NOT LISTED FOR SALE

2022 Reed Creek Dr Draper, VA 24324

Estimated Value: $313,000 - $611,096

205 Acres
$2,026 Price per Acre
8,929,800 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $535,000 $195 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,418/month

1,085 Days on Market

Highlights

  • Barn
  • Corral
  • 205 Acre Lot
  • Horse Property
  • Home fronts a creek
  • Creek or Stream View

About This Lot

As of November 2021

205 Acre Farm with Historic Home near Reed Creek and New River. This large farm with approximately 50% open acreage and with a mix of hardwoods and pine timber, sits near the intersection of Reed Creek and New River and is convenient to I-81. The 1840's era farmhouse has been renovated, but is largely original with over 3,000 finished square feet, 4 bedrooms and with hardwood throughout. Fencing and water in place for horses, cattle or other livestock and acreage has produced large amounts of hay. Property has access from 3 state maintained roads including Reed Creek Drive and could be divided. Multiple building sites throughout the property with long range views of the mountains. This large parcel offers recreational and hunting opportunities and outstanding long range views toward New River and Draper. Property can be sold as whole or divided. Within 20 minutes to Wytheville and within 1 hour of Blacksburg, Radford and Roanoke or 2 hours from Charlotte, NC.

Last Agent to Sell the Property

Mitch Anders

United Country Anders Realty & Auction License #0225197222 Listed on: 07/02/2018

Co-Listed By

Katherine Freeman-Walters

United Country Anders Realty & Auction License #0225231984

Last Buyer's Agent

Katherine Freeman-Walters

United Country Anders Realty & Auction License #0225231984

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,325

Lot Details

  • 205 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a county road
  • Cross Fenced
  • Livestock Fence
  • Wire Fence
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot
  • Subdivision Possible

Schools

  • Max Meadows Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Farming

  • Barn
  • Farm
  • Livestock

Utilities

  • Propane
  • Well
  • Septic Tank

Additional Features

  • Creek or Stream Views
  • Corral

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property
  • Boarding Facilities
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$3,325

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 205
  • Lot Size: 205 Acres
  • Road Frontage Type: County Road, Right of Way
  • Co List Office Mls Id: 61
  • Co List Office Phone: 276-228-3242
  • Directions: From I-81N Exit 86, Right, then left onto Topaz Drive, right onto Reed Creek Drive, property can be accessed from Reed Creek Drive, Stillwell Road or Beecher Lane, Contact Listing Agent for appointment
  • Special Features: None

Interior Features

  • Possible Use: Current Use, Farm, Acreage
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: Fenced, Cross Fenced, Livestock, Wire
  • Lot Features: Can Be Divided, Livestock Permitted, Irregular Lot, Farm, Wooded, Horse Property, Views
  • Topography: Rolling,Mixed,Hardwood
  • View: Creek
  • View: Yes
  • Waterfront Features: Creek, Pond
  • Waterfront: Yes
  • Disclosures: None, Property Disclosure
  • Other Structures: Outbuilding, Barn(s), Corral(s), Additional Structures(Historic Home, Barn)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Max Meadows
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Horse Amenities: Boarding Facilities
  • Land Lease: No
  • Lot Size Sq Ft: 8929800
  • Zoning: None
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3325
  • Tax Lot: 0
  • Tax Map Number: 47-21
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 22, 2021
Sold by
Bunyan James Lawrence and Bunyan Laura C
Bought by
The Lake Llc
Seller's Agent
Mitch Anders
United Country Anders Realty & Auction
Buyer's Agent
Katherine Freeman-Walters
United Country Anders Realty & Auction
List Price
$690,000
Sold Price
$535,000
Premium/Discount to List
-$155,000
-22.46%
Current Estimated Value
$415,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,635
Avg. Annual Appreciation
-3.82%
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
The Lake Llc $535,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunyan James L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $535,000 -22.5% $195 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
07/02/2018 07/02/18 For Sale $690,000 -- $252 / Sq Ft
Source: Southwest Virginia 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 $1,733 $262,900 $181,000 $81,900
2023 $1,733 $251,200 $181,000 $70,200
2022 $1,733 $520,800 $438,900 $81,900
2021 $2,107 $571,100 $486,800 $84,300
2020 $2,107 $571,100 $486,800 $84,300
2019 $2,107 $571,100 $486,800 $84,300
2018 $1,433 $571,100 $486,800 $84,300
2017 $1,300 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $571,100 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 65484

APN: 047-000-0000-0008