NOT LISTED FOR SALE

1305 E Lee Hwy Chilhowie, VA 24319

Estimated Value: $88,687 - $211,000

1.22 Acres
$122,823 Price per Acre
53,143 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $75,000

Est. 100% increase in value since last sale

Current estimated payment $866/month

117 Days on Market

Highlights

  • No HOA
  • Partially Fenced Property
  • Level Lot
  • Chilhowie Elementary School Rated 9+

About This Lot

As of February 2022

Over an acre of commercial land in Chilhowie in a prime location on Rt. 11 directly across from Chilhowie Middle and High Schools. This location is the site of a former motel.

Last Agent to Sell the Property

Bear Lloyd

Highlands Realty, Inc. License #0225246006 Listed on: 08/31/2021

Last Buyer's Agent

Shanna Berry

Matt Smith Realty License #0225063051

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,770

Lot Details

  • 1.22 Acre Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Level Lot
  • Irregular Lot
  • Property is zoned B2

Schools

  • Chilhowie Elementary And Middle School
  • Chilhowie High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 53D3-14-1

Property Details

Property Type

Land

Est. Annual Taxes

$1,770

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1.22
  • Road Frontage Type: Highway
  • Directions: Traveling North on I-81 Take exit 35 toward Whitetop Rd 0.3 mi Turn left onto Whitetop Rd 0.3 mi Turn right onto US-11 N Destination will be on the left in 0.8 mi 1305 E Lee Hwy, Chilhowie, VA 24319
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Fencing: Partial
  • Lot Features: Irregular Lot
  • Topography: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None
  • Other Structures: Additional Structures(Old Motel)

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available
  • Gas Company: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chilhowie
  • High School: Chilhowie
  • Middle Or Junior School: Chilhowie

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53143.2
  • Zoning: B2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1769.95
  • Tax Lot: 53D3-14-1
  • Tax Map Number: 53D3-14-1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Taylor Robert Eugene
Bought by
1305 East Lee Hwy Llc
Current Estimated Value
$149,844
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
1305 East Lee Hwy Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Robert E $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $75,000 -40.0% --
12/27/2021 12/27/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $125,000 -- --
Source: Southwest Virginia 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 $627 $106,300 $106,300 $0
2024 $627 $106,300 $106,300 $0
2023 $1,432 $193,500 $106,300 $87,200
2022 $1,432 $193,500 $106,300 $87,200
2021 $1,432 $193,500 $106,300 $87,200
2020 $1,439 $194,500 $106,300 $88,200
2019 $1,348 $182,100 $106,300 $75,800
2018 $1,348 $182,100 $106,300 $75,800
2017 $1,348 $182,100 $106,300 $75,800
2016 $1,348 $182,100 $106,300 $75,800
2015 $1,348 $0 $0 $0
2014 $2,683 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bear Lloyd

    Highlands Realty, Inc.

    Section Image
  • Shanna Berry

    Buyer's Agent in 2022

    Shanna Berry

    Matt Smith Realty

    (276) 492-9500

    1 in this area

    19 Total Sales

    Shanna Berry
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79875

APN: 53D3-14-1

Virginia Smyth County Chilhowie 24319

1305 E Lee Hwy, Chilhowie, VA

This home is located at 1305 E Lee Hwy, Chilhowie, VA 24319 since 31 August 2021 and is currently estimated at $149,844. 1305 E Lee Hwy is a home located in Smyth County with nearby schools including Chilhowie Elementary School, Chilhowie Middle School, and Chilhowie High School.

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