NOT LISTED FOR SALE

1481 Timber Ridge Rd Fairfield, VA 24435

Estimated Value: $293,000 - $400,000

3 Beds
2 Baths
1,353 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $310,000 $229 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,978/month

37 Days on Market

About This Home

As of September 2023

AMAZING VIEWS OF THE BLUE RIDGE MOUNTAINS from this 3 bedroom 2 bath rancher situated on almost 3 acres.

Last Listed By

Connie Clark

City & County Real Estate Listed on: 06/26/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,234

Year Built

1965

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt. 11 north to right on Timber Ridge Road - house will be on left with sign in yard.
  • HistoricProperty: No
  • Listing Member Name: Connie Clark
  • Listing Office Short Id: CCRE
  • Open House Office I D: 20150612145057194287000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 1353.00
  • Year Built: 1965
  • Taxes Dollars: 1497.00
  • TotalAcresApx: 2.98
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Cellar
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Vinyl
  • Appliances: As Is, Electric Range, Refrigerator
  • Has Attic: Drop Stair
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Handicap Accessible
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Ceiling Fan(s), Porch-Front, Storage Building, View - Mountains
  • Roof: Shingle
  • Street: Timber Ridge
  • Tax Rate: .74
  • Flood Zone: NE
  • Topography: Views
  • Exterior Features: Handicap Accessible, Porch, Storage Shed, Workshop

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Oil
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 64 1 5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 13, 2023
Sold by
Lilly Clinton R
Bought by
Smith Russell B and Long Kristen N
Seller's Agent
Connie Clark
City & County Real Estate
Buyer's Agent
Non Member
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Total Days on Market
37
Current Estimated Value
$338,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,312
Avg. Annual Appreciation
5.61%
Original Mortgage
$160,000
Outstanding Balance
$157,703
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$180,609

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
Smith Russell B $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Russell B $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $310,000 -11.2% $229 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $349,000 -- $258 / Sq Ft
Source: Rockbridge Highlands 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
2024 $1,234 $202,300 $84,900 $117,400
2023 $1,234 $202,300 $84,900 $117,400
2022 $1,114 $150,500 $59,900 $90,600
2021 $1,114 $150,500 $59,900 $90,600
2020 $1,114 $150,500 $59,900 $90,600
2019 $1,099 $150,500 $59,900 $90,600
2018 $1,054 $150,500 $59,900 $90,600
2017 $1,054 $150,500 $59,900 $90,600
2016 $1,055 $143,600 $54,900 $88,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Connie Clark

    Seller's Agent in 2023

    Connie Clark

    City & County Real Estate

    (540) 463-7400

    88 Total Sales

    Connie Clark
    Section Image
  • Chy Clark

    Seller Co-Listing Agent in 2023

    Chy Clark

    City & County Real Estate

    (540) 570-7158

    74 Total Sales

    Chy Clark
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

See All Agents

Map

Similar Home in Fairfield, VA

  • 1301 Timber Ridge Rd, Fairfield, VA 24435

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    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft
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Source: Rockbridge Highlands REALTORS®

MLS Number: 137829

APN: 64-1-5

Virginia Rockbridge County Fairfield 24435

1481 Timber Ridge Rd, Fairfield, VA

Homes for Sale in Fairfield, VA

This home is located at 1481 Timber Ridge Rd, Fairfield, VA 24435 since 26 June 2023 and is currently estimated at $338,312, approximately $250 per square foot. This property was built in 1965. 1481 Timber Ridge Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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