NOT LISTED FOR SALE

646 Padgetts Hill Rd Unit 690 Natural Bridge, VA 24578

Natural Bridge Neighborhood

Estimated Value: $993,000 - $1,070,914

5 Beds
5 Baths
4,806 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $760,000 $158 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,303/month

938 Days on Market

About This Home

As of February 2021

Inveraray Farm offers a pastoral setting with long range mountain views less than 15 minutes from downtown Lexington. Situated on a quiet country road, the home features over 4,800 SF of living space in a highly functional and open floor plan with gourmet kitchen, 5 bedrooms, 4.5 baths, exercise room, home office, and steam room. The property boasts 55+ acres of pasture and forest with large pond, mature landscaping, fruit orchard, and garden. Additional improvements include a three car garage with guest quarters and barn with hay loft, horse stalls, and tack room. Fiber internet installed!

Last Agent to Sell the Property

Will Moore

James Wm. Moore Real Estate Co. Listed on: 05/15/2018

Last Buyer's Agent

Kimberly Hostetter

Valley Real Estate Brokers LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

Year Built

1997

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Lexington, U.S. Rt. 11 S for 9.3 miles to right on Herring Hall Rd. for 0.7 miles to right on Padgetts Hill Rd. for 2 miles to property on left.
  • HistoricProperty: No
  • Listing Member Name: Will Moore
  • Listing Office Short Id: 78
  • Open House Office I D: 20061211170240946497000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: KHH
  • Selling Office Short Id: 80
  • Subdivision Yn: No
  • TotalFinSFApx: 4806.00
  • Year Built: 1997
  • Taxes Dollars: 4715.71
  • TotalAcresApx: 55.28
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleTwoStory: YES
  • Type of Construction: Stick Built
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Full Bathrooms: 4.50
  • Updated Floor: Carpet, Wood
  • Half Bathrooms: 1
  • Entry Location: Other
  • Appliances: As Is, Cook Top, Dishwasher, Dryer, Oven, Refrigerator, Washer, Wood Stove
  • Has Attic: Storage
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: Wood Stove
  • Fireplace Location: Living Room
  • Lower Floor 1 Bedrooms: 13

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Ceiling Fan(s), Deck-Front, Deck-Rear, Guest Quarters, Horses Permitted, Porch-Front, Porch-Open, View - Panoramic, Wood Stove, Workshop
  • Road Frontage: Paved Road, State Road
  • Roof: Shingle
  • Street: Padgetts Hill
  • Surface Water: Pond
  • Tax Rate: $0.74/100
  • Flood Zone: SW
  • Out Buildings: Garage, Horse Barn, House
  • Fencing: Board
  • Topography: Mixed, Open, Pasture, Rolling, Views
  • Guest House: Yes

Garage/Parking

  • Garage Spaces: Detached, Triple

Utilities

  • Cooling: Central Cooling
  • Heating: Forced Air, Heat Pump(s), Liquid Propane, Wood Stove
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Propane

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: Yes
  • Property Name: Inveraray Farm
  • Zoning: Agricultural
  • Beef Acreage Pasture: 16.00
  • Best Use: Grazing, Horses, Residential
  • Current Use: Crops, Residential

Green Features

  • Energy Features: Wood Stove

Tax Info

  • Tax Map Number: 95-14-C
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Feb 8, 2021
Sold by
Campbell Craig S and Powell Patricia B
Bought by
Losapio David S and Losapio Carol
Seller's Agent
Will Moore
James Wm. Moore Real Estate Co.
Buyer's Agent
Kimberly Hostetter
Valley Real Estate Brokers LLC
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%
Current Estimated Value
$1,094,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,814
Avg. Annual Appreciation
6.44%
Original Mortgage
$376,000
Outstanding Balance
$340,107
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$664,903
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
Losapio David S $760,000 Priority Title & Setmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Losapio David S $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $760,000 -10.5% $158 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
05/15/2018 05/15/18 For Sale $849,000 -- $177 / 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 $3,703 $888,200 $357,100 $531,100
2023 $3,703 $888,200 $357,100 $531,100
2022 $4,691 $915,100 $347,100 $568,000
2021 $4,691 $915,100 $347,100 $568,000
2020 $4,716 $915,100 $347,100 $568,000
2019 $4,652 $942,200 $374,200 $568,000
2018 $4,461 $942,200 $374,200 $568,000
2017 $4,461 $942,200 $374,200 $568,000
2016 $4,007 $714,100 $248,200 $465,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 132962

APN: 95-14-C