1114 Lakeridge Cir Troutville, VA 24175
Estimated Value: $347,000 - $444,000
4
Beds
3
Baths
2,863
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- Mountain View
- Deck
- Family Room with Fireplace
- Colonial Elementary School Rated A-
- Wood Burning Stove
- Wooded Lot
About This Home
As of September 2023Nestled in the trees behind Rainbow Forest Lake, you'll find your new home! Step inside this 4bed/3ba home where space is bountiful. On the main level you'll find your kitchen, sunroom, dining room, living room, cozy family room with fireplace, and 3bedrooms including the luxurious master suite. Head downstairs to discover a second oversized family room with another fireplace, a 4th bedroom, and several storage rooms, one of which has a bar already set up, perfect for entertaining! As if the space inside wasn't enough, outside you'll discover a massive deck, two car garage, oversized driveway, plus additional driveway, ideal for campers and RVs. All of this, tucked away on almost 5 private acres in Botetourt County, is sure to be the perfect fit for your next chapter!
Last Agent to Sell the Property
KELLER WILLIAMS COASTAL VIRGINIA License #0225226729 Listed on: 08/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,937
Year Built
- Built in 1975
Lot Details
- 4.8 Acre Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Wood Burning Stove
- Fireplace Features Masonry
- Sliding Doors
- Family Room with Fireplace
- 2 Fireplaces
- Great Room with Fireplace
- Storage
- Laundry on main level
- Mountain Views
Kitchen
- Electric Range
- Built-In Microwave
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Front Porch
Schools
- Colonial Elementary School
- Read Mountain Middle School
- Lord Botetourt High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Rainbow Forest Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Sep 5, 2023
Sold by
Thomson David E and Anderson Susette
Bought by
Smith William Lee and Smith Rhonda S
Seller's Agent
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
Buyer's Agent
Rick Stover
RE/MAX ALL STARS
List Price
$325,000
Sold Price
$352,000
Premium/Discount to List
$27,000
8.31%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,966
Avg. Annual Appreciation
12.90%
Original Mortgage
$334,400
Outstanding Balance
$328,493
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$107,319
Purchase Details
Closed on
Oct 23, 2015
Sold by
Thomson David E
Bought by
Thomson David E and Thomson Susette Anderson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,740
Interest Rate
4.38%
Mortgage Type
New Conventional
Similar Homes in Troutville, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith William Lee | $352,000 | First Choice Title | |
| Thomson David E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith William Lee | $173,500 | |
| Open | Smith William Lee | $334,400 | |
| Previous Owner | Thomson David E | $92,740 | |
| Previous Owner | Thomson David E | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $352,000 | +8.3% | $123 / Sq Ft |
| 08/20/2023 08/20/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | For Sale | $325,000 | 0.0% | $114 / Sq Ft |
| 08/03/2023 08/03/23 | For Sale | $325,000 | -- | $114 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,468 | $352,500 | $45,000 | $307,500 |
| 2023 | $1,938 | $245,300 | $36,000 | $209,300 |
| 2022 | $1,938 | $245,300 | $36,000 | $209,300 |
| 2021 | $1,938 | $245,300 | $36,000 | $209,300 |
| 2020 | $1,938 | $245,300 | $36,000 | $209,300 |
| 2019 | $1,770 | $224,000 | $35,000 | $189,000 |
| 2018 | $1,770 | $224,000 | $35,000 | $189,000 |
| 2017 | $1,770 | $224,000 | $35,000 | $189,000 |
| 2016 | $1,770 | $224,000 | $35,000 | $189,000 |
| 2015 | $1,544 | $214,400 | $35,000 | $179,400 |
| 2014 | $1,544 | $214,400 | $35,000 | $179,400 |
| 2010 | -- | $214,400 | $35,000 | $179,400 |
Source: Public Records
Agents Affiliated with this Home
-
Katy Cookston
Seller's Agent in 2023
Katy Cookston
KELLER WILLIAMS COASTAL VIRGINIA
(540) 520-8402
2 in this area
231 Total Sales
-
Rick Stover
Buyer's Agent in 2023
Rick Stover
RE/MAX
(540) 354-9628
5 in this area
449 Total Sales
-
Ryan Nicely
Buyer Co-Listing Agent in 2023
Ryan Nicely
RE/MAX
(540) 769-9019
5 in this area
454 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 900490
APN: 108A(1)BK4-13
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