NOT LISTED FOR SALE

431 Graves Mill Rd Madison, VA 22727

Estimated Value: $156,000 - $225,000

2 Beds
1.5 Baths
882 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $150,000 $170 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,142/month

5 Days on Market

Highlights

  • Concrete Block With Brick
  • Bathroom on Main Level
  • Satellite Dish
  • Living Room
  • 1-Story Property

About This Home

As of July 2023

Country cottage nestled inside the beautiful rolling hills of Wolftown in Madison County. Properties includes 2.2 total acres with gorgeous oak trees shading the property and mountain views in the winter. Home has a huge master bedroom with attached bath and large walk in closet. Beautiful wood floors throughout with vinyl in the kitchen. Large back deck to enjoy peaceful surroundings. Neighboring property also for sale which includes a 1056 sq ft home and additional 7.4 acres. Located within minutes of the Rapidan River, Graves Mill Trail and Staunton River Hiking Trail which allows access to the Shenandoah National Park. Madison County offers country living at its finest, featuring wineries, breweries, antique shopping, fine dining, farmers market and many local activities. Convenient to Charlottesville, Greene, Orange & Culpeper. Quick 20 min drive to the entrance of Shenandoah National Park in Greene County. This property has tons of potential, with your creativity this cozy home can shine again.

Last Agent to Sell the Property

Stephen Tatum

HARDESTY HOMES LLC License #0225235036 Listed on: 01/26/2023

Last Buyer's Agent

Josh White

STORY HOUSE REAL ESTATE License #0225221067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1950

Lot Details

  • 2.2 Acre Lot
  • Property is zoned R-1 Residential

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • Primary bathroom on main floor

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank
  • Satellite Dish

Community Details

  • Graves Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 882
  • L V T Date: 01/26/2023
  • Parcel Number: 46-15
  • Price Per Sq Ft: 170.07
  • Total Sq Ft: 882
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: GRAVES MILL
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Bedroom1|Master Bed1|Half Bath1|Full Bath1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room 1: Living Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Bedroom,On Level: 1
  • Room 4: Master Bedroom,On Level: 1
  • Room 5: Half Bath,On Level: 1
  • Room 6: Full Bath,On Level: 1
  • Total Finished Sq Ft: 882
  • Above Grade Finished Sq Ft: 882
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Half Bath, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Half Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 2.2

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Dish/Satellite
  • Sewer/Septic System: Septic Tank
  • Water: Shared Well

Schools

  • Elementary School: Madison Primary
  • Middle School: William Wetsel
  • High School: Madison (Madison)

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2022
  • Taxes: 814

MLS Schools

  • HighSchool: Madison (Madison)
  • Middle School: William Wetsel
  • Elementary School: Madison Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jul 17, 2023
Sold by
Steven R Shifflett Special Needs Trust
Bought by
Ciolino Allison and Marcoguiseppe Anthony
Seller's Agent
Stephen Tatum
HARDESTY HOMES LLC
Buyer's Agent
Josh White
STORY HOUSE REAL ESTATE
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
163
Current Estimated Value
$201,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,000
Avg. Annual Appreciation
9.07%
Original Mortgage
$151,515
Outstanding Balance
$148,637
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$32,466
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
Ciolino Allison $150,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciolino Allison $151,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $150,000 -5.7% $170 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $159,000 -- $180 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $848 $114,600 $59,800 $54,800
2023 $848 $114,600 $59,800 $54,800
2022 $848 $114,600 $59,800 $54,800
2021 $848 $114,600 $59,800 $54,800
2020 $814 $114,600 $59,800 $54,800
2019 $849 $114,600 $59,800 $54,800
2018 $849 $124,800 $72,800 $52,000
2017 $849 $124,800 $72,800 $52,000
2016 -- $124,800 $72,800 $52,000
2015 -- $124,800 $72,800 $52,000
2014 -- $124,800 $72,800 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 638072

Charlottesville area Association of Realtors®

APN: 46-15