5 months on rocket

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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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1988
HeatingElectric, Heat Pump
CoolingHeat Pump, ENERGY STAR Qualified Equipment
BasementYes
WaterfrontLake
FireplaceGas, Glassed-in, One
ViewGarden, Golf Course, Panoramic, Trees/Woods
MLS #VAOR2007016
Lot Size0.24 Acres
StatusActive

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 highlig

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Keith Neeley

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Fireplace: Gas, Glassed-in, One

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake
  • View: Garden, Golf Course, Panoramic, Trees/Woods

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, ENERGY STAR Qualified Equipment

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.

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Locust Grove, VA

City

Med. Sold Price

$420K

Med. Price/SqFt

$205

Avg. Days On Market

46

# of Sold Homes

37

505 Gold Valley Rd vs Locust Grove

174 DAYS ON ROCKET

+128 Days

$615,000

+$195K More

$197/SqFt

-$8 Less

KEY TAKEAWAY

This property is $195K more than the Median Sold Price and $8/SqFt less than other homes in Locust Grove, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAOR2007016

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Keith Neeley

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. 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: 11/15/2024, 5:20:48 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-369429
4
/10

  • Locust Grove Elementary School

  • 31208 Constitution Hwy

  • 4.68 miles

  • Public District Grades 3-5

school-card-donut-369430
7
/10

  • Brock Road Elementary School

  • 10207 Brock Rd

  • 5.06 miles

  • Public District Grades PK-5

school-card-donut-369431
5
/10

  • Wilderness Elementary School

  • 11600 Catharpin Rd

  • 7.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,465. Residents of Locust Grove, VA typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents 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?

Active Listing: 505 Gold Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

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 Homes›Virginia›Orange County›Locust Grove›22508›505 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 25, 2024 and is currently priced at $615,000.

In October 2024 more than 6 listings in Locust Grove, VA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 12 were sold below. In October 2024 in Locust Grove, VA there were 6.4% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $420,000, while the average time on the real estate market was 46 days.

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

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