NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,079,503

55.28 Acres
$18,359 Price per Acre
2,407,997 Sq Ft Lot

Last Sold February 16, 2021

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

Est. 34% increase in value since last sale

Current estimated payment $5,796/month

939 Days on Market

Highlights

  • 55.28 Acre Lot
  • Mud Room
  • Home Gym
  • Main Floor Primary Bedroom
  • Home Office
  • 3 Car Detached Garage

About This Lot

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, 4 bedrooms, 4.5 baths, exercise room, 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 cottage and barn with hay loft, horse stalls, and tack room.

Last Agent to Sell the Property

Will Moore

JAMES WM. MOORE REAL ESTATE CO. License #0225199100 Listed on: 05/14/2018

Last Buyer's Agent

Kimberly Hostetter

LEXINGTON REAL ESTATE CONNECTION

LEXINGTON REAL ESTATE CONNECTION

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,703

Year Built

  • 1997

Lot Details

  • 55.28 Acre Lot
  • Property is zoned A-2 Agricultural General

Parking

  • 3 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 4,806 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room
  • Living Room
  • Home Office
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 95-14-C

Property Details

Property Type

Land

Est. Annual Taxes

$3,703

Year Built

1997

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 4806
  • L V T Date: 05/17/2018
  • Nameof Property: Inveraray Farm
  • Parcel Number: 95-14-C
  • Price Per Sq Ft: 158.14
  • Total Sq Ft: 4806
  • Type of Construction: On Site Built
  • Zoning: A-2 Agricultural General
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Room 1: Home Office, 17x19, On Level: 1
  • Room 2: Bedroom, 17x12, On Level: 1
  • Room 3: Full Bath, 8x8, On Level: 1
  • Room 4: Exercise Room, 11x11, On Level: 1
  • Room 5: Bedroom, 18x12, On Level: 1
  • Room 6: Full Bath, 6x9, On Level: 1
  • Room 7: Kitchen, 11x10, On Level: 1
  • Room 8: Mud Room, 12x10, On Level: 1
  • Room 9: Kitchen, 21x21, On Level: 2
  • Room 10: Living Room, 28x25, On Level: 2
  • Room 11: Family Room, 14x21, On Level: 2
  • Room 12: Bedroom, 14x13, On Level: 2
  • Room 13: Full Bath, 7x6, On Level: 2
  • Room 15: Master Bedroom, 14x18, On Level: 2
  • Room 16: Full Bath, 11x9, On Level: 2
  • Room 17: Laundry, 6x11, On Level: 2
  • Total Finished Sq Ft: 4806
  • Above Grade Finished Sq Ft: 4806
  • Foundation: Concrete Slab
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4.5
  • Number of Main Level Bathrooms: 2
  • Number Beds: 4
  • Number Beds Main Level: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Room 18: Half Bath, 5x4, On Level: 2
  • Room Types: Bedroom, Exercise Room, Family Room, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room
  • Room Types Level1: Bedroom (L1), Exercise Room (L1), Full Bath (L1), Home Office (L1), Kitchen (L1), Mud Room (L1)
  • Room Types Level2: Bedroom (L2+), Family Room (L2+), Full Bath (L2+), Half Bath (L2+), Kitchen (L2+), Laundry (L2+), Living Room (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 55.28

Garage/Parking

  • Garage: Yes
  • Garage Features: Detached
  • Number of Car Spaces: 3

Utilities

  • Cooling: Central Ac
  • Heating: Forced Air, Heat Pump, Propane, Wood
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 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
LEXINGTON REAL ESTATE CONNECTION
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%
Current Estimated Value
$1,014,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,876
Avg. Annual Appreciation
6.78%
Original Mortgage
$376,000
Outstanding Balance
$340,107
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,622
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 -4.4% $158 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $795,000 -3.6% $165 / Sq Ft
08/31/2020 08/31/20 For Sale $825,000 0.0% $172 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $825,000 -2.8% $172 / Sq Ft
05/14/2018 05/14/18 For Sale $849,000 -- $177 / Sq Ft
Source: Charlottesville Area Association of 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: Charlottesville Area Association of REALTORS®

MLS Number: 576590

Charlottesville Area Association of REALTORS®

APN: 95-14-C