NOT LISTED FOR SALE

0 Sweet Hollow Rd Unit 314011 Big Island, VA 24526

Estimated Value: $334,000 - $377,790

183.29 Acres
$1,942 Price per Acre
7,984,112 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $245,000 $0 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,021/month

93 Days on Market

About This Lot

As of December 2018

Priced over $300,000 less than tax assessment. Opportunity to own one of the last large tracts in Bedford County that is an easy drive to Forest. 183 ACRES that is Just 16 Minutes to JF High, 15 minutes to downtown Bedford. Logged two years ago with lots of trees left and the rest growing FAST. Unbelievable views of the Peaks of Otter from almost anywhere on the property. Logging roads in place. Lots of wildlife. Great for your get-a-way from it all home, hunting haven or hold on for future use. Subdivide it for a family compound. Grab your agent and put on your hiking boots, it takes a long time to cover 183 acres, but it is well worth it. Also available as a 90 acre parcel (see MLS 314012 )

Last Agent to Sell the Property

Steven Drake

Wainwright & Co., Realtors License #0225201184 Listed on: 08/27/2018

Wainwright & Co., Realtors

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $380

Lot Details

  • 183.29 Acre Lot
  • Property is zoned AR

Schools

  • Big Island Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 42-A-16

Property Details

Property Type

Land

Est. Annual Taxes

$380

Lot Details

0

Listing Details

  • FILLACRES: 183.2900
  • BuildingOnProperty: None
  • Directions: From Lynchburg in Bedford take 122 North, Right on Charlemont Road, Left on Sweet Hollow. Property located on 3/10 of a mile on Right. Or, Perrowville to Old Cifax to Charlemont to Sweet Hollow.
  • Lot Measurement: Acres
  • Lot Sq Ft: 7984112.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: None
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 42-A-16
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Unpavd
  • Accessible Transportation: State Maintained Rd
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: NO BUSINESS MTBY WILL RESIDUE PB 58/140
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 1300.00
  • Topography: mix of flat areas with up slope. Lots of homesite areas. Many spots for crops, livestock, food plots.

Utilities

  • Utilities: ElectricityAvailable, No Soil Work Done, Telephone
  • Utility Electric: American Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: Big Island Elem
  • School District: Bedford

Lot Info

  • Best Use: Farming / Livestock, Investment, Recreational, Timber
  • Current Use: Timber, Unimproved
  • Zoning: AR

Tax Info

  • Estimated Taxes: 380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Dec 13, 2018
Sold by
700 West Llc
Bought by
Shrader Philip Brent and Shrader Carole Momoko
Seller's Agent
Steven Drake
Wainwright & Co., Realtors
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%
Current Estimated Value
$355,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,895
Avg. Annual Appreciation
5.70%
Original Mortgage
$192,000
Outstanding Balance
$169,814
Interest Rate
4.8%
Mortgage Type
Farmers Home Administration
Estimated Equity
$184,892

Purchase Details

Closed on
Jul 5, 2018
Sold by
Coleman Falls Land Llc
Bought by
700 West Llc

Purchase Details

Closed on
Jun 7, 2016
Sold by
Coleman Falls Land Llc A Virginia Limite
Bought by
Bell Jo Anne

Purchase Details

Closed on
Dec 29, 2015
Sold by
Reynolds Linda E
Bought by
Coleman Falls Land Llc A Virginia Limite
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shrader Philip Brent $240,000 Attorney
700 West Llc $159,000 Attorney
Bell Jo Anne $10,000 None Available
Coleman Falls Land Llc A Virginia Limite $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrader Philip Brent $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $245,000 -18.3% $0 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $299,900 -- $0 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,023 $249,400 $244,900 $4,500
2024 $212 $249,400 $244,900 $4,500
2023 $212 $25,800 $0 $0
2022 $236 $23,550 $0 $0
2021 $236 $47,100 $47,100 $0
2020 $236 $47,100 $47,100 $0
2019 $236 $47,100 $47,100 $0
2018 $328 $63,100 $63,100 $0
2017 $328 $63,100 $63,100 $0
2016 $701 $134,800 $111,400 $23,400
2015 $701 $134,800 $111,400 $23,400
2014 $704 $135,300 $111,400 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Steven Drake

    Seller's Agent in 2018

    Steven Drake

    Wainwright & Co., Realtors

    (540) 400-5212

    25 Total Sales

    Steven Drake
    Section Image

  • J

    Buyer's Agent in 2018

    Jimmy Miller

    John Stewart Walker, Inc

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 314011

APN: 42-A-16

Virginia Bedford County Big Island 24526

0 Sweet Hollow Rd Unit 314011, Big Island, VA

This home is located at 0 Sweet Hollow Rd Unit 314011, Big Island, VA 24526 since 27 August 2018 and is currently estimated at $355,895, approximately $0 per square foot. 0 Sweet Hollow Rd Unit 314011 is a home located in Bedford County with nearby schools including Big Island Elementary School, Liberty Middle School, and Liberty High School.

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