NOT LISTED FOR SALE

478 Fairground Rd Front Royal, VA 22630

Estimated Value: $503,000 - $621,482

4 Beds
3 Baths
3,622 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $550,000 $152 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,297/month

7 Days on Market

Highlights

  • Second Kitchen
  • 1 Acre Lot
  • Rambler Architecture
  • View of Trees or Woods
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2023

Don’t miss this rare opportunity in beautiful Rockland–3,600+ finished sf all brick rambler (4 BR, 3 Baths w/ 2 car garage and basement apartment with separate entrance) on 1 acre zoned Industrial/Residential (w/ mountain views and surprising privacy thanks to thoughtful landscaping including mimosa trees) and ideal for office, residence, rental or vacation property! In addition to Residential zoning allowances, this property is zoned Industrial with dozens of by-right uses (see documents section of listing or call agent or Warren County for list of Industrial Zoning uses). Located in a dream industrial/commercial business location, the property has been continuously used as a private residence. Residential purchasers will appreciate the remarkable privacy, spacious floor plan (and superb maintenance), industrial purchasers will be impressed by the location (offering countless opportunities) and investors will embrace the dual income potential that the main level and basement apartment provide (lower level offers both a recreation room with brick fireplace, storage room and root cellar as well as and a separately accessed one bedroom apartment w/ kitchen, living room and full bathroom all accessible ). LOCATION-5 miles from I-66 exit 6, Riverton Commons, shopping/2.5 miles from Blue Ridge Shadows and Double Tree Hotel/ 2 miles from Virginia’s Inland Port & 6 miles from six golf courses! Features include: Covered front porch, Vaulted rear 17x15 bump-out sunroom addition (w/ skylights and massive windows), Breakfast nook (great for future kitchen expansion), Hardwood floors, Ceramic tile, Family room off kitchen (w/ stone hearth build from stone on property), Oversized garage (28x25, ten feet tall w/ extra tall doors & remote entry), Brick fireplace in lower level, Central AC on main level, Bay and picture windows, laundry room on main (level w/ access to rear yard), Former Koi pond (could be revived), Window treatments convey, Plentiful storage areas/closets (w/ lights), Window-filled rooms, Exterior storage area under sunroom, Formal dining room & living room plus family room and rec rooms, Front porch (15x7), Underground utilities plus so much more! UPDATES-HVAC:8/2018, Well Pump: 11/2020, Hot Water Heater: 9/2022, Anode Rod: 9/2022, Septic Service: 9/2020, New Garage Doors: 11/2011, Dishwasher: 9/2016, New Roof by S&S Roofing 1/2006, Furnace Serviced Annually…

Please note that property was a rental and appliances are assumed to work but convey as-is, property uses a well and septic system (also note the cistern access from front porch), home was a rental vacated on July 1, 2022.

Last Agent to Sell the Property

Beth Waller

(540) 671-6145 beth@whatmattersw2.com Keller Williams Realty/Lee Beaver & Assoc. License #0225228276 Listed on: 04/07/2023

Keller Williams Realty/Lee Beaver & Assoc.

Co-Listed By

Edward Martin

(703) 867-3350 ed@martincommercialpartners.com Keller Williams Realty/Lee Beaver & Assoc. License #5427792

Last Buyer's Agent

Ben Ferri

(540) 671-8135 ben@informrealestate.com Inform Real Estate, LLC.

Inform Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1971

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Back and Front Yard
  • Zoning described as Industrial/Residential-last use has been residential

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 2 Fireplaces
  • Stone Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Laundry on main level
  • Wood Flooring
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Underground Utilities
  • Well
  • Electric Water Heater
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12A
  • Assessor Parcel Number 5 12A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Don’t miss this rare opportunity in beautiful Rockland–3,600+ finished sf all brick rambler (4 BR, 3 Baths w/ 2 car garage and basement apartment with separate entrance) on 1 acre zoned Industrial/Residential (w/ mountain views and surprising privacy thanks to thoughtful landscaping including mimosa trees) and ideal for office, residence, rental or vacation property! In addition to Residential zoning allowances, this property is zoned Industrial with dozens of by-right uses (see documents section of listing or call agent or Warren County for list of Industrial Zoning uses). Located in a dream industrial/commercial business location, the property has been continuously used as a private residence. Residential purchasers will appreciate the remarkable privacy, spacious floor plan (and superb maintenance), industrial purchasers will be impressed by the location (offering countless opportunities) and investors will embrace the dual income potential that the main level and basement apartment provide (lower level offers both a recreation room with brick fireplace, storage room and root cellar as well as and a separately accessed one bedroom apartment w/ kitchen, living room and full bathroom all accessible ). LOCATION-5 miles from I-66 exit 6, Riverton Commons, shopping/2.5 miles from Blue Ridge Shadows and Double Tree Hotel/ 2 miles from Virginia’s Inland Port & 6 miles from six golf courses! Features include: Covered front porch, Vaulted rear 17x15 bump-out sunroom addition (w/ skylights and massive windows), Breakfast nook (great for future kitchen expansion), Hardwood floors, Ceramic tile, Family room off kitchen (w/ stone hearth build from stone on property), Oversized garage (28x25, ten feet tall w/ extra tall doors & remote entry), Brick fireplace in lower level, Central AC on main level, Bay and picture windows, laundry room on main (level w/ access to rear yard), Former Koi pond (could be revived), Window treatments convey, Plentiful storage areas/closets (w/ lights), Window-filled rooms, Exterior storage area under sunroom, Formal dining room & living room plus family room and rec rooms, Front porch (15x7), Underground utilities plus so much more! UPDATES-HVAC:8/2018, Well Pump: 11/2020, Hot Water Heater: 9/2022, Anode Rod: 9/2022, Septic Service: 9/2020, New Garage Doors: 11/2011, Dishwasher: 9/2016, New Roof by S&S Roofing 1/2006, Furnace Serviced Annually… Please note that property was a rental and appliances are assumed to work but convey as-is, property uses a well and septic system (also note the cistern access from front porch), home was a rental vacated on July 1, 2022.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Water Heater, Refrigerator
  • Interior Amenities: 2nd Kitchen, Attic, Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Table Space, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Mantel(s), Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Sun/Florida Room, Great Room, Recreation Room, Storage Room
  • Basement: Yes
  • Basement Type: Full, Improved, Interior Access, Outside Entrance, Partially Finished, Space For Rooms, Walkout Level, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3622
  • Living Area Sq Ft: 3622
  • Price Per Sq Ft: 234.08
  • Above Grade Finished Sq Ft: 2136
  • Below Grade Finished Sq Ft: 1486
  • Total Below Grade Sq Ft: 1486
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 478

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Mountain, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available, Natural Gas Available, Under Ground
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable, DSL, Other

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WARREN COUNTY PUBLIC SCHOOLS
  • School District Key: 121138896388
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 173300.00
  • Land Assessed Value: 125000.00
  • Land Use Code: 4
  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2022
  • Zoning: I
  • Zoning Description: Industrial/Residential-last use has been residential
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19738167
  • Tax Annual Amount: 1954.00
  • Assessor Parcel Number: 5 12A
  • Tax Lot: 12A
  • Tax Page Number: 178
  • Tax Total Finished Sq Ft: 2136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/19/2023

MLS Schools

  • School District Name: WARREN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 18, 2023
Sold by
Rockland Properties Llc
Bought by
Nlda Llc
Seller's Agent
Beth Waller
Keller Williams Realty/Lee Beaver & Assoc.
Buyer's Agent
Ben Ferri
Inform Real Estate, LLC.
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Views
89
Current Estimated Value
$571,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,621
Avg. Annual Appreciation
1.63%
Original Mortgage
$440,000
Outstanding Balance
$427,518
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$144,103

Purchase Details

Closed on
Jan 26, 2010
Sold by
Andes Larry D and Andes Barbara E
Bought by
Rockland Properties Llc
Source: Public Records

Range of Values:

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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
Nlda Llc $550,000 Quality Title
Rockland Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nlda Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $550,000 +10.0% $152 / Sq Ft
04/07/2023 04/07/23 For Sale $500,000 -- $138 / 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 $3,057 $392,900 $143,800 $249,100
2024 $2,082 $392,900 $143,800 $249,100
2023 $1,925 $392,900 $143,800 $249,100
2022 $1,954 $298,300 $125,000 $173,300
2021 $1,954 $298,300 $125,000 $173,300
2020 $1,954 $298,300 $125,000 $173,300
2019 $1,954 $298,300 $125,000 $173,300
2018 $2,059 $311,900 $125,000 $186,900
2017 $2,027 $311,900 $125,000 $186,900
2016 $1,934 $311,900 $125,000 $186,900
2015 -- $311,900 $125,000 $186,900
2014 -- $310,800 $75,000 $235,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWR2005408

Bright MLS

APN: 5-12A