NOT LISTED FOR SALE

5018 Spring Rd Patrick Springs, VA 24133

Estimated Value: $221,000

3 Beds
-- Bath
730 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 06, 2021

Last sale price $150,000 $205 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,267/month

168 Days on Market

Highlights

  • Barn
  • 25 Acre Lot
  • Farmhouse Style Home
  • Horses Allowed On Property
  • Deck
  • No HOA

About This Home

As of September 2021

2 Story Fixer-upper farm house located in Patrick County, Virginia. Owner was in the process of re-modeling the home. First Story: Kitchen, bathroom, living room and dining room have been torn out to be re-modeled. Second Story: 3 bedrooms. Side porch (7' x 13'). Back deck (11' x 38'). 2 car detached garage beside of the home (28' x 31') with personnel door. Pole building beside of garage (28' x 40'). Chicken coup (9' x 13'). 2 story log structure (20' x 17') with pole shed on North side of structure (12' x 20'). Pole shed on South side of log structure (26' x 20'). Last pole shed (36' x 20'). 25 acres. Land is level to rolling. Abundant wildlife-hunting. Horse barn (31' x 28') with run in shelter (28' x 14'). Nice stream running thru the property.

Last Agent to Sell the Property

Johnny Lambert

United Country Lambert Realty License #0225-050114 Listed on: 03/04/2021

Last Buyer's Agent

Karen Wilson

Five Star Mountain Realty License #0225058528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1920

Lot Details

  • 25 Acre Lot
  • Level Lot
  • Garden
  • Property is in good condition
  • Property is zoned n/a

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 3 Bedrooms
  • 730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Carpet
  • Crawl Space
  • Storm Windows

Outdoor Features

  • Deck
  • Porch

Schools

  • Patrick Springs Primary Elementary School
  • Hardin Reynolds Middle School
  • Patrick County High School

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Not Available
  • Spring water is a source of water for the property
  • No Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 25
  • Lot Size: 25
  • Directions: From Stuart, VA take 58 East for 4 miles. Turn left on Spring Road (Beside Patrick Springs Post Office). Go 4.8 Miles. Home on Right,
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: None, No Water Heater
  • Has Basement: Crawl Space
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Internet Availability Other/See Remarks
  • Living Area: 730
  • Window Features: Single Pane, Storm Window(s), No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Level
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Horses Allowed, Garden
  • Other Structures: Barn(s)
  • Patio And Porch Features: Open Deck, Porch Open
  • Property Condition: Exterior Condition: Good, Interior Condition: Fair
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Patrick Springs Primary
  • High School: Patrick County
  • Middle Or Junior School: Hardin Reynolds

Lot Info

  • Lot Size Sq Ft: 1089000
  • Zoning: n/a
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1365
  • Tax Map Number: 5113.00.107D
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Sep 2, 2021
Sold by
Law George E
Bought by
Miller Jonathan Brooks
Seller's Agent
Johnny Lambert
United Country Lambert Realty
Buyer's Agent
Karen Wilson
Five Star Mountain Realty
List Price
$199,000
Sold Price
$150,000
Premium/Discount to List
-$49,000
-24.62%
Current Estimated Value
$221,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,000
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Jan 10, 2018
Closed on
May 24, 2018
Sold by
Mortgage Equity Conversion Asset Trust 2
Bought by
Law George E
Seller's Agent
Cathy Spencer
The Spencer Group R.E. & Auction
Buyer's Agent
Edd Martin
EDD MARTIN AND ASSOCIATES REAL ESTATE
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%
Original Mortgage
$68,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2017
Sold by
Commonwealth Trustees Llc
Bought by
Mortgage Equity Conversion Asset Trust 2
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Miller Jonathan Brooks $150,000 Appalachian Title Co Inc
Law George E $85,000 Appalachian Title Co Inc
Mortgage Equity Conversion Asset Trust 2 $162,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law George E $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2021 09/06/21 Sold $150,000 -24.6% $205 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $199,000 +134.1% $273 / Sq Ft
06/15/2018 06/15/18 Sold $85,000 0.0% $54 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $85,000 -- $54 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $1,442 $197,600 $119,200 $78,400
2024 $1,442 $197,600 $119,200 $78,400
2023 $1,442 $197,600 $119,200 $78,400
2022 $1,442 $197,600 $119,200 $78,400
2021 $1,344 $197,600 $119,200 $78,400
2020 $1,365 $200,800 $119,200 $81,600
2019 $1,365 $200,800 $119,200 $81,600
2018 $1,145 $200,800 $119,200 $81,600
2017 -- $200,800 $119,200 $81,600
2016 $1,145 $200,800 $119,200 $81,600
2015 -- $200,800 $119,200 $81,600
2014 -- $221,200 $134,000 $87,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Johnny Lambert

    United Country Lambert Realty

    (276) 694-2646

    202 Total Sales

    Johnny Lambert
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Wilson

    Five Star Mountain Realty

    (276) 694-9952

    93 Total Sales

    Karen Wilson
    Section Image
  • Cathy Spencer

    Seller's Agent in 2018

    Cathy Spencer

    The Spencer Group R.E. & Auction

    (276) 732-8772

    395 Total Sales

    Cathy Spencer
    Section Image
  • Edd Martin

    Buyer's Agent in 2018

    Edd Martin

    EDD MARTIN AND ASSOCIATES REAL ESTATE

    (276) 952-5008

    167 Total Sales

    Edd Martin
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 77246

APN: 51130107D

Virginia Patrick County Patrick Springs 24133

5018 Spring Rd, Patrick Springs, VA

Not Listed for Sale

Detached

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