NOT LISTED FOR SALE

49 Waterfall Rd Chester Gap, VA 22623

Estimated Value: $167,000 - $301,000

3 Beds
2 Baths
1,402 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $125,000 $89 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,417/month

110 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Paneling
  • Farmhouse Style Home
  • Den
  • Forced Air Heating System

About This Home

As of December 2021

Adorable little Farmhouse on easily maintained lot. Main level has enclosed porch for extra living space. A large living room with beautiful hardwood floors. Spacious eat-in kitchen with knotty pine cabinetry. covered rear side porch. First floor also has a bath and bedroom. Upstairs you will find 2 additional bedrooms and full bath.

Last Agent to Sell the Property

Michelle Garrett

Prime Location Realty, LLC Listed on: 07/17/2021

Last Buyer's Agent

Aaron Browning

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1946

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in average condition

Home Design

  • Farmhouse Style Home
  • Combination Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,402 Sq Ft Home
  • Property has 3 Levels
  • Paneling
  • Low Ceilings
  • Den

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Dirt Floor

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • On Site Septic
  • No Septic Approved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 1- - - -73

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1946
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Adorable little Farmhouse on easily maintained lot. Main level has enclosed porch for extra living space. A large living room with beautiful hardwood floors. Spacious eat-in kitchen with knotty pine cabinetry. covered rear side porch. First floor also has a bath and bedroom. Upstairs you will find 2 additional bedrooms and full bath.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Low, Paneled Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Office, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Dirt Floor, Combination, Connecting Stairway, Outside Entrance, Interior Access, Rear Entrance, Unfinished, Partial
  • Total Sq Ft: 1402
  • Living Area Sq Ft: 1402
  • Price Per Sq Ft: 87.02
  • Above Grade Finished Sq Ft: 1402
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic, No Septic Approved
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS
  • School District Key: 121140061778
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81700.00
  • Land Assessed Value: 25000.00
  • Lot Features: Road Frontage
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.40
  • Property Condition: Below Average, Average
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16325376
  • Tax Annual Amount: 778.00
  • Assessor Parcel Number: 1- - - -73
  • Tax Lot: 73
  • Tax Total Finished Sq Ft: 1128
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/27/2021

MLS Schools

  • School District Name: RAPPAHANNOCK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Dec 21, 2021
Sold by
Cascade Funding Mortgage Trust Hb5
Bought by
49 Waterfall Llc
Seller's Agent
Michelle Garrett
Prime Location Realty, LLC
Buyer's Agent
Aaron Browning
EXP Realty, LLC
List Price
$169,000
Sold Price
$125,000
Premium/Discount to List
-$44,000
-26.04%
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,000
Avg. Annual Appreciation
20.39%

Purchase Details

Closed on
Sep 4, 2021
Sold by
Hbi Alternative Holdings Llc
Bought by
Cascade Funding Mortgage Trust Hbs

Purchase Details

Closed on
Feb 15, 2021
Sold by
Goranson Minnie Williams and Goranson Edward W
Bought by
Hb1 Alternative Holdings Llc
Source: Public Records

Range of Values:

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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
49 Waterfall Llc $125,000 Ktl Title Group
Cascade Funding Mortgage Trust Hbs -- None Available
Hb1 Alternative Holdings Llc $217,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterfall Llc $756,700
Previous Owner Goranson Minnie Williams $0
Previous Owner Goranson Minnie Williams $300,240
Previous Owner Goranson Edward W $145,000
Previous Owner Williams Minnie $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $125,000 +2.5% $89 / Sq Ft
11/04/2021 11/04/21 Price Changed $122,000 -24.0% $87 / Sq Ft
07/23/2021 07/23/21 Price Changed $160,550 -5.0% $115 / Sq Ft
07/17/2021 07/17/21 For Sale $169,000 -- $121 / 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
2024 $859 $140,900 $25,000 $115,900
2023 $859 $140,900 $25,000 $115,900
2022 $845 $140,900 $25,000 $115,900
2021 $779 $106,700 $25,000 $81,700
2020 $779 $106,700 $25,000 $81,700
2019 $779 $106,700 $25,000 $81,700
2018 $779 $106,700 $25,000 $81,700
2017 $747 $0 $0 $0
2016 -- $106,700 $0 $0
2015 -- $126,800 $30,000 $96,800
2014 -- $126,800 $30,000 $96,800
Source: Public Records

Agents Affiliated with this Home

  • Michelle Garrett

    Seller's Agent in 2021

    Michelle Garrett

    Prime Location Realty, LLC

    (304) 279-6988

    86 Total Sales

    Michelle Garrett
    Section Image
  • Aaron Browning

    Buyer's Agent in 2021

    Aaron Browning

    EXP Realty, LLC

    (571) 234-1456

    36 Total Sales

    Aaron Browning
    Section Image
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Map

Source: Bright MLS

MLS Number: VARP2000070

Bright MLS

APN: 1-73

Virginia Rappahannock County Chester Gap 22623

49 Waterfall Rd, Chester Gap, VA

This home is located at 49 Waterfall Rd, Chester Gap, VA 22623 since 17 July 2021 and is currently estimated at $247,000, approximately $176 per square foot. This property was built in 1946. 49 Waterfall Rd is a home located in Rappahannock County with nearby schools including Rappahannock County Elementary School and Rappahannock County High School.

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