NOT LISTED FOR SALE

355 Gibbs Rd Madison, VA 22727

Estimated Value: $474,000 - $613,342

3 Beds
2 Baths
2,393 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $495,000 $207 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,354/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Farm
  • Wood Flooring
  • 20.41 Acre Lot
  • Partially Wooded Lot
  • Garden

About This Home

As of December 2021

Beautiful 20.4 acre property with circa 1900 3 bedroom 2 bath farmhouse. Relax on the front porch or just enjoy the views. Home has a large eat-in kitchen with updated appliances, Dining Room, Family Room, Full Bath & Laundry on the main level. 3 large bedrooms & Full Bath on the upper level. Hardwood flooring throughout most of the home. Property has multiple outbuildings with gently rolling pasture fields, a creek, amazing pastoral views, & a long hard surfaced road frontage. Property has updated fencing and new automatic waterers installed in 2020.

Last Agent to Sell the Property

Aaron Manis

SLOAN MANIS REAL ESTATE License #225068967 Listed on: 11/09/2021

Co-Listed By

David Sloan

SLOAN MANIS REAL ESTATE License #0225055365

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1900

Lot Details

  • 20.41 Acre Lot
  • Partially Fenced Property
  • Open Lot
  • Gentle Sloping Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned A-1 Agricultural

Home Design

  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 2,393 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Farm
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 48-61

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2393
  • L V T Date: 11/09/2021
  • Parcel Number: 48-61
  • Price Per Sq Ft: 206.85
  • Property Included: Refrigerator, Stove, Dishwasher, Washer, Dryer
  • Total Sq Ft: 2393
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Family Roo1|Kitchen1|Dining Roo1|Master Bed2|Bedroom2|Bedroom2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room 1: Family Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Master Bedroom, On Level: 2
  • Room 5: Bedroom, On Level: 2
  • Room 6: Bedroom, On Level: 2
  • Total Finished Sq Ft: 2393
  • Above Grade Finished Sq Ft: 2393
  • Foundation: Stone
  • Land Description: Farm, Gently Rolling, Open, Partly Wooded
  • Level: 2 Story
  • Bathrooms: 2
  • Number Beds: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Family Room, Kitchen, Master Bedroom
  • Room Types Level1: Dining Room (L1), Family Room (L1), Kitchen (L1)
  • Room Types Level2: Bedroom (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 20.41
  • Roof: Metal - Galv Steel
  • Structure Deck Porch: Porch - Front
  • Structure Floors: Hardwood
  • Water Property: Stream / Creek

Utilities

  • Heating: Baseboard
  • Cable Available: DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Lot Info

  • Lot Features: Fenced Part, Garden Space, Horses
  • Deed Book: 39
  • Deed Book Page: 94

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2021
  • Taxes: 1169.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Yowell Carlton Mayo
Bought by
Sprouse Kyle F and Crickenberger Dakota S
Current Estimated Value
$619,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Outstanding Balance
$207,167
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$336,504

Purchase Details

Closed on
Feb 20, 2015
Sold by
Blankenbaker James S
Bought by
Yowell Carlton M
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
Sprouse Kyle F $245,000 Stewart Title
Yowell Carlton M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprouse Kyle F $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $495,000 0.0% $207 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $495,000 -- $207 / 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
2025 $1,738 $517,500 $266,100 $251,400
2024 $1,169 $281,800 $192,900 $88,900
2023 $1,169 $281,800 $192,900 $88,900
2022 $2,085 $281,800 $192,900 $88,900
2021 $1,169 $281,800 $192,900 $88,900
2020 $1,122 $281,800 $192,900 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 624035

Charlottesville area Association of Realtors®

APN: 48-61