NOT LISTED FOR SALE

7412 Gum Tree Ln Elkton, VA 22827

Estimated Value: $232,000 - $291,831

2 Beds
1 Bath
1,425 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $132,500 $93 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,465/month

62 Days on Market

Highlights

  • Main Floor Bedroom
  • Den
  • Living Room
  • No HOA
  • Detached Garage

About This Home

As of August 2018

Private Location - 2 Bedroom home with detached 4 bay garage. Home features large combo kitchen area and partial finished basement. Paved drive, level back yard, and garage with tremendous storage. Easy commute to Elkton and Harrisonburg.,Formica Counter

Last Agent to Sell the Property

Kyle Olson

(540) 649-4131 aftonchap@gmail.com MONTAGUE, MILLER & CO. - WESTFIELD License #0225183258[4283] Listed on: 04/04/2018

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1985

Lot Details

  • 0.69 Acre Lot
  • Property is zoned A-2, Agricultural General

Parking

  • Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement Windows

Schools

  • Elkton Middle School
  • East Rockingham High School

Utilities

  • Heating System Uses Oil
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 3052.00
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: Private Location - 2 Bedroom home with detached 4 bay garage. Home features large combo kitchen area and partial finished basement. Paved drive, level back yard, and garage with tremendous storage. Easy commute to Elkton and Harrisonburg.,Formica Counter
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Oven/Range - Electric
  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Den, Full Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1425
  • Price Per Sq Ft: 144.95
  • Above Grade Finished Sq Ft: 950
  • Below Grade Finished Sq Ft: 475
  • Below Grade Sq Ft: 475
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7412

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Other

Condo/Co-op/Association

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

Schools

  • School District: ROCKINGHAM COUNTY PUBLIC SCHOOLS
  • Middle School: ELKTON
  • High School: EAST ROCKINGHAM
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140351894
  • School District Source: Listing Agent
  • High School: EAST ROCKINGHAM
  • Middle Or Junior School: ELKTON

Lot Info

  • Lot Size Acres: 0.69
  • Zoning: A-2
  • Zoning Description: Agricultural General

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1102.00
  • Tax Year: 2017
  • Close Date: 08/17/2018

MLS Schools

  • School District Name: ROCKINGHAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Hines Cynthia P and Leonard Cynthia
Bought by
Johnson Griffin C
Current Estimated Value
$253,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$242,712
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$11,246

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 28, 2018
Sold by
Secretary Of Hud
Bought by
Hines Cynthia P
Seller's Agent
Kyle Olson
MONTAGUE, MILLER & CO. - WESTFIELD
Buyer's Agent
Default Agent
Default Office
List Price
$153,000
Sold Price
$132,500
Premium/Discount to List
-$20,500
-13.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$156,593
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2017
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 18, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Freedom Mortgage Corporation Grantee

Purchase Details

Closed on
Jun 25, 2012
Sold by
Merica Steven D
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Mar 30, 2006
Sold by
Merica Steven D and Merica Shawn C
Bought by
Merica Steven D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Griffin C $250,000 Stewart Title
Hines Cynthia P $132,500 Chicago Title Insurance Co
Secretary Of Hud -- None Available
Freedom Mortgage Corporation Grantee $146,300 None Available
Freedom Mortgage Corporation $133,699 None Available
Merica Steven D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Griffin C $245,471
Previous Owner Hines Cynthia P $156,593
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $132,500 -13.4% $93 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $153,000 -- $107 / Sq Ft
Source: Bright 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 $1,421 $208,900 $30,000 $178,900
2024 $1,421 $208,900 $30,000 $178,900
2023 $1,421 $208,900 $30,000 $178,900
2022 $1,421 $208,900 $30,000 $178,900
2021 $1,067 $144,200 $30,000 $114,200
2020 $1,067 $144,200 $30,000 $114,200
2019 $1,067 $144,200 $30,000 $114,200
2018 $1,067 $144,200 $30,000 $114,200
2017 $1,049 $141,700 $30,000 $111,700
2016 $992 $141,700 $30,000 $111,700
2015 $949 $141,700 $30,000 $111,700
2014 $907 $141,700 $30,000 $111,700
Source: Public Records

Agents Affiliated with this Home

  • Kyle Olson

    Seller's Agent in 2018

    Kyle Olson

    MONTAGUE, MILLER & CO. - WESTFIELD

    (540) 649-4131

    60 Total Sales

    Kyle Olson
    Section Image

  • D

    Buyer's Agent in 2018

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 574241

Bright MLS

APN: 99A-2-L10

Virginia Rockingham County Elkton 22827

7412 Gum Tree Ln, Elkton, VA

This home is located at 7412 Gum Tree Ln, Elkton, VA 22827 since 04 April 2018 and is currently estimated at $253,958, approximately $178 per square foot. This property was built in 1985. 7412 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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes