$26,250
SOLD DEC 14, 2021

TBD Rhea Valley Rd Meadowview, VA 24361

1 Acre
$26,250 Price per Acre
43,560 Sq Ft Lot

Recently Sold

25% Below List Price

912 Days on Market

About This Lot

As of December 2021

BACK ON THE MARKET! Great bargain-priced lot for a dream house or modular home. This 1-acre residential cleared lot has a distinct rural feel and is conveniently located near Abingdon, Meadowview, and Damascus on scenic Rhea Valley Rd. It is close to both Rhea Valley Elementary and Holston High schools and is a quick drive to the Virginia Creeper and Appalachian trails, South Fork Holston Lake, and other recreational spots. This nice lot should lend itself to lower construction costs since it sits near the road and utility corridor. This is a highly affordable property that promises a relaxing drive home at the end of each day, carrying you past vistas of peaceful fields, woods, and rolling green hills. Please note that because this is a Medicaid sale, the price cannot be reduced lower than 75% of the tax assessed value, which is the current list price. Savvy buyers will recognize this truly is a bargain sale!

Last Agent to Sell the Property

ROBERTA HYLTON

Highlands Realty, Inc. License #0225231928 Listed on: 05/10/2019

Last Buyer's Agent

Lindsay Trudeau

True North Real Estate Advisors, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $220

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 175' x 285 x 234 x 54 x 146
  • Property fronts a county road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned R2

Schools

  • Rhea Valley Elementary School
  • Damascus Middle School
  • Holston High School

Utilities

  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$220

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1
  • Lot Size: 175' x 285 x 234 x 54 x 146
  • Road Frontage Type: County Road
  • Directions: From I-81, north exit 19 onto Lee Hwy. take Hwy 58 JEB Stuart Hwy toward Damascus for 5.1 Miles turn left onto Rt. 708 Rhea Valley Road for 2.4 miles house on right sign in yard.
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Irregular Lot
  • Topography: Rolling
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None

Utilities

  • Electricity On Property: Yes
  • Sewer: None
  • Utilities: Electricity Available, Natural Gas Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Rhea Valley
  • High School: Holston
  • Middle Or Junior School: Damascus

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560
  • Zoning: R2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 220.5
  • Tax Book Number: 20
  • Tax Map Number: 130B 2 4 0
  • Tax Year: 2017

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
07/05/2025 07/05/25 For Sale $849,000 +3134.3% --
12/14/2021 12/14/21 Sold $26,250 -25.0% --
11/08/2021 11/08/21 Pending -- -- --
05/10/2019 05/10/19 For Sale $35,000 -- --
Source: Southwest Virginia Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 69436