NOT LISTED FOR SALE

2975 N Fork Rd Montebello, VA 24464

Estimated Value: $295,000 - $463,000

3 Beds
1 Bath
894 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $164,000 $183 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,979/month

301 Days on Market

Highlights

  • Water Oriented
  • Near a National Forest
  • Partially Wooded Lot
  • Waterfront
  • Private Lot
  • Wood Flooring

About This Home

As of May 2020

Approx 800 linear feet on the North Fork of the Tye River bordering the GWNF, and holding a piece of Nelson County history, is this one of a kind approx 3 acre parcel with cottage. Built in 1934 out of Chestnut, poplar, and oak milled on site, this home sits overlooking the Tye River and an antique water powered grain mill.The house has 3 bedrooms, an updated bath and porches, living room, rear deck. The rocks, hardwood trees, and native plantings intertwine perfectly. The lower open field has electricity and is perfect for camping trailers, group camping, family reunions and much more.

Last Listed By

SARA MCGANN

MOUNTAIN AREA NEST REALTY License #0225083202[4382] Listed on: 07/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1932

Lot Details

  • 2.89 Acre Lot
  • Waterfront
  • Landscaped
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned A-1, Agricultural

Property Views

  • Water
  • Woods
  • Mountain
  • Garden

Home Design

  • Cottage
  • Bungalow
  • Wood Foundation
  • Stone Foundation
  • Architectural Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 894 Sq Ft Home
  • Property has 1.5 Levels
  • Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space
  • Basement Windows

Outdoor Features

  • Water Oriented
  • River Nearby
  • Shed
  • Porch

Schools

  • Tye River Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • White Rock Retreat! Community
  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Cottage
  • Building Total Sq Ft: 894.00
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Remarks Public: Approx 800 linear feet on the North Fork of the Tye River bordering the GWNF, and holding a piece of Nelson County history, is this one of a kind approx 3 acre parcel with cottage. Built in 1934 out of Chestnut, poplar, and oak milled on site, this home sits overlooking the Tye River and an antique water powered grain mill.The house has 3 bedrooms, an updated bath and porches, living room, rear deck. The rocks, hardwood trees, and native plantings intertwine perfectly. The lower open field has electricity and is perfect for camping trailers, group camping, family reunions and much more.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Laminated, Wood
  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Stone, Wood, Crawl Space
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 894
  • Living Area Sq Ft: 894
  • Price Per Sq Ft: 189.04
  • Above Grade Finished Sq Ft: 894
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2975

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle, Composite
  • View: Mountain, Water, Trees/Woods, Garden/Lawn
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well
  • Internet Services: Other

Condo/Co-op/Association

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

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • Elementary School: TYE RIVER
  • Middle School: NELSON
  • High School: NELSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052214
  • School District Source: Listing Agent
  • Elementary School: TYE RIVER
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Lot Features: Landscaping, Partly Wooded, Private, Trees/Wooded
  • Lot Size Acres: 2.89
  • Outdoor Living Structures: Porch(es)
  • Remarks Farm: The mill has not been operated since 1958; however all the internal workings are still there and could be restored. The natural beauty of this property and this area inspire a connection between history, nature, and outdoor recreation. Native trout fishi
  • Zoning: A-1
  • Zoning Description: Agricultural

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 589.68
  • Tax Year: 2019
  • Close Date: 05/28/2020

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Allen Gary R and Steele Lura M
Bought by
Conservation Fund
Total Days on Market
301
Current Estimated Value
$347,442

Purchase Details

Listed on
Jul 10, 2019
Closed on
May 26, 2020
Sold by
Steele Coefee
Bought by
Fluharty Scott A and Fluharty Charlotte H
Seller's Agent
SARA MCGANN
MOUNTAIN AREA NEST REALTY
Buyer's Agent
Default Agent
Default Office
List Price
$489,900
Sold Price
$164,000
Premium/Discount to List
-$325,900
-66.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Coffey-Steele Lura M and Steele Robert F
Bought by
Allen Garry R and Allen Steven

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
Conservation Fund $235,000 Fidelity National Title (Aka
Fluharty Scott A $164,000 Old Republic Title
Allen Garry R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $164,000 -66.5% $183 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
07/10/2019 07/10/19 For Sale $489,900 -- $548 / 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
2024 $619 $89,200 $27,800 $61,400
2023 $580 $89,200 $27,800 $61,400
2022 $580 $89,200 $27,800 $61,400
2021 $510 $70,800 $25,800 $45,000
2020 $590 $373,200 $328,200 $45,000
2019 $590 $373,200 $328,200 $45,000
2018 $269 $328,700 $328,200 $500
2017 $2,367 $328,700 $328,200 $500
2016 $2,367 $328,700 $328,200 $500
2015 $269 $328,700 $328,200 $500
2014 $269 $328,700 $328,200 $500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 592945

Bright MLS

APN: 17-A-16