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58.2 Acres Lot
$ 873,150
Est. payment | /mo
58.2 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1135592
HOA Y/N No
Originating Board Triad MLS
Lot Size 58.200 Acres
Acres 58.2
Property Description
Mature oak forest, old white pines. Calahaln Rd, close to I-40. Borders Hunting Creek, nice homesites. Preliminary soil test shows good conventional septic soil. Buyers should have their own soil evaluation performed however. Claude Ratledge Rd provides additional access, is easement for other properties. Fiber optic, county water along road. Recent survey. Seller keeping 5 acres in the northeast part of the property, although they would include this portion at extra cost, which would bring total to 63 acres. High timber value due to forest age & white oak, estimated at approximately $4,500 per acre per timber appraisal. The Broker is also Forester and a timber valuation in Exhibits. Land is in Present Use Value, low Davie County taxes, only $159 in 2023. Buyer may keep land in PUV, subject to rules, and defer approximately 95% of annual property taxes. Deferred property taxes are eventually cancelled entirely for long-term owners; buyers should research the requirements of PUV.
Location
State NC
County Davie
Exterior
Street Surface Paved
Building
Lot Description Timber, Natural Land, Rural, Sloped, Wooded
Sewer None
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Daniel W. Edwards Land & Forest Resources LLC
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