NOT LISTED FOR SALE

5327 Runkles Gap Rd Elkton, VA 22827

Estimated Value: $566,000 - $975,401

3 Beds
2.5 Baths
2,168 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $500,000 $231 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,401/month

165 Days on Market

Highlights

  • Barn
  • Outdoor Pool
  • 48.95 Acre Lot
  • Horses Allowed On Property
  • Panoramic View
  • Farm

About This Home

As of August 2020

Panoramic views in every direction welcome you to this beautiful 48+ acres where the possibilities are endless. The property is horse ready and is improved by a 36 x 80 horse barn with water, electric, 4 stalls and hay storage. There is also a large riding ring as well as several fenced in areas for grazing. On those hot summer days enjoy a fun filled day by the large in ground pool and finish off the evening watching the sun set from the oversized front porch.

Last Agent to Sell the Property

Kenneth Hensley

Hensley Realty Group LLC License #0225050523 Listed on: 01/19/2020

Last Buyer's Agent

BRIANE HUMPHREYS

KLINE & CO. REAL ESTATE License #0225231873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,923

Year Built

  • 1991

Lot Details

  • 48.95 Acre Lot
  • Partially Fenced Property
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned A-2 Agricultural General

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Panoramic Views
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Outdoor Pool
  • Storage Shed

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 51165-113-(A)-L76

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,923

Year Built

1991

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2168
  • Animal: Domestic Pets, Horses
  • Below Grade Total Sq Ft: 673
  • Design: Traditional
  • L V T Date: 01/19/2020
  • Parcel Number: 51165-113-(A)-L76
  • Price Per Sq Ft: 230.63
  • Total Sq Ft: 3405
  • Total Unfinished Sq Ft: 1237
  • Type of Construction: On Site Built
  • Zoning: A-2 Agricultural General
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Unfinished Below Grade Sq Ft: 673
  • Fireplace: One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Inside Access, Unfinished
  • Total Finished Sq Ft: 2168
  • Above Grade Finished Sq Ft: 2168
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Cabinets Counters: Birch Cabinets
  • Land Description: Farm, Garden Spot, Nearly Level, Partly Cleared, Partly Wooded
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number Beds: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types Level1: Dining Room (L1), Family Room (L1), Foyer (L1), Garage Apt. (L1), Half Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bathroom (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Partially Fenced
  • Exterior: Cedar
  • Farm Features: Barn(s), Outdoor Riding Arena, Paddock, Stable, Tack Room
  • Number Of Acres: 48.95
  • Pool: Yes
  • Pool: Private
  • Roof: Composition Shingle
  • Structure Deck Porch: Porch - Front
  • View: Panoramic View
  • Yard: Fenced, Nearly Level

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 564
  • Garage Features: Attached, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 564

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: River Bend
  • Middle School: Elkton
  • High School: East Rockingham

Lot Info

  • Lot Features: Barn, Fenced Part, Garden Space, Horses, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Aug 12, 2020
Sold by
Schwister Michael J
Bought by
Lafkin Elizabeth H
Seller's Agent
Kenneth Hensley
Hensley Realty Group LLC
Buyer's Agent
BRIANE HUMPHREYS
KLINE & CO. REAL ESTATE
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$768,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,350
Avg. Annual Appreciation
8.67%
Original Mortgage
$400,000
Outstanding Balance
$354,828
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$413,522

Purchase Details

Closed on
Jul 27, 2005
Sold by
Knicely Alan Lee and Knicely Patricia W
Bought by
Schwister Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Knicely Alan Lee and Knicely Patricia W
Bought by
Lam Mitchell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lafkin Elizabeth H $500,000 Stewart Title Guaranty Co
Schwister Michael J $525,000 None Available
Lam Mitchell W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafkin Elizabeth H $400,000
Previous Owner Schwister Michael J $420,000
Previous Owner Lam Mitchell W $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $500,000 -9.1% $231 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $550,000 -- $254 / Sq Ft
Source: Harrisonburg-Rockingham 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 $3,923 $576,900 $250,800 $326,100
2024 $3,923 $576,900 $250,800 $326,100
2023 $3,923 $576,900 $250,800 $326,100
2022 $3,923 $576,900 $250,800 $326,100
2021 $3,534 $477,500 $250,800 $226,700
2020 $3,534 $477,500 $250,800 $226,700
2019 $3,534 $477,500 $250,800 $226,700
2018 $3,534 $477,500 $250,800 $226,700
2017 $3,491 $471,800 $250,800 $221,000
2016 $3,303 $471,800 $250,800 $221,000
2015 $3,161 $471,800 $250,800 $221,000
2014 $3,020 $471,800 $250,800 $221,000
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Hensley

    Seller's Agent in 2020

    Kenneth Hensley

    Hensley Realty Group LLC

    (540) 476-0768

    2 in this area

    32 Total Sales

    Kenneth Hensley
    Section Image
  • BRIANE HUMPHREYS

    Buyer's Agent in 2020

    BRIANE HUMPHREYS

    KLINE & CO. REAL ESTATE

    (540) 688-9786

    24 Total Sales

    BRIANE HUMPHREYS
    Section Image
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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 599178

Harrisonburg-Rockingham Association of REALTORS®

APN: 113-A-L76

Virginia Rockingham County Elkton 22827

5327 Runkles Gap Rd, Elkton, VA

This home is located at 5327 Runkles Gap Rd, Elkton, VA 22827 since 19 January 2020 and is currently estimated at $768,350, approximately $354 per square foot. This property was built in 1991. 5327 Runkles Gap Rd is a home located in Rockingham County with nearby schools including River Bend Elementary School, Elkton Middle School, and East Rockingham 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.

Harrisonburg-Rockingham 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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