NOT LISTED FOR SALE

517 Green Spring Rd Ararat, VA 24053

Estimated Value: $268,000 - $383,000

1 Bed
1.5 Baths
1,080 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $306,241 $284 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,714/month

25 Days on Market

Highlights

  • 1,463,616 Sq Ft lot
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Spring on Lot
  • Main Floor Bedroom

About This Home

As of December 2024

This charming 1,020 sq ft country-style home, beautifully situated on 33.62 acres, offers stunning long-range views of Lowgap, Fisher's Peak, Fancy Gap, and glimpses of Mt. Airy and Cana, NC. From the side, enjoy vistas of Hanging Rock, Pilot Mountain, and Sauratown in NC, while the mountain's peak at the back of the property reveals breathtaking views of Doe Run, the Blue Ridge Parkway, and the Stuart, VA area. Located just five miles from the Parkway, this property combines convenience with the serenity of country living. The home's main level welcomes you with a spacious foyer, a modern kitchen with cherry cabinetry and marble countertops, and a cozy living room complete with a wood stove. The main-floor bedroom features rich Brazilian cherry wood floors, while the en-suite bath offers added elegance. Additional main-floor amenities include a laundry/storage room, half bath, and a potential second bedroom conversion in the laundry area. With a 30' x 34' footprint, this home boasts a delightful porch wrapping around three sides—perfect for soaking in the gorgeous scenery. A 20' x 20' metal garage building with a concrete floor provides secure storage and workspace. The property includes a sturdy 3' crawl space foundation, underground electric service from the state road, and frontage on a state-maintained gravel road. Outdoors, approximately 5 acres of fenced pasture are ideal for horses, Abundant wildlife - hunting. Walking Trails or riding trails.

Last Agent to Sell the Property

Johnny Lambert

United Country-Lambert Realty Brokerage Phone: 2766942646 License #0225050114 Listed on: 11/18/2024

Last Buyer's Agent

Johnny Lambert

United Country-Lambert Realty Brokerage Phone: 2766942646 License #0225050114 Listed on: 11/18/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 33.6 Acre Lot
  • Hunting Land
  • Fenced

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Wood Flooring
  • Crawl Space
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spring on Lot
  • Deck
  • Outbuilding
  • Porch

Farming

  • Pasture

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Ararat Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

33.6 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Ararat
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2017
  • Attribution Contact: 2766942646
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Other Equipment: No Farm Equipment
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning Stove, Electric, Wood
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1080
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Hunting, Pasture, Views
  • Waterfront Features: Spring
  • Home Warranty: No
  • Construction Type: Metal Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Garage, Detached, Gravel Drive
  • Total Parking Spaces: 1

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Underground Utilities, Utilities On
  • Water Source: Private, Well

Lot Info

  • Lot Size Sq Ft: 1463616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 16, 2024
Sold by
Gomia Christopher M and Gomia Christine M
Bought by
Gianacakos George L and Gianacakos Sharon L
Seller's Agent
Johnny Lambert
United Country-Lambert Realty
Buyer's Agent
Johnny Lambert
United Country-Lambert Realty
List Price
$260,999
Sold Price
$306,241
Premium/Discount to List
$45,242
17.33%
Views
81
Current Estimated Value
$316,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,193
Avg. Annual Appreciation
2.72%

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jun 19, 2020
Sold by
Oakley Susan H and Marcella Oakley Harold Amelia
Bought by
Gomia Christopher M and Gomia Christine M
Seller's Agent
Johnny Lambert
United Country Lambert Realty
Buyer's Agent
Johnny Lambert
United Country Lambert Realty
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$186,459
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records
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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
Gianacakos George L $306,241 Appalachian Title
Gomia Christopher M $189,900 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomia Christopher M $186,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $306,241 +17.3% $284 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $260,999 +38.1% $242 / Sq Ft
07/10/2020 07/10/20 Sold $189,000 -5.0% $185 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $199,000 -- $195 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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
2025 $1,022 $140,000 $64,800 $75,200
2024 $1,022 $140,000 $64,800 $75,200
2023 $1,022 $140,000 $64,800 $75,200
2022 $1,022 $140,000 $64,800 $75,200
2021 $952 $140,000 $64,800 $75,200
2020 $920 $135,300 $64,800 $70,500
2019 $920 $135,300 $64,800 $70,500
2018 $667 $117,000 $64,800 $52,200
2017 -- $54,500 $54,500 $0
2016 $311 $54,500 $54,500 $0
2015 -- $54,500 $54,500 $0
2014 -- $60,500 $60,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 144246

APN: 39110125A

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