NOT LISTED FOR SALE

5536 Free State Rd Marshall, VA 20115

Estimated Value: $1,509,000 - $1,795,636

4 Beds
6 Baths
4,546 Sq Ft
$363/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $1,540,000 $339 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,271/month

About This Home

Spectacular views and location, now on reconfigured acreage! Welcome to Swain Mountain Farm! Enjoy your own private mountaintop oasis in the heart of hunt country, while living only 3 miles from Route 66, and 4 miles from downtown Marshall! This wonderful fully renovated, custom-built estate is only an hour from Washington D.C. (45 mins to Dulles airport), with convenient access to Middleburg, Marshall, and Warrenton. Located within the Warrenton fox hunting territory.
A long private driveway escorts you to the very top of Swains Mountain where you will find absolutely majestic, panoramic Blue Ridge views of peaks such as Big and Little Cobbler Mountain, Old Rag, plus many more! This 4 Bedroom, 5.5 bathroom home is at an elevation of 983 feet, one of the tallest peaks in Virginia.
As you pull up to the home, you’ll notice the brand new circular driveway with plenty of parking space, and a spectacular porch that wraps around the exterior, allowing you to enjoy the view during the day, and star gaze at night.
Upon entering the home, on the main floor you’re greeted by a spacious foyer with plenty of storage space, three-piece crown molding, and 10-foot tall ceilings throughout the main floor. To your left, there is a family room with a beautiful white washed brick fireplace. To your right, you’ll find the formal dining room, with a double sided stone fireplace.
Continue beyond the dining room to the morning coffee room and a custom kitchen, which features granite countertops and a high-end Aga range. Both rooms feature dramatic mountain views and porch access for lovely indoor-outdoor living.
On the main floor, you will also find the spacious Master Bedroom with a stunning en suite bathroom and a large walk-in closet.

On the second floor, you’ll find a second master bedroom with an en suite bathroom and a walk in closet, along with two more bedrooms (each with their own en suite bathroom).
The basement includes a recently finished bonus room (workout room, office, etc), plus a den with a fireplace and a bar area that includes a mini-fridge, dish washer, and wine rack. There is another full bathroom in the basement along with a one car garage, a laundry room, and a utility room.
This home also has a generator with an automatic transfer switch.

This property is comprised of 3 parcels in total: GPIN#'s 6947-98-2287 (58.59 acres); 6947-87-8203 (5 acres); & 6947-98-6323 (3.9922 acres) Totaling 67.58 acres.

This property has tremendous potential easement or development value, as it is composed of 3 buildable parcels.

Additional adjacent acreage available.

Enjoy trails on the property to hike, bike, hunt, or take a trail ride.

Agent is related to seller.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Feb 28, 2023
Sold by
Wolf Investment Company Llc
Bought by
James Edwin Christopher Revocable Trust and Jill Gurganus Christopher Revocable Trust
Seller's Agent
Isabella Wolf
Thomas and Talbot Estate Properties, Inc.
Buyer's Agent
Juan Piniella
LPT Realty, LLC
List Price
$2,695,000
Sold Price
$1,540,000
Premium/Discount to List
-$1,155,000
-42.86%
Views
75
Current Estimated Value
$1,652,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,318
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 21, 2022
Sold by
Toby L Brown Trust
Bought by
Wolf Investment Company Llc
Seller's Agent
Edward Wright
Wright Realty, Inc.
Buyer's Agent
Isabella Wolf
Thomas and Talbot Estate Properties, Inc.
List Price
$1,625,000
Sold Price
$1,525,000
Premium/Discount to List
-$100,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$1,220,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2020
Sold by
Brown Toby Louis
Bought by
The Fauquier Bank and The Toby L Brown Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
James Edwin Christopher Revocable Trust $1,540,000 --
Wolf Investment Company Llc $1,525,000 Commonwealth Land Title
Wolf Investment Company Llc $1,525,000 Commonwealth Land Title
The Fauquier Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolf Investment Company Llc $1,220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Sold $1,540,000 -14.4% $339 / Sq Ft View Prior Sale
09/15/2022 09/15/22 Price Changed $1,799,000 -2.7% $396 / Sq Ft
07/01/2022 07/01/22 Price Changed $1,849,500 -7.3% $407 / Sq Ft
06/01/2022 06/01/22 Price Changed $1,995,000 -26.0% $439 / Sq Ft
03/31/2022 03/31/22 For Sale $2,695,000 +76.7% $593 / Sq Ft
01/21/2022 01/21/22 Sold $1,525,000 -6.2% $366 / Sq Ft View Prior Sale
12/11/2021 12/11/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $1,625,000 -- $390 / Sq Ft

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 $6,955 $1,280,600 $775,900 $504,700
2024 $6,796 $719,200 $214,500 $504,700
2023 $6,508 $1,280,600 $775,900 $504,700
2022 $32 $104,000 $104,000 $0
2021 $30 $104,000 $104,000 $0
2020 $30 $104,000 $104,000 $0
2019 $30 $104,000 $104,000 $0
2018 $29 $104,000 $104,000 $0
2016 $28 $80,000 $80,000 $0
2015 -- $80,000 $80,000 $0
2014 -- $80,000 $80,000 $0
Source: Public Records

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