NOT LISTED FOR SALE
4.34 Acres
-- Price per Acre
189,050 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $725,000

384 Days on Market

Highlights

  • 4.34 Acre Lot
  • Elevated Lot
  • Gentle Sloping Lot
  • Spotswood High School Rated A-
  • High Speed Internet

About This Lot

As of May 2023

4.346 acres residential development land located in fast growing location. 4 separate tax parcels. Public water is located on the property and sewer is on the adjoining 7 Eleven. Great views of the Massanutten Mountain Range. Access off Spotswood Trail. DEED RESTRICTIONS FOR RESIDENTIAL USES ONLY.

Last Agent to Sell the Property

Keith May

Cottonwood Commercial LLC License #0225049582 Listed on: 10/06/2021

Cottonwood Commercial LLC

Last Buyer's Agent

Colton Mitchell

Old Dominion Realty Inc License #0225212392

Old Dominion Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $442

Lot Details

  • 4.34 Acre Lot
  • Elevated Lot
  • Gentle Sloping Lot
  • Property is zoned A-2 Agricultural General

Schools

  • Cub Run Elementary School
  • Montevideo Middle School
  • Spotswood High School

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 125-A-L201, 202, 203, 204

Property Details

Property Type

Land

Est. Annual Taxes

$442

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Development
  • L V T Date: 10/06/2021
  • Parcel Number: 125-A-L201, 202, 203, 204
  • Price Per Sq Ft: 167050.69
  • Zoning: A-2 Agricultural General
  • Best Use: Investment, Residential
  • Current Use: Vacant
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Elevated, Gently Rolling

Exterior Features

  • Number Of Acres: 4.34

Utilities

  • Cable Available: DSL
  • Sewer/Septic System: Public Sewer Available
  • Water: Public Water

Tax Info

  • Year: 2021

MLS Schools

  • HighSchool: Spotswood
  • Middle School: Montevideo
  • Elementary School: Cub Run (Rockingham)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
May 8, 2023
Sold by
Bectin Properties Lc
Bought by
Ridgeview Mountain Development Llc
Seller's Agent
Keith May
Cottonwood Commercial LLC
Buyer's Agent
Colton Mitchell
Old Dominion Realty Inc
List Price
$575,000
Sold Price
$725,000
Premium/Discount to List
$150,000
26.09%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,250
Outstanding Balance
$457,923
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2006
Sold by
Coakley Sibyl E V and Morris Byron R
Bought by
Bectin Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
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
Ridgeview Mountain Development Llc $450,000 None Listed On Document
Ridgeview Mountain Development Llc $450,000 None Listed On Document
Bectin Properties Lc $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgeview Mountain Development Llc $472,250
Closed Ridgeview Mountain Development Llc $472,250
Previous Owner Bectin Properties Lc $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $725,000 0.0% --
10/25/2022 10/25/22 Pending -- -- --
05/17/2022 05/17/22 Off Market $725,000 -- --
02/15/2022 02/15/22 Price Changed $874,000 +52.0% --
10/06/2021 10/06/21 For Sale $575,000 -- --
Source: Harrisonburg-Rockingham 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 $442 $65,000 $65,000 $0
2023 $442 $65,000 $65,000 $0
2022 $442 $65,000 $65,000 $0
2021 $481 $65,000 $65,000 $0
2020 $481 $65,000 $65,000 $0
2019 $481 $65,000 $65,000 $0
2018 $481 $65,000 $65,000 $0
2017 $481 $65,000 $65,000 $0
2016 $475 $67,900 $65,000 $2,900
2015 $455 $67,900 $65,000 $2,900
2014 $435 $67,900 $65,000 $2,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 622924

Harrisonburg-Rockingham Association of REALTORS®

APN: 125-A-L202