NOT LISTED FOR SALE

71 Laurel Ln Lancaster, VA 22503

Estimated Value: $991,788 - $1,207,000

3 Beds
3.5 Baths
2,649 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $935,000 $353 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,335/month

2 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • River Front
  • Boat Ramp
  • Gunite Pool
  • RV or Boat Parking

About This Home

As of June 2023

In the tradition of Williamsburg designed homes, this home offers a private, picturesque setting surrounded by natures best possible landscape. The 2,640-sf home overlooks the deck, swimming pool and the eastern branch of the Corrotoman River. Enter the home in a foyer leading to a family room and office study leading into a newly renovated great room with a fireplace, dining area, kitchen and a coffee bar with a refrigerator below the counter. The great room opens in multiple locations to a screened porch and entire back deck. First floor master bedroom and bath. Laundry room, wine cellar, half bath and a large pantry. The second floor has two new bathrooms, three bedrooms and an office. Lots of storage. The Laurel Point community provides water access with a boat launch and Boat and trailer/boat storage. Trash pickup and community water system are a part of the HOA. Minutes from shopping in Kilmarnock, White Stone and Irvington.

Last Listed By

Ann Meekins

Ann Meekins, Realtors License #0225129936 Listed on: 04/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1979

Lot Details

  • 2.84 Acre Lot
  • River Front
  • Sprinkler System
  • Zoning described as R1

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • RV or Boat Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,649 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area
  • Screened Porch
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Gunite Pool
  • River Access
  • Walking Distance to Water
  • Boat Lift
  • Boat Ramp
  • Docks
  • Deck
  • Shed

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Shared Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22A-1-35

Community Details

Overview

  • Laurel Point Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,571

Year Built

Built in 1979

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Property Attached Yn: Yes
  • Lot Size Acres: 2.84
  • Water Body Name: Corrotoman Rvr
  • Ownership: Individuals
  • Subdivision Name: Laurel Point
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Green Power: Solar
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Dining Area, Fireplace, Kitchen Island, Main Level Primary, Pantry, Recessed Lighting
  • Living Area: 2649.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: Gunite, Pool
  • Waterfront Features: River Front, River Access, Walk to Water, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Boat Lift, Deck, Dock, Sprinkler/Irrigation, Storage, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Screened, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Boat, RV Access/Parking

Utilities

  • Heating: Heat Pump, Propane, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Dock, Storage Facilities
  • Association Fee: 570.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Water

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 22A-1-35
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3571.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 26, 2023
Sold by
Samuel Koo And Myungwha C Koo Joint Trus and Koo Samuel
Bought by
Disalvo Eugene T and Disalvo Ann K
Seller's Agent
Ann Meekins
Ann Meekins, Realtors
Buyer's Agent
Ann Meekins
Ann Meekins, Realtors
List Price
$935,000
Sold Price
$935,000
Total Days on Market
2
Views
7
Current Estimated Value
$1,065,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,947
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
May 7, 2020
Sold by
Koo Samuel and Koo Myung-Wha C
Bought by
Koo Samuel and Koo Myungwha C

Purchase Details

Closed on
Oct 22, 2019
Sold by
Koo Myung Wha C and Koo Samuel
Bought by
Koo Leslie

Purchase Details

Listed on
Sep 30, 2017
Closed on
Nov 13, 2017
Sold by
Mccarty Berit H and The Mccarty Trust U/A Dtd Apri
Bought by
Koo Samuel and Koo Myung-Wha C
Seller's Agent
Emily Carter
Jim & Pat Carter Real Estate
Buyer's Agent
Ann Meekins
Ann Meekins, Realtors
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

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
Disalvo Eugene T $935,000 Fidelity National Title
Koo Samuel -- None Available
Koo Leslie -- None Available
Koo Samuel $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarty William H $100,000
Previous Owner Mccarty William H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $935,000 0.0% $353 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $935,000 +70.0% $353 / Sq Ft
11/27/2017 11/27/17 Sold $550,000 -8.2% $208 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $599,000 -- $226 / 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 $4,524 $822,800 $233,400 $589,400
2023 $1,820 $566,900 $218,400 $348,500
2022 $3,571 $566,900 $218,400 $348,500
2021 $3,571 $566,900 $218,400 $348,500
2020 $3,571 $566,900 $218,400 $348,500
2019 $3,571 $566,900 $218,400 $348,500
2018 $3,376 $572,200 $320,400 $251,800
2017 $3,376 $572,200 $320,400 $251,800
2016 -- $572,200 $320,400 $251,800
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2308778

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22A-1-35