NOT LISTED FOR SALE

2073 Armstrong Rd Penhook, VA 24137

Estimated Value: $769,496 - $1,289,000

52 Acres
$19,793 Price per Acre
2,265,120 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $190,000 $104 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $5,571/month

2,174 Days on Market

Highlights

  • Horses Allowed On Property
  • 52 Acre Lot
  • Views
  • Gretna Elementary School Rated A-
  • Partially Wooded Lot
  • Home fronts a stream

About This Lot

As of September 2021

Beautiful 52 acres of land with numerous outbuildings. Great view of Smith Mountain and only 10 minutes to Smith Mountain Lake and 20 minutes to Gretna and Rocky Mount. The property has some fencing and a creek on the back and would make a great horse or cattle farm. The property has 2 older houses that could possibly be renovated.

Last Agent to Sell the Property

Douglas W Dalton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104256 Listed on: 08/27/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $754

Lot Details

  • 52 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned A-1

Schools

  • Gretna Elementary And Middle School
  • Gretna High School

Additional Features

  • Outbuilding
  • Horses Allowed On Property
  • Well
  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$754

Lot Details

0

Listing Details

  • Property Sub Type: Land,Farm,Acreage
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 52
  • Road Frontage Type: State Road, County Road
  • Road Surface Type: Paved
  • Directions: From Gretna, take route 40 west and go 12 miles and turn left on Armstrong Road and go the property on both sides of the road at the signs.
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family, Mobile Home/Single, Mobile Home/Double, Manufactured Home, Farm, Horses, Cattle

Exterior Features

  • Fencing: Partial
  • Lot Features: Open Lot, 50-100 acres, Wooded
  • Topography: Level,Gently Rolling
  • View: Exceptional View
  • Waterfront Features: Stream/Creek
  • Other Structures: Outbuilding

Utilities

  • Sewer: None
  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Elementary School: Gretna
  • High School: Gretna
  • Middle Or Junior School: Gretna

Lot Info

  • Lot Size Sq Ft: 2265120
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 2, 2021
Sold by
David Elwood June and Mills Linda Gale
Bought by
Shelton Odie H and Shelton Lydia D
Seller's Agent
Douglas W Dalton
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%
Current Estimated Value
$1,029,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,248
Avg. Annual Appreciation
47.46%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Shelton Odie H $190,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $190,000 -13.6% $104 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/27/2015 08/27/15 For Sale $219,900 -- $121 / Sq Ft
Source: Dan River Region 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 $2,269 $526,400 $183,600 $342,800
2024 $2,269 $526,400 $183,600 $342,800
2023 $2,269 $526,400 $183,600 $342,800
2022 $1,847 $404,900 $183,600 $221,300
2021 $420 $194,400 $183,600 $10,800
2020 $420 $192,300 $181,500 $10,800
2019 $420 $192,300 $181,500 $10,800
2018 $420 $192,300 $181,500 $10,800
2017 $191 $192,300 $181,500 $10,800
2016 $381 $192,300 $177,500 $14,800
2015 $381 $192,300 $177,500 $14,800
2011 -- $192,300 $177,500 $14,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Douglas W Dalton

    RAMSEY YEATTS & ASSOCIATES, REALTORS

    (434) 941-3721

    8 Total Sales

    Douglas W Dalton
    Section Image
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 53651

APN: 1561-32-4812

Virginia Pittsylvania County Penhook 24137

2073 Armstrong Rd, Penhook, VA

Not Listed for Sale

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