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1397 McElwee Road

1397 McElwee Road, Rockbridge Baths, VA 24473
Property in Rockbridge
Sold May 03, 2019
$385,000
$385,000 by Usda
Mortgage Due May 02, 2049
Sold Aug 04, 2015
$400,000
$190,000 by Bank Of Botetourt
Mortgage Due Aug 03, 2045
Local assessors in Rockbridge Baths, VA have categorized 1397 McElwee Road as a residential type of property. The home was built in 1865 and is 159 years old. The property's lot size has been calculated to be 1,159,567 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1397 McElwee Road has a total of 2,622 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,260 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of metal. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on a partial air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1397 McElwee Road sold most recently in Apr 10, 2019 for a total of $385,000. If you work out the math, that's approximately a cost of $146.83 per sqft. Before that, the property was also sold for $400,000 in Jul 22, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,136 in taxes each year. 1397 McElwee Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $525,000. If we break it down further, the land itself was valued at $247,200. Improvements to the property, however, were assessed at a total of $277,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1865
  • Effective Year Built: 1865
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Garage
  • Garage Type: Garage
  • Garage Square Area: 1,260
  • Parking Space Count: 5
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 1,159,567
  • Total Building Area: 2,622
  • Building Area: 2,622
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Partial air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,622
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: WALKERS CREEK MAGISTERIAL DISTRICT
  • Land Acres: 26.62
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: BUCHANAN BARE 726

Ownership

  • Current Owner : STRECKER WILLIAM HALE
  • Previous Owner : WHIPPLE ROBERT M
  • Previous Owner 2: WHIPPLE STEPHANIE A
  • Owner Before Previous Owner: DREXLER ALLAN B
  • Owner Before Previous Owner 2: DREXLER CATHERINE G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockbridge County Public Schools
  • Census Tract: 930200

Zoning

  • Zoning: A-2

Geography

  • Account Number: 1488
  • Parcel: 25 A 11
  • Municipality: KERRS CREEK DISTRICT
  • Latitude: 37.9275
  • Longitude: -79.3485

    Address

  • Full Address: 1397 Mcelwee Rd
  • Address - House Number: 1397
  • Address - Street Name: Mcelwee
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Rockbridge Baths
  • Carrier Code: R001
  • 4-Digit Zip Code: 2000
  • Zip Code: 24473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,136

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 556,896
  • High Value: 664,099
  • Low Value: 449,694

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $409,000
  • First Open Lien Mortgage Lender: USDA
  • First Open Lien Mortgage Recording Date: May 03, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $385,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: May 02, 2049
  • Second Open Lien Mortgage Lender: CORNER STONE BANK
  • Second Open Lien Mortgage Recording Date: Mar 04, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $24,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Mar 04, 2054

    Market Valuation

  • Market Total Value: $525,000
  • Market Land Value: $247,200
  • Market Improvement Value: $277,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,000
  • Assessed Land Value: $247,200
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: Apr 10, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Transaction ID: 11606778508
  • Current Sale Price: $385,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 190001038
  • Previous Sale Recording Date: Aug 04, 2015
  • Previous Sale Contract Date: Jul 22, 2015
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: USDA
  • First Mortgage Transaction Date: May 03, 2019
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: May 02, 2049

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF BOTETOURT
  • Previous Mortgage Transaction Date: Aug 04, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 03, 2045

About Rockbridge



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Frequently Asked Questions

What neighborhood is 1397 McElwee Road located in?
The 1397 McElwee Road is a located in the neighborhood of Rockbridge in Rockbridge, Rockbridge Baths.
What is the average sales price for listings in 1397 McElwee Road?
The average sales price for units in 1397 McElwee Road is $0 currently.

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