NOT LISTED FOR SALE

1540 Meander Run Rd Locust Dale, VA 22948

Estimated Value: $559,451 - $668,000

4 Beds
3 Baths
3,440 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 26, 2017

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

Est. 78% increase in value since last sale

Current estimated payment $3,522/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

(540) 661-6970 kayebarfield@netzero.net RE/MAX Gateway License #0225077809 Listed on: 07/08/2016

RE/MAX Gateway

Last Buyer's Agent

Donald Sherbeyn

(540) 878-3068 dlsherbeyn@gmail.com 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
  • 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

Beds/Baths

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

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

  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

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%
Current Estimated Value
$623,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,363
Avg. Annual Appreciation
7.01%
Original Mortgage
$157,000
Outstanding Balance
$130,097
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$493,266
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $2,874 $563,600 $107,000 $456,600
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

    50 Total Sales

    Helen Inskeep
    Section Image
  • Donald Sherbeyn

    Buyer's Agent in 2017

    Donald Sherbeyn

    Lee Sherbeyn Real Estate Services & Referrals

    (540) 878-3068

    65 Total Sales

    Donald Sherbeyn
    Section Image
See All Agents

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

Not Listed for Sale

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