NOT LISTED FOR SALE

61 Elm Dr Lancaster, VA 22503

Estimated Value: $326,000 - $373,606

3 Beds
2 Baths
1,903 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $170,000 $89 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,064/month

210 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Clubhouse
  • Beach
  • Outdoor Pool
  • Deck

About This Home

As of August 2016

Lots of room in this 3-bedroom home with 2 bonus rooms for guests or hobbies.One-level living in Heritage Point,a Corrotoman River access community w/boat ramp,marina,clubhouse,pool,sand beach & more.Beautiful 2.5+ acre lot with an acre cleared area around the home for gardens or relaxing.Large back deck with trellis & connected propane grill.Great room with wood-burning fireplace.Two sheds for tools and toys or workshop.Pull through circle drive.Priced below tax assessment,this is a great value

Last Agent to Sell the Property

Andrea Holt

IsaBell K. Horsley Real Estate License #0225210003 Listed on: 10/31/2014

Last Buyer's Agent

Amy Southard

IsaBell K. Horsley Real Estate License #0225071867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 2002

Lot Details

  • Zoning described as R1

HOA Fees

  • $22 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,903 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • Circular Driveway
  • Unpaved Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Property is near a marina
  • Deck
  • Shed
  • Rear Porch
  • Stoop

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 20E 1 50

Community Details

Overview

  • Heritage Point Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Beach
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Year Built

Built in 2002

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Property Attached Yn: No
  • Lot Size: 2.6
  • Water Body Name: CORROTOMAN RIVE
  • Ownership: Individuals
  • Subdivision Name: HERITAGE POINT
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Range Hood, Stove
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Laminate Counters, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 1903.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None, Outdoor Pool, Community
  • Waterfront Features: Water Access
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Rear Porch, Stoop, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Marina, Playground, Park, Pool
  • Association Fee: 260.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 20E 1 50
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 994.68

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jul 25, 2016
Sold by
Copperthite Robert D and Copperthite Rebecca Lee
Bought by
Gbolokai Jacqueline
Seller's Agent
Andrea Holt
IsaBell K. Horsley Real Estate
Buyer's Agent
Amy Southard
IsaBell K. Horsley Real Estate
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$348,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,402
Avg. Annual Appreciation
8.94%
Original Mortgage
$153,000
Outstanding Balance
$123,946
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$244,422
Source: Public Records

Range of Values:

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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
Gbolokai Jacqueline $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gbolokai Jacqueline $153,000
Previous Owner Copperthite Robert D $170,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $170,000 0.0% $89 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $170,000 -- $89 / 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 $1,613 $293,200 $19,000 $274,200
2023 $1,114 $176,900 $19,000 $157,900
2022 $1,114 $176,900 $19,000 $157,900
2021 $1,114 $176,900 $19,000 $157,900
2020 $1,114 $176,900 $19,000 $157,900
2019 $1,114 $176,900 $19,000 $157,900
2018 $1,087 $184,200 $35,900 $148,300
2017 $1,087 $184,200 $35,900 $148,300
2016 -- $184,200 $35,900 $148,300
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: 116672

Chesapeake Bay & Rivers Association of REALTORS®

APN: 20E-1-50