NOT LISTED FOR SALE

1592 Airport Rd Hot Springs, VA 24445

Estimated Value: $319,000 - $558,000

2 Beds
2 Baths
1,682 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $471,000 $280 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,736/month

4 Days on Market

Highlights

  • 30 Acre Lot
  • Family Room with Fireplace
  • Wood Flooring
  • Deck
  • Post and Beam
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2022

Well built Home on Warm Springs Mtn. with 30mi. Spectacular Mountain views. Seclusion, Peace and Comfort come to mind when you see this property. Spring fed ponds with largemouth bass, sunfish and catfish. Property adjoins huge section of National Forest. Great Big Game hunting. The Homestead Resort, Greenbriar Resort, Jackson River, and Lake Moomaw are just minutes away for high end amenities and water sports.

Last Agent to Sell the Property

Kenneth Sexton

Gateway Real Estate LLC Listed on: 04/21/2022

Last Buyer's Agent

Scott Hake

James River Realty - Lexington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 2000

Lot Details

  • 30 Acre Lot
  • Property fronts a state road
  • Property is zoned Agricultural

Parking

  • 1 Car Garage

Home Design

  • Post and Beam
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Screened Porch

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Outdoor Fireplace

Location

  • Flood Zone Lot

Schools

  • Valley Elementary School
  • Bath County High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Approved Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 107-1-3B and 107-1-2B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,599

Year Built

Built in 2000

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: US 220 to Clifton Forge, Rt.60 into town. Right at 1st light on A St. L on Church St. to R on Rose St. to top of Warm Springs Mtn. R on Airport Rd for approx. 2.5 mi to property on Right.
  • HistoricProperty: No
  • Listing Member Name: Kenneth Sexton
  • Listing Office Short Id: GRE
  • Open House Office I D: 20200730153407116576000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: SHH
  • Selling Office Short Id: GRE
  • Subdivision Yn: No
  • TotalFinSFApx: 1682.00
  • Year Built: 2000
  • Taxes Dollars: 1599.00
  • TotalAcresApx: 30.00
  • 1StFloorMstrBdrm: No
  • Building Style: Cabin
  • Type of Construction: Post & Beam
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Ceramic Tile, Wood
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 2
  • Fireplace Location: Basement, Family Room
  • Interior Amenities: Jetted Tub
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Exterior: Wood
  • Exterior Features: Ceiling Fan(s), Deck-Front, Deck-Side, Fireplace, Porch-Screened
  • Flood Zone: Minimal
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Airport
  • Tax Rate: .50
  • Flood Zone: SW

Garage/Parking

  • Garage Spaces: Single

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Forced Air, Heat Pump(s), Liquid Propane
  • Sewer: Septic Approved
  • Water: Well
  • Water Heater: Propane

Schools

  • Elementary School: Valley Elementary
  • High School: Bath County High
  • Elementary School: Valley Elementary
  • High School: Bath County High
  • Middle School: N/A

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Residential, Vacation Rental
  • Current Use: Residential, Vacation Rental

Tax Info

  • Tax Map Number: 107-1-3B and 107-1-2B
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 25, 2022
Sold by
Dew Wesley A and Dew Jeana W
Bought by
Colgan Scott Matthew
Seller's Agent
Kenneth Sexton
Gateway Real Estate LLC
Buyer's Agent
Scott Hake
James River Realty - Lexington
List Price
$450,000
Sold Price
$471,000
Premium/Discount to List
$21,000
4.67%
Current Estimated Value
$477,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,857
Avg. Annual Appreciation
-0.42%
Original Mortgage
$376,800
Outstanding Balance
$320,006
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$144,512
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
Colgan Scott Matthew $471,000 Vaught Ronald W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colgan Scott Matthew $376,800
Previous Owner Dew Wesley A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $471,000 +4.7% $280 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $450,000 -- $268 / 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 $1,834 $305,700 $127,000 $178,700
2023 $1,834 $305,700 $127,000 $178,700
2022 $1,321 $292,600 $127,000 $165,600
2021 $1,321 $240,200 $95,500 $144,700
2020 $1,321 $240,200 $95,500 $144,700
2019 $1,201 $240,200 $95,500 $144,700
2018 $1,201 $240,200 $95,500 $144,700
2017 $1,201 $240,200 $95,500 $144,700
2016 -- $237,000 $85,500 $151,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136855

APN: 107-1-3B