Seller's Agent in 2025
Jimmy Miller
John Stewart Walker, Inc
163 Total Sales
1736 Wares Gap Rd Monroe, VA 24574
5
Beds
4
Baths
2,863
Sq Ft
148
Acres
Highlights
- Lake Front
- Creek or Stream View
- Multiple Fireplaces
- 6,446,880 Sq Ft lot
- Secluded Lot
- 2-Story Property
About This Home
As of March 2025SPRING HOLLOW-A special 148-acre hideout, tucked away on the south side of Tobacco Row Mountains with protected views and unobstructed privacy, this unique property offers peace and tranquility while being completely isolated from the outside world. The home, situated on a three-acre lake, was originally a log cabin built in 1785. Its sister addition was built in 2009 and the two are connected together with a hallway in the rear and a full porch across the front. It's a wonderful blend of old and new with quality finishes, while a simple authentic character is maintained throughout the home. Plenty of sleeping spaces and four full bathrooms give many options for creating your personal retreat. Improvements include a rock walled and covered outdoor living area with fireplace and grill, large barn, boathouse and deck, and smoke house. Plentiful hiking and riding trails in your own private valley.
Last Agent to Sell the Property
Frank Hardy Sotheby's Intl. License #0225205585 Listed on: 12/17/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,348
Year Built
- Built in 1785
Lot Details
- 148 Acre Lot
- Lake Front
- Secluded Lot
Property Views
- Creek or Stream
- Mountain
Home Design
- 2-Story Property
- Metal Roof
Interior Spaces
- 2,863 Sq Ft Home
- Ceiling Fan
- Multiple Fireplaces
- Self Contained Fireplace Unit Or Insert
- Great Room
- Screened Porch
- Home Security System
- Laundry on main level
Kitchen
- Self-Cleaning Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Pine Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
Schools
- Amherst Elementary School
- Amherst Midl Middle School
- Amherst High School
Utilities
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Satellite Dish
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Mar 24, 2025
Sold by
Georgia Rose Llc
Bought by
Mauli Studios Llc
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678
Avg. Annual Appreciation
0.19%
Purchase Details
Listed on
Dec 17, 2013
Closed on
Jun 30, 2015
Sold by
Clarkson Properties Llc A Virginia Limit
Bought by
Georgia Rose Llc A Virginia Limited Liab
Seller's Agent
Bruce Carrington
Frank Hardy Sotheby's Intl.
Buyer's Agent
Joel Kramar
Harmony Homes & Land
List Price
$1,989,000
Sold Price
$1,300,000
Premium/Discount to List
-$689,000
-34.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$50,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 5, 2008
Sold by
Wilkins S Vance
Bought by
Clarkson Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2006
Sold by
Wallace Pamela W
Bought by
Wilkins S Vance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | None Listed On Document | |
| Warranty Deed | $1,300,000 | None Available | |
| Deed | -- | None Available | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $165,000 | Purchase Money Mortgage | |
| Previous Owner | $800,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $1,400,000 | -20.0% | $491 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $1,750,000 | +34.6% | $614 / Sq Ft |
| 07/01/2015 07/01/15 | Sold | $1,300,000 | -34.6% | $454 / Sq Ft |
| 06/30/2015 06/30/15 | Pending | -- | -- | -- |
| 12/17/2013 12/17/13 | For Sale | $1,989,000 | -- | $695 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $3,204 | $525,300 | $101,600 | $423,700 |
| 2024 | $3,204 | $796,200 | $372,500 | $423,700 |
| 2023 | $4,857 | $796,200 | $372,500 | $423,700 |
| 2022 | $4,857 | $796,200 | $372,500 | $423,700 |
| 2021 | $4,857 | $796,200 | $372,500 | $423,700 |
| 2020 | $4,857 | $796,200 | $372,500 | $423,700 |
| 2019 | $3,581 | $587,000 | $289,000 | $298,000 |
| 2018 | $3,581 | $587,000 | $289,000 | $298,000 |
| 2017 | $2,322 | $587,000 | $289,000 | $298,000 |
| 2016 | $3,581 | $587,000 | $289,000 | $298,000 |
| 2015 | $1,066 | $587,000 | $289,000 | $298,000 |
| 2014 | $2,131 | $587,000 | $289,000 | $298,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Bruce Carrington
Seller's Agent in 2015
Bruce Carrington
Frank Hardy Sotheby's Intl.
(434) 944-2643
10 Total Sales
-
Joel Kramar
Buyer's Agent in 2015
Joel Kramar
Harmony Homes & Land
(434) 851-9300
38 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 282527
APN: 78-A-12
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