NOT LISTED FOR SALE

1070 Lusters Gate Rd Blacksburg, VA 24060

Estimated Value: $256,000 - $734,000

3 Beds
2 Baths
2,016 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $173,500 $86 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,705/month

69 Days on Market

Highlights

  • Horses Allowed On Property
  • Family Room with Fireplace
  • Storm Windows
  • Margaret Beeks Elementary School Rated A-
  • Ranch Style House
  • Views

About This Home

As of September 2013

Property has Residential-2, Community Business, and Agricultural zoning. Possibilities for multiple dwellings and business. OVER 5,000 SQUARE FEET. Sold as-is. Great views. 1070 (house on right) is propane-ready, but there is no tank. There are two wells and two septic tanks, and a large, common septic drainfield and reserve. DETAIL FIELDS IN THIS LISTING DESCRIBE ONLY NUMBER OF BEDROOMS FOR #1070. Ask agent for more information. Room sizes rounded to nearest whole foot. Great property with many possibilites. Partial owner financing available. Priced more than $40,000 below tax assessment.

Last Agent to Sell the Property

John Wilburn

Hokie Real Estate, Inc. License #225075987 Listed on: 06/06/2013

Last Buyer's Agent

Steve Ayers

Coldwell Banker Townside Bburg License #225181134

Coldwell Banker Townside Bburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1979

Lot Details

  • Rural Setting
  • Property is zoned Residential 2

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Metal Roof
  • T111 Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Storage
  • Laundry on main level
  • Attic Access Panel
  • Storm Windows
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Window Unit Cooling System
  • Furnace
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,372

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 2016
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2005/216
  • Legal Description: C E LESTER ESTATE LOT 21
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 6
  • Parcel Nbr: 022019
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Concrete, Vinyl
  • Appliances: Dishwasher, Range/Electric, Refrigerator
  • Attic: Access Only
  • Bedrooms: 3
  • Fireplace: Family Room
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Extra Storage, Laundry On Main, Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Cable Available, Storm Windows
  • Exterior Finish: T-111 Siding
  • Roofing: Metal

Utilities

  • Air Conditioner: Window Unit(s)
  • Heating: Gas-Propane, Wood Furnace/Ducted
  • Sewer: Septic
  • Water: Well

Schools

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

Lot Info

  • Land Description: Road Frontage, Rural, State Maintained Rd, Suitable For Horses, View
  • Lot Size: 4.75 acres
  • Zoning: Residential 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Keith Bolte Bryan
Bought by
Ak Farm Llc
Current Estimated Value
$478,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$184,052
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$294,004

Purchase Details

Listed on
Jun 6, 2013
Closed on
Sep 16, 2013
Seller's Agent
John Wilburn
Hokie Real Estate, Inc.
Buyer's Agent
Steve Ayers
Coldwell Banker Townside Bburg
List Price
$179,000
Sold Price
$173,500
Premium/Discount to List
-$5,500
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Apr 7, 2004
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
Ak Farm Llc $200,000 Fidelity National Title
-- $173,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ak Farm Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2013 09/16/13 Sold $173,500 -3.1% $86 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $179,000 -- $89 / 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 $2,372 $312,100 $77,800 $234,300
2024 $2,341 $312,100 $77,800 $234,300
2023 $2,185 $312,100 $77,800 $234,300
2022 $2,092 $235,100 $71,300 $163,800
2021 $2,092 $235,100 $71,300 $163,800
2020 $2,092 $235,100 $71,300 $163,800
2019 $2,092 $235,100 $71,300 $163,800
2018 $1,965 $220,800 $71,300 $149,500
2017 $1,965 $220,800 $71,300 $149,500
2016 $1,965 $220,800 $71,300 $149,500
2015 $1,965 $220,800 $71,300 $149,500
2014 $1,955 $219,700 $66,300 $153,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Wilburn

    Hokie Real Estate, Inc.

    (540) 998-1276

    31 Total Sales

    John Wilburn
    Section Image
  • Steve Ayers

    Buyer's Agent in 2013

    Steve Ayers

    Coldwell Banker Townside Bburg

    (540) 818-8880

    38 Total Sales

    Steve Ayers
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 310767

New River Valley Association of REALTORS®

APN: 022019

Virginia Montgomery County Blacksburg 24060

1070 Lusters Gate Rd, Blacksburg, VA

This home is located at 1070 Lusters Gate Rd, Blacksburg, VA 24060 since 06 June 2013 and is currently estimated at $478,056, approximately $237 per square foot. This property was built in 1979. 1070 Lusters Gate Rd 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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