NOT LISTED FOR SALE

498 Mifarm Rd White Stone, VA 22578

Estimated Value: $1,821,000 - $2,308,000

4 Beds
3.5 Baths
3,723 Sq Ft
$545/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $1,330,000 $357 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,950/month

252 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Deck
  • Docks
  • Home fronts a creek
  • Contemporary Architecture

About This Home

As of March 2016

ABSOLUTELY STUNNING WATERFRONT ON PROTECTED COVE W/ VIEWS OUT TO THE CHESAPEAKE BAY-SUNRISES & AMAZING MOONS. BEACH, DEEP ANCHORAGE AT PIER, WATERFRONT POOL, FENCED AREA FOR HORSES. SPECTACULAR VIEWS W/ GLASS WALLS THROUGHOUT HOME. ALL ONE FLOOR LIVING, NICE & OPEN, HIGH CEILINGS, GOURMET KITCHEN & DINING AREA, LIVING ROOM W/ FIREPLACE, DEN/OFFICE, MASTER SUITE, NEW ADDITION OF GUEST SUITE W/ LOFT. DESIGNED FOR EXTENSIVE WATERFRONT VIEWS BY FAMED ARCHITECT HUGH NEWELL JACOBSEN. OWNER IS AN AGENT

Last Listed By

Katie and David Dew

IsaBell K. Horsley Real Estate License #0225069398 Listed on: 05/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 2004

Lot Details

  • Home fronts a creek
  • Property is Fully Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,723 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Schools

  • Lancaster Elementary And Middle School
  • Lancaster High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Radiant Heating System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 29 61A

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,339

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Property Attached Yn: No
  • Lot Size: 3.484 ACRES
  • Water Body Name: DYMER CREEK
  • Ownership: Individuals
  • Subdivision Name: NONE
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Built-In Oven, Dishwasher, Freezer, Refrigerator
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, Walk-In Closet(s), Window Treatments, Central Vacuum
  • Living Area: 3723.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Full
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Creek
  • Waterfront: Yes
  • Construction Type: Block, Drywall, HardiPlank Type
  • Exterior Features: Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Propane, Radiant
  • Cooling: Central Air, Electric
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel Number: 29 61A
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4339.0

MLS Schools

  • Elementary School: Lancaster
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Okun Scott A and Okun Sally N
Bought by
Okun Scott A and Okun Sally Neylan
Total Days on Market
252
Current Estimated Value
$2,029,053

Purchase Details

Listed on
May 4, 2015
Closed on
Mar 15, 2016
Sold by
Knull Kevin D and Knull Kirsten L
Bought by
Okun Scott A and Okun Sally N
Seller's Agent
Katie and David Dew
IsaBell K. Horsley Real Estate
Buyer's Agent
Sandra Huggins Hargett
VirginiaBay Properties, Inc.
List Price
$1,330,000
Sold Price
$1,330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$442,750
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2012
Closed on
Dec 3, 2013
Sold by
Gaenzle Christopher L
Bought by
Knull Kevin D
Seller's Agent
Sandra Huggins Hargett
VirginiaBay Properties, Inc.
Buyer's Agent
Ann Meekins
Ann Meekins, Realtors
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$850,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Okun Scott A -- None Available
Okun Scott A $1,330,000 Attorney
Knull Kevin D $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okun Scott A $510,400
Closed Okun Scott A $442,750
Closed Okun Scott A $754,250
Previous Owner Knull Kevin D $850,000
Previous Owner Gaenzle Christopher L $417,000
Previous Owner Gaenzle Christopher L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $1,330,000 0.0% $357 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
05/04/2015 05/04/15 For Sale $1,330,000 +2.3% $357 / Sq Ft
12/05/2013 12/05/13 Sold $1,300,000 0.0% $351 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
01/16/2012 01/16/12 For Sale $1,300,000 -- $351 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $7,117 $1,294,000 $442,200 $851,800
2023 $5,736 $910,500 $392,200 $518,300
2022 $5,736 $910,500 $392,200 $518,300
2021 $5,708 $906,000 $392,200 $513,800
2020 $5,708 $906,000 $392,200 $513,800
2019 $5,676 $901,000 $392,200 $508,800
2018 $4,741 $803,500 $371,200 $432,300
2017 $4,741 $803,500 $371,200 $432,300
2016 -- $803,500 $371,200 $432,300
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie and David Dew

    Seller's Agent in 2016

    Katie and David Dew

    IsaBell K. Horsley Real Estate

    (804) 436-6256

    331 Total Sales

    Katie and David Dew
    Section Image

  • S

    Buyer's Agent in 2016

    Sandra Huggins Hargett

    VirginiaBay Properties, Inc.

  • A

    Buyer's Agent in 2013

    Ann Meekins

    Ann Meekins, Realtors

    (804) 438-9303

    68 Total Sales

    Ann Meekins
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 117359

Chesapeake Bay & Rivers Association of REALTORS®

APN: 29-61A

Virginia Lancaster County White Stone 22578

498 Mifarm Rd, White Stone, VA

Homes for Sale in White Stone, VA

This home is located at 498 Mifarm Rd, White Stone, VA 22578 since 04 May 2015 and is currently estimated at $2,029,053, approximately $545 per square foot. This property was built in 2004. 498 Mifarm Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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