$1,300,000
SOLD DEC 5, 2013

498 Mifarm Rd White Stone, VA 22578

4 Beds
3.5 Baths
3,700 Sq Ft
3.48 Acres

Recently Sold

$351 Per Sq Ft

659 Days on Market

Highlights

  • Water Views
  • Home fronts a creek
  • Cathedral Ceiling
  • Docks
  • Deck
  • 1 Fireplace

About This Home

As of March 2016

Cove House located on 3.4 acre spectacular waterfront site on Dymer Creek with Chesapeake views offers southern exposure, 700+ feet of shoreline, large sailboat depth dock, pool and more. The 1998 Life Magazine's Dream House design by famed architect Hugh Newell Jacobsen offers visual excitement and livability in addition to walls of glass on the waterside of the home claiming the exquisite water views from most rooms.

Last Agent to Sell the Property

Sandra Huggins Hargett

VirginiaBay Properties, Inc. License #0225186742 Listed on: 01/16/2012

Last Buyer's Agent

Ann Meekins

Ann Meekins, Realtors License #0225129936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,117

Year Built

  • Built in 2003

Lot Details

  • Home fronts a creek
  • Cleared Lot

Parking

  • Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,700 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 1 Fireplace
  • Separate Formal Living Room
  • Water Views

Kitchen

  • Stove
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-61A

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,117

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Lot Size: 3.484 acres
  • Water Body Name: DYMER CREEK
  • Subdivision Name: NONE
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Freezer, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Cathedral Ceiling(s), Separate/Formal Dining Room, Central Vacuum
  • Living Area: 3700.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cleared
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Drywall, HardiPlank Type
  • Exterior Features: Dock
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Heating: Propane, Radiant
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Parcel Number: 29-61A
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

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
659
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
Source: Public Records

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $1,330,000 Attorney
Warranty Deed $1,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 Stand Alone Refi Refinance Of Original Loan
Closed $442,750 New Conventional
Closed $754,250 Credit Line Revolving
Previous Owner $850,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $400,000 Stand Alone Second
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
See All Agents

Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 107385

Chesapeake Bay & Rivers Association of REALTORS®

APN: 29-61A

Virginia Lancaster County White Stone 22578

498 Mifarm Rd, White Stone, VA

This home is located at 498 Mifarm Rd, White Stone, VA 22578 and is currently priced at $1,300,000, approximately $351 per square foot. This property was built in 2003. 498 Mifarm Rd is a home located in Lancaster County with nearby schools including Lancaster Primary School, Lancaster Middle School, and Lancaster High School.

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