NOT LISTED FOR SALE

605 Tip Ln Brookneal, VA 24528

Estimated Value: $660,460

106.84 Acres
$6,182 Price per Acre
4,653,950 Sq Ft Lot

Last Sold November 04, 2013

Last sale price $260,000 $0 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,700/month

495 Days on Market

Highlights

  • 106.84 Acre Lot
  • Feed Barn
  • Poultry Coop
  • Hay Storage
  • Shed

About This Lot

As of November 2013

Really nice working farm, 60 to 70 acres open, fenced & cross fenced, ample water. Many barns, hay storage building, stable, machine sheds and storage buildings. House was built in at least 3 stages, 1860, 1880 and 1900's with recent upgrades. Very private, located at the end of state road. This is not a drive by. Please call agent to view. United Country Home Warranty.

Last Agent to Sell the Property

Sonny Tolley

RE/MAX Realty Connection Listed on: 06/20/2012

RE/MAX Realty Connection

Last Buyer's Agent

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $573

Lot Details

  • 106.84 Acre Lot
  • Poultry Coop
  • Property is zoned A-1

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Well
  • Septic System
  • Phone Available

Additional Features

  • Shed
  • Feed Barn
  • Hay Storage

Listing and Financial Details

  • Assessor Parcel Number 78A8

Property Details

Property Type

Land

Est. Annual Taxes

$573

Lot Details

0

Listing Details

  • FILLACRES: 106.8400
  • BuildingOnProperty: Barn, Chicken House, Feed Barn, Hay Shed, Tractor Shed
  • Directions: From Lynchburg 501S to Rustburg, 24E to right on Red House Rd to right on Morris Church to right on Tip Lane. From Appomattox 727S to right on 615 to left on Sugar Hill to right on Hact Creek to right on Morris Church to left on Tip Lane.
  • ElementarySchool4: Brookneal Elem
  • HighSchool4: William Campbell-HS
  • Lot Measurement: Acres
  • Lot Sq Ft: 4653950.00
  • MiddleSchool4: William Campbell-Mdl
  • Days On Market: No
  • Property Subtype1: Farm
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Mobiles Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 78A8
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rt of Way 50-59 Feet
  • Basement Bathrooms: 3.00
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: 110002926
  • Reciprocal Listing: No

Exterior Features

  • Topography: Est 2-5 Bldg Sites,Level to Steep

Utilities

  • Utilities: ElectricityAvailable, Septic System, Telephone, Well Exists

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Best Use: Current Existing, Farming / Livestock
  • Current Use: Farm
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 31, 2013
Sold by
Kent Donald W
Bought by
Jewelry People 401K and Debra Gagon Trustee
Seller's Agent
Sonny Tolley
RE/MAX Realty Connection
Buyer's Agent
Wendy Reddy
Reddy Real Estate, Inc.
List Price
$364,900
Sold Price
$260,000
Premium/Discount to List
-$104,900
-28.75%
Current Estimated Value
$660,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,460
Avg. Annual Appreciation
6.21%
Source: Public Records

Range of Values:

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Average Value
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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
Jewelry People 401K $260,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $260,000 -28.7% $0 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
06/20/2012 06/20/12 For Sale $364,900 -- $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 $1,292 $287,100 $200,200 $86,900
2024 $1,292 $287,100 $200,200 $86,900
2023 $660 $287,100 $200,200 $86,900
2022 $711 $254,500 $159,100 $95,400
2021 $1,252 $254,500 $159,100 $95,400
2020 $711 $254,200 $191,600 $62,600
2019 $783 $254,500 $159,100 $95,400
2018 $571 $254,200 $191,600 $62,600
2017 $571 $254,200 $191,600 $62,600
2016 $571 $254,200 $191,600 $62,600
2015 -- $254,200 $191,600 $62,600
2014 -- $252,400 $191,600 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 273322

APN: 78-A-8