NOT LISTED FOR SALE

555 Clito Rd Fries, VA 24330

Estimated Value: $148,831

10 Acres
$14,883 Price per Acre
435,600 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $110,000

Est. 35% increase in value since last sale

Current estimated payment $835/month

691 Days on Market

Highlights

  • Home fronts a creek
  • Creek or Stream View
  • Livestock
  • 10 Acre Lot
  • No HOA

About This Lot

As of March 2021

Trout Stream Frontage AND a View in Blue Ridge Mountains. 10 acres with frontage on Elk Creek in stocked trout waters. This is the most beautiful section of Elk Creek with Huge boulders, rushing rapids and trout pools. There is an elevated building site with a fantastic view that has a septic system and power in place. The grading for the home site has also been completed. There are several acres of open land with the balance mainly in hardwoods. This property is a short distance to the New River and a public boat access, the New River Trail and not far from Jefferson National forest and all of the recreational opportunities Grayson County has to provide. If you are looking for a place in the mountains to build your dream cabin, this is it!

Last Agent to Sell the Property

Joan Collins

Collins and Associates Realty License #0225078749 Listed on: 03/14/2019

Last Buyer's Agent

Ginger Circle

River Mountain Realty, LLC License #0225084716

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $671

Lot Details

  • 10 Acre Lot
  • Home fronts a creek
  • The property's road front is unimproved
  • Property fronts a highway
  • Property is zoned RF

Schools

  • Independence Elementary School
  • Fries Middle School
  • Grayson County High School

Utilities

  • Natural Gas Not Available
  • Septic Tank

Additional Features

  • Creek or Stream Views
  • Livestock

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38-A-6 pt of

Property Details

Property Type

Land

Est. Annual Taxes

$671

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 10
  • Lot Size: 10
  • Road Frontage Type: Highway
  • Road Surface Type: Unimproved
  • Subdivision Name: None
  • Directions: From the intersection of 21 and 58 in Independence, take 58 east 2 miles to Riverside Dr. proceed to Carsonville Rd. on left, follow to Clito Rd, on right go approx .5 miles to property on both sides of road.
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: Old Fence Not Usable
  • Lot Features: Livestock Permitted, Waterfront, Views
  • Topography: Mixed
  • View: Creek
  • View: Yes
  • Waterfront Features: Waterfront, Creek
  • Waterfront: Yes
  • Disclosures: None
  • Other Structures: Additional Structures(None)

Utilities

  • Electric: Other-See Remarks
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Fries

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435600
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 671.3
  • Tax Lot: 38-A-6 pt of
  • Tax Map Number: 38-A-6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Mcdowell Gilmore Iii Robinson and Mi Julie
Bought by
Newsom Delana J and Newsom Stephen P
Current Estimated Value
$148,831

Purchase Details

Listed on
Mar 14, 2019
Closed on
Mar 23, 2021
Sold by
Bunning Kenneth R and Bunning Jobeth
Bought by
Gilmore Robinson Mcdowell and Gilmore Julie Michelle
Seller's Agent
Joan Collins
Collins and Associates Realty
Buyer's Agent
Ginger Circle
River Mountain Realty, LLC
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$88,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2013
Sold by
Hollar Rick S
Bought by
Bunning Kenneth R
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
Newsom Delana J $133,000 Appalachian Title
Gilmore Robinson Mcdowell $110,000 Attorney
Bunning Kenneth R $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilmore Robinson Mcdowell $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $110,000 -12.0% --
02/04/2021 02/04/21 Pending -- -- --
03/15/2019 03/15/19 For Sale $125,000 -- --
Source: Southwest Virginia 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
2024 $555 $102,800 $97,000 $5,800
2023 $555 $102,800 $97,000 $5,800
2022 $572 $102,800 $97,000 $5,800
2021 $572 $137,000 $137,000 $0
2020 $795 $137,000 $137,000 $0
2019 $671 $137,000 $137,000 $0
2018 $671 $137,000 $137,000 $0
2017 $671 $137,000 $137,000 $0
2016 -- $137,000 $137,000 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 68492

APN: 38 - A- - 6