NOT LISTED FOR SALE

8728 N Wales Rd Warrenton, VA 20186

Estimated Value: $752,000 - $839,308

7.39 Acres
$106,269 Price per Acre
321,908 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $615,000 $855 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,725/month

Highlights

  • Water Views
  • Pond
  • No HOA
  • Guest House
  • Partially Wooded Lot
  • Office or Studio

About This Lot

As of October 2021

"Oak Ridge", Prime Warrenton location, off Springs Road, surrounded by large farms & estates. House circa 1890, 2 BR, 1 full BA, 1/2 BA, FP, hard wood floors, updated kitchen. Improvements include garage, 2 sheds/studio potential. Property shares large spring fed pond. Private setting on7.38 acres.Would make an excellent second home or hunt box. (Property is currently Leased until 9/30/21. Need 24 house notice to show.)

Last Agent to Sell the Property

Paul MacMahon

(703) 609-1905 macmahonp@icloud.com Sheridan-MacMahon Ltd. License #0225030483 Listed on: 07/27/2021

Last Buyer's Agent

Jen Darwin

(703) 898-7802 jen@networkrg.com Network Realty Group License #0225235596

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,817

Lot Details

  • 7.39 Acre Lot
  • Landscaped
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • 6972-17-9525
  • Property is zoned RA

Utilities

  • Well
  • On Site Septic

Additional Features

  • Water Views
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 6972-27-3915

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond
  • Office or Studio
  • Shed
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,817

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: "Oak Ridge", Prime Warrenton location, off Springs Road, surrounded by large farms & estates. House circa 1890, 2 BR, 1 full BA, 1/2 BA, FP, hard wood floors, updated kitchen. Improvements include garage, 2 sheds/studio potential. Property shares large spring fed pond. Private setting on7.38 acres.Would make an excellent second home or hunt box. (Property is currently Leased until 9/30/21. Need 24 house notice to show.)
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 1.91
  • Street Number Modifier: 8728

Exterior Features

  • Other Structures List: Shed, Storage Barn/Shed, Guest House, Office/Studio
  • Construction Completed: No
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: FAUQUIER COUNTY PUBLIC SCHOOLS
  • School District Key: 121140614887
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6972-17-9525
  • Improvement Assessed Value: 120900.00
  • Lot Features: Backs To Trees, Cleared, Landscaping, Partly Wooded, Pond, Trees/Wooded
  • Lot Size Acres: 7.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 321769.00
  • Property Attached Yn: No
  • Year Assessed: 2021
  • Zoning: RA
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21452261
  • Tax Annual Amount: 3817.00
  • Assessor Parcel Number: 6972-27-3915
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/12/2021

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 12, 2021
Sold by
Jackson Creek Llc
Bought by
Mccauley James Robert
Seller's Agent
Paul MacMahon
Sheridan-MacMahon Ltd.
Buyer's Agent
Jen Darwin
Network Realty Group
List Price
$695,000
Sold Price
$615,000
Premium/Discount to List
-$80,000
-11.51%
Current Estimated Value
$785,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,327
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Nov 9, 2020
Sold by
Thorsen John L
Bought by
Jackson Creek Llc

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 19, 2019
Sold by
Wolff Paul M and Schwartz Rhea S
Bought by
Thorsen John L
Seller's Agent
Paul MacMahon
Sheridan-MacMahon Ltd.
Buyer's Agent
Paul MacMahon
Sheridan-MacMahon Ltd.
List Price
$550,000
Sold Price
$425,000
Premium/Discount to List
-$125,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$170,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mccauley James Robert $615,000 None Available
Jackson Creek Llc -- None Available
Thorsen John L $212,500 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorsen John L $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $615,000 0.0% $855 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $615,000 -11.5% $855 / Sq Ft
07/27/2021 07/27/21 For Sale $695,000 +63.5% $967 / Sq Ft
12/18/2019 12/18/19 Sold $425,000 -15.0% $290 / Sq Ft View Prior Sale
10/11/2019 10/11/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $500,000 -9.1% $341 / Sq Ft
09/16/2019 09/16/19 For Sale $550,000 -- $375 / 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
2025 $7,273 $752,100 $263,100 $489,000
2024 $3,668 $387,500 $263,100 $124,400
2023 $4,014 $443,000 $263,100 $179,900
2022 $4,014 $443,000 $263,100 $179,900
2021 $3,831 $384,000 $263,100 $120,900
2020 $3,831 $384,000 $263,100 $120,900
2019 $3,878 $388,800 $267,900 $120,900
2018 $3,832 $388,800 $267,900 $120,900
2016 $3,578 $343,100 $251,400 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFQ2000724

Bright MLS

APN: 6972-27-3915