NOT LISTED FOR SALE

1722 Oak Park Rd Madison, VA 22727

Estimated Value: $188,000 - $215,000

2 Beds
1 Bath
756 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $170,000 $225 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,140/month

40 Days on Market

Highlights

  • Concrete Block With Brick
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2023

Lots of potential in this 2 beds, 1 bath home in beautiful Madison! Large outdoor space with abundance of local landscape and plenty of room to play. Spacious Kitchen & Living Room space. Unfinished and spacious basement for extra storage or space. The indoor space is clean, but is waiting on the next owners to make it perfect!! You clean, you win!! Check this one out today!

Last Agent to Sell the Property

Saso Morabito

COWAN REALTY License #0225234791 Listed on: 10/28/2022

Last Buyer's Agent

Julie Ballard

NEST REALTY GROUP License #0225244497

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1955

Lot Details

  • 0.44 Acre Lot
  • Property is zoned R-1 Residential

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Waverly Elementary School
  • William Wetsel Middle School
  • Madison High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4920A

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 996
  • Above Grade Unfinished Sq Ft: 240
  • Below Grade Total Sq Ft: 756
  • L V T Date: 10/29/2022
  • Parcel Number: 4920A
  • Price Per Sq Ft: 224.87
  • Total Sq Ft: 1752
  • Total Unfinished Sq Ft: 996
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 756
  • Basement Type: Outside Entrance, Unfinished
  • Total Finished Sq Ft: 756
  • Above Grade Finished Sq Ft: 756
  • Basement: Yes
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.44

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Oil
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2021
  • Taxes: 699

MLS Schools

  • HighSchool: Madison (Madison)
  • Middle School: William Wetsel
  • Elementary School: Waverly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 7, 2023
Sold by
Good Buy Real Estate Llc
Bought by
Hayes Terry William
Seller's Agent
Saso Morabito
COWAN REALTY
Buyer's Agent
Julie Ballard
NEST REALTY GROUP
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Views
96
Current Estimated Value
$204,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,451
Avg. Annual Appreciation
6.48%
Original Mortgage
$171,500
Outstanding Balance
$165,910
Interest Rate
6.31%
Mortgage Type
VA
Estimated Equity
$38,541

Purchase Details

Closed on
Sep 10, 2022
Sold by
Dodson Nellie Marie
Bought by
Good Buy Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayes Terry William $170,000 None Listed On Document
Good Buy Real Estate Llc $120,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Terry William $171,500
Previous Owner Good Buy Real Estate Llc $144,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $170,000 0.0% $225 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/20/2022 11/20/22 Price Changed $170,000 -5.0% $225 / Sq Ft
11/12/2022 11/12/22 Price Changed $179,000 -3.2% $237 / Sq Ft
10/28/2022 10/28/22 For Sale $185,000 -- $245 / Sq Ft
Source: Charlottesville area Association of 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 $862 $169,100 $47,000 $122,100
2024 $729 $98,500 $42,000 $56,500
2023 $729 $98,500 $42,000 $56,500
2022 $729 $98,500 $42,000 $56,500
2021 $729 $98,500 $42,000 $56,500
2020 $699 $98,500 $42,000 $56,500
2019 $619 $98,500 $42,000 $56,500
2018 $619 $91,000 $39,300 $51,700
2017 -- $91,000 $39,300 $51,700
2016 -- $91,000 $39,300 $51,700
2015 -- $91,000 $39,300 $51,700
2014 -- $91,000 $39,300 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 636190

Charlottesville area Association of Realtors®

APN: 49-20A