NOT LISTED FOR SALE

9522 Forest Rd Goode, VA 24556

Estimated Value: $83,340

1 Acre
$83,340 Price per Acre
43,560 Sq Ft Lot

Last Sold May 04, 2018

Last sale price $28,000 $1 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $461/month

About This Lot

As of May 2018

This property could be converted to a single family lot inexpensively. It already has a concrete pad where the diner is and a existing well. Rachel's Inn is approved for a grandfathered use permit and could be restored to a 25 seat short order diner. Level 1 acre parcel with 377 ft of road frontage on highly trafficked Forest Road, half way between Forest and Bedford Township. Over 21,000 vehicles drive by daily to see your business! Within 1/2 mile find Goode Station; hundreds of residences within 3mi and just over 5mi. sits the heart of Forest, one of the fastest growing cities per capita in VA. The 1854 sf block building does need extensive cosmetic renovations; however well, septic and electric are all approved and in place. Not a short order cook? No problem - due to various zoning options, exponential opportunities on this one of a kind property exist. Too many to name, for a complete list, call agent.

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 04/16/2018

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 04/16/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $175

Lot Details

  • 1 Acre Lot
  • Property is zoned AV

Schools

  • Otter River Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 114-A-75

Property Details

Property Type

Land

Est. Annual Taxes

$175

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • BuildingOnProperty: Other
  • Directions: From Lynchburg, take Route 221 towards Forest. Remain on Forest Road until just before Goode Station Rd and property is on the right. Can't miss it!
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Mobiles Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 114-A-75
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Boyles BR
  • Middle School2: Forest Midl
  • Reciprocal Listing: No

Exterior Features

  • Topography: Est 1 Bldg Site,Mostly Level

Utilities

  • Utilities: ElectricityAvailable, Telephone

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: Otter River Elem
  • School District: Bedford

Lot Info

  • Best Use: Current Existing, Limited Residential
  • Zoning: AV

Tax Info

  • Estimated Taxes: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Rvhg Llc
Bought by
Cranford Daniel James
Current Estimated Value
$83,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$54,661
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$28,679

Purchase Details

Listed on
Apr 16, 2018
Closed on
Apr 26, 2018
Sold by
Newcomb Wayne and Wayne Newcomb Jr Llc D Dissolv
Bought by
Rvhg Llc A Virginia Limited Liability Co
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$40,000
Sold Price
$28,000
Premium/Discount to List
-$12,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Southerlnd Andrea
Bought by
Wayne Newcomb Jr 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
Cranford Daniel James $80,000 None Listed On Document
Rvhg Llc A Virginia Limited Liability Co $28,000 Attorney
Wayne Newcomb Jr Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cranford Daniel James $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $28,000 -30.0% $1 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $40,000 -- $1 / 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 $226 $55,000 $55,000 $0
2024 $226 $55,000 $55,000 $0
2023 $226 $27,500 $0 $0
2022 $180 $18,000 $0 $0
2021 $180 $36,000 $35,000 $1,000
2020 $180 $36,000 $35,000 $1,000
2019 $180 $36,000 $35,000 $1,000
2018 $187 $36,000 $35,000 $1,000
2017 $187 $36,000 $35,000 $1,000
2016 $187 $36,000 $35,000 $1,000
2015 $187 $36,000 $35,000 $1,000
2014 $182 $35,000 $30,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 311222

APN: 114-A-75