NOT LISTED FOR SALE

1776 N Mecklenburg Ave South Hill, VA 23950

Estimated Value: $1,919,973

10 Acres
$202,102 Price per Acre
413,820 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $1,700,000

Est. 13% increase in value since last sale

Current estimated payment $10,995/month

564 Days on Market

Highlights

  • 9.5 Acre Lot
  • No HOA
  • Views
  • Wooded Lot

About This Lot

As of July 2022

High traffic area!!! Approx 9.5 acres of zoned commercial/industrial located adjacent to Interstate 85 and Love's Travel Plaza! Prime business location and new stop light in place in front of property! Immediate interstate access makes that lot the perfect location for business, hotel or restaurant! Lot is also in vicinity of new VCU CMH Hospital.

Last Agent to Sell the Property

Crystal Murphy

The Pointe Realty Group (Littleton) Listed on: 10/01/2020

Last Buyer's Agent

Non Mls

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,797

Lot Details

  • 9.5 Acre Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Mecklenburg County Elementary School
  • Mecklenburg County Middle School
  • Mecklenburg County High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • .Non Subdivision

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 16275

Property Details

Property Type

Land

Est. Annual Taxes

$5,797

Lot Details

0

Listing Details

  • Directions: From Interstate 85: Take exit 15 onto US-1, turn left onto US-1 and property will be approximately 0.5 miles on left. Property is between Loves Travel Plaza/Holiday Inn Express and VCU CMH Hospital. Look for realty sign.
  • Property Sub Type: Acreage,Commercial,Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 9.5
  • Water Body Name: None
  • Subdivision Name: .NON-Subdivision
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Cleared, Partially Cleared, Wooded, 6-10 acres
  • Topography: Level,Gently Sloping
  • View: Other-See Remarks
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mecklenburg County
  • High School: Mecklenburg County
  • Middle Or Junior School: Mecklenburg County

Lot Info

  • Lot Size Sq Ft: 413820
  • Farm Land Area Units: Square Feet
  • Parcel #: 16275
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 18-2837
  • Tax Lot: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Jul 27, 2022
Sold by
Seven Llc
Bought by
Microsoft Corporation
Seller's Agent
Crystal Murphy
The Pointe Realty Group (Littleton)
Buyer's Agent
Non Mls
List Price
$2,000,000
Sold Price
$1,700,000
Premium/Discount to List
-$300,000
-15%
Current Estimated Value
$1,919,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,973
Avg. Annual Appreciation
3.72%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Microsoft Corporation $1,700,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,700,000 -15.0% --
04/20/2022 04/20/22 Pending -- -- --
10/02/2020 10/02/20 For Sale $2,000,000 -- --
Source: Roanoke Valley Lake Gaston Board 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 $5,797 $1,610,400 $1,610,400 $0
2023 $2,226 $556,400 $556,400 $0
2022 $2,226 $556,400 $556,400 $0
2021 $2,305 $548,900 $548,900 $0
2020 $2,305 $548,900 $548,900 $0
2019 $2,305 $548,900 $548,900 $0
2018 $2,322 $552,800 $552,800 $0
2017 $2,658 $632,800 $632,800 $0
2016 $2,658 $632,800 $632,800 $0
2015 -- $632,800 $632,800 $0
2013 -- $632,800 $632,800 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Crystal Murphy

    The Pointe Realty Group (Littleton)

  • N

    Buyer's Agent in 2022

    Non Mls

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 126611

APN: 16275

Virginia Mecklenburg County South Hill 23950

1776 N Mecklenburg Ave, South Hill, VA

This home is located at 1776 N Mecklenburg Ave, South Hill, VA 23950 since 01 October 2020 and is currently estimated at $1,919,973. 1776 N Mecklenburg Ave is a home located in Mecklenburg County with nearby schools including First Christian School.

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