$1,400,000
SOLD JUN 17, 2022

TBD N Waterside Dr New Kent, VA 23089

274 Acres
$5,109 Price per Acre
11,935,440 Sq Ft Lot

Recently Sold

28% Below List Price

497 Days on Market

Highlights

  • 2,800 Feet of Waterfront
  • 274 Acre Lot
  • Crops Farm
  • Lake On Lot
  • Wooded Lot

About This Lot

As of October 2023

"Locust Grove" is a unique 274 acre timber and farmland tract fronting 2800' on the Diascund Creek Reservoir in Eastern New Kent County. The tract has long frontage (.6 +/- mile) on both sides of Rt. 627 (N. Waterside Dr.) and extends from Timber Swamp on the east about 1 mile west to the Diascund Creek Reservoir. The property consists of approximately 50+/- acres cultivated farmland, and 218+/- acres wooded land, with substantial standing pine and mixed hardwood timber. The topography is gently rolling to steep sloping with stream side RPA borders along Timber Swamp and Diascund Creek Reservoir and wet ravine bottoms. The property is Zoned A-1, Agriculture and is not in a restricted AFD or Land Use tax program. A 120' Dominion Energy (VEPCO) overhead power line easement crosses the west side section of the land in a north/south direction. The approx. 1100+ acre Diascund Creek Reservoir is a fresh water supply basin owned to the 30' contour line by the City of Newport News. Restrictions apply to property owners bordering the lake bed, including no structures to be built on/attached to City land, no hunting on City property, only electric motors for boats, no swimming, etc.

Last Agent to Sell the Property

Paul Robinson

Francisco, Robinson & Assoc. License #0225002707 Listed on: 12/07/2020

Last Buyer's Agent

Lisa Langenhennig

Coldwell Banker Traditions License #0225095421

Coldwell Banker Traditions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,507

Lot Details

  • 274 Acre Lot
  • 2,800 Feet of Waterfront
  • Lake Front
  • Cleared Lot
  • Wooded Lot
  • Subdivision Possible

Outdoor Features

  • Electricity Available at Street
  • Lake On Lot

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Farming

  • Crops Farm

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Water Not Available
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 6736

Property Details

Property Type

Land

Est. Annual Taxes

$8,507

Lot Details

0

Listing Details

  • Restrictions: Crops 2B Harv, Easement, Waterfront Restrictions
  • Zoning: A-1
  • Property Type: Lots/Land
  • Possible Use: Horses Permitted, Single Family
  • Body Of Water: Diascund Reserv
  • County Or City: New Kent
  • Farm Type: Crops
  • Lot: 19
  • Neighborhood Name: Lanexa
  • Parcel Number: 6736
  • Telecommunication: Telephone, Underground
  • Water Type: Lake, Lake Frontage
  • Acres: 274.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Post Office: Lanexa

Exterior Features

  • Frontage Road: 3000
  • Wooded Acres: 218.0000
  • Waterfront: Yes
  • Water Frontage: 2800.0000

Utilities

  • Electric: At Street
  • Natural Gas: No Gas
  • Sewer: Septic Needed
  • Water: None

Schools

  • Elementary School: New Kent
  • Middle School: New Kent
  • High School: New Kent
  • Elementary School: New Kent
  • High School: New Kent
  • Middle School: New Kent

Lot Info

  • Lot Description: Buildable, Cleared, Crops, Subdividable, Unimproved, Wooded

Rental Info

  • Minimum Deposit: 10000

Tax Info

  • Annual Taxes: 8507.00
  • Tax Year: 2020

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

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $180,000 0.0% --
10/17/2023 10/17/23 Sold $180,000 +44.0% --
08/31/2023 08/31/23 Sold $125,000 -3.8% --
08/28/2023 08/28/23 Pending -- -- --
08/25/2023 08/25/23 Pending -- -- --
07/11/2023 07/11/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $130,000 +4.0% --
05/11/2023 05/11/23 For Sale $125,000 -32.4% --
05/11/2023 05/11/23 For Sale $185,000 0.0% --
05/10/2023 05/10/23 For Sale $185,000 -86.8% --
06/17/2022 06/17/22 Sold $1,400,000 0.0% --
06/17/2022 06/17/22 Sold $1,400,000 -11.9% --
04/18/2022 04/18/22 Pending -- -- --
04/18/2022 04/18/22 Pending -- -- --
01/15/2022 01/15/22 Price Changed $1,590,000 0.0% --
01/15/2022 01/15/22 Price Changed $1,590,000 -6.5% --
04/21/2021 04/21/21 Price Changed $1,700,000 0.0% --
04/21/2021 04/21/21 Price Changed $1,700,000 -12.8% --
12/07/2020 12/07/20 For Sale $1,950,000 0.0% --
12/07/2020 12/07/20 For Sale $1,950,000 +4711.8% --
05/17/2013 05/17/13 Sold $40,525 -18.1% --
04/09/2013 04/09/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $49,500 -- --
Source: Williamsburg Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 2005132

Williamsburg Multiple Listing Service