NOT LISTED FOR SALE

1601 Commerce Rd Staunton, VA 24401

Estimated Value: $271,357

1.65 Acres
$164,459 Price per Acre
71,874 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $249,500

Est. 9% increase in value since last sale

Current estimated payment $1,655/month

503 Days on Market

About This Lot

As of March 2024

Site allows for up to 13,000 Sq. Ft. building. Engineering work available. Water retention pond already installed. Retention pond maintenance agreement. Vacant lot ideal for retail, fast food, convenience store or professional building. Can be sub-divided (access easement agreement). VDOT records property count is approximate 14,000 cars a day. Priced below current city assessment. Owner/Agent

Last Agent to Sell the Property

Delene Morgan

KEY REAL ESTATE License #0225050015 Listed on: 04/28/2022

Co-Listed By

PJ Wright

KEY REAL ESTATE License #225062477

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,399

Lot Details

  • 1.65 Acre Lot
  • Property is zoned B-1 Local Business

Schools

  • T.C. Mcswain Elementary School
  • Shelburne Middle School
  • Staunton High School

Listing and Financial Details

  • Assessor Parcel Number 101662

Property Details

Property Type

Land

Est. Annual Taxes

$2,399

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Commercial
  • L V T Date: 04/28/2022
  • Parcel Number: 101662
  • Price Per Sq Ft: 151212.12
  • Zoning: B-1 Local Business
  • Best Use: Commercial Development
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 1.65

Utilities

  • Sewer/Septic System: Public Sewer Available
  • Water: Public Water Available

Lot Info

  • Lot Number: Lot 6

Tax Info

  • Year: 2022
  • Taxes: 2399

MLS Schools

  • HighSchool: Staunton
  • Middle School: Shelburne
  • Elementary School: T.C. McSwain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Mar 4, 2024
Sold by
G & P Augusta Properties Llc
Bought by
Kamaan Llc
Seller's Agent
Delene Morgan
KEY REAL ESTATE
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$279,500
Sold Price
$249,500
Premium/Discount to List
-$30,000
-10.73%
Views
10
Current Estimated Value
$271,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,857
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Mack H Wyatt And Partner Llc
Bought by
G & P Augusta Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kamaan Llc $249,500 Sage Title
Kamaan Llc $249,500 Sage Title
G & P Augusta Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $249,500 -10.7% --
09/13/2023 09/13/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $279,500 0.0% --
06/07/2023 06/07/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $279,500 0.0% --
05/19/2023 05/19/23 Price Changed $279,500 +12.0% --
06/22/2022 06/22/22 Off Market $249,500 -- --
04/28/2022 04/28/22 For Sale $289,500 -- --
Source: Charlottesville Area 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 $2,717 $298,600 $298,600 $0
2024 $2,658 $298,600 $298,600 $0
2023 $2,658 $298,600 $298,600 $0
2022 $2,323 $252,500 $252,500 $0
2021 $2,323 $252,500 $252,500 $0
2020 $2,399 $252,500 $252,500 $0
2019 $2,399 $252,500 $252,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Delene Morgan

    Seller's Agent in 2024

    Delene Morgan

    KEY REAL ESTATE

    (540) 476-0036

    76 Total Sales

    Delene Morgan
    Section Image
  • PJ Wright

    Seller Co-Listing Agent in 2024

    PJ Wright

    KEY REAL ESTATE

    (540) 430-3070

    63 Total Sales

    PJ Wright
    Section Image

  • N

    Buyer's Agent in 2024

    NONMLSAGENT NONMLSAGENT

    NONMLSOFFICE

See All Agents

Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 629631

Charlottesville Area Association of REALTORS®

APN: 101662

Virginia Augusta County Staunton 24401

1601 Commerce Rd, Staunton, VA

Not Listed for Sale

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.

Charlottesville Area 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.

Nearby Homes