NOT LISTED FOR SALE

5416 Covered Bridge Rd Gladys, VA 24554

Estimated Value: $110,261 - $147,000

40.11 Acres
$3,207 Price per Acre
1,747,192 Sq Ft Lot

Last Sold August 19, 2019

Last sale price $55,000 $0 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $723/month

196 Days on Market

About This Lot

As of August 2019

Great location & perfect property to hunt, play or build your dream home! New Survey

Last Agent to Sell the Property

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 01/11/2019

Last Buyer's Agent

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 01/11/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $486

Lot Details

  • 40.11 Acre Lot

Schools

  • Brookneal Elementary School
  • William Campbell-Mdl Middle School
  • William Campbell-Hs High School

Property Details

Property Type

Land

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • FILLACRES: 40.1100
  • BuildingOnProperty: Other
  • ElementarySchool4: Brookneal Elem
  • HighSchool4: William Campbell-HS
  • Lot Measurement: Acres
  • Lot Sq Ft: 1747192.00
  • MiddleSchool4: William Campbell-Mdl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: None
  • OFFICELIST_STATE: VA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rt of Way < 40 Feet
  • Broker Approved: Yes
  • Legal Description: Staunton River
  • Reciprocal Listing: No

Exterior Features

  • Topography: Level to Rolling

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Best Use: Dvlp to Residential, Farming / Livestock, Investment, Recreational

Tax Info

  • Estimated Taxes: 486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Mayhew Cynthia B and Bell Bennett R
Bought by
Mcdonough Lawrence V and Randolph Albert T
Current Estimated Value
$128,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,375
Outstanding Balance
$34,238
Interest Rate
3.95%
Mortgage Type
Unknown
Estimated Equity
$155,762
Source: Public Records

Range of Values:

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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
Mcdonough Lawrence V $47,500 Titleworks&Closing Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonough Lawrence V $40,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $55,000 -26.6% $0 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $74,900 -- $0 / Sq Ft
Source: Lynchburg Association of 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 $532 $118,300 $113,000 $5,300
2024 $531 $118,000 $113,000 $5,000
2023 $531 $118,000 $113,000 $5,000
2022 $457 $87,900 $82,900 $5,000
2021 $457 $87,900 $82,900 $5,000
2020 $457 $87,900 $82,900 $5,000
2019 $457 $87,900 $82,900 $5,000
2018 $478 $91,900 $78,900 $13,000
2017 $486 $93,400 $80,400 $13,000
2016 $486 $93,400 $80,400 $13,000
2015 -- $93,400 $80,400 $13,000
2014 -- $93,400 $80,400 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 316193

APN: 0870-0A000-030-0