NOT LISTED FOR SALE

18 Pheasant Run Nellysford, VA 22958

Estimated Value: $340,399

Studio
2 Baths
1,826 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: November 11, 2019

Last sale price $225,000 $123 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,022 / mo

498 Days on Market

About This Home

As of November 2019

This is in the heart of Nellysford, near the village services, breweries, wineries, and ciderys. A popular brewery is next door! This is zoned B-1 under the Nelson County Zoning Ordinance, and, accordingly, a variety of uses are permitted. (Please see the attached list of uses permitted by right). On the corner of Rockfish Valley Hwy. (VSH 151), this prime location offers exceptional visibility to resort visitor and business traffic. Most recently, the main floor has been used as an Art Gallery, and, upstairs, the apartment has been a popular rental on Air B&B.

Last Agent to Sell the Property

John McKeithen

(434) 361-2440 info@nestrealty.com MOUNTAIN AREA NEST REALTY License #0225057263[3501] Listed on: 04/15/2018

Last Buyer's Agent

Yvette Stafford

(434) 361-2440 info@nestrealty.com MOUNTAIN AREA NEST REALTY License #0225141519[8503]

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1950

Lot Details

  • 1.34 Acre Lot

Home Design

  • Slab Foundation

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1950

Lot Details

1.34 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Price Per Sq Ft: 123.22

Exterior Features

  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Cable, DSL, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ROCKFISH
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Lot Size Acres: 1.34
  • Zoning: B-1
  • Zoning Description: Business

Rental Info

  • Owner Pays: None
  • Vacation Rental: No

Multi Family

  • Gross Income: 1800.00
  • Other Units: Unit 1

Tax Info

  • Assessor Parcel Number: 17807962
  • Tax Annual Amount: 2521.00
  • Tax Year: 2017

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
Nov 6, 2019
Sold by
Bear Creek Community Inv
Bought by
Payne Kenneth A
Seller's Agent
John McKeithen
MOUNTAIN AREA NEST REALTY
Buyer's Agent
Yvette Stafford
MOUNTAIN AREA NEST REALTY
List Price
$350,000
Sold Price
$225,000
Premium/Discount to List
-$125,000
-35.71%
Current Estimated Value
$340,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,399
Avg. Annual Appreciation
6.67%
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
Payne Kenneth A $225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2019 11/11/19 Sold $225,000 -35.7% $123 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
04/15/2018 04/15/18 For Sale $350,000 -- $192 / 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 $2,263 $348,100 $107,200 $240,900
2024 $2,263 $348,100 $107,200 $240,900
2023 $2,263 $348,100 $107,200 $240,900
2022 $2,263 $348,100 $107,200 $240,900
2021 $2,521 $350,200 $107,200 $243,000
2020 $2,521 $350,200 $107,200 $243,000
2019 $2,521 $350,200 $107,200 $243,000
2018 $0 $350,200 $107,200 $243,000
2017 $2,141 $297,300 $93,800 $203,500
2016 $2,141 $297,300 $93,800 $203,500
2015 $2,141 $297,300 $93,800 $203,500
2014 $2,141 $297,300 $93,800 $203,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 574888

Bright MLS

APN: 21-A-82

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