NOT LISTED FOR SALE

687 Chestnut Grove Ln Lancaster, VA 22503

Estimated Value: $162,000 - $381,000

55.6 Acres
$4,760 Price per Acre
2,421,936 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $110,000

Est. 141% increase in value since last sale

Current estimated payment $1,471/month

27 Days on Market

Highlights

  • 55.6 Acre Lot
  • No HOA
  • Home fronts a stream
  • Wooded Lot
  • Timber
  • Gentle Sloping Lot

About This Lot

As of March 2022

55 ACRES OF PLANTED PINES WITH NO RESTRICTIONS! PINES ARE APPROXIMATELY 5 YEARS OLD - GREAT INVESTMENT FOR HUNTING OR EXTREMELY PRIVATE HOME SITE - STREAM ON THE BACKSIDE OF THE PROPERTY - TONS OF NATURE AND WILDLIFE - PROPERTY IS ONLY 15 MINUTES FROM THE TOWN OF KILMARNOCK.

Last Agent to Sell the Property

Kevin Kuykendall

Middle Bay Realty - B License #0225059867 Listed on: 01/06/2022

Last Buyer's Agent

Kevin Kuykendall

Middle Bay Realty - B License #0225059867 Listed on: 01/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $880

Lot Details

  • 55.6 Acre Lot
  • Home fronts a stream
  • Property fronts a highway
  • Gentle Sloping Lot
  • Wooded Lot
  • Zoning described as A-1

Farming

  • Timber

Community Details

  • No Home Owners Association
  • Browns Store Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9-17

Property Details

Property Type

Land

Est. Annual Taxes

$880

Lot Details

0

Listing Details

  • Property Sub Type: Non-Waterfront Land
  • Prop. Type: Land
  • Lot Size Acres: 55.6
  • Road Frontage Type: Public Highway
  • Water Body Name: None
  • Subdivision Name: Browns Store
  • Directions: From Lancaster County Courthouse take Courthouse Road to a right onto 615 (Beanes Road) then the next right onto Chestnut Grove Lane see sign on the left
  • Special Features: None

Interior Features

  • Possible Use: Timber, Recreational, Residential

Exterior Features

  • Lot Features: Timber/Pulp, Wooded, 50+ acres
  • Topography: Gently Rolling
  • Waterfront Features: Stream/Creek
  • Other Structures: None

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2421936
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 2006-0003941
  • Tax Map Number: 9-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Clifton Saul
Bought by
Saul Velda
Current Estimated Value
$264,653
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
Saul Velda -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $110,000 0.0% --
02/02/2022 02/02/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $110,000 -- --
Source: Northern Neck 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 $880 $160,000 $47,000 $113,000
2023 $565 $89,700 $47,000 $42,700
2022 $565 $89,700 $47,000 $42,700
2021 $512 $89,700 $47,000 $42,700
2020 $565 $89,700 $47,000 $42,700
2019 $565 $89,700 $47,000 $42,700
2018 $559 $94,800 $48,400 $46,400
2017 $559 $94,800 $48,400 $46,400
2016 -- $94,800 $48,400 $46,400
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Neck Association of REALTORS®

MLS Number: 111472

APN: 9-50A