NOT LISTED FOR SALE

188 Bear Shop Ln Reva, VA 22735

Estimated Value: $392,000 - $609,296

4 Beds
3 Baths
2,292 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $343,000 $150 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,999/month

11 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Burning Stove
  • Wood Flooring
  • Scenic Views
  • Wooded Lot
  • Farmhouse Style Home

About This Home

As of November 2024

Nestled on 14 wooded acres in the charming Reva area of Madison County, Virginia, this picturesque 1921 classic brick and stone farm house is ready for TLC to bring it back to its former beauty. Ready for your plans, this HUD property is sold as-is and qualifies for FHA 203K renovation loan. Boasting 4 bedrooms and 1.5 baths, this brick home features pastoral views, outbuildings, wooded areas for privacy, and two fireplaces to warm up by during the winter months. The spacious living room, dining area, and den provide plenty of space for entertaining or relaxing with loved ones. Full unfinished walk-up basement with laundry room. Tucked away and surrounded by farmland on a private lane, this property is a rare find that offers the peace and tranquility you've been dreaming of. Don't miss your chance to create your own farmette in this idyllic setting! Seller nor its representatives make any representations or warranties regarding the property. HUD Case # 541-819166.

Last Agent to Sell the Property

Mr. Mike Butters

(540) 825-9898 va.broker@exprealty.net EXP Realty, LLC License #0225091919 Listed on: 10/04/2024

EXP Realty, LLC

Last Buyer's Agent

David Flack

(540) 374-1111 teamunited@urepva.com United Real Estate Premier License #0225216514

United Real Estate Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1921

Lot Details

  • 14 Acre Lot
  • Rural Setting
  • Wire Fence
  • Wooded Lot
  • Property is zoned A1

Parking

  • Driveway

Property Views

  • Scenic Vista
  • Pasture

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,292 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Outbuilding
  • Wood or Metal Shed

Schools

  • Madison Primary Elementary School
  • William Wetsel Middle School
  • Madison County High School

Utilities

  • Heating System Uses Coal
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Machine Shed
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21A
  • Assessor Parcel Number 24 21A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1921

Lot Details

14 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1921
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Oven/Range - Electric
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining
  • Window Features: Wood Frame
  • Fireplace Features: Brick, Wood, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Den, Basement, Bedroom 1, Laundry, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Interior Access, Unfinished, Walkout Stairs
  • Laundry Type: Basement, Hookup, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2292
  • Living Area Sq Ft: 2292
  • Price Per Sq Ft: 148.34
  • Above Grade Finished Sq Ft: 2292
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Machine Shed, Wood/Metal Shed
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Gravel
  • Spa: No
  • View: Pasture, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Coal, Wood, Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MADISON PRIMARY
  • High School: MADISON COUNTY
  • Middle Or Junior School: WILLIAM WETSEL

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Fencing: Wire
  • Lot Features: Trees/Wooded, Rural
  • Lot Size Acres: 14.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 609840.00
  • Zoning: A1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2002.00
  • Assessor Parcel Number: 24 21A
  • Tax Lot: 21A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 15, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Labrie Joshua D and Labrie Claire E
Seller's Agent
Mr. Mike Butters
EXP Realty, LLC
Buyer's Agent
David Flack
United Real Estate Premier
List Price
$340,000
Sold Price
$343,000
Premium/Discount to List
$3,000
0.88%
Views
110
Current Estimated Value
$541,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,074
Avg. Annual Appreciation
44.43%

Purchase Details

Closed on
May 29, 2024
Sold by
Henshaw James Henry and Licht Dinah K
Bought by
Secretary Of Housing And Urban Development
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Labrie Joshua D $343,000 None Listed On Document
Labrie Joshua D $343,000 None Listed On Document
Secretary Of Housing And Urban Development $284,722 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $343,000 +0.9% $150 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $340,000 -- $148 / 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 $2,546 $499,300 $212,000 $287,300
2024 $2,002 $270,600 $136,500 $134,100
2023 $2,002 $270,600 $136,500 $134,100
2022 $2,002 $270,600 $136,500 $134,100
2021 $2,002 $270,600 $136,500 $134,100
2020 $1,921 $270,600 $136,500 $134,100
2019 $1,935 $270,600 $136,500 $134,100
2018 $1,935 $284,600 $167,300 $117,300
2017 $1,935 $284,600 $167,300 $117,300
2016 -- $284,600 $167,300 $117,300
2015 -- $284,600 $167,300 $117,300
2014 -- $284,600 $167,300 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAMA2001892

Bright MLS

APN: 24-21A

Your Personal Tour Guide

Ask me questions while you tour the home.