NOT LISTED FOR SALE

262 Old Farm Rd Luray, VA 22835

Estimated Value: $352,940 - $398,000

4 Beds
2 Baths
1,651 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $240,000 $145 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,218/month

38 Days on Market

Highlights

  • 2.23 Acre Lot
  • No HOA
  • Central Air
  • Rambler Architecture
  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Heat Pump System

About This Home

As of April 2021

**PRICE REDUCED** Large Ranch + Large Lot= Great Opportunity! 4 BR 2 BA ranch home in Old Farms. Home situated on just over 2 acres totaling 3 lots. Beautiful wood floors in living area. Primary bedroom offers private bath.

Last Agent to Sell the Property

Bill Dudley

Bill Dudley & Associates Real Estate, Inc Listed on: 01/04/2021

Last Buyer's Agent

Sable Ponn

Funkhouser Real Estate Group License #0225228371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1969

Lot Details

  • 2.23 Acre Lot

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Old Farms Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 42E-1-49;48;50

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Remarks Public: **PRICE REDUCED** Large Ranch + Large Lot= Great Opportunity! 4 BR 2 BA ranch home in Old Farms. Home situated on just over 2 acres totaling 3 lots. Beautiful wood floors in living area. Primary bedroom offers private bath.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3302
  • Living Area Sq Ft: 1651
  • Price Per Sq Ft: 151.36
  • Above Grade Finished Sq Ft: 1651
  • Below Grade Sq Ft: 1651
  • Total Below Grade Sq Ft: 1651
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 262

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Community

Condo/Co-op/Association

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

Schools

  • School District: PAGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140891661
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 186000.00
  • Land Assessed Value: 122900.00
  • Lot Size Acres: 2.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97138.80
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16342913
  • Tax Annual Amount: 1668.00
  • Assessor Parcel Number: 42E-1-49;48;50
  • Tax Lot: 49
  • Tax Total Finished Sq Ft: 3302
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: PAGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 9, 2021
Sold by
Schmidt Carole M
Bought by
Pond Richard S
Seller's Agent
Bill Dudley
Bill Dudley & Associates Real Estate, Inc
Buyer's Agent
Sable Ponn
Funkhouser Real Estate Group
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$379,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,302
Avg. Annual Appreciation
10.86%
Original Mortgage
$228,000
Outstanding Balance
$205,975
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$169,495

Purchase Details

Closed on
Jan 19, 2011
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
Pond Richard S $240,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pond Richard S $228,000
Previous Owner Schmidt Kenneth $135,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $240,000 -4.0% $145 / Sq Ft
01/19/2021 01/19/21 Price Changed $249,900 -3.8% $151 / Sq Ft
01/04/2021 01/04/21 For Sale $259,900 -- $157 / 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
2025 $1,690 $231,500 $42,500 $189,000
2024 $1,690 $231,500 $42,500 $189,000
2023 $1,690 $231,500 $42,500 $189,000
2022 $1,690 $231,500 $42,500 $189,000
2021 $22 $231,500 $42,500 $189,000
2020 $1,668 $228,500 $42,500 $186,000
2019 $1,668 $228,500 $42,500 $186,000
2018 $1,600 $228,500 $42,500 $186,000
2017 $1,508 $228,500 $42,500 $186,000
2016 $1,508 $228,500 $42,500 $186,000
2015 $1,462 $228,400 $42,500 $185,900
2014 $1,462 $228,400 $42,500 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPA105836

Bright MLS

APN: 42E-1-49