NOT LISTED FOR SALE

7762 Arrowhead Rd Pound, VA 24279

Estimated Value: $86,000 - $120,228

71 Acres
$1,417 Price per Acre
3,105,828 Sq Ft Lot

Last Sold September 02, 2022

Last sale price $80,000

Est. 26% increase in value since last sale

Current estimated payment $596/month

60 Days on Market

Highlights

  • Pond View
  • Mountainous Lot
  • Pasture
  • 71.3 Acre Lot
  • Farm
  • Lot Has A Rolling Slope

About This Lot

As of September 2022

71.30 acres of homesite, farmland with nice pond, mountain land. There is an old house, garage, and shed on the property. A small stream runs along the road. This is a beautiful piece of land around the home and extending up the mountain. Property is a short distance from the public boat launch and North Fork Pound Lake. There is an active surface mine operation on top of the mountain. The back side of this property crosses the mine operation.

Last Agent to Sell the Property

Brenda Hill

Appalachian Realty Executives, LLC License #0225080332,310750 Listed on: 06/15/2022

Appalachian Realty Executives, LLC

Last Buyer's Agent

Corinne Leggett

BHHS Dean-Smith Realty License #241643

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $458

Lot Details

  • 71.3 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Property is in average condition

Property Views

  • Pond
  • Pasture
  • Mountain

Schools

  • J.W. Adams Elementary And Middle School
  • Central High School

Farming

  • Farm
  • Pasture
  • Livestock

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 003065

Property Details

Property Type

Land

Est. Annual Taxes

$458

Lot Details

0

Listing Details

  • Directions: From Wise to Pound on Orby Cantrell Hwy (US HWY 23), turn left onto South Fork Rd. Turn Left onto Arrowhead Rd. Sign in front.
  • Prop. Type: Land
  • Road Surface Type: Gravel
  • Road Frontage Type: Private Road
  • Subdivision Name: Not In Subdivision
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 003065
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 71.3
  • General Property Description Zoning2: RESIDENTIAL
  • General Property Description Elementary School3: J.W. Adams
  • General Property Description Middle School2: J.W. Adams
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Home Warranty: No
  • View Mountain(s): Yes
  • Utilities Electricity Available: Yes
  • ViewPond: Yes
  • Lot Features Pasture4: Yes
  • Permitted Livestock: Yes
  • Property Condition Average: Yes
  • Lot Features Rolling Slope2: Yes
  • Other Features Pasture5: Yes
  • View Pasture6: Yes
  • Land Type Farm: Yes
  • Lot Features Mountainous2: Yes
  • Lot Features Sloped2: Yes
  • Road Access Private Road: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Mountainous, Pasture, Rolling Slope, Sloped, See Remarks
  • View: Mountain(s), Pasture, Pond
  • Acres: 71.3
  • Home Warranty: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: J.W. Adams
  • High School: Central (Wise, Va)
  • Middle Or Junior School: J.W. Adams

Lot Info

  • Zoning: RESIDENTIAL
  • Lot Dimensions: 71.30 ACRES
  • Lot Size Sq Ft: 3105828.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 003065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 15, 2022
Sold by
Chambers Kenneth Ray
Bought by
Chambers Kenneth Ray and Chambers Lisa Louise
Seller's Agent
Brenda Hill
Appalachian Realty Executives, LLC
Buyer's Agent
Corinne Leggett
BHHS Dean-Smith Realty
List Price
$92,500
Sold Price
$80,000
Premium/Discount to List
-$12,500
-13.51%
Current Estimated Value
$101,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,057
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 31, 2022
Sold by
Michael Krawchuk Patrick and Michael Mary
Bought by
Chambers Kenneth Ray
Seller's Agent
Brenda Hill
Appalachian Realty Executives, LLC
Buyer's Agent
Corinne Leggett
BHHS Dean-Smith Realty
List Price
$92,500
Sold Price
$80,000
Premium/Discount to List
-$12,500
-13.51%
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
Chambers Kenneth Ray -- None Listed On Document
Chambers Kenneth Ray $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $80,000 -13.5% --
08/15/2022 08/15/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $92,500 -- --
Source: Tennessee/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 $458 $66,400 $40,200 $26,200
2023 $458 $66,400 $40,200 $26,200
2022 $458 $66,400 $40,200 $26,200
2021 $455 $65,900 $40,200 $25,700
2020 $455 $65,900 $40,200 $25,700
2019 $455 $65,900 $40,200 $25,700
2018 $409 $65,900 $40,200 $25,700
2017 $395 $65,900 $40,200 $25,700
2016 $395 $65,900 $40,200 $25,700
2015 -- $65,900 $40,200 $25,700
2010 -- $74,100 $46,200 $27,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9939328

Tennessee/Virginia Regional MLS

APN: R003065