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$4,897.00

0.28 acres | Residential Zoning

Explore culture and arts, kayaking and hiking, and the heart-pounding experience of NASCAR racing. This 12,500 sq. ft. parcel is more than a quarter of an acre of Virginia land. Located in the foothills of the Blue Ridge Mountains, the property resides on the western outskirts of Martinsville. Slightly sloped with one neighbor nearby and a small driveway leading in. Less than a block from a small river and just south of Collinsville. Whether you’re looking to build your dream home or buy an investment property, this deal has it all.

Land Specifics

Property Number 10759
Size 0.28 acres
Dimensions 50' x 250'
Road Access Paved Road
Slope Description Rolling
Zoning Residential
Zoning Code S-R (Suburban Residential District)
Zoning Definition

S-R (Suburban Residential District):
This district is composed of the majority of the county's population, dwelling units, and high density development. The regulations for this district are designed to stabilize and protect the essential characteristics of the district, and to promote and encourage a suitable environment for family life. The area's primary land uses consist of single-family detached dwellings, duplexes, and apartments on relatively small lots or tracts.The minimum required lot area for permitted uses on a lot served by both a public water and public sewage disposal system shall be nine thousand (9,000) square feet. The minimum required lot area for permitted uses on a lot served by a public sewage disposal system but not a public water system shall be fifteen thousand (15,000) square feet.

On Property Usage/Potential
Nearby Usage

Location

County Henry
State Virginia
Other Maps

Additional Information

Assessor Parcel Number (APN) 138430002
Estimated Annual Taxes $16.32
Legal Description

Land lying in Koehler, Collinsville (formerly Martinsville), Magisterial District of Henry County, Virginia, being 50 feet by 250 feet and being known and designated as Lot #10 on the W.G. Myers survey of the Clark and Joyce property.

Buy this property today!

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Finance Terms

Purchase Price $4,897.00
Interest Rate 9.7%
Loan Term 3 years 6 months
Total Monthly Payment $145.10

Due Today

Down Payment $149.00
Document Fee $0.00
Transfer Tax $4.90
Total Due Today: $153.90

Pay in Full

Purchase Price $4,897.00
Your Pay in Full Discount -$979.40
Your Price Today = $3,917.60
Document Fee + $0.00
Transfer Tax + $4.90
Total Due Today $3,922.50
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