NOT LISTED FOR SALE

1186 Penlan Rd Arvonia, VA 23004

Arvonia Neighborhood

Estimated Value: $210,820

101.69 Acres
$2,073 Price per Acre
4,429,660 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $170,000

Est. 24% increase in value since last sale

Current estimated payment $1,210/month

11 Days on Market

About This Lot

As of October 2021

Here is a very attractive land investment opportunity! 100+ acres in an established loblolly pine plantation with 6+ year growth. The property conveys with 4 tax parcels, interior roads, a wooded creek buffer, utility building, and a carport set up for equipment storage. This is a great weekend destination, hunting preserve and smart timber investment all in one! There is state road frontage and access to electric service along Penlan Rd as well as on the rear of the tract, offering flexible building options.

Last Agent to Sell the Property

Kelly Cox

Cox & Company Real Estate Inc License #0225044968 Listed on: 04/26/2021

Last Buyer's Agent

Russell Bell

Hill and River Realty LLC License #0225227013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,094

Lot Details

  • 101.69 Acre Lot
  • Zoning described as Agricultural

Schools

  • Buckingham Elementary And Middle School
  • Buckingham High School

Utilities

  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 52-0-0-19, 19B, 19C & 23

Property Details

Property Type

Land

Est. Annual Taxes

$1,094

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 101.691
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Farm, Hunting, Investment, Recreational, Single Family, Timber
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable
  • Waterfront: No
  • Other Structures: Utility Building(s)

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed
  • Utilities: Natural Gas Not Available, Phone Not Available, Electricity Available

Schools

  • Middle Or Junior School: Buckingham

Lot Info

  • Parcel Number: 52-0-0-19, 19B, 19C & 23
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1094.0

MLS Schools

  • Elementary School: Buckingham
  • High School: Buckingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2015
Sold by
Silva Group Llc
Bought by
Tharp Jeffrey David and Tharp Vicki Lynn
Current Estimated Value
$210,820
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
Tharp Jeffrey David $100,000 Fidelity Nat L Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $170,000 -5.6% --
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $180,000 +9.1% --
04/26/2021 04/26/21 For Sale $165,000 -- --
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 $751 $125,200 $124,200 $1,000
2024 $751 $125,200 $124,200 $1,000
2023 $651 $125,200 $124,200 $1,000
2022 $651 $125,200 $124,200 $1,000
2021 $651 $125,200 $124,200 $1,000
2020 $651 $125,200 $124,200 $1,000
2019 $914 $166,200 $166,200 $0
2018 -- $166,200 $166,200 $0
2017 -- $166,200 $166,200 $0
2016 $914 $166,200 $166,200 $0
2015 -- $166,200 $166,200 $0
2014 -- $181,200 $181,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Cox

    Seller's Agent in 2021

    Kelly Cox

    Cox & Company Real Estate Inc

    (804) 305-8852

    1 in this area

    89 Total Sales

    Kelly Cox
    Section Image
  • Russell Bell

    Buyer's Agent in 2021

    Russell Bell

    Hill and River Realty LLC

    (804) 712-8239

    1 in this area

    57 Total Sales

    Russell Bell
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2111541

Central Virginia Regional MLS

APN: 52-0-0-19-0

Virginia Buckingham County Arvonia 23004 Arvonia

1186 Penlan Rd, Arvonia, VA

This home is located at 1186 Penlan Rd, Arvonia, VA 23004 since 26 April 2021 and is currently estimated at $210,820. 1186 Penlan Rd is a home located in Buckingham County with nearby schools including Buckingham County Elementary School, Buckingham County Primary School, and Buckingham County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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