NOT LISTED FOR SALE

123 Stout Rd Edinburg, VA 22824

Estimated Value: $1,361,000 - $2,459,000

3 Beds
3.5 Baths
4,060 Sq Ft
$487/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $1,700,000 $419 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,162/month

146 Days on Market

Highlights

  • 48.54 Acre Lot
  • No HOA
  • Central Air
  • Contemporary Architecture
  • 3 Car Attached Garage
  • Heat Pump System

About This Home

As of September 2021

WOLF GAP ESTATE VINEYARD & WINERY Located in the upper Shenandoah Valley, this property is a very special offering on approximately 48+/- acres with a custom built estate home, a very well-tended 5 acre vineyard with popular varieties, and a three-level winery/tasting room structure with two outdoor tasting decks that offer spectacular views of the valley and the Great North Mountains, including of Wolf Gap. The western views are majestic, with many stunning sunsets in each season of the year—and the eastern views capturing spectacular sunrises over the Blue Ridge Mountains. THE VINEYARD AND WINERY: Currently, the 5+/- acre vineyard is planted with approximately one acre each of the following varieties: Cabernet Sauvignon, Cabernet Franc, Chardonnay, Chambourcin and Traminette. The separate winery building consists of three levels: the top floor houses an 800 square foot tasting room which is augmented by two outside tasting decks of 500 sq. ft. and 350 sq. ft. The ground floor (with three overhead doors), totaling 800 sq. ft. is equipped for wine production and barrel aging. The cellar level of about 400 sq. ft. is outfitted for bottling, labeling and case storage. All the necessary and existing wine making equipment is included in the sale (tanks, hoses, pumps, bottler, corker, etc.) along with all the tasting room and deck furnishings and fixtures (tables, chairs, tasting bar, sink, refrigerator, wine bottle racks, etc.) And, for the gardeners, the winery building also includes a 160 sq. ft. attached greenhouse that supplies flowers and shrubs for landscaping. A neighboring 3,200 sq. ft. steel utility/barn building with a heated tool storage room provides ample storage for tractors, ATVs, mowers, vineyard equipment, chemicals and larger winery equipment all included in the offering price. THE RESIDENCE: This property also consists of an all brick 3 BR, 3.5 BA upscale executive style residence which exudes quality and craftsmanship throughout its 4,000 sq. ft. + of finished living space on two levels. The main level has an open floor plan which provides a natural visual flow from the foyer to the main living area with gas fireplace, and large picture window providing valley and mountain views, then to the dining area, kitchen, and breakfast sunroom with ample natural light and more great views. The spacious master bedroom suite is also on the main level, with two closets and master bath complete with large soaking tub, separate tiled shower stall, and granite based sink area. And directly off the master suite is an adjoining windowed/screened all-season porch with ample seating area. The well-appointed open kitchen area boasts a chef’s grade gas cook top, an electric oven, convection oven, microwave oven, double sink with an instant hot water dispenser, large pantry, a large center island with granite top and barstool seating. Other amenities include a large, spacious second main level deck and balcony which extends the entire expanse of the rear of the house, a covered front porch area, an attached three-car garage with automatic door openers, a Generac 17kw auto-start back-up generator, a water-softener and two hot water heaters (one gas and one electric). The full walk-out lower level offers an entertainment area that contains a wood-burning fireplace, home-theater seating area, and wine lounge. Directly off this area, there is a separate wine cellar with its own climate control. On this level there is also a very large guest bedroom with attached bath, a bonus room and three large storage rooms. This level opens out onto a 500 sq. ft. brick terrace with a fire-pit and running fountain, and simply spectacular views of the valley and mountains. This property has several walking trails, private gazebos, pond and additional home site.

Last Agent to Sell the Property

Mark Pangle

(540) 335-2113 pangle@shentel.net Pangle Real Estate and Auction Co, Inc. License #0225113416 Listed on: 03/16/2021

Co-Listed By

Jacob Pangle

(540) 459-2113 jacobpanglerealestate@gmail.com Pangle Real Estate and Auction Co, Inc.

Last Buyer's Agent

Jacob Pangle

(540) 459-2113 jacobpanglerealestate@gmail.com Pangle Real Estate and Auction Co, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 2005

Lot Details

  • 48.54 Acre Lot
  • Property is zoned A-1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Masonry

Interior Spaces

  • 4,060 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068 A 088

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4060
  • Living Area Sq Ft: 4060
  • Price Per Sq Ft: 431.03
  • Above Grade Finished Sq Ft: 4060
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Frame, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 831200.00
  • Land Assessed Value: 344700.00
  • Lot Size Acres: 48.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2114490.00
  • Zoning: A-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19706218
  • Tax Annual Amount: 5902.00
  • Assessor Parcel Number: 068 A 088
  • Tax Page Number: 132
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SHENANDOAH COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Oct 21, 2021
Sold by
Laravie and Janel
Bought by
Laravie Southern Llc
Seller's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
Buyer's Agent
Jacob Pangle
Pangle Real Estate and Auction Co, Inc.
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$1,975,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,670
Avg. Annual Appreciation
3.62%

Purchase Details

Listed on
Mar 16, 2021
Closed on
Aug 10, 2021
Sold by
Elledge Willard L and Elledge Frances D
Bought by
Laravie Jerret and Laravie Janel
Seller's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
Buyer's Agent
Jacob Pangle
Pangle Real Estate and Auction Co, Inc.
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%

Purchase Details

Closed on
May 22, 2017
Sold by
Yelton Blane Wesley and Yelton Sandra H
Bought by
Yelton Blane Wesley and Yelton Sandra H
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Laravie Southern Llc -- R Keith Richards Pc
Laravie Jerret $1,700,000 None Available
Yelton Blane Wesley -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $1,700,000 -2.9% $419 / Sq Ft
03/16/2021 03/16/21 For Sale $1,750,000 -- $431 / Sq Ft
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
2025 $9,121 $1,425,100 $370,200 $1,054,900
2024 $9,121 $1,425,100 $370,200 $1,054,900
2023 $7,122 $1,425,000 $370,200 $1,054,800
2022 $6,885 $1,425,000 $370,200 $1,054,800
2021 $6,364 $1,175,900 $344,700 $831,200
2020 $5,903 $1,175,900 $344,700 $831,200
2019 $5,903 $1,175,900 $344,700 $831,200
2018 $5,903 $1,175,900 $344,700 $831,200
2017 $5,534 $1,175,900 $344,700 $831,200
2016 -- $1,175,900 $344,700 $831,200
2015 -- $900,100 $316,700 $583,400
2014 -- $900,100 $316,700 $583,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VASH121738

Bright MLS

APN: 068-A-088