NOT LISTED FOR SALE

4887 Timber Ridge Rd Buchanan, VA 24066

Estimated Value: $158,320 - $228,000

13.5 Acres
$13,489 Price per Acre
588,060 Sq Ft Lot

Last Sold February 08, 2016

Last sale price $85,000

Est. 114% increase in value since last sale

Current estimated payment $1,003/month

48 Days on Market

Highlights

  • Home fronts a creek
  • Mountain View
  • No HOA
  • Central Academy Middle School Rated A-
  • Wooded Lot
  • Creek or Stream

About This Lot

As of February 2016

Thirteen rolling acres for that special country home or place to hunt. There is an old homesite that has a concrete block dwelling which is in poor condition and has no value. This property has some creek frontage, some timber, open areas and a abundance of wildlife. Sold As Is Where Is. Owner will do no inspections. Spring Meadow Lane is a ROW West side of the property serving 3 other homes.

Last Agent to Sell the Property

Kenneth Sexton

James River Realty - Lexington Listed on: 11/28/2015

Last Buyer's Agent

Melanie Knick

James River Realty - Lexington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $739

Lot Details

  • 13.5 Acre Lot
  • Home fronts a creek
  • Property fronts a state road
  • Creek or Stream
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Agricultural

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Mountain Views
  • Flood Zone Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50-31,50-32,50-33

Property Details

Property Type

Land

Est. Annual Taxes

$739

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: I81 exit 168, US11 to Buchanan R on Rt.43 N to Springwood Rd 2.7 Mi, R on Timber Ridge on Right.
  • 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: melk
  • Subdivision Yn: No
  • Lot Use: Hunting, Single Family, Timber
  • Taxes Dollars: 739.00
  • TotalAcresApx: 13.50
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Entry Location: Other

Exterior Features

  • Easements: Right of Way
  • Exterior Features: Creek Frontage, Doublewide Permitted, View - Mountain
  • Flood Zone: Minimal
  • Road Frontage: State Road
  • Street: Timber Ridge
  • Surface Water: Creek/Stream
  • Tax Rate: .72
  • Flood Zone: SE
  • Topography: Rolling, Views, Woods

Utilities

  • Sewer: None
  • Utilities Available: Electric
  • Water: None

Schools

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

Lot Info

  • Zoning: Agricultural
  • Lot Type: Bldg Lot, Acreage

Tax Info

  • Tax Map Number: 50-31,50-32,50-33
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Wray Michael C and Wray Penny Raye
Bought by
Peay Jeffrey A and Peay Amanda B
Current Estimated Value
$182,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Outstanding Balance
$70,854
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$111,253
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
Peay Jeffrey A $75,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peay Jeffrey A $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2016 02/08/16 Sold $85,000 +41.7% --
02/05/2016 02/05/16 Sold $60,000 -7.0% -- View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
01/15/2016 01/15/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $64,500 0.0% --
11/28/2015 11/28/15 For Sale $64,500 -- --
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
2025 $599 $85,500 $85,500 $0
2024 $230 $85,500 $85,500 $0
2023 $243 $83,500 $82,500 $1,000
2022 $660 $83,500 $82,500 $1,000
2021 $660 $83,500 $82,500 $1,000
2020 $660 $83,500 $82,500 $1,000
2019 $731 $92,500 $85,500 $7,000
2018 $731 $92,500 $85,500 $7,000
2017 $731 $92,500 $85,500 $7,000
2016 $731 $92,500 $85,500 $7,000
2015 $678 $94,200 $85,500 $8,700
2014 $678 $94,200 $85,500 $8,700
2010 -- $94,200 $85,500 $8,700
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Sexton

    Seller's Agent in 2016

    Kenneth Sexton

    GATEWAY REAL ESTATE LLC

    (540) 969-9465

    58 Total Sales

    Kenneth Sexton
    Section Image
  • Billy Kingery

    Buyer's Agent in 2016

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    404 Total Sales

    Billy Kingery
    Section Image

  • M

    Buyer's Agent in 2016

    Melanie Knick

    James River Realty - Lexington

See All Agents

Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 130124

APN: 50-33

Virginia Botetourt County Buchanan 24066

4887 Timber Ridge Rd, Buchanan, VA

Not Listed for Sale

Lots

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