Seller's Agent in 2024
Patti Lillard
Montague, Miller & Company
(540) 718-3300
78 Total Sales
202 Innovation Ln Madison, VA 22727
Estimated Value: $806,000 - $889,000
4
Beds
3.5
Baths
4,497
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Eat-In Gourmet Kitchen
- Open Floorplan
- Heated In Ground Pool
- View of Trees or Woods
- Colonial Architecture
About This Home
As of June 2024A rare find in Madison !! You'll be excited to view this Fabulous 4Br Custom Home on 3.86 ac, just off Rt 29 and only 3 miles North of town. This is an upscale neighborhood developed by Graystone Homes, with a paved state road and NO HOA. Plenty of space & privacy with only 12 lots ( partly wooded). Comcast Internet. This home checks all the boxes, with a beautiful kitchen, a large shelved pantry closet, and open plan living and dining areas. The 1st floor Primary bathroom was recently renovated with a spacious tiled shower & a roomy linen closet. You will be thrilled with the 14x 8 primary suite closet/dressing room. There is a sitting room/ office just inside the front foyer. The lower walk- out level has been used as a mother-in-law suite and includes a full kitchen and a living area. There is a a separate area set off for bedroom furniture and includes a full bath and closet. There is no dividing wall so it is not technically a bedroom. The lower level also has a 28'x 15' mechanical and storage room, with a second washer and dryer, a tankless propane water heater, and a work bench w/ shelving.
An L shaped deck off the kitchen looks over the beautiful salt water pool and pool house. The pool area is surrounded by Aluminum "self locking" fence. This home has been meticulously maintained and is ready to move into. 3 Br conventional septic. You will find a list of special features included in the pictures and in the documents. Seller is related to listing agent .COMCAST INTERNET
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,856
Year Built
- Built in 2007
Lot Details
- 3.86 Acre Lot
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Backs to Trees or Woods
- Back and Front Yard
- Property is in excellent condition
- Property is zoned A1, A1
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Shingle Roof
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Wet Bar
- Built-In Features
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fireplace With Glass Doors
- Flue
- Stone Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
- Vinyl Clad Windows
- Insulated Windows
- ENERGY STAR Qualified Doors
- Insulated Doors
- Six Panel Doors
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Den
- Storage Room
- Views of Woods
Kitchen
- Eat-In Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Down Draft Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Rear Basement Entry
- Sump Pump
- Workshop
- Laundry in Basement
- Basement Windows
Pool
- Heated In Ground Pool
- Saltwater Pool
- Fence Around Pool
- Pool Equipment Shed
Outdoor Features
- Stream or River on Lot
- Deck
- Shed
- Storage Shed
- Playground
Schools
- Waverly Yowell Elementary School
- William H. Wetsel Middle School
- Madison County High School
Utilities
- Central Air
- Heating System Powered By Leased Propane
- Underground Utilities
- Well
- Tankless Water Heater
- Propane Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- ENERGY STAR Qualified Equipment for Heating
Community Details
- No Home Owners Association
- Built by GRAYSTONE HOMES, INC
- Carpenter's Ridge Subdivision
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 40 79K
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2024
Closed on
Jun 24, 2024
Sold by
Lillard Randell Nelson and Lillard Nelson Randell
Bought by
Newman Albert A and Newman Janice L
Seller's Agent
Patti Lillard
Montague, Miller & Company
Buyer's Agent
Brenda Payne
Long & Foster Real Estate, Inc.
List Price
$800,000
Sold Price
$831,550
Premium/Discount to List
$31,550
3.94%
Views
41
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
$8,042
Avg. Annual Appreciation
0.79%
Original Mortgage
$481,550
Outstanding Balance
$475,831
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$363,761
Purchase Details
Closed on
Nov 6, 2007
Sold by
Graystone Homes Inc
Bought by
Lillard Randell Nelson
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newman Albert A | $831,550 | Title Resources Guaranty Compa | |
| Lillard Randell Nelson | $139,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newman Albert A | $481,550 | |
| Previous Owner | Lillard Randell Nelson | $50,000 | |
| Previous Owner | Lillard Nelson Randell | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $831,550 | +3.9% | $185 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | For Sale | $800,000 | -- | $178 / Sq Ft |
Source: Bright MLS
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 | $4,679 | $917,500 | $100,600 | $816,900 |
| 2024 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2023 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2022 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2021 | $3,856 | $521,100 | $87,000 | $434,100 |
| 2020 | $3,700 | $521,100 | $87,000 | $434,100 |
| 2019 | $3,097 | $521,100 | $87,000 | $434,100 |
| 2018 | $3,097 | $455,500 | $87,800 | $367,700 |
| 2017 | $3,097 | $455,500 | $87,800 | $367,700 |
| 2016 | -- | $455,500 | $87,800 | $367,700 |
| 2015 | -- | $455,500 | $87,800 | $367,700 |
| 2014 | -- | $455,500 | $87,800 | $367,700 |
Source: Public Records
Agents Affiliated with this Home
-
Patti Lillard
-
Brenda Payne
Buyer's Agent in 2024
Brenda Payne
Long & Foster
(540) 341-3552
90 Total Sales
Map
Source: Bright MLS
MLS Number: VAMA2001620
APN: 40-79K
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