NOT LISTED FOR SALE

389 Penn Hollow Rd Buchanan, VA 24066

Estimated Value: $89,000 - $197,000

9 Acres
$13,844 Price per Acre
402,930 Sq Ft Lot

Last Sold June 24, 2015

Last sale price $55,000

Est. 133% increase in value since last sale

Current estimated payment $733/month

5 Days on Market

About This Lot

As of June 2015

Ridge top property near James River High School. Property has a home that has not been lived in for several years and is in poor condition. The land is very nice with additional building sites that will have nice meadow and mountain views. Good location just minutes to Buchanan. Priced with no value given to dwelling which does have well and septic.

Last Agent to Sell the Property

Kenneth Sexton

James River Realty - Lexington Listed on: 01/23/2015

Last Buyer's Agent

Non Member

Property Details

Property Type

Land

Est. Annual Taxes

$389

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: I81 to Arcadia exit. S on Rt11 R on Rt.43 past James River HS to L on Penn Hollow Rd. property on left.
  • HistoricProperty: No
  • Listing Member Name: Kenneth Sexton
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Lots And Land
  • Selling Member Short Id: non-member
  • Selling Office Short Id: 108
  • Subdivision Yn: No
  • Lot Use: Hunting, Single Family
  • Taxes Dollars: 685.00
  • TotalAcresApx: 9.25
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Entry Location: Other

Exterior Features

  • Easements: Power
  • Exterior Features: Hardwoods, View - Mountain
  • Flood Zone: Minimal
  • Road Frontage: State Road
  • Street: Penn Hollow
  • Tax Rate: .72
  • Flood Zone: SW
  • Topography: Rolling

Utilities

  • Sewer: Existing Septic
  • Utilities Available: Electric
  • Water: Existing Well

Schools

  • Elementary School: Buchanan Elementary
  • Middle School: Central Academy Middle
  • High School: James River
  • Elementary School: Buchanan Elementary
  • High School: James River
  • Middle School: Central Academy Middle

Lot Info

  • Land Assessment: 53000.00
  • Total Assessment: 95200.00
  • Zoning: Agricultural
  • Lot Type: Bldg Lot, Acreage

Tax Info

  • Tax Map Number: 51-126
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Jun 23, 2015
Sold by
Spangler Gene R
Bought by
Simmons Danny L
Seller's Agent
Kenneth Sexton
James River Realty - Lexington
Buyer's Agent
Non Member
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Current Estimated Value
$128,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,059
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
Simmons Danny L $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2015 06/24/15 Sold $55,000 -6.8% --
01/28/2015 01/28/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $59,000 -- --
Source: Rockbridge Highlands 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 $389 $55,600 $55,600 $0
2023 $439 $55,600 $55,600 $0
2022 $439 $55,600 $55,600 $0
2021 $439 $55,600 $55,600 $0
2020 $439 $55,600 $55,600 $0
2019 $450 $56,900 $55,600 $1,300
2018 $450 $56,900 $55,600 $1,300
2017 $450 $56,900 $55,600 $1,300
2016 $450 $56,900 $55,600 $1,300
2015 $685 $95,200 $53,000 $42,200
2014 $685 $95,200 $53,000 $42,200
2010 -- $95,200 $53,000 $42,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kenneth Sexton

    James River Realty - Lexington

  • N

    Buyer's Agent in 2015

    Non Member

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 129079

APN: 51-126

Virginia Botetourt County Buchanan 24066

389 Penn Hollow Rd, Buchanan, VA

This home is located at 389 Penn Hollow Rd, Buchanan, VA 24066 since 23 January 2015 and is currently estimated at $128,059. 389 Penn Hollow Rd is a home located in Botetourt County with nearby schools including Buchanan Elementary School, Central Academy Middle School, and James River High School.

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