$640,000
SOLD AUG 20, 2025

161 Half Penny Ln Madison, VA 22727

4 Beds
3.5 Baths
3,000 Sq Ft
136,778 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

15% Below List Price

136 Days on Market

Highlights

  • New Construction
  • Lake Privileges
  • Community Lake
  • View of Trees or Woods
  • Colonial Architecture
  • Space For Rooms

About This Home

As of August 2025

This stunning New Construction home is not a spec build. It was thoughtfully designed by the owner for family members who were ultimately unable to relocate. This custom home offers over 3,000 square feet of living space, including the lower level, and features four bedrooms in total.
A welcoming front porch leads into the entryway, guiding you to the open-concept kitchen, breakfast area, and living room. There is also a separate dining room conveniently located off the kitchen. A side entrance opening to the kitchen through a covered stoop is perfect for unloading groceries. The kitchen boasts an 8 foot island with seating on one side and additional cabinetry on the other, complemented by stainless steel appliances and bright white cabinets for a fresh, modern feel. The living room walks out to the back deck and features a cozy electric fireplace mounted in a slate wall covering that adds warmth and ambiance to the room. On the main floor, you'll find a bedroom with a custom 10 ft closet. A guest half-bath is located in the hallway Upstairs, the primary suite is a luxurious retreat with two walk-in closets offering ample shelving and hanging space. The en-suite bathroom includes luxury vinyl tile, a soaking tub, and a custom-tiled shower. Two additional bedrooms share a hall bathroom with a double vanity and a tub/shower combination. The lower level offers even more living space, including a full bathroom and an upscale laundry area equipped with a new washer and dryer. There is also a finished bonus room ideal for a family room or home office. The one-car garage is accompanied by an adjacent workshop or exercise area, providing extra flexibility. The tax rate has not been set and the assessed value will be raised due to errors in the assessment. This meticulously crafted home blends thoughtful design with modern amenities. Malvern amenities include : A club house that can be rented for parties or meetings, a Lake, an Outdoor Pool and a Tot-lot, The roads are well maintained with efficient snow removal and provide miles of paved walking. HOA fee is only $600 per year.

Last Agent to Sell the Property

Patti Lillard

(540) 948-6655 pattidlillard@yahoo.com Montague, Miller & Company Listed on: 03/03/2025

Last Buyer's Agent

Carl Broyles

(540) 948-6655 carl@broylesrealestate.com Montague, Miller & Company License #0225169704

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 3.14 Acre Lot
  • Rural Setting
  • Cleared Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned A1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Electric Fireplace
  • Double Hung Windows
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Side Basement Entry
  • Garage Access
  • Space For Rooms
  • Workshop
  • Laundry in Basement
  • Basement Windows

Schools

  • Waverly Yowell Elementary School
  • Wetsel Middle School
  • Madison County High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Lake Privileges

Listing and Financial Details

  • Assessor Parcel Number 49 3 120

Community Details

Overview

  • Association fees include pool(s), road maintenance
  • Built by Bracqbien
  • Malvern Of Madison Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Party Room

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

3.14 Acres

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All appliances currently in the home
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2025
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Energy Efficient Appliances, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Laminate Plank, Luxury Vinyl Tile
  • Interior Amenities: Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Pantry, Primary Bath(s), Walk-In Closet(s), Upgraded Countertops
  • Window Features: Double Hung
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Laundry, Workshop, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Daylight, Full, Garage Access, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level, Windows, Workshop, Space For Rooms
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 287.08
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Creek/Stream, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In, Basement Garage, Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available, Under Ground
  • Water Source: Private, Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Lake, Party Room, Picnic Area, Pool - Outdoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pool(s), Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WAVERLY YOWELL
  • High School: MADISON COUNTY
  • Middle Or Junior School: WETSEL

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Front Yard, Rear Yard, Rural
  • Lot Size Acres: 3.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 136778.40
  • Property Condition: Excellent
  • Zoning: A1
  • In City Limits: No

Building Info

  • Builder Name: Bracqbien

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 49 3 120
  • Tax Year: 2025

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Aug 18, 2025
Sold by
Bracqbien Karl M and Bracqbien Gwendoline D
Bought by
Edwards Justin
Seller's Agent
Patti Lillard
Montague, Miller & Company
Buyer's Agent
Carl Broyles
Montague, Miller & Company
List Price
$749,000
Sold Price
$640,000
Premium/Discount to List
-$109,000
-14.55%
Views
108
Current Estimated Value
$665,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,363
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
May 11, 2023
Sold by
Arico B Bernadette
Bought by
Bracqbien Karl M and Bracomen Gwendoline D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Type Sale Price Title Company
Deed $640,000 Fidelity National Title
Warranty Deed $45,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Sold $640,000 -7.1% $213 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $689,000 -1.4% $230 / Sq Ft
05/19/2025 05/19/25 Price Changed $699,000 -6.7% $233 / Sq Ft
03/03/2025 03/03/25 For Sale $749,000 -- $250 / Sq Ft
Source: Bright MLS

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 $2,842 $557,300 $106,100 $451,200
2024 $1,125 $152,000 $54,900 $97,100
2023 $317 $42,900 $42,900 $0
2022 $317 $42,900 $42,900 $0
2021 $317 $42,900 $42,900 $0
2020 $305 $42,900 $42,900 $0
2019 -- $42,900 $42,900 $0
2018 $485 $71,300 $71,300 $0
2017 -- $71,300 $71,300 $0
2016 -- $71,300 $71,300 $0
2015 -- $71,300 $71,300 $0
2014 -- $71,300 $71,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAMA2002070

Bright MLS

APN: 49-3-120

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