NOT LISTED FOR SALE

1890 River Rd Faber, VA 22938

Estimated Value: $53,000 - $287,000

0.2 Acre
$594,845 Price per Acre
8,712 Sq Ft Lot

Last Sold July 18, 2023

Last sale price $55,000 $31 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $676/month

38 Days on Market

About This Lot

As of July 2023

Location, Location, and Location! This property combines a great Nelson County address, a superb Rt 6 marketing window, and versatility for the complete trifecta. With 1776 square feet there is the potential for numerous uses from residential to workshop, storage, garage or even mini storage. The Rockfish River is nearby offering even more opportunities. Property is currently zoned agricultural so a conditional use permit from the County may be required. Local historians may remember past uses as a Country grocery store and an antique shop, amongst other uses over its storied life. In addition to the Rt 6 frontage the property has electricity and high-speed internet and a mini split for hvac in the Studio. The main level consists of mainly open warehouse space on a concrete slab with 8' ceilings. The two-story section has a potential studio apartment on the second floor with exterior access and a room(s) below with main level access. Currently there is no well or septic on the property. Act now as the astute investor has the opportunity to make this unique property something special. To be sold "As Is, Where Is"

Last Agent to Sell the Property

Robert Craig

WINTERGREEN REALTY, LLC License #0225238555 Listed on: 05/12/2023

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $365

Lot Details

  • 8,712 Sq Ft Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned AG Agricultural

Parking

  • Driveway

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 34 A 12

Property Details

Property Type

Land

Est. Annual Taxes

$365

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Commercial
  • L V T Date: 05/12/2023
  • Parcel Number: 34 A 12
  • Price Per Sq Ft: 275000
  • Zoning: AG Agricultural
  • Best Use: Commercial Development, Investment, Residential
  • Current Use: Vacant
  • Road Street: Paved
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Lot Improvements: Office/Studio, Workshop

Interior Features

  • Land Description: Clear Cut, Nearly Level, Open

Exterior Features

  • Number Of Acres: 0.2

Garage/Parking

  • Driveway: Yes

Utilities

  • Cable Available: Fiber-Optic
  • Electric: Routed to Property

Schools

  • Elementary School: Rockfish
  • Middle School: Nelson
  • High School: Nelson

Tax Info

  • Year: 2023
  • Taxes: 365

MLS Schools

  • HighSchool: Nelson
  • Middle School: Nelson
  • Elementary School: Rockfish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 13, 2023
Sold by
Regeneration Holdings Llc
Bought by
Briice Pamela C and Ives Scott I
Seller's Agent
Robert Craig
WINTERGREEN REALTY, LLC
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$79,975
Sold Price
$55,000
Premium/Discount to List
-$24,975
-31.23%
Views
226
Current Estimated Value
$118,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,969
Avg. Annual Appreciation
44.46%

Purchase Details

Closed on
Dec 22, 2021
Sold by
Turner David W
Bought by
Regeneration Holdings Llc

Purchase Details

Closed on
May 17, 2017
Sold by
Powell Robert Frederick
Bought by
Turner David W
Source: Public Records

Range of Values:

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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
Briice Pamela C $55,000 Old Republic National Title
Regeneration Holdings Llc $10,000 Goodwin Law Of Virginia Pllc
Turner David W $5,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $55,000 -31.2% $31 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $79,975 -- $45 / Sq Ft
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 $349 $53,700 $11,000 $42,700
2024 $349 $53,700 $11,000 $42,700
2023 $349 $53,700 $11,000 $42,700
2022 $349 $53,700 $11,000 $42,700
2021 $316 $43,900 $10,000 $33,900
2020 $316 $43,900 $10,000 $33,900
2019 $316 $43,900 $10,000 $33,900
2018 $316 $43,900 $10,000 $33,900
2017 $294 $40,800 $8,000 $32,800
2016 $294 $40,800 $8,000 $32,800
2015 $59 $40,800 $8,000 $32,800
2014 $59 $40,800 $8,000 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 641594

Charlottesville area Association of Realtors®

APN: 34-A-12