NOT LISTED FOR SALE

2262 Bailey Farm Rd Saxe, VA 23967

Estimated Value: $274,000 - $279,000

7.9 Acres
$35,000 Price per Acre
344,124 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $405,000

Est. 32% decrease in value since last sale

Current estimated payment $1,519/month

45 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Open Lot
  • Home fronts a pond
  • Pasture
  • Gentle Sloping Lot

About This Lot

As of October 2024

Secluded Mini Farm with Stunning Country Views and Prime Location Discover your own private retreat on 7.9+/- acres of serene countryside, perfectly nestled between Richmond, VA, and Raleigh, NC. This charming 2-story farmhouse, built in 1955, sits on a knoll overlooking a shared pond, offering exceptional views and tranquility. With 2,280 sq. ft. of fully remodeled living space, this home features 4 bedrooms, 3 baths, central heat and air, a spacious front porch, and a back deck ideal for outdoor relaxation. The property includes numerous outbuildings for all your storage or farming needs, along with a smaller one-bedroom, one-bath rental, perfect for guests or rental income. With long road frontage and just minutes from a major highway, this mini farm is also only 15 minutes from Buggs Island/Kerr Lake, boasting over 800 miles of shoreline for outdoor enthusiasts. This centrally located gem offers the perfect blend of seclusion, convenience, and natural beauty. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Mitzi DeJarnette

Pointe Realty Group Kerr Lake Brokerage Email: 4343622220, admin@pointerealtygroup.com License #0225170954 Listed on: 08/19/2024

Pointe Realty Group Kerr Lake

Last Buyer's Agent

Non Member Non Member

Non-Member

Property Details

Property Type

  • Land

Lot Details

  • 7.9 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a state road
  • Open Lot
  • Gentle Sloping Lot
  • Property is zoned Ag

Property Views

  • Water
  • Scenic Vista
  • Hills
  • Countryside Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Bacon District Elementary School
  • Central Middle School
  • Randolph-Henry High School

Utilities

  • Electricity To Lot Line
  • Well
  • Septic Tank
  • Phone Available

Additional Features

  • 2-Story Property
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 11767

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Acreage,Farm,House Included,Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.9
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Architectural Style: Farm House
  • Building Stories: 2
  • Attribution Contact: 4343622220, admin@pointerealtygroup.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Farm, Horses, Multi-Family, Residential, Single Family
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Open, Pasture, 5-15 acres, Open Lot
  • Topography: Gently Rolling
  • View: Exceptional View, Country, Hilltop, Scenic, Secluded, Water
  • View: Yes
  • Waterfront Features: Lake/Pond, Pond, N/A - Not Waterfront, Other-See Remarks
  • Waterfront: No
  • Other Structures: Outbuilding

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bacon District Elementary
  • High School: Randolph-Henry High
  • Middle Or Junior School: Central Middle

Lot Info

  • Lot Size Sq Ft: 344124
  • Parcel #: 11767
  • Zoning: Ag
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Vaughan David B
Bought by
Puckett Christy C
Current Estimated Value
$276,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.18%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Puckett Christy C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Puckett Christy C $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $405,000 +1.5% --
08/19/2024 08/19/24 For Sale $399,000 -- --
Source: Southern Piedmont Land & Lake 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 $871 $140,433 $27,309 $113,124
2023 $871 $140,433 $27,309 $113,124
2022 $827 $140,433 $27,309 $113,124
2021 $871 $140,433 $27,309 $113,124
2020 $871 $140,433 $27,309 $113,124
2019 $871 $140,433 $27,309 $113,124
2018 $679 $128,165 $26,774 $101,391
2017 $679 $128,165 $26,774 $101,391
2016 $615 $128,165 $26,774 $101,391
2015 $615 $128,165 $26,774 $101,391
2014 $615 $128,165 $26,774 $101,391
2013 $615 $128,165 $26,774 $101,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 70374

APN: 079-00-0A-000-000-0010