NOT LISTED FOR SALE

1053 Merrimac Rd Blacksburg, VA 24060

Estimated Value: $104,000 - $470,000

2 Beds
1.5 Baths
1,204 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 13, 2023

Last sale price $165,000 $137 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,377/month

33 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Bungalow
  • Blacksburg High School Rated A
  • No HOA
  • Electric Baseboard Heater

About This Home

As of May 2023

Blacksburg School District!! This Beautiful Bungalow Home features Two bedrooms and 1.5 Baths and sits on a nice private lot. It is only a few minutes from both Blacksburg and Christiansburg. The Home has a 4 Year Old Heat Pump, The House has a Brand New 30 Year Architectural Roof. The Home has Newer Flooring and Fresh Paint Throughout. The Home has New Light Fixtures and New Recepticles and Switches. The Kitchen has New Counter Tops and Stainless Steel Appliances. The Home has a Covered Front Porch for sitting out and Relaxing on and the Home has a Nice Big Side Deck. The Home has an Outside Storage Shed.Its hard to Find a Home In the Blacksburg School District for Under 200,000. Come Check out this Beautiful Home Before its gone!!!

Last Agent to Sell the Property

Aaron Hagy

eXp Realty - Blacksburg Listed on: 02/25/2023

Last Buyer's Agent

Aaron Hagy

eXp Realty - Blacksburg Listed on: 02/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1944

Lot Details

  • 7,318

Home Design

  • Bungalow
  • Vinyl Trim

Interior Spaces

  • 1,204 Sq Ft Home
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • 7,318 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011088

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1204
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: PINE WOODS, LOT - Parcel ID: 011088
  • Lvt Date: 02/25/2023
  • Master On Main: Yes
  • Number Rooms: 5
  • Parcel Nbr: 011088
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer Hookup-Elec, Dryer/Electric, Oven, Refrigerator, Washer, Washer Hookup
  • Attic: Pull Down Stairs
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck
  • Exterior Finish: Vinyl

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Baseboard-Electric, Heat Pump
  • Sewer: Septic
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

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

Lot Info

  • Lot Size: 7318.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
May 12, 2023
Sold by
Hagy Benny H
Bought by
Powers Dylan G
Seller's Agent
Aaron Hagy
eXp Realty - Blacksburg
Buyer's Agent
Aaron Hagy
eXp Realty - Blacksburg
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Views
285
Current Estimated Value
$238,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,867
Avg. Annual Appreciation
17.58%
Original Mortgage
$132,000
Outstanding Balance
$128,987
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$108,569

Purchase Details

Closed on
Jan 19, 2023
Sold by
Lemon Olivia A
Bought by
Hagy Benny H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 2020
Sold by
Julianne Lemon
Bought by
Lemon Olivia A and Daniels Abraham J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 2001
Source: Public Records

Range of Values:

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Average Value
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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
Powers Dylan G $109,400 Fidelity National Title
Hagy Benny H $84,500 Old Republic National Title In
Lemon Olivia A $36,000 Fidelity National Title
-- $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Dylan G $132,000
Previous Owner Hagy Benny H $99,000
Previous Owner Lemon Olivia A $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2023 05/13/23 Sold $165,000 -8.3% $137 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $179,900 0.0% $149 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $179,900 -- $149 / 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 $831 $109,400 $11,000 $98,400
2024 $821 $109,400 $11,000 $98,400
2023 $766 $109,400 $11,000 $98,400
2022 $648 $72,800 $8,800 $64,000
2021 $648 $72,800 $8,800 $64,000
2020 $648 $72,800 $8,800 $64,000
2019 $648 $72,800 $8,800 $64,000
2018 $6 $68,500 $8,800 $59,700
2017 $610 $68,500 $8,800 $59,700
2016 $610 $68,500 $8,800 $59,700
2015 $610 $68,500 $8,800 $59,700
2014 $6 $80,600 $10,300 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 417384

New River Valley Association of REALTORS®

APN: 011088