NOT LISTED FOR SALE

1063 Cannady School Rd SE Floyd, VA 24091

Estimated Value: $261,000 - $1,198,000

4 Beds
1 Bath
4,380 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2020

Last sale price $145,000 $33 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $3,185 / mo

138 Days on Market

Highlights

  • Wood Burning Stove
  • Balcony
  • Wood Siding
  • No HOA
  • Garden

About This Home

As of July 2020

Built in 1913 as a Presbyterian Mission School, this historic building is a place that will take you back in time. Over the years this building has housed church groups, schools, intentional communities, and used as a residence. The main level has an open concept boasting high ceilings and great spaces for congregating and much more. The top two levels are more residential than the lower level with cut up spaces/rooms. Kitchen and bathroom are on the second level. The 17+ acres allows for room to expand or turn the wooded area into open farmland with some clearing. Great views up from the schoolhouse on top of the land. So many possibilities await this diamond in the rough, live upstairs while downstairs is made into a commercial endeavor. It's time for it's next chapter, so call today to arrange a showing of this timeless masterpiece.

Last Agent to Sell the Property

Derek Wall

Thomas & Wall Real Estate LLC License #225195345 Listed on: 02/21/2020

Last Buyer's Agent

Craig Chancellor

Re/Max Dominion

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 17.82 Acre Lot
  • Garden

Home Design

  • Wood Siding

Interior Spaces

  • 4,380 Sq Ft Home
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32106

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

17.82 Acres

Listing Details

  • Estimated Total Finished Sq Ft: 4380
  • Class: Residential
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: DP-04-0002116
  • Is The Power On: Yes
  • Legal Description: HARRIS-CANNADAY CHURCH PROPERTY PC3-152A
  • Lvt Date: 02/21/2020
  • Parcel Nbr: 32106
  • Property Sub Type: Detached
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement: Crawl Space
  • Bedrooms: 4
  • Fireplace: Wood Stove
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Balcony, Garden Space
  • Exterior Finish: Wood

Utilities

  • Heating: Wood Stove
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Lot Size: 776239.2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jul 23, 2020
Sold by
Bought by
Seller's Agent
Derek Wall
Thomas & Wall Real Estate LLC
Buyer's Agent
Craig Chancellor
Re/Max Dominion
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$566,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,240
Avg. Annual Appreciation
27.16%
Original Mortgage
$46,000
Outstanding Balance
$40,139
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$568,414
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $46,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $145,000 -3.3% $33 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $149,900 0.0% $34 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $149,900 -- $34 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,527 $331,900 $140,900 $191,000
2025 $1,460 $331,900 $140,900 $191,000
2024 $863 $128,800 $76,900 $51,900
2023 $837 $128,800 $76,900 $51,900
2022 $837 $128,800 $76,900 $51,900
2021 $749 $118,900 $76,900 $42,000
2020 $713 $118,900 $76,900 $42,000
2019 $562 $93,700 $76,900 $16,800
2018 $562 $93,700 $76,900 $16,800
2017 $515 $93,700 $76,900 $16,800
2016 $515 $93,700 $76,900 $16,800
2015 -- $93,700 $76,900 $16,800
2014 -- $90,700 $73,900 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 407918

New River Valley Association of REALTORS®

APN: 32-106

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