NOT LISTED FOR SALE

Estimated Value: $44,000 - $351,000

1 Acre
$175,453 Price per Acre
43,560 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $40,000 $26 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $853/month

20 Days on Market

About This Lot

As of May 2022

The perfect opportunity to restore a classic Virginia farm house to its beauty of yesteryear. The existing home sits on 1 acre with so much potential! Whether you decide to restore this classic or remove it, the home site is there and waiting for your new design! There is an existing well and septic; however, the current owner has no knowledge of ages or conditions and offers no warranties. Land and house are sold "as-is." Adjoining lot to the left is also listed for $20,000 and offers an additional 2 acres of land (MLS# 627424). USE EXTREME CAUTION IF YOU DECIDE TO ENTER THE EXISTING HOME. Owner and Agent assume no liability for persons entering this property (land and/or home).

Last Agent to Sell the Property

Gavin Sherwood

YES REALTY PARTNERS License #0225220316 Listed on: 03/10/2022

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $725

Lot Details

  • 1 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-1 Residential

Schools

  • Yancey Elementary School
  • Walton Middle School
  • Monticello High School

Utilities

  • Cable TV Available

Community Details

  • Ridgeway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 128A1-00-00-02400

Property Details

Property Type

Land

Est. Annual Taxes

$725

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Built to Suit Residential
  • L V T Date: 03/10/2022
  • Parcel Number: 128A1-00-00-02400
  • Price Per Sq Ft: 40000
  • Zoning: R-1 Residential
  • Best Use: Investment, Residential
  • Subdivision: RIDGEWAY
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Partly Cleared, Partly Wooded

Exterior Features

  • Number Of Acres: 1
  • View: Residential View, Wooded View

Utilities

  • Cable Available: Cable

Schools

  • Elementary School: Yancey
  • Middle School: Walton
  • High School: Monticello

Tax Info

  • Year: 2022
  • Taxes: 725

MLS Schools

  • HighSchool: Monticello
  • Middle School: Walton
  • Elementary School: Yancey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Porter Brothers Inc
Bought by
Dollar Store Llc
Current Estimated Value
$150,722

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 2, 2022
Sold by
Moshav Llc
Bought by
Porters Brothers Llc
Seller's Agent
Gavin Sherwood
YES REALTY PARTNERS
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.80%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Wren Jonathan T
Bought by
Moshav Llc
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
Dollar Store Llc -- None Listed On Document
Porters Brothers Llc $40,000 Chicago Title
Moshav Llc $68,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $40,000 -11.1% $26 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $45,000 -- $29 / 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 -- $33,200 $15,000 $18,200
2024 -- $34,400 $15,000 $19,400
2023 $331 $38,700 $15,000 $23,700
2022 $725 $84,900 $30,000 $54,900
2021 $638 $74,700 $30,000 $44,700
2020 $603 $70,600 $22,500 $48,100
2019 $585 $68,500 $22,500 $46,000
2018 $217 $66,400 $22,500 $43,900
2017 $435 $51,800 $19,700 $32,100
2016 $487 $58,100 $26,300 $31,800
2015 $240 $58,500 $26,300 $32,200
2014 -- $57,500 $26,300 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 627423

Charlottesville area Association of Realtors®

APN: 128A1-00-00-02400