NOT LISTED FOR SALE

1527 Franklin Pike SE Floyd, VA 24091

62 Acres
-- Price per Acre
2,693,750 Sq Ft Lot

Last Sold February 11, 2020

Last sale price $468,000

854 Days on Market

Highlights

  • Barn
  • Pond
  • No HOA
  • Waterfront
  • Wooded Lot
  • Separate Outdoor Workshop

About This Lot

As of February 2020

74 Acres of mixed pasture & woods with a creek at bottom of property and a woodland pond too. 5,000 sq.ft. metal/concrete floor workshop or ready to convert into a barn. There is an office and full bathroom inside. Additional 1100+sq.ft. metal building with covered breezeway between the larger workshop. 2 large pole sheds and additionally 2 other larger machine buildings. In the pasture are two run-in sheds. The upper pasture has a beautiful house site with long range views.This farm is waiting for a home and ready to either start your farming operation or business. Just minutes to the town of Floyd and to the Blue Ridge Parkway.

Last Listed By

Linda Devito

UC/Blue Ridge Land & Auction License #225177719 Listed on: 08/18/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,667

Lot Details

  • Waterfront
  • Creek or Stream
  • Rural Setting
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Home Design

  • Commercial or Retail Space

Farming

  • Barn
  • Machine Shed

Horse Facilities and Amenities

  • Hay Storage

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 56D15&4476

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pond
  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$4,667

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: 0132/0597
  • Legal Description: PINE CREEK ESTATES PC3-311B
  • Parcel Nbr: 56D15&4476
  • Property Sub Type: Land
  • Best Use: Commercial/Business, Dairy, Farming, Recreation, Res/Single Family
  • Estimated Cleared Acres: 54
  • Estimated Wooded Acres: 20
  • Buildigs on Property: Barn, Hay Shed, Shed, Tractor Shed, Workshop
  • Legacy Internal Listingid: 20170818154930899525000000
  • Legacy Username: nrv.ldevt
  • Location: Rural
  • Type Of Property: Commercial, Rural, Waterfront
  • Special Features: None

Utilities

  • Utilities: Electricity, Septic, Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • High School: Floyd County

Lot Info

  • Topography: Cleared, Pond, Rolling, Sloping, Stream/Creek, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Feb 6, 2020
Sold by
Mcbroom Donald H
Bought by
Jkmk Properties Llc
Seller's Agent
Linda Devito
UC/Blue Ridge Land & Auction
Buyer's Agent
Linda Devito
UC/Blue Ridge Land & Auction
List Price
$489,000
Sold Price
$468,000
Premium/Discount to List
-$21,000
-4.29%
Total Days on Market
854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,637
Outstanding Balance
$24,105
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Jkmk Properties Llc $468,000 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jkmk Properties Llc $45,637
Open Jkmk Properties Llc $374,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $468,000 -4.3% --
12/20/2019 12/20/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $489,000 +4.5% --
05/15/2019 05/15/19 Off Market $468,000 -- --
10/22/2018 10/22/18 For Sale $489,000 +4.5% --
09/19/2018 09/19/18 Pending -- -- --
09/01/2018 09/01/18 Off Market $468,000 -- --
08/18/2017 08/18/17 For Sale $489,000 -- --
Source: New River Valley 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 $4,667 $696,500 $276,400 $420,100
2023 $4,055 $623,800 $276,400 $347,400
2022 $4,055 $623,800 $276,400 $347,400
2021 $2,818 $447,300 $255,400 $191,900
2020 $2,684 $447,300 $255,400 $191,900
2019 $2,648 $441,300 $249,400 $191,900
2018 $2,648 $441,300 $249,400 $191,900
2017 $2,427 $441,300 $249,400 $191,900
2016 $2,427 $441,300 $249,400 $191,900
2015 -- $441,300 $249,400 $191,900
2014 -- $414,400 $249,400 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 329870

New River Valley Association of REALTORS®

APN: 56D-15