NOT LISTED FOR SALE

339 Spruce Run Rd Newport, VA 24128

Estimated Value: $310,000 - $555,220

128 Acres
$3,488 Price per Acre
5,575,680 Sq Ft Lot

Last Sold October 08, 2019

Last sale price $365,000 $331 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,453/month

176 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • 30 Acres of Pasture
  • Spring on Lot
  • No HOA
  • Creek or Stream

About This Lot

As of October 2019

This breathtaking 158 acre property is located 10 miles, and exactly 10 minutes, from the Virginia Tech campus and straddles the county line between Giles and Montgomery. it is also located 6 miles, and exactly 7 minutes from the New River. You will find more than enough privacy, endless views, multiple springs, a very bold creek, countless riding trails, oak hardwoods, and multiple prime building sites—all of which make this a very attractive setting for a dream estate property. The entrance to this property is approximately 1/4 mile off of Route 460W boasting 1100 feet of road frontage, however, there is no traffic noise and again, highly sufficient privacy. The old house was built in 1880 and is poor condition--the old barn is in good condition. Plentiful wildlife, good pasture or hay land, and wooded trails. Take this property from the 1800's to a dream estate for the future. Abundant wildlife.

Last Agent to Sell the Property

Marie ANNETTE David

Graham & David Real Estate Inc License #225042498 Listed on: 03/26/2019

Co-Listed By

Tyler Hawes

Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg

Last Buyer's Agent

Marie ANNETTE David

Graham & David Real Estate Inc License #225042498 Listed on: 03/26/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $253

Lot Details

  • Creek or Stream
  • Steep Slope
  • Wooded Lot
  • Property is zoned Agricultural

Farming

  • Barn
  • 30 Acres of Pasture

Listing and Financial Details

  • Assessor Parcel Number 6042A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Spring on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$253

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Giles
  • Deed Bk Pg Instrumnt: 2017/953
  • Legal Description: Tax Map 60 42A; 60 40; 60 39; 60 41A; 60 42; Mountain
  • Lvt Date: 03/27/2019
  • Parcel Nbr: 6042A
  • Property Sub Type: Land
  • Best Use: Farming, Grazing, Recreation, Timber
  • Estimated Cleared Acres: 30
  • Estimated Pasture Acres: 30
  • Estimated Tillable Acres: 10
  • Estimated Wooded Acres: 128
  • Land Info Fencing: Border fencing
  • Land Info Land Use: Yes
  • Land Info Road Frontage: 1100
  • Buildigs on Property: Barn, House
  • Buildings on Property Other: Barn
  • Estimated Timber Acres: 128
  • Location Other See Remar: 10 min. from VT
  • Miscellaneous Other See: 99.8% pure water
  • Topography Other See Rem: Sloping
  • Utilities Other See Remarks: Electric
  • Special Features: None

Utilities

  • Utilities: Utilities Available

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Giles County
  • Elementary School: Eastern
  • Middle School: Eastern
  • High School: Giles

Lot Info

  • Zoning: Agricultural
  • Topography: Rolling, Sloping, Spring(s), Steep, Stream/Creek, Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2017
Sold by
Engelbrecht Gordon P
Bought by
Bowman Griffin Farms Llc
Current Estimated Value
$446,407

Purchase Details

Closed on
Dec 21, 1998
Source: Public Records

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
Bowman Griffin Farms Llc $350,000 Attorney Only
-- $20,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $365,000 -18.9% $331 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $450,000 -24.9% $408 / Sq Ft
05/28/2019 05/28/19 Price Changed $599,000 -7.7% $543 / Sq Ft
05/09/2019 05/09/19 Price Changed $649,000 -13.4% $588 / Sq Ft
03/26/2019 03/26/19 For Sale $749,000 -- $678 / Sq Ft
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 $253 $173,600 $164,300 $9,300
2023 $505 $173,600 $164,300 $9,300
2022 $505 $173,600 $164,300 $9,300
2021 $0 $173,600 $164,300 $9,300
2020 $483 $173,600 $164,300 $9,300
2019 $483 $173,600 $164,300 $9,300
2018 $454 $173,600 $164,300 $9,300
2017 -- $173,600 $164,300 $9,300
2016 $454 $173,600 $164,300 $9,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marie ANNETTE David

    Graham & David Real Estate Inc

    Section Image
  • Tyler Hawes

    Seller Co-Listing Agent in 2019

    Tyler Hawes

    Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg

    (540) 309-2981

    85 Total Sales

    Tyler Hawes
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 404846

New River Valley Association of REALTORS®

APN: 60-42A

Virginia Giles County Newport 24128

339 Spruce Run Rd, Newport, VA

This home is located at 339 Spruce Run Rd, Newport, VA 24128 since 26 March 2019 and is currently estimated at $446,407, approximately $404 per square foot. 339 Spruce Run Rd is a home located in Giles County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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