$50,000
SOLD FEB 13, 2025

62 Wells Ln Faber, VA 22938

1 Acre
$50,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

23% Below List Price

602 Days on Market

About This Lot

As of February 2025

Great building lot/ house in disrepair, existing well and septic

Last Agent to Sell the Property

GREG BALDWIN

CORE REAL ESTATE PARTNERS LLC License #0225205933 Listed on: 05/11/2023

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 1 Acre Lot
  • Property is zoned RA Rural Area

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • No Septic System
  • Fiber Optics Available

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Building Lots
  • L V T Date: 05/11/2023
  • Price Per Sq Ft: 50000
  • Zoning: RA Rural Area
  • Best Use: Investment, Residential
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 1

Utilities

  • Cable Available: Fiber-Optic
  • Sewer/Septic System: No Sewer/Septic

Schools

  • Elementary School: Rockfish
  • Middle School: Nelson
  • High School: Nelson

Tax Info

  • Year: 2022
  • Taxes: 500

MLS Schools

  • HighSchool: Nelson
  • Middle School: Nelson
  • Elementary School: Rockfish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jan 15, 2025
Sold by
Cb Investments Llc
Bought by
Zavala Santos Saray and Corde Ocampo Victor
Seller's Agent
GREG BALDWIN
CORE REAL ESTATE PARTNERS LLC
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Views
403
Current Estimated Value
$125,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,793
Avg. Annual Appreciation
456.80%

Purchase Details

Closed on
Aug 1, 2022
Sold by
Goad Robert C
Bought by
Cb Investments Llc

Purchase Details

Closed on
Sep 2, 2014
Sold by
Vest Alice W and Wells Andrew D
Bought by
Wells Keith A and Wells Nikol M
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 Type Sale Price Title Company
Bargain Sale Deed $50,000 Chicago Title
Commissioners Deed $23,500 --
Gift Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $50,000 -16.7% $23 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/11/2024 12/11/24 Price Changed $60,000 +20.0% $28 / Sq Ft
09/30/2024 09/30/24 Price Changed $50,000 -16.7% $23 / Sq Ft
03/03/2024 03/03/24 Price Changed $60,000 -7.7% $28 / Sq Ft
05/11/2023 05/11/23 For Sale $65,000 -- $30 / Sq Ft
Source: Charlottesville area 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 $528 $81,300 $22,800 $58,500
2024 $528 $81,300 $22,800 $58,500
2023 $497 $76,500 $18,000 $58,500
2022 $497 $76,500 $18,000 $58,500
2021 $451 $62,700 $16,000 $46,700
2020 $451 $62,700 $16,000 $46,700
2019 $451 $62,700 $16,000 $46,700
2018 $451 $62,700 $16,000 $46,700
2017 $418 $58,100 $16,000 $42,100
2016 $418 $58,100 $16,000 $42,100
2015 $418 $58,100 $16,000 $42,100
2014 $418 $58,100 $16,000 $42,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    GREG BALDWIN

    CORE REAL ESTATE PARTNERS LLC

    (434) 989-1932

    37 Total Sales

    GREG BALDWIN
    Section Image

  • U

    Buyer's Agent in 2025

    Unrepresented Buyer

    UnrepresentedBuyer

    (434) 260-1045

    1,180 Total Sales

    Unrepresented Buyer
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 641558

Charlottesville area Association of Realtors®

APN: 35-2-A1

Virginia Nelson County Faber 22938

62 Wells Ln, Faber, VA

This home is located at 62 Wells Ln, Faber, VA 22938 and is currently priced at $50,000, approximately $23 per square foot. 62 Wells Ln is a home located in Nelson County with nearby schools including Nelson County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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