NOT LISTED FOR SALE

74 Settlement Way Madison, VA 22727

Estimated Value: $288,000 - $302,000

3 Beds
1 Bath
1,203 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $195,900 $163 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,625/month

54 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Rambler Architecture
  • Main Floor Bedroom
  • No HOA

About This Home

As of May 2021

Move-in Ready Brick Rambler on just under half acre minutes from Rt. 29 in Madison. One level living features spacious living room with hardwood floors throughout, kitchen bar open to dining room, 3 bedrooms, and a large bonus room off the kitchen that leads out to the extensive deck overlooking the open flat yard and fenced in area with 2 sheds. Backyard also features an area for grilling and garden area with mature landscaping surrounding the property. Schedule to see this today before it's too late.

Last Agent to Sell the Property

Jack Jenkins

(703) 378-8810 info@jackjenkinshomes.com Samson Properties License #0225217960 Listed on: 02/11/2021

Samson Properties

Last Buyer's Agent

Erica Mason

5403411000 scottmacdonald@remax.net RE/MAX Regency License #0225226828

RE/MAX Regency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1965

Lot Details

  • 0.49 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • No Through Street
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R3

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,203 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Built-In Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • William H. Wetsel Middle School
  • Madison County High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30J
  • Assessor Parcel Number 40- - - -30J

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,013

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits, Level Entry - Main, No Stairs
  • Ownership: Fee Simple
  • Exclusions: washer and dryer
  • Inclusions: 2 sheds, oil tank
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-11
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Exhaust Fan, Refrigerator, Water Heater, Washer/Dryer Hookups Only
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Pantry, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Den, Bedroom 1, Bathroom 1, Bonus Room
  • Basement: No
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 1203
  • Living Area Sq Ft: 1203
  • Price Per Sq Ft: 162.84
  • Above Grade Finished Sq Ft: 1203
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Brick
  • Exterior Features: Outbuilding(s), Satellite Dish
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: MADISON COUNTY
  • Middle Or Junior School: WILLIAM H. WETSEL

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Front Yard, Landscaping, Level, No Thru Street, Open, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.49
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21562.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent, Very Good
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1013.00
  • Assessor Parcel Number: 40- - - -30J
  • Tax Lot: 30J
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MADISON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 3, 2021
Sold by
Magel Kristina
Bought by
Frazier Jefgfrey
Seller's Agent
Jack Jenkins
Samson Properties
Buyer's Agent
Erica Mason
RE/MAX Regency
List Price
$195,900
Sold Price
$195,900
Current Estimated Value
$292,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,783
Avg. Annual Appreciation
8.72%
Original Mortgage
$202,952
Outstanding Balance
$182,748
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$109,935

Purchase Details

Listed on
Jul 22, 2012
Closed on
Dec 5, 2012
Sold by
Jenkins Roy L
Bought by
Magel Kristina
Seller's Agent
Bonnie Coffey
Samson Properties
Buyer's Agent
Donna Merryman
Samson Properties
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$110,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Settle Kimberly
Bought by
Jenkins Roy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Frazier Jefgfrey $196,000 Clear Title
Magel Kristina $110,000 First American
Jenkins Roy L $107,000 Tepeyac Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Jefgfrey $202,952
Previous Owner Magel Kristina $110,000
Previous Owner Jenkins Roy L $85,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $195,900 0.0% $163 / Sq Ft
02/11/2021 02/11/21 For Sale $195,900 +78.1% $163 / Sq Ft
12/07/2012 12/07/12 Sold $110,000 -8.3% $91 / Sq Ft View Prior Sale
09/05/2012 09/05/12 Pending -- -- --
08/24/2012 08/24/12 Price Changed $119,900 -7.7% $100 / Sq Ft
07/22/2012 07/22/12 For Sale $129,900 0.0% $108 / Sq Ft
02/17/2012 02/17/12 Rented $900 0.0% --
02/17/2012 02/17/12 Under Contract -- -- --
02/08/2012 02/08/12 For Rent $900 -- --
Source: Bright MLS

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 $1,267 $248,500 $47,000 $201,500
2024 $1,057 $142,800 $47,000 $95,800
2023 $1,057 $142,800 $47,000 $95,800
2022 $1,057 $142,800 $47,000 $95,800
2021 $1,057 $142,800 $47,000 $95,800
2020 $1,014 $142,800 $47,000 $95,800
2019 $846 $142,800 $47,000 $95,800
2018 $846 $124,400 $45,800 $78,600
2017 -- $124,400 $45,800 $78,600
2016 -- $124,400 $45,800 $78,600
2015 -- $124,400 $45,800 $78,600
2014 -- $124,400 $45,800 $78,600
Source: Public Records

Agents Affiliated with this Home

  • Jack Jenkins

    Seller's Agent in 2021

    Jack Jenkins

    Samson Properties

    (571) 229-6877

    48 Total Sales

    Jack Jenkins
    Section Image
  • Erica Mason

    Buyer's Agent in 2021

    Erica Mason

    RE/MAX

    (540) 522-3764

    49 Total Sales

    Erica Mason
    Section Image
  • Bonnie Coffey

    Seller's Agent in 2012

    Bonnie Coffey

    Samson Properties

    (540) 270-5362

    61 Total Sales

    Bonnie Coffey
    Section Image

  • D

    Buyer's Agent in 2012

    Donna Merryman

    Samson Properties

    Section Image
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Map

Source: Bright MLS

MLS Number: VAMA108854

Bright MLS

APN: 40-30J

Virginia Madison County Madison 22727

74 Settlement Way, Madison, VA

Not Listed for Sale

Detached

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