Seller's Agent in 2021
Conor Murray
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
(434) 964-7100
47 Total Sales
285 Wallace Gap Ln Madison, VA 22727
Estimated Value: $584,000
400
Acres
$1,460
Price per Acre
17,424,000
Sq Ft Lot
Highlights
- Panoramic View
- 400 Acre Lot
- Fireplace in Primary Bedroom
- Sitting Area In Primary Bedroom
- Near a National Forest
- Farm
About This Lot
As of February 2021400-acre country estate hidden amidst a lovely pastoral valley nestled in the Blue Ridge Mountains. Complete turn-key opportunity w/ all furnishings and fantastic farm equipment included. Excellent location offering privacy, stunning views, & convenience to Rt. 29, close to Charlottesville & Washington, DC. The farmhouse, filled w/ character & charm, has been completely remodeled, enlarged & renovated by current owners w/ all up-to-date systems, appliances & fixtures. A warm, inviting & comfortable home with all systems working. The farm is rich in history & well maintained w/ top-notch infrastructure. The land is divided into 5-6 large hay fields & pastures w/ water on every part of the farm, 3 acre lake, large workshop & fully fenced.
Last Agent to Sell the Property
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228408 Listed on: 04/24/2020
Last Buyer's Agent
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228408 Listed on: 04/24/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,735
Year Built
- 1899
Lot Details
- 400 Acre Lot
- Property fronts an easement
- Elevated Lot
- Property is Fully Fenced
- Landscaped
- Private Lot
- Secluded Lot
- Open Lot
- Gentle Sloping Lot
- Cleared Lot
- Partially Wooded Lot
- Garden
- Property is zoned A-1 Agricultural
Property Views
- Panoramic
- Ridge
- Mountain
Home Design
- Stone Foundation
- Poured Concrete
- Metal Roof
Interior Spaces
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- Skylights
- Multiple Fireplaces
- Brick Fireplace
- Casement Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Bonus Room
- Sun or Florida Room
- Utility Room
- Walkup Attic
- Unfinished Basement
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Pine Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
- Primary bathroom on main floor
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Heated Garage
- Side Facing Garage
- Automatic Garage Door Opener
Farming
- Equipment Barn
- Farm
Utilities
- Forced Air Heating System
- Dual Heating Fuel
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Whole House Permanent Generator
- Well
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Near a National Forest
Recreation
- Pond
- Spring on Lot
- Storage Shed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2020
Closed on
Feb 23, 2021
Sold by
Hoellerich Vincent L and Hoellerich Karen S
Bought by
Living Water Farm Llc
Seller's Agent
Conor Murray
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Conor Murray
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
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
-$2,216,000
Avg. Annual Appreciation
-28.16%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Living Water Farm Llc | $2,800,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2021 02/25/21 | Sold | $2,800,000 | -5.1% | $892 / Sq Ft |
| 01/18/2021 01/18/21 | Pending | -- | -- | -- |
| 04/24/2020 04/24/20 | For Sale | $2,950,000 | -- | $940 / Sq Ft |
Source: Charlottesville area 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 | $3,735 | $732,400 | $131,500 | $600,900 |
| 2024 | $3,575 | $483,100 | $161,900 | $321,200 |
| 2023 | $3,575 | $483,100 | $161,900 | $321,200 |
| 2022 | $3,377 | $456,300 | $161,900 | $294,400 |
| 2021 | $3,155 | $426,300 | $161,900 | $264,400 |
| 2020 | $3,027 | $426,300 | $161,900 | $264,400 |
| 2019 | $2,135 | $426,300 | $161,900 | $264,400 |
| 2018 | $2,135 | $314,000 | $121,800 | $192,200 |
| 2017 | $2,135 | $314,000 | $121,800 | $192,200 |
| 2016 | -- | $314,000 | $121,800 | $192,200 |
| 2015 | -- | $314,000 | $121,800 | $192,200 |
| 2014 | -- | $314,000 | $121,800 | $192,200 |
Source: Public Records
Agents Affiliated with this Home
-
Conor Murray
-
Murdoch Matheson
Seller Co-Listing Agent in 2021
Murdoch Matheson
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
(434) 981-7439
88 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 602942
APN: 45-4A
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