NOT LISTED FOR SALE

39 Oak Park Rd Madison, VA 22727

Estimated Value: $198,000

2 Beds
1 Bath
1,008 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $30,000 $30 Per Sq Ft

Est. 560% increase in value since last sale

Current estimated payment $1,233/month

147 Days on Market

Highlights

  • Attic
  • Cottage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Shed

About This Home

As of October 2013

Looking for a fixer upper? This 2 bedroom, 1 bath home sits near the town of Madison and is ready for renovation! Sitting on one quarter of an acre with a spacious backyard and shed, there is a basement laundry room and floored attic space that could be useful.

Last Agent to Sell the Property

Kristen Thompson

(540) 272-9979 kristen_e_thompson@yahoo.com Tutor Realty Listed on: 05/07/2013

Last Buyer's Agent

Bonnie Coffey

(540) 270-5362 bonniecoffeyrealestate@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $677

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Property is in below average condition
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Rear Basement Entry
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 39-B-1- -7

Home Details

Home Type

Single Family

Est. Annual Taxes

$677

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 55.69
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 72800.00
  • Land Assessed Value: 55000.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10803
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10803.00
  • Property Condition: Below Average
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16274361
  • Tax Annual Amount: 677.34
  • Assessor Parcel Number: 39-B-1- -7
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Oct 25, 2013
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Smith Jerry N and Smith Linda A
Seller's Agent
Kristen Thompson
Tutor Realty
Buyer's Agent
Bonnie Coffey
Samson Properties
List Price
$77,000
Sold Price
$30,000
Premium/Discount to List
-$47,000
-61.04%
Current Estimated Value
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,000

Purchase Details

Closed on
Sep 26, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Sep 17, 2012
Sold by
Reonstrust Company Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Marr Matthew L
Bought by
Long Oliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Jerry N $3,000 Attorney
The Secretary Of Housing And Urban Devel $170,343 Attorney
Bank Of America Na $170,343 None Available
Long Oliver $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Oliver $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $30,000 -46.6% $30 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/29/2013 08/29/13 Price Changed $56,133 -10.0% $56 / Sq Ft
07/31/2013 07/31/13 Price Changed $62,370 -10.0% $62 / Sq Ft
06/22/2013 06/22/13 Price Changed $69,300 -10.0% $69 / Sq Ft
05/07/2013 05/07/13 For Sale $77,000 -- $76 / Sq Ft
Source: Bright MLS

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
2020 $728 $102,500 $47,000 $55,500
2019 $664 $102,500 $47,000 $55,500
2018 $664 $97,600 $39,300 $58,300
2017 -- $97,600 $39,300 $58,300
2016 -- $97,600 $39,300 $58,300
2015 -- $97,600 $39,300 $58,300
2014 -- $97,600 $39,300 $58,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kristen Thompson

    Tutor Realty

    Section Image
  • Bonnie Coffey

    Buyer's Agent in 2013

    Bonnie Coffey

    Samson Properties

    (540) 270-5362

    60 Total Sales

    Bonnie Coffey
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003499218

Bright MLS

APN: 39B-1-7

Virginia Madison County Madison 22727

39 Oak Park Rd, Madison, VA

Not Listed for Sale

Detached

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