NOT LISTED FOR SALE

353 Mimosa Ln Faber, VA 22938

Estimated Value: $1,252,000 - $1,379,935

6 Beds
8 Baths
6,976 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $655,000 $94 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,668/month

97 Days on Market

Highlights

  • Ski Accessible
  • 33.46 Acre Lot
  • Contemporary Architecture
  • In Ground Pool
  • Mountain View
  • Great Room with Fireplace

About This Home

As of October 2015

To Live in Nelson county with a panoramic view is like owning a piece of Heaven! This magnificent property of 33+ acres, privacy, pasture, and rolling wooded areas too. Perfect for a horse farm, vineyard, B&B, Healing center and more. The home has 6 bedrooms and 6 bathroom with a gourmet kitchen of Granite counters Viking stove and 2 sub zero refrigerators. An in ground pool, stables, writing studio,multiple decks and areas to build more cabins if wanted. Seller financing is available but this property is 200,000 below assessed value. Priced to sell!

Last Agent to Sell the Property

FRANCESCA SAN GIORGIO

Four Seasons Realty I, LLC License #0225060519 Listed on: 05/27/2015

Last Buyer's Agent

FRANCESCA SAN GIORGIO

Four Seasons Realty I, LLC License #0225060519 Listed on: 05/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 1982

Lot Details

  • 33.46 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 6,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Utility Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Location

  • Property is near a golf course

Schools

  • Rockfish Elementary School
  • Nelson Midl Middle School
  • Nelson County High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 33-7-14R

Community Details

Overview

  • Association fees include road maintenance

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,286

Year Built

Built in 1982

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • FILLACRES: 33.4600
  • AssocFeeOptional: None
  • Directions: from Lynchburg: Hwy 29 north to left onto Rt # 6 west, left at Adial rd #634, left at Rocky Rd # 613, right onto Roberts Mountain Rd, pass The Monroe Institute, then left at fork, left onto Mimosa to very end
  • ElementarySchool8: Rockfish Elem
  • HighSchool8: Nelson County High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1457518.00
  • MiddleSchool8: Nelson Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 33-7-14R
  • Year Built: 1982
  • Detached Garage: 2 Car
  • HalfBathBelowGrade: 1
  • Heating System: Forced Warm Air-Elec, Heat Pump, Three-Zone or more
  • Building Stories: Two
  • Dwelling Styles: Contemporary
  • Foyer Area: 110.000000
  • Laundryroom Dim: 19.000 x 10.000
  • Laundryroom Len: 19.000
  • Living Room Dim: 20.000 x 22.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 22.000
  • Masterbedroom Area: 231.000000
  • Master Bedroom Dim: 11.000 x 21.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 21.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 130.000000
  • Other Room1 Len: 13.000
  • Sun Room Len: 16.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 8.00
  • Bathrooms Display: 8 (6 2)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • Legal Description: tax map 33-7-14R,13R,15R,18R
  • Reciprocal Listing: No
  • Second Bedroom: 21x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 252.000000
  • Third Bedroom: 13x19 Level: Level 2 Above Grade
  • Third Bedroom Area: 247.000000
  • Fourth Bedroom: 14x16 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 224.000000
  • Fifth Bedroom: 13x13 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 169.000000
  • Sixth Bedroom: 14x19 Level: Level 2 Above Grade
  • Sixth Bedroom Area: 266.000000
  • Above Grade Finished Sq Ft: 4996.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Gas, Refrigerator, Self Cleaning Oven
  • Has Attic: None
  • Has Basement: Finished, Fireplace, Full, Heated, Walkout
  • Flooring: Tile, Wood
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces, Decorative/Non-Op, Great Room, Living Room, Wood Burning
  • Formal Dining: 31x12 Level: Level 1 Above Grade
  • Foyer: 10x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 5
  • Great Room: 50x22 Level: Below Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Skylights, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 19x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 19x10 Level: Below Grade
  • Living Room: 20x22 Level: Level 1 Above Grade
  • Master Bedroom: 11x21 Level: Level 1 Above Grade
  • Other Room 1: 13x10 Level:
  • Additional Room 1 Description: utility room
  • Sun Room: 16x12 Level: Level 1 Above Grade
  • GreatRoom Area: 1100.000000
  • Livinggreat Room Dim: 50.000 x 22.000
  • Kitchen Area: 190.000000
  • Laundry Room Area: 190.000000
  • LivingRoom Area: 440.000000
  • Est Other Room1 Dim: 13.000 x 10.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 192.000000
  • Sunroom Dim: 16.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Garden Space, Hot Tub, Landscaped, Screened Porch, Insulated Glass, Mountain Views, Golf Nearby, Ski Slope Nearby

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric, Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 1125.00

Schools

  • School District: Nelson
  • School District: Nelson

Lot Info

  • Lot Sq Ft: 6976.00

Tax Info

  • Estimated Taxes: 4286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Oct 1, 2015
Sold by
Colburn James A and Colburn Virginia C
Bought by
Callahan Vineyard Properties Llc
Seller's Agent
FRANCESCA SAN GIORGIO
Four Seasons Realty I, LLC
Buyer's Agent
FRANCESCA SAN GIORGIO
Four Seasons Realty I, LLC
List Price
$685,000
Sold Price
$655,000
Premium/Discount to List
-$30,000
-4.38%
Current Estimated Value
$1,315,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,968
Avg. Annual Appreciation
7.38%
Original Mortgage
$505,000
Outstanding Balance
$398,417
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$929,020
Source: Public Records

Range of Values:

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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
Callahan Vineyard Properties Llc $655,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Vineyard Properties Llc $505,000
Closed Callahan Vineyard Properties Llc $505,000
Previous Owner Colburn James A $90,000
Previous Owner Colburn James A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $655,000 -4.4% $94 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $685,000 -- $98 / Sq Ft
Source: Lynchburg 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
2025 $5,005 $994,900 $272,200 $722,700
2024 $5,005 $994,900 $272,200 $722,700
2023 $5,005 $994,900 $272,200 $722,700
2022 $5,005 $994,900 $272,200 $722,700
2021 $4,316 $824,400 $269,200 $555,200
2020 $4,316 $824,400 $269,200 $555,200
2019 $4,316 $824,400 $269,200 $555,200
2018 $4,316 $824,400 $269,200 $555,200
2017 $5,820 $808,300 $279,700 $528,600
2016 $5,820 $808,300 $279,700 $528,600
2015 $4,286 $808,300 $279,700 $528,600
2014 $4,286 $825,100 $296,500 $528,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 292195

APN: 33-7-14R