NOT LISTED FOR SALE

531 Hoover Rd Woodstock, VA 22664

Estimated Value: $329,000 - $539,326

12.57 Acres
$36,005 Price per Acre
547,549 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $500,000 $318 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,620/month

63 Days on Market

Highlights

  • Guest House
  • No HOA
  • Bank Barn
  • 12.57 Acre Lot
  • Crops Farm

About This Lot

As of November 2022

Prime location with potential annexation into the Town of Woodstock. 12.568+/- acres of gently rolling farm land improved by an older, two-story farmhouse, bank barn, various outbuildings, conventional septic and well. Only purchase contracts presented on VAR Form 650 will be considered.

Last Agent to Sell the Property

Mark Pangle

Pangle Real Estate and Auction Co, Inc. License #0225113416 Listed on: 07/12/2022

Last Buyer's Agent

Mark Pangle

Pangle Real Estate and Auction Co, Inc. License #0225113416 Listed on: 07/12/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,703

Lot Details

  • 12.57 Acre Lot
  • Property is zoned COUNTY A-1, Agricultural

Additional Homes

  • Guest House

Farming

  • Bank Barn
  • Crops Farm

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 058 A 035

Property Details

Property Type

Land

Est. Annual Taxes

$1,703

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Prime location with potential annexation into the Town of Woodstock. 12.568+/- acres of gently rolling farm land improved by an older, two-story farmhouse, bank barn, various outbuildings, conventional septic and well. Only purchase contracts presented on VAR Form 650 will be considered.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.19
  • Street Number Modifier: 531

Exterior Features

  • Other Structures List: Bank Barn, Guest House
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SHENANDOAH COUNTY PUBLIC SCHOOLS
  • School District Key: 121140308152
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 68400.00
  • Land Use Code: 2
  • Lot Features: Crops Reserved
  • Lot Size Acres: 12.57
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 547549.20
  • Possible Use: Development
  • Year Assessed: 2021
  • Zoning: COUNTY A-1
  • Zoning Description: Agricultural
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19713723
  • Tax Annual Amount: 1703.00
  • Assessor Parcel Number: 058 A 035
  • Tax Lot: 035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/29/2022

MLS Schools

  • School District Name: SHENANDOAH COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Dec 29, 2022
Sold by
Jones Rhonda R
Bought by
M & T Woodstock Investments Llc
Seller's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
Buyer's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
54
Current Estimated Value
$452,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,418
Avg. Annual Appreciation
-2.47%

Purchase Details

Listed on
Jul 12, 2022
Closed on
Nov 18, 2022
Sold by
Jones Rhonda R
Bought by
M & T Woodstock Investments Llc
Seller's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
Buyer's Agent
Mark Pangle
Pangle Real Estate and Auction Co, Inc.
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
54

Purchase Details

Closed on
Nov 16, 2016
Sold by
Ritenour Claudette K
Bought by
Jones Rhonda R and Hockman Connie S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
M & T Woodstock Investments Llc -- --
M & T Woodstock Investments Llc $500,000 Commonwealth Land Title
Jones Rhonda R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $500,000 -23.1% $318 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $650,000 -- $414 / Sq Ft
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 $1,850 $289,000 $172,700 $116,300
2024 $1,850 $289,000 $172,700 $116,300
2023 $1,734 $289,000 $172,700 $116,300
2022 $1,732 $298,700 $182,400 $116,300
2021 $1,703 $246,800 $178,400 $68,400
2020 $1,580 $246,800 $178,400 $68,400
2019 $1,580 $246,800 $178,400 $68,400
2018 $1,580 $246,800 $178,400 $68,400
2017 $1,481 $246,800 $178,400 $68,400
2016 $1,481 $246,800 $178,400 $68,400
2015 -- $323,300 $246,100 $77,200
2014 -- $323,300 $246,100 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VASH2003886

Bright MLS

APN: 058-A-035