$1,605,000
SOLD MAY 20, 2022

17479 Dry Mill Rd Leesburg, VA 20175

5 Beds
2.5 Baths
2,568 Sq Ft
25 Acres

Recently Sold

$625 Per Sq Ft

15% Above List Price

7 Days on Market

Highlights

  • Horse Facilities
  • Stables
  • 25 Acre Lot
  • Kenneth W. Culbert Elementary School Rated A-
  • Panoramic View
  • Dual Staircase

About This Home

As of May 2022

VALEWOOD FARM...A RARE FIND! Incredible opportunity to purchase a GORGEOUS 25 ACRE HORSE FARM with rolling open acres in a premium location. This beautiful estate has over 1500 feet of premium road frontage off Dry Mill Road and is located just 3 miles to Downtown Leesburg and 2 miles to Route 7. ZONED AR1 and SUITABLE FOR RESIDENTIAL USE BUT CAN ALSO BE UTILIZED FOR MANY AGRICULTURAL PURPOSES INCLUDING A WINERY, BREWERY AND/OR AN EVENTS VENUE. The primary house was built in the late 1800's and is in need of a major restoration. It offers 5 bedrooms, 2.5 baths and 3 fireplaces. The property was originally a dairy farm and has been enjoyed as a horse farm with extensive board fencing. There is a beautiful pond with fish and a small creek that runs through the land. In addition to the house, there is also a two-level bank barn with beautiful old fieldstone, a stable with concrete floor, water and electric, stone spring house, smoke house, 4 farm utility outbuildings, five run-in sheds and an arena. There is an opportunity for possible subdivision for highest for highest and best use. Don't miss this amazing opportunity to own a piece of Loudoun history! Property is sold in as-is condition.

Last Agent to Sell the Property

Vicky Noufal

Real Broker, LLC License #0225094769 Listed on: 03/31/2022

Real Broker, LLC

Last Buyer's Agent

Kalpana Vallabhaneni

Advin Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,052

Year Built

  • Built in 1910

Lot Details

  • 25 Acre Lot
  • Rural Setting
  • Wood Fence
  • No Through Street
  • Private Lot
  • Premium Lot
  • Open Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is zoned AR1, AR1 - AGRICULTURAL RURAL - 1

Parking

  • Gravel Driveway

Property Views

  • Pond
  • Panoramic
  • Woods
  • Pasture
  • Creek or Stream

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Foundation
  • Stone Foundation
  • Plaster Walls
  • Metal Roof
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Partially Furnished
  • Dual Staircase
  • Brick Wall or Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Shed
  • Storage Shed
  • Porch

Location

  • Flood Zone Lot

Schools

  • Kenneth W. Culbert Elementary School
  • J. L. Simpson Middle School
  • Loudoun County High School

Farming

  • Bank Barn
  • Silo
  • Spring House

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Run-In Shed
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 308274840000

Community Details

Overview

  • No Home Owners Association
  • Historic Farmhouse

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,052

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: house, sheds, barns and all outbuildings convey as-is
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-03-31
  • Federal Flood Zone: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: VALEWOOD FARM...A RARE FIND! Incredible opportunity to purchase a GORGEOUS 25 ACRE HORSE FARM with rolling open acres in a premium location. This beautiful estate has over 1500 feet of premium road frontage off Dry Mill Road and is located just 3 miles to Downtown Leesburg and 2 miles to Route 7. ZONED AR1 and SUITABLE FOR RESIDENTIAL USE BUT CAN ALSO BE UTILIZED FOR MANY AGRICULTURAL PURPOSES INCLUDING A WINERY, BREWERY AND/OR AN EVENTS VENUE. The primary house was built in the late 1800's and is in need of a major restoration. It offers 5 bedrooms, 2.5 baths and 3 fireplaces. The property was originally a dairy farm and has been enjoyed as a horse farm with extensive board fencing. There is a beautiful pond with fish and a small creek that runs through the land. In addition to the house, there is also a two-level bank barn with beautiful old fieldstone, a stable with concrete floor, water and electric, stone spring house, smoke house, 4 farm utility outbuildings, five run-in sheds and an arena. There is an opportunity for possible subdivision for highest for highest and best use. Don't miss this amazing opportunity to own a piece of Loudoun history! Property is sold in as-is condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Floor Plan - Traditional, Kitchen - Eat-In, Wood Floors, Additional Stairway
  • Fireplace Features: Brick, Mantel(s), Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, Dry Wall, Plaster Walls
  • Foundation Details: Brick/Mortar, Stone
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Attic, Bonus Room
  • Basement: No
  • Total Sq Ft: 3834
  • Living Area Sq Ft: 2568
  • Price Per Sq Ft: 543.22
  • Above Grade Finished Sq Ft: 2568
  • Below Grade Sq Ft: 1266
  • Total Below Grade Sq Ft: 1266
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17479

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Bank Barn, Barn, Barn/Farm Building, Barn/Stable, Horse Stable, Run-in Shed, Shed, Silo(s), Spring House, Storage Barn/Shed
  • Construction Materials: Masonry
  • Roof: Metal
  • Spa: No
  • View: Creek/Stream, Panoramic, Pasture, Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: KENNETH W. CULBERT
  • Middle School: J. L. SIMPSON
  • High School: LOUDOUN COUNTY
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: 3rd Party
  • Elementary School: KENNETH W. CULBERT
  • High School: LOUDOUN COUNTY
  • Middle Or Junior School: J. L. SIMPSON

Lot Info

  • Horses: Yes
  • Agricultural District: AR1
  • Fencing: Wood
  • Horse Amenities: Arena, Horses Allowed, Paddock, Riding Ring, Stable(s)
  • Improvement Assessed Value: 597720.00
  • Land Assessed Value: 428000.00
  • Land Use Code: AGRICULTURAL RURAL - 1
  • Lot Features: Front Yard, No Thru Street, Not In Development, Open, Pond, Premium, Private, Rear Yard, Rural, Sideyard(s), Stream/Creek, Cleared, Flood Plain
  • Lot Size Acres: 25.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1089000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: AR1
  • Zoning Description: AR1 - AGRICULTURAL RURAL - 1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16556185
  • Tax Annual Amount: 10052.00
  • Assessor Parcel Number: 308274840000
  • Tax Page Number: 62834
  • Tax Total Finished Sq Ft: 2568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 18, 2022
Sold by
Allen Jr Leonard C
Bought by
Lam Krishna and Lam Kalpana
Seller's Agent
Vicky Noufal
Real Broker, LLC
Buyer's Agent
Kalpana Vallabhaneni
Advin Realty, LLC
List Price
$1,395,000
Sold Price
$1,605,000
Premium/Discount to List
$210,000
15.05%
Current Estimated Value
$1,653,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,517
Avg. Annual Appreciation
0.91%
Original Mortgage
$975,000
Outstanding Balance
$934,450
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$717,535

Purchase Details

Closed on
Jul 18, 2020
Sold by
Carson Consuelo and The Valewood Farm Land Trust
Bought by
Allen Melanie L and Allen Clifford

Purchase Details

Closed on
Oct 31, 1997
Sold by
Daymude Carroll P
Bought by
Valewood Farm Land Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,605,000 Fincher Charles A
Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $2,250 -35.7% --
08/27/2022 08/27/22 Under Contract -- -- --
08/07/2022 08/07/22 For Rent $3,500 0.0% --
05/20/2022 05/20/22 Sold $1,605,000 +15.1% $625 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,395,000 -- $543 / Sq Ft
Source: Bright MLS

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 $10,287 $1,189,210 $628,000 $561,210
2023 $10,367 $1,184,790 $556,000 $628,790
2022 $9,129 $1,025,720 $428,000 $597,720
2021 $8,642 $881,840 $418,000 $463,840
2020 $8,851 $855,200 $393,000 $462,200
2019 $8,756 $837,940 $383,000 $454,940
2018 $8,828 $813,660 $383,000 $430,660
2017 $7,671 $681,860 $383,000 $298,860
2016 $7,858 $686,330 $0 $0
2015 $7,767 $301,350 $0 $301,350
2014 $7,405 $298,100 $0 $298,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2022160

Bright MLS

APN: 308-27-4840