NOT LISTED FOR SALE

421 Madison Rd Culpeper, VA 22701

Estimated Value: $1,968,037

24.87 Acres
$79,133 Price per Acre
1,083,337 Sq Ft Lot

Sale Details

Date Sold: June 12, 2015

Last sale price $1,100,000 $359 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $12,567 / mo

1315 Days on Market

About This Lot

As of June 2015

Fletcher's Glen is one of last Great Opportunities for an incredible subdivision in the Town of Culpeper! Over 31 acres on beautiful rolling land with some mountain views adjacent to the Culpeper Country Club and minutes to the local hospital, schools and shopping. Property has already been approved for both homes and townhomes. Please contact LA for additional information.

Last Agent to Sell the Property

Philip Thornton

(540) 825-1800 philip.thornton@lnf.com Long & Foster Real Estate, Inc. Listed on: 09/20/2011

Long & Foster Real Estate, Inc.

Co-Listed By

LINDA HUDSON THORNTON

(540) 825-1800 philip@thorntonrealtors.com RE/MAX Crossroads License #0225045463

Last Buyer's Agent

Tom Boyd

(540) 341-1000 tomboyd@remax.net RE/MAX Gateway License #0225064934

RE/MAX Gateway

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,580

Lot Details

  • 24.87 Acre Lot
  • No Building Permits
  • Property is zoned R1

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 40- - - -58

Property Details

Property Type

Land

Est. Annual Taxes

$3,580

Lot Details

24.87 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Land/Lot Only
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1.38

Utilities

  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Lot Info

  • Improvement Assessed Value: 115700.00
  • Land Assessed Value: 271000.00
  • Lot Size Acres: 24.87
  • Lot Size Area: 1083337
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1083337.00
  • Possible Use: Residential
  • Zoning: R1
  • In City Limits: Yes

Tax Info

  • Tax Annual Amount: 3579.6
  • Assessor Parcel Number: 40- - - -58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jun 16, 2015
Sold by
Davies John J
Bought by
Town Of Culpeper
Seller's Agent
Philip Thornton
Long & Foster Real Estate, Inc.
Buyer's Agent
Tom Boyd
RE/MAX Gateway
List Price
$1,595,000
Sold Price
$1,100,000
Premium/Discount to List
-$495,000
-31.03%
Current Estimated Value
$1,968,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,037

Purchase Details

Listed on
Sep 20, 2011
Closed on
Apr 30, 2015
Sold by
300N Llc
Bought by
Davies John J
Seller's Agent
Philip Thornton
Long & Foster Real Estate, Inc.
Buyer's Agent
Tom Boyd
RE/MAX Gateway
List Price
$1,595,000
Sold Price
$1,100,000
Premium/Discount to List
-$495,000
-31.03%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Mcintyre Stuart H
Bought by
Fletchers Glenn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,494,250
Interest Rate
6.48%
Mortgage Type
Construction
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Town Of Culpeper -- --
Davies John J $1,100,000 --
Fletchers Glenn Llc $4,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fletchers Glenn Llc $4,494,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $1,100,000 -31.0% $359 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
09/20/2011 09/20/11 For Sale $1,595,000 -- $521 / Sq Ft
Source: Bright MLS

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 -- $1,618,900 $1,318,500 $300,400
2024 -- $736,800 $473,100 $263,700
2023 $0 $736,800 $473,100 $263,700
2022 $3,915 $711,800 $448,100 $263,700
2021 $0 $711,800 $448,100 $263,700
2020 $3,592 $579,300 $315,600 $263,700
2019 $1,787 $579,300 $315,600 $263,700
2018 $0 $576,900 $315,600 $261,300
2017 -- $576,900 $315,600 $261,300
2016 $1,787 $315,900 $315,600 $300
2015 $404 $246,000 $244,500 $1,500
2014 -- $343,600 $233,200 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004594372

Bright MLS

APN: 40-58

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