NOT LISTED FOR SALE

3978 Cold Springs Rd Unit 3.485 acres Raphine, VA 24472

Estimated Value: $196,000 - $271,000

2 Beds
1 Bath
1,936 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $157,200 $81 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,347/month

148 Days on Market

Highlights

  • Mud Room
  • Living Room
  • Family Room
  • Home Office
  • Laundry Room

About This Home

As of May 2023

This is an interesting home featuring over 1900 fin. sq. ft. of living space, sited on 3.48 acres. This property is ideal for those who want to add their "own stamp" and creativity. There are FIVE multi-purpose out buildings. Owners will appreciate the workshop space and a covered area for tinkering on cars. Grow your own vegetables in the large garden space. This home DOES NOT HAVE A CENTRAL HEAT SOURCE. THEREFORE, AN "IN-HOUSE" LOAN IS REQUIRED/or purchaser must install electric BB heat strips at buyers expense, or obtain a FHA appropriate loan. "SOLD AS IS, WHERE IS." No contracts contingent on home inspections. Front deck boards on both levels need to be replaced; do not go on either deck. Two home inspections found some boards/beams in need of replacement. Water test revealed leaks in water lines in home/assume the water lines in the home will need to be replaced. Vacant for two years. Medicaid/Department of Social Services involved due to owner being in a nursing home. Home cannot sell for less than the assessed value which is $157,200. Please do not submit any offers less than the list price. Contract must state 'SOLD AS IS, WHERE IS. NO WARRANTY OF ANY KIND IS IMPLIED OR EXPRESSED."

Last Listed By

WILSON FAUBER

REGAL REAL ESTATE LLC License #225036070 Listed on: 11/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1980

Lot Details

  • 3.48 Acre Lot
  • Property is zoned GA General Agricultural

Home Design

  • Pillar, Post or Pier Foundation
  • Poured Concrete

Interior Spaces

  • 1,936 Sq Ft Home
  • 1.5-Story Property
  • Mud Room
  • Family Room
  • Living Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Riverheads Elementary School
  • Beverley Manor Middle School
  • Riverheads High School

Utilities

  • Heating System Uses Propane
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 89-77b

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1936
  • L V T Date: 11/21/2022
  • Other Acreage: 1
  • Parcel Number: 89-77b
  • Price Per Sq Ft: 81.2
  • Property Excluded: Almost everything remaining at the property is included in the sale.
  • Total Sq Ft: 1936
  • Type of Construction: On Site Built
  • Wooded Acres: 2.48
  • Zoning: GA General Agricultural
  • Best Use: SMALL FARMETTE
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |Family Roo1|Kitchen1|Living Roo1|Home Offic1|Laundry1|Mud Room1|Master Bed2|Bedroom2|Full Bath2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room 1: Family Room,18'4x15'3,On Level: 1
  • Room 2: Kitchen,10'3x16',On Level: 1
  • Room 3: Living Room,18'x13'8,On Level: 1
  • Room 4: Home Office,11'5x10',On Level: 1
  • Room 5: Laundry,15'4x8',On Level: 1
  • Room 6: Mud Room,15'4x8',On Level: 1
  • Room 7: Master Bedroom,17'10x17'4,On Level: 2
  • Room 8: Bedroom,17'10x11'3,On Level: 2
  • Room 9: Full Bath,14'3x5'8",On Level: 2
  • Total Finished Sq Ft: 1936
  • Above Grade Finished Sq Ft: 1936
  • Foundation: Pier, Poured Concrete
  • Level: 1.5 Story
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Room Types: Bedroom, Family Room, Full Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room
  • Room Types Level1: Family Room (L1), Home Office (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Mud Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 3.48

Utilities

  • Heating: Propane
  • Sewer/Septic System: Installed Conventional
  • Water: Cistern

Schools

  • Elementary School: Riverheads
  • Middle School: Beverley Manor
  • High School: Riverheads

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2023
  • Taxes: 990

MLS Schools

  • HighSchool: Riverheads
  • Middle School: Beverley Manor
  • Elementary School: Riverheads

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Apr 25, 2023
Sold by
Hyre Irene P and Morgan Paige
Bought by
Perez Manuel
Seller's Agent
WILSON FAUBER
REGAL REAL ESTATE LLC
Buyer's Agent
Douglas Byler
Heritage Real Estate Co
List Price
$209,900
Sold Price
$157,200
Premium/Discount to List
-$52,700
-25.11%
Total Days on Market
148
Views
694
Current Estimated Value
$227,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,814
Avg. Annual Appreciation
14.81%

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
Perez Manuel $157,200 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $157,200 0.0% $81 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $157,200 -7.5% $81 / Sq Ft
03/12/2023 03/12/23 Price Changed $169,900 -10.5% $88 / Sq Ft
01/18/2023 01/18/23 Price Changed $189,900 -5.0% $98 / Sq Ft
12/28/2022 12/28/22 Price Changed $199,900 -4.8% $103 / Sq Ft
11/21/2022 11/21/22 For Sale $209,900 -- $108 / Sq Ft
Source: Charlottesville Area Association of REALTORS®

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
2024 $1,064 $204,600 $66,200 $138,400
2023 $990 $157,200 $54,900 $102,300
2022 $8 $157,200 $54,900 $102,300
2021 $6 $157,200 $54,900 $102,300
2020 $6 $157,200 $54,900 $102,300
2019 $8 $157,200 $54,900 $102,300
2018 $8 $145,417 $54,900 $90,517
2017 $8 $145,417 $54,900 $90,517
2016 $8 $145,417 $54,900 $90,517
2015 $86 $145,417 $54,900 $90,517
2014 $86 $145,417 $54,900 $90,517
2013 $86 $169,000 $72,400 $96,600
Source: Public Records

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Source: Charlottesville Area Association of REALTORS®

MLS Number: 636798

Charlottesville Area Association of REALTORS®

APN: 089 77B