NOT LISTED FOR SALE

168 Life Spring Ln Unit 680 Glasgow, VA 24555

Natural Bridge Neighborhood

Estimated Value: $903,000 - $1,767,097

5 Beds
5 Baths
5,000 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $1,000,000 $200 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,623/month

494 Days on Market

Highlights

  • Stables
  • Panoramic View
  • Maid or Guest Quarters
  • Home fronts a creek
  • 186 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of October 2013

One of the premier farms in the valley. Located in the Fancy Hill area just south of Lexington and the Virginia Horse Center.The main residence and log guest house are situated in the middle of 186 pristine acres with unsurpassed views and complete privacy. Set up for maintaining horses and cattle.A 6 stall stable, 7 paddocks with water and electricity and riding ring.

Last Agent to Sell the Property

Frederick Burks

Frederick Fischer Burks Real Estate Listed on: 04/09/2012

Last Buyer's Agent

Frederick Burks

Frederick Fischer Burks Real Estate Listed on: 04/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,503

Year Built

  • Built in 1860

Lot Details

  • 186 Acre Lot
  • Home fronts a creek
  • Property fronts a state road
  • Creek or Stream
  • Hunting Land
  • Secluded Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden
  • Property is zoned Agricultural

Parking

  • No Garage

Property Views

  • Panoramic
  • Mountain
  • Valley

Home Design

  • Federal Colonial Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • Shelving
  • Ceiling Fan
  • Multiple Fireplaces
  • Brick Fireplace
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Floors
  • Attic Stairs

Home Security

  • Alarm System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Spring on Lot
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Storage Shed

Schools

  • Natural Bridge Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Farming

  • Horse or Livestock Barn
  • Equipment Barn
  • Crops Farm
  • Livestock Fence
  • Loafing Shed
  • Spring House
  • Permanent Squeeze Chutes
  • Pasture

Horse Facilities and Amenities

  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Run-In Shed
  • Stables

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Montafon Farm Community

Listing and Financial Details

  • Assessor Parcel Number 97

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,503

Year Built

Built in 1860

Lot Details

0

Listing Details

  • ConservationEsmnt: Yes
  • Directions: From I-81, take exit 180, go north on Rt 11 for 1.3 miles, turn right on Rt 680(Falling Spring Rd), go 1.2 miles to Montafon Lane on the left. House is at the end of the lane.
  • HistoricProperty: No
  • Listing Member Name: Frederick Burks
  • Listing Office Short Id: 97
  • Open House Office I D: 20061211170240588331000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: montafon
  • Subdivision Yn: No
  • TotalFinSFApx: 5000.00
  • Year Built: 1860
  • Taxes Dollars: 5503.00
  • TotalAcresApx: 186.00
  • 1StFloorMstrBdrm: No
  • Porch Deck Patio: Enclosed
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Colonial/Federal
  • Type of Construction: Brick
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partial
  • Full Bathrooms: 3.00
  • Flood Zone Other: YES
  • Updated Floor: Wood
  • Half Bathrooms: 2
  • Heat Other: Outdoor Wood Furnace
  • Appliances: Cook Top, Dishwasher, Dryer, Dryer Hookup, Freezer, Microwave, Oven, Refrigerator, Smoke Detector, Washer
  • Appliances Other: Outdoor wood furnace
  • Has Attic: Floored, Staircase
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3 or More, Brick
  • Fireplace Location: Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
  • FireplaceLocOther: 2 Bedrooms
  • Interior Amenities: Alarm, Attic Fan, Book Shelves, Ceiling Fan, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 12

Exterior Features

  • Exterior: Solid Brick
  • Exterior Features: Cannot Subdivide, Ceiling Fan(s), Conservation Esmnt, Creek Frontage, Fireplace, Guest Quarters, Horses Permitted, Patio-Rear, Patio-Stone, Porch-Enclosed, Porch-Front, Porch-Open, Porch-Side, Satellite Dish, Satellite System, Security System, Shed, Smoke Detector, Spring House, Storage Building, Storm Door-Front, Storm Door-Rear, Storm Door-Side, Storm Windows-Full, View - Mountains, View - Panoramic, View - Valley
  • Road Frontage: Paved Road, State Road
  • Roof: Metal
  • Street: Montafon
  • Surface Water: Creek/Stream, Spring
  • Tax Rate: .610
  • Flood Zone: Other (Use Remarks)
  • Out Buildings: Equipment Shed, Garden Shed, Horse Barn, Loafing Shed, Run-In Shed, Spring House, Stable
  • Topography: Cropland, Hunting, Open, Pasture, Rolling, Secluded, Views, Woods
  • Exterior Features: Bay Window, Covered Porch, Formal Garden, Garden Space, Gazebo, Guest Quarters, Patio, Porch, Security System, Spring House, Storage Shed, Sunrise View, Sunroom, Sunset View, Workshop

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System, Window Unit(s)
  • Heating: Oil, Radiator
  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Developed Spring, Well
  • Water Heater: Electric

Schools

  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: Yes
  • Property Name: Montafon Farm
  • Zoning: Agricultural
  • Best Use: Agricultural, Crops, Farming, Grazing, Horses, Residential
  • Current Use: Cattle, Horses, Residential

Tax Info

  • Tax Map Number: 97
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Kevin Potter R
Bought by
Magnificence And Splendor Llc
Current Estimated Value
$1,335,049

Purchase Details

Listed on
Apr 9, 2012
Closed on
Sep 4, 2013
Sold by
Burks Frederick F and Burks Barbara J
Bought by
Potter R Kevin
Seller's Agent
Frederick Burks
Frederick Fischer Burks Real Estate
Buyer's Agent
Frederick Burks
Frederick Fischer Burks Real Estate
List Price
$2,500,000
Sold Price
$1,000,000
Premium/Discount to List
-$1,500,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Feb 8, 2005
Sold by
Burks Barbara J
Bought by
Burke Frederick Fischer and Burks Barbara J
Source: Public Records

Range of Values:

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Average Value
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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
Magnificence And Splendor Llc $2,242,000 New Title Company Name
Potter R Kevin $1,000,000 None Available
Burke Frederick Fischer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $1,000,000 -60.0% $200 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
04/09/2012 04/09/12 For Sale $2,500,000 -- $500 / 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
2025 $7,615 $1,306,400 $204,300 $1,102,100
2024 $7,615 $1,306,400 $204,300 $1,102,100
2023 $7,615 $1,306,400 $204,300 $1,102,100
2022 $6,152 $889,400 $174,300 $715,100
2021 $6,152 $889,400 $174,300 $715,100
2020 $6,152 $889,400 $174,300 $715,100
2019 $6,069 $889,400 $174,300 $715,100
2018 $5,820 $889,400 $174,300 $715,100
2016 $5,544 $792,600 $164,300 $628,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Frederick Burks

    Frederick Fischer Burks Real Estate

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 126120

APN: 97 6 1A

Virginia Rockbridge County Glasgow 24555 Natural Bridge

168 Life Spring Ln Unit 680, Glasgow, VA

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