NOT LISTED FOR SALE

435 Lofton Rd Raphine, VA 24472

59 Acres
-- Price per Acre
2,570,040 Sq Ft Lot

Last Sold November 06, 2024

Last sale price $975,000 $32 Per Sq Ft

11 Days on Market

Highlights

  • Panoramic View
  • Private Lot
  • 1-Story Property
  • 59 Acre Lot
  • Partially Wooded Lot
  • Baseboard Heating

About This Lot

As of November 2024

Situated at the foot of the Blue Ridge this Equine Facility will create a sense of peace the moment you make your way up the drive. Located just off I-81 and a 30-minute commute to Lexington Horse Center the location is ideal for those wanting seclusion but not isolation. This property features one of the ONLY 100x200 {yes that's 20 THOUSAND sq feet!} indoor event arenas in this area. Adjacent to the indoor Arena is an outdoor Arena and Stable. The possibilities are endless with this property! Outdoor and indoor event lighting, set up for Barrell Racing, roping events, rodeos, horse shows, tons of parking, trailer hook ups 110/30 amp. Featuring two bathrooms and a shower you could rest up here for long haul overnights as well. The list is long and the property beautiful, so come take a look and fall in love.

Last Agent to Sell the Property

Jody Sipe

AUGUSTA REALTY GROUP License #225022972 Listed on: 07/05/2024

Last Buyer's Agent

Mountain Valley Team

KLINE MAY REALTY, LLC

KLINE MAY REALTY, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 2011

Lot Details

  • 59 Acre Lot
  • Electric Fence
  • Board Fence
  • Fence is in good condition
  • Private Lot
  • Open Lot
  • Gentle Sloping Lot
  • Partially Wooded Lot
  • Property is zoned GA General Agricultural

Parking

  • Gravel Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 30,000 Sq Ft Home
  • 1-Story Property

Schools

  • Riverheads Elementary And Middle School
  • Riverheads High School

Utilities

  • Baseboard Heating
  • Well
  • Conventional Septic
  • High Speed Internet
  • Satellite Dish

Property Details

Property Type

Land

Est. Annual Taxes

$2,356

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Farm
  • Above Grade Finished Sq Ft: 30000
  • Above Grade Unfinished Sq Ft: 30000
  • Electricity: Elec Above ground
  • Grazing Acreage: 48
  • L V T Date: 07/05/2024
  • Nameof Property: Old Gray Mares Acres
  • Pasture Acreage: 48
  • Total Sq Ft: 30000
  • Total Unfinished Sq Ft: 30000
  • Type of Construction: On Site Built
  • Wooded Acres: 10
  • Zoning: GA General Agricultural
  • Best Use: Equine Facility Boarding Training Equine Event Venue 18,000 square feet of indoor Arena
  • Current Use: Equine Facility
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Current Animal Use: Horses
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Foundation: Concrete Slab
  • Land Description: Gently Rolling, Open, Partly Wooded, Private
  • Level: 1 Story
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 2

Exterior Features

  • Fence: Board, Condition Good, Electric, Cross Fencing
  • Exterior: Aluminum
  • Number Of Acres: 59
  • Roof: Metal - Galv Steel
  • View: Mountain View, Panoramic View, Pastoral View

Garage/Parking

  • Driveway Parking: Gravel

Utilities

  • Heating: Baseboard, Electric
  • Cable Available: Dish/Satellite, DSL
  • Sewer/Septic System: Installed Conventional
  • Water: Individual Well

Building Info

  • Year Built: 2011

Tax Info

  • Year: 2024
  • Taxes: 2356.12

MLS Schools

  • HighSchool: Riverheads
  • Middle School: Riverheads
  • Elementary School: Riverheads

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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Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $975,000 -22.0% $33 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $1,250,000 -- $42 / Sq Ft
Source: Charlottesville Area 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
2025 $2,356 $717,500 $366,000 $351,500
2024 $1,381 $717,500 $366,000 $351,500
2023 $1,381 $494,636 $362,400 $132,236
2022 $1,381 $494,636 $362,400 $132,236
2021 $1,381 $494,679 $362,443 $132,236
2020 $1,381 $494,600 $362,400 $132,200
2019 $1,381 $494,600 $362,400 $132,200
2018 $1,319 $494,636 $362,400 $132,236
2017 $1,215 $494,636 $362,400 $132,236
2016 $1,215 $494,636 $362,400 $132,236
2015 $752 $494,636 $362,400 $132,236
2014 $752 $494,636 $362,400 $132,236
2013 $752 $480,200 $401,300 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 654688

Charlottesville Area Association of REALTORS®

APN: 095 103E