NOT LISTED FOR SALE

31 Greystone Ln Fairfield, VA 24435

Estimated Value: $461,000 - $593,000

5 Beds
3 Baths
3,980 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $496,000 $125 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,962/month

52 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 4.69 Acre Lot
  • Barn
  • Home fronts a creek
  • Mountain View

About This Home

As of August 2023

Circa 1830 ''Greystone'' is a wonderful farmhouse on 4.69 acres just north of Fairfield with a rich history. The property, residue of a much larger farm and orchard, offers a convenient location, privacy, and pastoral views. The home began as a modest Flemish-bond brick dwelling with 2 large rooms and a central stair on each of 2 levels. Changes over the ensuing nearly 200 years brought more bedrooms, bathrooms, living and dining areas, a kitchen, and porches. Now nearly 4,000 finished sq ft, the home also has workshop/storage areas in the basement; electrical and HVAC systems have been modernized. Charming guesthouse/studio in the back yard is served by a full bathroom; there are two large barns on site; lovely setting includes expansive lawns, springs, a creek, and an arbor-shaded patio.

Last Agent to Sell the Property

LESLIE GILES

Lexington Real Estate Connection Listed on: 05/25/2023

Last Buyer's Agent

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1830

Lot Details

  • 4.69 Acre Lot
  • Home fronts a creek
  • Property fronts a highway
  • Creek or Stream
  • Partially Fenced Property
  • Garden
  • Historic Home
  • Property is zoned Agricultural

Parking

  • No Garage

Home Design

  • Federal Colonial Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,980 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Stove
  • Flue
  • Brick Fireplace
  • Thermal Pane Windows
  • Living Room with Fireplace
  • Den with Fireplace
  • Workshop
  • Sun or Florida Room
  • Mountain Views
  • Scuttle Attic Hole
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Basement Cellar

Outdoor Features

  • Spring on Lot
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Separate Outdoor Workshop

Schools

  • Fairfield Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Farming

  • Barn
  • Chicken Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Satellite Dish

Additional Features

  • Guest House
  • Flood Zone Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-A-54

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,903

Year Built

Built in 1830

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From downtown Lexington: travel north on US 11 (N Lee Highway) approximately 13 miles, through village of Fairfield; turn right at Greystone Lane (SR 837) and access property via gravel driveway at Lexington Real Estate Connection sign
  • HeatLiquidPropaneLO: Leased
  • HistoricProperty: No
  • InternetServicesAvailable: DSL, Satellite
  • Listing Member Name: Leslie A Giles
  • Listing Office Short Id: 80
  • Open House Office I D: 20061211170241366991000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • TotalFinSFApx: 3980.00
  • Year Built: 1830
  • Taxes Dollars: 1902.59
  • TotalAcresApx: 4.69
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPatio: Rear
  • PorchDeckPatioPorch: Front
  • Building Style: Colonial/Federal, Farm House, Historical
  • StyleTwoStory: YES
  • Type of Construction: Solid Brick, Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Area Remarks: just N of Fairfield village
  • Has Basement: Cellar, Interior Access, Partial, Walkout
  • Full Bathrooms: 2.50
  • Dining Room Features Other: YES
  • Updated Floor: Ceramic Tile, Wood
  • Half Bathrooms: 1
  • Appliances: As Is, Dishwasher, Dryer, Dryer Hookup, Gas Range, Microwave, Refrigerator, Washer, Washer Hookup, Wood Stove
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 2, Brick, Wood Stove
  • Fireplace Location: Den, Living Room
  • Guest House Sq Ft: 720.00
  • Interior Amenities: Balcony, Book Shelves, Breakfast Area, Ceiling Fan, Flue Available, Walk-in Closet, Workshop
  • Lower Floor 1 Bedrooms: 12

Exterior Features

  • Exterior: Solid Brick, Wood
  • Exterior Features: Ceiling Fan(s), Chickens Permitted, Creek Frontage, Fireplace, Guest Quarters, Horses Permitted, Patio-Rear, Patio-Stone, Porch-Front, Porch-Open, Porch-Rear, Porch-Side, Porch-Two Story, Satellite Dish, Storm Door-Front, Storm Door-Rear, Thermopane Windows, View - Mountains, Wood Stove, Workshop
  • Road Frontage: State Road, US Highway
  • Roof: Metal, Shingle
  • Street: Greystone
  • Surface Water: Creek/Stream, Spring
  • Tax Rate: $0.61/$100
  • Flood Zone: NE
  • Out Buildings: Barn(s)
  • Fencing: Partial
  • Topography: Mixed, Views
  • Exterior Features: Balcony, Barn, Covered Porch, Garden Space, Guest Quarters, Patio, Porch, Sunroom, Workshop
  • Guest House: Yes

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Electric, Forced Air, Heat Pump(s), Liquid Propane, Wood Stove
  • Sewer: Existing Septic, Public Sewer Avail
  • Utilities Available: Electric, Public Sewer, Public Water
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Bed & Breakfast, Residential, Vacation Rental
  • Current Use: Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 39-A-54
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 14, 2023
Sold by
Glenn R Henderson Trust
Bought by
Sumey Brianna Mary-Lynn and Ingland Diane
Seller's Agent
LESLIE GILES
Lexington Real Estate Connection
Buyer's Agent
Non Member
List Price
$529,000
Sold Price
$496,000
Premium/Discount to List
-$33,000
-6.24%
Current Estimated Value
$518,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,465
Avg. Annual Appreciation
3.89%
Original Mortgage
$471,200
Outstanding Balance
$462,734
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$74,073

Purchase Details

Closed on
Jul 6, 2021
Sold by
Henderson Glenn R
Bought by
Henderson Glenn R and Glenn R Henderson Trust

Purchase Details

Closed on
Jul 13, 2007
Sold by
Henderson Glenn R and Henderson Dorothy C
Bought by
Henderson Glenn R and Henderson Dorothy C
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
Sumey Brianna Mary-Lynn $496,000 Stewart Title
Henderson Glenn R -- None Available
Henderson Glenn R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumey Brianna Mary-Lynn $471,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $496,000 -6.2% $125 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $529,000 -- $133 / Sq Ft
Source: Rockbridge Highlands 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 $1,903 $311,900 $67,700 $244,200
2023 $1,903 $311,900 $67,700 $244,200
2022 $2,381 $321,700 $67,700 $254,000
2021 $2,381 $321,700 $67,700 $254,000
2020 $2,381 $321,700 $67,700 $254,000
2019 $2,348 $321,700 $67,700 $254,000
2018 $2,252 $321,700 $67,700 $254,000
2017 $2,252 $321,700 $67,700 $254,000
2016 $2,396 $326,000 $67,700 $258,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LESLIE GILES

    Lexington Real Estate Connection

    (540) 460-2201

    3 in this area

    84 Total Sales

    LESLIE GILES
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 137737

APN: 39-A-54

Virginia Rockbridge County Fairfield 24435

31 Greystone Ln, Fairfield, VA

This home is located at 31 Greystone Ln, Fairfield, VA 24435 since 25 May 2023 and is currently estimated at $518,465, approximately $130 per square foot. This property was built in 1830. 31 Greystone Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School and Rivermont School - Rockbridge.

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