NOT LISTED FOR SALE

9160 Fairview Farm Ln Somerset, VA 22972

Estimated Value: $391,000 - $3,944,000

5 Beds
6.5 Baths
10,357 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $2,500,000 $241 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,983/month

325 Days on Market

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • 58.99 Acre Lot
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Farm

About This Home

As of February 2020

Fair View is a classic c. 1850 Brick Georgian situated in the heart of breathtaking Somerset VA. 25 Minutes drive to Charlottesville VA. The grand house includes 11 ft ceilings, a glorious center hall, renovated luxury kitchen, expansive master bedroom suite with private office and 2 full baths, walk in closets, 2nd bedroom suite on that level -3 more bedrooms (3rd floor and basement). 3-course Flemish Bond with a slate roof. Nearby Guest cottage, boxwoods and sweeping lawns, formal gardens and rose garden. Wonderful horse stables and extensive barn facilities with outdoor riding ring. There is a tenant house in "as-is" condition but this building could prove useful for farm manager. This is the complete package.

Last Agent to Sell the Property

Murdoch Matheson

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225058114 Listed on: 01/22/2019

Last Buyer's Agent

Murdoch Matheson

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225058114 Listed on: 01/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,971

Year Built

  • 1850

Lot Details

  • 58.99 Acre Lot
  • Elevated Lot
  • Poultry Coop
  • Property is Fully Fenced
  • Board Fence
  • Fence is in good condition
  • Landscaped
  • Gentle Sloping Lot
  • Irrigation
  • Private Yard
  • Garden
  • Property is zoned A Agricultural

Property Views

  • Panoramic
  • Ridge
  • Mountain
  • Garden

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 3-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Double Hung Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Home Security System

Kitchen

  • Butlers Pantry
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Pond

Farming

  • Equipment Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Run-In Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 04100000000250

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,971

Year Built

1850

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 7857
  • Animal: Domestic Pets, General Livestock, Horses, Alpaca/Llama, Chickens, Cows, Goats, Pigs, Turkeys
  • Below Grade Total Sq Ft: 2500
  • Dependencies: Guest House
  • Design: Georgian
  • L V T Date: 01/22/2019
  • Nameof Property: Fair View
  • Parcel Number: 04100000000250
  • Price Per Sq Ft: 241.38
  • Total Sq Ft: 10357
  • Type of Construction: On Site Built
  • Zoning: A Agricultural
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1850

Interior Features

  • Fireplace: Three Or More
  • Laundry: Dryer, Large Sink, Washer
  • Basement Type: Finished, Full, Heated, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Family Room, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Living Room, On Level: 1
  • Room 6: Kitchen, On Level: 1
  • Room 7: Butler's Pantry, On Level: 1
  • Room 8: Master Bedroom, On Level: 2
  • Room 9: Master Bath, On Level: 2
  • Room 10: Master Bath, On Level: 2
  • Room 11: Home Office, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Room 14: Bedroom, On Level: 3
  • Room 15: Full Bath, On Level: 3
  • Room 16: Bedroom, On Level: 3
  • Room 17: Bedroom, On Level: Basement
  • Room 19: Bonus Room, On Level: Basement
  • Room 20: Bar, On Level: Basement
  • Total Finished Sq Ft: 10357
  • Above Grade Finished Sq Ft: 7857
  • Basement: Yes
  • Below Grade Finished Sq Ft: 2500
  • Foundation: Brick, Stone
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Island, Recessed Light, Refrigerator, Surface Grill
  • Kitchen Cabinets Counters: Solid Surface Counter, Wood Cabinets
  • Land Description: Elevated, Farm, Garden Spot, Gently Rolling, Irrigation System, Landscape Lighting, Landscaped, Private
  • Level: 3 Story
  • Bathrooms: 6.5
  • Below Grade Bathrooms: 1
  • Number of Bathrooms Dependency: 1
  • Number Beds: 5
  • Number Beds Below Grade: 1
  • Number Beds Dependency: 1
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Room 18: Full Bath, On Level: Basement
  • Room 21: Family Room, On Level: Basement
  • Room 22: Exercise Room, On Level: Basement
  • Room 23: Bedroom, On Level: Dependency
  • Room 24: Full Bath, On Level: Dependency
  • Room Types: Bedroom, Bonus Room, Butler's Pantry, Dining Room, Exercise Room, Family Room, Foyer, Full Bath, Half Bath, Home Office, Home Theater, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room, Parlor, Rec Room, Study/Library, Utility Room, Master Bathroom
  • Room Types Level1: Butler's Pantry (L1), Dining Room (L1), Family Room (L1), Foyer (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Home Office (L2+), Master Bedroom (L2+)
  • Room Types Level B: Bedroom (LB), Bonus Room (LB), Exercise Room (LB), Family Room (LB), Full Bath (LB)
  • Source of Sq Ft: Owner

Exterior Features

  • Fence: Board, Condition Good
  • Exterior: Brick
  • Farm Features: Barn(s), Chicken Coop, Equipment Bldg, Feed Barn, Hay Storage, Outdoor Riding Arena, Paddock, Riding Trails, Run-In Shed, Stable, Tack Room
  • Number Of Acres: 58.99
  • Roof: Slate
  • Structure Deck Porch: Patio, Porch, Porch - Rear
  • Structure Features: Mbr Sitting Area, Renovated, Walk-In Closet
  • Structure Floors: Hardwood
  • Structure Security: Security System
  • Structure Window Ceiling: Double-Hung Windows
  • View: Blue Ridge View, Garden View, Mountain View, Pastoral View, Panoramic View
  • Water Property: Pond / Lake, Stream / Creek
  • Yard: Landscaped, Private

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Heat Pump, Natural Gas
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Lot Info

  • Lot Features: Barn, Fenced Fully, Garden Space, Horses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2010
Sold by
Peters Steven L and Peters Codie C
Bought by
Griffith Lee D
Current Estimated Value
$2,167,500

Purchase Details

Closed on
Feb 23, 2006
Sold by
Finnegan Michael E and Finnegan Stephaine C
Bought by
Peters Steven L and Peters Codie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Griffith Lee D $2,500,000 Old Republic National Title
Peters Steven L $2,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Steven L $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $2,500,000 -16.0% $241 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $2,975,000 -- $287 / 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
2024 $18,971 $2,246,700 $683,900 $1,562,800
2023 $18,971 $2,246,700 $683,900 $1,562,800
2022 $18,971 $2,246,700 $683,900 $1,562,800
2021 $16,580 $2,302,800 $683,900 $1,618,900
2020 $13,469 $2,255,300 $683,900 $1,571,400
2019 $15,848 $2,362,900 $683,900 $1,679,000
2018 $15,848 $2,362,900 $683,900 $1,679,000
2017 $15,848 $2,362,900 $683,900 $1,679,000
2016 $15,848 $2,362,900 $683,900 $1,679,000
2015 -- $2,286,900 $683,900 $1,603,000
2014 -- $85,400 $0 $85,400
Source: Public Records

Agents Affiliated with this Home

  • Murdoch Matheson

    Seller's Agent in 2020

    Murdoch Matheson

    FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

    (434) 981-7439

    90 Total Sales

    Murdoch Matheson
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 585034

Charlottesville area Association of Realtors®

APN: 041-00-00-00-0025-0

Virginia Orange County Somerset 22972

9160 Fairview Farm Ln, Somerset, VA

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