NOT LISTED FOR SALE

24282 Quail Ridge Ln Aldie, VA 20105

88 Acres
-- Price per Acre
3,853,318 Sq Ft Lot

Last Sold August 24, 2017

Last sale price $11,500,000 $2,467 Per Sq Ft

318 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • 1 Boat Dock
  • 88.46 Acre Lot
  • Mercer Middle School Rated A
  • Arena
  • Pond

About This Lot

As of August 2017

88.46 acres in major growth pattern, zoned R1 (23 acres) balance zoned PD-1P (65.46 acres). Property has frontage on Route 50, Racefield Lane and Quail Ridge Lane. Surrounded by development.

Last Agent to Sell the Property

Paul MacMahon

Sheridan-MacMahon Ltd. License #0225030483 Listed on: 04/12/2016

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,835

Lot Details

  • 88.46 Acre Lot
  • 1,000 Feet of Waterfront
  • East Facing Home
  • Property has an invisible fence for dogs
  • Board Fence
  • Cleared Lot
  • The property's topography is rolling
  • Backs to Trees or Woods
  • No Building Permits
  • Property is zoned R1

Property Views

  • Water
  • Woods
  • Pasture
  • Mountain

Schools

  • Arcola Elementary School
  • Mercer Middle School
  • John Champe High School

Utilities

  • Well
  • Septic Equal To The Number Of Bedrooms

Additional Features

  • Flood Zone Lot
  • Cattle or Dairy Barn
  • Arena

Listing and Financial Details

  • Assessor Parcel Number 203356654000

Community Details

Overview

  • No Home Owners Association
  • Aldie Subdivision

Recreation

  • Horse Trails
  • Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Physical Dock Slip Conveys
  • Pond
  • Stream or River on Lot
  • Storage Shed
  • Tenant House

Property Details

Property Type

Land

Est. Annual Taxes

$11,835

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Remarks Public: 88.46 acres in major growth pattern, zoned R1 (23 acres) balance zoned PD-1P (65.46 acres). Property has frontage on Route 50, Racefield Lane and Quail Ridge Lane. Surrounded by development.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 4.64
  • Street Number Modifier: 24282

Exterior Features

  • Other Structures List: Barn/Stable, Tenant House, Cattle/Dairy Barn, Storage Barn/Shed
  • View: Water, Mountain, Pasture, Trees/Woods
  • View: Yes
  • Water Access: Yes
  • Water Body Name: QUAIL RIDGE LANE
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: ARCOLA
  • Middle School: MERCER
  • High School: JOHN CHAMPE
  • School District Key: 121139189813
  • Elementary School: ARCOLA
  • High School: JOHN CHAMPE
  • Middle Or Junior School: MERCER

Lot Info

  • Fencing: Board, Invisible
  • Horse Amenities: Horse Trails, Arena
  • Improvement Assessed Value: 309900.00
  • Lot Features: Backs To Trees, Cleared, Flood Plain, Pond, Stream/Creek
  • Lot Size Acres: 88.46
  • Lot Size Area: 3853318
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3853318.00
  • Possible Use: Industrial, Residential
  • Topography: Rolling
  • Year Assessed: 2016
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16552102
  • Tax Annual Amount: 11835.21
  • Assessor Parcel Number: 203356654000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 08/24/2017

Multi Family

  • Dock Slip Conveyance: Deeded
  • Mean Low Water Feet: 3

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Aug 23, 2017
Sold by
Quail Ridge Fam Llc A Virginia Limited L
Bought by
Arcola Business Park Llc A Virginia Limi
Seller's Agent
Paul MacMahon
Sheridan-MacMahon Ltd.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$17,875,000
Sold Price
$11,500,000
Premium/Discount to List
-$6,375,000
-35.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,695,833
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Arcola Business Park Llc A Virginia Limi $11,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcola Business Park Llc $11,400,000
Closed Arcola Business Park Llc A Virginia Limi $12,695,833
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $11,500,000 -35.7% $2,467 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
04/12/2016 04/12/16 For Sale $17,875,000 -- $3,834 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2020 -- $11,967,500 $11,694,500 $273,000
2019 -- $13,313,770 $13,047,700 $266,070
2018 -- $10,388,300 $10,078,400 $309,900
2017 -- $10,388,300 $10,078,400 $309,900
2016 -- $1,040,460 $0 $0
2015 -- $1,042,750 $731,640 $311,110
2014 -- $985,360 $687,150 $298,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000683799

Bright MLS

APN: 203-35-6654