NOT LISTED FOR SALE

771 Gully Tavern Rd Rice, VA 23966

Estimated Value: $224,000 - $239,000

15.8 Acres
$14,652 Price per Acre
688,248 Sq Ft Lot

Last Sold August 25, 2020

Last sale price $56,900

Est. 307% increase in value since last sale

Current estimated payment $1,264/month

4 Days on Market

About This Lot

As of August 2020

Location, Location, Location! A short and easy commute to Farmville for all of your shopping and dining needs as well as Longwood University and Central Southside Hospital. High Bridge Trail is almost your neighbor for your walking, bicycle and horseback riding fun. Land has a creek as the back border and loads of road frontage. The existing trailer and improvements are sold strictly "AS IS". There is not a recorded plat but the boundaries of the larger tract are easily delineable. There is a 2 1/2 acre parcel included in the legal description just down the road that is all wooded and is reported to have a right of way to it. This property is priced for a quick sale and will make a perfect site for your new home, a recreation property for you and your family or an investment.

Last Agent to Sell the Property

Ronald Sandlin

RE/MAX Advantage Plus License #0225044530 Listed on: 07/23/2020

RE/MAX Advantage Plus

Last Buyer's Agent

Rebecca Simpson

RE/MAX Advantage Plus License #0225077757

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Lot Details

  • 15.8 Acre Lot
  • Zoning described as AG

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 041-A-11

Property Details

Property Type

Land

Est. Annual Taxes

$289

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 15.8
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Satellite Internet Available, Electricity Available

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 041-A-11
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 289.0

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
White William T and White Regina S
Bought by
Bowman Joel J
Current Estimated Value
$231,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2022
Sold by
White William T and White Regina S
Bought by
Arboe Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,474
Interest Rate
3.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bowman Joel J $299,900 Fidelity National Title
Arboe Thomas $238,000 Elder Watkins & Friedman Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Turman Marlo $241,500
Closed Bowman Joel J $299,900
Previous Owner Arboe Thomas $243,474
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $56,900 0.0% --
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $56,900 -- --
Source: Central Virginia Regional MLS

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 $32 $6,300 $6,300 $0
2023 $30 $6,300 $6,300 $0
2022 $282 $58,700 $54,000 $4,700
2021 $282 $58,700 $54,000 $4,700
2020 $289 $56,700 $52,000 $4,700
2019 $289 $56,700 $52,000 $4,700
2018 $289 $56,700 $52,000 $4,700
2017 $289 $56,700 $52,000 $4,700
2016 $289 $56,700 $52,000 $4,700
2015 $278 $56,700 $52,000 $4,700
2014 $215 $45,800 $41,600 $4,200
2013 $192 $45,800 $41,600 $4,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ronald Sandlin

    RE/MAX

    Section Image
  • Rebecca Simpson

    Buyer's Agent in 2020

    Rebecca Simpson

    RE/MAX

    (434) 547-7263

    13 in this area

    230 Total Sales

    Rebecca Simpson
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2022210

Central Virginia Regional MLS

APN: 041-A-11

Virginia Prince Edward County Rice 23966

771 Gully Tavern Rd, Rice, VA

This home is located at 771 Gully Tavern Rd, Rice, VA 23966 since 23 July 2020 and is currently estimated at $231,500. 771 Gully Tavern Rd is a home located in Prince Edward County with nearby schools including Prince Edward Elementary School, Prince Edward Middle School, and Prince Edward 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes