NOT LISTED FOR SALE

431 E Laurel Dr Madison, VA 22727

Estimated Value: $155,000 - $253,260

1 Bed
1 Bath
560 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $121,900 $218 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,259/month

141 Days on Market

Highlights

  • Lake Privileges
  • Deck
  • Wooded Lot
  • Mountain View
  • Mountainous Lot
  • Efficiency Studio

About This Home

As of August 2018

Charming Cabin tucked in the woods of Madison County!Seller will offer as is,with furnishings. Wknd cabin retreat currently bringing in between $800-1000 per month all year long! On almost 4 acres, this property offers a deck and all the privacy you can ask for! Siding and roof are apx 12 years old,hw heater,well pump, new. Community offers a beautiful Pond! Winter mtn views! Perfect mini house!

Last Agent to Sell the Property

Dana Williams

EXP Realty, LLC License #0225201273 Listed on: 02/19/2018

EXP Realty, LLC

Last Buyer's Agent

Sharon Cave

CENTURY 21 New Millennium License #0225099654

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1972

Lot Details

  • 3.9 Acre Lot
  • Mountainous Lot
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned C1

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Wood Foundation
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • Property has 1 Level
  • Flue
  • Window Treatments
  • Living Room
  • Efficiency Studio
  • Mountain Views

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

  • Cooling System Utilizes Bottled Gas
  • Window Unit Cooling System
  • Floor Furnace
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Laurel Mountain HOA
  • Laurel Mountain Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 23
  • Assessor Parcel Number 45-A-1- -23

Home Details

Home Type

Single Family

Est. Annual Taxes

$711

Year Built

Built in 1972

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1972
  • Remarks Public: Charming Cabin tucked in the woods of Madison County!Seller will offer as is,with furnishings. Wknd cabin retreat currently bringing in between $800-1000 per month all year long! On almost 4 acres, this property offers a deck and all the privacy you can ask for! Siding and roof are apx 12 years old,hw heater,well pump, new. Community offers a beautiful Pond! Winter mtn views! Perfect mini house!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Cooktop, Refrigerator, Range Hood
  • Interior Amenities: Kitchen - Table Space, Kitchenette, Kitchen - Eat-In, Window Treatments, Efficiency
  • Fireplace Features: Flue For Stove
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Pillar/Post/Pier, Wood
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 560
  • Living Area Sq Ft: 560
  • Price Per Sq Ft: 214.11
  • Above Grade Finished Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Metal
  • View: Mountain
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Floor Furnace
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Water/Lake Privileges
  • HOA Name: LAUREL MOUNTAIN
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MADISON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138932292

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 29400.00
  • Land Assessed Value: 75100.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 3.90
  • Lot Size Area: 169884
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 169884.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: C1

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 16273501
  • Tax Annual Amount: 710.60
  • Assessor Parcel Number: 45-A-1- -23
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 560
  • Tax Year: 2015
  • Close Date: 08/14/2018

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Aug 9, 2018
Sold by
Thomas Leri Melissa
Bought by
Staats Samantha C
Seller's Agent
Dana Williams
EXP Realty, LLC
Buyer's Agent
Sharon Cave
CENTURY 21 New Millennium
List Price
$119,900
Sold Price
$121,900
Premium/Discount to List
$2,000
1.67%
Current Estimated Value
$215,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,165
Avg. Annual Appreciation
7.16%
Original Mortgage
$6,095
Outstanding Balance
$5,348
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$193,498
Source: Public Records

Range of Values:

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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
Staats Samantha C $122,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staats Samantha C $6,095
Open Staats Samantha C $119,691
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $121,900 +1.7% $218 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $119,900 -- $214 / 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
2024 $810 $109,400 $67,300 $42,100
2023 $810 $109,400 $67,300 $42,100
2022 $810 $109,400 $67,300 $42,100
2021 $810 $109,400 $67,300 $42,100
2020 $777 $109,400 $67,300 $42,100
2019 $711 $109,400 $67,300 $42,100
2018 $711 $104,500 $75,100 $29,400
2017 $711 $104,500 $75,100 $29,400
2016 -- $104,500 $75,100 $29,400
2015 -- $104,500 $75,100 $29,400
2014 -- $104,500 $75,100 $29,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000169104

Bright MLS

APN: 45A-1-23