NOT LISTED FOR SALE

534 High Peak Rd Monroe, VA 24574

Estimated Value: $161,000

78.27 Acres
$2,057 Price per Acre
3,409,441 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $570,000 $950 Per Sq Ft

Current estimated payment $846/month

36 Days on Market

Highlights

  • 78.27 Acre Lot
  • Wooded Lot
  • Creek or Stream
  • Mountain View
  • No HOA
  • Partially Fenced Property

About This Lot

As of May 2021

Unique opportunity to purchase an estate quality 78 acre parcel in a very desirable area of the County, along with steady income from 6 rental houses that are one corner of the property. There is pasture and woodland. Harris Creek is one border. There is long frontage on High Peak Rd with board fencing and many possible home sites. Farm currently rented for grazing beef cattle.,Thomas Pettyjohn property

Last Agent to Sell the Property

Joseph Kilgore

(434) 946-5522 mmcoamherst@montaguemiller.com MONTAGUE, MILLER & CO. - AMHERST License #0225039743[891] Listed on: 10/26/2020

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,526

Lot Details

  • 78.27 Acre Lot
  • Creek or Stream
  • Partially Fenced Property
  • Barbed Wire
  • Sloped Lot
  • Wooded Lot
  • Agricultural
  • Property is zoned A-1, Agricultural

Property Views

  • Mountain
  • Park or Greenbelt

Schools

  • Amherst Elementary And Middle School
  • Amherst High School

Utilities

  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,526

Lot Details

78.27 Acres

Listing Details

  • Property Type: Land
  • Current Use: Agriculture, Timber
  • Historic: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 7282.48

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Mountain, Park/Greenbelt
  • Water Body Type: Creek/Stream
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electricity On Property: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: AMHERST
  • High School: AMHERST
  • Middle Or Junior School: AMHERST

Lot Info

  • Additional Parcels Description: Agricultural
  • Fencing: Barbed Wire, Partially
  • Lot Features: Sloping, Trees/Wooded
  • Lot Size Acres: 78.27
  • Possible Use: Agriculture, Investment
  • Remarks Farm: Tenant farmer will stay or leave at closing. Perimeter fenced except one border which is Harris Creek. Current farmer rents both sides of creek so doesn't require fence there.
  • Zoning: A-1
  • Zoning Description: Agricultural

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2526.00
  • Tax Year: 2020

MLS Schools

  • School District Name: AMHERST COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Johnson Ivan W and Johnson Carrie L
Bought by
Carrie L Johnson Revocable Trust and Johnson
Current Estimated Value
$161,000

Purchase Details

Closed on
Jul 23, 2021
Sold by
Johnson Ivan W and Johnson Carrie L
Bought by
Johnson Ivan W and Johnson Carrie L

Purchase Details

Listed on
Oct 26, 2020
Closed on
Apr 29, 2021
Sold by
Pettyjohn Thomas Watts
Bought by
Johnson Ivan W and Johnson Carrie L
Seller's Agent
Joseph Kilgore
MONTAGUE, MILLER & CO. - AMHERST
Buyer's Agent
Default Agent
Default Office
List Price
$590,000
Sold Price
$570,000
Premium/Discount to List
-$20,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.11%
Original Mortgage
$198,000
Interest Rate
3%
Mortgage Type
New Conventional
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
Carrie L Johnson Revocable Trust -- None Listed On Document
Johnson Ivan W -- None Listed On Document
Johnson Ivan W -- None Listed On Document
Johnson Ivan W $570,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Ivan W $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2021 05/06/21 Sold $570,000 0.0% $950 / Sq Ft
05/05/2021 05/05/21 Sold $570,000 -3.4% $134 / Sq Ft View Prior Sale
12/01/2020 12/01/20 Pending -- -- --
12/01/2020 12/01/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $590,000 0.0% $983 / Sq Ft
09/01/2020 09/01/20 For Sale $590,000 -- $138 / Sq Ft
Source: Bright MLS

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
2026 $230 $37,700 $37,700 $0
2025 $361 $59,100 $59,100 $0
2024 $361 $188,300 $188,300 $0
2023 $1,149 $188,300 $188,300 $0
2022 $1,149 $188,300 $188,300 $0
2021 $3,440 $36,700 $0 $36,700
2020 $3,481 $36,700 $0 $36,700
2019 $3,548 $581,600 $385,200 $196,400
2018 $3,548 $581,600 $385,200 $196,400
2017 $2,527 $581,600 $385,200 $196,400
2016 $3,548 $581,600 $385,200 $196,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Kilgore

    Montague Miller And Co.-Amher

    (434) 941-5922

    29 Total Sales

    Joseph Kilgore
    Section Image

  • J

    Buyer's Agent in 2021

    Jim Straebel

    Coldwell Banker Forehand & Co.

    (434) 847-7731

    38 Total Sales

    Jim Straebel
    Section Image

  • D

    Buyer's Agent in 2021

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 610166

Bright MLS

APN: 123-A-41

Virginia Amherst County Monroe 24574

534 High Peak Rd, Monroe, VA

Not Listed for Sale

Lots

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