NOT LISTED FOR SALE

3034 Thrift Rd Madison, VA 22727

Estimated Value: $507,000 - $690,000

4 Beds
3 Baths
3,070 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $507,500 $165 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,354/month

318 Days on Market

Highlights

  • Water Views
  • Deck
  • Secluded Lot
  • Second Kitchen
  • Wood Burning Stove
  • Family Room with Fireplace

About This Home

As of October 2023

Motivated Seller!! Welcome home to this one of a kind property listed for the first time in over a quarter century!! It is like having 2 homes in one! 2 side by side sections with full amenities in each (4 BR, 3 BA total) with the flexibility to serve many situations. There is another large room on the end of the complex currently being used as an office. The 10 acres surrounding the property (with a nice creek and rock outcroppings) give great seclusion and beauty while being in close proximity to the town of Madison and winter mountain views! There is another dependency serving as a workshop and garage.

Last Agent to Sell the Property

Kevin McHaney

RE/MAX NEW HORIZONS License #0225065819 Listed on: 10/14/2022

RE/MAX NEW HORIZONS

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1975

Lot Details

  • 10 Acre Lot
  • Elevated Lot
  • Mature Landscaping
  • Secluded Lot
  • Wooded Lot
  • Private Yard
  • Property is zoned C-1 Conservation

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Home Office
  • Water Views

Kitchen

  • Second Kitchen
  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Waverly Elementary School
  • William Wetsel Middle School
  • Madison High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 47-1A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3070
  • Below Grade Total Sq Ft: 952
  • L V T Date: 10/25/2022
  • Parcel Number: 47-1A
  • Price Per Sq Ft: 165.31
  • Total Sq Ft: 5030
  • Total Unfinished Sq Ft: 1960
  • Type of Construction: On Site Built
  • Zoning: C-1 Conservation
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Full Bath1|Full Bath1|Full Bath1|
  • Structures Deck Porch: Deck, Porch, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 952
  • Fireplace: Wood Burning
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Inside Access, Outside Entrance, Unfinished, Walk Out, Windows
  • Room 1: Full Bath,On Level: 1
  • Room 2: Full Bath,On Level: 1
  • Room 3: Full Bath,On Level: 1
  • Total Finished Sq Ft: 3070
  • Above Grade Finished Sq Ft: 3070
  • Basement: Yes
  • Bathroom: Attach Primary Bath
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Granite, Oak Cabinets, Tile Counter, White Cabinets
  • Land Description: Elevated, Private, Secluded Lot, Wooded
  • Level: 1.5 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Number of Main Level Bathrooms: 3
  • Number Beds: 4
  • Full Bathrooms: 3
  • Room Types: Bedroom, Family Room, Full Bath, Home Office, Kitchen, Master Bedroom
  • Room Types Level1: Full Bath (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Fiber Cement
  • Number Of Acres: 10
  • Roof: Composition Shingle
  • Structure Features: Two Kitchens
  • Structure Floors: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Structure Window Ceiling: Vaulted/Cathedral Ceiling
  • View: Water View, Wooded View
  • Water Property: Stream / Creek
  • Yard: Mature, Private, Sunny, Wooded

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 1008
  • Garage Features: Detached, Electricity, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 1008
  • Driveway Parking: Asphalt

Utilities

  • Cooling: Central AC, Heat Pump, Mini Split
  • Heating: Electric, Heat Pump, Split Unit
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Waverly
  • Middle School: William Wetsel
  • High School: Madison (Madison)

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2021
  • Taxes: 2770

MLS Schools

  • HighSchool: Madison (Madison)
  • Middle School: William Wetsel
  • Elementary School: Waverly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Sep 27, 2023
Sold by
Moffett John B
Bought by
Walker Wayne Thomas and Triplett Patricia Elain
Seller's Agent
Kevin McHaney
RE/MAX NEW HORIZONS
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$599,000
Sold Price
$507,500
Premium/Discount to List
-$91,500
-15.28%
Views
659
Current Estimated Value
$574,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,850
Avg. Annual Appreciation
5.84%
Original Mortgage
$250,000
Outstanding Balance
$246,189
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$319,373
Source: Public Records

Range of Values:

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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
Walker Wayne Thomas $507,500 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Wayne Thomas $250,000
Previous Owner Moffet John B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $507,500 -6.0% $165 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $539,900 -5.3% $176 / Sq Ft
08/08/2023 08/08/23 Price Changed $569,900 -1.0% $186 / Sq Ft
06/22/2023 06/22/23 Price Changed $575,900 -3.9% $188 / Sq Ft
04/05/2023 04/05/23 For Sale $599,000 0.0% $195 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
10/14/2022 10/14/22 For Sale $599,000 -- $195 / 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
2024 $2,770 $374,300 $120,500 $253,800
2023 $2,770 $374,300 $120,500 $253,800
2022 $2,770 $374,300 $120,500 $253,800
2021 $2,770 $374,300 $120,500 $253,800
2020 $2,658 $374,300 $120,500 $253,800
2019 $2,336 $374,300 $120,500 $253,800
2018 $2,336 $343,600 $134,900 $208,700
2017 $2,336 $343,600 $134,900 $208,700
2016 -- $343,600 $134,900 $208,700
2015 -- $343,600 $134,900 $208,700
2014 -- $343,600 $134,900 $208,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 635729

Charlottesville area Association of Realtors®

APN: 47-1A