NOT LISTED FOR SALE

526 W Reservoir Rd Woodstock, VA 22664

Estimated Value: $3,524,536

5.36 Acres
$657,563 Price per Acre
233,482 Sq Ft Lot

Last Sold May 15, 2014

Last sale price $699,000 $390 Per Sq Ft

Est. 404% increase in value since last sale

Current estimated payment $20,572/month

31 Days on Market

About This Lot

As of May 2014

Prime land for development, 5.36 acres, possibly could be sub-divided. Located In Woodstock, I-81 Exit # 283. Lighted intersection across from Walmart, Lowes, Tractor Supply and Cracker Barrel. Preliminary site plan, VDOT improvements include; right turn lane, curbs gutters installed on east side of the property. Retail, restaurant, bank and office use. REO property priced for immediate sale!

Last Agent to Sell the Property

Jim Guisewhite

Commercial Specialists License #0225181417 Listed on: 12/20/2013

Commercial Specialists

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,884

Lot Details

  • 5.36 Acre Lot
  • Cost To Obtain Building Permits
  • Property is zoned B2

Listing and Financial Details

  • Assessor Parcel Number 0004519

Community Details

Overview

  • No Home Owners Association
  • Woodstock Commons Subdivision

Recreation

  • Tenant House

Property Details

Property Type

Land

Est. Annual Taxes

$1,884

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Prime land for development, 5.36 acres, possibly could be sub-divided. Located In Woodstock, I-81 Exit # 283. Lighted intersection across from Walmart, Lowes, Tractor Supply and Cracker Barrel. Preliminary site plan, VDOT improvements include; right turn lane, curbs gutters installed on east side of the property. Retail, restaurant, bank and office use. REO property priced for immediate sale!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 2.99
  • Street Number Modifier: 526

Exterior Features

  • Other Structures List: Tenant House
  • Construction Completed: No
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 79300.00
  • Lot Size Acres: 5.36
  • Lot Size Area: 233482
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 233482.00
  • Possible Use: Commercial, Wholesale, Office
  • Year Assessed: 2010
  • Zoning: B2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19706137
  • Tax Annual Amount: 1884.39
  • Assessor Parcel Number: 0004519
  • Tax Lot: X
  • Tax Page Number: 624
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 05/15/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Tap Investments Llc
Bought by
Bela Hospitality 5 Llc
Current Estimated Value
$3,524,536
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
Bela Hospitality 5 Llc $1,300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tap Investments Llc $3,150,000
Previous Owner First Valley Investment Llc $60,000
Previous Owner First Valley Investments Llc $950,000
Previous Owner First Valley Investment Llc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $699,000 0.0% $390 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $699,000 -- $390 / 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 $18,195 $2,842,900 $757,900 $2,085,000
2024 $18,195 $2,842,900 $757,900 $2,085,000
2023 $16,145 $2,690,800 $605,800 $2,085,000
2022 $15,607 $2,690,800 $605,800 $2,085,000
2021 $9,100 $1,318,900 $605,800 $713,100
2020 $993 $155,100 $155,100 $0
2019 $1,141 $178,300 $155,100 $23,200
2018 $1,141 $178,300 $155,100 $23,200
2017 $1,070 $178,300 $155,100 $23,200
2016 $1,070 $178,300 $155,100 $23,200
2015 -- $273,100 $193,800 $79,300
2014 -- $273,100 $193,800 $79,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Guisewhite

    Seller's Agent in 2014

    Jim Guisewhite

    Commercial Specialists

    (540) 325-0573

    6 in this area

    40 Total Sales

    Jim Guisewhite
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Map

Source: Bright MLS

MLS Number: 1003787942

Bright MLS

APN: 045A3-A-010

Virginia Shenandoah County Woodstock 22664

526 W Reservoir Rd, Woodstock, VA

This home is located at 526 W Reservoir Rd, Woodstock, VA 22664 since 20 December 2013 and is currently priced at $3,524,536, approximately $1,966 per square foot. 526 W Reservoir Rd is a home located in Shenandoah County with nearby schools including W.W. Robinson Elementary School, Peter Muhlenberg Middle School, and Central High School.

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