NOT LISTED FOR SALE

Lot 2 Pine Trail Lovingston, VA 22949

Estimated Value: $194,000 - $366,000

5.77 Acres
$48,527 Price per Acre
251,341 Sq Ft Lot

Sale Details

Date Sold: October 6, 2023

Last sale price $80,000

Est. 250% increase in value since last sale

Current estimated payment $1,521 / mo

363 Days on Market

Highlights

  • Mountain View
  • Timber
  • Elevated Lot
  • Wooded Lot

About This Lot

As of October 2023

Tucked away along a historic byway, and overlooking an small agricultural valley, Lot 2 is the largest of 4 lots offered for sale. Each lot is defined by red paint blazes on trees. Lot 2 has a driveway installed with a graveled base, and has been perked. Your new homesite is located on a ridge running north to south, and has an eastern exposure. Each parcel offers lovely building sites with underground electric easements in place. Electric easements run generally along the top of the ridge and are marked with blue and green flagging. Red paint marks property boundaries. With careful planning and select tree removal, privacy can be maintained while opening views toward the valley below and mountains beyond. Pine Trail a is graveled state road that is lightly populated. Firefly fiber internet is available (please confirm with Firefly!). Neighbors include a picturesque valley vineyard. Note: No C&R's but deed restricted against single and doublewide mobile homes

Last Agent to Sell the Property

CHARLIE WINEBERG

MOUNTAIN AREA NEST REALTY License #0225031992 Listed on: 09/09/2022

Last Buyer's Agent

Chastity Morgan

MOUNTAIN AREA NEST REALTY License #0225044902

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $316

Lot Details

  • 5.77 Acre Lot
  • Elevated Lot
  • Wooded Lot
  • Property is zoned A-1 Agricultural

Parking

  • Driveway

Schools

  • Rockfish Elementary School
  • Nelson Middle School
  • Nelson High School

Utilities

  • Underground Utilities
  • No Septic System
  • Fiber Optics Available

Additional Features

  • Mountain Views
  • Timber

Listing and Financial Details

  • Assessor Parcel Number 45-7-2

Property Details

Property Type

Land

Est. Annual Taxes

$316

Lot Details

5.77 Acres

Listing Details

  • Class: LAND
  • Property Type: Building Lots
  • L V T Date: 09/09/2022
  • Parcel Number: 45-7-2
  • Price Per Sq Ft: 13864.82
  • Zoning: A-1 Agricultural
  • Best Use: Investment, Residential, Vacation Site
  • Current Use: Vacant
  • Road Street: Gravel, Public Rd
  • Timber: Hardwood
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Elevated, Wooded

Exterior Features

  • Number Of Acres: 5.77
  • View: Mountain View, Wooded View

Garage/Parking

  • Driveway: Yes

Utilities

  • Cable Available: Fiber-Optic
  • Sewer/Septic System: No Sewer/Septic
  • Electric: Easements Granted, Underground

Lot Info

  • Lot Number: 2

Tax Info

  • Year: 2022
  • Taxes: 315.9

MLS Schools

  • HighSchool: Nelson
  • Middle School: Nelson
  • Elementary School: Rockfish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Sep 26, 2023
Sold by
Thomas David L
Bought by
Burton Kathryn R
Seller's Agent
CHARLIE WINEBERG
MOUNTAIN AREA NEST REALTY
Buyer's Agent
Chastity Morgan
MOUNTAIN AREA NEST REALTY
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Views
110
Current Estimated Value
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,000
Avg. Annual Appreciation
64.40%
Original Mortgage
$64,000
Outstanding Balance
$62,767
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$217,233
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Burton Kathryn R $80,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Kathryn R $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $80,000 -5.9% --
09/07/2023 09/07/23 Pending -- -- --
09/09/2022 09/09/22 For Sale $85,000 -- --
Source: Charlottesville area Association of Realtors®

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 $316 $48,600 $48,600 $0
2024 $316 $48,600 $48,600 $0
2023 $316 $48,600 $48,600 $0
2022 $316 $48,600 $48,600 $0
2021 $350 $48,600 $48,600 $0
2020 $350 $48,600 $48,600 $0
2019 $350 $48,600 $48,600 $0
2018 $350 $48,600 $48,600 $0
2017 $336 $46,600 $46,600 $0
2016 $336 $46,600 $46,600 $0
2015 $336 $46,600 $46,600 $0
2014 $336 $46,600 $46,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634574

Charlottesville area Association of Realtors®

APN: 45-7-2

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