NOT LISTED FOR SALE

7255 Gum Tree Ln Elkton, VA 22827

Estimated Value: $227,000 - $271,000

3 Beds
1 Bath
1,341 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $269,900 $201 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,442/month

Highlights

  • 1.35 Acre Lot
  • Concrete Block With Brick
  • Garden
  • Wood Flooring
  • 1-Story Property
  • Central Air

About This Home

As of September 2022

OH, the views! Prefect county setting on 1.35 acres. Solid, brick, ranch home on full unfinished basement. Lots of hardwood flooring.

Last Agent to Sell the Property

Patti McInerney

Kline May Realty License #0225054516 Listed on: 08/27/2022

Kline May Realty

Last Buyer's Agent

Brian Bratton

Kline May Realty License #0225248238

Kline May Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1958

Lot Details

  • 1.35 Acre Lot
  • Garden
  • Property is zoned A-2 Agricultural General

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Elkton Elementary And Middle School
  • East Rockingham High School

Utilities

  • Central Air
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Oil
  • Well
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 99A-1-L124, 99A-1-L125, 99A-1-L126

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1341
  • Below Grade Total Sq Ft: 1341
  • L V T Date: 08/29/2022
  • Parcel Number: 99A-1-L124, 99A-1-L125, 99A-1-L126
  • Price Per Sq Ft: 201.27
  • Total Sq Ft: 2682
  • Total Unfinished Sq Ft: 1341
  • Type of Construction: On Site Built
  • Zoning: A-2 Agricultural General
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 1341
  • Basement Type: Full, Outside Entrance, Unfinished
  • Total Finished Sq Ft: 1341
  • Above Grade Finished Sq Ft: 1341
  • Basement: Yes
  • Foundation: Concrete Block
  • Land Description: Garden Spot, Nearly Level
  • Level: 1 Story
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 3
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 1.35
  • Roof: Composition Shingle
  • Structure Floors: Carpet, Hardwood, Vinyl

Utilities

  • Cooling: Central AC
  • Heating: Dual Fuel, Heat Pump, Oil
  • Cable Available: Cable
  • Sewer/Septic System: Installed Conventional
  • Water: Individual Well

Schools

  • Elementary School: Elkton
  • Middle School: Elkton
  • High School: East Rockingham

Lot Info

  • Deed Book: 3757
  • Deed Book Page: 295

Building Info

  • Year Built: 1958

Tax Info

  • Year: 2022
  • Taxes: 1400

MLS Schools

  • HighSchool: East Rockingham
  • Middle School: Elkton
  • Elementary School: Elkton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Sep 13, 2022
Sold by
Knight Lyman James and Lynn Sherri
Bought by
Koehn Rental Llc
Seller's Agent
Patti McInerney
Kline May Realty
Buyer's Agent
Brian Bratton
Kline May Realty
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$250,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,575
Avg. Annual Appreciation
-2.43%
Original Mortgage
$200,000
Outstanding Balance
$190,671
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$59,654

Purchase Details

Closed on
Aug 11, 2010
Sold by
Lyman Sherri Lynn and Peralta Sherri L
Bought by
Lyman James Knight and Lyman Sherri Lynn
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
Koehn Rental Llc $269,900 Stewart Title Guaranty Company
Lyman James Knight -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koehn Rental Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $269,900 0.0% $201 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $269,900 -- $201 / Sq Ft
Source: Harrisonburg-Rockingham 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
2025 $1,366 $200,900 $30,000 $170,900
2024 $1,366 $200,900 $30,000 $170,900
2023 $1,366 $200,900 $30,000 $170,900
2022 $1,366 $200,900 $30,000 $170,900
2021 $1,001 $135,300 $30,000 $105,300
2020 $1,001 $135,300 $30,000 $105,300
2019 $1,001 $135,300 $30,000 $105,300
2018 $1,001 $135,300 $30,000 $105,300
2017 $981 $132,500 $30,000 $102,500
2016 $928 $132,500 $30,000 $102,500
2015 $888 $132,500 $30,000 $102,500
2014 $848 $132,500 $30,000 $102,500
Source: Public Records

Agents Affiliated with this Home

  • Patti McInerney

    Seller's Agent in 2022

    Patti McInerney

    Kline May Realty

    (540) 246-9691

    7 in this area

    64 Total Sales

    Patti McInerney
    Section Image
  • Brian Bratton

    Buyer's Agent in 2022

    Brian Bratton

    Kline May Realty

    (540) 435-3411

    2 in this area

    19 Total Sales

    Brian Bratton
    Section Image
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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 634191

Harrisonburg-Rockingham Association of REALTORS®

APN: 99A-1-L125

Virginia Rockingham County Elkton 22827

7255 Gum Tree Ln, Elkton, VA

This home is located at 7255 Gum Tree Ln, Elkton, VA 22827 since 27 August 2022 and is currently estimated at $250,325, approximately $186 per square foot. This property was built in 1958. 7255 Gum Tree Ln is a home located in Rockingham County with nearby schools including River Bend Elementary School, Elkton Middle School, and East Rockingham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Harrisonburg-Rockingham Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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