NOT LISTED FOR SALE

Prospect, VA 23960

Prospect Neighborhood

Estimated Value: $224,000

178.96 Acres
$1,252 Price per Acre
7,795,498 Sq Ft Lot

Last Sold January 16, 2018

Last sale price $325,000

Est. 31% decrease in value since last sale

Current estimated payment $1,227/month

593 Days on Market

About This Lot

As of January 2018

Farm only 13 miles from downtown Farmville. Approximately 60 acres open land. 30x 60 insulated metal building. Frontage and access to Rt.460 and frontage on Rt.609

Last Agent to Sell the Property

Shields Jett

Jett Land and Realty LLC License #0225003049 Listed on: 03/28/2016

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,650

Lot Details

  • 178.96 Acre Lot
  • Zoning described as A1

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Natural Gas Not Available
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 17-A-13

Community Details

Overview

  • The community has rules related to allowing corporate owners

Recreation

  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$1,650

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 178.96
  • Ownership: Corporate
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No
  • Other Structures: Utility Building(s)

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Phone Available, Electricity Available

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 17-A-13
  • Pasture Area: 60.0
  • Wooded Area: 118.0
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1650.0

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Ferrer Alfredo and Ferrer Erika Diaz
Bought by
Alfredo Ferrer Revocable Trust and Ferrer
Current Estimated Value
$224,000

Purchase Details

Closed on
Sep 10, 2021
Sold by
Landis Robert L and Landis Alta F
Bought by
Ferrer Alfredo and Tejeda Erika D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2021
Sold by
Landis Robert L and Landis Alta F
Bought by
Ferrer Alfredo and Tejeda Erika D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jan 5, 2018
Sold by
Prince Edward Farms Llc A Virginia Limit
Bought by
Landis Robert L and Landis Alta F
Seller's Agent
Shields Jett
Jett Land and Realty LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$370,000
Sold Price
$325,000
Premium/Discount to List
-$45,000
-12.16%
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alfredo Ferrer Revocable Trust -- Horton Harlan L
Ferrer Alfredo $50,400 Attorney
Ferrer Alfredo $224,000 Fidelity National Title
Ferrer Alfredo $224,000 Attorney
Landis Robert L $325,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrer Alfredo $45,400
Previous Owner Ferrer Alfredo $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $325,000 -12.2% --
11/11/2017 11/11/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $370,000 -6.3% --
08/28/2017 08/28/17 Pending -- -- --
03/28/2016 03/28/16 For Sale $395,000 -- --
Source: Central Virginia Regional MLS

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
2024 $771 $217,200 $175,900 $41,300
2023 $1,043 $217,200 $175,900 $41,300
2022 $1,043 $217,200 $175,900 $41,300
2021 $1,430 $393,800 $352,500 $41,300
2020 $1,718 $336,800 $295,400 $41,400
2019 $1,718 $336,800 $295,400 $41,400
2018 $1,718 $336,800 $295,400 $41,400
2017 $1,718 $336,800 $295,400 $41,400
2016 $1,718 $336,800 $295,400 $41,400
2015 $1,650 $336,800 $295,400 $41,400
2014 $1,758 $374,100 $323,400 $50,700
2013 $1,571 $374,100 $323,400 $50,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shields Jett

    Jett Land and Realty LLC

    (804) 356-9781

    12 Total Sales

    Shields Jett
    Section Image

  • N

    Buyer's Agent in 2018

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Source: Central Virginia Regional MLS

MLS Number: 1609745

Central Virginia Regional MLS

APN: 017-A-13

Virginia Prince Edward County Prospect 23960

Prospect

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes