NOT LISTED FOR SALE

1629 Shelleys Rd Bristol, VA 24202

Estimated Value: $240,000 - $411,000

121 Acres
$2,736 Price per Acre
5,270,760 Sq Ft Lot

Last Sold January 24, 2023

Last sale price $275,000 $185 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,846/month

459 Days on Market

Highlights

  • Barn
  • 121 Acre Lot
  • Mountainous Lot
  • Hilton Elementary School Rated A-
  • Pasture Views
  • Secluded Lot

About This Lot

As of January 2023

Convenient location for this farm (land only, excluding house and about an acre) with multiple buildings and lots of storage. Great place for pasture land, ATV riding, hiking, hunting. Property is suitable for cattle and other animals, timber, and building sites with awesome views. Property does have fencing, but does need some repairs. Acreages taken from courthouse records. PARCEl ID's include part of 174 A 9, most of 174 A 8, and all of 174 A 7. All of the land is on the same side of the road as the house at 1629 Shelleys Road,

Last Agent to Sell the Property

Gary Wallen

Century 21 Legacy Fort Henry License #295118 Listed on: 10/18/2022

Century 21 Legacy Fort Henry

Last Buyer's Agent

Alex Branch

The Addington Agency Bristol License #358190

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 121 Acre Lot
  • Property fronts a state road
  • Partially Fenced Property
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot
  • Property is in average condition
  • Property is zoned Agricultural

Property Views

  • Pasture
  • Creek or Stream
  • Mountain

Schools

  • Hilton Elementary School
  • Gate City Middle School
  • Gate City High School

Farming

  • Barn
  • Crops
  • Pasture
  • Livestock

Utilities

  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 174 A 8

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

Listing Details

  • Directions: From I-81 South, Exit 1, Gate City Highway for about 9.5 miles, left on Shelleys Road (Rt 617). Property on both sides of road.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road, State Road
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 174 A 8
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 121.0
  • General Property Description Zoning2: Agricultural
  • General Property Description Elementary School3: Hilton
  • General Property Description Middle School2: Gate City
  • General Property Description High School3: Gate City
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • View Water2: Yes
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Water At Road2: Yes
  • Sewer None16: Yes
  • Property Condition Average: Yes
  • Other Structures Barn(s): Yes
  • Lot Features Rolling Slope2: Yes
  • Other Features Crop Land: Yes
  • Other Features Pasture5: Yes
  • Road Access State Road: Yes
  • View Pasture6: Yes
  • Other Structures Storage2: Yes
  • Lot Features Mountainous2: Yes
  • Lot Features Sloped2: Yes
  • Other Features Fencing - Partial: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Mountainous, Pasture, Rolling Slope, Secluded, Sloped, Wooded, Cleared
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage
  • View: Creek/Stream, Mountain(s), Pasture, Water
  • Acres: 121.0
  • Lot Features:Wooded2: Yes
  • Lot Features:Secluded: Yes

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available
  • Water Source: At Road

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hilton
  • High School: Gate City
  • Middle Or Junior School: Gate City

Lot Info

  • Zoning: Agricultural
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 5270760.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 174 A 8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jan 24, 2023
Sold by
Baker Gary W and Baker Cathy R
Bought by
Lush Rentals Llc
Seller's Agent
Gary Wallen
Century 21 Legacy Fort Henry
Buyer's Agent
Alex Branch
The Addington Agency Bristol
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Current Estimated Value
$331,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,054
Avg. Annual Appreciation
7.31%
Original Mortgage
$220,000
Outstanding Balance
$213,338
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$117,716
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
Lush Rentals Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lush Rentals Llc $220,000
Previous Owner Baker Cathy R $100,000
Previous Owner Baker Cathy R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $275,000 0.0% $185 / Sq Ft
03/22/2022 03/22/22 Off Market $275,000 -- --
09/21/2021 09/21/21 For Sale $320,000 -- $216 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $670 $82,900 $16,000 $66,900
2023 $670 $87,000 $16,000 $71,000
2022 $1,117 $145,100 $74,100 $71,000
2021 $1,028 $128,500 $61,000 $67,500
2020 $1,028 $128,500 $61,000 $67,500
2019 $1,028 $128,500 $61,000 $67,500
2018 $951 $128,500 $61,000 $67,500
2017 $932 $126,000 $61,000 $65,000
2016 -- $126,000 $61,000 $65,000
2015 -- $109,600 $67,000 $42,600
2014 -- $117,100 $67,000 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9928880

Tennessee/Virginia Regional MLS

APN: 174-A-8