NOT LISTED FOR SALE

490 Otterbein Farm Ln Steeles Tavern, VA 24476

Estimated Value: $985,030 - $1,012,000

3 Beds
4 Baths
3,823 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $565,000 $148 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,410/month

463 Days on Market

About This Home

As of August 2019

B New list price. Now that Spring has arrived it's a great time to schedule a showing. Over 50 acres of pristine land in a most unique and very private setting. Located on both sides of a picturesque creek, gentle stretches of water and a lovely spring-fed pond are idyllic. The water then enters a gorge with multiple waterfalls cascading features of this property. A well built 3-4 bedroom home with cherry floors, a stone fireplace, a 1st floor bedroom, wrap around porch, custom built by Beebe Construction. Seldom are waterfalls such as these seen outside of large National Parks! Go to photos and see the video of the falls and property.

Last Agent to Sell the Property

Rodger Rinehart

J.F. Brown Real Estate Services Listed on: 05/15/2018

Co-Listed By

James Brown

J.F. Brown Real Estate Services

Last Buyer's Agent

Joseph Vita

Vita & Associates

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

2002

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington Rt. 11 N , L on Spottswood Rd.(from Staunton turn right) for 2.5 miles, L onto Old Providence Rd., first R onto Newport Rd., turn slight L onto Gibbs Rd., L onto Carson Mill Rd., turn right onto Otterbein Farm Rd, which becomes Otterbein Farm Lane, continue to property.
  • HeatLiquidPropaneLO: Owned
  • HeatTank: Below Ground
  • HistoricProperty: No
  • Listing Member Name: Rodger Rinehart
  • Listing Office Short Id: 121
  • Open House Office I D: 20061211170240860305000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: vitaj
  • Selling Office Short Id: 81
  • Subdivision Yn: No
  • TotalFinSFApx: 3823.00
  • Year Built: 2002
  • Taxes Dollars: 4792.20
  • Topography Other: Waterfalls
  • TotalAcresApx: 50.27
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 684600.00
  • PorchDeckPatioPorch: Front
  • Building Style: Farm House
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Partially Finished, Walkout
  • Full Bathrooms: 3.00
  • Dining Room Features Other: YES
  • Updated Floor: Carpet, Ceramic Tile, Wood
  • Floor Other: cherry floors
  • Half Bathrooms: 1
  • Heat Other: f/p insert liv. room
  • Appliances: As Is, Dishwasher, Dryer, Dryer Hookup, Electric Range, Freezer, Garage Door Opener, Generator, Microwave, Refrigerator, Washer, Wood Stove
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Wood Stove
  • Fireplace Location: Living Room
  • FireplaceLocOther: basement wood stove
  • Interior Amenities: Attic Fan, Book Shelves, Breakfast Area, Ceiling Fan, Flue Available, Internet/Smart Wirng, Storage, Walk-in Closet
  • Lower Floor 1 Bedrooms: 8

Exterior Features

  • Easements: Power, Right of Way
  • Exterior: Masonry(Hardy) Plank
  • Exterior Features: Ceiling Fan(s), Chickens Permitted, Creek Frontage, Fireplace, Porch-Front, Porch-Open, Porch-Rear, Satellite Dish, Shed, Undrground Utilities, View - Mountains, Wood Stove
  • Flood Zone: Mixed
  • Road Frontage: Easement, Gravel Road
  • Roof: Metal
  • Street: Otterbein Farm Lane
  • Surface Water: Creek/Stream, Pond, Spring
  • Tax Rate: .73
  • Flood Zone: NW
  • Out Buildings: Equipment Shed, Garage
  • Fencing: Partial, Woven
  • Topography: Hunting, Rolling, Secluded, Steep, Views, Woods
  • Exterior Features: Covered Porch, Garden Space, Porch, Workshop
  • Guest House: No

Garage/Parking

  • Garage Spaces: Attached, Double, Opener, Workshop

Utilities

  • Cooling: Central Cooling, Heat Pump Electric, Whole House Fan
  • Heating: Forced Air, Liquid Propane, Wood Stove
  • Sewer: Existing Septic
  • Utilities Available: Electric, Underground
  • Water: Well
  • Water Heater: Propane

Schools

  • Elementary School: Fairfield
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Fairfield
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Property Name: Waterfalls
  • Zoning: Agricultural
  • Best Use: Residential
  • Current Use: Residential

Green Features

  • Energy Features: 2 X 6 Exterior Walls, Attic Fan, Wood Stove

Tax Info

  • Tax Map Number: 27 A 18
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Decoster Darrin C and Decoster Laura J
Bought by
Fifty Family Revocable Trust and Decoster
Current Estimated Value
$783,789
Source: Public Records

Range of Values:

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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
Fifty Family Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decoster Darrin C $166,000
Previous Owner Decoster Darrin C $370,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $565,000 -12.9% $148 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
05/15/2018 05/15/18 For Sale $648,500 -- $170 / Sq Ft
Source: Rockbridge Highlands 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 $1,433 $733,400 $209,100 $524,300
2023 $1,433 $733,400 $209,100 $524,300
2022 $5,055 $683,100 $209,100 $474,000
2021 $5,055 $683,100 $209,100 $474,000
2020 $5,055 $683,100 $209,100 $474,000
2019 $4,998 $684,600 $210,600 $474,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rodger Rinehart

    J.F. Brown Real Estate Services

    (540) 464-1776

    3 in this area

    93 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    James Brown

    J.F. Brown Real Estate Services

    (540) 464-1776

    2 in this area

    6 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Joseph Vita

    Vita & Associates

    (540) 463-9551

    2 in this area

    33 Total Sales

    Section Image
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 132976

APN: 27 A 18 01

Virginia Rockbridge County Steeles Tavern 24472

490 Otterbein Farm Ln, Steeles Tavern, VA

This home is located at 490 Otterbein Farm Ln, Steeles Tavern, VA 24476 since 15 May 2018 and is currently estimated at $994,677, approximately $260 per square foot. This property was built in 2002. 490 Otterbein Farm Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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