NOT LISTED FOR SALE

1037 Gap Run Rd Paris, VA 20130

Estimated Value: $883,000 - $1,050,353

6 Beds
6 Baths
-- Sq Ft
64 Acre Lot

Sale Details

Date Sold: December 15, 2020

Last sale price $756,000 $0 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,059 / mo

29 Days on Market

Highlights

  • Horses Allowed On Property
  • Waterfront
  • No HOA
  • Scenic Views
  • 64 Acre Lot
  • 50 Acres of Pasture

About This Home

As of December 2020

Auction! Nirvana in Paradise! RARE! Location! Water! Approximately 20,000 sq.ft.,4-story bank barn complex with silo, stalls, cottage, outbuildings, stocked pond, stream, 2 kitchens and 6 full baths, HVAC , wells. This majestic farm has been at the center of national attention for the last decade. Liberty Farm's 64 breathtaking acres is at the intersection of Route 17 and Route 50 and at the place where the Piedmont, the Blue Ridge and the Shenandoah meet. The farm’s astonishing viewshed of rolling hills, vibrant streams and long, peaceful horizon makes you feel that you are in another world yet it sits less than a half-hour from Dulles Airport and 50 minutes from DC . The barn complex has 6 full baths, an open kitchen, stunning exposed oak beams, and historical farm ambience, sits along a trail of wineries and would be perfect for your dream home, winery, a B&B, hunt club, art/antique store, homestead, event center, private club, agritourism. In fact, a law named for this lands farmer expanded Virginia's Right to Farm Act protecting agritourism as by-right. A separate cottage with loft also has a kitchen and full bath. The purchase includes farm domain and store where items are sold, events, agritourism and classes taught and a significant social media following. It is one of the most visible landscapes in Virginia. It sits in the charming village of Paris, named in honor of the Marquis de Lafayette for his service in the Revolutionary War and viewshed of Appalachian Trail. Auction to be held on site on October 31st at 12 noon. List price is suggested opening bid; actual price to be determined at AUCTION. For residential use, buyer is responsible for obtaining use permit. Note: The property is in perpetual open space easement affording it a low land use valuation for real estate tax purposes.

Last Agent to Sell the Property

Jeff Stein

(703) 539-8111 jstein@tranzon.com Tranzon Key Listed on: 10/02/2020

Last Buyer's Agent

Jeff Stein

(703) 539-8111 jstein@tranzon.com Tranzon Key Listed on: 10/02/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1850

Lot Details

  • 64 Acre Lot
  • Waterfront
  • Property is zoned RA/V, Agriculture (RA) District and Village (V) District

Property Views

  • Pond
  • Scenic Vista
  • Mountain

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Attached Carport Spaces

Outdoor Features

  • Water Access
  • Property is near a pond

Farming

  • Feed Barn
  • 50 Acres of Pasture
  • Silo
  • Hay
  • Farm
  • Farm Land Preservation

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Property has 4 Levels
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6034-98-2331

Property Details

Property Type

Other

Est. Annual Taxes

$3,705

Year Built

Built in 1850

Lot Details

64 Acres

Listing Details

  • Property Type: Farm
  • Habitable Residence: Yes
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Other

Interior Features

  • Levels Count: 4
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 6

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • View: Pond, Scenic Vista, Mountain
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 5
  • Garage: No
  • Attached Carport Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Feed Barn, Silo(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Hay
  • Improvement Assessed Value: 350700.00
  • Land Assessed Value: 22100.00
  • Lot Size Acres: 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2787975.00
  • Pasture Acres: 50.00
  • Zoning: RA/V
  • Zoning Description: Agriculture (RA) District and Village (V) District
  • Farmland Preservation: Yes
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21441800
  • Tax Annual Amount: 3705.00
  • Assessor Parcel Number: 6034-98-2331
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Bought by
Current Estimated Value
$867,812

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 11, 2020
Sold by
Bought by
Seller's Agent
Jeff Stein
Tranzon Key
Buyer's Agent
Jeff Stein
Tranzon Key
List Price
$1,000,000
Sold Price
$756,000
Premium/Discount to List
-$244,000
-24.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$605,000
Interest Rate
0.027%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$756,000 Worldwide Settlements Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $605,000
Closed $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $756,000 -24.4% --
10/31/2020 10/31/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,000,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,453 $497,500 $33,600 $463,900
2025 $4,731 $489,200 $25,300 $463,900
2024 $4,627 $489,200 $25,300 $463,900
2023 $4,431 $489,200 $25,300 $463,900
2022 $4,431 $489,200 $25,300 $463,900
2021 $3,719 $372,800 $22,100 $350,700
2020 $3,719 $372,800 $22,100 $350,700
2019 $3,719 $372,800 $22,100 $350,700
2018 $3,675 $372,800 $22,100 $350,700
2016 $3,865 $370,700 $20,000 $350,700
2015 -- $370,700 $20,000 $350,700
2014 -- $370,700 $20,000 $350,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFQ167566

Bright MLS

APN: 6034-98-2331

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