NOT LISTED FOR SALE

2589 Laurel Fork Rd Rocky Gap, VA 24366

Estimated Value: $80,000 - $482,000

102 Acres
$2,744 Price per Acre
4,460,544 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $130,000

Est. 116% increase in value since last sale

Current estimated payment $1,752/month

203 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Creek or Stream View
  • Horse Property
  • 102.4 Acre Lot
  • Secluded Lot

About This Lot

As of November 2020

Looking for that nice recreational property, out in the middle of nowhere, but still easy to get to, that you could build your dream home on if you so choose? Located in Rocky Gap, VA, this +/-102 acre tract, listed at only around $1,650 per acre, would be perfect for hunting, camping, trail riding, shooting, or building that dream home. Creek frontage on Laurel Creek from one side of the property to the other where the road frontage is. Buildings with value are on the property such as a large barn and even a nice cinderblock building that could be used for several different things. There is also a well and septic in place already per county record. There is an AEP easement going through the property, but the roads are in great shape with plenty of gravel and trails branch off of them. Existing bridge seems to be in great shape for access. Laurel Fork Rd. is a county road and travel to the property is all paved to the front gate. Electric is available. Nice opportunity here!

Last Listed By

Joey Dykes

BHHS- Mountain Sky Properties - Bland License #0225191109 Listed on: 04/16/2020

BHHS- Mountain Sky Properties - Bland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $650

Year Built

  • 2022

Lot Details

  • 102.4 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Property fronts a county road
  • Secluded Lot
  • Wooded Lot
  • Property is zoned A1

Schools

  • Bland Elementary And Middle School
  • Bland High School

Utilities

  • Natural Gas Not Available
  • Well
  • Septic Tank

Additional Features

  • Creek or Stream Views
  • Barn

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$650

Year Built

2022

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 102.4
  • Lot Size: Appro x . 102 Acres
  • Road Frontage Type: County Road, Private Road
  • Subdivision Name: None
  • Directions: From I-77N, take Exit 64 for Rocky Gap. At end of ramp, turn right on US 52N to stop sign. Turn left to stay on US 52N for 1.5 miles to Laurel Fork Rd. on your left. Turn on Laurel Fork Rd. and go 6 miles to property on right. See sign.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Possible Use: Manufactured Home, Multi-Family, Current Use, Single Family, Residential, Modular, Acreage
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: None
  • Lot Features: Water Frontage, Secluded, Wooded, Horse Property, Views
  • Topography: Rolling,Level,Sloping,Hilly
  • View: Creek
  • View: Yes
  • Waterfront Features: Water Frontage, Creek
  • Waterfront: Yes
  • Disclosures: None
  • Other Structures: Outbuilding, Barn(s), Additional Structures(Barn, Outbuilding, Mobile)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4460544
  • Zoning: A1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 649.8
  • Tax Lot: 14
  • Tax Map Number: 21 A 14
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Nov 4, 2020
Sold by
Deeb Timothy S
Bought by
Horne John Thomas and Horne Amy Bowling
Seller's Agent
Joey Dykes
BHHS- Mountain Sky Properties - Bland
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$169,000
Sold Price
$130,000
Premium/Discount to List
-$39,000
-23.08%
Total Days on Market
203
Current Estimated Value
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,000
Avg. Annual Appreciation
30.62%
Original Mortgage
$104,000
Outstanding Balance
$94,011
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$336,241

Purchase Details

Closed on
Aug 13, 2019
Sold by
Deeb Saad K
Bought by
Deep Timothy S

Purchase Details

Closed on
Nov 16, 2007
Sold by
Whitesell Eric D
Bought by
Deeb Saad K

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
Horne John Thomas $130,000 Attorney
Deep Timothy S -- None Available
Deeb Saad K $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne John Thomas $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $130,000 -23.1% --
11/06/2020 11/06/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $169,000 -- --
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 $2,240 $373,300 $162,900 $210,400
2023 $2,825 $470,800 $162,900 $307,900
2022 $1,926 $321,000 $162,900 $158,100
2021 $539 $166,600 $151,400 $15,200
2020 $1,107 $184,500 $151,400 $33,100
2019 $650 $184,500 $151,400 $33,100
2018 $1,107 $184,500 $151,400 $33,100
2017 $1,107 $184,500 $151,400 $33,100
2016 $1,107 $184,500 $151,400 $33,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 73801

APN: 21 A 14