$150,000
SOLD JAN 8, 2025

2395 Burton Lake Rd Chatham, VA 24531

18 Acres
$8,418 Price per Acre
776,239 Sq Ft Lot

Recently Sold

6% Below List Price

37 Days on Market

About This Lot

As of January 2025

Welcome to 2395 Burton Lake Rd. This property features direct waterfront access to Burton Lake for great fishing and relaxation. The combined 3 lots total just under 18 acres of mixed hardwoods and pines great for hunting or privacy. The property is level to rolling towards the lake with a couple great buildings spots. The property previously had a manufactured home on site that has been removed. There is a well and septic in place and access to electric nearby. This is a gorgeous property that could have some great views of the peaceful lake and provide great privacy for your dream home!

Last Agent to Sell the Property

Colin Mullins

Keller Williams License #0225248513 Listed on: 10/30/2024

Keller Williams

Last Buyer's Agent

Colin Mullins

Keller Williams License #0225248513 Listed on: 10/30/2024

Keller Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $160

Lot Details

  • 17.82 Acre Lot
  • Property is zoned A-1

Schools

  • Union Hall Elementary School
  • Chatham Midl Middle School
  • Chatham High School

Utilities

  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 1477-97-0164

Property Details

Property Type

Land

Est. Annual Taxes

$160

Lot Details

0

Listing Details

  • Directions: US-29 S to Danville, Right on Rt40 W Gretna Rd, left on CLimax Rd 4.5mi, Right on Andersons Mill 1.2mi, Left on Green Pond Rd 1mi, right on Burton lake Rd 2.2 mi. Property on the Left
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt to go State
  • Accessible Transportation: State Maintained Rd
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: C, D, E
  • Road Frontage: 420.00

Utilities

  • Utilities: ElectricityAvailable, Septic System, Well Exists
  • Utility Electric: American Electric

Schools

  • Elementary School: Union Hall Elem
  • High School: Chatham High
  • Middle School: Chatham Midl
  • Junior High Dist: Pittsylvania

Lot Info

  • Best Use: Current Existing, Dvlp to Mobile Home, Dvlp to Residential, Investment, Recreational
  • Current Use: Hunting, Recreational
  • Zoning: A-1
  • Acres: 17.8200
  • Lot Size Sq Ft: 776239.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 1477-97-0164
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 160

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 8, 2025
Sold by
Lee Martin Jr Edward
Bought by
Finkel Clair Albert and Finkel Jon Matthew
Seller's Agent
Colin Mullins
Keller Williams
Buyer's Agent
Colin Mullins
Keller Williams
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Views
31
Current Estimated Value
$132,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,044
Avg. Annual Appreciation
-14.74%

Purchase Details

Closed on
Sep 19, 2018
Sold by
Gusman Ruth Mary
Bought by
Martin Edward Lee
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 Type Sale Price Title Company
Bargain Sale Deed $150,000 Old Republic National Title
Bargain Sale Deed $150,000 Old Republic National Title
Warranty Deed $75,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $150,000 -6.2% --
12/06/2024 12/06/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $159,900 -- --
Source: Lynchburg 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 $154 $27,500 $27,500 $0
2023 $154 $27,500 $27,500 $0
2022 $171 $27,500 $27,500 $0
2021 $171 $27,500 $27,500 $0
2020 $171 $27,500 $27,500 $0
2019 $171 $27,500 $27,500 $0
2018 $171 $27,500 $27,500 $0
2017 $81 $27,500 $27,500 $0
2016 $162 $27,500 $27,500 $0
2015 $81 $27,500 $27,500 $0
2011 -- $27,500 $27,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 355347

APN: 1477-97-0237