NOT LISTED FOR SALE

00 Russell Rd Berryville, VA 22611

Estimated Value: $1,063,435

165.74 Acres
$6,416 Price per Acre
7,219,634 Sq Ft Lot

Last Sold December 06, 2022

Last sale price $900,000

Est. 18% increase in value since last sale

Current estimated payment $6,041/month

475 Days on Market

Highlights

  • Water Views
  • Partially Wooded Lot
  • Partially Fenced Property
  • 165.74 Acre Lot
  • Agricultural
  • Gentle Sloping Lot

About This Lot

As of December 2022

Tucked in the heart of Virginia Horse Country, surrounded by beautiful views, and just a short drive from DC, this property is the perfect place to build your dream home or just escape from the hustle and bustle of the city. The possibilities are endless with approximately 165 acres of prime land with 104 planted in new pines and 61 acres that are excellently laid out for horses. It includes a MASSIVE AND NEWLY COVERED 100' x 260' indoor riding arena with electricity and water, 48' x 96' barn with electricity and water 32' x 96' machine shed, 32' x 36' workshop. Flex fencing around paddocks, automatic waterers, 2 DURs, spring-fed pond, mature trees, conservation easements with Virginia Land Trust.

Last Agent to Sell the Property

Gordon Weirich

Funkhouser: East Rockingham License #0225242341 Listed on: 07/09/2021

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,590

Lot Details

  • 165.74 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Partially Wooded Lot
  • Property is zoned AOC Agricultural/Open Space/Conservation

Parking

  • Driveway

Property Views

  • Water
  • Mountain

Schools

  • Berryville Elementary School
  • Johnson-Williams Middle School
  • Clarke High School

Additional Features

  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number 6 A 54B

Property Details

Property Type

Land

Est. Annual Taxes

$1,590

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Agricultural
  • L V T Date: 07/09/2021
  • Parcel Number: 6 A 54B
  • Price Per Sq Ft: 5430.19
  • Zoning: AOC Agricultural/Open Space/Conservation
  • Best Use: Farming, Residential, Timber
  • Current Use: Farm, Horses, Industrial
  • Farm Improvements: Equipment Bldg, Hay Storage, Indoor Riding Arena, Paddock, Riding Trails, Stable, Tack Rm
  • In Land Use: Yes
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Gently Rolling, Partly Wooded

Exterior Features

  • Fence: Fenced Partially
  • Number Of Acres: 165.74
  • View: Mountain View, Pastoral View, Water View, Wooded View
  • Water Property: Pond-Lake
  • Fenced: Yes

Garage/Parking

  • Driveway: Yes

Utilities

  • Water: Individual Well

Tax Info

  • Year: 2021
  • Taxes: 1590

MLS Schools

  • HighSchool: Clarke
  • Middle School: Johnson-Williams
  • Elementary School: Berryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Nov 30, 2022
Sold by
Nerd Farms Llc
Bought by
Russel Road Llc
Seller's Agent
Gordon Weirich
Funkhouser: East Rockingham
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$13,000,000
Sold Price
$900,000
Premium/Discount to List
-$12,100,000
-93.08%
Views
22
Current Estimated Value
$1,063,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,435
Avg. Annual Appreciation
5.74%
Original Mortgage
$720,000
Outstanding Balance
$698,395
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$365,040

Purchase Details

Closed on
Mar 26, 2019
Sold by
Lloyd Mark D
Bought by
Nerd Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2017
Sold by
Hedgeland Lc
Bought by
Lloyd Mark D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Russel Road Llc $900,000 Old Republic National Title
Nerd Farms Llc $1,090,500 None Available
Lloyd Mark D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russel Road Llc $720,000
Previous Owner Nerd Farms Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $900,000 -18.2% --
10/27/2022 10/27/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $1,100,000 -4.3% --
02/25/2022 02/25/22 Price Changed $1,150,000 -4.2% --
07/27/2021 07/27/21 Price Changed $1,200,000 -7.7% --
07/09/2021 07/09/21 Price Changed $1,300,000 -90.0% --
07/09/2021 07/09/21 For Sale $13,000,000 -- --
Source: Harrisonburg-Rockingham 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
2025 $5,305 $1,176,300 $145,000 $1,031,300
2024 $1,565 $260,800 $74,000 $186,800
2023 $1,565 $260,800 $74,000 $186,800
2022 $1,591 $260,800 $74,000 $186,800
2021 $1,591 $260,800 $74,000 $186,800
2020 $1,857 $260,800 $74,000 $186,800
2019 $1,857 $1,140,000 $953,200 $186,800
2018 $1,857 $1,144,600 $957,800 $186,800
2017 $8,127 $1,144,600 $957,800 $186,800
2016 -- $1,144,600 $957,800 $186,800
2015 -- $1,235,900 $1,037,300 $198,600
2014 -- $1,235,900 $1,037,300 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 619772

Harrisonburg-Rockingham Association of REALTORS®

APN: 6-A-54B