NOT LISTED FOR SALE

502 N Main St Gordonsville, VA 22942

Estimated Value: $356,000 - $543,000

2 Beds
1 Bath
3,491 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $180,000 $52 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,610/month

141 Days on Market

Highlights

  • Guest House
  • Traditional Architecture
  • Circular Driveway
  • Second Kitchen
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of April 2017

This property boasts two separate dwellings. The first is a two-story home that has been converted into a duplex. Both sides have a rental history of $700 a month. The second dwelling is a small 2 bedroom cottage that also has a rental history of $700 a month. This property has good bones and can be converted into a single family dwelling.

Last Agent to Sell the Property

Keith Neeley

EXP Realty, LLC Listed on: 09/21/2016

EXP Realty, LLC

Last Buyer's Agent

Julie Kuhl

Remax Action Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1880

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Second Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • Property is zoned R2
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 000014058

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1
  • Year Built: 1880
  • Remarks Public: This property boasts two separate dwellings. The first is a two-story home that has been converted into a duplex. Both sides have a rental history of $700 a month. The second dwelling is a small 2 bedroom cottage that also has a rental history of $700 a month. This property has good bones and can be converted into a single family dwelling.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Guest House
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121141052477

Lot Info

  • Improvement Assessed Value: 146300.00
  • Land Assessed Value: 40000.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2012
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18828559
  • Tax Annual Amount: 1684.15
  • Assessor Parcel Number: 000014058
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3103
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 04/14/2017

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2023
Sold by
Capelle John Jason and Capelle Sonja
Bought by
Peterson Owen and Peterson Emily
Current Estimated Value
$442,186

Purchase Details

Listed on
Sep 21, 2016
Closed on
Apr 14, 2017
Sold by
Sheridan Ann P
Bought by
Capelle John Jason and Capelle Sonja
Seller's Agent
Keith Neeley
EXP Realty, LLC
Buyer's Agent
Julie Kuhl
Remax Action Real Estate
List Price
$230,000
Sold Price
$180,000
Premium/Discount to List
-$50,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$135,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2011
Sold by
Patina John P
Bought by
Patina John P
Source: Public Records

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
Peterson Owen $625,000 Chicago Title
Capelle John Jason $180,000 Chicago Title Insurance Co
Patina John P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capelle Sonja $373,500
Previous Owner Capelle John Jason $375,000
Previous Owner Capelle John Jason $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $180,000 -21.7% $52 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
09/21/2016 09/21/16 For Sale $230,000 -- $66 / Sq Ft
Source: Bright MLS

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 $2,462 $325,100 $50,000 $275,100
2023 $2,462 $325,100 $50,000 $275,100
2022 $2,462 $325,100 $50,000 $275,100
2021 $2,364 $328,300 $50,000 $278,300
2020 $2,364 $328,300 $50,000 $278,300
2019 $1,552 $209,100 $50,000 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002484282

Bright MLS

APN: 068-A2-01-31-0006-0