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Backup Offers

188 Bear Shop Ln, Reva, VA, 22735

$340,000

Home List Price

$4,038*

Closing Credit

4 Bedrooms
1 Full Bath, 2 Partial
2,292 SqFt
$148/SqFt
House

Location

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188 Bear Shop Ln, Reva$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1921
HeatingBaseboard
CoolingNone
BasementYes
FireplaceBrick, Wood, Mantel(s)
ViewPasture, Panoramic
MLS #VAMA2001892
Lot Size14.00 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 188 Bear Shop Ln

Nestled on 14 wooded acres in the charming Reva area of Madison County, Virginia, this picturesque 1921 classic brick and stone farm house is ready for TLC to bring it back to its former beauty. Ready for your plans, this HUD property is sold as-is and qualifies for FHA 203K renovation loan. Boasting 4 bedrooms and 1.5 baths, this brick home features pastoral views, outbuildings, wooded areas for privacy, and two fireplaces to warm up by during the winter months. The spacious living room, dining area, and den provide plenty of space for entertaining or relaxing with loved ones. Full unfinished walk-up basement with laundry room. Tucked away and surrounded by farmland on a private lane, this property is a rare find that offers the peace and tranquility you've been dreaming of. Don't miss your chance to create your own farmette in this idyllic setting! Seller nor its representatives make any representations or warranties regarding the property. HUD Case # 541-819166.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse/National Folk
  • Year Built: 1921
  • Stories: 2
  • Living Area: 2,292 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (540) 825-9898
  • Listing Agent: Mike K Butters

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Oven, Electric Range
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Combination Kitchen/Dining
  • Fireplace: Brick, Wood, Mantel(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Pasture, Panoramic
  • Exterior: Outbuilding(s)

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Wooded, Rural Area
  • Lot Size: 14.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Madison County High School, Public District Grades 9-12
  • William H. Wetsel Middle School, Public District Grades 6-8
  • Waverly Yowell Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: West on Hoover Rd-Right Novum Church Rd-Left Bear Shop (Private) to first driveway on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $148/SqFt
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Housing Market Comparison

See how this home compares to others in Reva, VA.

Med. Sold Price

$299.9K

Med. Price/SqFt

$304

Avg. Days On Market

7

# of Sold Homes

1

188 Bear Shop Ln vs Reva

20 DAYS ON ROCKET

+13 Days

$340,000

+$40.1K More

$148/SqFt

-$157 Less

KEY TAKEAWAY

This property is $40.1K more than the Median Sold Price and $157/SqFt less than other homes in Reva, VA.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAMA2001892

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (540) 825-9898
  • Listing Agent: Mike K Butters

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/25/2024, 12:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $270,600
2019 - $270,600
2018 - $284,600

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-21448
2
/10
  • Waverly Yowell Elementary School

  • 1809 N Main St

  • 6.61 miles

  • Public District Grades 3-5

Middle School

school-card-donut-21449
3
/10
  • William H. Wetsel Middle School

  • 186 Mountaineer Ln

  • 8.29 miles

  • Public District Grades 6-8

High School

school-card-donut-21450
5
/10
  • Madison County High School

  • 68 Mountaineer Ln

  • 8.32 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,414. The majority of Reva, VA residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 188 Bear Shop Ln

What is the listing price of this property?

The listing price of 188 Bear Shop Ln property is $340,000.

What type of property is this?

The property 188 Bear Shop Ln is a house located in Reva, Virginia, 22735.

Is this property for sale now?

Accepting Backup Offers: 188 Bear Shop Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 188 Bear Shop Ln are:
Waverly Yowell Elementary School: GreatSchools Rating 2/10
William H. Wetsel Middle School: GreatSchools Rating 3/10
Madison County High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 188 Bear Shop Ln has 4 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 188 Bear Shop Ln is 2,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 188 Bear Shop Ln is 1921.

Rocket HomesVirginiaMadison CountyReva22735188 Bear Shop Ln

This home is located at 188 Bear Shop Ln in Reva, VA and zip code 22735. This 2,292 square foot home, which was built in 1921, sits on a 14.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $340,000.

In September 2024, from all listings sold in Reva, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Reva, VA between August 2024 and September 2024 decreased by 7.1%. The median list price of listings available in September 2024 was $299,900, while the average time on the real estate market was 7 days.

From Rocket Homes Real Estate and based on county public records data.

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