C
Seller's Agent in 2024
Cornell Mason
Piedmont Real Estate
8446 Wards Rd Unit 6 Rustburg, VA 24588
29
Acres
$26,414
Price per Acre
1,278,050
Sq Ft Lot
About This Lot
As of September 2024This is the IDEAL LOCATION for a Shopping Center, Retail Store, Grocery Store, Hotel or any type of Business on the highly traveled highway offering over 700' of road frontage. Located just minutes from the Lynchburg Municipal Airport on Hwy 29S in this Rapidly Developing community of Yellow Branch midway between Lynchburg & Altavista. A 500 Unit Townhome project has already broke ground in the area to support your new business. Other businesses are in the process of going up as well. Now is the time to buy in the area - Call today to Claim this Valuable property.
Last Agent to Sell the Property
Piedmont Real Estate Brokerage Phone: 4343940005 License #0225229696 Listed on: 12/15/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,820
Lot Details
- 29.34 Acre Lot
- Level Lot
Parking
- Driveway
- Open Parking
Utilities
- Well
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2023
Closed on
Aug 30, 2024
Sold by
Viers Kiser A
Bought by
Jc Land & Timber Llc
Seller's Agent
Cornell Mason
Piedmont Real Estate
Buyer's Agent
Charlie Watts
Watts Auction, Realty & Appraisals
List Price
$900,000
Sold Price
$775,000
Premium/Discount to List
-$125,000
-13.89%
Total Days on Market
202
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,663
Avg. Annual Appreciation
1.45%
Original Mortgage
$600,000
Outstanding Balance
$594,732
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$190,517
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $775,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Credit Line Revolving | |
| Previous Owner | $60,245 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $775,000 | -13.9% | -- |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- |
| 12/15/2023 12/15/23 | For Sale | $900,000 | -- | -- |
Source: South Central Association of REALTORS®
Tax History Compared to Growth
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 | $2,820 | $626,700 | $621,700 | $5,000 |
| 2024 | $2,820 | $626,700 | $621,700 | $5,000 |
| 2023 | $168 | $626,700 | $621,700 | $5,000 |
| 2022 | $2,965 | $570,200 | $565,200 | $5,000 |
| 2021 | $2,965 | $570,200 | $565,200 | $5,000 |
| 2020 | $182 | $570,200 | $565,200 | $5,000 |
| 2019 | $182 | $570,200 | $565,200 | $5,000 |
| 2018 | $180 | $570,200 | $565,200 | $5,000 |
| 2017 | $180 | $570,200 | $565,200 | $5,000 |
| 2016 | $180 | $570,200 | $565,200 | $5,000 |
| 2015 | -- | $570,200 | $565,200 | $5,000 |
| 2014 | -- | $759,500 | $754,500 | $5,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2024
Charlie Watts
Watts Auction, Realty & Appraisals
Map
Source: South Central Association of REALTORS®
MLS Number: 52152
APN: 43-2-6
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