NOT LISTED FOR SALE

55 Sandy Ln Lancaster, VA 22503

Estimated Value: $244,000 - $297,000

3 Beds
2 Baths
1,400 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $231,000 $165 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,622/month

11 Days on Market

Highlights

  • Private Water Access
  • Ranch Style House
  • Main Floor Bedroom
  • Deck
  • Cathedral Ceiling
  • Great Room

About This Home

As of May 2023

Great weekend get away, starter home, investment property, or "time to downsize" home in Corrotoman By The Bay! 3 bedroom, 2 bath home is move-in ready and has updated appliances. Covered front porch leads into open floor plan great room, kitchen, and dining room with vaulted ceilings and ceiling fan. Exterior door off the kitchen leads to a fenced in backyard. Laundry closet is convenient with updated appliances. Full hall bathroom between two guest rooms. Primary bedroom with ceiling fan, closet, private deck, and an ensuite bath. Partial basement is great for storage, workshop, or extra hang-out space. This property includes 3 lots, storage shed, and fire pit - plenty of room for relaxing and playing games. Come check out all that Corrotoman By The Bay has to offer - tennis court, pool, playground, dock and water access for its property owners!

Last Agent to Sell the Property

Kelly Antonio & Alice Riviere

Bragg & Company Brokerage Phone: 8044352299 Listed on: 04/13/2023

Last Buyer's Agent

Outside R.e. Agent last name

Other Real Estate Firms

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.52 Acre Lot
  • Fenced
  • Zoning described as R 1

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Dining Room
  • Basement
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • Deck
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Corrotoman By The Bay Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 20D 2 399-401

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Sub Type: Water Access Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: Corrotoman By The Bay
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Other-See Remarks
  • Year Built: 2016
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wall to Wall Carpet
  • Interior Amenities: 1st Floor Bedroom, Cathedral/Vaulted/Tray Ceilings, Great Room
  • Living Area: 1400
  • Main Level Bedrooms: 3
  • Window Features: Window Treatments
  • Room Bedroom2 Level: Main
  • Dining Room Features: Great Room Combination, Kitchen-Bar
  • Room Bedroom3 Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Fencing: Fenced
  • Lot Features: .5-.9 acre
  • Waterfront Features: Water Access-Private
  • Construction Type: Vinyl Siding, Sheetrock Walls
  • Foundation Details: Basement
  • Other Structures: Shed(s), Other
  • Patio And Porch Features: Deck
  • Roof: Age 0-9 yrs

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Amps (200)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: 780
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Zoning Description: R 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Vacation Rental

Tax Info

  • Tax Book Number: LR 2020 0002521
  • Tax Map Number: 20D 2 399-401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Pride Real Estate Group I Llc
Bought by
Dennis Stephen
Current Estimated Value
$275,911

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 10, 2023
Sold by
Pride Real Estate Group 1 Llc
Bought by
Dennis Stephen
Seller's Agent
Kelly Antonio & Alice Riviere
Bragg & Company
Buyer's Agent
Outside R.e. Agent last name
Other Real Estate Firms
List Price
$249,900
Sold Price
$231,000
Premium/Discount to List
-$18,900
-7.56%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Oct 26, 2020
Sold by
T & T Residential Development Llc
Bought by
Pride Real Estate Group 1 Llc

Purchase Details

Closed on
Apr 22, 2015
Sold by
Hagy Kimberly D
Bought by
T And T Residential Developmen

Purchase Details

Closed on
Oct 15, 2007
Sold by
Moore Walter F and Moore Mary D
Bought by
Hagy James F and Hagy Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.49%
Mortgage Type
New Conventional
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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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
Dennis Stephen -- Insight Title & Settlement
Dennis Stephen $231,000 Insight Title
Pride Real Estate Group 1 Llc $128,500 Lawyers Title Mid Peninsula
T And T Residential Developmen $16,000 --
Hagy James F $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hagy James F $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2023 06/04/23 Off Market $249,900 -- --
05/23/2023 05/23/23 Sold $231,000 -7.6% $165 / Sq Ft
04/13/2023 04/13/23 For Sale $249,900 +94.5% $179 / Sq Ft
08/24/2021 08/24/21 Sold $128,500 0.0% $92 / Sq Ft View Prior Sale
07/25/2021 07/25/21 Pending -- -- --
09/21/2020 09/21/20 For Sale $128,500 -- $92 / Sq Ft
Source: Northern Neck 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
2025 $1,384 $251,700 $4,500 $247,200
2024 $1,384 $251,700 $4,500 $247,200
2023 $935 $148,400 $4,000 $144,400
2022 $935 $148,400 $4,000 $144,400
2021 $935 $148,400 $4,000 $144,400
2020 $935 $148,400 $4,000 $144,400
2019 $935 $148,400 $4,000 $144,400
2018 $875 $148,300 $12,500 $135,800
2017 $875 $148,300 $12,500 $135,800
2016 -- $12,500 $12,500 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 113573

APN: 20D-2-399