NOT LISTED FOR SALE

1043 Gravels Rd Rockingham, VA 22802

Estimated Value: $440,000 - $1,043,013

190.61 Acres
$3,936 Price per Acre
8,302,972 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $1,150,000 $453 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $4,297/month

161 Days on Market

Highlights

  • Panoramic View
  • Wood Burning Stove
  • Pond
  • 190.61 Acre Lot
  • Farm
  • Multiple Fireplaces

About This Lot

As of November 2019

3 bed, 2 bath Brick Ranch home with Panoramic views of Massanutten Mountian and beyond. Lairds knob, and Massanutten Peak are in full view. Approximately 60-70 acres of good crop ground with the remainder in well fenced pastures. Supporting buildings include: Wood Working shop, Machine Shop, open front equipment shed, two barns for hay storage and working cattle, and a second residence (1045 Gravels Road) that offers 3 bedrooms and 1 bath, kitchen and living room. Upstairs 2 bedrooms are not heated and currently used for storage. Property is located just North of Harrisonburg and only minutes from downtown. Excellent crop and pasture farm with enough wooded acreage to provide great privacy.

Last Agent to Sell the Property

John Bowman

Old Dominion Realty Inc License #0225085237 Listed on: 06/14/2019

Co-Listed By

Durwood Michael

Old Dominion Realty Inc License #0225150119

Last Buyer's Agent

John Bowman

Old Dominion Realty Inc License #0225085237 Listed on: 06/14/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,592

Year Built

  • 1970

Lot Details

  • 190.61 Acre Lot
  • Partially Fenced Property
  • Wire Fence
  • Fence is in good condition
  • Mature Landscaping
  • Gentle Sloping Lot
  • Property is zoned A-2 Agricultural General

Property Views

  • Panoramic
  • Ridge
  • Mountain

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Multiple Fireplaces
  • Wood Burning Stove
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Pond

Farming

  • Equipment Barn
  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$3,592

Year Built

1970

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 1766
  • Animal: Domestic Pets, General Livestock
  • Below Grade Total Sq Ft: 1766
  • Dependencies: Manager's Residence, Workshop
  • Design: Ranch
  • Electricity: Elec Above Ground
  • L V T Date: 06/14/2019
  • Pasture Acreage: 20
  • Price Per Sq Ft: 452.58
  • Total Sq Ft: 3932
  • Total Unfinished Sq Ft: 1391
  • Type of Construction: On Site Built
  • Wooded Acres: 10
  • Zoning: A-2 Agricultural General
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Unfinished Below Grade Sq Ft: 991
  • Fireplace: One, Wood Stove
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Full, Outside Entrance, Partly Finished, Walk Out
  • Total Finished Sq Ft: 2541
  • Above Grade Finished Sq Ft: 1766
  • Basement: Yes
  • Below Grade Finished Sq Ft: 775
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Wood Cabinets
  • Land Description: Farm, Gently Rolling
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 3
  • Full Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Condition Good, Woven Wire, Partially Fenced
  • Exterior: Brick
  • Farm Features: Barn(s), Equipment Bldg, Hay Storage, Stock Barn
  • Number Of Acres: 190.61
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Patio, Porch - Front
  • Structure Features: Central Vacuum
  • Structure Floors: Carpet, Carpet Over Wood, Hardwood, Vinyl
  • Structure Window Ceiling: 8' Ceilings
  • View: Blue Ridge View, Mountain View, Pastoral View, Panoramic View
  • Water Property: Pond / Lake
  • Yard: Mature, Wooded

Garage/Parking

  • Garage: Yes
  • Driveway: Asphalt
  • Unfinished Above Grade Garage: 400
  • Garage Features: Attached
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 400

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Forced Air, Oil
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Linville-Edom
  • Middle School: J. Frank Hillyard
  • High School: Broadway

Lot Info

  • Crop Acreage: 60
  • Lot Features: Barn, Corral, Fenced Part

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 25, 2019
Sold by
Armentrout Russell W and Armentrout Timothy R
Bought by
Jebs Estates Llc
Seller's Agent
John Bowman
Old Dominion Realty Inc
Buyer's Agent
John Bowman
Old Dominion Realty Inc
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%
Current Estimated Value
$750,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$399,747
Avg. Annual Appreciation
-9.76%
Source: Public Records

Range of Values:

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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
Jebs Estates Llc $1,150,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $1,150,000 -17.6% $453 / Sq Ft
06/14/2019 06/14/19 For Sale $1,395,000 -- $549 / Sq Ft
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 $3,592 $824,700 $422,900 $401,800
2024 $3,592 $528,250 $126,450 $401,800
2023 $3,592 $824,700 $422,900 $401,800
2022 $3,592 $824,700 $422,900 $401,800
2021 $3,001 $702,000 $422,900 $279,100
2020 $3,001 $702,000 $422,900 $279,100
2019 $3,001 $702,000 $422,900 $279,100
2018 $3,001 $702,000 $422,900 $279,100
2017 $2,959 $696,300 $422,900 $273,400
2016 $2,799 $696,300 $422,900 $273,400
2015 $2,679 $696,300 $422,900 $273,400
2014 $2,559 $696,300 $422,900 $273,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 591935

Harrisonburg-Rockingham Association of REALTORS®

APN: 95-A-L7