$90,000
SOLD JUN 20, 2022
1.3 Acres
$69,231 Price per Acre
56,628 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

16% Below List Price

17 Days on Market

About This Lot

As of November 2023

Wonderful opportunity to own a buildable lot for your home in the River Ridge Subdivision (no HOA) - ready to clear and construct now! This heavily wooded 1.3-acre lot gives you the space and the privacy you want. Perc test is completed and approved; Well has also been approved by the County Less than four miles from Spring Run Elementary and around six miles to Pocahontas State Park.

Last Agent to Sell the Property

Marianne Raymond

Assist2Sell Buyers and Sellers License #0225176289 Listed on: 04/25/2022

Last Buyer's Agent

Kevin McNulty

Market Square Realty LLC License #0225090843

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $592

Lot Details

  • 1.3 Acre Lot
  • North Facing Home
  • Level Lot
  • Wooded Lot
  • Zoning described as R25

Schools

  • Grange Hall Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Water Not Available
  • Well Required
  • Sewer Not Available

Community Details

  • River Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 724-64-89-62-600-000

Property Details

Property Type

Land

Est. Annual Taxes

$592

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: River Ridge
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Level, Wooded
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Water Source: None, Well Needed
  • Electricity On Property: Yes
  • Utilities: Cable Available, Fiber Optic Available, Natural Gas Available, Underground Utilities, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 724-64-89-62-600-000
  • Wooded Area: 1.3
  • Zoning Description: R25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 592.0

MLS Schools

  • Elementary School: Grange Hall
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Oct 27, 2023
Sold by
Lifestyle Builders And Developers Inc
Bought by
Hobbelman Reinier and Hobbelman Chelsey Suggs
Seller's Agent
Jessica Guerra
Market Square Realty LLC
Buyer's Agent
Jerry Ford
RVA Elite Realtors
List Price
$495,950
Sold Price
$470,000
Premium/Discount to List
-$25,950
-5.23%
Views
132
Current Estimated Value
$498,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,624
Avg. Annual Appreciation
3.00%
Original Mortgage
$376,000
Outstanding Balance
$369,217
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$125,736

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 16, 2022
Sold by
Ross Lightsey
Bought by
Lifestyle Builders And Developers Inc
Seller's Agent
Marianne Raymond
Assist2Sell Buyers and Sellers
Buyer's Agent
Kevin McNulty
Market Square Realty LLC
List Price
$107,000
Sold Price
$90,000
Premium/Discount to List
-$17,000
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
234.18%
Original Mortgage
$5,000,000
Interest Rate
5.27%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Bargain Sale Deed $470,000 Chicago Title
Bargain Sale Deed $180,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 New Conventional
Previous Owner $5,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $470,000 -1.0% $228 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $474,950 -2.1% $230 / Sq Ft
08/17/2023 08/17/23 Price Changed $484,950 -1.0% $235 / Sq Ft
08/03/2023 08/03/23 Price Changed $489,950 -1.2% $238 / Sq Ft
06/12/2023 06/12/23 For Sale $495,950 +451.1% $241 / Sq Ft
06/20/2022 06/20/22 Sold $90,000 -12.2% $44 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $102,500 -4.2% $50 / Sq Ft
04/25/2022 04/25/22 For Sale $107,000 -- $52 / Sq Ft
Source: Central Virginia Regional 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 $3,782 $422,100 $80,700 $341,400
2024 $3,782 $415,500 $80,700 $334,800
2023 $707 $77,700 $77,700 $0
2022 $592 $64,400 $64,400 $0
2021 $296 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2210812

Central Virginia Regional MLS

APN: 724-64-89-62-600-000