NOT LISTED FOR SALE

5174 Ritchie Rd Bealeton, VA 22712

Estimated Value: $904,000 - $1,215,901

213 Acres
$5,096 Price per Acre
9,256,500 Sq Ft Lot

Last Sold July 20, 2022

Last sale price $1,175,000 $267 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,828/month

41 Days on Market

Highlights

  • Barn
  • Stream or River on Lot
  • No HOA
  • 212.5 Acre Lot
  • Partially Wooded Lot
  • Open Lot

About This Lot

As of July 2022

Beautiful farm tract with multiple potential uses. County letter delineates 10 division rights subject to normal ordinance and process. Perc sites being evaluated spring/summer 2022 once crops are clear. Open farming fields leased season to season and planted in grains. Woods, streams, etc. Extensive infrastructure for power, fiber and gas at or near site. Possible ecosystem services opportunities for nutrient banking, wetland creation, stream restoration. Flood plain areas recently re-evaluated and substantially reduced.
The site was formally proposed as a multi-lot Kastle Greens subdivision. Residential lot development still a very viable option. Great investment with multiple possible uses. No easement or PDR.

Last Agent to Sell the Property

Jay Norman

Norman Realty, Inc. License #0225031055 Listed on: 04/14/2022

Last Buyer's Agent

Ioan Denes

CENTURY 21 New Millennium License #0225113695

CENTURY 21 New Millennium

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,111

Lot Details

  • 212.5 Acre Lot
  • Rural Setting
  • Open Lot
  • Partially Wooded Lot
  • Subdivision Possible
  • Ground Rent expires in 1 year
  • Property is zoned RA, Agriculture

Schools

  • Mary Walter Elementary School
  • Cedar Lee Middle School
  • Liberty High School

Utilities

  • Well
  • On Site Septic

Additional Features

  • Flood Risk
  • Barn

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot
  • Storage Shed
  • Tenant House

Property Details

Property Type

Land

Est. Annual Taxes

$2,111

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful farm tract with multiple potential uses. County letter delineates 10 division rights subject to normal ordinance and process. Perc sites being evaluated spring/summer 2022 once crops are clear. Open farming fields leased season to season and planted in grains. Woods, streams, etc. Extensive infrastructure for power, fiber and gas at or near site. Possible ecosystem services opportunities for nutrient banking, wetland creation, stream restoration. Flood plain areas recently re-evaluated and substantially reduced. The site was formally proposed as a multi-lot Kastle Greens subdivision. Residential lot development still a very viable option. Great investment with multiple possible uses. No easement or PDR.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.15
  • Street Number Modifier: 5174

Exterior Features

  • Other Structures List: Barn, Storage Barn/Shed, Tenant House
  • Construction Completed: No
  • Road Surface Type: Access - On Grade, Us Highway/Interstate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: FAUQUIER COUNTY PUBLIC SCHOOLS
  • Elementary School: MARY WALTER
  • Middle School: CEDAR LEE
  • High School: LIBERTY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140614887
  • School District Source: 3rd Party
  • Elementary School: MARY WALTER
  • High School: LIBERTY
  • Middle Or Junior School: CEDAR LEE

Lot Info

  • Additional Parcels: No
  • Land Use Code: land use
  • Lot Features: Open, Partly Wooded, Road Frontage, Rural, Stream/Creek, Subdivision Possible
  • Lot Size Acres: 212.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9256500.00
  • Possible Use: Agriculture, Development, Investment, Residential
  • Year Assessed: 2021
  • Zoning: RA
  • Zoning Description: Agriculture
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 1
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Tax Annual Amount: 2111.26
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 07/20/2022

MLS Schools

  • School District Name: FAUQUIER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2010
Sold by
Branch Banking And Trust Co
Bought by
Williams Jerry W
Current Estimated Value
$1,111,731
Source: Public Records

Range of Values:

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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
Williams Jerry W $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Jerry W $502,300
Closed Williams Jerry W $584,000
Closed Williams Jerry W $594,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $1,175,000 -16.1% $267 / Sq Ft
04/14/2022 04/14/22 For Sale $1,400,000 -- $318 / Sq Ft
Source: Bright MLS

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 $8,261 $854,300 $136,300 $718,000
2024 $8,070 $854,300 $136,300 $718,000
2023 $7,728 $854,300 $136,300 $718,000
2022 $7,728 $854,300 $136,300 $718,000
2021 $7,398 $742,900 $121,300 $621,600
2020 $7,398 $742,900 $121,300 $621,600
2019 $7,398 $742,900 $121,300 $621,600
2018 $7,309 $742,900 $121,300 $621,600
2016 $6,626 $636,400 $118,000 $518,400
2015 -- $636,400 $118,000 $518,400
2014 -- $636,400 $118,000 $518,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAFQ2004152

Bright MLS

APN: 7808-54-7177