4
Beds
2
Baths
3,193
Sq Ft
32.19
Acres
Highlights
- 32.19 Acre Lot
- Kitchen Island
- Wood Burning Fireplace
- Front Porch
- 3 Car Garage
About This Home
As of July 2025Palatine Hill located in Etlan, Virginia, is a 230-year-old farm on rolling hills, with the recently-updated farmhouse situated 800 feet high, and first purchased by a Revolution-era Colonel in 1795 for 60 Pounds Sterling. The farm faces Old Rag Mountain to the north. Settlers began to populate the land beginning in the 18th Century, through the Civil War, when Stonewall Jackson camped in nearby Madison, through the Roaring 1920's, until today. Local residents recall when the library was once a post office, and farmers worked the dairy farm on the land. The views of Old Rag through two large picture windows, of the farmhouse, is one-of-a-kind: the famous mountain large in the foreground, variously snow-capped in the winter and neon orange, in Blue Ridge autumn mornings. Sunrises to the east, are equally a spectacular orange, across a broad sky, in the summer, while sunsets to the west, toward nearby Graves Mountain, delight in their red and pink brilliance. Nights throughout the year reveal a brilliantly dark county sky, speckled with dazzling stars. There is no light pollution and plenty of quiet, allowing you to gaze in peaceful amazement at nature's splendor. This is a working hay farm.
Last Agent to Sell the Property
JEFFERSON LAND & REALTY License #0225019341 Listed on: 03/31/2025
Last Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,412
Year Built
- Built in 1895 | Remodeled
Lot Details
- 32.19 Acre Lot
- Zoning described as A-1 Agricultural
Parking
- 3 Car Garage
- Basement Garage
Home Design
- Block Foundation
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 3,193 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Outdoor Features
- Front Porch
Schools
- Waverly Elementary School
- William Wetsel Middle School
- Madison High School
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Private Water Source
- Well
Community Details
Listing and Financial Details
- Assessor Parcel Number 24d
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
Jul 1, 2025
Sold by
David Reed Freeman Jr Revocable Trust and Freeman David Reed
Bought by
Stevenson Hugh G and Ramos Elena Gasol
Seller's Agent
WILLIAM GENTRY
JEFFERSON LAND & REALTY
Buyer's Agent
Default Agent
Default Office
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Views
55
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.56%
Original Mortgage
$720,000
Outstanding Balance
$720,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$139,095
Purchase Details
Closed on
Aug 4, 2021
Sold by
Freeman David Reed and Freeman David Reed
Bought by
Freeman David Reed and David Reed Freeman Jr Revocable Trust
Purchase Details
Listed on
Mar 5, 2019
Closed on
May 29, 2020
Sold by
Henck Donald R
Bought by
Freeman David Redd
Seller's Agent
Cathy Marco
COWAN REALTY
Buyer's Agent
JOHN INCE
WILEY REAL ESTATE-CHARLOTTESVILLE
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$400,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2010
Sold by
Henck Donald R
Bought by
Henck Donald R and The Bill & Helen Harris Charitable Educa
Similar Home in Etlan, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $900,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $500,000 | Chicago Title | |
| Gift Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $900,000 | -2.7% | $282 / Sq Ft |
| 05/31/2025 05/31/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $925,000 | 0.0% | $290 / Sq Ft |
| 04/09/2025 04/09/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $925,000 | +85.0% | $290 / Sq Ft |
| 06/01/2020 06/01/20 | Sold | $500,000 | -4.8% | $157 / Sq Ft |
| 04/23/2020 04/23/20 | Pending | -- | -- | -- |
| 03/05/2019 03/05/19 | For Sale | $525,000 | -- | $164 / 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 |
|---|---|---|---|---|
| 2024 | $2,412 | $524,900 | $315,400 | $209,500 |
| 2023 | $2,412 | $524,900 | $315,400 | $209,500 |
| 2022 | $2,412 | $524,900 | $315,400 | $209,500 |
| 2021 | $2,412 | $524,900 | $315,400 | $209,500 |
| 2020 | $3,727 | $524,900 | $315,400 | $209,500 |
| 2019 | $3,046 | $524,900 | $315,400 | $209,500 |
| 2018 | $3,046 | $447,900 | $286,600 | $161,300 |
| 2017 | -- | $447,900 | $286,600 | $161,300 |
| 2016 | -- | $447,900 | $286,600 | $161,300 |
| 2015 | -- | $447,900 | $286,600 | $161,300 |
| 2014 | -- | $447,900 | $286,600 | $161,300 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2025
WILLIAM GENTRY
JEFFERSON LAND & REALTY
-
D
Buyer's Agent in 2025
Default Agent
Default Office
-
C
Seller's Agent in 2020
Cathy Marco
COWAN REALTY
-
J
Buyer's Agent in 2020
JOHN INCE
WILEY REAL ESTATE-CHARLOTTESVILLE
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 662554
APN: 15-24D
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