$57,000
SOLD JUL 15, 2021

105 Fairfax Ln Locust Grove, VA 22508

0.38 Acre
$150,000 Price per Acre
16,553 Sq Ft Lot

Recently Sold

27% Below List Price

54 Days on Market

Highlights

  • Boat Ramp
  • Golf Club
  • Bar or Lounge
  • Beach
  • Community Stables
  • Fitness Center

About This Lot

As of November 2022

Imagine your dream home here! Nicely wooded lot near the small marina, beaches and parks. Amenity rich Lake of the Woods offers so many choices: play golf, jump in the lake, swim at the pool, work out at the fitness center, or dine at the clubhouse overlooking the pristine lake, the choice is yours. A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteering your time and talents...Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from the high-$100,000s to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!

Last Agent to Sell the Property

Patricia Licata

EXP Realty, LLC License #0225197494 Listed on: 05/05/2021

EXP Realty, LLC

Last Buyer's Agent

Ioan Denes

CENTURY 21 New Millennium License #0225113695

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $144

Lot Details

  • 0.38 Acre Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $145 Monthly HOA Fees

Schools

  • Locust Grove Elementary And Middle School
  • Orange High School

Additional Features

  • Views of Woods
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 012A0000900150

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pier/dock maintenance, pool(s), road maintenance, reserve funds, security gate, snow removal
  • Lake Of The Woods Association, Phone Number (540) 972-2237
  • Lake Of The Woods Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Gift Shop
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Mooring Area
  • Beach
  • Golf Club
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Community Stables
  • Horse Trails
  • Jogging Path
  • Lake Privileges

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$144

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Imagine your dream home here! Nicely wooded lot near the small marina, beaches and parks. Amenity rich Lake of the Woods offers so many choices: play golf, jump in the lake, swim at the pool, work out at the fitness center, or dine at the clubhouse overlooking the pristine lake, the choice is yours. A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre "fishing lake"), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won't be disappointed! Perhaps you'd like a game of bridge or volunteering your time and talents...Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from the high-$100,000s to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don't take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 3.62
  • Street Number Modifier: 105

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 1739.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Bar/Lounge, Baseball Field, Basketball Courts, Beach, Boat Ramp, Club House, Community Center, Common Grounds, Gated Community, Gift Shop, Golf Club, Golf Course, Boat Dock/Slip, Fitness Center, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Meeting Room, Mooring Area, Party Room, Picnic Area, Pier/Dock, Pool - Outdoor, Putting Green, Recreational Center, Riding/Stables, Security, Soccer Field, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Reserve Funds, Security Gate, Snow Removal
  • HOA Name: LAKE OF THE WOODS ASSOCIATION
  • HOA Phone: 540-972-2237
  • HOA: Yes

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • Elementary School: LOCUST GROVE
  • Middle School: LOCUST GROVE
  • High School: ORANGE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052477
  • School District Source: Listing Agent
  • Elementary School: LOCUST GROVE
  • High School: ORANGE
  • Middle Or Junior School: LOCUST GROVE

Lot Info

  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16552.80
  • Year Assessed: 2021
  • Zoning: R3
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18821511
  • Tax Annual Amount: 144.00
  • Assessor Parcel Number: 012A0000900150
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/15/2021

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Nov 9, 2022
Sold by
Vtr Llc
Bought by
Paivi M Sharp Living Trust
Seller's Agent
Ioan Denes
CENTURY 21 New Millennium
Buyer's Agent
Jeff Christy
Cropper Home Sales, LLC
List Price
$539,000
Sold Price
$539,000
Current Estimated Value
$544,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,749
Avg. Annual Appreciation
0.67%
Original Mortgage
$319,000
Outstanding Balance
$310,641
Interest Rate
6.92%
Mortgage Type
Balloon
Estimated Equity
$238,712

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 14, 2021
Sold by
Earl Cruse
Bought by
Vtr Llc
Seller's Agent
Patricia Licata
EXP Realty, LLC
Buyer's Agent
Ioan Denes
CENTURY 21 New Millennium
List Price
$78,000
Sold Price
$57,000
Premium/Discount to List
-$21,000
-26.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
448.50%

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 15, 2017
Sold by
Chang Sona M and Chang Kil J
Bought by
Cruse Earl and Shnayer Linda L
Seller's Agent
Barbara Reilly
Realty One Group Key Properties
Buyer's Agent
Barbara Reilly
Realty One Group Key Properties
List Price
$13,000
Sold Price
$13,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.66%
Source: Public Records

Range of Values:

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Average Value
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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 $539,000 Solution Title
Deed $57,000 Fidelity National Title
Deed $13,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $539,000 0.0% $240 / Sq Ft
06/23/2022 06/23/22 For Sale $539,000 +845.6% $240 / Sq Ft
07/15/2021 07/15/21 Sold $57,000 -5.0% --
06/28/2021 06/28/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $60,000 -11.8% --
06/08/2021 06/08/21 Price Changed $68,000 -12.8% --
05/05/2021 05/05/21 For Sale $78,000 +500.0% --
06/16/2017 06/16/17 Sold $13,000 0.0% --
05/31/2017 05/31/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $13,000 -- --
Source: Bright MLS

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 $2,474 $326,900 $30,000 $296,900
2023 $2,474 $326,900 $30,000 $296,900
2022 $150 $20,000 $20,000 $0
2021 $144 $20,000 $20,000 $0
2020 $144 $20,000 $20,000 $0
2019 $161 $20,000 $20,000 $0
2018 $161 $20,000 $20,000 $0
2017 $161 $20,000 $20,000 $0
2016 $161 $20,000 $20,000 $0
2015 -- $20,000 $20,000 $0
2014 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAOR139232

Bright MLS

APN: 012-A0-00-09-0015-0