NOT LISTED FOR SALE

112 Old Forge Ln Weyers Cave, VA 24486

Estimated Value: $588,000 - $1,266,768

62.9 Acres
$13,775 Price per Acre
2,739,924 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $400,000 $113 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,695/month

392 Days on Market

Highlights

  • 62.9 Acre Lot
  • Secluded Lot
  • Main Floor Primary Bedroom
  • Farm
  • Wood Flooring
  • Ceiling height of 9 feet or more

About This Lot

As of August 2020

PRICE REDUCED! 63 mostly cleared acres located in the Weyers Cave area. This farm is enhanced by a fabulous 1890's farmhouse with numerous upgrades that has been well cared for over the years. The 63 acres is protected by a Conservation Easement that allows for several additional dwellings. Either make the farmhouse your permanent residence or build your dream home from one of the numerous building sites and use the farmhouse as a tenant house or rental.

Last Agent to Sell the Property

Greg Keeler

Cottonwood Commercial LLC License #0225099725 Listed on: 04/15/2019

Cottonwood Commercial LLC

Last Buyer's Agent

Ashley Swartz

Cottonwood Commercial LLC License #0225103133

Cottonwood Commercial LLC

Property Details

Property Type

  • Land

Year Built

  • 1890

Lot Details

  • 62.9 Acre Lot
  • Property fronts an easement
  • Elevated Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Cleared Lot
  • Property is zoned Ga General Agricultural

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Utilities

  • Central Air
  • Heating System Uses Oil
  • Oil Tank Underground
  • Well
  • Conventional Septic

Additional Features

  • Storage Shed
  • Farm

Property Details

Property Type

Land

Year Built

1890

Lot Details

62.9 Acres

Listing Details

  • Class: Residential
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 3531
  • Below Grade Total Sq Ft: 1042
  • Design: Farm House, Manor House
  • Farm Remarks: Mostly cleared land. Ideal for crops, horses, or livestock.
  • L V T Date: 04/15/2019
  • Price Per Sq Ft: 113.28
  • Property Included: All kitchen appliances
  • Total Sq Ft: 4573
  • Total Unfinished Sq Ft: 1042
  • Type of Construction: On Site Built
  • Wooded Acres: 7
  • Zoning: Ga General Agricultural
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Unfinished Below Grade Sq Ft: 1042
  • Basement Type: Unfinished
  • Total Finished Sq Ft: 3531
  • Above Grade Finished Sq Ft: 3531
  • Basement: Yes
  • Foundation: Stone
  • Land Description: Clear Cut, Elevated, Farm, Secluded Lot
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number Beds: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Number Of Acres: 62.9
  • Roof: Slate
  • Structure Deck Porch: Courtyard, Deck, Patio - Covered, Patio, Porch - Front, Porch - Rear
  • Structure Floors: Hardwood
  • Structure Window Ceiling: 10' Ceilings, 9' Ceilings

Garage/Parking

  • Number of Carport Spaces: 1
  • Garage Features: Carport

Utilities

  • Cooling: Central Ac
  • Heating: Oil
  • Sewer/Septic System: Installed Conventional
  • Water: Individual Well

Lot Info

  • Crop Acreage: 55
  • Lot Features: Dead End, Easement, Oil Tank Below Ground, Public Road, Sidewalks, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 10, 2020
Sold by
Lafayette C Richardson T
Bought by
Brookside Farm Llc
Seller's Agent
Greg Keeler
Cottonwood Commercial LLC
Buyer's Agent
Ashley Swartz
Cottonwood Commercial LLC
List Price
$535,000
Sold Price
$400,000
Premium/Discount to List
-$135,000
-25.23%
Current Estimated Value
$866,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,442
Avg. Annual Appreciation
14.97%
Original Mortgage
$320,000
Outstanding Balance
$284,387
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$582,055
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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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
Brookside Farm Llc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brookside Farm Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $400,000 -3.6% $113 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $415,000 -7.8% $118 / Sq Ft
09/25/2019 09/25/19 Price Changed $450,000 -5.3% $127 / Sq Ft
07/31/2019 07/31/19 Price Changed $475,000 -11.2% $135 / Sq Ft
04/15/2019 04/15/19 For Sale $535,000 -- $152 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

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 $2,783 $898,000 $457,600 $440,400
2024 $2,783 $898,000 $457,600 $440,400
2023 $1,947 $550,641 $324,500 $226,141
2022 $1,947 $550,641 $324,500 $226,141
2021 $1,947 $550,707 $324,566 $226,141
2020 $127 $211,900 $211,900 $0
2019 $119 $209,900 $209,900 $0
2018 $90 $209,900 $209,900 $0
2017 $83 $209,900 $209,900 $0
2016 $83 $209,900 $209,900 $0
2015 $1,305 $209,900 $209,900 $0
2014 $1,305 $209,900 $209,900 $0
2013 $1,305 $226,200 $226,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 588995

Harrisonburg-Rockingham Association of REALTORS®

APN: 019-117

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