NOT LISTED FOR SALE

2217 Gaar Mountain Rd Madison, VA 22727

Estimated Value: $439,070 - $599,000

22.95 Acres
$22,616 Price per Acre
999,702 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $322,500 $287 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,940/month

124 Days on Market

Highlights

  • Horses Allowed On Property
  • 22.95 Acre Lot
  • No HOA
  • Panoramic View
  • Stream or River on Lot

About This Lot

As of January 2021

Stunning 22 acres in Madison County! This property features a 3 bedroom home on a full basement with road frontage on 2 sides. Perfect for a winery or brewery with a beautiful peaceful view! There is a creek that runs along the bottom portion of the property. Mountain views abound!,Fireplace in Basement,Fireplace in Living Room

Last Agent to Sell the Property

Dana Williams

(540) 825-9898 va.broker@exprealty.net EXP Realty, LLC License #0225201273 Listed on: 06/11/2020

EXP Realty, LLC

Last Buyer's Agent

sharon rock

(540) 825-1613 kyle.crawford@c21nm.com CENTURY 21 New Millennium License #0225105889

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,829

Lot Details

  • 22.95 Acre Lot
  • Cleared Lot
  • Property is zoned C1

Property Views

  • Panoramic
  • Woods
  • Pasture
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Well
  • On Site Septic

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 29- - - -27

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,829

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential, Agriculture
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 0.40

Exterior Features

  • Construction Completed: No
  • View: Mountain, Panoramic, Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 96700.00
  • Lot Features: Cleared, Road Frontage, Stream/Creek
  • Lot Size Acres: 22.95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 999702.00
  • Possible Use: Agriculture, Bed & Breakfast, Beer/Wine/Liquor, Camp Ground(s), Florist/Nursery, Hunting, Investment, Land/Lot Only, Livestock, Poultry, Residential
  • Zoning: C1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16270422
  • Tax Annual Amount: 1829.00
  • Assessor Parcel Number: 29- - - -27
  • Tax Lot: 27
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jan 5, 2021
Sold by
Heishman Iva Mae and Heishman Louis
Bought by
Herring Miles L
Seller's Agent
Dana Williams
EXP Realty, LLC
Buyer's Agent
sharon rock
CENTURY 21 New Millennium
List Price
$429,900
Sold Price
$322,500
Premium/Discount to List
-$107,400
-24.98%
Current Estimated Value
$521,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,250
Avg. Annual Appreciation
9.92%
Original Mortgage
$304,000
Outstanding Balance
$269,451
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$249,584
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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Purchase History

Date Buyer Sale Price Title Company
Herring Miles L $322,500 Rgs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herring Miles L $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $322,500 0.0% $287 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Sold $322,500 -19.4% $287 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/13/2020 10/13/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $399,900 -7.0% $355 / Sq Ft
06/11/2020 06/11/20 For Sale $429,900 0.0% $382 / Sq Ft
05/20/2020 05/20/20 For Sale $429,900 -- $382 / 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 $2,730 $535,200 $296,500 $238,700
2024 $2,225 $300,700 $210,700 $90,000
2023 $2,225 $300,700 $210,700 $90,000
2022 $1,189 $300,700 $210,700 $90,000
2021 $1,189 $300,700 $210,700 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAMA108396

Bright MLS

APN: 29-27D