NOT LISTED FOR SALE

407 Lee Ave Elkton, VA 22827

Estimated Value: $392,000 - $468,000

5 Beds
3 Baths
3,024 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $374,000 $124 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,355/month

84 Days on Market

Highlights

  • 2 Car Detached Garage
  • High Speed Internet
  • Heat Pump System

About This Home

As of December 2022

BACK ON MARKET DUE TO NO FAULT OF SELLER OR THIS HOME! Beautifully renovated farmhouse located on a quiet street in the heart of Elkton! Less than 15 minutes from the entrance of Massanutten AND the entrance to Skyline Drive/the National Park. Convenient to Merck and MillerCoors. Updates were completed late 2021 and include new kitchen cabinets, stone counters, appliances, flooring, updated electric, updated plumbing, 2 new electric heat pumps and much much more! Two full kitchens, 5 large bedrooms, and three full bathrooms allow for ample space, as well as an option for an attached in-law suite or even a rental unit! There is even a second clothes washer/dryer hookup in the suite. Enjoy your morning coffee from the second floor deck that comes right out of the large master bedroom. The detached garage is approximately 24x32 and with entrances from the front and rear of the house it is large enough to hold two vehicles and then some. The backyard is hidden from the road and is quite spacious - the perfect spot for a pool or backyard hangout! This place is really something to see, call your Realtor today to take a tour! Square footage is from tax records.

Last Agent to Sell the Property

Gordon Cowan

Weichert Realtors Nancy Beahm Real Estate License #0225242767 Listed on: 07/14/2022

Weichert Realtors Nancy Beahm Real Estate

Last Buyer's Agent

Lesley Gleason

LPT REALTY LLC License #225246579

LPT REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1922

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R-3 General Residential

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Elkton Elementary And Middle School
  • East Rockingham High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 51165-131B2-(1)-B 32 L10

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1922

Lot Details

0.36 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3024
  • L V T Date: 07/14/2022
  • Parcel Number: 51165-131B2-(1)-B 32 L10
  • Price Per Sq Ft: 123.68
  • Property Included: All appliances convey.
  • Total Sq Ft: 3792
  • Total Unfinished Sq Ft: 768
  • Type of Construction: On Site Built
  • Zoning: R-3 General Residential
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 3024
  • Above Grade Finished Sq Ft: 3024
  • Foundation: Concrete Slab
  • Level: 2 Story
  • Bathrooms: 3
  • Number Beds: 5
  • Full Bathrooms: 3
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.36
  • Roof: Metal - Other

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 768
  • Garage Features: Detached, Electricity, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 768

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1922

Tax Info

  • Year: 2021
  • Taxes: 570

MLS Schools

  • HighSchool: East Rockingham
  • Middle School: Elkton
  • Elementary School: Elkton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Dec 12, 2022
Sold by
Azr Investment Group Llc
Bought by
Fike Matthew P and Fike Stacy P
Seller's Agent
Gordon Cowan
Weichert Realtors Nancy Beahm Real Estate
Buyer's Agent
Lesley Gleason
LPT REALTY LLC
List Price
$374,900
Sold Price
$374,000
Premium/Discount to List
-$900
-0.24%
Views
6
Current Estimated Value
$417,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,077
Avg. Annual Appreciation
3.41%
Original Mortgage
$303,200
Outstanding Balance
$292,814
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$124,263
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fike Matthew P $379,000 None Listed On Document
Fike Matthew P $379,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fike Matthew P $303,200
Closed Fike Matthew P $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $374,000 -0.2% $124 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $374,900 0.0% $124 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $374,900 -- $124 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

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 $1,937 $284,900 $25,000 $259,900
2024 $1,937 $284,900 $25,000 $259,900
2023 $1,937 $284,900 $25,000 $259,900
2022 $1,937 $284,900 $25,000 $259,900
2021 $570 $77,000 $25,000 $52,000
2020 $570 $77,000 $25,000 $52,000
2019 $570 $77,000 $25,000 $52,000
2018 $570 $77,000 $25,000 $52,000
2017 $559 $75,600 $25,000 $50,600
2016 $529 $75,600 $25,000 $50,600
2015 $507 $75,600 $25,000 $50,600
2014 $484 $75,600 $25,000 $50,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 632713

Harrisonburg-Rockingham Association of REALTORS®

APN: 131B2-1-B-32-L10

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