$3,500
SOLD JAN 8, 2025

442 Corrotoman Dr Lancaster, VA 22503

0.54 Acre
$6,481 Price per Acre
23,522 Sq Ft Lot

Recently Sold

36% Below List Price

113 Days on Market

About This Lot

As of January 2025

TWO lots being sold together in Corrotoman By The Bay! CBTB is a waterfront community on the Corrotoman River and just a few minutes from Kilmarnock. Enjoy the MANY community amenities including a large pool, dock and boat slips rental (first come, first serve), kayak rack space rental, clubhouse, and pavilion, 9 hole golf course, tennis/pickleball courts, and frisbee golf! Annual HOA fees are $260 per lot.

Last Agent to Sell the Property

Anjelica Crockett

Middle Bay Realty License #0225210802 Listed on: 08/14/2024

Last Buyer's Agent

Anjelica Crockett

Middle Bay Realty License #0225210802 Listed on: 08/14/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27

Lot Details

  • 0.54 Acre Lot
  • Zoning described as R1

HOA Fees

  • $43 Monthly HOA Fees

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Shared Well
  • Sewer Not Available

Community Details

  • Corrotoman By The Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20D-2-441&442

Property Details

Property Type

Land

Est. Annual Taxes

$27

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.54
  • Ownership: Individuals
  • Subdivision Name: Corrotoman By The Bay
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: None
  • Water Source: Community/Coop, Shared Well
  • Utilities: Natural Gas Not Available, Electricity Available, Sewer Not Available

Condo/Co-op/Association

  • Association Fee: 520.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 20D-2-441&442
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 22.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Brandon Milton L and Brandon Angela K
Bought by
Krothe Kyle Lee and Krothe Nicole Lynn
Current Estimated Value
$351,464
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 Type Sale Price Title Company
Bargain Sale Deed $285,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,482 Stand Alone Refi Refinance Of Original Loan
Previous Owner $232,425 VA
Previous Owner $201,954 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,826 VA
Previous Owner $15,000 Credit Line Revolving
Previous Owner $187,995 New Conventional
Previous Owner $184,625 FHA
Previous Owner $7,131 Unknown
Previous Owner $163,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $3,500 -36.4% --
12/05/2024 12/05/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $5,500 -- --
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 $27 $370,300 $8,000 $362,300
2023 $31 $201,700 $7,000 $194,700
2022 $223 $201,700 $7,000 $194,700
2021 $1,251 $198,500 $7,000 $191,500
2020 $1,251 $198,500 $7,000 $191,500
2019 $1,251 $198,500 $7,000 $191,500
2018 $1,163 $197,100 $15,000 $182,100
2017 $1,163 $197,100 $15,000 $182,100
2016 -- $197,100 $15,000 $182,100
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: 2421625

Chesapeake Bay & Rivers Association of REALTORS®

APN: 20D-1-256