Seller's Agent in 2023
Nick Whitelock
Massanutten Realty
(540) 383-9601
17 in this area
444 Total Sales
275 Chapel Rd Stanley, VA 22851
Estimated Value: $564,000 - $581,131
6
Beds
5
Baths
4,082
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- 3.09 Acre Lot
- Multiple Fireplaces
- Concrete Block With Brick
- Mountain View
- Main Floor Primary Bedroom
- Forced Air Heating and Cooling System
About This Home
As of August 2023Wow tremendous investment opportunity. 4 dwellings on over 3 acres in the Heart of the Shenandoah Valley. Large victorian home dating to 1845 once operated as the White Fence Bed & Breakfast and now operated as 3 separate Successful Vacation rentals. In addition to the large home there is a Stunning 1 Bedroom cottage and 1 bedroom yurt on the property for additional income and a 4th cottage that can be finished into a potential 4th AirBNB and future equity! Featuring Beautiful finishings, quality furnishings (included the sale) and eye catching touches throughout all the properties this property has the wow factor necessary to be a niche vacation destination. Outstanding location in the Shenandoah Valley with the Shenandoah National Park, Shenandoah River, Luray Caverns, Wedding venues, vineyards, Massanutten, The pool and much More close by! The 4th cottage has been gutted and is ready for its finishing touches to provide even more income potential for the new owners. Bring your imagination, so much potential and opportunity awaits! Recently implemented into the rental Market, this property has a history of happy customers!
Last Agent to Sell the Property
Massanutten Realty License #0225203811 Listed on: 06/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,491
Year Built
- Built in 1845
Lot Details
- 3.09 Acre Lot
- Native Plants
- Property is zoned MDR Medium-Density Residential District
Home Design
- Concrete Block With Brick
- Stone Foundation
- Metal Roof
- Wood Siding
- Synthetic Stucco Exterior
Interior Spaces
- 2-Story Property
- Multiple Fireplaces
- Mountain Views
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 5 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Green Features
Schools
- Stanley Elementary School
- Page Middle School
- Page High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 71A6-A-40
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Aug 11, 2023
Sold by
Stephenson Kevin
Bought by
Phelps Sarah and Phelps Nathaniel
Seller's Agent
Nick Whitelock
Massanutten Realty
Buyer's Agent
Linda Whitmore
Hometown Realty Group
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Views
125
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
$37,566
Avg. Annual Appreciation
2.80%
Original Mortgage
$454,750
Outstanding Balance
$443,161
Interest Rate
7.07%
Mortgage Type
Construction
Estimated Equity
$129,405
Purchase Details
Listed on
Jul 6, 2021
Closed on
Apr 29, 2022
Sold by
K Mitchell Llc
Bought by
Stephenson Kevin and Stephenson Kathleen
Seller's Agent
christie Jones
RE/MAX Gateway
Buyer's Agent
Sable Ponn
Funkhouser Real Estate Group
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%
Original Mortgage
$296,250
Interest Rate
4.98%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 20, 2012
Closed on
May 23, 2013
Seller's Agent
William Dudley
Bill Dudley & Associates Real Estate, Inc
Buyer's Agent
William Dudley
Bill Dudley & Associates Real Estate, Inc
List Price
$395,000
Sold Price
$290,000
Premium/Discount to List
-$105,000
-26.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Purchase Details
Closed on
Dec 21, 2011
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phelps Sarah | $535,000 | -- | |
| Stephenson Kevin | $440,000 | -- | |
| -- | $290,000 | -- | |
| -- | $349,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phelps Sarah | $454,750 | |
| Previous Owner | Stephenson Kevin | $296,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $535,000 | -2.7% | $131 / Sq Ft | |
| 06/22/2023 06/22/23 | Pending | -- | -- | -- | |
| 06/01/2023 06/01/23 | For Sale | $549,900 | +25.0% | $135 / Sq Ft | |
| 04/29/2022 04/29/22 | Sold | $440,000 | -11.8% | $110 / Sq Ft | View Prior Sale |
| 02/22/2022 02/22/22 | Pending | -- | -- | -- | |
| 10/01/2021 10/01/21 | For Sale | $499,000 | +13.4% | $125 / Sq Ft | |
| 07/06/2021 07/06/21 | Off Market | $440,000 | -- | -- | |
| 05/23/2013 05/23/13 | Sold | $290,000 | -19.2% | $110 / Sq Ft | View Prior Sale |
| 05/14/2013 05/14/13 | Pending | -- | -- | -- | |
| 02/28/2013 02/28/13 | Price Changed | $359,000 | -9.1% | $136 / Sq Ft | |
| 01/20/2012 01/20/12 | For Sale | $395,000 | -- | $150 / Sq Ft |
Source: Harrisonburg-Rockingham Association of REALTORS®
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 | $2,575 | $352,700 | $71,000 | $281,700 |
| 2024 | $2,575 | $352,700 | $71,000 | $281,700 |
| 2023 | $2,575 | $352,700 | $71,000 | $281,700 |
| 2022 | $0 | $352,700 | $71,000 | $281,700 |
| 2021 | $2,575 | $352,700 | $71,000 | $281,700 |
| 2020 | $2,301 | $315,200 | $61,000 | $254,200 |
| 2019 | $2,301 | $315,200 | $61,000 | $254,200 |
| 2018 | $2,206 | $315,200 | $61,000 | $254,200 |
| 2017 | $2,080 | $315,200 | $61,000 | $254,200 |
| 2016 | $2,080 | $315,200 | $61,000 | $254,200 |
| 2015 | $2,234 | $349,000 | $61,000 | $288,000 |
| 2014 | $2,234 | $349,000 | $61,000 | $288,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Whitelock
-
Linda Whitmore
Buyer's Agent in 2023
Linda Whitmore
Hometown Realty Group
(540) 810-1434
4 in this area
64 Total Sales
-
christie Jones
Seller's Agent in 2022
christie Jones
RE/MAX
(571) 921-2032
1 in this area
32 Total Sales
-
Sable Ponn
Buyer's Agent in 2022
Sable Ponn
Funkhouser Real Estate Group
(540) 860-8966
51 in this area
247 Total Sales
-
William Dudley
W
Seller's Agent in 2013
William Dudley
Bill Dudley & Associates Real Estate, Inc
(540) 860-9109
40 in this area
237 Total Sales
Map
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 642243
APN: 71A6-A-40
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