NOT LISTED FOR SALE

565 Red Mill Rd Natural Bridge, VA 24578

Natural Bridge Neighborhood

Estimated Value: $231,000 - $321,000

3 Beds
1 Bath
1,316 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $225,000 $171 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,627/month

7 Days on Market

About This Home

As of June 2021

Charming brick ranch home offering 3 bedrooms, 1 full bathroom, living room with picture window, dining room and large kitchen. The unfinished basement offers ample storage and laundry space. Situated on 4.81 acres with several outbuildings including, a two car garage, large atrium/poultry house, run-in shed and storage buildings. Approximately 2 acres of fenced pasture area that connects to the run-in shed. Concrete pad in the backyard would make a great area for entertaining, fire pit, basketball court, etc.. Enjoy the variety of fruit trees including peach, plum, cherry, apple, chestnut and grape vines. Breathtaking sunset views which can be enjoyed from the rear screened-in porch. Convenient access to route 11 and interstate 81.

Last Agent to Sell the Property

Kimberly Hostetter

Listed on: 04/28/2021

Last Buyer's Agent

Jeff Black

Lexington Real Estate Connection

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

1955

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington take 11 South, right onto Herring Hall Road, right onto Padgetts Hill, left onto Red Mill Road home is on your right.
  • HistoricProperty: No
  • Listing Member Name: Kimberly Hostetter
  • Listing Office Short Id: CCS
  • Open House Office I D: 20201112154501242719000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: jeff
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 1316.00
  • Year Built: 1955
  • Taxes Dollars: 1235.80
  • TotalAcresApx: 4.81
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Stick Built
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Interior Access, Unfinished
  • Full Bathrooms: 1.00
  • Updated Floor: Ceramic Tile, Laminate
  • Floor Other: Hardwood Under Lamin
  • Entry Location: Inside Lot
  • Appliances: As Is, Dryer, Electric Range, Refrigerator, Washer
  • Has Attic: Drop Stair, Storage
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1
  • Fireplace Location: Living Room
  • Interior Amenities: Ceiling Fan, Storage
  • Lower Floor 1 Bedrooms: 5

Exterior Features

  • Easements: Unknown
  • Exterior: Brick
  • Exterior Features: Ceiling Fan(s), Chickens Permitted, Fireplace, Horses Permitted, Porch-Front, Porch-Screened, Shed, Smoke Detector, Storage Building, Storm Door-Front, View - Mountains
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Red Mill
  • Tax Rate: .74
  • Flood Zone: SW
  • Out Buildings: Garage, Poultry House, Run-In Shed
  • Fencing Other: No climb horse fence
  • Topography: Level, Open
  • Exterior Features: Porch, Storage Shed, Sunrise View, Sunset View

Garage/Parking

  • Garage Spaces: Detached, Double

Utilities

  • Cooling: Central Cooling
  • Heating: Electric, Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Natural Bridge
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Zoning: Agricultural
  • Best Use: Horses, Poultry, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 105 3 2E
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 8, 2021
Sold by
Friedel Sarah N
Bought by
Smith Michael V and Smith Samantha
Seller's Agent
Kimberly Hostetter
Buyer's Agent
Jeff Black
Lexington Real Estate Connection
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Current Estimated Value
$276,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,918
Avg. Annual Appreciation
6.97%
Original Mortgage
$180,000
Outstanding Balance
$164,732
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$133,218

Purchase Details

Closed on
May 15, 2017
Sold by
Mogensen Eric C
Bought by
Friedel Sarah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Smith Michael V $225,000 Lilly Title & Settlement Llc
Friedel Sarah N $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael V $180,000
Previous Owner Friedel Sarah N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $225,000 -4.2% $171 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $234,900 -- $178 / 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 $1,410 $231,200 $52,900 $178,300
2023 $1,410 $231,200 $52,900 $178,300
2022 $1,236 $167,000 $52,900 $114,100
2021 $1,236 $167,000 $52,900 $114,100
2020 $1,236 $167,000 $52,900 $114,100
2019 $1,219 $167,000 $52,900 $114,100
2018 $1,169 $167,000 $52,900 $114,100
2017 $1,169 $167,000 $52,900 $114,100
2016 $1,198 $163,000 $59,100 $103,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kimberly Hostetter

  • J

    Buyer's Agent in 2021

    Jeff Black

    Lexington Real Estate Connection

    (540) 958-0189

    24 in this area

    178 Total Sales

    Jeff Black
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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 136000

APN: 105-3-2E

Virginia Rockbridge County Natural Bridge 24578 Natural Bridge

565 Red Mill Rd, Natural Bridge, VA

This home is located at 565 Red Mill Rd, Natural Bridge, VA 24578 since 28 April 2021 and is currently estimated at $276,918, approximately $210 per square foot. This property was built in 1955. 565 Red Mill Rd is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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