$241,500
SOLD MAR 26, 2020

440 Rainbow Ridge Rd Faber, VA 22938

2 Beds
2 Baths
1,800 Sq Ft
2.98 Acres

Recently Sold

$134 Per Sq Ft

10% Below List Price

Highlights

  • Mud Room
  • Living Room
  • Central Air
  • Den
  • En-Suite Primary Bedroom
  • Dining Room

About This Home

As of March 2020

Passive solar design with character and mountain views! Perched on a hill with open front yard with views and private back woods. Extras: high ceiling in living area and multiple brick fireplaces in living room, kitchen, and master. Includes carport with detached building with unfinished space for storage or workshop. Work from home with fiber optic internet available to the community. Ideal location for easy access to stores, restaurants, doctor/dentist in Nellysford (10 minutes) and only 30 minutes to Charlottesville for easy commuting.

Last Agent to Sell the Property

MARLO ALLEN

MOUNTAIN AREA NEST REALTY License #0225083760[1514] Listed on: 03/26/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1984

Lot Details

  • 2.98 Acre Lot
  • Property is zoned A-1, Agricultural

Home Design

  • Slab Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1.5 Levels
  • Mud Room
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Newlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 2376.00
  • Inclusions: Refrigerator, washer, dryer, woodstove
  • New Construction: No
  • Story List: Main
  • Year Built: 1984
  • Remarks Public: Passive solar design with character and mountain views! Perched on a hill with open front yard with views and private back woods. Extras: high ceiling in living area and multiple brick fireplaces in living room, kitchen, and master. Includes carport with detached building with unfinished space for storage or workshop. Work from home with fiber optic internet available to the community. Ideal location for easy access to stores, restaurants, doctor/dentist in Nellysford (10 minutes) and only 30 minutes to Charlottesville for easy commuting.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Mud Room, Office, Primary Bathroom, Full Bath, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 149.44
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 440

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • Elementary School: ROCKFISH
  • Middle School: NELSON
  • High School: NELSON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141052214
  • School District Source: Listing Agent
  • Elementary School: ROCKFISH
  • High School: NELSON
  • Middle Or Junior School: NELSON

Lot Info

  • Lot Size Acres: 2.98
  • Zoning: A-1
  • Zoning Description: Agricultural

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1748.00
  • Tax Year: 2020
  • Close Date: 03/26/2020

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Mar 10, 2020
Sold by
Whited Jule and Watters Julie P
Bought by
Oram Stuart N and Oram Marjorie A
Seller's Agent
MARLO ALLEN
MOUNTAIN AREA NEST REALTY
List Price
$269,000
Sold Price
$241,500
Premium/Discount to List
-$27,500
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
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 Type Sale Price Title Company
Deed $241,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Balloon
Previous Owner $89,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $499,000 -3.9% $247 / Sq Ft
06/10/2025 06/10/25 For Sale $519,000 +114.9% $257 / Sq Ft
03/26/2020 03/26/20 Sold $241,500 -10.2% $134 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $269,000 -- $149 / 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
2025 $1,999 $307,600 $48,800 $258,800
2024 $1,999 $307,600 $48,800 $258,800
2023 $1,999 $307,600 $48,800 $258,800
2022 $1,999 $307,600 $48,800 $258,800
2021 $1,748 $242,800 $45,800 $197,000
2020 $1,748 $242,800 $45,800 $197,000
2019 $1,748 $242,800 $45,800 $197,000
2018 $1,748 $242,800 $45,800 $197,000
2017 $1,696 $235,600 $53,300 $182,300
2016 $1,696 $235,600 $53,300 $182,300
2015 $1,696 $235,600 $53,300 $182,300
2014 $1,696 $235,600 $53,300 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 601887

Bright MLS

APN: 33-5-13A