37 Madison Rd Stanardsville, VA 22973
4
Beds
2
Baths
2,639
Sq Ft
0.51
Acres
Highlights
- Main Floor Primary Bedroom
- Living Room
- Dining Room
- Home Office
- Laundry Room
- High Speed Internet
About This Home
As of December 2024Charming 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
BETTER HOMES & GARDENS R.E.-PATHWAYS License #0225251893 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,950
Year Built
- Built in 1910
Lot Details
- 0.51 Acre 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,911
Avg. Annual Appreciation
1.77%
Original Mortgage
$231,700
Outstanding Balance
$230,709
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$104,209
Similar Homes in Stanardsville, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $331,000 | Fidelity National Title | |
| Deed | $331,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,700 | New Conventional | |
| Closed | $231,700 | New Conventional | |
| Previous Owner | $368,000 | New Conventional | |
| Previous Owner | $92,000 | Stand Alone Second | |
| Previous Owner | $15,685 | Unknown | |
| Previous Owner | $413,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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
-
Steve Ripley
Seller's Agent in 2024
Steve Ripley
BETTER HOMES & GARDENS R.E.-PATHWAYS
(434) 996-9536
33 Total Sales
-
Unrepresented Buyer
U
Buyer's Agent in 2024
Unrepresented Buyer
UnrepresentedBuyer
(434) 260-1045
1,193 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 658796
APN: 37A-A-61
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