NOT LISTED FOR SALE

7328 Midway Rd Phenix, VA 23959

Estimated Value: $385,000

3 Beds
1 Bath
2,264 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $295,000 $130 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,229/month

16 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Fruit Trees
  • Horses Allowed On Property
  • 24.82 Acre Lot
  • Deck

About This Home

As of August 2021

Bring your family home to the beautiful rolling lands of central Virginia in this lovingly restored farmhouse.Just under 25 acres,this 3 bedroom 1 bath home sits back off a quiet road where you can enjoy the views from the full front porch and spacious back deck.2 original stone chimneys boast 2 gas log fireplaces to sit beside on winter nights.Large spacious rooms throughtout the home with original wood flooring.Large double insulated vinyl windows let in the light and provide beautiful views of fenced pastures.A new metal roof,insulation throughout and new vinyl siding.Numerous upgrades to both home and outdoor landscaping,including new solar panels,hoop greenhouse,chicken coopand outbuildings for storage and barns.Enjoy a day of fishing on the 1 acre spring fed pond or go for a walk by the creek.Minutes from Farmville,Appomattoxand Lynchburg.

Last Listed By

Don Allen

Long & Foster REALTORS License #0225231091 Listed on: 05/18/2021

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1901

Lot Details

  • 24.82 Acre Lot
  • Home fronts a pond
  • Cross Fenced
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Fruit Trees

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Dining Area
  • Crawl Space
  • Washer

Kitchen

  • Oven
  • Electric Cooktop
  • Freezer
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Circular Driveway
  • Unpaved Parking

Eco-Friendly Details

  • Irrigation System Uses Rainwater From Ponds

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • Phenix Elementary School
  • Charlotte Middle School
  • Charlotte High School

Farming

  • Barn
  • Grain Storage
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • The stream is a source of water for the property
  • Well
  • Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 012-00-0A-000-000-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,184

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1901
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 24.82
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Farmhouse, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Cooking, Electric Water Heater, Freezer, Oven, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Dining Area, High Ceilings, Pantry, Tile Countertop, Tile Counters, Cable TV
  • Living Area: 2264.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None, Partial, Cross Fenced, Fenced
  • Lot Features: Fruit Trees, Hardwood Trees, Pasture, Rolling Slope
  • Pool Features: None
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Unpaved Driveway
  • Other Structures: Barn(s), Grain Storage, Livestock Pen(s), Shed(s), Utility Building(s)
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, No Garage, Unpaved

Utilities

  • Heating: Baseboard, Electric, Propane, Other
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Charlotte

Lot Info

  • Parcel Number: 012-00-0A-000-000-0070
  • Horse Amenities: Horses Allowed, Tack Room
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1184.0

MLS Schools

  • Elementary School: Phenix
  • High School: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 2, 2021
Sold by
Denise Matthews
Bought by
Jennings Ryan
Seller's Agent
Don Allen
Long & Foster REALTORS
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Total Days on Market
16
Current Estimated Value
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
13.53%
Original Mortgage
$265,500
Outstanding Balance
$244,849
Interest Rate
2.84%
Mortgage Type
New Conventional
Estimated Equity
$228,151

Purchase Details

Closed on
May 3, 2016
Sold by
Bryant Clayton C Sr I Trust
Bought by
Matthews Denise

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
Matthews Denise $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Ryan $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $295,000 -9.2% $130 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $325,000 -- $144 / 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
2024 $1,122 $180,990 $65,685 $115,305
2023 $1,122 $180,990 $65,685 $115,305
2022 $1,125 $190,990 $65,685 $125,305
2021 $1,184 $190,990 $65,685 $125,305
2020 $1,184 $190,990 $65,685 $125,305
2019 $1,122 $180,990 $65,685 $115,305
2018 $913 $172,343 $62,718 $109,625
2017 $913 $172,343 $62,718 $109,625
2016 $827 $172,343 $62,718 $109,625
2015 $827 $172,343 $62,718 $109,625
2014 $827 $172,343 $62,718 $109,625
2013 $827 $172,343 $62,718 $109,625
Source: Public Records

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Source: Central Virginia Regional MLS

MLS Number: 2114966

Central Virginia Regional MLS

APN: 012-00-0A-000-000-0070