NOT LISTED FOR SALE

71 Laurel Ln Lancaster, VA 22503

Estimated Value: $858,000 - $1,129,000

3 Beds
3.5 Baths
2,649 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 30, 2023

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

Est. 6% increase in value since last sale

Current estimated payment $5,913/month

2 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • RV or Boat Parking
  • Boat Ramp
  • River Front
  • Solar Power System

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 Agent to Sell the Property

Ann Meekins

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

Last Buyer's Agent

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
Views
7
Current Estimated Value
$993,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,623
Avg. Annual Appreciation
4.59%

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
8.50%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2308778

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22A-1-35