NOT LISTED FOR SALE

7341 Magnolia Place Gordonsville, VA 22942

Estimated Value: $508,000 - $1,550,000

4 Beds
6 Baths
5,674 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,300,000 $229 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,858/month

588 Days on Market

Highlights

  • Barn
  • 55 Acre Lot
  • Wood Flooring
  • Stables
  • Deck
  • 3 Fireplaces

About This Home

As of June 2021

PRICE REDUCED! Love stately old homes but concerned about maintenance & utility costs? Look no further than Magnolia just across the Albemarle County line in Orange. This gem has been totally renovated & updated with energy efficiency in mind. (Pearl Gold Certification) The circa 1900 grand manor home offers a center hallway leading to expansive rooms with high ceilings. Perfect for entertaining! Modern kitchen & baths make you feel like you are in a new home but yet the old charm still exudes at every turn (hardwood floors, arched entryways, transoms above the doors). You will love the mature plantings of hardwoods & of course, those amazing magnolia trees! The old stone terraced garden with fireplace is a wonderful place for outdoor entertaining. MORE LAND AVAILABLE!

Last Agent to Sell the Property

Gayle Harvey

Gayle Harvey Real Estate License #0225065015 Listed on: 04/30/2019

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,963

Year Built

  • Built in 1900

Lot Details

  • 55 Acre Lot
  • Home fronts a stream
  • Partially Fenced Property
  • Landscaped

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,674 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage
  • Front Porch

Schools

  • Gordon Barbour Elementary School
  • Prospect Heights Middle School
  • Orange High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Cooling Available
  • Heat Pump System
  • The stream is a source of water for the property
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number Part of 67-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,963

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 55.0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-In Oven, Double Oven, Dishwasher, Gas Cooking, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Tray Ceiling(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Bath in Primary Bedroom, Wired for Data, Walk-In Closet(s)
  • Living Area: 5674.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: Fenced, Partial
  • Lot Features: Landscaped
  • Pool Features: None
  • Waterfront Features: Creek, Stream
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Porch
  • Other Structures: Storage, Barn(s), Stable(s)
  • Patio And Porch Features: Balcony, Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Prospect Heights

Lot Info

  • Parcel Number: Part of 67-14
  • Horse Amenities: Horses Allowed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6963.0

MLS Schools

  • Elementary School: Gordon Barbour
  • High School: Orange

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 10, 2021
Sold by
Filippone Matthew L and Filippone Kori J
Bought by
Heidig Chelsea Hover and Heidig Justin
Seller's Agent
Gayle Harvey
Gayle Harvey Real Estate
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$2,000,000
Sold Price
$1,300,000
Premium/Discount to List
-$700,000
-35%
Current Estimated Value
$1,217,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,615
Avg. Annual Appreciation
-1.49%
Original Mortgage
$195,000
Outstanding Balance
$176,713
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$1,040,672

Purchase Details

Closed on
Apr 12, 2016
Sold by
Us Bank Trust Na
Bought by
Filippone Matthew L and Filippone Kori J

Purchase Details

Closed on
Nov 10, 2015
Sold by
Lavin Majatta
Bought by
U S Bank Trust Na

Purchase Details

Closed on
Aug 22, 2006
Sold by
Huebner Richard Foltin and Huebner Elizabeth Mcgreevey
Bought by
Lavin Marjatta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,500
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Heidig Chelsea Hover $1,300,000 Old Republic Title
Filippone Matthew L $700,000 Members Title & Escrow
U S Bank Trust Na $900,000 None Available
Lavin Marjatta $1,890,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heidig Chelsea Hover $195,000
Open Heidig Chelsea Hover $1,040,000
Previous Owner Lavin Marjatta $1,228,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $1,300,000 -7.1% $229 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $1,400,000 -6.7% $247 / Sq Ft
09/10/2019 09/10/19 Price Changed $1,500,000 -6.3% $264 / Sq Ft
07/29/2019 07/29/19 Price Changed $1,600,000 -17.9% $282 / Sq Ft
06/11/2019 06/11/19 Price Changed $1,950,000 -2.5% $344 / Sq Ft
04/30/2019 04/30/19 For Sale $2,000,000 -- $352 / 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 $5,448 $596,800 $298,000 $298,800
2023 $5,448 $596,800 $298,000 $298,800
2022 $3,524 $596,800 $298,000 $298,800
2021 $4,477 $1,076,200 $600,600 $475,600
2020 $4,477 $1,076,200 $600,600 $475,600
2019 $6,963 $1,086,000 $600,600 $485,400
2018 $6,963 $1,282,000 $810,600 $471,400
2017 $5,878 $1,282,000 $810,600 $471,400
2016 $8,555 $1,200,200 $810,600 $389,600
Source: Public Records

Agents Affiliated with this Home

  • Gayle Harvey

    Seller's Agent in 2021

    Gayle Harvey

    Gayle Harvey Real Estate

    (434) 960-1366

    105 Total Sales

    Gayle Harvey
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non MLS Member

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Map

Source: Central Virginia Regional MLS

MLS Number: 1914008

Central Virginia Regional MLS

APN: 067-00-00-00-0014-0

Virginia Orange County Gordonsville 22942

7341 Magnolia Place, Gordonsville, VA

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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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