NOT LISTED FOR SALE

7263 Spring Hill Farm Ln Hanover, VA 23069

Estimated Value: $524,883 - $598,000

3 Beds
2.5 Baths
2,646 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $515,000 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,324/month

2 Days on Market

Highlights

  • Barn
  • Stables
  • Eat-In Kitchen
  • Rural Point Elementary School Rated A
  • Granite Countertops
  • Cooling Available

About This Home

As of July 2024

Welcome to your dream home/horse lovers retreat! This stunning tri-level residence, set on a sprawling 5-acre lot, offers a perfect blend of modern elegance and country charm. Meticulously renovated, this property is designed to cater to both comfortable living and sophisticated entertaining. Nestled on 5 acres of lush, green land, the property offers ample space for outdoor activities and future expansions. A well-maintained horse barn with multiple stalls, tack room, and hay storage, perfect for equestrian enthusiasts. You will be absolutely amazed at the immense space this home has to offer with 5 true floors. The Living Room offers a bright and airy living space with a large picture window that flood the room with natural light. As the heart of the home, this gourmet kitchen boasts high-end stainless steel appliances, granite countertops, a center island for a more casual place to eat and the adjoining dining area. The primary suite offers a luxurious en suite bath and 2 additional bedrooms and full bath complete the 3rd floor. The basement is sure to become everyones favorite place - ideal for movie nights, a game of cards or serving up beverages at the bar. This renovated tri-level home on 5 acres offers an unparalleled lifestyle for those seeking tranquility, luxury, and the opportunity to indulge in equestrian pursuits. Don’t miss out on making this exceptional property your forever home!

Last Agent to Sell the Property

Susan Morris

Open Gate Realty Group License #0225191290 Listed on: 06/20/2024

Last Buyer's Agent

Prudence Justis

Open Gate Realty Group License #0225214262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1970

Lot Details

  • 5 Acre Lot
  • Zoning described as A1

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,646 Sq Ft Home
  • Fireplace Features Masonry
  • Vinyl Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Stoop

Schools

  • Rural Point Elementary School
  • Oak Knoll Middle School
  • Hanover High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • 5-Story Property

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 8719-54-3052

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,245

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 5.0
  • Ownership: Corporate
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2646.0
  • Architectural Style: Tri-Level
  • Garage Yn: No
  • Unit Levels: Three Or More, Multi/Split
  • New Construction: No
  • Building Stories: 5
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl
  • Basement: Full, Finished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Fireplace, Granite Counters
  • Living Area: 2646.0
  • Stories: 5
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition, Shingle
  • Lot Features: Pasture
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8719-54-3052
  • Horse Amenities: Horses Allowed
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3244.86
  • Tax Lot: 5

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 9, 2024
Sold by
Trek Properties Llc
Bought by
Proffitt Camden Blake and Proffitt Kelsey Ann
Seller's Agent
Susan Morris
Open Gate Realty Group
Buyer's Agent
Prudence Justis
Open Gate Realty Group
List Price
$499,950
Sold Price
$515,000
Premium/Discount to List
$15,050
3.01%
Views
10
Current Estimated Value
$544,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,471
Avg. Annual Appreciation
5.61%
Original Mortgage
$390,000
Outstanding Balance
$386,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$158,471

Purchase Details

Closed on
Apr 12, 2024
Sold by
Decker Pugh Sharyn Scott and Buster Johnson Livingston
Bought by
Trek Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Proffitt Camden Blake $515,000 Sage Title
Trek Properties Llc $232,500 Aurora Title
Gayrulay Properties I Llp -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proffitt Camden Blake $390,000
Previous Owner Trek Properties Llc $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $515,000 +3.0% $195 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $499,950 -- $189 / Sq Ft
Source: Central Virginia Regional 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 $4,115 $508,000 $137,400 $370,600
2024 $3,245 $400,600 $131,900 $268,700
2023 $2,622 $340,500 $118,700 $221,800
2022 $2,483 $306,500 $109,200 $197,300
2021 $2,070 $255,500 $96,000 $159,500
2020 $2,070 $255,500 $96,000 $159,500
2019 $1,982 $255,500 $96,000 $159,500
2018 $1,982 $244,700 $91,300 $153,400
2017 $1,982 $244,700 $91,300 $153,400
2016 $1,924 $237,500 $91,300 $146,200
2015 $1,924 $237,500 $91,300 $146,200
2014 $1,854 $228,900 $91,300 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2416159

Central Virginia Regional MLS

APN: 8719-54-3052