NOT LISTED FOR SALE

4010 W Hoover Rd Reva, VA 22735

5 Beds
1.5 Baths
3,592 Sq Ft
161.5 Acres

Last Sold May 12, 2021

Last sale price $1,325,000 $369 Per Sq Ft

18 Days on Market

Highlights

  • 161.5 Acre Lot
  • Forced Air Heating System
  • Historic Home
  • Farmhouse Style Home

About This Home

As of May 2021

162 mostly open acre farm located amongst other large farms in Madison County. The land is predominantly rolling pastures, all recently fenced,and cross fenced with high tensile, and currently used for cattle, and hay production. The 1830 house has a new metal roof, and gutters. The homeis solid, but in need of renovation. Great Blue Ridge mountain views, including views of Old Rag mountain. Located 15 minutes Northwest of thetown of Madison.

Last Listed By

Justin Wiley

Wiley Real Estate License #0225226888 Listed on: 03/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1830

Lot Details

  • 161.5 Acre Lot
  • Historic Home

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Madison Primary Elementary School
  • William H. Wetsel Middle School
  • Madison High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31-75, 31-73, 31-69

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1830
  • Property Attached Yn: No
  • Lot Size Acres: 161.5
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 300.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 800.0
  • Living Area: 3592.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Stone, Stucco
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Oil
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: William H. Wetsel

Lot Info

  • Parcel Number: 31-75, 31-73, 31-69
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2354.0

MLS Schools

  • Elementary School: Madison Primary
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 11, 2021
Sold by
Massie Land & Cattle Llc
Bought by
Wilkinson Joseph C and Wilkinson Jennifer S
Seller's Agent
Justin Wiley
Wiley Real Estate
Buyer's Agent
Justin Wiley
Wiley Real Estate
List Price
$1,390,000
Sold Price
$1,325,000
Premium/Discount to List
-$65,000
-4.68%
Total Days on Market
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$871,834
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Hebron Valley Farms Inc A Virginia Corpo
Bought by
Massie Land & Cattle Llc A Virginia Limi

Range of Values:

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Average Value
Not Available
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
Wilkinson Joseph C $1,325,000 Chicago Title
Massie Land & Cattle Llc A Virginia Limi $1,115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Joseph C $950,000
Previous Owner Hebron Valley Farms Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $1,325,000 -4.7% $369 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,390,000 -- $387 / Sq Ft
Source: Central Virginia Regional 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
2024 $2,453 $919,300 $740,200 $179,100
2023 $2,453 $919,300 $740,200 $179,100
2022 $2,453 $919,300 $740,200 $179,100
2021 $2,453 $919,300 $740,200 $179,100
2020 $2,354 $919,300 $740,200 $179,100
2019 $1,797 $919,300 $740,200 $179,100
2018 $1,797 $1,135,300 $1,011,400 $123,900
2017 -- $1,135,300 $1,011,400 $123,900
2016 -- $1,135,300 $1,011,400 $123,900
2015 -- $1,135,300 $1,011,400 $123,900
2014 -- $1,135,300 $1,011,400 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2105798

Central Virginia Regional MLS

APN: 31-75