NOT LISTED FOR SALE

702 Meander Run Rd Locust Dale, VA 22948

Estimated Value: $790,349

4 Beds
2.5 Baths
3,115 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $730,000 $234 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,474/month

Highlights

  • Scenic Views
  • Cape Cod Architecture
  • Traditional Floor Plan
  • Dual Staircase
  • Stream or River on Lot
  • Wood Flooring

About This Home

As of April 2024

COMING SOON - This handsome, stately 3100+SF brick Cap Cod sits on a slightly rolling 5 acre cleared lot that ends at a stream. There are pastoral and Blue Ridge views out front, mountain and pastoral valley views from the rear terrace. The home has a main level owner's suite with hardwood flooring, main level laundry room/mudroom, formal dining room, formal parlor and family room with woodburning fireplace off the kitchen. Upstairs has 3 bedrooms with a dual sink full bath. A door leads to the large attic space that can be used for ample storage, or finished as a media room, or for any other use your buyer can imagine. The expansive unfinished walkout basement adds the possibility for another 1500SF of living space. The yard has several areas with existing flower gardens, herb garden and fig trees for the gardening extraordinaire. If rental income interests your buyer, the 1000SF finished space in the workshop has a half bath, so a shower could easily be added in order to make it a functional full bathroom. Or keep it as a workshop, which also has a floored attic, and another 1000SF of space in the lower level for your tractor or other machinery. HVAC in workshop is in "as is" condition. This is an estate sale so home and shop will be sold in "as is" condition. More pictures coming soon.

Last Agent to Sell the Property

Christine Daley

(703) 303-3620 lfrealtorrcd@gmail.com United Real Estate Horizon Listed on: 03/12/2024

United Real Estate Horizon

Last Buyer's Agent

ANNE BIASIOLLI

(804) 356-7126 anne.biasiolli@longandfoster.com LONG & FOSTER - CHARLOTTESVILLE License #022526473[108695]

LONG & FOSTER - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1997

Lot Details

  • 5.01 Acre Lot
  • Partially Fenced Property
  • Wire Fence
  • Landscaped
  • Corner Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned A1

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Pasture
  • Mountain
  • Garden

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,115 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Basement Windows

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Stream or River on Lot
  • Terrace
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 52 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,199

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-20
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Washer, Water Heater, Refrigerator, Oven/Range - Electric, Icemaker, Exhaust Fan
  • Flooring Type: Hardwood, Slate, Vinyl, Carpet
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Crown Moldings, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Stall Shower, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Rear Entrance, Poured Concrete, Outside Entrance, Interior Access, Daylight, Partial, Unfinished, Space For Rooms, Windows
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3115
  • Living Area Sq Ft: 3115
  • Price Per Sq Ft: 232.74
  • Above Grade Finished Sq Ft: 3115
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn, Mountain, Pasture, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially, Wire
  • Lot Features: Front Yard, Landscaping, Open, Rear Yard, Sideyard(s), Stream/Creek, Corner
  • Lot Size Acres: 5.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 218236.00
  • Outdoor Living Structures: Terrace
  • Property Condition: Good
  • Zoning: A1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3199.00
  • Assessor Parcel Number: 52 12
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 15, 2024
Sold by
Fass Rebecca P
Bought by
James Leandrea and Boyer Stephen
Seller's Agent
Christine Daley
United Real Estate Horizon
Buyer's Agent
ANNE BIASIOLLI
LONG & FOSTER - CHARLOTTESVILLE
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
62
Current Estimated Value
$790,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,349
Avg. Annual Appreciation
4.99%
Original Mortgage
$511,000
Outstanding Balance
$503,451
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$286,898
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
James Leandrea $730,000 Sage Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Leandrea $511,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $730,000 +0.7% $234 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $725,000 -- $233 / Sq Ft
Source: Bright MLS

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
2025 $3,738 $732,900 $117,100 $615,800
2024 $3,199 $432,300 $88,100 $344,200
2023 $3,199 $432,300 $88,100 $344,200
2022 $3,199 $432,300 $88,100 $344,200
2021 $3,199 $432,300 $88,100 $344,200
2020 $3,069 $432,300 $88,100 $344,200
2019 $2,364 $432,300 $88,100 $344,200
2018 $2,364 $347,700 $94,500 $253,200
2017 -- $347,700 $94,500 $253,200
2016 -- $347,700 $94,500 $253,200
2015 -- $347,700 $94,500 $253,200
2014 -- $347,700 $94,500 $253,200
Source: Public Records

Agents Affiliated with this Home

  • Christine Daley

    Seller's Agent in 2024

    Christine Daley

    United Real Estate Horizon

    (703) 303-3620

    34 Total Sales

    Christine Daley
    Section Image
  • ANNE BIASIOLLI

    Buyer's Agent in 2024

    ANNE BIASIOLLI

    LONG & FOSTER - CHARLOTTESVILLE

    (804) 356-7126

    12 Total Sales

    ANNE BIASIOLLI
    Section Image
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Map

Source: Bright MLS

MLS Number: VAMA2001566

Bright MLS

APN: 52-12

Virginia Madison County Locust Dale 22948

702 Meander Run Rd, Locust Dale, VA

Not Listed for Sale

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