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.
School Ratings & Info
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.
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