NOT LISTED FOR SALE

509 Panamint Woods Rd Louisa, VA 23093

Estimated Value: $624,000 - $700,000

3 Beds
2.5 Baths
2,800 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $574,000 $205 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,821/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Cathedral Ceiling
  • Louisa County Middle School Rated A-
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of April 2023

This elegant log home on nearly 6 acres of land, deep in the heart of Central Virginia, is a luxurious take on country living. Wraparound porches capture breathtaking views of the peaceful outdoors. This custom built home is surrounded by large mature trees for a very private setting, lush landscaping, paved driveway & detailed hardscaping. You’ll even find a creek running through the back of this country escape. Relax & unwind in over 2,800 Sqft including refined timber finishes throughout the entire home, which has 3 BDRMS, 2.5 BTHS & a finished walkout basement. The grand cathedral ceilings in the main room are punctuated by the soaring stone-covered chimney rising high above the wood stove fireplace. The timber-clad country kitchen should be featured in Southern Living Magazine, showcasing a timber-detailed island with cooktop, long bar seating area, wall oven & large bay windows through which the morning sunlight pours. Master suite has a stone accent wall & private balcony. 2-car detached garage, 30x40 drive through metal shed with a lean-to, tool shed & a storage shed. 30 amp hookup for a camper & a generator hookup. Convenient location to Town of Louisa & Lake Anna!

Last Agent to Sell the Property

Grayson Hoffman

Lake Anna Island Realty License #0225236765 Listed on: 02/09/2023

Last Buyer's Agent

Billy Mathis

United Real Estate Richmond License #0225229752

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1996

Lot Details

  • 5.82 Acre Lot
  • Home fronts a stream
  • Landscaped

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stone Fireplace
  • Bay Window
  • Sliding Doors
  • Insulated Doors
  • Dining Area

Kitchen

  • Built-In Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Trevilians Elementary School
  • Louisa Middle School
  • Louisa High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Vented Exhaust Fan
  • Generator Hookup
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26 8 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,592

Year Built

Built in 1996

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Property Attached Yn: No
  • Lot Size Acres: 5.82
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Cape Cod, Log Home
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Full, Interior Entry, Walk-Out Access
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Smooth Cooktop, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1120.0
  • Door Features: Insulated Doors, Sliding Doors
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Double Vanity, High Ceilings, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Solid Surface Counters, Walk-In Closet(s)
  • Living Area: 2800.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Lot Features: Landscaped
  • Pool Features: None
  • Waterfront Features: Stream
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Log, Concrete, Wood Siding
  • Exterior Features: Deck, Lighting, Out Building(s), Porch, Storage, Shed, Paved Driveway
  • Other Structures: Garage(s), Shed(s), Storage, Outbuilding
  • Patio And Porch Features: Balcony, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Garage Door Opener, Oversized, Paved, Two Spaces, Workshop in Garage

Utilities

  • Heating: Electric, Heat Pump, Wood, Wood Stove
  • Cooling: Central Air, Electric
  • Electric: Generator Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Middle Or Junior School: Louisa

Lot Info

  • Parcel Number: 26 8 10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3592.0

MLS Schools

  • Elementary School: Trevilians
  • High School: Louisa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 3, 2023
Sold by
Johnson Ernest L and Johnson Karen S
Bought by
Mark A And Marie A Mays Living Trust
Seller's Agent
Grayson Hoffman
Lake Anna Island Realty
Buyer's Agent
Billy Mathis
United Real Estate Richmond
List Price
$574,000
Sold Price
$574,000
Views
133
Current Estimated Value
$656,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,951
Avg. Annual Appreciation
5.25%
Original Mortgage
$516,600
Outstanding Balance
$500,882
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$156,069
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
Mark A And Marie A Mays Living Trust $574,000 Terrys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark A And Marie A Mays Living Trust $516,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $574,000 0.0% $205 / Sq Ft
04/06/2023 04/06/23 Sold $574,000 0.0% $205 / Sq Ft View Prior Sale
02/20/2023 02/20/23 Pending -- -- --
02/20/2023 02/20/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $574,000 0.0% $205 / Sq Ft
02/09/2023 02/09/23 For Sale $574,000 -- $205 / Sq Ft
Source: Central Virginia Regional 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 $4,193 $510,500 $58,000 $452,500
2024 $4,193 $582,300 $53,200 $529,100
2023 $3,748 $548,000 $49,600 $498,400
2022 $3,592 $498,900 $47,200 $451,700
2021 $1,474 $339,500 $44,800 $294,700
2020 $2,355 $327,100 $44,800 $282,300
2019 $2,166 $300,800 $44,800 $256,000
2018 $2,111 $293,200 $44,800 $248,400
2017 $1,687 $283,300 $43,600 $239,700
2016 $1,687 $234,300 $43,600 $190,700
2015 $1,605 $222,900 $43,600 $179,300
2013 -- $213,300 $46,100 $167,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2302981

Central Virginia Regional MLS

APN: 26-8-10