NOT LISTED FOR SALE

225 Flat Top Rd Madison, VA 22727

Estimated Value: $240,000 - $545,000

3 Beds
2 Baths
1,510 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $227,500 $151 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,116/month

14 Days on Market

Highlights

  • Community Lake
  • Traditional Floor Plan
  • 1 Fireplace
  • Wood Burning Stove
  • Rambler Architecture
  • 1 Car Detached Garage

About This Home

As of January 2022

Rural Retreat!!!!!!! 3 bedroom 2 bath home on 3.22 acres in Lost Valley. New HVAC and large detached garage. There is a clearing for a pool, but it would also make an awesome fire pit area watching the mountains. Flower beds abound! This would be a great full time home or weekend getaway! Lost Valley borders the Rapidan Wildlife Management area where recreational activities are unlimited!

Last Agent to Sell the Property

Dana Williams

(540) 825-9898 va.broker@exprealty.net EXP Realty, LLC License #0225201273 Listed on: 11/23/2021

EXP Realty, LLC

Last Buyer's Agent

Edwin Wyant

(703) 896-5869 edwinjwyant@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1975 | Remodeled in 2009

Lot Details

  • 3.22 Acre Lot
  • 2 Parcels totaling 3.22 acres
  • Property is zoned C1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Less Than The Number Of Bedrooms

Community Details

  • Association fees include common area maintenance, road maintenance, snow removal
  • Lost Valley Property Owners Assoc HOA
  • Lost Valley Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 36A 2 2 41 & 36A 2 2 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 1975 | Remodeled in 2009

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: wood stove
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Year Renovated: 2009
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Carpet, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 1510
  • Living Area Sq Ft: 1510
  • Price Per Sq Ft: 145.69
  • Above Grade Finished Sq Ft: 1510
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, Septic < # Of Br
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Lake
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal
  • HOA Name: LOST VALLEY PROPERTY OWNERS ASSOC
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 2 Parcels totaling 3.22 acres
  • Lot Size Acres: 3.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 140263.20
  • Outdoor Living Structures: Porch(es)
  • Zoning: C1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 886.00
  • Assessor Parcel Number: 36A 2 2 41 & 36A 2 2 40
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 24, 2022
Sold by
Mathes James O and Mathes Christina A
Bought by
Asby Sue Ann and Asby Richard Keith
Seller's Agent
Dana Williams
EXP Realty, LLC
Buyer's Agent
Edwin Wyant
Samson Properties
List Price
$219,999
Sold Price
$227,500
Premium/Discount to List
$7,501
3.41%
Current Estimated Value
$374,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,306
Avg. Annual Appreciation
13.26%
Original Mortgage
$232,732
Outstanding Balance
$214,798
Interest Rate
3.22%
Mortgage Type
VA
Estimated Equity
$160,008

Purchase Details

Closed on
Aug 31, 2011
Sold by
Mathes James O and Mathes Christina A
Bought by
Mathes James O and Mathes Christina A

Purchase Details

Closed on
May 21, 2008
Sold by
Mathes Evelyn R and Mathes Ronnie
Bought by
Mathes James O
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Asby Sue Ann $227,500 New Title Company Name
Mathes James O -- Stewart Title Guaranty Compa
Mathes James O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asby Sue Ann $232,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $227,500 +3.4% $151 / Sq Ft
11/23/2021 11/23/21 For Sale $219,999 -- $146 / 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 $929 $182,100 $58,000 $124,100
2024 $821 $110,900 $45,800 $65,100
2023 $821 $110,900 $45,800 $65,100
2022 $821 $110,900 $45,800 $65,100
2021 $821 $110,900 $45,800 $65,100
2020 $787 $110,900 $45,800 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAMA2000258

Bright MLS

APN: 36A-2-2-41