NOT LISTED FOR SALE

8578 Faber Rd Faber, VA 22938

Estimated Value: $128,336 - $182,000

1 Bed
1 Bath
858 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $120,000 $140 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $836/month

42 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Bathroom on Main Level
  • Concrete Block With Brick

About This Home

As of September 2023

6.77 acres in beautiful Nelson County! Build a new home or renovate the existing home. Excellent road frontage, Elevated site to build on offering mountain views. Plenty of privacy, abundant with wildlife and close to Cove Creek Park. Cove Creek runs through the back of the property as seen on the GIS. Survey will be completed soon! Home on property is in need of complete renovation or tear down.

Last Agent to Sell the Property

TREY DURHAM

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225059774 Listed on: 06/15/2023

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Co-Listed By

Tara Savage

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570

Last Buyer's Agent

CHARLIE WINEBERG

MOUNTAIN AREA NEST REALTY License #0225031992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $365

Year Built

  • Built in 1944

Lot Details

  • 6.77 Acre Lot
  • Property is zoned A-1 Agricultural

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 858 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Well
  • Septic Tank
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 36 A 27A

Home Details

Home Type

Single Family

Est. Annual Taxes

$365

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 858
  • Design: Farm House
  • L V T Date: 06/15/2023
  • Parcel Number: 36 A 27A
  • Price Per Sq Ft: 139.86
  • Total Sq Ft: 858
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Full Bath1|Bedroom2|Living Roo1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room 1: Full Bath,On Level: 1
  • Room 2: Bedroom,On Level: 2
  • Room 3: Living Room,On Level: 1
  • Total Finished Sq Ft: 858
  • Above Grade Finished Sq Ft: 858
  • Foundation: Concrete Block
  • Level: 2 Story
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Living Room
  • Room Types Level1: Full Bath (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 6.77
  • View: Mountain View, Pastoral View, Wooded View

Utilities

  • Cable Available: Fiber-Optic
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Rockfish
  • Middle School: Nelson
  • High School: Nelson

Building Info

  • Year Built: 1944

Tax Info

  • Year: 2023
  • Taxes: 365

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 1, 2023
Sold by
Wood Paul E and Wood Barry W
Bought by
Confer Michael Alan and Wright Michelle Yvonne
Seller's Agent
TREY DURHAM
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
CHARLIE WINEBERG
MOUNTAIN AREA NEST REALTY
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
175
Current Estimated Value
$151,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,334
Avg. Annual Appreciation
6.84%
Original Mortgage
$76,000
Outstanding Balance
$74,489
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$62,567

Purchase Details

Closed on
Jun 8, 2023
Sold by
Hood Ellwood Richard
Bought by
Wood Paul E and Wood Barry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$74,489
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$62,567
Source: Public Records

Range of Values:

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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
Confer Michael Alan $120,000 Chicago Title
Wood Paul E $80,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Confer Michael Alan $76,000
Previous Owner Wood Paul E $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $120,000 -7.7% $140 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $130,000 -- $152 / 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 $365 $56,100 $51,100 $5,000
2024 $365 $56,100 $51,100 $5,000
2023 $365 $56,100 $51,100 $5,000
2022 $365 $56,100 $51,100 $5,000
2021 $159 $55,200 $48,100 $7,100
2020 $159 $55,200 $48,100 $7,100
2019 $305 $55,200 $48,100 $7,100
2018 $0 $84,700 $77,600 $7,100
2017 $607 $84,300 $77,200 $7,100
2016 $607 $84,300 $77,200 $7,100
2015 $607 $84,300 $77,200 $7,100
2014 $607 $84,300 $77,200 $7,100
Source: Public Records

Agents Affiliated with this Home

  • TREY DURHAM

    Seller's Agent in 2023

    TREY DURHAM

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

    (434) 409-8308

    298 Total Sales

    TREY DURHAM
    Section Image
  • Tara Savage

    Seller Co-Listing Agent in 2023

    Tara Savage

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

    (434) 981-4458

    316 Total Sales

    Tara Savage
    Section Image
  • CHARLIE WINEBERG

    Buyer's Agent in 2023

    CHARLIE WINEBERG

    MOUNTAIN AREA NEST REALTY

    (434) 996-7336

    48 Total Sales

    CHARLIE WINEBERG
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 642719

Charlottesville area Association of Realtors®

APN: 36-A-27A

Virginia Nelson County Faber 22938

8578 Faber Rd, Faber, VA

This home is located at 8578 Faber Rd, Faber, VA 22938 since 15 June 2023 and is currently estimated at $151,334, approximately $176 per square foot. This property was built in 1944. 8578 Faber Rd is a home located in Nelson County with nearby schools including Nelson County 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.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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