NOT LISTED FOR SALE

1016 Ferney Creek Rd NW Willis, VA 24380

Estimated Value: $89,000 - $98,000

5.69 Acres
$16,432 Price per Acre
247,856 Sq Ft Lot

Last Sold May 29, 2024

Last sale price $72,000

Est. 30% increase in value since last sale

Current estimated payment $537/month

34 Days on Market

Highlights

  • Wooded Lot
  • Home fronts a stream
  • Creek or Stream
  • No HOA
  • Spring water is a source of water for the property

About This Lot

As of May 2024

Beautiful 5+\- acre wooded parcel in a great location. Secluded but not too far from main road. Power, well and 1 bedroom septic in place. Lot offers a small stream and a bold spring. Great start for building a home or use for recreational purpose. Additional 7+\- acre available

Last Agent to Sell the Property

Daniel Sowers

Thomas & Wall Real Estate LLC License #022510301 Listed on: 02/12/2024

Last Buyer's Agent

Daniel Sowers

Thomas & Wall Real Estate LLC License #022510301 Listed on: 02/12/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $331

Lot Details

  • 5.69 Acre Lot
  • Home fronts a stream
  • Creek or Stream
  • Rural Setting
  • Wooded Lot

Utilities

  • Spring water is a source of water for the property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5250K

Property Details

Property Type

Land

Est. Annual Taxes

$331

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Floyd
  • Legal Description: W F OF L R PC1-65, Floyd tax map 52-50K, +/- 5.69 acres
  • Lvt Date: 02/12/2024
  • Parcel Nbr: 5250K
  • Property Sub Type: Land
  • Water Frontage: Stream Frontage
  • Best Use: Res/Single Family
  • Estimated Wooded Acres: 5.6
  • Buildigs on Property: Other - See Remarks
  • Buildings on Property Other: homeplace no value
  • Location: Rural
  • Special Features: None

Utilities

  • Utilities: Spring

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Willis
  • High School: Floyd County

Lot Info

  • Estimated Lot Size: 5.69
  • Topography: Stream/Creek, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 29, 2024
Sold by
Schmidt Michaela and Schmidt Chantal Katherine
Bought by
Miller Bradford W H
Seller's Agent
Daniel Sowers
Thomas & Wall Real Estate LLC
Buyer's Agent
Daniel Sowers
Thomas & Wall Real Estate LLC
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Views
57
Current Estimated Value
$93,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,500
Avg. Annual Appreciation
15.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miller Bradford W H $72,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $72,000 -4.0% --
03/17/2024 03/17/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $75,000 -- --
Source: New River Valley 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 $331 $75,200 $56,100 $19,100
2024 $217 $32,400 $24,400 $8,000
2023 $211 $32,400 $24,400 $8,000
2022 $211 $32,400 $24,400 $8,000
2021 $204 $32,400 $24,400 $8,000
2020 $194 $32,400 $24,400 $8,000
2019 $194 $32,400 $24,400 $8,000
2018 $194 $32,400 $24,400 $8,000
2017 $178 $32,400 $24,400 $8,000
2016 $178 $32,400 $24,400 $8,000
2015 -- $32,400 $24,400 $8,000
2014 -- $37,100 $29,100 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 420146

New River Valley Association of REALTORS®

APN: 52-50K