Seller's Agent in 2023
Tommy Brannock
LORING WOODRIFF REAL ESTATE ASSOCIATES
(434) 981-1486
13 in this area
238 Total Sales
Estimated Value: $2,846,000 - $3,547,000
5
Beds
5
Baths
5,138
Sq Ft
$607/Sq Ft
Est. Value
Highlights
- Outdoor Pool
- Garage Apartment
- Private Lot
- Virginia L. Murray Elementary School Rated A
- Wood Burning Stove
- Family Room with Fireplace
About This Home
As of October 2023NEW PRICE! Classic 2-story brick home with slate roof and stately front porch boasts a commanding presence on Oak Circle in Albemarle County’s premier neighborhood, Farmington. The home is sited among towering magnolias, mature boxwoods, wandering paths, brick & slate walkways, colorful gardens and backyard Pool. Built in 1955, this custom designed/built one-owner home features traditional details, three wood-burning fireplaces, casual and formal living areas, sunroom, finished basement and hardwood floors. The main house offers 4 BRs + 4 full baths on 3 floors, plus attached, side entry 2-car Garage offers a charming guest suite above with private entrance, living area, kitchen, laundry, BR + full bath. Private nearly level backyard awaits your creativity: main house expansion, detached guest cottage, sport field, or private garden. Access the home from the front circular driveway or the secondary driveway which runs the perimeter of the 1.6 acre lot, allowing easy access by car, bike or golf cart. Savor the privacy of 440 Oak Circle while enjoying close proximity to Farmington’s sport courts, fitness center, delicious dining, Clubhouse activities, premier Golf and mountain views from the North Lawn. Unique opportunity!
Last Agent to Sell the Property
LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225003353 Listed on: 08/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,219
Year Built
- Built in 1955
Lot Details
- 1.6 Acre Lot
- Mature Landscaping
- Native Plants
- Private Lot
- Garden
- Property is zoned RA Rural Area
HOA Fees
- $79 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 2-Story Property
- Living Quarters
- Ceiling height of 9 feet or more
- Multiple Fireplaces
- Wood Burning Stove
- Wood Burning Fireplace
- Brick Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Den
- Bonus Room
- Sun or Florida Room
- Utility Room
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- Primary bedroom located on second floor
- Bathroom on Main Level
- 5 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Washer and Dryer Hookup
Partially Finished Basement
- Walk-Out Basement
- Fireplace in Basement
- Basement Windows
Parking
- 2 Car Attached Garage
- Garage Apartment
- Side Facing Garage
- Driveway
Eco-Friendly Details
- Green Features
Outdoor Features
- Outdoor Pool
- Storage Shed
- Front Porch
Schools
- Murray Elementary School
- Henley Middle School
- Western Albemarle High School
Utilities
- Central Air
- Dual Heating Fuel
- Heat Pump System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 060E1000D01700
Community Details
Overview
- Association fees include area maint, prof. mgmt., reserve fund, security force, snow removal
- $2,500 HOA Transfer Fee
- Farmington Subdivision
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2025
Sold by
Gilbert P Schafer Iii Revocable Trust and Schafer Courtnay D
Bought by
440 Oak Partners Llc
Current Estimated Value
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 18, 2023
Sold by
Livingston Marilynn M
Bought by
Gilbert P Schafer Iii Revocable Trust and Schafer
Seller's Agent
Tommy Brannock
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Loring Woodriff
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$3,495,000
Sold Price
$2,900,000
Premium/Discount to List
-$595,000
-17.02%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 440 Oak Partners Llc | -- | None Listed On Document | |
| Gilbert P Schafer Iii Revocable Trust | $2,900,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $2,900,000 | -10.8% | $564 / Sq Ft |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | Price Changed | $3,250,000 | -7.0% | $633 / Sq Ft |
| 08/11/2023 08/11/23 | For Sale | $3,495,000 | -- | $680 / Sq Ft |
Source: Charlottesville area 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 | $25,500 | $2,852,400 | $800,800 | $2,051,600 |
| 2024 | $24,677 | $2,889,300 | $782,600 | $2,106,700 |
| 2023 | $21,318 | $2,496,300 | $728,000 | $1,768,300 |
| 2022 | $19,402 | $2,271,900 | $728,000 | $1,543,900 |
| 2021 | $18,008 | $2,108,700 | $720,000 | $1,388,700 |
| 2020 | $15,183 | $1,777,900 | $720,000 | $1,057,900 |
| 2019 | $21,529 | $2,521,000 | $720,000 | $1,801,000 |
| 2018 | $19,857 | $2,368,400 | $675,000 | $1,693,400 |
| 2017 | $19,842 | $2,365,000 | $675,000 | $1,690,000 |
| 2016 | $20,127 | $2,398,900 | $675,000 | $1,723,900 |
| 2015 | $19,917 | $2,431,900 | $675,000 | $1,756,900 |
| 2014 | -- | $2,080,800 | $540,000 | $1,540,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tommy Brannock
-
Loring Woodriff
Buyer's Agent in 2023
Loring Woodriff
LORING WOODRIFF REAL ESTATE ASSOCIATES
(434) 466-2992
36 in this area
148 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 644689
APN: 060E1-00-0D-01700
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