Lawn Firm Pc
Bought by
Dunston Hall Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hall Jessie R $297,000 Attorney
Ps Spruill Llc $269,175 --
Dunston Hall Llc $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $297,000 -22.9% $124 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $385,000 -- $161 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,379 $614,300 $120,700 $493,600
2024 $3,379 $614,300 $120,700 $493,600
2023 $2,554 $405,400 $130,700 $274,700
2022 $2,554 $405,400 $130,700 $274,700
2021 $2,554 $405,400 $130,700 $274,700
2020 $2,554 $405,400 $130,700 $274,700
2019 $2,554 $405,400 $130,700 $274,700
2018 $2,277 $385,900 $130,600 $255,300
2017 $2,277 $385,900 $130,600 $255,300
2016 -- $385,900 $130,600 $255,300
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Terry

    Seller's Agent in 2018

    Linda Terry

    Tranzon Key Auctions

    (866) 872-6966

    121 Total Sales

    Linda Terry
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Map

Source: Central Virginia Regional MLS

MLS Number: 1835570

Central Virginia Regional MLS

APN: 5-43

Virginia Lancaster County Lancaster 22503

245 Russell Ln, Lancaster, VA

Not Listed for Sale

Detached

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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