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505 Gold Valley Rd, Locust Grove, VA, 22508

$615,000

Home List Price

$7,303*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,125 SqFt
$197/SqFt
House

Location

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505 Gold Valley Rd, Locust Grove$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Garage - Side Entry, Circular Driveway, Paved Driveway, Driveway, Attached Garage
Garage2 spaces
Year Built1988
HeatingHeat Pump
CoolingCeiling Fan(s), Heat Pump
BasementYes
FireplaceGas/Propane, Fireplace - Glass Doors, Mantel(s), Screen
ViewGarden, Golf Course, Panoramic, Trees/Woods
MLS #VAOR2007016
Lot Size0.24 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 505 Gold Valley Rd

Nestled among towering trees beside the verdant sixth fairway, this captivating Lindal Cedar California Ranch residence emanates a blend of cozy allure and tranquil charm. Its natural cedar facade seamlessly melds with the lush surroundings, while the sprawling ranch-style architecture exudes an aura of laid-back sophistication. With over 3000 sqft of living space, including 4 bedrooms and 3.5 bathrooms, this home offers an expansive layout ideal for both privacy and entertainment. Large windows and sliding glass doors frame picturesque views of the emerald fairways, seamlessly integrating the outdoors with the inviting interior. Inside, an open floor plan beckons gatherings, accentuated by comfortable living areas. With a snug fireplace and a cozy wood stove, the ambiance is further enhanced, providing warmth and charm on chilly evenings, and creating a haven of comfort and relaxation. The ensemble is rounded out by a gourmet kitchen, poised for culinary adventures. The main level hosts the primary bedroom, ensuring convenience and seclusion. Off the back deck, easily accessible from the primary bedroom, awaits a soothing Jacuzzi hot tub—a perfect spot to unwind and rejuvenate amidst the tranquil surroundings. Additional highlights abound, including a sunroom for basking in natural light, an open deck for alfresco dining, and a spring grill room for outdoor cooking enthusiasts. Moreover, a patio off the basement provides moments of quiet reflection. Completing the picture of luxury living is an oversized 2-car garage featuring built-in shelving and overhead storage, catering to both practical needs and refined tastes. With its harmonious blend of refined design, natural beauty, and abundant amenities, this home offers a sanctuary for golf aficionados and nature lovers alike—a serene escape from the bustle of the world. Within a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there's something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don't just take my word for it – come and see for yourself! Allow me to guide you through a tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1988
  • Stories: 2
  • Living Area: 3,125 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (540) 388-2541
  • Listing Agent: Keith A Neeley

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Refrigerator, Trash Compactor, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior: Breakfast Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Entry Level Bedroom, Stove - Wood, WhirlPool/HotTub, Recessed Lighting, Floor Plan - Open
  • Fireplace: Gas/Propane, Fireplace - Glass Doors, Mantel(s), Screen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Golf Course, Panoramic, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Garage - Side Entry, Circular Driveway, Paved Driveway, Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Heat Pump

Other

Directions Information:

  • Directions: From I-95, Take exit 130B toward VA-3 W/Culpeper. Drive about 14.4 miles. Turn left onto Lake of the Woods Way. Turn left onto Lakeview Pkwy. Go for 1.2 mi. Turn left onto Limestone Ln. Turn left onto Sand Trap Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $197/SqFt

HOA Fees:

  • Amount: $4150
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,615
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Locust Grove, VA.

Med. Sold Price

$420K

Med. Price/SqFt

$209

Avg. Days On Market

43

# of Sold Homes

55

505 Gold Valley Rd vs Locust Grove

217 DAYS ON ROCKET

+174 Days

$615,000

+$195K More

$197/SqFt

-$13 Less

KEY TAKEAWAY

This property is $195K more than the Median Sold Price and $13/SqFt less than other homes in Locust Grove, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAOR2007016

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (540) 388-2541
  • Listing Agent: Keith A Neeley

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: 12/18/2024, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2016Home Sold
$310,000
Mar 26, 2014Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,615$363,200
2019$2,460$306,000
2018$2,460$306,000
2017$2,460$306,000

History based on county public records data.

Payment Calculator

$3,482

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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.

Nearby Schools

school-card-donut-4339333
4
/10
  • Locust Grove Elementary School

  • 31208 Constitution Hwy

  • 4.68 miles

  • Public District Grades 3-5

school-card-donut-4339334
7
/10
  • Brock Road Elementary School

  • 10207 Brock Rd

  • 5.06 miles

  • Public District Grades PK-5

school-card-donut-4339335
5
/10
  • Wilderness Elementary School

  • 11600 Catharpin Rd

  • 7.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,465. The most common annual income of people living in Locust Grove, VA is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Gold Valley Rd

What is the listing price of this property?

The listing price of 505 Gold Valley Rd property is $615,000.

What type of property is this?

The property 505 Gold Valley Rd is a house located in Locust Grove, Virginia, 22508.

Is this property for sale now?

Accepting Backup Offers: 505 Gold Valley Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,615 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 22, 2016 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Gold Valley Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 505 Gold Valley Rd is 3,125 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Gold Valley Rd is 1988.

Rocket HomesVirginiaOrange CountyLocust Grove22508505 Gold Valley Rd

This home is located at 505 Gold Valley Rd in Locust Grove, VA and zip code 22508. This 3,125 square foot home, which was built in 1988, sits on a 0.24 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $615,000.

In November 2024, from all listings sold in Locust Grove, VA there were more than 13 sold above asking price, over 23 sold below and more than 19 were sold right at the asked price. Between October 2024 and November 2024, Locust Grove, VA real estate market has seen decrease in the number of listings by 3%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $420,000.

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

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