NOT LISTED FOR SALE

48 Oaks Ln Madison, VA 22727

Estimated Value: $472,000 - $572,622

3 Beds
2.5 Baths
3,538 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $485,101 $137 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,111/month

1 Day on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Home Office
  • Main Floor Primary Bedroom
  • Mud Room
  • Home Gym

About This Home

As of November 2021

TASTEFULLY UPDATED CAPE COD in Parklike setting. Conveniently located to Rt 29, just 10 minutes to Madison, 10 minutes to Ruckersville, and less than half hour to Charlottesville. Mature landscaping includes 3 season blooms and stunning array of Azaleas in the Spring. Gracious entry boasts gleaming hardwood floors that flow throughout 1st and 2nd level. Open floor plan, Living room with propane fire place. Main Level Owner's Suite with walk-in closet with attached bath including separate shower, jetted tub and dual sinks. Second level boasts two oversized bedrooms with full bath. Upscale appliances enhance the modern kitchen with farm sink, under-the-counter microwave with sliding drawer, granite counters, and bright white cabinetry. Outdoor entertaining deck off of kitchen along with laundry/mudroom, 2 car garage and home office over garage. Fully finished Walkout lower level includes family room with laminate floors, surround sound, wood burning fireplace, guest room and storage.

Last Agent to Sell the Property

Julie Holbrook

NEST REALTY GROUP License #0225044905 Listed on: 09/13/2021

NEST REALTY GROUP

Last Buyer's Agent

MICHAEL DAVIS

DOGWOOD REALTY GROUP LLC License #0225223650

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1991

Lot Details

  • 3 Acre Lot
  • Landscaped
  • Gentle Sloping Lot
  • Property is zoned A-1 Agricultural

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Mud Room
  • Family Room
  • Living Room
  • Home Office
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary bathroom on main floor

Laundry

  • Sink Near Laundry
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Schools

  • Madison Primary Elementary School
  • Wetsel Middle School
  • Madison High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Theoaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 54-30A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2418
  • Below Grade Total Sq Ft: 1120
  • Design: Cape Cod
  • L V T Date: 09/13/2021
  • Parcel Number: 54-30A
  • Price Per Sq Ft: 137.11
  • Total Sq Ft: 4114
  • Total Unfinished Sq Ft: 576
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: THEOAKS
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Half Bath1|Master Bed1|Master BTH1|Bedroom2|Bedroom2|Full Bath2|Family RooB|Home Offic2|Mud Room1|Exercise RB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Laundry: Dryer Hookup, Large Sink, Washer Hookup
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Half Bath, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Master Bath, On Level: 1
  • Room 6: Bedroom, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Full Bath, On Level: 2
  • Room 9: Family Room, On Level: Basement
  • Room 10: Home Office, On Level: 2
  • Room 11: Mud Room, On Level: 1
  • Room 12: Exercise Room, On Level: Basement
  • Total Finished Sq Ft: 3538
  • Above Grade Finished Sq Ft: 2418
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1120
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Eat-in, Gas Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Granite, White Cabinets
  • Land Description: Gently Rolling, Landscaped
  • Level: 1.5 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Exercise Room, Family Room, Full Bath, Half Bath, Home Office, Kitchen, Living Room, Master Bedroom, Mud Room
  • Room Types Level1: Half Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1), Mud Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Home Office (L2+)
  • Room Types Level B: Exercise Room (LB), Family Room (LB)
  • Source of Sq Ft: Appraisal

Exterior Features

  • Exterior: Wood
  • Number Of Acres: 3
  • Roof: Architectural Style
  • Structure Deck Porch: Deck
  • Structure Floors: Hardwood

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 576
  • Garage Features: Attached, Auto Door, Electricity, Faces Side
  • Number of Car Spaces: 2
  • Total Below Grade Garage: 576

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Heat Pump
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Madison Primary
  • Middle School: Wetsel
  • High School: Madison (Madison)

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2020
  • Taxes: 2068.23

MLS Schools

  • HighSchool: Madison (Madison)
  • Middle School: Wetsel
  • Elementary School: Madison Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 28, 2021
Sold by
Geer Joshua E and Geer Jeannine R
Bought by
Martin John Francis and Martin Megan Ashley
Seller's Agent
Julie Holbrook
NEST REALTY GROUP
Buyer's Agent
MICHAEL DAVIS
DOGWOOD REALTY GROUP LLC
List Price
$450,000
Sold Price
$485,101
Premium/Discount to List
$35,101
7.8%
Current Estimated Value
$535,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,341
Avg. Annual Appreciation
3.47%
Original Mortgage
$388,080
Outstanding Balance
$358,468
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,342

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 18, 2016
Sold by
Branch Banking And Trust Company A North
Bought by
Geer Joshua E and Geer Jeannine R
Seller's Agent
Janet Holden
CENTURY 21 New Millennium
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$204,900
Sold Price
$195,000
Premium/Discount to List
-$9,900
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%
Original Mortgage
$145,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2016
Sold by
Old North Services Llc Substitute Truste and Hollerith Joachim
Bought by
Branch Banking And Trust Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin John Francis $485,500 None Available
Geer Joshua E $195,000 Attorney
Branch Banking And Trust Company $221,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin John Francis $388,080
Previous Owner Geer Joshua E $145,000
Previous Owner Hollerith Joachim $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $485,101 +7.8% $137 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $450,000 +130.8% $127 / Sq Ft
11/22/2016 11/22/16 Sold $195,000 -4.8% $98 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $204,900 0.0% $103 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $204,900 -- $103 / Sq Ft
Source: Charlottesville area 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 $2,156 $291,300 $74,000 $217,300
2023 $2,156 $291,300 $74,000 $217,300
2022 $2,156 $291,300 $74,000 $217,300
2021 $2,156 $291,300 $74,000 $217,300
2020 $2,068 $291,300 $74,000 $217,300
2019 $1,802 $291,300 $74,000 $217,300
2018 $1,802 $265,000 $80,000 $185,000
2017 $1,802 $265,000 $80,000 $185,000
2016 -- $265,000 $80,000 $185,000
2015 -- $265,000 $80,000 $185,000
2014 -- $265,000 $80,000 $185,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 622091

Charlottesville area Association of Realtors®

APN: 54-30A