NOT LISTED FOR SALE

5018 Spring Rd Patrick Springs, VA 24133

Estimated Value: $233,000

3 Beds
-- Bath
730 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2021

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

Est. 55% increase in value since last sale

Current estimated payment $1,384 / mo

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

25 Acres

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
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,000
Avg. Annual Appreciation
9.15%

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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,442 $197,600 $119,200 $78,400
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

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 77246

APN: 51130107D

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