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$65,000   Price Analysis
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540 Lost Lakeview Rd
Madison, VA 22727
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.76 acre lot.
Listed 2024-05-10, HOA $25, Taxes $285
Ⓧ USDA Ineligible
due to property

near Madison

Great lot located in the Lost Valley Subdivision.

* Has Contingent Offer *

This 2.76 parcel offers seasonal mountain views and a PICTURESQUE setting where you can enjoy seeing wildlife pass through. No hunting within the HOA, but Lost Valley is partially bordered by the Rapidan Wildlife Management, a short distance away. Nearby hiking at Shenandoah National Park or even in your own back yard! This lot currently has a shed/cabin with a loft and wood burning fireplace.

The property survey was done in 2023 along with major soil improvement, land clearng and leveling. In 2023, the property was approved for primary and 100% reserve for a 2BR. Well and septic permit was acquired in 2023. Come out and see what this lot has to offer!


Presented by Muhammad Ibrahim at
Fairfax Realty Select .


Property MLS #VAMA2001698 from BrightMLS

Lot Size Acres: 2.7600093
Lot Size Square Feet: 120226

View: Trees/Woods, Mountain

Association: Yes
Association Fee: 300
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 25

Elementary School: WAVERLY YOWELL
High School: MADISON COUNTY
Middle School: WILLIAM WETSEL
School District: MADISON COUNTY PUBLIC SCHOOLS

Madison County High School is a public high school located approximately 7 miles away.
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William H. Wetsel Middle School is a public middle school located approximately 7.1 miles away.
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Waverly Yowell Elementary School is a public elementary school located approximately 7.3 miles away.
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Annual Tax Amount: 286.0
Source Listing Status: Active Under Contract
County: MADISON
Current Use: Land/Lot Only
Ownership: Fee Simple
Source Property Type: Land
Area: MADISON
Source Neighborhood: LOST VALLEY
Subdivision: LOST VALLEY
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$4,800 + $33,800
$38,600
$285
2021$4,800 + $33,800
$38,600
$285
2020$unknown + $33,800
$33,800
$239
2019$unknown + $33,800
$33,800
$236
2018$19,400 + $20,900
$40,300
$274
2017$19,400 + $20,900
$40,300
$274
2016$19,400 + $20,900
$40,300
$274
2014$19,400 + $20,900
$40,300
$274
2014$19,400 + $20,900
$40,300
$274
2013$19,400 + $20,900
$40,300
$270
2012$24,200 + $28,800
$53,000
$280
2011$24,200 + $28,800
$53,000
$265
2010$24,200 + $28,800
$53,000
$233
2009$24,200 + $28,800
$53,000
$233

Listed 2024-05-10
$65,000
BrightMLS
Sold 2023-06-02
$50,000
BrightMLS
Listed 2023-05-11
$55,000
BrightMLS
Sold 2018-03-19
$20,000
Charlottesville
Listed 2017-10-26
$39,900
Charlottesville
Listing removed 2017-10-24
$39,900
MRIS
Listing removed 2017-08-25
$39,900
Charlottesville
Listed 2017-03-26
$39,900
Charlottesville
Listed 2017-03-02
$39,900
BrightMLS
Listed 2017-03-02
$39,900
MRIS
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.