NOT LISTED FOR SALE

11 Old Farm Rd Charlottesville, VA 22903

Estimated Value: $1,501,000 - $2,439,000

1.6 Acres
$1,259,590 Price per Acre
69,696 Sq Ft Lot

Last Sold May 05, 2020

Last sale price $360,000 $152 Per Sq Ft

Est. 460% increase in value since last sale

Current estimated payment $11,966/month

160 Days on Market

About This Lot

As of May 2020

RARE OPPORTUNITY! A gently-sloping undeveloped lot in the bucolic neighborhood of Bellair. Build your dream home on 1.6 acres in one of Charlottesville's most desirable neighborhoods. Enjoy pleasant walks through Bellair and the adjoining trails through Foxhaven Farm and the Ragged Mountain Nature Area. Within the much sought after Western Albemarle school district. Centrally located with quick access to UVA, Farmington Country Club, Boar's Head, St. Anne's-Belfield School, downtown Charlottesville and so much more

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE GROUP INC License #0225213393 Listed on: 09/13/2019

Last Buyer's Agent

REIDAR STIERNSTRAND

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225225051

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,066

Lot Details

  • 1.6 Acre Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Bellair Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$15,066

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Land
  • Property Type: Built To Suit Residential
  • L V T Date: 09/13/2019
  • Price Per Sq Ft: 225000
  • Zoning: R-1 Residential
  • Additional Assessor Parcel Numbers: 076C0-00-0D-00300
  • Best Use: Residential
  • Current Use: Vacant
  • Road Street: Public Rd
  • Subdivision: Bellair (ALBEMARLE)
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Nearly Level

Exterior Features

  • Number Of Acres: 1.6
  • View: Residential View

Utilities

  • Cable Available: Cable, Dsl
  • Gas: Natural Gas Available
  • Sewer/Septic System: Public Sewer
  • Water: Public Water
  • Electric: Routed To Property

Condo/Co-op/Association

  • Association Frequency: Annual
  • Association Fee: 300
  • HOA: Yes
  • H O A Includes: Road Maint

Schools

  • Elementary School: Murray
  • Middle School: Henley
  • High School: Western Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Jun 2, 2020
Sold by
Kimbrough Orman L and Kimbrough Mcconnell
Bought by
Stewart Cooper Winston
Seller's Agent
Derek Eisenberg
CONTINENTAL REAL ESTATE GROUP INC
Buyer's Agent
REIDAR STIERNSTRAND
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Current Estimated Value
$2,015,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,655,344
Avg. Annual Appreciation
37.41%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Adkins Mars M and Adkins Kim T
Bought by
Kimbrough V Orman L and Kimbrough Abigail Mcconnell
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 Buyer Sale Price Title Company
Stewart Cooper Winston $360,000 None Available
Kimbrough V Orman L $209,800 Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $360,000 -20.0% $152 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
09/13/2019 09/13/19 For Sale $450,000 -- $190 / Sq Ft
Source: Charlottesville Area 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 $15,066 $1,685,200 $364,500 $1,320,700
2024 -- $1,593,900 $364,500 $1,229,400
2023 $8,110 $949,700 $364,500 $585,200
2022 $3,113 $364,500 $364,500 $0
2021 $3,001 $305,500 $305,500 $0
2020 $2,345 $274,600 $274,600 $0
2019 $2,345 $274,600 $274,600 $0
2018 $1,947 $232,100 $232,100 $0
2017 $1,947 $232,100 $232,100 $0
2016 $2,023 $241,100 $231,000 $10,100
2015 $2,775 $209,800 $206,000 $3,800
2014 -- $420,400 $204,100 $216,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Derek Eisenberg

    CONTINENTAL REAL ESTATE GROUP INC

    (877) 996-5728

    3,144 Total Sales

    Derek Eisenberg
    Section Image
  • REIDAR STIERNSTRAND

    Buyer's Agent in 2020

    REIDAR STIERNSTRAND

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 284-3005

    63 Total Sales

    REIDAR STIERNSTRAND
    Section Image
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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 595577

Charlottesville Area Association of REALTORS®

APN: 076C0-00-0D-00300

Virginia Albemarle County Charlottesville 22903

11 Old Farm Rd, Charlottesville, VA

This home is located at 11 Old Farm Rd, Charlottesville, VA 22903 since 13 September 2019 and is currently estimated at $2,015,344, approximately $852 per square foot. 11 Old Farm Rd is a home located in Albemarle County with nearby schools including Virginia L. Murray Elementary School, Joseph T. Henley Middle School, and Western Albemarle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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