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506 Lancey Dr, Midlothian, VA, 23114

$549,950

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,140 SqFt
$175/SqFt
House

Location

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506 Lancey Dr, Midlothian$549,950

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Garage Faces Rear
Garage1 space
Year Built1986
HeatingForced Air, Heat Pump, Natural Gas
CoolingCentral Air, Electric
BasementYes
FireplaceWood Burning
MLS #2427884
Lot Size0.30 Acres
StatusActive

About 506 Lancey Dr

Welcome to 506 Lancey Drive, a charming colonial-style residence with walk out basement nestled in the desirable Walton Park subdivision of Midlothian. This spacious home boasts 3,140 square feet of thoughtfully designed living space, making it an ideal setting for both relaxation and entertainment. Upon entering, you'll be greeted by a welcoming foyer that flows seamlessly into a cozy living room and an elegant dining room, perfect for hosting all your gatherings. The heart of the home is the expansive kitchen, featuring granite countertops, ample cabinetry, and an eat-in area that overlooks the lush backyard. The adjoining family room, with its wood-burning fireplace, creates a warm and inviting atmosphere for cozy evenings. This home offers four generous bedrooms, including a primary suite with a walk-in closet and an en-suite bath, ensuring comfort and privacy. The additional bedrooms are well-proportioned and share access to a beautifully appointed bathroom. The finished walk out basement adds plenty of versatility and can easily serve as your private, guest suite. Featuring a spacious rec room, bedroom with full bathroom and an additional room for a home office (or 5th bedroom), there is no doubt that the basement level is dynamic. Outside, the landscaped yard provides a serene retreat, and the deck invites you to enjoy outdoor living in a peaceful setting. With a one-car garage and ample storage throughout, this home meets all your practical needs. Plus, it's just 1 block away from the community amenities which include a beautiful pool (perfect for summer fun and relaxation), tennis courts, playground and clubhouse. 506 Lancey Drive offers the perfect blend of suburban tranquility and modern amenities. Coming up in December, the highly anticipated Tacky Light Run!! This home is not just a place to live; it’s a lifestyle choice, combining comfort, style, and convenience in one of Virginia's most sought-after neighborhoods. Don’t miss the opportunity to make it your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Two Story
  • Year Built: 1986
  • Stories: 2
  • Living Area: 3,140 SqFt

Listing Office:

  • Office Name: NextHome Advantage
  • Office Phone: (804) 545-6400
  • Listing Agent: Adam Carpenter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Partially Carpeted, Wood
  • Interior: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, Bath in Primary Bedroom, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Porch, Storage, Shed

Parking Information:

  • Garage Space: 1 space
  • Parking: Off Street, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,950
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $3,053
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Midlothian, VA.

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Midlothian, VA

City

Med. Sold Price

$435.6K

Med. Price/SqFt

$208

Avg. Days On Market

22

# of Sold Homes

147

506 Lancey Dr vs Midlothian

15 DAYS ON ROCKET

-7 Days

$549,950

+$114.2K More

$175/SqFt

-$34 Less

KEY TAKEAWAY

This property is $114.2K more than the Median Sold Price and $34/SqFt less than other homes in Midlothian, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2427884

Listing Office:

  • Office Name: NextHome Advantage
  • Office Phone: (804) 545-6400
  • Listing Agent: Adam Carpenter

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 1999Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,053$323,700
2020$2,961$318,700
2019$2,930$311,700
2018$2,931$308,500
2017$2,924$299,400

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-268766
8
/10

  • J.B. Watkins Elementary School

  • 501 Coalfield Rd

  • 1.16 miles

  • Public District Grades PK-5

school-card-donut-268767
8
/10

  • W.W. Gordon Elementary School

  • 11701 Gordon School Rd

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-268768
3
/10

  • Evergreen Elementary School

  • 1701 E Evergreen Pkwy

  • 1.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,056. The majority of Midlothian, VA residents have income between $100k-200k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Midlothian, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Midlothian, VA.

Midlothian's housing market showcases a diverse array of options, with single-family homes being particularly prevalent. These homes exhibit a range of architectural styles, from colonial to contemporary, reflecting the area's rich historical roots and modern growth. The market is also home to a selection of apartments and townhouses, offering alternatives for those seeking different living arrangements. The majority of the residential structures were built during a development boom in the late 20th century, with many neighborhoods featuring amenities like community pools and parks.

What is it like to live in Midlothian, VA?

Midlothian is celebrated for its blend of suburban charm and historical significance, with a community that prides itself on a strong sense of local identity. The area is known for its well-preserved historical sites and annual cultural events that bring residents together, fostering a family-friendly atmosphere. Green spaces and recreational facilities are abundant, providing residents with ample opportunities for outdoor activities and community engagement.

Is it easy to get around Midlothian, VA without a car?

The community benefits from a robust educational system, with a number of public and private schools serving the area, including specialized institutions that cater to a variety of learning needs and preferences. Healthcare services are comprehensive, with several clinics and a hospital that provide a range of medical services. Midlothian also offers a variety of shopping and dining options, with local businesses and restaurants reflecting the unique character of the region. The public library system is well-developed, supporting the community's educational and informational needs.

Transportation in Midlothian, VA.

Midlothian features a network of roads and highways that connect residents to the greater Chesterfield County area and beyond, facilitating easy travel and commuting. Public transportation options are available, with bus services providing connections to key locations throughout the community. The area is also accommodating to cyclists and pedestrians in certain neighborhoods, with ongoing initiatives to improve walkability and bikeability. While ride-sharing services are operational in the area, specific schedules and availability may vary.

Frequently Asked Questions About 506 Lancey Dr

What is the listing price of this property?

The listing price of 506 Lancey Dr property is $549,950.

What type of property is this?

The property 506 Lancey Dr is a house located in Midlothian, Virginia, 23114.

Is this property for sale now?

Active Listing: 506 Lancey Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,053 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 1, 1999 for $185,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Lancey Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Lancey Dr is 3,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Lancey Dr is 1986.

Rocket Homes›Virginia›Chesterfield County›Midlothian›23114›506 Lancey Dr

This home is located at 506 Lancey Dr in Midlothian, VA and zip code 23114. This 3,140 square foot home, which was built in 1986, sits on a 0.30 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $549,950.

Midlothian, VA housing market in October 2024 saw over 57 listings sold above listed price, more than 44 sold at listed price and over 45 sold below. In October 2024 in Midlothian, VA there were 7.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $435,656, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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