NOT LISTED FOR SALE

38882 Mount Gilead Rd Leesburg, VA 20175

Estimated Value: $1,242,000 - $1,394,000

3 Beds
2 Baths
3,132 Sq Ft
$425/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $1,300,000 $415 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,864/month

22 Days on Market

Highlights

  • Pool and Spa
  • Second Garage
  • 7.32 Acre Lot
  • Kenneth W. Culbert Elementary School Rated A-
  • Scenic Views
  • Colonial Architecture

About This Home

As of April 2024

Price improvement Below recent appraisal! Nestled on a captivating 7+acre property, Chestnut Ridge offers unparalleled views of the mountains and valley. The oldest section of this remarkable home was crafted around 1850, and in 1984, a two-story log addition was seamlessly integrated, utilizing logs salvaged from a centuries-old barn in Cumberland County, Pennsylvania. Another addition included a family/sun room and breakfast room that affords panoramic vistas of the historic Shelburne Glebe area. The front entrance of the 1850 stone house is a stunning feature that showcases yellow pine floors with an intricate hand-painted faux marble design along with built-in cabinets. Continuing from the front entrance, there is the living room, which forms an integral part of the original home. This cozy space is characterized by its painted exposed beaded beam ceilings, pine flooring, and a fully functional wood burning stone fireplace. Additionally, there is a small foyer adjoining the living room, accessible from the side entrance, and an updated half-bath for added convenience.
With its exposed log walls, beaded beams, ceilings, pine floors, the formal dining and music room exudes a captivating charm. In close proximity to this room, there is a delightful office and reading nook, offering a picturesque view of the extensively landscaped front yard. Taking advantage of the stunning views, the sun room/family room is designed with two glass sides and French doors. Its walls and ceiling are finished with tongue and groove panels, a skylight and a freestanding Yodel porcelain wood stove. One of the highlights of the eat-in kitchen is the breakfast room, which has a wall of windows overlooking the stunning views. The room also includes built-in cabinets with a Corian top and tulip glass wall sconces. Updates to the kitchen include a porcelain double sink, glass cabinets, stainless steel appliances, Corian counter tops, a breakfast bar, exposed beams, pine floors, and two walk-in pantries. Accessing the second floor is possible through two sets of stairs. A private staircase connected to the formal dining room offers entry to the large primary bedroom, which showcases log walls, pine flooring, and a vaulted ceiling. Stained glass windows adorn this bedroom, with convenient access to an upper balcony and a recently updated bathroom featuring a claw foot tub. The original home's staircase leads to an upper landing, which serves as a pathway to two additional bedrooms with pine floors. The second bedroom includes a fireplace, while the full bathroom showcases a charming hand-painted tile mural dating back to 1984. The lower level of the house is finished and features a recreational room/exercise area. The walls are adorned with custom beaded wood paneling and exposed hand hewn log beam ceilings and original stone foundation, giving it a unique and rustic feel. Access to the backyard can be gained through either the recreational room or an extra storage workroom. The laundry area is conveniently located next to the recreational room/exercise area and even has a laundry chute that leads up to the primary bathroom. The over sized 2-car carriage house has an additional workroom/office and a two room - one bath guest quarters. There is also a detached one car garage/workshop/garden building. This extraordinary property is made even more remarkable by the addition of an in-ground pool and extensive landscaping.

Last Agent to Sell the Property

Mona Hope

(540) 338-4171 hamilton@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #0225082460 Listed on: 02/29/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Diana Geremia

(540) 338-1350 diana@dianageremia.com Long & Foster Real Estate, Inc. License #0225176917

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,997

Year Built

  • Built in 1850

Lot Details

  • 7.32 Acre Lot
  • East Facing Home
  • Stone Retaining Walls
  • Board Fence
  • Landscaped
  • Extensive Hardscape
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned AR1

Parking

  • 3 Car Detached Garage
  • 6 Driveway Spaces
  • Second Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods
  • Valley

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Metal Roof
  • Stone Siding
  • Log Siding
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Corner Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Attic Fan
  • Flood Lights
  • Laundry on main level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Improved Basement

  • Heated Basement
  • Connecting Stairway
  • Basement Windows

Pool

  • Pool and Spa
  • Concrete Pool
  • Gunite Pool

Outdoor Features

  • Multiple Balconies
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms
  • Private Sewer

Community Details

  • No Home Owners Association
  • Mount Gilead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 388353823000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,997

Year Built

Built in 1850

Lot Details

7.32 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-02-29
  • Federal Flood Zone: No
  • Year Built: 1850
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood
  • Fireplace Features: Corner, Free Standing, Stone, Other
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Stone, Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Breakfast Room, Bedroom 1, Office, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Heated, Improved, Connecting Stairway, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3132
  • Living Area Sq Ft: 3132
  • Price Per Sq Ft: 534.19
  • Above Grade Finished Sq Ft: 2527
  • Below Grade Finished Sq Ft: 605
  • Total Below Grade Sq Ft: 605
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Garage(s), Office/Studio
  • Construction Materials: Masonry, Log, Stone
  • Exterior Features: Extensive Hardscape, Flood Lights, Outbuilding(s), Stone Retaining Walls
  • Pool Features: Concrete, Gunite, Pool/Spa Combo
  • Roof: Metal
  • View: Scenic Vista, Valley, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry, Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Attic Fan, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Wood Burn Stove, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br, Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Board
  • Lot Features: Backs To Trees, Landscaping, Secluded, Sloping, Trees/Wooded
  • Lot Size Acres: 7.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 318859.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: AR1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7997.00
  • Assessor Parcel Number: 388353823000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 16, 2024
Sold by
Judith L Swezey Revocable Trust and Swezey Judith L
Bought by
Edmundson Richard G and Edmundson Barbara J
Seller's Agent
Mona Hope
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Diana Geremia
Long & Foster Real Estate, Inc.
List Price
$1,449,000
Sold Price
$1,300,000
Premium/Discount to List
-$149,000
-10.28%
Views
362
Current Estimated Value
$1,332,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,524
Avg. Annual Appreciation
1.29%
Original Mortgage
$834,000
Outstanding Balance
$818,616
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$513,908

Purchase Details

Closed on
Sep 30, 2004
Sold by
Reber Richard W
Bought by
Swezey Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Edmundson Richard G $1,300,000 Amtrust Title Insurance Compan
Swezey Judith L $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmundson Richard G $834,000
Previous Owner Swezey Judith L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $1,300,000 -3.7% $415 / Sq Ft
03/16/2024 03/16/24 Price Changed $1,349,900 0.0% $431 / Sq Ft
03/14/2024 03/14/24 Price Changed $1,349,900 -6.8% $431 / Sq Ft
02/29/2024 02/29/24 For Sale $1,449,000 -- $463 / Sq Ft
Source: Bright MLS

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 $8,926 $1,108,830 $325,740 $783,090
2024 $7,511 $868,330 $275,740 $592,590
2023 $7,997 $913,900 $235,740 $678,160
2022 $7,459 $838,080 $195,740 $642,340
2021 $6,803 $772,310 $263,900 $508,410
2020 $7,000 $754,470 $238,900 $515,570
2019 $6,826 $731,380 $228,900 $502,480
2018 $6,699 $695,550 $228,900 $466,650
2017 $6,614 $666,060 $228,900 $437,160
2016 $6,795 $593,440 $0 $0
2015 $7,233 $637,250 $150,740 $486,510
2014 $6,879 $595,610 $115,740 $479,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO2063336

Bright MLS

APN: 388-35-3823

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