NOT LISTED FOR SALE

0 Music Rd Unit 404319 Alum Ridge, VA 24091

Estimated Value: $299,000 - $305,000

8 Acres
$36,211 Price per Acre
363,290 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $62,800

Est. 352% increase in value since last sale

Current estimated payment $1,646/month

180 Days on Market

About This Lot

As of October 2019

Mostly open pasture land for sale in Floyd VA. Property has state maintained road frontage and is easily accessible. Nice country setting with views. This 8.3 acre lot is located in a quiet country setting and is easily accessible with level road frontage. Property could be used for multiple purposes including recreational, farmland, or home site.

Last Agent to Sell the Property

Mauyer Gallimore

UC/Blue Ridge Land & Auction License #225018483 Listed on: 02/06/2019

Last Buyer's Agent

Lucy Lamanna

Thomas & Wall Real Estate LLC License #0225203361

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,091

Lot Details

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 412D

Property Details

Property Type

Land

Est. Annual Taxes

$1,091

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: 000
  • Legal Description: Tax Map # 41-2D
  • Lvt Date: 02/06/2019
  • Parcel Nbr: 412D
  • Property Sub Type: Land
  • Special Features: None

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • High School: Floyd County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Oct 3, 2019
Sold by
Reed Douglas W
Bought by
Thomas Lucas T and Thomas Abigail B
Seller's Agent
Mauyer Gallimore
UC/Blue Ridge Land & Auction
Buyer's Agent
Lucy Lamanna
Thomas & Wall Real Estate LLC
List Price
$69,500
Sold Price
$62,800
Premium/Discount to List
-$6,700
-9.64%
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,200
Avg. Annual Appreciation
30.73%
Original Mortgage
$90,240
Outstanding Balance
$79,229
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$222,771
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thomas Lucas T $92,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Lucas T $90,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $62,800 0.0% --
08/05/2019 08/05/19 Pending -- -- --
07/12/2019 07/12/19 Off Market $62,800 -- --
02/06/2019 02/06/19 For Sale $69,500 -- --
Source: New River Valley Association of REALTORS®

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
2025 $1,091 $248,000 $108,700 $139,300
2024 $773 $115,400 $70,400 $45,000
2023 $425 $65,400 $65,400 $0
2022 $425 $65,400 $65,400 $0
2021 $412 $65,400 $65,400 $0
2020 $392 $65,400 $65,400 $0
2019 $400 $66,700 $66,700 $0
2018 $400 $66,700 $66,700 $0
2017 $367 $66,700 $66,700 $0
2016 $367 $66,700 $66,700 $0
2015 -- $66,700 $66,700 $0
2014 -- $62,600 $62,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 404319

New River Valley Association of REALTORS®

APN: 41-2D