NOT LISTED FOR SALE

465 E Laurel Dr Madison, VA 22727

Estimated Value: $136,000

3.23 Acres
$42,105 Price per Acre
140,699 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $58,000 $93 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $890/month

28 Days on Market

Highlights

  • Mountain View
  • Partially Wooded Lot
  • Open Lot
  • Community Lake
  • Shed

About This Lot

As of February 2024

This lot is ready to build. Older Well and 2 bed Septic on the property. Power pole is on the lot as well. This property is ready for you to start building your dream home. Over 3 acre private lot with wonderful mountain views. This one is affordable too.

Last Agent to Sell the Property

Julie Garrett

Rappahannock Real Estate, LLC. Listed on: 01/18/2024

Last Buyer's Agent

Nancy Mitchell

Rappahannock Real Estate, LLC. License #0225259000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $463

Lot Details

  • 3.23 Acre Lot
  • Rural Setting
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Property is zoned C1

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Well
  • On Site Septic

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 45A 1 21

Community Details

Overview

  • Laurel Mountain HOA
  • Community Lake

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$463

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Recreation
  • Inclusions: Shed
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 0.46
  • Street Number Modifier: 465

Exterior Features

  • Other Structures List: Shed
  • Construction Completed: No
  • View: Mountain
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Lake
  • HOA Name: LAUREL MOUNTAIN
  • HOA: Yes

Schools

  • School District: MADISON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138932292
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 2
  • Lot Features: Open, Partly Wooded, Road Frontage, Rural, Sloping
  • Lot Size Acres: 3.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 140699.00
  • Year Assessed: 2022
  • Zoning: C1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 463.00
  • Assessor Parcel Number: 45A 1 21
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2018
Sold by
Ffc Properties Llc
Bought by
Curtis Gregory and Curtis Gregory Kristie
Current Estimated Value
$136,000

Purchase Details

Closed on
Feb 5, 2015
Sold by
Professional Foreclosure Corporation Of
Bought by
Ffc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Curtis Gregory $32,500 Old Republic National Title
Ffc Properties Llc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ffc Properties Llc $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $58,000 -10.8% $93 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $65,000 -- $104 / 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
2021 $463 $62,600 $62,600 $0
2020 $444 $62,600 $62,600 $0
2019 $781 $76,400 $62,600 $13,800
2018 $781 $114,800 $69,100 $45,700
2017 -- $114,800 $69,100 $45,700
2016 -- $114,800 $69,100 $45,700
2015 -- $114,800 $69,100 $45,700
2014 -- $114,800 $69,100 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Julie Garrett

    Seller's Agent in 2024

    Julie Garrett

    Rappahannock Real Estate, LLC.

    (540) 948-5500

    77 Total Sales

    Julie Garrett
    Section Image
  • Nancy Mitchell

    Buyer's Agent in 2024

    Nancy Mitchell

    Rappahannock Real Estate, LLC.

    (540) 222-8789

    15 Total Sales

    Nancy Mitchell
    Section Image
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Map

Source: Bright MLS

MLS Number: VAMA2001468

Bright MLS

APN: 45A-1-21

Virginia Madison County Madison 22727

465 E Laurel Dr, Madison, VA

This home is located at 465 E Laurel Dr, Madison, VA 22727 since 18 January 2024 and is currently priced at $136,000, approximately $217 per square foot. 465 E Laurel Dr is a home located in Madison County with nearby schools including Madison Primary School, Waverly Yowell Elementary School, and William H. Wetsel Middle School.

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