NOT LISTED FOR SALE

1587 Belle Meade Rd Loretto, VA 22509

Estimated Value: $579,000 - $2,417,000

133 Acres
$12,940 Price per Acre
5,802,192 Sq Ft Lot

Last Sold March 09, 2022

Last sale price $2,000,000 $1,289 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,867/month

26 Days on Market

Highlights

  • River Front
  • 133.2 Acre Lot
  • Wooded Lot

About This Lot

As of March 2022

BELLE MEADE FARM IS COMPRISED OF 2 CONTIGUOUS PARCELS ON THE RAPPAHANNOCK RIVER - 7.97 ACRE PARCEL IS IMPROVED WITH A SINGLE FAMILY HOME PLUS A 125.34 ACRE PARCEL FOR A TOTAL OF 133.31 ACRES. TRULY ONE OF A KIND OPPORTUNITY! PRELIMINARY PLAN APPROVAL FOR 7 WATERFRONT LOTS PLUS ADDITIONAL DIVISION POSSIBLE. HOME IS BEING SOLD AS IS/WHERE IS.

Last Listed By

Kenny Kuykendall

Middle Bay Realty License #0225058698 Listed on: 01/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,988

Year Built

  • 1976

Lot Details

  • 133.2 Acre Lot
  • River Front
  • Wooded Lot
  • Zoning described as A-1

Schools

  • Essex Elementary And Middle School
  • Essex High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Water Views
  • River Access

Listing and Financial Details

  • Assessor Parcel Number 6-4

Property Details

Property Type

Land

Est. Annual Taxes

$3,988

Year Built

1976

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 133.2
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Possible Use: Recreational, Subdivision, Timber
  • Basement YN: No

Exterior Features

  • Lot Features: Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: River Front, River Access, Waterfront
  • Waterfront: Yes

Utilities

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

Schools

  • Middle Or Junior School: Essex

Lot Info

  • Parcel Number: 6-4
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3988.0

MLS Schools

  • Elementary School: Essex
  • High School: Essex

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

Mortgage History

Date Status Borrower Loan Amount
Closed Wolfe James P $753,250
Closed Wolfe James P $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $2,000,000 -9.1% $1,289 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,200,000 -- $1,418 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $3,734 $511,515 $297,395 $214,120
2023 $3,734 $511,515 $297,395 $214,120
2022 $3,734 $511,515 $297,395 $214,120
2021 $3,785 $511,520 $297,400 $214,120
2020 $3,988 $463,700 $297,400 $166,300
2019 $4,081 $465,200 $295,900 $169,300
2018 $4,081 $465,200 $295,900 $169,300
2017 $4,081 $0 $0 $0
2016 $4,094 $465,200 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenny Kuykendall

    Seller's Agent in 2022

    Kenny Kuykendall

    Middle Bay Realty

    (804) 761-1875

    236 Total Sales

    Kenny Kuykendall
    Section Image

  • C

    Buyer's Agent in 2022

    Charles Faulkner

    Historyland Realty LLC

    (804) 493-5000

    120 Total Sales

    Charles Faulkner
    Section Image
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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2200696

Chesapeake Bay & Rivers Association of REALTORS®

APN: 6 4

Virginia Essex County 22509

1587 Belle Meade Rd, VA

Homes for Sale in Loretto, VA

This home is located at 1587 Belle Meade Rd, Loretto, VA 22509 since 11 January 2022 and is currently estimated at $1,723,627, approximately $1,110 per square foot. This property was built in 1976. 1587 Belle Meade Rd is a home located in Essex County with nearby schools including Tappahannock Elementary School, Essex Intermediate School, and Essex High 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.

Chesapeake Bay & Rivers Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.