NOT LISTED FOR SALE

793 Coffeytown Rd Vesuvius, VA 24483

Estimated Value: $362,000 - $654,000

121.02 Acres
$4,481 Price per Acre
5,271,631 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $565,000 $413 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,905/month

20 Days on Market

About This Lot

As of April 2024

A rare find! Offered for the first time in over 100 Years. This 121 acre parcel is located in the valley of the Blue Ridge Mountains and boasts gently rolling to steep terrain and spectacular mountain views. It is currently being used for cattle farming but is also perfect for recreational and equestrian use with trails adjoining the national forest. It has 75 acres of open pasture, regrowth hardwoods, and two streams. All structures on the property are being sold as is. There is a deeded ingress/egress to a large spring adjoining the property. ( please read agent comments)

Last Agent to Sell the Property

John Cardwell

Reddy Real Estate, Inc. License #0225220862 Listed on: 02/02/2024

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,530

Lot Details

  • 121.02 Acre Lot
  • Property is zoned A1

Schools

  • Temperance Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Farming

  • Barn

Utilities

  • No Utilities
  • Well
  • Septic System

Community Details

  • N Of Oronco Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 16-A-11

Property Details

Property Type

Land

Est. Annual Taxes

$2,530

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn, House
  • Directions: Rt 29 N to Rt60 W; 24.5 Miles; Left on Rt 634; 1.38 Miles to property; property has sign
  • Internet Providers: Satellite
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: None
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Subdivision Name: N OF ORONCO
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: State Maintained Rd, U.S. Highway
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 2000.00
  • Topography: Gently rolling to steep

Utilities

  • Utilities: ElectricityAvailable, No Soil Work Done, No Utilities, Septic System, Well Exists
  • Utility Electric: American Electric

Schools

  • Elementary School: Temperance Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • Junior High Dist: Amherst

Lot Info

  • Best Use: Current Existing, Dvlp to Residential, Farming / Livestock
  • Current Use: Agricultural, Cattle, Farm, Grazing, Hunting, Investment, Livestock, Mixed Use, Pasture, Plantable, Recreational, Unimproved, Vacant
  • Zoning: A1
  • Acres: 121.0200
  • Lot Size Sq Ft: 5271631.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16-A-11
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 2530

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 28, 2024
Sold by
Grant Steven R and Kirstein Sidney H
Bought by
Stuart James M and Stuart Christie H
Seller's Agent
John Cardwell
Reddy Real Estate, Inc.
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$495,000
Sold Price
$565,000
Premium/Discount to List
$70,000
14.14%
Views
57
Current Estimated Value
$542,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,673
Avg. Annual Appreciation
-2.38%
Original Mortgage
$565,000
Outstanding Balance
$556,380
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$14,053
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stuart James M $565,000 Absolute Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuart James M $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $565,000 +14.1% $413 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $495,000 -- $362 / Sq Ft
Source: Lynchburg 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 $623 $102,200 $88,000 $14,200
2024 $623 $414,300 $400,100 $14,200
2023 $2,527 $414,300 $400,100 $14,200
2022 $2,527 $414,300 $400,100 $14,200
2021 $2,527 $414,300 $400,100 $14,200
2020 $2,527 $414,300 $400,100 $14,200
2019 $2,156 $353,500 $340,500 $13,000
2018 $2,156 $353,500 $340,500 $13,000
2017 $619 $353,500 $340,500 $13,000
2016 $2,156 $353,500 $340,500 $13,000
2015 $568 $353,500 $340,500 $13,000
2014 $568 $353,500 $340,500 $13,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Cardwell

    Reddy Real Estate, Inc.

    (434) 664-5641

    10 Total Sales

    John Cardwell
    Section Image
  • Meredith Ford

    Buyer's Agent in 2024

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    2,771 Total Sales

    Meredith Ford
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350309

APN: 16-A-11

Virginia Amherst County 24483

793 Coffeytown Rd, VA

Not Listed for Sale

Lots

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