Check Availability
Grayson 24348
1050 Forest Trail
$499,900
↓ $50K (9.1%)
House - For Sale

1050 Forest Trail

Independence, VA 24348
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2785 Sqft
$2,455
Estimated Monthly
$0
HOA / Fees

About This Property

Take a look at this well kept home and experience the EYE-POPPING VIEWS looking out over beautiful Grayson County! This 12.5+ acre property lays very nicely and is totally private, yet only minutes from the necessities in the Town of Independence. Enjoy your morning cup of coffee on the covered front porch or up on the balcony for a slightly better view of the magnificent mountainous landscape of Southwestern Virginia. This one is perfect for your next family home or your mountain getaway spot when you need peace and quiet!  Plenty of room for family and friends, plus a separate 12 x 14 mini cabin with electricity could be utilized for additional space, or a Hobby Room, Office, or whatever flex space you need.  For parking, there is an attached carport, and a 1-car garage.  If more is needed, there is a workshop on top of the hill.  Pictures DO NOT do this one justice, you have to see it in person to get the full effect of the outstanding views!

The manager has listed the unit size as 2785 square feet.
Unit Size
2,785Ft²
Days on Market
98 days
Land Size
12.59 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
Listed By
Jack Circle
River Mountain Realty, LLC
Last updated: 11 days ago (SWVARVA #92452)

Price History

Date / Event Date Event Price
Apr 25, 2024 Price Decreased $499,900
↓ $50K (9.1%)
Price Decreased
Apr 8, 2024 Price Decreased $550,000
↓ $49K (8.2%)
Price Decreased
Mar 7, 2024 Price Decreased $599,000
↓ $14K (2.3%)
Price Decreased
Jan 28, 2024 Listed by RIVER MOUNTAIN REALTY $613,000
Listed by RIVER MOUNTAIN REALTY
Jul 15, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,514
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 286,886
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Space/suspended
  • Heated Square Feet: 2,185
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 6.586
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: 6.586 52A-A-15

Ownership

  • Current Owner : NEIDIG JOHN L
  • Current Owner 2: NEIDIG SHAY B
  • Previous Owner : WEEMS KELLY G
  • Previous Owner 2: WEEMS BRENDA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grayson County Public Schools
  • Census Tract: 060202

Zoning

  • Zoning: RF

Geography

  • Account Number: 721
  • Parcel: 52A - A- - 15
  • Municipality: ELK CREEK
  • Latitude: 36.6455
  • Longitude: -81.1835

    Address

  • Full Address: 1050 Forest Trl
  • Address - House Number: 1050
  • Address - Street Name: Forest
  • Address - Suffix Type: Trl
  • State: VA
  • City Name: Independence
  • Carrier Code: R001
  • 4-Digit Zip Code: 5400
  • Zip Code: 24348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,095

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 395,542
  • High Value: 483,750
  • Low Value: 307,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,294
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $309,294
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 09, 2050

    Market Valuation

  • Market Total Value: $348,000
  • Market Land Value: $95,100
  • Market Improvement Value: $252,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,000
  • Assessed Land Value: $95,100
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11775320801
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200001279

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $309,294
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grayson


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Frequently Asked Questions

When was property at 1050 Forest Trail built and last sold?
The property at 1050 Forest Trail was built in 2002 and last sold on Jul 9, 2020 for $315,000.
How much is this home worth?
The estimated value of the home located at 1050 Forest Trail is $601,518.
What are some comparable homes to 1050 Forest Trail?
There are currently no comparable homes to 1050 Forest Trail.

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