NOT LISTED FOR SALE

39440 Mount Gilead Rd Leesburg, VA 20175

Estimated Value: $678,000 - $1,086,704

2 Beds
1 Bath
1,050 Sq Ft
$807/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $425,000 $405 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,863/month

Highlights

  • Horses Allowed On Property
  • Pond
  • No HOA
  • Loudoun County High School Rated A-
  • Wooded Lot
  • Cottage

About This Home

As of May 2017

Unique opportunity to own 17+ acres with existing cottage and 60 x 40 shop with a special exception in place for small contractor business. Lovely wooded parcel with a great building lot location that is surrounded by old hardwoods. Great country setting with modern conveniences, High speed internet on property. Small house on property already that is in need of TLC, value is in land and shop.

Last Agent to Sell the Property

Chance Harrison

(703) 980-5586 chance@greenlawnrealty.com Green Lawn Realty Listed on: 11/11/2015

Last Buyer's Agent

Jane Hensley

(571) 550-2728 123jhensley@gmail.com Washington Fine Properties, LLC

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 1941

Lot Details

  • 17.92 Acre Lot
  • Masonry wall
  • The property's topography is level, moderate slope
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Country Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Porch

Utilities

  • Cooling System Utilizes Bottled Gas
  • Window Unit Cooling System
  • Wall Furnace
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Machine Shed
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Mount Gilead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 387102263000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,177

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1941
  • Remarks Public: Unique opportunity to own 17+ acres with existing cottage and 60 x 40 shop with a special exception in place for small contractor business. Lovely wooded parcel with a great building lot location that is surrounded by old hardwoods. Great country setting with modern conveniences, High speed internet on property. Small house on property already that is in need of TLC, value is in land and shop.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 428.10
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39440

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, Below Grade
  • Other Structures List: Machine Shed
  • Construction Materials: Concrete
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Gravel Driveway, Asphalt Driveway, Asphalt Driveway
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Baseboard, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Fencing: Masonry/Stone
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 83680.00
  • Land Assessed Value: 284300.00
  • Lot Features: Pond, Trees/Wooded
  • Lot Size Acres: 17.92
  • Lot Size Area: 780595
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 780595.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Topography: Level, Moderate Slope
  • Year Assessed: 2015

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16521613
  • Tax Annual Amount: 4176.57
  • Assessor Parcel Number: 387102263000
  • Tax Total Finished Sq Ft: 1044
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/02/2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2015
Closed on
May 2, 2017
Sold by
Wedemeyer Brian E
Bought by
Kipp Michael Alan
Seller's Agent
Chance Harrison
Green Lawn Realty
Buyer's Agent
Jane Hensley
Washington Fine Properties, LLC
List Price
$449,500
Sold Price
$425,000
Premium/Discount to List
-$24,500
-5.45%
Current Estimated Value
$847,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,176
Avg. Annual Appreciation
8.46%
Original Mortgage
$340,000
Outstanding Balance
$284,289
Interest Rate
4.3%
Mortgage Type
Farmers Home Administration
Estimated Equity
$562,887

Purchase Details

Closed on
Aug 6, 2003
Sold by
Webb Clarence
Bought by
Wedemeyer Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,850
Interest Rate
5.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kipp Michael Alan $425,000 Metroplitan Title Llc
Wedemeyer Brian $363,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kipp Michael Alan $340,000
Previous Owner Wedemeyer Brian $344,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2017 05/02/17 Sold $425,000 -5.5% $405 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $449,500 0.0% $428 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $449,500 -- $428 / 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
2025 $5,031 $624,960 $582,900 $42,060
2024 $5,857 $677,150 $522,900 $154,250
2023 $5,380 $614,860 $468,000 $146,860
2022 $4,610 $517,960 $368,600 $149,360
2021 $4,732 $482,830 $358,600 $124,230
2020 $4,634 $447,760 $333,600 $114,160
2019 $4,414 $422,360 $323,600 $98,760
2018 $4,917 $453,150 $323,600 $129,550
2017 $5,448 $484,310 $324,300 $160,010
2016 $4,999 $436,590 $0 $0
2015 $4,177 $83,680 $0 $83,680
2014 $4,017 $89,280 $0 $89,280
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chance Harrison

    Green Lawn Realty

    (703) 980-5586

    18 Total Sales

    Chance Harrison
    Section Image
  • Jane Hensley

    Buyer's Agent in 2017

    Jane Hensley

    Washington Fine Properties

    (571) 550-2728

    6 Total Sales

    Jane Hensley
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000662623

Bright MLS

APN: 387-10-2263

Virginia Loudoun County Leesburg 20175

39440 Mount Gilead Rd, Leesburg, VA

This home is located at 39440 Mount Gilead Rd, Leesburg, VA 20175 since 11 November 2015 and is currently estimated at $847,176, approximately $806 per square foot. This property was built in 1941. 39440 Mount Gilead Rd is a home located in Loudoun County with nearby schools including Evergreen Mill Elementary School, J. Lupton Simpson Middle School, and Loudoun County High School.

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