NOT LISTED FOR SALE

484 Old Forge Way Madison, VA 22727

Estimated Value: $426,000 - $522,669

3 Beds
3 Baths
3,136 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 04, 2012

Last sale price $175,000 $56 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,845/month

92 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • Rambler Architecture
  • 1 Fireplace
  • Living Room

About This Home

As of December 2012

Low maintenance rambler with full walk-out basement. This is a Fannie Mae HomePath property. Purchase this property for as little as 3%down! This property is approved for HomePath Mortgage financing and HomePath renovation Mortgage financing.

Last Agent to Sell the Property

Norma Gibbs

(540) 349-1400 njgreal@aol.com Long & Foster Real Estate, Inc. License #0225136110 Listed on: 07/19/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 3.37 Acre Lot
  • Property is in very good condition
  • Property is zoned A1

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 49- -5- -227

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2001
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Master Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 525.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Lot Size Acres: 3.37
  • Lot Size Area: 146797
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 146797.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: A1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16274273
  • Assessor Parcel Number: 49- -5- -227
  • Tax Lot: 227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Nov 26, 2012
Sold by
Fannie Mae
Bought by
Wright John and Wright Diana
Seller's Agent
Norma Gibbs
Long & Foster Real Estate, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$225,000
Sold Price
$175,000
Premium/Discount to List
-$50,000
-22.22%
Current Estimated Value
$489,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,417
Avg. Annual Appreciation
8.13%
Original Mortgage
$166,250
Outstanding Balance
$117,224
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$372,193

Purchase Details

Closed on
Nov 1, 2011
Sold by
Connor Todd A and Connor Bonnie M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2008
Sold by
Broyles Michael R and Broyles Rebecca I
Bought by
Connor Todd A and Connor Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Arrington Anthony D and Arrington Sheila C
Bought by
Broyles Michael R and Broyles Rebecca I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wright John $175,000 Chicago Title
Federal National Mortgage Association $228,567 Top Notch Title Llc
Connor Todd A $295,000 None Available
Broyles Michael R $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright John $166,250
Previous Owner Connor Todd A $24,000
Previous Owner Broyles Michael R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2012 12/04/12 Sold $175,000 -7.8% $56 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/01/2012 10/01/12 Price Changed $189,900 -5.0% $61 / Sq Ft
09/04/2012 09/04/12 Price Changed $199,900 -7.0% $64 / Sq Ft
08/26/2012 08/26/12 Price Changed $214,900 -4.5% $69 / Sq Ft
07/19/2012 07/19/12 For Sale $225,000 -- $72 / Sq Ft
Source: Bright MLS

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 $2,444 $479,200 $101,000 $378,200
2024 $2,183 $295,000 $76,200 $218,800
2023 $2,183 $295,000 $76,200 $218,800
2022 $2,183 $295,000 $76,200 $218,800
2021 $2,183 $295,000 $76,200 $218,800
2020 $2,095 $295,000 $76,200 $218,800
Source: Public Records

Agents Affiliated with this Home

  • Norma Gibbs

    Seller's Agent in 2012

    Norma Gibbs

    Long & Foster

    (540) 229-9026

    47 Total Sales

    Norma Gibbs
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Map

Source: Bright MLS

MLS Number: 1004083864

Bright MLS

APN: 49-5-227

Virginia Madison County Madison 22727

484 Old Forge Way, Madison, VA

Not Listed for Sale

Detached

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