NOT LISTED FOR SALE

1857 Aspen Hill Rd Rice, VA 23966

Estimated Value: $957,729

138.3 Acres
$6,925 Price per Acre
6,024,348 Sq Ft Lot

Last Sold October 15, 2012

Last sale price $490,000 $0 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,283/month

483 Days on Market

About This Lot

As of October 2012

One of a kind picturesque property! A historic property near Civil War Battlegrounds, less than 1/2 mile to the High Bridge Trail, +/-55 acres of open land, 83+/- acres of nice wooded land, +/- 1 mile of road frontage on two state roads, stream, a renovated 1880's Farm House - this has it all! Easy distance to Farmville and Richmond, and not farm from Twin Lakes and Briery Creek Lake. A tremendous property in a perfect spot! Deer and turkey, wildlife abound. Please see video tour for this property at www.appomattoxvarealestate.com.

Last Agent to Sell the Property

THOMAS NOLEN

Nolen Real Estate License #0225047806 Listed on: 02/17/2011

Last Buyer's Agent

THOMAS NOLEN

Nolen Real Estate License #0225047806 Listed on: 02/17/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,274

Lot Details

  • 138.3 Acre Lot
  • Property is zoned A-1

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Prince Edward Cty-El Elementary School
  • Prince Edward Cty-Hs High School

Listing and Financial Details

  • Assessor Parcel Number 40A4

Property Details

Property Type

Land

Est. Annual Taxes

$1,274

Lot Details

0

Listing Details

  • FILLACRES: 138.3000
  • Directions: From Farmville Hwy 460 East, left on Gully Tavern, left on Lockett, property starts at Locket/Aspen Hill intersection. Sign on Lockett frontage and sign at driveway to farmhouse.
  • ElementarySchool9: Prince Edward Cty-El
  • HighSchool9: Prince Edward Cty-HS
  • Lot Measurement: Acres
  • Lot Sq Ft: 6024348.00
  • Days On Market: No
  • Property Subtype1: Farm
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Mobiles Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 40A4
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved, Rd Frnt State Unpavd, Other
  • Accessible Transportation: State Maintained Rd, U.S. Highway
  • Basement Bathrooms: 2.00
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: 2005/3356
  • Reciprocal Listing: No

Exterior Features

  • Topography: Est 5+ Bldg Sites,Level to Rolling

Utilities

  • Utilities: Overhead Electric, Utility Easement

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Prince Edward
  • School District: Prince Edward

Lot Info

  • Best Use: Current Existing, Farming / Livestock, Investment, Recreational, Timber
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 1274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2011
Closed on
Aug 28, 2012
Sold by
Cbc Rentals Llc
Bought by
Reames Ronald W
Seller's Agent
THOMAS NOLEN
Nolen Real Estate
Buyer's Agent
THOMAS NOLEN
Nolen Real Estate
List Price
$699,950
Sold Price
$490,000
Premium/Discount to List
-$209,950
-29.99%
Current Estimated Value
$957,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,729
Avg. Annual Appreciation
5.35%
Original Mortgage
$183,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving
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
Reames Ronald W $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reames Ronald W $423,000
Closed Reames Ronald W $135,000
Closed Reames Ronald W $185,600
Closed Reames Ronald W $183,000
Closed Reames Ronald W $190,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $490,000 -30.0% $0 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
02/17/2011 02/17/11 For Sale $699,950 -- $0 / Sq Ft
Source: Lynchburg 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 $784 $230,700 $230,700 $0
2023 $1,107 $230,700 $230,700 $0
2022 $1,107 $230,700 $230,700 $0
2021 $745 $230,700 $230,700 $0
2020 $806 $192,300 $192,300 $0
2019 $1,220 $302,200 $221,100 $81,100
2018 $1,541 $302,200 $221,100 $81,100
2017 $1,541 $302,200 $221,100 $81,100
2016 $1,541 $302,200 $221,100 $81,100
2015 $1,481 $302,200 $221,100 $81,100
2014 $1,050 $223,500 $169,500 $54,000
2013 $939 $223,500 $169,500 $54,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    THOMAS NOLEN

    Nolen Real Estate

    (434) 942-7653

    257 Total Sales

    THOMAS NOLEN
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 264989

APN: 040-A-4

Virginia Prince Edward County Rice 23966

1857 Aspen Hill Rd, Rice, VA

This home is located at 1857 Aspen Hill Rd, Rice, VA 23966 since 17 February 2011 and is currently estimated at $957,729, approximately $0 per square foot. 1857 Aspen Hill Rd is a home located in Prince Edward County with nearby schools including Prince Edward Elementary School, Prince Edward Middle School, and Prince Edward County High School.

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