NOT LISTED FOR SALE

851 Wright Ln Lovingston, VA 22949

Estimated Value: $365,000 - $681,185

2 Beds
1 Bath
1,080 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2022

Last sale price $557,500 $516 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,161 / mo

88 Days on Market

Highlights

  • 75 Acre Lot
  • Private Lot
  • Garden
  • Wood Burning Stove
  • Wooded Lot
  • Baseboard Heating

About This Home

As of February 2022

Davis Creek Cabin is a meticulously cared for turnkey Airbnb property sitting on 75 private wooded acres in Lovingston. Book of business in 2021 was solid with bookings with an annual revenue of $43,000. Endless possibilities with this home as a Secluded Primary Residence, AirBnB, Second Home, Hunting Land, etc. Conveniently located near the Route 151 wineries and breweries, and just 30 minutes outside of Charlottesville. The property features FIREFLY HIGH SPEED INTERNET, 9' Ceilings, a convenient floorplan, wraparound porch with log rockers and log swing, almost everything has been replaced since 2014, hardwood floors, walking trails, small streams, and a living room woodstove. New owner can inherit all future bookings through AirBnB and VRBO. All furnishings and decor convey with the home.

Last Agent to Sell the Property

WILL NAFEI

AVENUE REALTY, LLC License #0225229830 Listed on: 10/07/2021

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1991

Lot Details

  • 75 Acre Lot
  • Property fronts an easement
  • Elevated Lot
  • Street terminates at a dead end
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Garden
  • Property is zoned A-1 Agricultural

Home Design

  • Slab Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Nelson Elementary And Middle School
  • Nelson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 045000A000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 1991

Lot Details

75 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1080
  • Division Rights: Yes
  • L V T Date: 10/07/2021
  • Nameof Property: David Creek Cabin
  • Parcel Number: 045000A000002
  • Price Per Sq Ft: 516.2
  • Total Sq Ft: 1080
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood Stove
  • Total Finished Sq Ft: 1080
  • Above Grade Finished Sq Ft: 1080
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Convection Oven, Electric Range, Microwave, Refrigerator
  • Land Description: Elevated, Mountain Top, Private, Secluded Lot, Wooded
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 75
  • Roof: Architectural Style
  • Structure Deck Porch: Porch - Front

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Cable Available: Fiber-Optic
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Lot Info

  • Lot Features: Dead end, Easement, Garden Space

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2018
  • Taxes: 3083

MLS Schools

  • HighSchool: Nelson
  • Middle School: Nelson
  • Elementary School: Nelson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Feb 15, 2022
Sold by
Kay Wilson Virginia
Bought by
Kottick Andrew
Seller's Agent
WILL NAFEI
AVENUE REALTY, LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$600,000
Sold Price
$557,500
Premium/Discount to List
-$42,500
-7.08%
Current Estimated Value
$548,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,454
Avg. Annual Appreciation
-0.41%
Original Mortgage
$501,750
Outstanding Balance
$465,913
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$82,133

Purchase Details

Closed on
Feb 3, 2017
Sold by
Wilson Stuart and Wilson Virginia Kay
Bought by
Wilson Virginia Kay
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
Kottick Andrew $557,500 Chicago Title
Wilson Virginia Kay -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kottick Andrew $501,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $557,500 0.0% $516 / Sq Ft
01/25/2022 01/25/22 Off Market $557,500 -- --
01/05/2022 01/05/22 Off Market $557,500 -- --
01/03/2022 01/03/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $600,000 -- $556 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $3,025 $465,400 $318,000 $147,400
2024 $3,025 $465,400 $318,000 $147,400
2023 $3,025 $465,400 $318,000 $147,400
2022 $1,318 $465,400 $318,000 $147,400
2021 $1,192 $428,200 $316,000 $112,200
2020 $1,192 $428,200 $316,000 $112,200
2019 $1,192 $428,200 $316,000 $112,200
2018 $3,083 $428,200 $316,000 $112,200
2017 $2,971 $412,700 $311,000 $101,700
2016 $2,971 $412,700 $311,000 $101,700
2015 $1,080 $412,700 $311,000 $101,700
2014 $1,080 $412,700 $311,000 $101,700
Source: Public Records

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 622964

Charlottesville area Association of Realtors®

APN: 45-A-2

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