NOT LISTED FOR SALE

523 Old Forge Way Madison, VA 22727

Estimated Value: $356,000

3 Beds
2 Baths
1,758 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2018

Last sale price $216,500 $123 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,144 / mo

45 Days on Market

Highlights

  • Pier or Dock
  • Community Lake
  • Deck
  • Lake Privileges
  • Clubhouse
  • Partially Wooded Lot

About This Home

As of May 2018

Price well below assessment! Custom built 3br/2ba home in Malvern of Madison. Open kitchen, dining, and great room floor plan. Large bedrooms and master bedroom with walk-in closet. Wrap around front and side porch and a rear deck off the sun/sitting room. Attached two car garage and two outbuildings all on a nice private 3.095 acre lot.

Last Agent to Sell the Property

Ann Beverlin

(540) 692-9378 marie.emt32@gmail.com Compass West Realty, LLC License #0225224279 Listed on: 01/19/2018

Compass West Realty, LLC

Last Buyer's Agent

Ryland Payne

(540) 735-2600 kbreen@coldwellbanker.com Coldwell Banker Elite License #0225082908

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 2002

Lot Details

  • 3.09 Acre Lot
  • Privacy Fence
  • The property's topography is level
  • Partially Wooded Lot
  • Property is zoned A1

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,758 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Great Room
  • Sitting Room
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Deck
  • Shed
  • Storage Shed
  • Wrap Around Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Conditioner is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 233
  • Assessor Parcel Number 49- -5- -233

Community Details

Overview

  • Malvern Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Pier or Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 2002

Lot Details

3.09 Acres

HOA Fees

$46 per month

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: Main
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom
  • Window Features: Double Pane
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Great Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1758
  • Living Area Sq Ft: 1758
  • Price Per Sq Ft: 124.57
  • Above Grade Finished Sq Ft: 1758
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Shed Shop, Storage Barn/Shed
  • Other Structures List: Shed Shop, Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Road Surface Type: Paved
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Lake, Picnic Area, Pool - Outdoor, Pier/Dock, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 171500.00
  • Land Assessed Value: 80900.00
  • Lot Features: Partly Wooded, Private
  • Lot Size Acres: 3.09
  • Lot Size Area: 134818
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 134818.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Attached Yn: No
  • Topography: Level
  • Zoning: A1

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16269727
  • Tax Annual Amount: 1716.32
  • Assessor Parcel Number: 49- -5- -233
  • Tax Lot: 233
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Bought by
Current Estimated Value
$356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,918
Interest Rate
3.25%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 19, 2018
Closed on
Apr 23, 2018
Sold by
Bought by
Seller's Agent
Ann Beverlin
Compass West Realty, LLC
Buyer's Agent
Ryland Payne
Coldwell Banker Elite
List Price
$225,000
Sold Price
$216,500
Premium/Discount to List
-$8,500
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,675
Interest Rate
4.45%
Mortgage Type
Construction
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$252,500 Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Closed $205,675
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $216,500 -1.1% $123 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $219,000 -2.7% $125 / Sq Ft
01/19/2018 01/19/18 For Sale $225,000 -- $128 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,102 $412,200 $93,800 $318,400
2024 $1,978 $267,300 $79,600 $187,700
2023 $1,978 $267,300 $79,600 $187,700
2022 $1,978 $267,300 $79,600 $187,700
2021 $1,978 $267,300 $79,600 $187,700
2020 $1,898 $267,300 $79,600 $187,700
2019 $1,716 $267,300 $79,600 $187,700
2018 $1,716 $252,400 $80,900 $171,500
2017 -- $252,400 $80,900 $171,500
2016 -- $252,400 $80,900 $171,500
2015 -- $252,400 $80,900 $171,500
2014 -- $252,400 $80,900 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004552341

Bright MLS

APN: 49-5-233

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