NOT LISTED FOR SALE

506 Meander Run Rd Locust Dale, VA 22948

Estimated Value: $667,000 - $745,000

4 Beds
4 Baths
-- Sq Ft
18.38 Acres

Last Sold August 24, 2017

Last sale price $365,000

Est. 91% increase in value since last sale

Current estimated payment $3,951/month

305 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Fireplace
  • Rambler Architecture
  • Main Floor Bedroom
  • No HOA

About This Home

As of August 2017

Stately home with mountain views from front porch. Formal living room and dining room, kitchen with breakfast area with bay window overlooking back yard with beautiful trees and plantings. Owner's suite on main level. Hardwood floors. Private upper level bedroom. Basement with fireplace, full bath, and unfinished area perfect to expand living area. No HOA.

Last Agent to Sell the Property

Norma Gibbs

(540) 229-9026 njgreal@aol.com Long & Foster Real Estate, Inc. License #0225136110 Listed on: 09/25/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brandon Carroll

(703) 861-6016 brandoncrealestate@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1994

Lot Details

  • 18.38 Acre Lot
  • Property is in very good condition
  • Property is zoned A1FP

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Basement

  • Connecting Stairway
  • Side Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by SHUMAN BUILDERS
  • Meander Run Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 52- - - -15

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Dryer, Microwave, Oven/Range - Gas
  • Interior Amenities: Kitchen - Country, Entry Level Bedroom, Primary Bath(s), Wood Floors
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Side Entrance, Connecting Stairway
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 247300.00
  • Land Assessed Value: 202700.00
  • Lot Size Acres: 18.38
  • Lot Size Area: 800459
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 800459.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: A1FP

Building Info

  • Builder Name: SHUMAN BUILDERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16270052
  • Tax Annual Amount: 3060.00
  • Assessor Parcel Number: 52- - - -15
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2016
Closed on
Aug 24, 2017
Sold by
Lampman Linda
Bought by
Cutright Andrew C and Cutright Aimee M
Seller's Agent
Norma Gibbs
Long & Foster Real Estate, Inc.
Buyer's Agent
Brandon Carroll
Samson Properties
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$695,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,759
Avg. Annual Appreciation
8.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cutright Andrew C $365,000 Blue Ridge Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $365,000 -8.5% --
07/27/2017 07/27/17 Pending -- -- --
05/05/2017 05/05/17 Price Changed $399,000 -6.1% --
09/25/2016 09/25/16 For Sale $425,000 -- --
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
2025 $3,444 $675,300 $206,000 $469,300
2024 $3,010 $406,800 $138,900 $267,900
2023 $3,010 $406,800 $138,900 $267,900
2022 $3,010 $406,800 $138,900 $267,900
2021 $3,010 $406,800 $138,900 $267,900
2020 $2,888 $406,800 $138,900 $267,900
2019 $3,060 $406,800 $138,900 $267,900
2018 $3,060 $450,000 $202,700 $247,300
2017 $3,060 $450,000 $202,700 $247,300
2016 -- $450,000 $202,700 $247,300
2015 -- $450,000 $202,700 $247,300
2014 -- $450,000 $202,700 $247,300
Source: Public Records

Agents Affiliated with this Home

  • Norma Gibbs

    Seller's Agent in 2017

    Norma Gibbs

    Long & Foster

    (540) 229-9026

    47 Total Sales

    Norma Gibbs
    Section Image
  • Brandon Carroll

    Buyer's Agent in 2017

    Brandon Carroll

    Samson Properties

    (703) 861-6016

    73 Total Sales

    Brandon Carroll
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000402635

Bright MLS

APN: 52-15

Virginia Madison County Locust Dale 22948

506 Meander Run Rd, Locust Dale, VA

Not Listed for Sale

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