$550,000
SOLD NOV 27, 2017

71 Laurel Ln Lancaster, VA 22503

3 Beds
3 Baths
2,649 Sq Ft
2.84 Acres

Recently Sold

$208 Per Sq Ft

8% Below List Price

27 Days on Market

Highlights

  • Docks
  • Boat Ramp
  • In Ground Pool
  • River Access
  • Boat Lift
  • Waterfront

About This Home

As of June 2023

In the tradition of the early homes of Virginia, this timeless Williamsburg design offers a private, picturesque setting. With a swimming pool overlooking the Corrotoman River, the coastal ambiance is readily apparent. The newly renovated dock with boat lift provides private water access. Enter this enchanting house through the hall that opens to a cozy den with fireplace and bookshelves, on one side, and the bright dining room, on the other. The waterside living room with exposed beams and brick fireplace is the ideal gathering place. The space is expanded by two glass patio entrances that lead to the riverside deck. The country kitchen with the bay window seat looks out to the river. The kitchen, equipped with wood cabinetry, granite counters and stainless-steel appliances complements the warmth and comfort of the décor. A gracious first-floor master suite features a handsome brick fireplace, riverside deck and luxury bath with granite counters, soaking tub and glass shower. The second floor includes two guest rooms, bath with double basins and an office. There is an additional room designed as a dormitory for children, which is a great bonus space.

Last Agent to Sell the Property

Emily Carter

Jim & Pat Carter Real Estate License #0225024367 Listed on: 09/30/2017

Last Buyer's Agent

Ann Meekins

Ann Meekins, Realtors License #0225129936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1979

Lot Details

  • 2.84 Acre Lot
  • Waterfront
  • Zoning described as R1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,649 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • 3 Fireplaces
  • Bay Window
  • French Doors
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Double Vanity
  • Garden Bath

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • River Access
  • Riparian rights to water flowing past the property
  • Boat Lift
  • Boat Ramp
  • Docks
  • Deck
  • Shed
  • Front Porch

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22A-1-35

Community Details

Overview

  • Laurel Point Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 1979

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Property Attached Yn: No
  • Lot Size Acres: 2.84
  • Water Body Name: Corrotoman Rive
  • Ownership: Individuals
  • Subdivision Name: Laurel Point
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, Bay Window, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, Garden Tub/Roman Tub, Bath in Primary Bedroom
  • Living Area: 2649.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: Gunite, In Ground, Pool
  • Waterfront Features: River Access, Riparian Rights, Boat Ramp/Lift Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Boat Lift, Deck, Dock, Storage, Shed
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage, Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Road Maintenance, Water Access

Schools

  • Middle Or Junior School: Lancaster

Lot Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3090.0

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $935,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Special Warranty Deed $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
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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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 1734790

Chesapeake Bay & Rivers Association of REALTORS®

APN: 22A-1-35