NOT LISTED FOR SALE

7508 Belmont Rd Spotsylvania, VA 22551

Margo Neighborhood

Estimated Value: $553,000 - $925,429

3 Beds
1.5 Baths
3,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $825,000 $243 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,272/month

441 Days on Market

Highlights

  • 8.08 Acre Lot
  • Tennis Courts
  • Garden
  • Wood Burning Stove
  • 3 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of December 2020

1850 Greek Revival home located near Orange, Virginia with 8 acres and views of the Blue Ridge. The property offers a vineyard, small orchard, many gardens, a small greenhouse, and a 9,000 square foot fenced multi-use or sports area. The meticulously restored historic home features 12' ceilings and has been featured by Garden Club of Virginia. Award-winning restoration of a 1740 guest house has been offered previously as a B&B.

Last Agent to Sell the Property

Justin Wiley

WILEY REAL ESTATE-ORANGE License #0225226888 Listed on: 09/03/2019

Last Buyer's Agent

JoAnna Von Arb

UNITED REAL ESTATE PREMIER INC. License #0225227127

UNITED REAL ESTATE PREMIER INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,865

Year Built

  • 1850

Lot Details

  • 8.08 Acre Lot
  • Garden
  • Property is zoned R-1 Residential

Parking

  • 3 Car Detached Garage

Home Design

  • Stone Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Wood Burning Stove
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Well
  • Septic Tank

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 55-A-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,865

Year Built

1850

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Total Sq Ft: 1500
  • Dependencies: Guest House
  • Design: Greek Revival
  • Historic District: Yes
  • L V T Date: 09/04/2019
  • Nameof Property: Walnut Grove
  • Parcel Number: 55-A-1
  • Price Per Sq Ft: 242.65
  • Total Sq Ft: 4500
  • Total Unfinished Sq Ft: 1100
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1850

Interior Features

  • Unfinished Below Grade Sq Ft: 1100
  • Fireplace: Wood Stove
  • Basement Type: Partly Finished
  • Total Finished Sq Ft: 3400
  • Above Grade Finished Sq Ft: 3000
  • Basement: Yes
  • Below Grade Finished Sq Ft: 400
  • Foundation: Stone
  • Level: 3 Story
  • Bathrooms: 1.5
  • Number Beds: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Source of Sq Ft: Appraisal

Exterior Features

  • Exterior: Aluminum, Wood
  • Number Of Acres: 8.08
  • Roof: Metal - Galv Steel
  • Structure Deck Porch: Patio
  • Yard: Tennis Court

Garage/Parking

  • Garage: Yes
  • Garage Features: Detached
  • Number of Car Spaces: 3

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat, Electric, Propane, Wood
  • Gas: Liquid Propane
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Condo/Co-op/Association

  • HOA/COA Amenities: Tennis

Lot Info

  • Lot Features: Garden Space, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Dec 8, 2020
Sold by
Chadduck William Moran
Bought by
Pahle Nancy J
Seller's Agent
Justin Wiley
WILEY REAL ESTATE-ORANGE
Buyer's Agent
JoAnna Von Arb
UNITED REAL ESTATE PREMIER INC.
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%
Current Estimated Value
$734,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,643
Avg. Annual Appreciation
-2.31%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Chadduck William M
Bought by
Chadduck William M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pahle Nancy J $825,000 Thomas Frank A
Chadduck William M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $825,000 -2.8% $243 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/03/2019 09/03/19 For Sale $849,000 -- $250 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $4,865 $662,500 $92,900 $569,600
2024 $4,865 $662,500 $92,900 $569,600
2023 $4,415 $572,100 $80,100 $492,000
2022 $4,220 $572,100 $80,100 $492,000
2021 $3,845 $475,000 $80,100 $394,900
2020 $3,845 $475,000 $80,100 $394,900
2019 $2,157 $254,600 $80,100 $174,500
2018 $2,121 $254,600 $80,100 $174,500
2017 $2,139 $251,600 $80,100 $171,500
2016 $1,997 $251,600 $80,100 $171,500
2015 -- $249,000 $80,100 $168,900
2014 -- $249,000 $80,100 $168,900
Source: Public Records

Agents Affiliated with this Home

  • Justin Wiley

    Seller's Agent in 2020

    Justin Wiley

    WILEY REAL ESTATE-ORANGE

    (434) 981-5528

    1 in this area

    101 Total Sales

    Justin Wiley
    Section Image

  • J

    Buyer's Agent in 2020

    JoAnna Von Arb

    UNITED REAL ESTATE PREMIER INC.

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 595130

Charlottesville area Association of Realtors®

APN: 55-A-1

Virginia Spotsylvania County Spotsylvania 22551 Margo

7508 Belmont Rd, Spotsylvania, VA

Not Listed for Sale

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