Sold on Dec 05, 2024
Note: Property is not currently for sale or for rent.
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Type: Vacant Land
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Lot Size: 1103 x 2206 Feet
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Age: No Data
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Taxes: $196 per year
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Days on Site: 49 Days
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Added: Oct 17, 2024 (1 month on market)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X9399708
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Listed By: Re/max centre city realty inc.
Welcome to Norfolk, this rare opportunity to own a 50-acre bush lot, offering a unique mix of natural features and potential uses. The land is predominantly covered with mature hardwood trees, providing an abundance of natural beauty and resources. In addition, some white pines have been planted, adding to the diversity of the landscape. Whether you're looking for a secluded spot for hunting, off-road ATV adventures, or simply a peaceful retreat where you can immerse yourself in nature, this property caters to it all.A one-acre clearing near the front of the lot provides a perfect space for potential development, camping, or other recreational activities. The property is further enhanced by a creek that runs through, adding to its picturesque quality and the potential for wildlife sightings. A private drive leads to the back of the property, where there is a small gas well, currently producing a modest monthly income of approximately $75-$100. One of the key features of this property is the favorable tax situation. Fifteen acres of the lot are classified as a special wetlands area, making them tax-exempt. The remaining portion of the property is part of the Managed Forest Tax Incentive Program, significantly reducing the overall property taxes to just $197 annuallya huge benefit for landowners. Please note, buyers are to conduct their own due diligence with respect to any future development or zoning regulations. The property is currently zoned for agricultural use.The property is accessible through a gated entrance located off Barth Side Road. There is no 911 sign this property is accessible from a gate off of Barth Side Road. This lot is a true haven for those looking to escape city life, connect with nature, and possibly explore small-scale agricultural, conservation, or recreational pursuits. Don't miss out on this amazing opportunity to make this piece of property yours!
Extras
LOT - 2,206.32ft X 1,067.57ft X 2,160.07ft X 1,103.00ft
Status
Days on Market: 49
Last Status: Sold
Sold Date: Dec 05, 2024
Closed Date: Jan 30, 2025
Expiry Date: Apr 30, 2025
Sold Price: $450,000
Unavailable Date: Dec 05, 2024
Input Date: Oct 17, 2024
Property
Status: Sale
Property Type: Vacant Land
Area: Norfolk
Community: Frogmore
Availability Date: IMMEDIATE
Assessment Amount: $189,000
Assessment Year: 2024
Utilities
Electricity: Available
Gas: No
Cable: No
Telephone: No
Building
Water Supply: None
Special Designation: Unknown
Fees
Tax Year: 2023
Tax Legal Description: PT LT 15 CON 2 HOUGHTON AS IN NR507942 EXCEPT NR31672; NORFOLK C
Taxes: $196
Land
Cross Street: HWY 28
Municipality District: Norfolk
Fronting On: South
Parcel Number: 501070118
Sewer: None
Lot Depth: 2206 Feet
Lot Frontage: 1103 Feet
Acres: 50-99.99
Zoning: A
Waterfront: None
Car-Dependent
- Almost all errands require a car.
Somewhat Bikeable
- Most errands require a car.
Our Lady of Fatima School
Elementary: CatholicPort Burwell Public School
Elementary: PublicLangton Public School
Elementary: PublicSacred Heart School
Elementary: CatholicHoughton Public School
Elementary: PublicStraffordville Public School
Elementary: PublicDelhi District Secondary School
Secondary: PublicValley Heights Secondary School
Secondary: PublicSimcoe Composite School
Secondary: PublicGlendale High School
Secondary: PublicHoly Trinity Catholic High School
Secondary: CatholicEast Elgin Secondary School
Secondary: Public-
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