NOT LISTED FOR SALE

3132 State Route 606 Keokee, VA 24265

Estimated Value: $34,966 - $94,000

18 Acres
$3,610 Price per Acre
784,080 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $20,000

Est. 225% increase in value since last sale

Current estimated payment $376/month

15 Days on Market

Highlights

  • Mountainous Lot
  • Livestock
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Partially Fenced Property

About This Lot

As of December 2020

Looking for that getaway property? Want to hike through your own woods? Look no further! 1-2 acres that is level/gently rolling for your new home, camper or hunting cabin. Water and power at the road. Most of the acreage is in timber which has not been logged in well over 50 years. Wallens Stream, a fork of the Powell River, is nearby and it is stocked with trout every year. Come and take a look! House is of no value, tear down.

Last Listed By

Elaine Lawson

Appalachian Realty Executives, LLC License #0225224268 Listed on: 10/21/2020

Appalachian Realty Executives, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 18 Acre Lot
  • Property fronts a state road
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Wooded Lot
  • Property is in below average condition
  • Property is zoned Rural

Schools

  • Keokee Elementary School
  • Pennington Middle School
  • Lee Co High School

Additional Features

  • Livestock
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 13-(1)-2

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

0

Listing Details

  • Directions: Take 421 from Morgan Street in Pennington Gap, turn Right onto SR 606. Property is on the right in 3.1 miles. Sign at the driveway. Boots advised.
  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road, Easement, State Road
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Below Average, Poor
  • Lot Features: Mountainous, Rolling Slope, Wooded, Other
  • Acres: 18.0
  • Home Warranty: No
  • Lot Features:Wooded2: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: At Road
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Keokee
  • High School: Lee Co
  • Middle Or Junior School: Pennington

Lot Info

  • Zoning: Rural
  • Lot Dimensions: See acres
  • Lot Size Sq Ft: 784080.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-(1)-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 2, 2020
Sold by
Mccracken Angela Louise
Bought by
Smith James Marion
Seller's Agent
Elaine Lawson
Appalachian Realty Executives, LLC
Buyer's Agent
Elaine Lawson
Appalachian Realty Executives, LLC
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%
Total Days on Market
15
Current Estimated Value
$64,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,989
Avg. Annual Appreciation
31.52%

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
Smith James Marion $20,000 None Listed On Document
Smith James Marion $20,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $20,000 -20.0% --
11/06/2020 11/06/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $25,000 -- --
Source: Tennessee/Virginia Regional 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
2024 $172 $23,200 $15,200 $8,000
2023 $144 $23,200 $15,200 $8,000
2022 $144 $23,200 $15,200 $8,000
2021 $144 $23,200 $15,200 $8,000
2020 $144 $23,200 $15,200 $8,000
2019 $144 $23,200 $15,200 $8,000
2018 $144 $23,200 $15,200 $8,000
2017 $144 $23,200 $15,200 $8,000
2016 $144 $23,200 $15,200 $8,000
2015 -- $32,000 $20,600 $11,400
2013 -- $32,000 $20,600 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9914548

Tennessee/Virginia Regional MLS

APN: 13-(1)-2