NOT LISTED FOR SALE

1491 Pine Mountain Rd Independence, VA 24348

Estimated Value: $36,670 - $58,000

0.76 Acre
$62,283 Price per Acre
33,106 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $29,000 $17 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $253/month

4 Days on Market

Highlights

  • No HOA
  • Views
  • Wire Fence

About This Lot

As of July 2021

Location is key on this one of a kind very nice buildable lot. This old home place has so many possibilities. It is currently housing a 2004 travel tralier. The property has well, septic, and electric. You don't run across these types of properties every day. There is a second site for another camper on the property. You could also build your forever home on the property. Could be the perfect weekend getaway, hunters lodge. or just a place to get away with the family. The views from this property are absolutely priceless. There is an old foundation on the property that could be utilized or removed for more room for outdoor activities. Nice gravel driveway brings you right up to the center of the lot. this is one property you don't want to miss.

Last Agent to Sell the Property

Arnold Grimm

Cox Realty License #0225240426 Listed on: 06/15/2021

Last Buyer's Agent

Sara Baker

Tri-County Real Estate License #0225246130

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $125

Lot Details

  • 0.76 Acre Lot
  • Property fronts a county road
  • Wire Fence
  • Cleared Lot
  • Property is zoned sing fam

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 1491

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$125

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.76
  • Lot Size: 0.76
  • Road Frontage Type: County Road
  • Directions: From the intersection Hwy 58 and Hwy 89 [main street] Galax. Travel west on 58 for approximately 3.1 miles. Turn Right onto Va. 94 for approximately 4.2 miles. Continue straight onto Va. 274 West for approximately 3.2 miles. Turn Right onto Pine Mountain Rd. Travel approximately 1.6 miles, property will be on your left.
  • Special Features: None

Interior Features

  • Possible Use: Current Use, Residential, Manufactured Home, Single Family

Exterior Features

  • Fencing: Fenced, Wire
  • Lot Features: Views, Cleared
  • Topography: Rolling,Mostly Level,Sloping
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None, Property Disclosure
  • Other Structures: Additional Structures(Outbuilding)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Gas Company: Other-See Remarks

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Independence

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33105.6
  • Zoning: sing fam
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 124.7
  • Tax Lot: 1491
  • Tax Map Number: 54-A-119E
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 1, 2021
Sold by
Goad Jimmy
Bought by
Wilhite Ray
Seller's Agent
Arnold Grimm
Cox Realty
Buyer's Agent
Sara Baker
Tri-County Real Estate
List Price
$32,900
Sold Price
$29,000
Premium/Discount to List
-$3,900
-11.85%
Current Estimated Value
$46,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,753
Avg. Annual Appreciation
11.42%

Purchase Details

Listed on
Jul 17, 2019
Closed on
Nov 10, 2020
Sold by
Stevens John K and Stevens Cydney K
Bought by
Goad Jimmy
Seller's Agent
Dennis Bullins
Cox Realty
Buyer's Agent
Arnold Grimm
Cox Realty
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.57%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Fannie Mae
Bought by
Stevens John K

Purchase Details

Closed on
Nov 1, 2011
Sold by
Prof Foreclosure Corp Of Va
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilhite Ray $29,000 None Listed On Document
Goad Jimmy $25,000 Attorney
Stevens John K $24,000 --
Federal National Mortgage Association $66,897 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Sold $29,000 -11.9% $17 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $32,900 +31.6% $20 / Sq Ft
11/12/2020 11/12/20 Sold $25,000 -16.4% $15 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
07/17/2019 07/17/19 For Sale $29,900 -- $18 / Sq Ft
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
2024 $110 $20,400 $19,000 $1,400
2023 $110 $20,400 $19,000 $1,400
2022 $127 $20,400 $19,000 $1,400
2021 $127 $21,500 $19,000 $2,500
2020 $125 $21,500 $19,000 $2,500
2019 $105 $21,500 $19,000 $2,500
2018 $105 $21,500 $19,000 $2,500
2017 $105 $21,500 $19,000 $2,500
2016 -- $21,500 $19,000 $2,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 78736

APN: 54 - A- - 119E