NOT LISTED FOR SALE

2941 Graves Mill Rd Madison, VA 22727

Estimated Value: $409,000

664 Acres
$616 Price per Acre
28,923,840 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $3,100,000 $1,104 Per Sq Ft

Current estimated payment $2,296/month

414 Days on Market

Highlights

  • Horses Allowed On Property
  • Waterfront
  • Wood Burning Stove
  • Panoramic View
  • 664 Acre Lot
  • Farm

About This Lot

As of February 2021

Graves Mill Farm, nestled at the eastern edge of the Blue Ridge Mountains in the picturesque Graves Mill Valley, offers a wealth of possibilities. Large acreage, location, versatile outbuildings, & extensive fencing could allow for use as a farm, cattle grazing, horse property, or multi-purpose estate. Residences include 19th century farmhouse ready for renovation, 2 cottages (one 3bd/3ba & other 2bd/1ba), and studio. Barns with run-ins & other support structures are excellently maintained. Two stocked ponds. Farm is a recipient of a conservation easement from VOF, which assuring land’s integrity while allowing property to serve its next owners’ vision. Less than 2 hrs from DC, 30 min from C'ville, & adjacent to Rapidan Wildlife Mgmt Area.

Last Agent to Sell the Property

Quinton Beckham

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225204314 Listed on: 09/13/2019

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

STEPHEN MCLEAN

MCLEAN FAULCONER INC., REALTOR License #0225073285

Property Details

Property Type

  • Land

Year Built

  • 1995

Lot Details

  • 664 Acre Lot
  • Waterfront
  • Poultry Coop
  • Partially Fenced Property
  • Board Fence
  • Wire Fence
  • Fence is in good condition
  • Open Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned A-1 Agricultural

Property Views

  • Panoramic
  • Ridge
  • Mountain

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Insulated Windows
  • Double Hung Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Gas Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Front Facing Garage
  • Gravel Driveway

Outdoor Features

  • Pond
  • Storage Shed

Farming

  • Equipment Barn
  • Farm

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Borders State Land
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 37-5 & 37-5A

Property Details

Property Type

Land

Year Built

1995

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 1872
  • Animal: Chickens, General Livestock, Horses
  • Below Grade Total Sq Ft: 1248
  • Dependencies: Manager's Residence, Office/Studio, Outbuilding Apartment, Tenant House, Workshop
  • Above Grade Finished: 936
  • Total Above Grade: 936
  • Dependency Total Sq Ft: 936
  • Design: Farm House
  • Farm Remarks: Approximately 500 acres of forest feature nearly 10 miles of trails. The balance of healthy pastures have fencing and have served cattle, bison, and sheep at times, though nothing is grazing now. Support structures include 2 barns (one dairy with large ha
  • L V T Date: 09/13/2019
  • Nameof Property: Graves Mill Farm
  • Parcel Number: 37-5 & 37-5A
  • Pasture Acreage: 150
  • Price Per Sq Ft: 1103.99
  • Property Included: Farm equipment and vehicles are negotiable.
  • Total Sq Ft: 4056
  • Total Unfinished Sq Ft: 1248
  • Type of Construction: On Site Built
  • Wooded Acres: 500
  • Zoning: A-1 Agricultural
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Unfinished Below Grade Sq Ft: 1248
  • Fireplace: Wood Stove
  • Laundry: Dryer, Washer
  • Basement Type: Inside Access, Outside Entrance, Walk Out
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Half Bath, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Total Finished Sq Ft: 2808
  • Above Grade Finished Sq Ft: 1872
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Gas Cooktop, Refrigerator, Wall Oven
  • Land Description: Clear Cut, Farm, Gently Rolling, Garden Spot, Open, Partly Cleared, Partly Wooded, Wooded, Water Front
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Room Types Level1: Dining Room (L1), Half Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Dining Room (LB), Full Bath (LB), Half Bath (LB), Kitchen (LB), Living Room (LB), Master Bathroom (LB), Master Bedroom (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Barbed, Board, Condition Good, High Tensile, Partially Fenced, Woven Wire
  • Exterior: Stone, Vinyl, Wood
  • Farm Features: Barn(s), Chicken Coop, Dairy Barn, Equipment Bldg, Grain Building, Hay Storage, Riding Trails, Tack Room
  • Number Of Acres: 664
  • Roof: Composition Shingle, Metal - Other
  • Structure Deck Porch: Porch - Front
  • Structure Features: Walk-In Closet
  • Structure Floors: Carpet, Wood
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: Double-Hung Windows, Insulated Windows, Screens
  • View: Blue Ridge View, Mountain View, Panoramic View, Pastoral View
  • Water Property: Pond / Lake, Stream / Creek
  • Yard: Fenced, Nearly Level

Garage/Parking

  • Driveway: Gravel
  • Garage Features: Carport, Detached, Faces Front, Large Vehicle

Utilities

  • Cooling: Central Ac, Heat Pump, Window Unit(s)
  • Heating: Central Heat, Heat Pump
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Lot Info

  • Lot Features: Barn, Borders Public Owned Land, Fenced Part, Garden Space, Horses, Public Road, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Feb 10, 2021
Sold by
Severy Mcmahon Linda G and Severy Mcmahon Family Trust
Bought by
Graves Mill Land & Livestock Co Llc
Seller's Agent
Quinton Beckham
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
STEPHEN MCLEAN
MCLEAN FAULCONER INC., REALTOR
List Price
$3,320,000
Sold Price
$3,100,000
Premium/Discount to List
-$220,000
-6.63%
Current Estimated Value
$409,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,691,000
Avg. Annual Appreciation
-33.69%

Purchase Details

Closed on
Jun 11, 2008
Sold by
Graves Mill Land Llc
Bought by
Mcmahon Linda G Severy and Linda G Severy Trust

Purchase Details

Closed on
Sep 21, 2005
Sold by
Chanrick Inc
Bought by
Graves Mill Land Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Graves Mill Land & Livestock Co Llc $3,100,000 Chicago Title
Mcmahon Linda G Severy $5,400,000 None Available
Graves Mill Land Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $3,100,000 0.0% $1,104 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $3,100,000 -6.6% $1,104 / Sq Ft
09/13/2019 09/13/19 For Sale $3,320,000 -- $1,182 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $1,884 $369,500 $215,100 $154,400
2023 $1,430 $193,300 $154,500 $38,800
2022 $1,430 $193,300 $154,500 $38,800
2021 $1,430 $193,300 $154,500 $38,800
2020 $1,372 $193,300 $154,500 $38,800
Source: Public Records

Agents Affiliated with this Home

  • Quinton Beckham

    Seller's Agent in 2021

    Quinton Beckham

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

    (434) 242-6212

    143 Total Sales

    Quinton Beckham
    Section Image

  • T

    Seller's Agent in 2021

    THE BECKHAM TEAM

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

  • S

    Buyer's Agent in 2021

    STEPHEN MCLEAN

    MCLEAN FAULCONER INC., REALTOR

  • S

    Buyer's Agent in 2021

    Steve McLean

    MCLEAN FAULCONER INC., REALTOR

    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 595538

Charlottesville area Association of Realtors®

APN: 37-5A

Virginia Madison County Madison 22727

2941 Graves Mill Rd, Madison, VA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes