NOT LISTED FOR SALE

4400 Rich Patch Rd Covington, VA 24426

Estimated Value: $290,400 - $438,000

153 Acres
$2,334 Price per Acre
6,664,680 Sq Ft Lot

Last Sold October 31, 2024

Last sale price $400,000

Est. 14% decrease in value since last sale

Current estimated payment $1,856/month

69 Days on Market

Highlights

  • Home fronts a creek
  • 153 Acre Lot
  • Near a National Forest
  • Callaghan Elementary School Rated 9+
  • Mountain View
  • Secluded Lot

About This Lot

As of October 2024

There is no plat for this property. All structures on property are being conveyed as is.

Last Agent to Sell the Property

Mathew Seldomridge

Virginia Land and Farms Inc Listed on: 06/14/2024

Last Buyer's Agent

Mathew Seldomridge

Virginia Land and Farms Inc Listed on: 06/14/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,346

Lot Details

  • 153 Acre Lot
  • Home fronts a creek
  • Property fronts a state road
  • Creek or Stream
  • Cave
  • Secluded Lot
  • Steep Slope
  • Wooded Lot
  • Property is zoned Agricultural

Property Views

  • Mountain Views

Schools

  • Mountain View Elementary School
  • Covington Middle School
  • Alleghany High School

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08500-00-000-0100

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest

Recreation

  • Pond
  • Spring on Lot
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$1,346

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: From Clifton Forge go west on US-60. Turn left onto state rt 696/ Selma Low Moor Rd. Turn left onto Rich Patch Rd. in 5.4 miles Turn right onto 616 go 5.7 miles to destination on right.
  • HistoricProperty: No
  • Listing Member Name: Mathew Seldomridge
  • Listing Office Short Id: VLF
  • Open House Office I D: 20210420170308152722000000
  • Hoa2 Or Poa: No
  • Prop. Type: Lots And Land
  • Selling Member Short Id: MSS
  • Subdivision Yn: No
  • Lot Use: Hunting, Recreation, Timber
  • Taxes Dollars: 1346.12
  • TotalAcresApx: 153.00
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Entry Location: Other

Exterior Features

  • Easements: Power
  • Exterior Features: Borders Nat'l Forest, Creek Frontage, Hardwoods, Outbuildings, View - Mountain
  • Road Frontage: State Road
  • Street: Rich Patch
  • Surface Water: Creek/Stream, Pond, Spring
  • Tax Rate: 0.73
  • Flood Zone: Other (Use Remarks)
  • Topography: Caves, Rolling, Secluded, Steep, Views, Woods

Utilities

  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric
  • Domestic Water Other: spring water

Schools

  • Elementary School: Mountain View
  • High School: Alleghany High
  • Middle School: Covington Middle

Lot Info

  • Zoning: Agricultural

Tax Info

  • Tax Map Number: 08500-00-000-0100
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Oct 31, 2024
Sold by
Howard Wayne L
Bought by
Deisher Ramon B
Seller's Agent
Mathew Seldomridge
Virginia Land and Farms Inc
Buyer's Agent
Mathew Seldomridge
Virginia Land and Farms Inc
List Price
$460,000
Sold Price
$400,000
Premium/Discount to List
-$60,000
-13.04%
Views
44
Current Estimated Value
$344,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,024
Avg. Annual Appreciation
-9.39%

Purchase Details

Closed on
Jan 1, 1994
Bought by
Howard Wayne L and Mary Jo
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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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
Deisher Ramon B $400,000 --
Howard Wayne L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $400,000 -9.1% --
08/22/2024 08/22/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $440,000 -4.3% --
06/14/2024 06/14/24 For Sale $460,000 -- --
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 $518 $184,400 $164,400 $20,000
2023 $1,346 $184,400 $164,400 $20,000
2022 $1,346 $184,400 $164,400 $20,000
2021 $1,346 $184,400 $164,400 $20,000
2020 $1,346 $184,400 $164,400 $20,000
2019 $1,346 $184,400 $164,400 $20,000
2018 $1,360 $191,500 $167,400 $24,100
2017 $1,360 $191,500 $167,400 $24,100
2016 $555 $191,500 $167,400 $24,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 138557

APN: 08500-00-000-0100