$1,750,000
SOLD NOV 10, 2015

5488 Hopewell Rd The Plains, VA 20198

160 Acres
$10,938 Price per Acre
6,969,600 Sq Ft Lot

Recently Sold

32% Below List Price

337 Days on Market

Highlights

  • Guest House
  • 160 Acre Lot
  • No HOA

About This Lot

As of November 2015

Rockley Farm, approximately 160 acres, in a superb location just outside of the village of The Plains in the heart of hunt country. In conservation easement, high, mostly open and rolling land with lovely views, good water sources, barns and charming c.1735 cabin. Property to be conveyed in 1 parcel.

Last Agent to Sell the Property

Chris Malone

Chris Malone Real Estate License #0225177796 Listed on: 10/01/2014

Last Buyer's Agent

Helen MacMahon

Sheridan-MacMahon Ltd.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,624

Lot Details

  • 160 Acre Lot
  • No Building Permits
  • Property is zoned RA

Additional Homes

  • Guest House

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7000-03-2752

Property Details

Property Type

Land

Est. Annual Taxes

$2,624

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Hunting
  • New Construction: No
  • Remarks Public: Rockley Farm, approximately 160 acres, in a superb location just outside of the village of The Plains in the heart of hunt country. In conservation easement, high, mostly open and rolling land with lovely views, good water sources, barns and charming c.1735 cabin. Property to be conveyed in 1 parcel.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.28
  • Street Number Modifier: 5488

Exterior Features

  • Other Structures List: Barn/Stable, 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: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 69200.00
  • Lot Size Acres: 160.00
  • Lot Size Area: 6969600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6969600.00
  • Possible Use: Agriculture, Hunting, Recreational, Livestock
  • Year Assessed: 2014
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17096973
  • Tax Annual Amount: 2623.84
  • Assessor Parcel Number: 7000-03-2752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 11/10/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
Gst Builders Llc
Bought by
Scott Thomas Brian Christopher and Scott Thomas Gregory
Current Estimated Value
$1,307,772

Purchase Details

Listed on
Oct 24, 2014
Closed on
Nov 10, 2015
Sold by
Turner Charles G
Bought by
Gst Builders Llc
Seller's Agent
Chris Malone
Chris Malone Real Estate
Buyer's Agent
Helen MacMahon
Sheridan-MacMahon Ltd.
List Price
$2,560,000
Sold Price
$1,750,000
Premium/Discount to List
-$810,000
-31.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.49%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $1,750,000 Title Solutions Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Unknown
Previous Owner $140,000 Credit Line Revolving
Previous Owner $267,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2015 11/10/15 Sold $1,750,000 0.0% --
11/10/2015 11/10/15 Sold $1,750,000 -9.1% --
09/03/2015 09/03/15 Pending -- -- --
09/03/2015 09/03/15 Pending -- -- --
08/17/2015 08/17/15 Price Changed $1,925,000 -3.8% --
05/29/2015 05/29/15 Price Changed $2,000,000 -10.7% --
02/12/2015 02/12/15 Price Changed $2,240,000 -12.5% --
10/24/2014 10/24/14 For Sale $2,560,000 0.0% --
10/01/2014 10/01/14 For Sale $2,560,000 -- --
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 $2,951 $305,200 $171,700 $133,500
2024 $2,892 $305,200 $171,700 $133,500
2023 $2,770 $305,200 $171,700 $133,500
2022 $2,770 $305,200 $171,700 $133,500
2021 $3,203 $320,900 $228,500 $92,400
2020 $3,203 $320,900 $228,500 $92,400
2019 $3,203 $320,900 $228,500 $92,400
2018 $3,165 $320,900 $228,500 $92,400
2016 $2,762 $264,500 $195,300 $69,200
2015 -- $264,500 $195,300 $69,200
2014 -- $264,500 $195,300 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003218288

Bright MLS

APN: 7000-03-2752