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3042 Lara Road, Lancaster, VA 22503

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For Sale

$54,900

2 beds • 1 baths • 600 sqft

Estimated Payment

$ 302 /mo. †

6.65% APR for 30 yrs.
$246 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $91.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This property features a level lot with 2 bed 1 bath home with an open carport and an enclosed carport. Home is not available for interior access due to major structural concerns. See attached structural report and WDI.
MLS# 2506610

Courtesy Of Hometown Realty Services

(804) 730-7195

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Ranch
  • Cooling System
    None
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.94 Acres
  • Roof Type
    Metal
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 3042 Lara Road, Lancaster, VA 22503

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $282
  • Property Taxes
    $20
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $302

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Lancaster Primary School

Grades PK-3 Public School

Lancaster, VA 22503 5.8 miles
36 primary school cir

299 total students
12:1 Student teacher ratio

School Rating: D

School Details

Lancaster Middle School

Grades 4-8 Public School

Kilmarnock, VA 22482 8.8 miles
191 school st

372 total students
15:1 Student teacher ratio

School Rating: D

School Details

Lancaster High School

Grades 9-12 Public School

Lancaster, VA 22503 3.3 miles
8815 mary ball rd

343 total students
14:1 Student teacher ratio

School Rating: B

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lancaster, VA 22503

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Lancaster, VA 22503

This community’s employment is highest in the transportation and administrative support industries. The area’s overall household expenses are above the national average.

88° July
Hottest Average Month
28° January
Coldest Average Month
1,881 Total Households in Area
-1.2% Increase in population since the year 2010
15.8%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lancaster, VA 22503

Lancaster, VA 22503 has a population of 4,096 people in 1,881 households with a median age of 54.6 years old.

-1.2%
Decrease in population
since the year 2010
Population is Trending down
1,913
Total households as of 2010
-0.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 54.6 years old. The smallest percentage group is 65-74 years and the largest percentage is the 18-24 years age range.

Community Population By Ethnicity

White 61%
Black 35%
Hispanic 1%
Other <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 61%, followed by Black at 35%, Hispanic at 1%, and Other at <1%.

Economics
for Lancaster, VA 22503

35 /sq mi
Population Density
$64,378 /yr
Median Household Income
$375,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.8% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 6%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 1,625 59%
Vacant 855 31%
Rented 256 9%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Family & Education Facts
for Lancaster, VA 22503

54.6 Median Age

Average Household Size

2.2
persons per
household

45.6%

Married Households

Community Population By Education

High School Graduate 35%
Some College 15%
Bachelors Degree 14%
Some High School 14%
Graduate Degree 12%
Associates Degree 9%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.32% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
15.8% of households have children

Weather
for Lancaster, VA 22503

The weather for this area ranges from a high of 88° F in July to a low of 28° F in January

88° July
Hottest Average Month
28° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
28°
47°
Feb
29°
49°
Mar
36°
57°
Apr
45°
68°
May
54°
77°
Jun
63°
84°
Jul
68°
88°
Aug
66°
86°
Sep
60°
80°
Oct
49°
70°
Nov
39°
60°
Dec
31°
50°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Lancaster, VA 22503!
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Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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