NOT LISTED FOR SALE

50 Owings Ct Lancaster, VA 22503

Estimated Value: $887,000 - $1,235,000

3 Beds
2.5 Baths
3,352 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $580,000 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,343/month

574 Days on Market

Highlights

  • Docks
  • Wood Flooring
  • Separate Formal Living Room
  • Home fronts a creek
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of May 2015

Beautiful Brick home nestled along the shores of Browns Creek in the delightful community of Laurel Point. This 3352 Sq. Ft. offers 3 bedrooms, 2 full bathrooms and a powder room of single level living. Among the other amenities are a living room and den with fireplaces, open kitchen with butlers pantry, dining room and a spacious creek room with stunning water views. Enjoy the river lifestyle with 238 of waterfrontage and a dock. Close to town and a short boat ride to the Corrotoman River.

Last Agent to Sell the Property

Travis Powell

Shaheen Ruth Martin & Fonville Real Estate License #0225084368 Listed on: 08/21/2013

Last Buyer's Agent

John Mecke

IsaBell K. Horsley Real Estate License #0225194720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,412

Year Built

  • Built in 1969

Lot Details

  • Home fronts a creek
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,352 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Window Treatments
  • Separate Formal Living Room

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Docks

Utilities

  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Water Heater

Community Details

  • Laurel Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22A 1 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,412

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Lot Size: 1.98
  • Water Body Name: BROWNS CREEK
  • Subdivision Name: LAUREL POINT
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bedroom on Main Level, Separate/Formal Dining Room, Walk-In Closet(s), Window Treatments
  • Living Area: 3352.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Other

Exterior Features

  • Pool Features: None
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Brick, Drywall
  • Exterior Features: Dock, Paved Driveway
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump, Radiant
  • Cooling: Central Air, Electric, Heat Pump
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Parcel Number: 22A 1 19
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Thompson Mark E and Thompson Deborah R
Bought by
Revocable Indenture Of Trust
Current Estimated Value
$1,063,820

Purchase Details

Listed on
Aug 21, 2013
Closed on
May 11, 2015
Sold by
Owings Irvin
Bought by
Thompson Mark E
Seller's Agent
Travis Powell
Shaheen Ruth Martin & Fonville Real Estate
Buyer's Agent
John Mecke
IsaBell K. Horsley Real Estate
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
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
Revocable Indenture Of Trust $949,000 Fidelity National Title
Thompson Mark E $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Mark E $285,000
Previous Owner Thompson Mark E $200,000
Previous Owner Thompson Mark E $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $580,000 0.0% $173 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
08/21/2013 08/21/13 For Sale $580,000 -- $173 / 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 $5,412 $927,300 $224,000 $703,300
2023 $4,112 $652,700 $209,000 $443,700
2022 $4,112 $652,700 $209,000 $443,700
2021 $4,074 $646,700 $209,000 $437,700
2020 $4,074 $646,700 $209,000 $437,700
2019 $4,074 $646,700 $209,000 $437,700
2018 $4,195 $711,000 $299,300 $411,700
2017 $4,195 $711,000 $299,300 $411,700
2016 -- $712,800 $301,100 $411,700
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: 112121

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22A-1-19