NOT LISTED FOR SALE

401 Posey Rd NW Floyd, VA 24091

Estimated Value: $346,435 - $399,000

1.84 Acres
$207,940 Price per Acre
80,150 Sq Ft Lot

Sale Details

Date Sold: May 26, 2017

Last sale price $80,000

Est. 378% increase in value since last sale

Current estimated payment $2,175 / mo

17 Days on Market

Highlights

  • Barn
  • Spring on Lot
  • Shed
  • Horses Allowed On Property
  • Wooded Lot
  • Spring water is a source of water for the property

About This Lot

As of May 2017

22 plus or minus acres with a mixture of open and wood land. If it's privacy you want this is it. No other homes in sight. This property would be a great place to build your new home. The gentle sloping hay field on this property is approximately 4 acres, there are two other small fields that have grown over that just need to be bush hogged. There is a small branch that flows the length of the property and multiple springs in the wooded area. Good stand of pine timber on the back corner of the property. The old house on the property is hooked to the spring. Partial fenced and cross fencing.

Last Agent to Sell the Property

Darrell Hylton

UC/Blue Ridge Land & Auction Listed on: 01/13/2017

Last Buyer's Agent

John Johnson

Coldwell Banker Townside Bburg License #0225200429

Property Details

Property Type

  • Land

Lot Details

  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Outdoor Features

  • Spring on Lot
  • Shed

Farming

  • Barn
  • Tillable Land

Additional Features

  • Horses Allowed On Property
  • Mobile Home Allowed
  • Spring water is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 40-18 & 40-19

Property Details

Property Type

Land

Listing Details

  • Class: Land
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: 113/473
  • Legal Description: Alum Ridge
  • Miscellaneous: Dwmh Permitted, Fencing-Partial, Suitable For Horses, Swmh Permitted, Tillable Land
  • Parcel Nbr: 40-18 & 40-19
  • Property Sub Type: Land
  • Best Use: Farming, Grazing, Recreation, Res/Single Family
  • Estimated Cleared Acres: 6
  • Estimated Wooded Acres: 16
  • Buildigs on Property: Barn, House, Shed
  • Legacy Internal Listingid: 20170117150609657939000000
  • Legacy Username: nrv.darrell
  • Location: Rural
  • Type Of Property: Undeveloped
  • Special Features: None

Utilities

  • Utilities: Electricity, Spring

Lot Info

  • Topography: Cleared, Level, Sloping, Spring(s), Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Mcpeak Andrew Reece
Bought by
Mcpeak Andrew Reece and Mcpeak Rebecca Thomas
Current Estimated Value
$382,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,832
Interest Rate
3.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcpeak Andrew Reece -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcpeak Andrew Reece $239,832
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $80,000 -20.0% --
01/30/2017 01/30/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $100,000 -- --
Source: New River Valley Association of REALTORS®

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
2025 $1,366 $310,500 $35,000 $275,500
2024 $1,393 $207,900 $24,000 $183,900
2023 $1,351 $207,900 $24,000 $183,900
2022 $1,351 $207,900 $24,000 $183,900
2021 $1,310 $207,900 $24,000 $183,900
2020 $120 $207,900 $24,000 $183,900
2019 $278 $46,300 $29,400 $16,900
2018 $278 $46,300 $29,400 $16,900
2017 $240 $43,600 $20,000 $23,600
2016 $240 $43,600 $20,000 $23,600
2015 -- $43,600 $20,000 $23,600
2014 -- $57,700 $25,100 $32,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Darrell Hylton

    UC/Blue Ridge Land & Auction

  • J

    Buyer's Agent in 2017

    John Johnson

    Coldwell Banker Townside Bburg

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 326700

New River Valley Association of REALTORS®

APN: 40-19

Virginia Floyd County Floyd 24091

401 Posey Rd NW, Floyd, VA

Not Listed for Sale

Lots

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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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