NOT LISTED FOR SALE

345 Forest Trail Independence, VA 24348

Estimated Value: $489,172 - $525,000

2 Beds
2 Baths
1,680 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $355,000 $211 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,789/month

55 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • No HOA
  • 35.19 Acre Lot
  • Farm
  • Covered Patio or Porch

About This Home

As of December 2020

Peach Bottom-great neighborhood close to Independence. The home has 1680 square feet +-. Enjoy the covered porches. Protected by 35 acres of rolling woods and grasslands. Feature privacy and interesting views. Buyer to verify internet.

Last Agent to Sell the Property

Linda Cornett

Tri-County Real Estate License #0225108892 Listed on: 08/25/2020

Last Buyer's Agent

Linda Cornett

Tri-County Real Estate License #0225108892 Listed on: 08/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 2012

Lot Details

  • 35.19 Acre Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is in good condition
  • Property is zoned RF

Home Design

  • Cabin
  • Block Foundation
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Grayson Elementary School
  • Grayson County Middle School
  • Grayson County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Black Rock Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 35.185
  • Lot Size: see deed
  • Subdivision Name: Black Rock
  • Directions: From the stop light in Independence at the intersecrion of 58 & 21, take 21 north for 2.38 miles. Turn left onto Forest Trail. Go 0.35 miles property on the left.
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 2012
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 1680
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Level, Views, Farm, Rolling/Sloping, Wooded, Steep Slope
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Log
  • Exterior Features: Horses Allowed, Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, None

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grayson
  • High School: Grayson County
  • Middle Or Junior School: Grayson County

Lot Info

  • Lot Size Sq Ft: 1532658.6
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1630.96
  • Tax Lot: 0
  • Tax Map Number: 52-A-57D
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 14, 2020
Sold by
Spears William Jesse and Spears Gayle Madison
Bought by
Leeper James S and Leeper Eileen D
Seller's Agent
Linda Cornett
Tri-County Real Estate
Buyer's Agent
Linda Cornett
Tri-County Real Estate
List Price
$384,850
Sold Price
$355,000
Premium/Discount to List
-$29,850
-7.76%
Current Estimated Value
$504,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,793
Avg. Annual Appreciation
7.22%
Original Mortgage
$284,000
Outstanding Balance
$253,296
Interest Rate
2.8%
Mortgage Type
Closed End Mortgage
Estimated Equity
$251,497
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leeper James S $355,000 Appalachian Title & Stlmnt
Leeper James S $355,000 Ward James T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leeper James S $284,000
Closed Leeper James S $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $355,000 -7.8% $211 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $384,850 -- $229 / Sq Ft
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 $1,729 $320,200 $156,700 $163,500
2023 $1,945 $320,200 $156,700 $163,500
2022 $1,659 $320,200 $156,700 $163,500
2021 $1,875 $281,200 $156,700 $124,500
2020 $1,847 $281,200 $156,700 $124,500
2019 $1,534 $281,200 $156,700 $124,500
2018 $1,534 $281,200 $156,700 $124,500
2017 $1,534 $281,200 $156,700 $124,500
2016 -- $281,200 $156,700 $124,500
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: 75316

APN: 52 - A- - 57D