NOT LISTED FOR SALE

3167 Shepherd Grade Rd Shepherdstown, WV 25443

Estimated Value: $622,000 - $951,000

6 Beds
3 Baths
4,713 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $603,500 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,448/month

49 Days on Market

Highlights

  • Barn or Farm Building
  • In Ground Pool
  • 90 Acre Lot
  • Horses Allowed On Property
  • Scenic Views
  • Colonial Architecture

About This Home

As of October 2019

LOST DRAKE FARM: 90+ ACRES OF LAND WITH ENTRANCES TO BOTH SIDES OF THE SHEPHERD GRADE RD LOOP. This is one of the most desirable residential areas in the Eastern Panhandle. Circa 1790's STONE HOME WITH LATER BRICK AND FRAME EXTENSIONS. IN GROUND POOL, BIG WORKING STORAGE BARN, SMOKE HOUSE AND 3 or 4 other agricultural outbuildings. Driveway is across from the US Conservation Training Center land. Great location, great privacy and beautiful pastoral views. Neighboring farmer currently using most fields and big barn. 6 BR 3 Full Baths multiple fireplaces. Exteriors in good condition, interior, except kitchen and 2 baths need some work. House is a designated Jefferson County Historic Landmark. Land consists of 3 parcels. Buyer could sell off 10 acre parcel or 35 acre parcel. Pipestem access from back loop of Shepherd Grade Road. This is a rare opportunity to acquire substantial acreage near Shepherdstown, Shepherd University and the Potomac River.

Last Agent to Sell the Property

Carolyn Snyder

(304) 283-1537 cmspb1@aol.com Snyder Bailey & Associates License #WV0001251 Listed on: 07/09/2019

Last Buyer's Agent

Ken Lowe

(304) 279-7000 ken@lrgwv.com Lowe Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1860 | Remodeled in 1950

Lot Details

  • 90 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Wood Fence
  • Planted Vegetation
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • 3 parcels total 90 acres. Back parcel has pipe stem 50' R/O/W to other end of Shepherd Grade Neck Rd near Scrabble Rd.
  • Historic Home
  • Property is in below average condition
  • Property is zoned RA

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Pasture
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Wood Walls
  • Architectural Shingle Roof
  • Metal Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • 3 Fireplaces
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • In Ground Pool
  • Shed
  • Storage Shed
  • Utility Building
  • Outbuilding

Farming

  • Barn or Farm Building
  • Spring House

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Above Ground Utilities
  • 220 Volts
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Terrapin Neck Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 1860 | Remodeled in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Farm equipment
  • Historic: Yes
  • New Construction: No
  • Story List: Main
  • Year Built: 1860
  • Year Renovated: 1950
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Icemaker, Oven/Range - Electric
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls, Dry Wall, Wood Walls
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4913
  • Living Area Sq Ft: 4713
  • Price Per Sq Ft: 169.74
  • Above Grade Finished Sq Ft: 4713
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn, Barn/Farm Building, Shed, Spring House, Storage Barn/Shed, Utility Building
  • Construction Materials: Stone, Brick, Log
  • Exterior Features: Outbuilding(s)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Architectural Shingle, Metal
  • View: Scenic Vista, Pasture, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 220 Volts
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Utilities: Above Ground, Phone Connected, Water Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: Yes
  • Additional Parcels Description: 3 parcels total 90 acres. Back parcel has pipe stem 50' R/O/W to other end of Shepherd Grade Neck Rd near Scrabble Rd.
  • Fencing: Partially, Wood
  • Horse Amenities: Horses Allowed
  • Lot Features: Cleared, Irregular, Sloping, Level, Private, Secluded, Vegetation Planting
  • Lot Size Acres: 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3920400.00
  • Property Condition: Below Average
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2466.30
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2018

MLS Schools

  • School District Name: JEFFERSON COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Oct 4, 2019
Sold by
Wilkins Demaris F
Bought by
Louderback Thomas W
Seller's Agent
Carolyn Snyder
Snyder Bailey & Associates
Buyer's Agent
Ken Lowe
Lowe Real Estate Group
List Price
$800,000
Sold Price
$603,500
Premium/Discount to List
-$196,500
-24.56%
Current Estimated Value
$774,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,735
Avg. Annual Appreciation
4.13%
Original Mortgage
$465,499
Outstanding Balance
$408,775
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$365,460
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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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
Louderback Thomas W $603,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louderback Thomas W $465,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $603,500 -24.6% $128 / Sq Ft
07/09/2019 07/09/19 For Sale $800,000 -- $170 / 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 $4,450 $383,000 $69,400 $313,600
2024 $4,177 $356,800 $69,400 $287,400
2023 $3,412 $292,100 $69,400 $222,700
2022 $3,067 $257,400 $63,100 $194,300
2021 $2,616 $215,400 $63,100 $152,300
2020 $4,058 $376,600 $224,900 $151,700
2019 $2,141 $204,600 $52,900 $151,700
2018 $2,126 $201,000 $52,900 $148,100
2017 $2,126 $201,000 $52,900 $148,100
2016 $2,082 $197,700 $52,100 $145,600
2015 $2,022 $191,700 $55,100 $136,600
2014 $2,127 $200,900 $62,600 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WVJF135756

Bright MLS

APN: 09-2-00100000