NOT LISTED FOR SALE

86 Azalea Ct Madison, VA 22727

Estimated Value: $270,000

2 Beds
1 Bath
1,744 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $45,000 $26 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $1,723/month

30 Days on Market

Highlights

  • 1 Boat Dock
  • Waterfront
  • Traditional Floor Plan
  • Pier or Dock
  • Mountainous Lot
  • Space For Rooms

About This Home

As of May 2012

LOG CABIN IN THE MAINTAINS OF VIRGINIA! 1200 SQ FT CABIN WITH PARTIAL BASEMENT(NO INTERIOR ENTRANCE) ON 3.191 ACRES FRONTING ON SMALL LAKE IN THE WOLFTOWN AREA OF MADISON COUNTY, PROPERTY NEEDS TLC, HEATING & COOLING , NEEDS APPLIANCES- INCLUDING WOOD STOVE. AN UNUSUALLY QUIET AREA, LARGE WRAP AROUND REAR DECK. GOING TO AUCTION

Last Agent to Sell the Property

GOREE WAUGH

(540) 717-5467 alexwaugh2@aol.com Jack Samuels Realty Listed on: 01/30/2012

Last Buyer's Agent

GOREE WAUGH

(540) 717-5467 alexwaugh2@aol.com Jack Samuels Realty Listed on: 01/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1970 | Remodeled in 1980

Lot Details

  • 3.19 Acre Lot
  • Waterfront
  • Mountainous Lot
  • Property is in below average condition
  • Property is zoned C1

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Log Cabin
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Flue
  • Wood Frame Window
  • Living Room
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Side Exterior Basement Entry
  • Space For Rooms
  • Basement with some natural light

Parking

  • Parking Space Number Location: 4
  • Free Parking

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Water Access
  • 1 Boat Dock
  • 1 Non-Powered Boats Permitted
  • Shed

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 7
  • Assessor Parcel Number 45-A-3- -7

Community Details

Overview

  • Association fees include road maintenance
  • Laurel Mountain Wolftown HOA
  • The community has rules related to covenants

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1970 | Remodeled in 1980

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Year Renovated: 1980
  • Special Features: 84
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Kitchen - Eat-In, Floor Plan - Traditional
  • Window Features: Wood Frame
  • Fireplace Features: Flue For Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Hall
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Daylight, Partial, Partial, Space For Rooms
  • Living Area Units: Square Feet
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 1744
  • Price Per Sq Ft: 40.83
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Finished Sq Ft: 544
  • Below Grade Sq Ft: 544
  • Total Below Grade Sq Ft: 1088
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Log, Frame
  • Construction Completed: No
  • Road Surface Type: Access - On Grade, Gravel
  • Roof: Metal
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAUREL LAKE
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Parking Space Number Assigned: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA Condo Co-Op Management Type: Builder/Developer
  • HOA Condo Co-Op Rules: Covenants
  • HOA Name: LAUREL MOUNTAIN- WOLFTOWN
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 87500.00
  • Land Assessed Value: 91900.00
  • Lot Size Acres: 3.19
  • Lot Size Area: 138913
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138913.00
  • Property Condition: Below Average
  • Zoning: C1

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 16274739
  • Tax Annual Amount: 897.00
  • Assessor Parcel Number: 45-A-3- -7
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Dock Slip Conveyance: None Available
  • Federal Flood Zone: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Mullen Thomas and Mullen Jan
Bought by
Layman Alyssa
Current Estimated Value
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Outstanding Balance
$177,795
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2012
Closed on
May 2, 2012
Sold by
The Bank Of New York Mellon
Bought by
Mullen Thomas and Mullen Jan
Seller's Agent
GOREE WAUGH
Jack Samuels Realty
Buyer's Agent
GOREE WAUGH
Jack Samuels Realty
List Price
$49,000
Sold Price
$45,000
Premium/Discount to List
-$4,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2011
Sold by
King Mary D and King Frank
Bought by
The Bank Of New York Mellon
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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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
Layman Alyssa $200,000 Terrys Title
Mullen Thomas $45,000 None Available
The Bank Of New York Mellon $77,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layman Alyssa $196,377
Previous Owner Mullen Thomas $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $45,000 -8.2% $26 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $49,000 -- $28 / 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
2021 $1,110 $150,000 $62,300 $87,700
2020 $1,065 $150,000 $62,300 $87,700
2019 $943 $150,000 $62,300 $87,700
2018 $943 $138,700 $68,700 $70,000
2017 -- $138,700 $68,700 $70,000
2016 -- $138,700 $68,700 $70,000
2015 -- $138,700 $68,700 $70,000
2014 -- $138,700 $68,700 $70,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    GOREE WAUGH

    Jack Samuels Realty

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Map

Source: Bright MLS

MLS Number: 1003835358

Bright MLS

APN: 45A-3-7

Virginia Madison County Madison 22727

86 Azalea Ct, Madison, VA

Not Listed for Sale

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