NOT LISTED FOR SALE

495 Rikemo Dr Dungannon, VA 24245

Estimated Value: $78,000 - $379,000

5 Beds
5.5 Baths
4,032 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $401,000 $99 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $1,417/month

4 Days on Market

Highlights

  • River Front
  • Mountainous Lot
  • Partially Wooded Lot
  • 114.55 Acre Lot
  • Pond
  • Wood Flooring

About This Home

As of March 2021

Rikemo Lodge is located near the Clinch River in Southwest, VA. It is a Unique Property formerly used as a Hunting Retreat for CSX Railroad, once owned by The Nature Conservancy, and is now privately owned. The 114.55 +/- Acre Property includes a 4032 +/- sf Lodge with 5 Bedrooms each with a Private Bath. A spacious Grand Hall with a large fireplace, an additional half bath off to the side, a Geo-Thermal Heat Pump, and Beautiful Covered Porch with amazing mountain views. Also includes a 2 Bedroom Cabin, Large Pond, and Lots of Hiking Trails. Property is great for Fishing, Hunting, Hiking, Backpacking, Birdwatching, Biking and just enjoying Nature. Would be a Wonderful Hunting Retreat or Residence, or Bed & Breakfast. A Conservancy Easement must be attached to the property Deed. The property has approximately 1800 feet +/- of frontage on the CLINCH RIVER. Property to be sold ''as Is , where is.'' Property to be sold to settle an estate.

Last Listed By

Bob Quillen

Bob Quillen Realtors License #11726 Listed on: 01/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1969

Lot Details

  • 114.55 Acre Lot
  • River Front
  • Privacy Fence
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Partially Wooded Lot
  • Property is in average condition
  • Property is zoned res/agr

Property Views

  • Water
  • Mountain

Home Design

  • Cabin
  • Stone Foundation
  • Log Walls
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Stone Fireplace
  • Insulated Windows
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laminate Countertops
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Pond
  • Front Porch

Schools

  • Dungannon Elementary School
  • Twin Springs Middle School
  • Twin Springs High School

Farming

  • Pasture

Utilities

  • Cooling Available
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 28 1 6a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,726

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: From Gate City Virginia travel 1.5 miles on Hwy 71 , then turn left onto Va 72 Veterans Memorial Hwy and continue for approximately 18 miles, turn right onto Rikemo Dr.
  • Prop. Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Bathroom 4 Level: First
  • Bathroom 5 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • Primary Bedroom Level: First
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Concrete
  • Flooring: Hardwood
  • Interior Amenities: Kitchen/Dining Combo, Laminate Counters
  • Window Features: Insulated Windows
  • Bedroom 3 Level: First
  • Great Room Level: First
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Stone
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:Laminate Counters: Yes
  • Fireplace:Living Room: Yes
  • Basement:Concrete3: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • View: Water, Mountain(s)
  • Waterfront Features: River Front
  • Fencing: Privacy
  • Acres: 114.55
  • Topography: Farm Pond, Bottom Land, Mountainous, Part Wooded, Pasture, Rolling Slope, Wooded
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Foundation Details: Stone
  • Patio And Porch Features: Front Porch
  • Window Features:Insulated Windows: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Heating: Geothermal, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Geothermal, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes
  • Heating:Geothermal: Yes

Schools

  • Elementary School: Dungannon
  • High School: Twin Springs
  • Middle Or Junior School: Twin Springs

Lot Info

  • Zoning: res/agr
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 4989798.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28 1 6a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 598

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edwards Angel $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $401,000 +5.7% $99 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $379,500 +33.2% $94 / Sq Ft
01/02/2015 01/02/15 Sold $285,000 -18.6% $59 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $350,000 -- $73 / Sq Ft
Source: Tennessee/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 $1,726 $28,700 $0 $28,700
2023 $1,702 $28,700 $0 $28,700
2022 $1,702 $28,700 $0 $28,700
2021 $1,822 $45,600 $0 $45,600
2020 $1,822 $45,600 $0 $45,600
2019 $1,822 $45,600 $0 $45,600
2018 -- $45,600 $0 $45,600
2017 $3,146 $45,600 $0 $45,600
2016 -- $425,200 $30,000 $395,200
2014 -- $203,400 $28,000 $175,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9917796

Tennessee/Virginia Regional MLS

APN: 2816A