NOT LISTED FOR SALE

4753 Ararat Hwy Ararat, VA 24053

Estimated Value: $453,000 - $575,953

6 Beds
4.5 Baths
3,900 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $300,000 $77 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,899/month

Highlights

  • Barn
  • 13.83 Acre Lot
  • Living Room with Fireplace
  • Horses Allowed On Property
  • Colonial Architecture
  • Partially Wooded Lot

About This Home

As of January 2020

Own a piece of History . This was the former home and Office of the late Dr. A.M. Gates, a very well known and respected local physician. Dr. Gates had this home custom built in approx. 1938. Many modern features such as, thermal replacement windows, custom built kitchen cabinetry w/granite counters, stainless appliances & Central heating & cooling ; None of these modern conveniences detract from the original design and craftsmanship. Features oak floors, Pine T&G walls & Ceilings. Blue Ridge Mtn views

Last Agent to Rent the Property

Doris McMillian

Garson McMillian Real Estate and Auction Co., Inc. License #70988 Listed on: 12/10/2019

Last Renter's Agent

Doris McMillian

Garson McMillian Real Estate and Auction Co., Inc. License #70988 Listed on: 12/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1938

Lot Details

  • 13.83 Acre Lot
  • Fenced
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 3 Car Detached Garage
  • Attached Carport
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,693 Sq Ft Home
  • 3,300-3,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Storm Doors
  • Basement

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Boiler Heating System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 401020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 1938

Lot Details

0

Parking

3

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Lot Size Acres: 13.83
  • Lot Size: 000 x 000 x 000 x 000
  • Subdivision Name: None
  • Directions: From Mt. Airy go Hwy. 104 (Riverside Drive) -cross NC/VA State line, house on left before you get to Blue Ridge School in Ararat.
  • Above Grade Finished Sq Ft: 3693
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Year Built: 1938
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3300 - 3900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Guest Quarters, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, See Remarks, Solid Surface Counter
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Gas Log, Den, Living Room, See Remarks
  • Fireplaces: 3
  • Living Area: 3693
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Balcony, Remarks
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Garage, Circular Driveway, Garage Door Opener, Attached Carport, Detached
  • Garage Description: Attached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Boiler, Hot Water, Oil, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil, Propane Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 401020001
  • TRIADMLS_PricePerAcre: 115.6905
  • TRIADMLS_AcresRange: 12 - 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jun 18, 2019
Sold by
Martin Anthony Lee and Martin Yauna B
Bought by
Adams Kimberly Ann and Adams Michele Ann
Seller's Agent
Doris McMillian
Garson McMillian Real Estate and Auction Co., Inc.
Buyer's Agent
Doris McMillian
Garson McMillian Real Estate and Auction Co., Inc.
Sold Price
$300,000
Current Estimated Value
$495,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,238
Avg. Annual Appreciation
8.17%
Original Mortgage
$240,000
Outstanding Balance
$213,190
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$273,105
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
Adams Kimberly Ann $300,000 Appalachian Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Kimberly Ann $240,000
Previous Owner Martin Anthony Lee $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $300,000 -- --
01/07/2020 01/07/20 Rented $1,600 0.0% --
06/18/2019 06/18/19 Sold $300,000 -- $91 / Sq Ft
Source: Triad 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 $2,251 $308,400 $52,800 $255,600
2024 $2,251 $308,400 $52,800 $255,600
2023 $2,251 $308,400 $52,800 $255,600
2022 $2,251 $308,400 $52,800 $255,600
2021 $2,097 $308,400 $52,800 $255,600
2020 $1,622 $238,600 $52,600 $186,000
2019 $1,622 $238,600 $52,600 $186,000
2018 $1,360 $238,600 $52,600 $186,000
2017 -- $229,100 $43,100 $186,000
2016 $1,306 $229,100 $43,100 $186,000
2015 -- $229,100 $43,100 $186,000
2014 -- $249,700 $49,900 $199,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2020

    Doris McMillian

    Garson McMillian Real Estate and Auction Co., Inc.

    (336) 710-0499

    4 in this area

    76 Total Sales

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Map

Source: Triad MLS

MLS Number: 959882

Triad MLS

APN: 4010200001

Virginia Patrick County Ararat 24053

4753 Ararat Hwy, Ararat, VA

This home is located at 4753 Ararat Hwy, Ararat, VA 24053 since 10 December 2019 and is currently priced at $495,238. This property was built in 1938. 4753 Ararat Hwy is a home located in Patrick County with nearby schools including Patrick County High School.

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