NOT LISTED FOR SALE

1293 Indian Ridge Rd Stuarts Draft, VA 24477

Estimated Value: $592,000 - $1,623,000

3 Beds
3.5 Baths
3,046 Sq Ft
$412/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $1,150,000 $378 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,876/month

505 Days on Market

Highlights

  • 176.58 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2020

Meticulously restored historic brick residence on 176 acres overlooking the meandering upper-reaches of the South River, with stunning Blue Ridge Mountain views. An immaculate 12 acre vineyard and 64 tillable acres provide reliable agricultural income. A large historic barn, 12 stall horse stable and ample pasture land offer the opportunity for expansion of the farming operation. With additional acreage highly suitable for wine grapes, this farm would be perfect for a winery or events venue. Potential for owner financing.

Last Agent to Sell the Property

PETER HOF

(434) 825-1727 peter@virginiaestates.com VIRGINIA ESTATES License #CAAR:HOF13915 Listed on: 05/15/2019

Co-Listed By

RUSSELL PRESNELL

russellepresnell@gmail.com VIRGINIA ESTATES License #CAAR:PRESNELL14048

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1847

Lot Details

  • 176.58 Acre Lot
  • Property is zoned GA, General Agricultural

Home Design

  • Brick Foundation

Interior Spaces

  • 3,046 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Stuarts Draft Elementary And Middle School
  • Stuarts Draft High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ridge Run Vineyard At Rosedale Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 1847

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 3046.00
  • New Construction: No
  • Story List: Main
  • Year Built: 1847
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3046
  • Living Area Sq Ft: 3046
  • Price Per Sq Ft: 459.62
  • Above Grade Finished Sq Ft: 3046
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Oriented: No
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Propane - Owned
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: DSL

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STUARTS DRAFT
  • High School: STUARTS DRAFT
  • Middle Or Junior School: STUARTS DRAFT

Lot Info

  • Wooded Acres: 34.00
  • Cultivated Acreage: 12.00
  • Lot Size Acres: 176.58
  • Tillable Acres: 64.00
  • Zoning: GA
  • Zoning Description: General Agricultural

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2589.30
  • Tax Year: 2019

MLS Schools

  • School District Name: AUGUSTA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Dec 7, 2020
Sold by
Zieman Jon F and Zieman Jane C
Bought by
Stine William L
Seller's Agent
PETER HOF
VIRGINIA ESTATES
Buyer's Agent
Default Agent
Default Office
List Price
$1,400,000
Sold Price
$1,150,000
Premium/Discount to List
-$250,000
-17.86%
Current Estimated Value
$1,254,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,491
Avg. Annual Appreciation
1.77%
Original Mortgage
$275,000
Outstanding Balance
$244,876
Interest Rate
2.71%
Mortgage Type
Seller Take Back
Estimated Equity
$1,009,615
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stine William L $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stine William L $275,000
Closed Stine William L $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2020 12/09/20 Sold $1,150,000 -17.9% $378 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,400,000 -- $460 / 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 $3,249 $1,322,000 $877,600 $444,400
2024 $3,249 $1,322,000 $877,600 $444,400
2023 $2,589 $1,152,291 $901,100 $251,191
2022 $2,589 $1,152,291 $901,100 $251,191
2021 $2,589 $1,152,286 $901,095 $251,191
2020 $2,589 $1,152,300 $901,100 $251,200
2019 $2,589 $1,152,300 $901,100 $251,200
2018 $2,322 $1,135,259 $901,100 $234,159
2017 $2,137 $1,135,259 $901,100 $234,159
2016 $2,137 $1,135,259 $901,100 $234,159
2015 $1,636 $1,135,259 $901,100 $234,159
2014 $1,636 $1,135,259 $901,100 $234,159
2013 $1,636 $1,090,800 $860,400 $230,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    PETER HOF

    VIRGINIA ESTATES

    (434) 825-1727

    2 Total Sales

    PETER HOF
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    RUSSELL PRESNELL

    VIRGINIA ESTATES

  • D

    Buyer's Agent in 2020

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 590581

Bright MLS

APN: 083-13A

Virginia Augusta County Stuarts Draft 24477

1293 Indian Ridge Rd, Stuarts Draft, VA

Not Listed for Sale

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