See Home Value
Suffolk 23434
116 Lancelot Drive
$360,145*
House - Off Market

116 Lancelot Drive

Suffolk, VA 23434
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1800 Sqft
$288,000 - $352,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 01, 2021
$320,000
$327,360 by Movement Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Dec 15, 2010
$214,500
Buyer
Seller
$219,111 by Monarch Bank
Mortgage

About This Property

NEW PHOTOS and Virtual Tour added! Enjoy the peace and tranquility of this updated 4-bedroom 2.5 bath LAKE FRONT home! Backyard is a spacious oasis providing plenty of entertaining space with the large deck and firepit area, raised garden beds, and access to the lake for kayak/canoe excursions or fishing. Home was recently remodeled including all new quartz counter tops (minus the bar which is a solid piece of live edge Black Walnut) cabinets, flooring throughout, bathroom vanities, and fresh paint. Laminate flooring throughout first floor is water and pet resistant providing the aesthetic look of wood floors with added durability and ease of maintenance! the live edge bar top is one solid piece of Black Walnut!

The manager has listed the unit size as 1800 square feet.
Unit Size
1,800Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$208
HOA Dues
$20
Year Built
1998

Price History

Date / Event Date Event Price
Oct 8, 2021 No longer available -
No longer available
Oct 1, 2021 Sold to Abbiegail Jones, Robert Edw... $320,000
Sold to Abbiegail Jones, Robert Edw...
Aug 18, 2021 Listed $320,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,665
  • Building Area: 1,665
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,665
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKSHIRE MEADOWS SD
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L.243,BERKSHIRE MEADOWS, SEC.5B

Ownership

  • Current Owner : EDWARDS ROBERT
  • Current Owner 2: JONES ABBIEGAIL
  • Previous Owner : MCCARTY KYLE R
  • Owner Before Previous Owner: STONE SCOTT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075406

Zoning

  • Zoning: PLANNED DE

Geography

  • Account Number: 253327300
  • District: CH
  • Section: 5B
  • Parcel: 25G*5B*243
  • Municipality: CHUCKATUCK BOROUGH
  • Latitude: 36.7744
  • Longitude: -76.5913

    Address

  • Full Address: 116 Lancelot Dr
  • Address - House Number: 116
  • Address - Street Name: Lancelot
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Suffolk
  • Carrier Code: R062
  • 4-Digit Zip Code: 9141
  • Zip Code: 23434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,464
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 357,807
  • High Value: 414,120
  • Low Value: 301,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,360
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $327,360
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $317,800
  • Market Land Value: $80,000
  • Market Improvement Value: $237,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,800
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11859476800
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210017986
  • Previous Sale Recording Date: Dec 15, 2010
  • Previous Sale Amount: $214,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $327,360
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Dec 15, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $219,111
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
-
$270,000 Aug 22, 1996
$270,000 Oct 7, 1996
$208/mo
House
3 Beds
2 Baths
1,704 ft²
$217/ft²
$369,000 Jan 17, 2023
-
$362/mo

About Suffolk


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Frequently Asked Questions

When was property at 116 Lancelot Drive built and last sold?
The property at 116 Lancelot Drive was built in 1998 and last sold on Sep 30, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 116 Lancelot Drive is $325,665.
What are some comparable homes to 116 Lancelot Drive?
There are currently no comparable homes to 116 Lancelot Drive.

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