$289,000
SOLD MAY 30, 2014

1040 Adair Hill Dr Rockbridge Baths, VA 24473

3 Beds
2 Baths
1,310 Sq Ft
19.57 Acres

Recently Sold

$221 Per Sq Ft

12% Below List Price

380 Days on Market

About This Home

As of May 2014

Surrounded by mountain views that literally take in the East and West boundaries in Rockbridge County this 19+/- ac property is private and convenient to historic Lexington. The house has 3 bedrooms, 2 baths hardwood floors, and a full kitchen/great-room encircled by windows. 2 porches, multi level decks, outdoor fire ring, spring and creek complete this unique property.Additional land available.

Last Agent to Sell the Property

James Brown

J.F. Brown Real Estate Services Listed on: 05/08/2013

Co-Listed By

Rodger Rinehart

J.F. Brown Real Estate Services

Last Buyer's Agent

Joseph Vita

Vita & Associates

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,792

Year Built

2007

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 60 W to R on Big Spring Dr., L on Bethany Rd., L on Adair Hill Dr. to property on right..
  • HistoricProperty: No
  • Listing Member Name: James F Brown
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: vitaj
  • Selling Office Short Id: 81
  • Subdivision Yn: No
  • TotalFinSFApx: 1310.00
  • Year Built: 2007
  • Taxes Dollars: 2131.00
  • TotalAcresApx: 19.57
  • 1StFloorMstrBdrm: No
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPatio: Front
  • PorchDeckPatioPorch: Front
  • Type of Construction: Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Updated Floor: Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Oven, Refrigerator, Washer
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Gas
  • Fireplace Location: Great Room
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Exterior: Wood
  • Exterior Features: Ceiling Fan(s), Deck-Side, Fireplace, Horses Permitted, View - Mountains
  • Flood Zone: Minimal
  • Road Frontage: Gravel Road
  • Roof: Shingle
  • Street: Adair Hill
  • Surface Water: Creek/Stream, Spring
  • Tax Rate: .64/100
  • Flood Zone: NW
  • Fencing: Partial, Perimeter
  • Topography: Mixed, Rolling, Views

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Forced Air, Heat Pump(s), Zoned Heat
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Central
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Central
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Zoning: Agricultural
  • Best Use: Agricultural, Investment, Residential, Vacation Rental
  • Current Use: Residential, Vacation Rental

Tax Info

  • Tax Map Number: 48 A 2F
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2015
Sold by
Rakes Edward Lee and Croft Kathryn E
Bought by
Green Kevin M and Green Amanda H
Current Estimated Value
$462,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,350
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2013
Closed on
May 9, 2014
Sold by
Johnston David A and Johnston Audrey A
Bought by
Rakes Edward Lee and Croft Kathryn E
Seller's Agent
James Brown
J.F. Brown Real Estate Services
Buyer's Agent
Joseph Vita
Vita & Associates
List Price
$326,850
Sold Price
$289,000
Premium/Discount to List
-$37,850
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$274,550
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2012
Closed on
Aug 6, 2012
Sold by
Dlj Mortgage Capital Inc
Bought by
Johnston David A and Johnston Audrey A
Seller's Agent
Laura Ruff
Valley Real Estate Brokers LLC
Buyer's Agent
Natalie Shulkin
Lexington Real Estate Connection
List Price
$264,900
Sold Price
$230,300
Premium/Discount to List
-$34,600
-13.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Burrus Jack R
Bought by
Dlj Mortgage Capital Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $293,000 Stewart Title Guaranty Co
Deed $289,000 None Available
Special Warranty Deed $230,300 None Available
Trustee Deed $212,465 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,500 New Conventional
Closed $260,000 New Conventional
Closed $278,350 New Conventional
Previous Owner $274,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $289,000 -11.6% $221 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
05/08/2013 05/08/13 For Sale $326,850 +41.9% $250 / Sq Ft
08/22/2012 08/22/12 Sold $230,300 -13.1% $184 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $264,900 -- $211 / Sq Ft
Source: Rockbridge Highlands 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
2024 $1,792 $420,700 $203,300 $217,400
2023 $1,792 $420,700 $203,300 $217,400
2022 $2,594 $350,600 $193,300 $157,300
2021 $2,594 $350,600 $193,300 $157,300
2020 $2,594 $350,600 $193,300 $157,300
2019 $2,559 $350,600 $193,300 $157,300
2018 $1,590 $350,600 $193,300 $157,300
2017 $2,454 $350,600 $193,300 $157,300
2016 $1,563 $333,000 $183,300 $149,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 127243

APN: 48-A-2F