NOT LISTED FOR SALE

118 Developmental Rd Stuart, VA 24171

Estimated Value: $53,000 - $214,000

0.5 Acre
$244,000 Price per Acre
21,780 Sq Ft Lot

Last Sold August 08, 2023

Last sale price $6,000

Est. 1,933% increase in value since last sale

Current estimated payment $648/month

817 Days on Market

About This Lot

As of August 2023

Nice building lot in the Town of Stuart with public water and sewer available. Convenient to shopping, churches, urgent care, and within walking distance to the Mayo River Rail Trail. There are some nice lawn trees, and once the lot is bush-hogged it will make a beautiful home site. The price has been drastically reduced.

Last Agent to Sell the Property

Warren Rodgers

Warren Rodgers Realty Brokerage Phone: 2766944646 License #0225050436 Listed on: 04/24/2021

Last Buyer's Agent

Warren Rodgers

Warren Rodgers Realty Brokerage Phone: 2766944646 License #0225050436 Listed on: 04/24/2021

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R1

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Stuart Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Lot Size: .5 acres
  • Road Surface Type: Paved
  • Subdivision Name: Stuart
  • Directions: From downtown Stuart, VA take Commerce Street to left on Developmental Road, lot on right at sign.
  • Attribution Contact: 2766944646
  • Special Features: None

Exterior Features

  • Lot Features: Lot

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 9, 2023
Sold by
Holt Mary Susan Campbell Le
Bought by
Spence Richard Allen and Spence Amy Michelle
Seller's Agent
Warren Rodgers
Warren Rodgers Realty
Buyer's Agent
Warren Rodgers
Warren Rodgers Realty
List Price
$12,000
Sold Price
$6,000
Premium/Discount to List
-$6,000
-50%
Views
25
Current Estimated Value
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,000
Avg. Annual Appreciation
254.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Spence Richard Allen $6,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2023 08/20/23 Off Market $12,000 -- --
08/08/2023 08/08/23 Sold $6,000 -50.0% --
07/21/2023 07/21/23 Pending -- -- --
04/24/2021 04/24/21 For Sale $12,000 -- --
Source: Martinsville, Henry & Patrick Counties 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 $82 $11,200 $11,200 $0
2024 $82 $11,200 $11,200 $0
2023 $82 $11,200 $11,200 $0
2022 $82 $11,200 $11,200 $0
2021 $76 $11,200 $11,200 $0
2020 $76 $11,200 $11,200 $0
2019 $76 $11,200 $11,200 $0
2018 $64 $11,200 $11,200 $0
2017 -- $11,200 $11,200 $0
2016 $64 $11,200 $11,200 $0
2015 -- $11,200 $11,200 $0
2014 -- $14,400 $14,000 $400
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Warren Rodgers

    Warren Rodgers Realty

    (276) 692-6999

    76 Total Sales

    Warren Rodgers
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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 135742

APN: 4811100053

Virginia Patrick County Stuart 24171

118 Developmental Rd, Stuart, VA

Not Listed for Sale

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