1186 Penlan Rd

Arvonia, VA 23004

$170,000
Last Sold Price
4,429,659 / 101.69
Lot Size / Acres
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Closed 10/13/21
Closed 10/13/21
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Description

Here is a very attractive land investment opportunity! 100+ acres in an established loblolly pine plantation with 6+ year growth. The property conveys with 4 tax parcels, interior roads, a wooded creek buffer, utility building, and a carport set up for equipment storage. This is a great weekend destination, hunting preserve and smart timber investment all in one! There is state road frontage and access to electric service along Penlan Rd as well as on the rear of the tract, offering flexible building...Here is a very attractive land investment opportunity! 100+ acres in an established loblolly pine plantation with 6+ year growth. The property conveys with 4 tax parcels, interior roads, a wooded creek buffer, utility building, and a carport set up for equipment storage. This is a great weekend destination, hunting preserve and smart timber investment all in one! There is state road frontage and access to electric service along Penlan Rd as well as on the rear of the tract, offering flexible building options.
  1. Listed by Kelly Cox • Brokerage DRE #226018611 • Cox & Company Real Estate Inc
    P: (804)-305-8852 kelly@kellycox.com

Property Details for 1186 Penlan Road

Subdivision Name
None
Waterfront
No
LISTING CLOSED: 10/13/2021 12:00 AM

Property Details for 1186 Penlan Road

StatusClosed
MLS #2111541
Days on Market12
Taxes$1,094 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Residential
Year Built-
Lot Size101.69 AC
CountyBuckingham County
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Location

Listing Courtesy of Cox & Company Real Estate Inc, Kelly Cox

Sold By Coach House Realty LLC, Russell G Bell

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Building Information for 1186 Penlan Road

Building Size-Lot Size101.69 AC

Payment Calculator

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$955 per month

30 year fixed, 6.55% Interest

Principal and Interest

$864

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1186 Penlan Road

Summary
Location and General Information
  • City: Arvonia
  • City Region: None
  • County Or Parish: Buckingham
  • Directions: Fr Richmond, I 64W, Exit 167, Left onto Oilville Rd, Right onto Broad St, Left onto Fairground Rd, Left onto Sandy Hook Rd, Right onto River Rd, Stay Straight onto James Madison Hwy, Right onto Penlan Rd
  • Latitude: 37.670544
  • Longitude: -78.383455
  • Postal City: Arvonia
  • Postal Code: 23004
  • Postal Code Plus4: 2228
  • State Or Province: VA
  • Unparsed Address: 1186 Penlan Rd
  • Zoning Description: Agricultural
Taxes and HOA Information
  • Association: No
  • Parcel Number: 52-0-0-19, 19B, 19C & 23
  • Tax Annual Amount: $1,094.00
  • Tax Assessed Value: $198,800.00
  • Tax Legal Description: RT 671 - 1/2 MI E OF DIANA MILLS 62.48, 3, 14.315,21.89 ac6 AC
  • Tax Year: 2020
School Information
  • Elementary School: Buckingham
  • High School: Buckingham
  • Middle Or Junior School: Buckingham
Property
Lot Information
  • Lot Features: Buildable
  • Lot Size Acres: 101.691
  • Lot Size Area: 101.691
  • Lot Size Units: Acres
  • Possible Use: Farm, Hunting, Investment, Recreational, Single Family, Timber
  • Property Sub Type Additional: Residential, Unimproved Land
Property and Assessments
  • Type of Property: Land
  • Property Sub Type: Residential
  • Property Type: Land
  • Road Responsibility: Public Maintained Road
  • Walk Score: 0
  • Development Name: None
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Fencing: None
Interior Features
  • Basement: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
Rental
Rental Information
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1186 Penlan Road

DateEvent & SourcePriceAppreciation
Oct 13, 2021

Sold

CVRMLS #2111541

$170,000—
May 7, 2021

Pending

CVRMLS #2111541

—
Apr 26, 2021

Listed (Active)

CVRMLS #2111541

$165,000—
DateEvent & SourcePrice
10/13/2021

Sold

CVRMLS #2111541

$170,000
05/07/2021

Pending

CVRMLS #2111541

—
04/26/2021

Listed (Active)

CVRMLS #2111541

$165,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1186 Penlan Road

Taxable ValueLand$180,400Additions$1,000Total$181,400
Tax Record2026$798 ($67 / month)
Home Facts
Lot Size2,721,890 SqFtStyleMiscellaneous AgriculturalCountyBUCKINGHAMAPN52-19

Schools near 1186 Penlan Road

This home is within Buckingham County Public Schools.
Rating
School
Type
Grades
Distance
Buckingham County Primary School
Public - K to 2
Buckingham County Middle School
Public - 6 to 8
Buckingham County High School
Public - 9 to 12
Buckingham County Elementary School
Public - 3 to 5
Rating
School
Distance
Buckingham County Primary School
PublicK to 2

Buckingham County Middle School
Public6 to 8

Buckingham County High School
Public9 to 12

Buckingham County Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
1132 Penlan Road, Arvonia, VA 23004
–
–
–
–
87,120
1088 Penlan Road, Arvonia, VA 23004
–
–
–
–
65,514
1056 Penlan Road, Arvonia, VA 23004
–
–
–
–
72,135
1365 Penlan Road, Arvonia, VA 23004
–
–
–
–
871,200
1032 Penlan Road, Arvonia, VA 23004
–
–
–
–
26,180

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cox & Company Real Estate Inc, Kelly Cox

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.