NOT LISTED FOR SALE

1540 Meander Run Rd Locust Dale, VA 22948

Estimated Value: $504,637 - $718,000

4 Beds
3 Baths
3,440 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $350,000 $102 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,717/month

277 Days on Market

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • Breakfast Area or Nook
  • Wood Flooring
  • No HOA
  • Cooling System Utilizes Bottled Gas

About This Home

As of May 2017

You Have to See This One! 5 acres very private setting! Lovingly cared for home filled with amenities. Hardwood floors, spacious kit with a pantry wall, 3 bedroom- 2 bath on main level. Lower level features full apartment - with 2 bedrooms, full bath, private entrance & drive. Attached 2 car garage, detached 24x30 garage/shop, Storage shed, & RV carport. Rear deck & screened porch.

Last Agent to Sell the Property

Helen Inskeep

RE/MAX Gateway License #0225077809 Listed on: 07/08/2016

RE/MAX Gateway

Last Buyer's Agent

Donald Sherbeyn

Lee Sherbeyn Real Estate Services & Referrals License #0225071822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Property is zoned A1

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • William H. Wetsel Middle School
  • Madison County High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 51- - - -67

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,121

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2003
  • Remarks Public: You Have to See This One! 5 acres very private setting! Lovingly cared for home filled with amenities. Hardwood floors, spacious kit with a pantry wall, 3 bedroom- 2 bath on main level. Lower level features full apartment - with 2 bedrooms, full bath, private entrance & drive. Attached 2 car garage, detached 24x30 garage/shop, Storage shed, & RV carport. Rear deck & screened porch.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Island, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3680
  • Living Area Sq Ft: 3440
  • Price Per Sq Ft: 192.88
  • Above Grade Finished Sq Ft: 1840
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 240
  • Total Below Grade Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1540

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed Shop, Storage Barn/Shed
  • Other Structures List: Shed Shop, Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Attached, Detached
  • Garage Features: Garage Door Opener

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: MADISON COUNTY PUBLIC SCHOOLS
  • Middle School: WILLIAM H. WETSEL
  • High School: MADISON COUNTY
  • School District Key: 121138932292
  • High School: MADISON COUNTY
  • Middle Or Junior School: WILLIAM H. WETSEL

Lot Info

  • Improvement Assessed Value: 213900.00
  • Land Assessed Value: 98000.00
  • Lot Size Acres: 5.00
  • Lot Size Area: 217800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Property Attached Yn: No
  • Year Assessed: 2013
  • Zoning: A1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16271543
  • Tax Annual Amount: 2120.92
  • Assessor Parcel Number: 51- - - -67
  • Tax Lot: 67
  • Tax Total Finished Sq Ft: 1892
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/26/2017

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
May 19, 2017
Sold by
Mercier Dennis G and Mercier Sheri L
Bought by
Handwork Andrew J W
Seller's Agent
Helen Inskeep
RE/MAX Gateway
Buyer's Agent
Donald Sherbeyn
Lee Sherbeyn Real Estate Services & Referrals
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Total Days on Market
277
Current Estimated Value
$632,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,909
Avg. Annual Appreciation
9.17%
Original Mortgage
$157,000
Outstanding Balance
$131,973
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$586,815
Source: Public Records

Range of Values:

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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
Handwork Andrew J W $350,000 Cardinal Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handwork Andrew J W $157,000
Previous Owner Mercier Dennis G $33,000
Previous Owner Hercier Dennis G $176,000
Previous Owner Mercier Dennis G $100,000
Previous Owner Mercier Dennis G $50,000
Previous Owner Mercier Dennis G $94,000
Previous Owner Mercier Dennis G $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $350,000 -1.4% $102 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/29/2017 03/29/17 Price Changed $354,900 -1.4% $103 / Sq Ft
01/23/2017 01/23/17 Price Changed $359,900 -1.4% $105 / Sq Ft
09/28/2016 09/28/16 Price Changed $364,900 -1.4% $106 / Sq Ft
07/28/2016 07/28/16 Price Changed $369,900 -7.5% $108 / Sq Ft
07/08/2016 07/08/16 For Sale $399,900 -- $116 / 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
2024 $2,650 $358,100 $81,000 $277,100
2023 $2,650 $358,100 $81,000 $277,100
2022 $2,650 $358,100 $81,000 $277,100
2021 $2,650 $358,100 $81,000 $277,100
2020 $2,543 $358,100 $81,000 $277,100
2019 $2,121 $358,100 $81,000 $277,100
2018 $2,121 $311,900 $98,000 $213,900
2017 $2,121 $311,900 $98,000 $213,900
2016 -- $311,900 $98,000 $213,900
2015 -- $311,900 $98,000 $213,900
2014 -- $311,900 $98,000 $213,900
Source: Public Records

Agents Affiliated with this Home

  • Helen Inskeep

    Seller's Agent in 2017

    Helen Inskeep

    RE/MAX

    (540) 661-6970

    51 Total Sales

    Section Image
  • Donald Sherbeyn

    Buyer's Agent in 2017

    Donald Sherbeyn

    Lee Sherbeyn Real Estate Services & Referrals

    (540) 878-3068

    66 Total Sales

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Map

Source: Bright MLS

MLS Number: 1000402589

Bright MLS

APN: 51-67

Virginia Madison County Locust Dale 22948

1540 Meander Run Rd, Locust Dale, VA

This home is located at 1540 Meander Run Rd, Locust Dale, VA 22948 since 08 July 2016 and is currently estimated at $632,909, approximately $183 per square foot. This property was built in 2003. 1540 Meander Run Rd is a home located in Madison County with nearby schools including Madison Primary School, Waverly Yowell Elementary School, and William H. Wetsel Middle School.

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