$67,500
SOLD JAN 27, 2015

102 Lucas Dr Blacksburg, VA 24060

Kabrich Crescent Neighborhood
0.2 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$55 Per Sq Ft

32% Below List Price

140 Days on Market

Highlights

  • Commercial or Retail Space
  • Harding Avenue Elementary School Rated A
  • Level Lot

About This Lot

As of March 2021

''LAND ONLY'' HOUSE ON PROPERTY WOULD NEEDTO BE TORN DOWN: NON-CONFORMING LOT:YOU CAN BUILD BACK HOWEVER RESIDENTIALHOME WOULD NEED TO BE APPROVED BY BLACKSBURG ZONING AUTHORITY: COMMERCIAL BUILD BACK TO BE APPROVED BY BOTH BZA ANDTOWN OF BLACKSBURG:

Last Agent to Sell the Property

Kerry Gillispie

RE/MAX 8 - Blacksburg License #225029850 Listed on: 08/25/2014

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Michael George

CHP Realty LLC License #225065421

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,698

Lot Details

  • Level Lot
  • Cleared Lot

Home Design

  • Commercial or Retail Space

Listing and Financial Details

  • Assessor Parcel Number 005645

Property Details

Property Type

Land

Est. Annual Taxes

$1,698

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 0446/0814
  • Legal Description: SPRINGDALE ADD LOT 3 BLK A
  • Parcel Nbr: 005645
  • Property Sub Type: Land
  • Best Use: Office
  • Estimated Cleared Acres: 0.21
  • Estimated Wooded Acres: 40
  • Deed Restrict Easmnt: ZONED GENERAL COMMERCIAL: NON-CONFORMINGLOT TO BE APPROVED BY BLACKSBURG ZONINGAUTHORITY:
  • Legacy Internal Listingid: 20140825132851266354000000
  • Legacy Username: nrv.gillis
  • Location: Bus District/Outlyng, Subdivision
  • Type Of Property: Commercial, Res/Single Family, Subdivision Lot
  • Special Features: None

Utilities

  • Utilities: Electricity, Public Sewer, Public Water

Schools

  • School District: Montgomery County
  • Elementary School: Harding Av
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Topography: Cleared, Level

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
$310,000
Sold Price
$310,000
Current Estimated Value
$415,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,264
Avg. Annual Appreciation
6.35%
Original Mortgage
$2,350,000
Outstanding Balance
$2,130,406
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,722,742

Purchase Details

Listed on
Aug 25, 2014
Closed on
Jan 30, 2015
Seller's Agent
Kerry Gillispie
RE/MAX 8 - Blacksburg
Buyer's Agent
Michael George
CHP Realty LLC
List Price
$99,900
Sold Price
$67,500
Premium/Discount to List
-$32,400
-32.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.34%

Purchase Details

Closed on
Jan 1, 1981
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $4,391,000 Fidelity National Title
Deed $4,391,000 Fidelity National Title
Deed $65,000 --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,350,000 Credit Line Revolving
Closed $2,350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $310,000 0.0% $445 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $310,000 +359.3% $445 / Sq Ft
01/27/2015 01/27/15 Sold $67,500 -32.4% $55 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $99,900 -- $82 / 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 $1,698 $223,400 $120,800 $102,600
2024 $1,676 $223,400 $120,800 $102,600
2023 $1,564 $223,400 $120,800 $102,600
2022 $1,314 $147,600 $64,400 $83,200
2021 $1,314 $147,600 $64,400 $83,200
2020 $1,314 $147,600 $64,400 $83,200
2019 $1,314 $147,600 $64,400 $83,200
2018 $1,266 $142,200 $64,400 $77,800
2017 $1,266 $142,200 $64,400 $77,800
2016 $1,085 $121,900 $64,400 $57,500
2015 $1,085 $121,900 $64,400 $57,500
2014 $1,100 $123,600 $64,400 $59,200
Source: Public Records

Agents Affiliated with this Home

  • Jay Mandell

    Seller's Agent in 2021

    Jay Mandell

    MR Real Estate

    (540) 315-3988

    11 in this area

    257 Total Sales

    Section Image

  • F

    Seller Co-Listing Agent in 2021

    FSBO REALTOR® Sold

    REALTOR® Sold FSBO

  • Kerry Gillispie

    Seller's Agent in 2015

    Kerry Gillispie

    RE/MAX

    (540) 320-1684

    60 Total Sales

    Section Image
  • Michael George

    Buyer's Agent in 2015

    Michael George

    CHP Realty LLC

    (540) 260-9039

    20 Total Sales

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 316098

New River Valley Association of REALTORS®

APN: 005645

Virginia Montgomery County Blacksburg 24060 Kabrich Crescent

102 Lucas Dr, Blacksburg, VA

This home is located at 102 Lucas Dr, Blacksburg, VA 24060 and is currently priced at $67,500, approximately $55 per square foot. 102 Lucas Dr is a home located in Montgomery County with nearby schools including Harding Avenue 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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