NOT LISTED FOR SALE

Estimated Value: $724,000 - $1,057,000

227.26 Acres
$3,898 Price per Acre
9,899,445 Sq Ft Lot

Last Sold June 08, 2021

Last sale price $670,000 $665 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,841/month

Highlights

  • Home fronts navigable water
  • 227.26 Acre Lot
  • Partially Wooded Lot
  • Water Access
  • Private Lot
  • No HOA

About This Lot

As of June 2021

Rocky Hill Farm consists of 227 acres +/- with fantastic views of the James River Valley, 1500' +/- of James River frontage, 70 acres +/- of pastures and hay fields. This property is ideal for a home, retreat, farming, horses, and hunting. Several wonderful home sites in a peaceful and beautiful setting. All improvements are being sold in as is condition.

Last Agent to Sell the Property

Gayle Harvey

Gayle Harvey Real Estate Inc Listed on: 10/30/2018

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,548

Lot Details

  • 227.26 Acre Lot
  • Home fronts navigable water
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned A-1

Location

  • Flood Risk

Schools

  • Nelson County High School

Utilities

  • Well
  • No Septic System

Listing and Financial Details

  • Assessor Parcel Number 89-A-36

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$7,548

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rocky Hill Farm consists of 227 acres +/- with fantastic views of the James River Valley, 1500 +/- of James River frontage, 70 acres +/- of pastures and hay fields. This property is ideal for a home, retreat, farming, horses, and hunting. Several wonderful home sites in a peaceful and beautiful setting. All improvements are being sold in as is condition.
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.07
  • Street Number Modifier: 11245

Exterior Features

  • Water Access: Yes
  • Water Body Name: James River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NELSON COUNTY PUBLIC SCHOOLS
  • High School: NELSON COUNTY
  • School District Key: 121141052214
  • High School: NELSON COUNTY

Lot Info

  • Additional Parcels: No
  • Lot Features: Private, Partly Wooded
  • Lot Size Acres: 227.26
  • Lot Size Area: 9899446
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9899446.00
  • Possible Use: Agriculture, Hunting, Livestock, Recreational, Residential
  • Year Assessed: 2014
  • Zoning: A-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17805385
  • Tax Annual Amount: 7548.48
  • Assessor Parcel Number: 89-A-36
  • Tax Data Updated: No
  • Tax Year: 2015
  • Close Date: 06/08/2021

MLS Schools

  • School District Name: NELSON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jun 4, 2021
Sold by
Carter Elizabeth J and Banton Margaret J
Bought by
Knight Norman D
Seller's Agent
Gayle Harvey
Gayle Harvey Real Estate Inc
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$800,000
Sold Price
$670,000
Premium/Discount to List
-$130,000
-16.25%
Current Estimated Value
$885,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,816
Avg. Annual Appreciation
4.01%
Original Mortgage
$536,000
Outstanding Balance
$489,489
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$302,662

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jun 2, 2021
Sold by
Robertson Carter Elizabeth Jane and Robertson Banton Margaret
Bought by
Knight Norman D
Seller's Agent
Gayle Harvey
Gayle Harvey Real Estate Inc
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$800,000
Sold Price
$670,000
Premium/Discount to List
-$130,000
-16.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$489,489
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$302,662
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
Knight Norman D $670,000 Westcore Title
Knight Norman D $670,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Norman D $536,000
Closed Knight Norman D $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $670,000 0.0% $0 / Sq Ft
06/08/2021 06/08/21 Sold $670,000 0.0% $665 / Sq Ft
06/08/2021 06/08/21 Sold $670,000 -9.2% $665 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/06/2021 04/06/21 Pending -- -- --
04/06/2021 04/06/21 Pending -- -- --
07/20/2020 07/20/20 Price Changed $737,500 0.0% $732 / Sq Ft
07/17/2020 07/17/20 Price Changed $737,500 -7.8% $732 / Sq Ft
10/30/2018 10/30/18 For Sale $800,000 0.0% $794 / Sq Ft
04/09/2018 04/09/18 For Sale $800,000 0.0% $0 / Sq Ft
04/30/2016 04/30/16 For Sale $800,000 -- $794 / Sq Ft
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 $621 $703,900 $703,900 $0
2024 $621 $1,048,400 $1,048,400 $0
2023 $621 $1,048,400 $1,048,400 $0
2022 $621 $1,048,400 $1,048,400 $0
2021 $688 $1,048,400 $1,048,400 $0
2020 $688 $1,048,400 $1,048,400 $0
2019 $688 $1,048,400 $1,048,400 $0
2018 $688 $1,048,400 $1,048,400 $0
2017 $7,548 $1,048,400 $1,048,400 $0
2016 $7,548 $1,048,400 $1,048,400 $0
2015 $688 $0 $0 $0
2014 $688 $1,048,400 $1,048,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VANL100000

Bright MLS

APN: 89-A-36