NOT LISTED FOR SALE

1116 Preserve Ln Thaxton, VA 24174

Estimated Value: $250,000 - $359,000

4 Beds
2.5 Baths
1,780 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $264,950 $149 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,855/month

20 Days on Market

Highlights

  • Horses Allowed On Property
  • American Four Square Architecture
  • Covered Patio or Porch
  • Mountain View
  • No HOA
  • Balcony

About This Home

As of December 2021

THIS LOCATION QUALIFIES FOR USDA 100% FINANCING!! Beautiful 4 BR, 2 bath foursquare home has all the older characteristics with modern updates. A Beautiful Country location, situated on 3.99 acres, with close proximity to Roanoke, Bedford, Lynchburg, and Smith Mountain Lake VA. Lots of updated including new built ins, new tile shower, mudroom complete with Shiplap walls, private, park like setting, outdoor shed with electricity Double oven range, touch kitchen faucet, heated bathroom floors. Upper level balcony & great garden space. Horses Allowed!!!

Last Agent to Sell the Property

Tammy Shepherd

SHEPHERD REALTY GROUP License #0225018594 Listed on: 11/11/2021

Last Buyer's Agent

Amy Vest-Arnold

MKB, REALTORS(r) License #0225052323

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1921

Lot Details

  • 3.99 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Garden

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,780 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Attic Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Schools

  • Bedford Elementary School
  • Liberty High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Radiator
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Ductless, Forced Air Oil, Radiator Oil Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Refrigerator, Sump Pump
  • Cooling System: Central Cooling, Ductless
  • Outside Features: Balcony, Covered Porch, Garden Space, Storage Shed
  • Views: Mountain, Sunset
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 890.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1780
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 06 - Bedford County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2021-12-01
  • Residential Type: Detached
  • Style Of House: Foursquare
  • Total Above Grd Fin S Q F T: 1780
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1780.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 890.00
  • Water Class: N/A
  • Water Htr Energy: Propane
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Horses Permitted, Private Road

Schools

  • Elementary School: Bedford
  • Middle School: Other - See Remarks
  • High School: Liberty High

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 3.99

Building Info

  • Year Built: 1921

Tax Info

  • Taxes (6 mo): 1061.50
  • FILLTAXID: 107A A 32

MLS Schools

  • Elementary School: Bedford
  • HighSchool: Liberty High
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 14, 2021
Sold by
Zeller Judy M
Bought by
Palmer Philip David and Bower-Palmer Ashley Brooke
Seller's Agent
Tammy Shepherd
SHEPHERD REALTY GROUP
Buyer's Agent
Amy Vest-Arnold
MKB, REALTORS(r)
List Price
$284,950
Sold Price
$264,950
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$326,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,695
Avg. Annual Appreciation
8.19%
Original Mortgage
$211,960
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 29, 2018
Sold by
Jakubowicz Angela C
Bought by
Zeller Judy M
Seller's Agent
Julia Keep
FRONT PORCH REALTY
Buyer's Agent
Tammy Shepherd
SHEPHERD REALTY GROUP
List Price
$215,950
Sold Price
$214,000
Premium/Discount to List
-$1,950
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$203,300
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2013
Closed on
Feb 10, 2014
Sold by
Steady Jeffrey C and Steady Deborah A
Bought by
Jakubowicz Angela C
List Price
$183,000
Sold Price
$180,000
Premium/Discount to List
-$3,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$6,300
Interest Rate
4.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 27, 2007
Sold by
Steady Jeffrey C and Steady Deborah A
Bought by
Ferguson William G

Purchase Details

Closed on
Apr 20, 2005
Sold by
Steady Jennifer C and Steady Deborah A
Bought by
Lester C Ned
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
Palmer Philip David -- Priority Title
Zeller Judy M $214,000 Acquistion Title Settlement
Jakubowicz Angela C $180,000 None Available
Ferguson William G -- None Available
Lester C Ned -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palmer Philip David $211,960
Previous Owner Zeller Judy M $203,300
Previous Owner Jakubowicz Angela C $173,643
Previous Owner Jakubowicz Angela C $6,300
Previous Owner Jakubowicz Angela C $176,739
Previous Owner Steady Jeffrey C $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $264,950 -7.0% $149 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $284,950 +33.2% $160 / Sq Ft
07/02/2018 07/02/18 Sold $214,000 -0.9% $120 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $215,950 +20.0% $121 / Sq Ft
03/06/2014 03/06/14 Sold $180,000 -1.6% $107 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
08/04/2013 08/04/13 For Sale $183,000 -- $109 / Sq Ft
Source: Roanoke 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 $1,063 $259,300 $62,900 $196,400
2024 $1,063 $259,300 $62,900 $196,400
2023 $1,063 $129,650 $0 $0
2022 $1,062 $106,150 $0 $0
2021 $1,062 $212,300 $57,900 $154,400
2020 $1,062 $212,300 $57,900 $154,400
2019 $1,062 $212,300 $57,900 $154,400
2018 $921 $177,200 $52,900 $124,300
2017 $921 $177,200 $52,900 $124,300
2016 $921 $177,200 $52,900 $124,300
2015 $921 $177,200 $52,900 $124,300
2014 $709 $136,300 $41,900 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885309

Roanoke Valley Association of REALTORS®

APN: 107A-A-32