NOT LISTED FOR SALE

268 Drumming Ln Pearisburg, VA 24134

Estimated Value: $211,000 - $274,000

64 Acres
$3,650 Price per Acre
2,798,294 Sq Ft Lot

Last Sold August 09, 2018

Last sale price $187,000

Est. 20% increase in value since last sale

Current estimated payment $1,253/month

147 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Spring water is a source of water for the property
  • Mountainous Lot
  • Views
  • Creek or Stream

About This Lot

As of August 2018

Nice hunting track the boarders the National Forest with a log hunting cabin being sold as is. The cabin has a new metal roof, electricity, spring water and septic. The cabin has nice views from the front porch and side deck. You could build your dream home, recreational tract for a great hunting tract with abundance amount of wildlife.

Last Agent to Sell the Property

Priscilla Morris

Long & Foster - Blacksburg License #225172853 Listed on: 12/01/2017

Long & Foster - Blacksburg

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $272

Lot Details

  • Waterfront
  • Creek or Stream
  • Rural Setting
  • Sloped Lot
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Spring water is a source of water for the property
  • Septic System

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 663665B

Property Details

Property Type

Land

Est. Annual Taxes

$272

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Giles
  • Deed Bk Pg Instrumnt: 192/683
  • Legal Description: DB 192 PG 683
  • Miscellaneous: View
  • Parcel Nbr: 663665B
  • Property Sub Type: Land
  • Best Use: Recreation, Res/Single Family
  • Estimated Cleared Acres: 5
  • Estimated Wooded Acres: 169
  • Land Info Land Use: Yes
  • Buildings on Property Other: Cabin
  • Legacy Internal Listingid: 20171201234547656532000000
  • Legacy Username: nrv.morris2
  • Location: Rural
  • Type Of Property: Mountain Land, Res/Single Family, Waterfront
  • Special Features: None

Utilities

  • Utilities: Electricity, Septic, Spring

Schools

  • School District: Giles County
  • Elementary School: Macy McClg
  • High School: Giles

Lot Info

  • Topography: Cleared, Sloping, Stream/Creek, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Aug 3, 2018
Sold by
Kelley Leonard E
Bought by
Switzer Erick G and Switzer Richard R
Seller's Agent
Priscilla Morris
Long & Foster - Blacksburg
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%
Current Estimated Value
$224,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,612
Avg. Annual Appreciation
3.19%
Original Mortgage
$140,250
Outstanding Balance
$89,331
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$143,653
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 Buyer Sale Price Title Company
Switzer Erick G $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Switzer Erick G $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $187,000 -4.1% --
04/27/2018 04/27/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $195,000 -- --
Source: New River Valley 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 $272 $111,600 $73,100 $38,500
2023 $543 $111,600 $73,100 $38,500
2022 $543 $111,600 $73,100 $38,500
2021 $725 $111,600 $73,100 $38,500
2020 $725 $111,600 $73,100 $38,500
2019 $458 $109,800 $73,100 $36,700
2018 $430 $109,800 $73,100 $36,700
2017 -- $109,800 $73,100 $36,700
2016 $430 $109,800 $73,100 $36,700
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: New River Valley Association of REALTORS®

MLS Number: 330960

New River Valley Association of REALTORS®

APN: 66-3