NOT LISTED FOR SALE

2360 Millwood Pike Winchester, VA 22602

Estimated Value: $319,000 - $614,000

22.5 Acres
$20,570 Price per Acre
980,100 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $399,000 $614 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,605/month

484 Days on Market

About This Lot

As of May 2022

Future Interchange along the planned Rt #37 bypass at Rt #50! Buy and Hold investor, developer and or end user wanted! Recent survey updated land parcel to 22.5 acres of RA zoned land available for immediate purchase. In addition to a speculative position, the property may have some timber value, while clearing the way to exposing a potential shale reserve on the property as directed by a local contractor during Topo review, adding additional value in income or to be used to achieve more favorable development sites. Verify estimated values during Due Diligence. Additional information upon request! Property is located on RT #50 East in close proximity to Rt #50 East in close proximity to; Winchester Airport, Winchester Speedway, new FBI Records facility, Navy Federal Credit Union, County Sheriff, Corp of Engineers, Harley Davidson and other commercial and industrial sites. You now have the "Why" you should buy this property. Why not? Seller to pay $500 per month rent towards previous home owner rent to stay in the house. No value has been given to any of the structures on this land. Seller holds a Virginia Real Estate License. Property Highlights: Future Rt #37 interchange planned at this location along Rt #50 Value add, Timber Potential value add, shale reserve on property Corridor of growth for years to come

Last Agent to Sell the Property

Jim Guisewhite

(540) 325-0573 jim.guisewhite@svn.com Commercial Specialists License #0225181417 Listed on: 10/14/2020

Commercial Specialists

Co-Listed By

John Coontz

(540) 550-0206 john.coontz@svn.com Commercial Specialists License #0225212497

Last Buyer's Agent

Scott Buzzelli

(540) 454-1399 scott@atokaproperties.com Corcoran McEnearney License #0225076897

Corcoran McEnearney

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,947

Lot Details

  • 22.5 Acre Lot
  • Property is zoned RA

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 65 A 123

Property Details

Property Type

Land

Est. Annual Taxes

$1,947

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.41

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 91200.00
  • Lot Size Acres: 22.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 980100.00
  • Possible Use: Church, Commercial, Development, Land/Lot Only
  • Topography Description: Rolling
  • Zoning: RA
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18783006
  • Tax Annual Amount: 1947.00
  • Assessor Parcel Number: 65 A 123
  • Tax Lot: 123
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 27, 2022
Sold by
Dori Llc
Bought by
Proper Peasant Farm Llc
Seller's Agent
Jim Guisewhite
Commercial Specialists
Buyer's Agent
Scott Buzzelli
Corcoran McEnearney
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$462,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,820
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 26, 2022
Sold by
Dori Llc
Bought by
Finley Alexander W and Finley Bonnie C
Seller's Agent
Jim Guisewhite
Commercial Specialists
Buyer's Agent
Scott Buzzelli
Corcoran McEnearney
List Price
$399,000
Sold Price
$399,000

Purchase Details

Closed on
Feb 19, 2020
Sold by
Finley Alexander W and Finley Bonnie C
Bought by
Dori Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Proper Peasant Farm Llc -- Keith D Barrett Pllc
Proper Peasant Farm Llc $399,000 First American Title
Finley Alexander W -- None Listed On Document
Dori Llc -- Keith D Barrett Pllc
Dori Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $399,000 0.0% $614 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $399,000 0.0% $614 / Sq Ft
01/10/2022 01/10/22 Off Market $399,000 -- --
12/30/2021 12/30/21 Price Changed $399,000 0.0% $614 / Sq Ft
12/30/2021 12/30/21 For Sale $399,000 0.0% $614 / Sq Ft
10/12/2021 10/12/21 Off Market $399,000 -- --
08/17/2021 08/17/21 Price Changed $419,000 -4.6% $645 / Sq Ft
10/14/2020 10/14/20 For Sale $439,000 -- $675 / Sq Ft
Source: Bright MLS

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 $2,016 $420,000 $232,600 $187,400
2024 $939 $368,400 $257,100 $111,300
2023 $1,879 $368,400 $257,100 $111,300
2022 $2,022 $319,100 $227,900 $91,200
2021 $1,947 $319,100 $227,900 $91,200
2020 $1,889 $309,700 $227,900 $81,800
2019 $1,889 $309,700 $227,900 $81,800
2018 $1,837 $301,100 $229,900 $71,200
2017 $1,807 $301,100 $229,900 $71,200
2016 $1,720 $286,600 $217,300 $69,300
2015 $1,605 $286,600 $217,300 $69,300
2014 $837 $284,100 $217,300 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFV160308

Bright MLS

APN: 65A-123