NOT LISTED FOR SALE

300 Schoolhouse Rd Madison, VA 22727

Estimated Value: $563,000 - $688,115

4 Beds
1 Bath
2,344 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $415,000 $177 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,757/month

47 Days on Market

Highlights

  • Waterfront
  • 38.33 Acre Lot
  • Traditional Floor Plan
  • Barn
  • Wood Burning Stove
  • Farmhouse Style Home

About This Home

As of December 2017

Nice old classic farm house with several out buildings on 38 acres with potential division rites located in the town of Madison. Sold "AS IS". Partially open and wooded with water frontage on White Oak Run. Perfect as a small farm, horse property or just peaceful quiet living, but close to all conveniences. House is livable, but needs updating to restore it to pristine condition.

Last Agent to Sell the Property

Lee Wyatt

(540) 718-3065 leewwyatt@yahoo.com Howard Hanna Roy Wheeler Realty License #0225062443 Listed on: 08/16/2017

Howard Hanna Roy Wheeler Realty

Last Buyer's Agent

Kevin McHaney

(540) 718-2277 kmchaney@yahoo.com RE/MAX New Horizons License #0225065819

RE/MAX New Horizons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,163

Year Built

  • Built in 1900

Lot Details

  • 38.33 Acre Lot
  • Waterfront
  • Creek or Stream
  • Property is zoned A1FP

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 3 Fireplaces
  • Wood Burning Stove
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Sump Pump
  • Eat-In Kitchen
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Gravel Driveway

Outdoor Features

  • Water Access
  • Shed
  • Storage Shed

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Property is near creek
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 39- - - -58

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,163

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 2
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Foyer, Study, Laundry, Attic
  • Basement: Yes
  • Basement Type: Unfinished, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2946
  • Living Area Sq Ft: 2344
  • Price Per Sq Ft: 191.55
  • Above Grade Finished Sq Ft: 2344
  • Below Grade Sq Ft: 602
  • Total Below Grade Sq Ft: 602
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Shed, Barn, Storage Barn/Shed
  • Other Structures List: Shed, Barn, Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: Yes
  • Water Body Name: WHITE OAK RUN
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Garage Features: Covered Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Wood
  • Heating Type: Wood Burn Stove, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 134400.00
  • Land Assessed Value: 330800.00
  • Lot Size Acres: 38.33
  • Lot Size Area: 1669611
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1669611.00
  • Property Attached Yn: No
  • Zoning: A1FP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16276425
  • Tax Annual Amount: 3163.36
  • Assessor Parcel Number: 39- - - -58
  • Tax Lot: 58
  • Tax Page Number: 75
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 11, 2017
Sold by
Morris Darrell H
Bought by
Wade Braely A and Wade Gillian P
Seller's Agent
Lee Wyatt
Howard Hanna Roy Wheeler Realty
Buyer's Agent
Kevin McHaney
RE/MAX New Horizons
List Price
$449,000
Sold Price
$415,000
Premium/Discount to List
-$34,000
-7.57%
Current Estimated Value
$661,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,518
Avg. Annual Appreciation
5.20%
Original Mortgage
$332,000
Outstanding Balance
$279,515
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$346,043
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wade Braely A $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Braely A $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $415,000 -7.6% $177 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $449,000 -- $192 / 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 $3,563 $698,700 $324,000 $374,700
2024 $3,429 $463,400 $305,000 $158,400
2023 $3,429 $463,400 $305,000 $158,400
2022 $3,429 $463,400 $305,000 $158,400
2021 $3,429 $463,400 $305,000 $158,400
2020 $3,290 $463,400 $305,000 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000076267

Bright MLS

APN: 39-58