NOT LISTED FOR SALE

1043 Spring Grove Rd Spout Spring, VA 24593

Estimated Value: $345,000

25 Acres
$13,800 Price per Acre
1,089,000 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $117,500 $0 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,978/month

7 Days on Market

About This Lot

As of April 2021

Amazing country property with fantastic setting back off of the road. Heavy duty driveway (rock), well and septic, as well as rolling native species hardwoods and pines! Shared driveway for both 25 and 51 acres that are available. Shop building with apartment and appliances convey including range-electric and refrigerator. Gas wall unit for heat. Roll up garage perfect for equipment and ATVs. One bedroom 1/2 bath with rough in for shower, living area and kitchen. Don't wait long to own this beautiful property in Appomattox County.

Last Listed By

THOMAS NOLEN

Nolen Real Estate License #0225047806 Listed on: 03/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $694

Year Built

  • 2023

Lot Details

  • 25 Acre Lot
  • Property is zoned A-1

Schools

  • Appomattox Elementary School
  • Appomattox Midl Middle School
  • Appomattox High School

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 48-A-68

Property Details

Property Type

Land

Est. Annual Taxes

$694

Year Built

2023

Lot Details

0

Listing Details

  • BuildingOnProperty: Other
  • Directions: From Appomattox, Hwy 460 West, right on Dogwood Ridge Rd, right on Spring Grove Rd, left at property. Gate.
  • Lot Measurement: Acres
  • Lot Sq Ft: 1089000.00
  • PrimaryMiddleSchool: Appomattox Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 48-A-68
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Disability Access: Rt of Way 50-59 Feet, Rd Frnt State Paved
  • Accessible Transportation: State Maintained Rd
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Legal Description: NR SPOUT SPRING INST 2008/82 2
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: A
  • Topography: Level to rolling

Utilities

  • Utilities: ElectricityAvailable, Septic System, Well Exists

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Appomattox
  • School District: Appomattox

Lot Info

  • Best Use: Dvlp to Residential, Recreational, Timber
  • Current Use: Investment, Recreational
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 694

MLS Schools

  • Primary School: Appomattox

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 28, 2021
Sold by
Brown Colin B and Brown Sharon A
Bought by
Arrington Matthew D
Seller's Agent
THOMAS NOLEN
Nolen Real Estate
Buyer's Agent
xANN NOLEN
Jim Nolen Real Estate
List Price
$125,000
Sold Price
$117,500
Premium/Discount to List
-$7,500
-6%
Total Days on Market
7
Current Estimated Value
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,500
Avg. Annual Appreciation
29.37%

Purchase Details

Closed on
Jan 10, 2008
Bought by
Brown Colin B and Brown Sharon A

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
Arrington Matthew D $117,500 --
Brown Colin B $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $117,500 -6.0% $0 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $125,000 -- $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
2024 $673 $285,600 $76,800 $208,800
2023 $673 $106,800 $76,800 $30,000
2022 $673 $106,800 $76,800 $30,000
2021 $673 $106,800 $76,800 $30,000
2020 $673 $106,800 $76,800 $30,000
2019 $681 $104,800 $74,800 $30,000
2018 $681 $104,800 $74,800 $30,000
2017 $681 $104,800 $74,800 $30,000
2016 $681 $104,800 $74,800 $30,000
2014 -- $104,800 $74,800 $30,000
2013 -- $104,800 $74,800 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330434

APN: 48( A) 68