NOT LISTED FOR SALE

Estimated Value: $361,000 - $514,188

3 Beds
2 Baths
2,604 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $925,000 $355 Per Sq Ft

Current estimated payment $2,521/month

64 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • 196.06 Acre Lot
  • Rural Retreat High School Rated 9+
  • Home fronts a creek
  • Creek or Stream View

About This Home

As of January 2020

This is definitely one of the most picturesque grazing farms in Southwestern Virginia. This 197 Acre Farm includes 50 Acres of Hayfields which traditionally yield 520 large bales a year. The pastures are cross fenced with excellent fencing and well water supplies 4 stall trough watering systems. It could easily be home to cattle, horses, sheep, alpacas or goats. The farm is bounded by approximately 5000 feet of the fabled Cripple Creek and its native tributary stream Crigger Creek. This is Blue Ribbon Trophy Trout Fishing water. Virginia Wildlife Department tested the water and said it is an "awesome" habitat. Fed by spring heads nearby, the water stays cool, lots of food/oxygen with a consistent flow. There are numerous Barns and Equipment Sheds and the original farmhouse has been lovingly restored with new electrical and plumbing systems. This is truly a "Norman Rockwell" type setting. The home features authentic hand-hewn logs, extra wide heart pine floors, tiled baths and showers-

Last Agent to Sell the Property

Joan Collins

Collins and Associates Realty License #0225078749 Listed on: 08/14/2019

Last Buyer's Agent

Vincent Elliott

Collins and Associates Realty License #0225073172

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1992

Lot Details

  • 196.06 Acre Lot
  • Home fronts a creek
  • Wood Fence
  • Mature Trees
  • Garden
  • Property is in good condition
  • Property is zoned RF

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Fire Rated Drywall
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Living Room
  • Dining Room
  • Creek or Stream Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Speedwell Elementary School
  • Rural Retreat Middle School
  • Rural Retreat High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 080-000-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,741

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 196.064
  • Lot Size: 196.064
  • Road Surface Type: Paved
  • Directions: From the intersection of highways 21 & 58 in Independence Virginia, take 21 north approximately 19 miles, turn left onto Cedar Springs Rd, go 4.5 miles to property on left.
  • Above Grade Finished Sq Ft: 2604
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1992
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Microwave, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Wood Burning, Wood Burning Stove
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Internet Availability Other/See Remarks
  • Living Area: 2604
  • Window Features: Insulated Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: Second
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Wood
  • Lot Features: Views
  • View: Creek
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: HardiPlank Type, Dry Wall
  • Exterior Features: Horses Allowed, Balcony, Garden, Mature Trees
  • Foundation Details: Block, Stone
  • Other Structures: Outbuilding, Shed(s), Barn(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, None

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood/Coal, Oil, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Speedwell
  • High School: Rural Retreat
  • Middle Or Junior School: Rural Retreat

Lot Info

  • Lot Size Sq Ft: 8540547.84
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1741
  • Tax Lot: 080-000-0000-
  • Tax Map Number: 080-000-0000-0006
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Dec 20, 2019
Sold by
Cripple Creek Farm Llc
Bought by
Strader Kenneth Lee and Strader Dani Sutton
Seller's Agent
Joan Collins
Collins and Associates Realty
Buyer's Agent
Vincent Elliott
Collins and Associates Realty
List Price
$999,900
Sold Price
$925,000
Premium/Discount to List
-$74,900
-7.49%
Current Estimated Value
$437,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$487,406
Avg. Annual Appreciation
-15.22%
Original Mortgage
$437,500
Outstanding Balance
$379,745
Interest Rate
2.5%
Mortgage Type
Farmers Home Administration
Estimated Equity
-$12,118
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
Strader Kenneth Lee $925,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strader Kenneth Lee $437,500
Closed Strader Kenneth Lee $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $925,000 -7.5% $355 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $999,900 -- $384 / Sq Ft
Source: Southwest Virginia 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 $1,693 $331,900 $97,800 $234,100
2023 $1,693 $321,600 $97,800 $223,800
2022 $2,655 $618,300 $384,200 $234,100
2021 $4,129 $764,700 $606,300 $158,400
2020 $4,129 $764,700 $606,300 $158,400
2019 $4,129 $764,700 $606,300 $158,400
2018 $1,369 $764,700 $606,300 $158,400
2017 $1,243 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $764,700 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 70882

APN: 080-000-0000-0006