NOT LISTED FOR SALE

11 Jaspers Ln Stuarts Draft, VA 24477

Estimated Value: $708,000 - $870,023

2.44 Acres
$330,023 Price per Acre
106,286 Sq Ft Lot

Last Sold March 20, 2024

Last sale price $130,000

Est. 519% increase in value since last sale

Current estimated payment $4,672/month

409 Days on Market

Highlights

  • Water Oriented
  • Mountain View
  • Jogging Path
  • Waterfront
  • Clubhouse
  • Picnic Area

About This Lot

As of March 2024

Beautiful 2.44 acre homesite on a creek in Shannon Lea community. The lot has already been perked and plans for the Percy floor plan by Don Gardner could convey. This bucolic neighborhood offers an open and nearly flat topography with 360 degree views of the Blue Ridge Mountains. Conveniently located to several towns and I-64. Many of the lots have already been developed with beautiful homes. The vacant lots all could be connected to public water and will require a septic system. Some of the neighborhood amenities include concrete walk/ bike paths, a Club House for your neighborhood or private gatherings and a Pavilion with a stone fireplace and picnic tables. What a great opportunity to build your dream home in an exclusive neighborhood that is privately located in the country and yet only minutes away from several towns and I-64. Discount is available for builders and investors who might be looking to purchase more than one lot. Adjoining to the already developed Phase I of Shannon Lea is also a 43ac land tract that could be developed into 35 1+acre lots. A great opportunity for an investor or a builder to take this neighborhood to the next stage. Owner will negotiate here. Contact listing agent for more information.

Last Agent to Sell the Property

Dima Holmes

(434) 962-2252 dimadholmes@gmail.com WINTERGREEN REALTY, LLC License #0225104226[926] Listed on: 09/16/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $410

Lot Details

  • 2.44 Acre Lot
  • Waterfront
  • Creek or Stream
  • Level Lot
  • Property is zoned R-2

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Guy K. Stump Elementary School
  • Stuarts Draft Middle School
  • Stuarts Draft High School

Utilities

  • Underground Utilities
  • Septic Tank

Community Details

Overview

  • Association fees include common area maintenance, recreation facility
  • Shannon Lea Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Jogging Path
  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$410

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Current Use: Vacant, Timber, Livestock
  • Remarks Public: Beautiful 2.44 acre homesite on a creek in Shannon Lea community. The lot has already been perked and plans for the Percy floor plan by Don Gardner could convey. This bucolic neighborhood offers an open and nearly flat topography with 360 degree views of the Blue Ridge Mountains. Conveniently located to several towns and I-64. Many of the lots have already been developed with beautiful homes. The vacant lots all could be connected to public water and will require a septic system. Some of the neighborhood amenities include concrete walk/ bike paths, a Club House for your neighborhood or private gatherings and a Pavilion with a stone fireplace and picnic tables. What a great opportunity to build your dream home in an exclusive neighborhood that is privately located in the country and yet only minutes away from several towns and I-64. Discount is available for builders and investors who might be looking to purchase more than one lot. Adjoining to the already developed Phase I of Shannon Lea is also a 43ac land tract that could be developed into 35 1+acre lots. A great opportunity for an investor or a builder to take this neighborhood to the next stage. Owner will negotiate here. Contact listing agent for more information.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 53278.69
  • Street Number Modifier: Lot 11

Exterior Features

  • Construction Completed: No
  • View: Mountain
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: Septic Exists
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 500.00
  • Condo Co-Op Fee Frequency: One Time
  • HOA Condo Co-Op Amenities: Club House, Picnic Area, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Recreation Facility
  • HOA: Yes

Schools

  • School District: AUGUSTA COUNTY PUBLIC SCHOOLS
  • Elementary School: GUY K. STUMP
  • Middle School: STUARTS DRAFT
  • High School: STUARTS DRAFT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141271549
  • School District Source: Listing Agent
  • Elementary School: GUY K. STUMP
  • High School: STUARTS DRAFT
  • Middle Or Junior School: STUARTS DRAFT

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 2.44
  • Zoning: R-2
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 410.00
  • Tax Year: 2022
  • Close Date: 03/20/2024

MLS Schools

  • School District Name: AUGUSTA COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Frazier Mark D and Frazier Dana L
Bought by
Pappas Zachary Thomas and Pappas Rachel Leigh
Current Estimated Value
$805,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,250
Outstanding Balance
$416,596
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$388,660

Purchase Details

Closed on
Feb 24, 2009
Sold by
National Developers Of Virginia Llc
Bought by
Frazier Mark D and Frazier Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
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
Pappas Zachary Thomas $790,000 Old Republic National Title
Frazier Mark D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pappas Zachary Thomas $425,250
Previous Owner Frazier Mark D $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $130,000 0.0% --
10/30/2023 10/30/23 Pending -- -- --
09/16/2022 09/16/22 For Sale $130,000 -- --
Source: Bright MLS

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 $4,484 $862,300 $70,000 $792,300
2024 $4,484 $862,300 $70,000 $792,300
2023 $3,229 $512,600 $75,000 $437,600
2022 $3,229 $512,600 $75,000 $437,600
2021 $3,229 $512,600 $75,000 $437,600
2020 $3,229 $512,600 $75,000 $437,600
2019 $3,229 $512,600 $75,000 $437,600
2018 $2,967 $470,975 $75,000 $395,975
2017 $2,732 $470,975 $75,000 $395,975
2016 $2,732 $470,975 $75,000 $395,975
2015 $1,978 $470,975 $75,000 $395,975
2014 $1,978 $458,015 $75,000 $383,015
2013 $1,978 $412,100 $71,700 $340,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 634796

Bright MLS

APN: 084H-1-36