NOT LISTED FOR SALE

40174 Main St Waterford, VA 20197

Estimated Value: $1,500,000 - $1,825,000

4 Beds
2.5 Baths
3,618 Sq Ft
$478/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $1,410,000 $390 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,272/month

Highlights

  • Gourmet Country Kitchen
  • Heated Floors
  • Garden View
  • Waterford Elementary School Rated A-
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of January 2021

Looking for back up offers - Please come see this amazing property - the perfect getaway! The Pink House is a Waterford landmark that has been completely transformed into an architectural masterpiece inspired by the grand country homes of Europe. Having variously served as a tavern, apothecary, and bed and breakfast, it has been totally reimagined with every surface and detail artfully recast for modern luxury and comfort. From hand-colored Venetian plaster to closet doors from Provence, inlaid mosaics from Montepulciano to French mahogany window casings, the Pink House is both a work of fine craftsmanship and a collection of deftly placed materials and imports. With an emphasis befitting the gourmand lifestyle, the kitchen comprises an entire new wing with cathedral ceilings, commercial appliances and 400 year old terra cotta brick floors. The sink is hammered copper and a second is hewn from a limestone block fit with its own custom cart. Continuing through french doors to a patio with outdoor fireplace, the fresh character of the house comes in part from this easy inside-outside flow. A stone staircase connects the patio to a broad limestone terrace that opens from the second level and there are many more quiet spots for conversation and space for significant gatherings.The master suite provides another level of outdoor space with a private balcony from which to gaze on the rooftops of Waterford. Its spacious rooms open from the bath through the bedroom to the sunroom addition with its mahogany french doors leading out to the garden, giving the whole level a bright and airy impression. The lot has been elegantly redefined as a lush, tiered garden with profuse plantings balanced by formal Italianate geometry. Stone steps cut a path up one side to a hilltop arbor encircled by white wisteria and bridal wreath and three flights of imported Italian limestone staircases descend back to the terrace. A site on which a garage with apartment above is permitted. Suited as a private residence of distinction, the house could easily resume its previous post as a bed and breakfast or short term stay venue. Both the second and third levels feature bed and bath suites, a sitting room and private entrance. Whatever its calling, the destiny of the Pink House is surely to be admired today and to be a muse for visionaries for another 200 years.

Last Agent to Sell the Property

Christy Hertel

(703) 624-6283 christy.hertel@huntcountrysir.com Hunt Country Sotheby's International Realty Listed on: 04/26/2019

Hunt Country Sotheby's International Realty

Last Buyer's Agent

Mark Rutstein

(202) 498-1198 Mark@DCRealEstate.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,691

Year Built

  • Built in 1795 | Remodeled in 2009

Lot Details

  • 0.41 Acre Lot
  • Stone Retaining Walls
  • Property is in very good condition
  • Property is zoned CR2, residential/commercial

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Metal Roof

Interior Spaces

  • 3,618 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • High Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • French Doors
  • Combination Kitchen and Dining Room
  • Garden Views
  • Gourmet Country Kitchen
  • Laundry on upper level

Flooring

  • Wood
  • Heated Floors
  • Stone

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Schools

  • Waterford Elementary School
  • Harmony Middle School
  • Woodgrove High School

Utilities

  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 303268735000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,691

Year Built

Built in 1795 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See documents for items that do not convey, No window treatments or rods convey, mosaic in kitchen is not attached and does not convey
  • Home Warranty: No
  • Inclusions: Income producing property zones commercial for BnB.Separate lot approved for garage with apartment above.
  • New Construction: No
  • Story List: Main
  • Year Built: 1795
  • Year Renovated: 2009
  • Automatically Close On Close Date: Yes
  • Remarks Public: Looking for back up offers - Please come see this amazing property - the perfect getaway! The Pink House is a Waterford landmark that has been completely transformed into an architectural masterpiece inspired by the grand country homes of Europe. Having variously served as a tavern, apothecary, and bed and breakfast, it has been totally reimagined with every surface and detail artfully recast for modern luxury and comfort. From hand-colored Venetian plaster to closet doors from Provence, inlaid mosaics from Montepulciano to French mahogany window casings, the Pink House is both a work of fine craftsmanship and a collection of deftly placed materials and imports. With an emphasis befitting the gourmand lifestyle, the kitchen comprises an entire new wing with cathedral ceilings, commercial appliances and 400 year old terra cotta brick floors. The sink is hammered copper and a second is hewn from a limestone block fit with its own custom cart. Continuing through french doors to a patio with outdoor fireplace, the fresh character of the house comes in part from this easy inside-outside flow. A stone staircase connects the patio to a broad limestone terrace that opens from the second level and there are many more quiet spots for conversation and space for significant gatherings.The master suite provides another level of outdoor space with a private balcony from which to gaze on the rooftops of Waterford. Its spacious rooms open from the bath through the bedroom to the sunroom addition with its mahogany french doors leading out to the garden, giving the whole level a bright and airy impression. The lot has been elegantly redefined as a lush, tiered garden with profuse plantings balanced by formal Italianate geometry. Stone steps cut a path up one side to a hilltop arbor encircled by white wisteria and bridal wreath and three flights of imported Italian limestone staircases descend back to the terrace. A site on which a garage with apartment above is permitted. Suited as a private residence of distinction, the house could easily resume its previous post as a bed and breakfast or short term stay venue. Both the second and third levels feature bed and bath suites, a sitting room and private entrance. Whatever its calling, the destiny of the Pink House is surely to be admired today and to be a muse for visionaries for another 200 years.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Heated, Stone, Wood
  • Interior Amenities: Combination Kitchen/Dining, Exposed Beams, Kitchen - Country, Kitchen - Gourmet
  • Window Features: Wood Frame
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Plaster Walls, High
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3618
  • Living Area Sq Ft: 3618
  • Price Per Sq Ft: 414.32
  • Above Grade Finished Sq Ft: 3618
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40174

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Stone Retaining Walls
  • Roof: Metal
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • Elementary School: WATERFORD
  • Middle School: HARMONY
  • High School: WOODGROVE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: Listing Agent
  • Elementary School: WATERFORD
  • High School: WOODGROVE
  • Middle Or Junior School: HARMONY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 649140.00
  • Land Assessed Value: 190600.00
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17860.00
  • Outdoor Living Structures: Balcony, Patio(s), Terrace
  • Property Condition: Good, Very Good
  • Year Assessed: 2020
  • Zoning: CR2
  • Zoning Description: residential/commercial
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16536164
  • Tax Annual Amount: 8691.00
  • Assessor Parcel Number: 303268735000
  • Tax Total Finished Sq Ft: 3618
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/05/2021

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jan 5, 2021
Sold by
Middleton David B and Middleton Susan K
Bought by
Darrah Jeffrey Scott and Johnson Isaac Leaphmon
Seller's Agent
Christy Hertel
Hunt Country Sotheby's International Realty
Buyer's Agent
Mark Rutstein
Compass
List Price
$1,699,000
Sold Price
$1,410,000
Premium/Discount to List
-$289,000
-17.01%
Current Estimated Value
$1,730,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,518
Avg. Annual Appreciation
5.49%
Original Mortgage
$822,374
Outstanding Balance
$735,523
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,077,006

Purchase Details

Closed on
Dec 3, 2015
Sold by
Middleton Waterford Llc A Virginia Limit
Bought by
Middleton David B and Middleton Susan K

Purchase Details

Closed on
Feb 1, 2005
Sold by
Anderson Charles G
Bought by
Middleton Waterford L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.77%
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
Darrah Jeffrey Scott $1,410,000 District Title & Escrow Llc
Middleton David B -- None Available
Middleton Waterford L L C $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darrah Jeffrey Scott $822,374
Closed Darrah Jeffrey Scott $56,775
Previous Owner Middleton David B $149,800
Previous Owner Middleton Waterford Llc $200,000
Previous Owner Middleton Waterford L L C $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $1,410,000 -5.9% $390 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $1,499,000 -11.8% $414 / Sq Ft
04/26/2019 04/26/19 For Sale $1,699,000 -- $470 / 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 $12,626 $1,568,430 $286,600 $1,281,830
2024 $13,355 $1,543,930 $285,100 $1,258,830
2023 $13,636 $1,558,350 $260,200 $1,298,150
2022 $12,361 $1,388,930 $250,600 $1,138,330
2021 $8,057 $822,150 $190,600 $631,550
2020 $8,691 $839,740 $190,600 $649,140
2019 $7,853 $751,480 $190,600 $560,880
2018 $7,558 $696,560 $190,600 $505,960
2017 $7,953 $706,940 $190,600 $516,340
2016 $8,593 $750,450 $0 $0
2015 $7,941 $509,090 $0 $509,090
2014 $7,040 $420,490 $0 $420,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VALO380976

Bright MLS

APN: 303-26-8735