NOT LISTED FOR SALE

5604 Sam Snead Hwy Hot Springs, VA 24445

Estimated Value: $412,653 - $569,000

4 Beds
2 Baths
5,000 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $349,500 $70 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,507/month

322 Days on Market

About This Home

As of June 2019

With National and Virginia State Historic Landmark designations, the old Ashwood School just south of Hot Springs offers three floors of unlimited opportunity on a generous 2 acre site. The impressive, well-built structure originally opened as a high school in 1908. Total restoration was started in 2004 to turn the school into a residence and antique store. Each floor has 3000 sq. ft. giving a total of 9000 sq. ft. Renovations included replacing roof trusses, rebuilding floors, walls and ceilings, repointing brickwork, re-roofing entire structure, replacing 52 windows with energy efficient double pane windows and all new insulation. Property fronts Route 220 giving it great exposure for a myriad of other uses.

Last Agent to Sell the Property

Patrick Haynes

Bacova Properties Listed on: 06/22/2018

Last Buyer's Agent

Patrick Haynes

Bacova Properties Listed on: 06/22/2018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

1908

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: 2.2 miles south of Hot Springs on Sam Snead Hwy (Rt.220). House is on the left.
  • HistoricProperty: Yes
  • Listing Member Name: Patrick Haynes
  • Listing Office Short Id: 129
  • Open House Office I D: 20061211170240155779000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: pat
  • Selling Office Short Id: 129
  • Subdivision Yn: No
  • TotalFinSFApx: 5000.00
  • Year Built: 1908
  • Taxes Dollars: 626.00
  • TotalAcresApx: 2.00
  • 1StFloorMstrBdrm: Yes
  • Building Style: Colonial/Federal, Historical
  • StyleTriLevel: YES
  • Type of Construction: Brick, Solid Brick, Stick Built
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partially Finished, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Laminate, Wood
  • Has Attic: None
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: None
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Brick
  • Flood Zone: Minimal
  • Road Frontage: State Road
  • Roof: Metal
  • Street: Sam Snead
  • Tax Rate: .50/100
  • Flood Zone: Other (Use Remarks)

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: No Cooling System
  • Heating: Forced Air, Liquid Propane, Wood Furnance, Zoned Heat
  • Heating Fuel: Liquid Propane
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Valley Elementary
  • High School: Bath County High
  • Elementary School: Valley Elementary
  • High School: Bath County High
  • Middle School: N/A

Lot Info

  • Zoning: Residential
  • Best Use: Bed & Breakfast, Commercial/Business, Residential, Vacation Rental
  • Current Use: Commercial/Business, Residential

Tax Info

  • Tax Map Number: 94A1 2 18
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jun 20, 2019
Sold by
Broyles Patricia A and Byrd Patricia A
Bought by
Alderman Norman L and Pitts Amelia L
Seller's Agent
Patrick Haynes
Bacova Properties
Buyer's Agent
Patrick Haynes
Bacova Properties
List Price
$449,500
Sold Price
$349,500
Premium/Discount to List
-$100,000
-22.25%
Current Estimated Value
$429,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,436
Avg. Annual Appreciation
3.81%
Original Mortgage
$332,025
Outstanding Balance
$294,379
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$145,613
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
Alderman Norman L $349,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderman Norman L $332,025
Closed Alderman Norman L $332,025
Previous Owner Broyles Patricia A $60,000
Previous Owner Broyles Patricia A $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $349,500 -22.2% $70 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
06/22/2018 06/22/18 For Sale $449,500 -- $90 / Sq Ft
Source: Rockbridge Highlands 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
2024 $1,974 $329,000 $61,000 $268,000
2023 $1,974 $329,000 $61,000 $268,000
2022 $1,810 $329,000 $61,000 $268,000
2021 $689 $125,200 $25,000 $100,200
2020 $264 $125,200 $25,000 $100,200
2019 $626 $125,200 $25,000 $100,200
2018 $626 $125,200 $25,000 $100,200
2017 $626 $125,200 $25,000 $100,200
2016 -- $55,000 $30,000 $25,000
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patrick Haynes

    Bacova Properties

    (540) 839-3533

    26 Total Sales

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 133129

APN: 94A1-2-18

Virginia Bath County Hot Springs 24445

5604 Sam Snead Hwy, Hot Springs, VA

This home is located at 5604 Sam Snead Hwy, Hot Springs, VA 24445 since 22 June 2018 and is currently estimated at $497,163, approximately $99 per square foot. This property was built in 1908. 5604 Sam Snead Hwy is a home located in Bath County with nearby schools including Bath County High School.

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