NOT LISTED FOR SALE

1016 Draper Rd SW Blacksburg, VA 24060

Miller Southside Neighborhood

Estimated Value: $407,000 - $460,992

2 Beds
1 Bath
1,344 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $370,000 $275 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,491/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Attic Floors
  • Margaret Beeks Elementary School Rated A-
  • No HOA

About This Home

As of March 2021

A great Blacksburg investment opportunity.

Last Agent to Sell the Property

Jay Mandell

MR Real Estate License #225067751 Listed on: 01/19/2021

Co-Listed By

FSBO REALTOR® Sold

REALTOR® Sold FSBO

Last Buyer's Agent

Jay Mandell

MR Real Estate License #225067751 Listed on: 01/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1930

Lot Details

  • 0.36 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Attic Floors
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005176

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,420

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1344
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: DUNTON DRIVE SUBD LOT 1
  • Lvt Date: 01/21/2022
  • Master On Main: Yes
  • Number Rooms: 6
  • Parcel Nbr: 005176
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Style Structure Home: Traditional
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Gas-Natural
  • Appliances: Dryer Hookup-Elec, Washer Hookup
  • Attic: Floored
  • Basement: Full, Outside Access
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Gravel Driveway
  • Exterior Finish: Brick

Utilities

  • Heating: Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 15681.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 5, 2021
Sold by
Gilbarte Kevin K
Bought by
Seeds Properties Llc
Seller's Agent
Jay Mandell
MR Real Estate
Buyer's Agent
Jay Mandell
MR Real Estate
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$429,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,748
Avg. Annual Appreciation
3.70%
Original Mortgage
$2,350,000
Outstanding Balance
$2,130,406
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,694,228

Purchase Details

Closed on
Dec 18, 2018
Sold by
Sutphin John B and Sutphin Joann P
Bought by
Gilbarte Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2007
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
Seeds Properties Llc $4,391,000 Fidelity National Title
Seeds Properties Llc $4,391,000 Fidelity National Title
Gilbarte Kevin K $260,000 Investors Title
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeds Properties Llc $2,350,000
Closed Seeds Properties Llc $2,350,000
Previous Owner Gilbarte Kevin K $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $370,000 0.0% $275 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $370,000 -- $275 / Sq Ft
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 $2,420 $318,400 $102,300 $216,100
2024 $2,388 $318,400 $102,300 $216,100
2023 $2,229 $318,400 $102,300 $216,100
2022 $2,092 $235,000 $82,600 $152,400
2021 $2,092 $235,000 $82,600 $152,400
2020 $2,092 $235,000 $82,600 $152,400
2019 $2,092 $235,000 $82,600 $152,400
2018 $1,777 $199,700 $68,900 $130,800
2017 $1,777 $199,700 $68,900 $130,800
2016 $1,777 $199,700 $68,900 $130,800
2015 $1,777 $199,700 $68,900 $130,800
2014 $1,703 $191,300 $68,900 $122,400
Source: Public Records

Agents Affiliated with this Home

  • Jay Mandell

    Seller's Agent in 2021

    Jay Mandell

    MR Real Estate

    (540) 315-3988

    2 in this area

    257 Total Sales

    Jay Mandell
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    FSBO REALTOR® Sold

    REALTOR® Sold FSBO

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 414059

New River Valley Association of REALTORS®

APN: 005176

Virginia Montgomery County Blacksburg 24060 Miller Southside

1016 Draper Rd SW, Blacksburg, VA

This home is located at 1016 Draper Rd SW, Blacksburg, VA 24060 since 19 January 2021 and is currently estimated at $429,748, approximately $319 per square foot. This property was built in 1930. 1016 Draper Rd SW is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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