NOT LISTED FOR SALE

51 Farm Folly Ln Cumberland, VA 23040

Estimated Value: $423,000 - $756,143

4 Beds
3 Baths
2,489 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $726,100 $292 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,591/month

19 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Central Air
  • 64.77 Acre Lot
  • Wood Burning Stove
  • Storm Doors

About This Home

As of April 2024

This beauty is ready for its new family!! Don't miss out on this well maintained two story home (2,489 sq. ft.) that includes 4 bedrooms and 3 full bathrooms. This gorgeous property is set-up for livestock, which includes a 3 stall horse barn with lean-to (42'x48'), hay barn (48'x66'), 10-acres of fenced pasture, 3 waterers and a bored well in the pasture. Great place to hunt, trail ride or take walks along Banbrook Creek, while enjoying natures beauty. This property also includes lovely gardens, a Koi pond and mature fruit trees around the house. The landscaping is a must see! If tranquility is what you seek, this is your dream place. It is situated on 64.77-acres (4-separate parcels) of level to gently rolling topography, adjacent to the Cumberland State Forest allowing for privacy, yet you can enjoy being 25 minutes from Powhatan and Farmville. Or to Bear Creek State Park or the quaint town of Cumberland in 5 minutes.

Last Agent to Sell the Property

Brian Wilson

Yoder Properties, Inc. Brokerage Phone: 4343913737 License #0225201657 Listed on: 02/09/2024

Last Buyer's Agent

Ronald Wooddell

Coldwell Banker, Lafoon Realty License #0225229872

Coldwell Banker, Lafoon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1988

Lot Details

  • 64.77 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Fenced

Home Design

  • Permanent Foundation
  • Block Foundation
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,489 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Double Hung Windows
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,611

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Attribution Contact: 4343913737
  • Prop. Type: Residential
  • Year Built: 1988
  • Property Sub Type: Residential
  • Lot Size Acres: 64.77
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Stick Built
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer, Dryer, Electric Water Heater
  • Has Basement: Crawl Space
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2489
  • Window Features: Double Hung, Vinyl

Exterior Features

  • Roof: Composition, Asphalt
  • Fencing: Fenced
  • Lot Features: Acreage Range (50 to 99)
  • Waterfront Features: Pond, Creek
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Permanent
  • Patio And Porch Features: Deck

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, No Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump, Wood
  • Laundry Features: First Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 2821381.2
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 18, 2024
Sold by
Switzer Dennis L and Switzer Joan P
Bought by
James Lawrence D
Seller's Agent
Brian Wilson
Yoder Properties, Inc.
Buyer's Agent
Ronald Wooddell
Coldwell Banker, Lafoon Realty
List Price
$699,900
Sold Price
$726,100
Premium/Discount to List
$26,200
3.74%
Views
58
Current Estimated Value
$635,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,488
Avg. Annual Appreciation
-11.47%
Original Mortgage
$750,061
Outstanding Balance
$741,767
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
-$124,313
Source: Public Records

Range of Values:

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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
James Lawrence D $726,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Lawrence D $750,061
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Off Market $699,900 -- --
04/18/2024 04/18/24 Sold $726,100 +3.7% $292 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/25/2024 02/25/24 Off Market $699,900 -- --
02/09/2024 02/09/24 For Sale $699,900 -- $281 / Sq Ft
Source: South Central Association of REALTORS®

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 $2,611 $435,120 $123,000 $312,120
2024 $2,561 $435,120 $123,000 $312,120
2023 $2,517 $335,640 $104,320 $231,320
2022 $2,517 $335,640 $104,320 $231,320
2021 $2,774 $335,640 $104,320 $231,320
2020 $2,321 $335,640 $104,320 $231,320
2019 $2,043 $295,500 $100,610 $194,890
2018 $2,043 $295,500 $100,610 $194,890
2017 $2,043 $295,500 $100,610 $194,890
2016 $2,043 $295,500 $100,610 $194,890
2015 -- $295,500 $100,610 $194,890
2014 -- $282,830 $100,610 $182,220
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brian Wilson

    Yoder Properties, Inc.

    (434) 315-4667

    2 in this area

    42 Total Sales

    Section Image
  • Ronald Wooddell

    Buyer's Agent in 2024

    Ronald Wooddell

    Coldwell Banker, Lafoon Realty

    (434) 390-8706

    4 in this area

    103 Total Sales

    Section Image
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Map

Source: South Central Association of REALTORS®

MLS Number: 52337

South Central Association of REALTORS®

APN: 041 A 1

Virginia Cumberland County Cumberland 23040

51 Farm Folly Ln, Cumberland, VA

This home is located at 51 Farm Folly Ln, Cumberland, VA 23040 since 09 February 2024 and is currently estimated at $600,786, approximately $241 per square foot. This property was built in 1988. 51 Farm Folly Ln is a home located in Cumberland County with nearby schools including Cumberland Elementary School, Cumberland Middle School, and Cumberland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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