NOT LISTED FOR SALE

400 Gateway Dr Winchester, VA 22603

Estimated Value: $16,547,013

34.53 Acres
$479,207 Price per Acre
1,504,127 Sq Ft Lot

Last Sold April 21, 2016

Last sale price $2,679,285

Est. 518% increase in value since last sale

Current estimated payment $97,414/month

About This Lot

As of April 2016

34 acres of land to be put into preservation easement by Buyer, SVBF, Non-profitSale included; Cash, Tax credits, Gifting. It was not an arms length transaction and should not be used to identify comp sales per acre selling price.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 04/21/2016

Last Buyer's Agent

Jim Guisewhite

(540) 325-0573 jim.guisewhite@svn.com Commercial Specialists License #0225181417

Commercial Specialists

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,382

Lot Details

  • 34.53 Acre Lot
  • Property is zoned B2

Schools

  • Redbud Run Elementary School
  • James Wood Middle School
  • Millbrook High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Stonewall Subdivision

Listing and Financial Details

  • Tax Lot 99F
  • Assessor Parcel Number 15339

Property Details

Property Type

Land

Est. Annual Taxes

$21,382

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Wholesale
  • New Construction: No
  • Remarks Public: 34 acres of land to be put into preservation easement by Buyer, SVBF, Non-profitSale included; Cash, Tax credits, Gifting. It was not an arms length transaction and should not be used to identify comp sales per acre selling price.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 1.78
  • Street Number Modifier: 400

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: REDBUD RUN
  • Middle School: JAMES WOOD
  • High School: MILLBROOK
  • School District Key: 121140907577
  • Elementary School: REDBUD RUN
  • High School: MILLBROOK
  • Middle Or Junior School: JAMES WOOD

Lot Info

  • Lot Size Acres: 34.53
  • Lot Size Area: 1504127
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1504127.00
  • Year Assessed: 2015
  • Zoning: B2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 21381.75
  • Assessor Parcel Number: 15339
  • Tax Lot: 99F
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/21/2016

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2008
Sold by
Monumental Life Insurance
Bought by
Lawyers Title Realty Svcs Inc
Current Estimated Value
$16,547,013

Purchase Details

Closed on
Mar 31, 2005
Sold by
Development Company Of Am
Bought by
Win L L C
Source: Public Records

Range of Values:

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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
Lawyers Title Realty Svcs Inc $29,200,000 --
Win L L C $9,802,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $2,679,285 0.0% --
04/21/2016 04/21/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $2,679,285 -- --
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 $112,079 $23,349,770 $4,506,800 $18,842,970
2024 $52,394 $20,546,500 $3,918,000 $16,628,500
2023 $104,787 $20,546,500 $3,918,000 $16,628,500
2022 $111,425 $18,266,400 $3,222,200 $15,044,200
2021 $111,425 $18,266,400 $3,222,200 $15,044,200
2020 $101,909 $16,706,400 $3,217,500 $13,488,900
2019 $101,909 $16,706,400 $3,217,500 $13,488,900
2018 $102,883 $16,866,000 $3,217,500 $13,648,500
2014 -- $15,910,200 $3,441,500 $12,468,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Guisewhite

    Buyer's Agent in 2016

    Jim Guisewhite

    Commercial Specialists

    (540) 325-0573

    15 in this area

    39 Total Sales

    Jim Guisewhite
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Map

Source: Bright MLS

MLS Number: 1001327609

Bright MLS

APN: 54A-99E

Virginia Frederick County Winchester 22603

400 Gateway Dr, Winchester, VA

This home is located at 400 Gateway Dr, Winchester, VA 22603 since 21 April 2016 and is currently estimated at $16,547,013. 400 Gateway Dr is a home located in Frederick County with nearby schools including Redbud Run Elementary School, James Wood Middle School, and Millbrook High School.

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