NOT LISTED FOR SALE

82 Gully Tavern Rd Rice, VA 23966

Estimated Value: $401,000 - $506,000

4 Beds
2.5 Baths
2,048 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $349,500 $171 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,398 / mo

13 Days on Market

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • High Ceiling
  • 4.85 Acre Lot
  • Farmhouse Style Home
  • Front Porch

About This Home

As of June 2022

Don’t miss out on this incredible opportunity to own two homes on 4.85 acres in Prince Edward County! The original home is a charming 1920 farmhouse with 4 bedrooms, 2.5 bathrooms, eat-in kitchen with plenty of storage space, silestone quartz countertops, and first floor primary bedroom with en suite bathroom. The guest house (1,368 square feet) has 2 bedrooms, 1 bathroom, eat-in kitchen, a loft, and stackable washer/dryer. It was built in 2012 and is currently being used as an airbnb. The land includes multiple peach, apple and nectarine trees, as well as blueberry and raspberry bushes. One acre is fenced pasture, and there are various outbuildings, including a chicken coop with a fenced in area and a shop with lean-to. Just minutes from High Bridge Trail State Park, historic downtown Farmville, Longwood University, and Hampden-Sydney College! 15 minutes to Twin Lakes State Park, one hour to Lynchburg, one hour to Richmond. This location is hard to beat!

Last Agent to Sell the Property

Vanessa Dieterly

Nest Realty Group License #0225256422 Listed on: 05/10/2022

Nest Realty Group

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1920

Lot Details

  • 4.85

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Crawl Space
  • Eat-In Kitchen
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Additional Features

  • 4.85 Acre Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 041 7 4E

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1920

Lot Details

4.85 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Property Attached Yn: No
  • Lot Size Acres: 4.85
  • 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

  • Basement: Crawl Space, Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Main Level Primary
  • Living Area: 2048.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed, Unpaved Driveway
  • Other Structures: Guest House
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 041 7 4E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1376.0

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 21, 2022
Sold by
Thomas Deroche Patrick and Thomas Hayley
Bought by
Obrien Michael Shawn
Seller's Agent
Vanessa Dieterly
Nest Realty Group
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$349,500
Sold Price
$349,500
Current Estimated Value
$429,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,825
Avg. Annual Appreciation
5.55%
Original Mortgage
$332,025
Outstanding Balance
$313,591
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$115,734

Purchase Details

Listed on
Feb 14, 2019
Closed on
Feb 12, 2019
Sold by
Yankey Joel A and Yankey Joyce A
Bought by
Deroche Patrick Thomas and Deroche Hayley
Seller's Agent
Brian Wilson
Yoder Properties, Inc.
Buyer's Agent
Non Member Agent
Non Member Office
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$251,750
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Obrien Michael Shawn $349,500 Fidelity National Title
Deroche Patrick Thomas $265,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Michael Shawn $332,025
Previous Owner Deroche Patrick Thomas $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $349,500 0.0% $171 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $349,500 +31.9% $171 / Sq Ft
02/14/2019 02/14/19 Sold $265,000 -- $129 / Sq Ft View Prior Sale
Source: Central Virginia Regional 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 $1,462 $439,300 $47,000 $392,300
2024 $1,462 $286,700 $34,100 $252,600
2023 $1,376 $286,700 $34,100 $252,600
2022 $1,376 $286,700 $34,100 $252,600
2021 $1,376 $286,700 $34,100 $252,600
2020 $1,264 $247,900 $30,600 $217,300
2019 $1,264 $247,900 $30,600 $217,300
2018 $1,264 $247,900 $30,600 $217,300
2017 $1,264 $247,900 $30,600 $217,300
2016 $1,264 $247,900 $30,600 $217,300
2015 $1,215 $247,900 $30,600 $217,300
2014 $1,156 $245,900 $26,800 $219,100
2013 $1,033 $245,900 $26,800 $219,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2212208

Central Virginia Regional MLS

APN: 041-7-4E

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