NOT LISTED FOR SALE

Estimated Value: $1,582,929

96.17 Acres
$16,460 Price per Acre
4,189,165 Sq Ft Lot

Last Sold December 21, 2021

Last sale price $1,320,000

Est. 20% increase in value since last sale

Current estimated payment $9,838/month

69 Days on Market

Highlights

  • Boathouse
  • Barn
  • Property is near a marina
  • Lake Front
  • Horses Allowed On Property
  • 96.17 Acre Lot

About This Lot

As of December 2021

Amazing 96 PRIVATE waterfront acre estate/farm/recreational property on the Western branch of the Nansemond River. It has an EPA grandfathered marina {Brady's Marina)and business license with 4' plus depth of water, 30+/- acres in cropland, twenty acre hard red clay basin containment beds and borders 25 acre freshwater lake. There are two septics, electricity, well water and buildings on the property, some could be salvaged. This is a very interesting property and most unusual. Property is being sold in AS IS, WHERE IS condition.

Last Agent to Sell the Property

Cindy Barnett

Long & Foster REALTORS License #0225058087 Listed on: 12/18/2020

Long & Foster REALTORS

Last Buyer's Agent

Cindy Barnett

Long & Foster REALTORS License #0225058087 Listed on: 12/18/2020

Long & Foster REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,025

Lot Details

  • 96.17 Acre Lot
  • Lake Front
  • River Front
  • Street terminates at a dead end

Outdoor Features

  • Property is near a marina
  • Boathouse

Schools

  • Oakland Elementary School
  • Kings Fork Middle School
  • Kings Fork High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 25024000

Property Details

Property Type

Land

Est. Annual Taxes

$5,025

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 96.17
  • Lot Size: 96.17 acres
  • Road Surface Type: Gravel
  • Water Body Name: Nansemond
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Farm, Investment, Recreational
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Buildable, Dead End, Waterfront
  • Waterfront Features: Lake, Lake Front, River Front, Waterfront
  • Waterfront: Yes
  • Other Structures: Barn(s), Boat House, Residence

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Marina

Schools

  • Middle Or Junior School: Kings Fork

Lot Info

  • Parcel Number: 25024000
  • Horse Amenities: Horses Allowed
  • Cultivated Acreage: 30.0
  • Pasture Area: 10.0
  • Wooded Area: 14.0
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5025.0

MLS Schools

  • Elementary School: Oakland
  • High School: Kings Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Dec 14, 2021
Sold by
Castle Hill Llc
Bought by
City Of Suffolk
Seller's Agent
Cindy Barnett
Long & Foster REALTORS
Buyer's Agent
Cindy Barnett
Long & Foster REALTORS
List Price
$1,400,000
Sold Price
$1,320,000
Premium/Discount to List
-$80,000
-5.71%
Current Estimated Value
$1,582,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,929
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Dec 17, 2019
Sold by
Brady P Kirk
Bought by
Brady Paul Kirk and Brady Patricia C
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
City Of Suffolk -- None Available
Brady Paul Kirk -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $1,320,000 -5.7% --
02/25/2021 02/25/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $1,400,000 -- --
Source: Central 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 $18,147 $1,696,000 $1,523,300 $172,700
2023 $18,426 $1,690,500 $1,523,300 $167,200
2022 $18,236 $1,673,000 $1,523,300 $149,700
2021 $5,610 $505,400 $383,300 $122,100
2020 $5,554 $1,633,700 $1,523,300 $110,400
2019 $1,982 $1,804,300 $1,701,200 $103,100
2018 $5,382 $1,797,000 $1,701,300 $95,700
2017 $5,100 $1,789,900 $1,701,300 $88,600
2016 $5,108 $477,400 $388,800 $88,600
2015 $2,355 $475,800 $387,200 $88,600
2014 $2,355 $466,300 $377,700 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2037206

Central Virginia Regional MLS

APN: 250242000