NOT LISTED FOR SALE

37 Madison Rd Stanardsville, VA 22973

Estimated Value: $344,979 - $375,000

4 Beds
2 Baths
2,639 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 31, 2024

Last sale price $331,000 $125 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,096/month

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room
  • High Speed Internet

About This Home

As of December 2024

Charming Historic Home with Residential/Commercial Zoning in the town of Stanardsville! This beautifully preserved historic gem offers a unique opportunity for both residential and commercial use in the heart of Stanardsville. Ideally situated just minutes from the breathtaking Shenandoah National Park and the scenic Skyline Drive, this property is also a quick drive to Charlottesville and Harrisonburg. With its prime location, this home has fantastic potential as an Airbnb or short-term rental, offering travelers a cozy, authentic stay close to outdoor adventures and local attractions. Recent upgrades include a new roof and some fresh interior painting, ensuring a blend of historic charm with modern convenience. Whether you’re looking for a unique home, a business opportunity, or an investment property with high rental potential, this property is a rare find in an unbeatable location!

Last Agent to Sell the Property

Steve Ripley

BETTER HOMES & GARDENS R.E.-PATHWAYS License #0225251893 Listed on: 11/15/2024

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1910

Lot Details

  • 22,216 Sq Ft Lot
  • Property is zoned R-1 Residential

Home Design

  • Stone Foundation

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Schools

  • Nathanael Greene Elementary School
  • William Monroe Middle School
  • William Monroe High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 37A A 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1910

Lot Details

0.51 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2639
  • L V T Date: 11/15/2024
  • Parcel Number: 37A A 61
  • Price Per Sq Ft: 125.43
  • Total Sq Ft: 2639
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |Dining Roo1|Kitchen1|Laundry1|Pri Bed1|Pri Bath1|Living Roo1|Home Offic1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room 1: Dining Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Laundry,On Level: 1
  • Room 4: Primary Bedroom,On Level: 1
  • Room 5: Primary Bath,On Level: 1
  • Room 6: Living Room,On Level: 1
  • Room 7: Home Office,On Level: 1
  • Room 8: Bedroom,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Full Bath,On Level: 2
  • Total Finished Sq Ft: 2639
  • Above Grade Finished Sq Ft: 2639
  • Foundation: Stone
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Full Bath, Home Office, Kitchen, Laundry, Living Room
  • Room Types Level1: Dining Room (L1), Home Office (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.51

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Wall
  • Cable Available: Cable, Dish/Satellite, DSL, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2024
  • Taxes: 1950.38

MLS Schools

  • HighSchool: William Monroe
  • Middle School: William Monroe
  • Elementary School: Nathanael Greene

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 30, 2024
Sold by
Clem Linda S
Bought by
Iadonisi Corinne C and Iadonisi Jon A
Seller's Agent
Steve Ripley
BETTER HOMES & GARDENS R.E.-PATHWAYS
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$375,000
Sold Price
$331,000
Premium/Discount to List
-$44,000
-11.73%
Views
37
Current Estimated Value
$361,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,245
Avg. Annual Appreciation
7.49%
Original Mortgage
$231,700
Outstanding Balance
$230,100
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$131,145
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
Iadonisi Corinne C $331,000 Fidelity National Title
Iadonisi Corinne C $331,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iadonisi Corinne C $231,700
Closed Iadonisi Corinne C $231,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $331,000 -11.7% $125 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $375,000 -- $142 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $1,986 $287,800 $39,100 $248,700
2024 $1,950 $274,700 $39,100 $235,600
2023 $2,005 $274,700 $39,100 $235,600
2022 $1,799 $219,400 $39,100 $180,300
2021 $1,799 $219,400 $39,100 $180,300
2020 $1,644 $200,500 $39,100 $161,400
2019 $1,644 $200,500 $39,100 $161,400
2018 $1,519 $196,000 $39,100 $156,900
2017 $1,519 $196,000 $39,100 $156,900
2016 $1,353 $174,600 $39,100 $135,500
2015 $1,310 $174,600 $39,100 $135,500
2014 $1,257 $174,600 $39,100 $135,500
2013 -- $174,600 $39,100 $135,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 658796

Charlottesville area Association of Realtors®

APN: 37A-A-61

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