NOT LISTED FOR SALE

112 Lambsburg Rd Fancy Gap, VA 24328

Estimated Value: $192,000 - $302,000

2 Beds
2 Baths
1,303 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $225,000 $173 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,555/month

43 Days on Market

Highlights

  • Home fronts a pond
  • 2.4 Acre Lot
  • Deck
  • Pond View
  • Mature Trees
  • Newly Painted Property

About This Home

As of May 2022

This Beautiful, newly remodeled home with large pond, borders the blue ridge parkway at milepost 206. Home features 2 Bedrooms, 2 full Bathrooms, All new butcher block countertops, completely remodeled bathrooms, new paint, new heat pump, water heater, new flooring, lighting, beautifully redone brick fireplace, new appliances and much more! Outside you'll find a large fishpond with bass and carp, 2.4 clear acres with rolling pastureland behind property, restored outbuilding and new decking, only a 15-minute drive to the Blue Ridge Music Center, conveniently located between Hillsville and Galax and close to I 77. This home would make a great full-time residence or a vacation home, With the location near the historic Blue Ridge Parkway and all the local attractions, it could be a lucrative VRBO also.

Last Agent to Sell the Property

Sheri Turman

Turman & Associates Realty LLC License #0225077914 Listed on: 02/24/2022

Last Buyer's Agent

Julie Trent

Kyle Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1986

Lot Details

  • 2.4 Acre Lot
  • Home fronts a pond
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,303 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Carpet
  • Pond Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Oakland Elementary School
  • Carroll County Intermediate
  • Carroll County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,205

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.4
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From I 77 S take Exit 8 at Fancy Gap. At end of ramp turn right onto chances creek road. In 6.5 miles turn left onto Lambsburg Road, property will be on right.
  • Above Grade Finished Sq Ft: 1303
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Washer, Refrigerator, Dryer, Dishwasher, Range Hood, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Wood Burning
  • Fireplace: Yes
  • Flooring: Newer Floor Covering, Carpet
  • Interior Amenities: Newer Paint, Ceiling Fan(s), Walk-In Closet(s), Central Vacuum
  • Living Area: 1303
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Rolling/Sloping, Cleared, Waterfront
  • View: Pond
  • View: Yes
  • Waterfront Features: Waterfront, Pond
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Mature Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakland
  • High School: Carroll County
  • Middle Or Junior School: Carroll County Intermediate

Lot Info

  • Lot Size Sq Ft: 104544
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1205
  • Tax Map Number: 140-13-1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 25, 2022
Sold by
Michael Grove David and Michael Judy H
Bought by
Mazzatenta Kathleen
Seller's Agent
Sheri Turman
Turman & Associates Realty LLC
Buyer's Agent
Julie Trent
Kyle Realty, Inc.
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$272,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,118
Avg. Annual Appreciation
4.18%
Original Mortgage
$180,000
Outstanding Balance
$171,485
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$85,002

Purchase Details

Closed on
Sep 27, 2021
Sold by
Gaither Gary N and Gaither Joanna J
Bought by
Grove David Michael and Grove Judy H

Purchase Details

Closed on
Sep 1, 2010
Sold by
Grove David R
Bought by
Gaither Gary N and Gaither Joanna J

Purchase Details

Closed on
Feb 15, 2006
Sold by
Grove David R and Grove Judith
Bought by
Grove David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2005
Sold by
Grove David R and Grove Judith
Bought by
Grove David R and Grove Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,300
Interest Rate
6.12%
Mortgage Type
New Conventional
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
Mazzatenta Kathleen $225,000 Tolbert & Tolbert Llp
Grove David Michael $125,000 None Available
Grovi David Michael $125,000 None Listed On Document
Gaither Gary N $169,000 None Available
Grove David R -- None Available
Grove David R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzatenta Kathleen $180,000
Previous Owner Grove David R $29,500
Previous Owner Grove David R $112,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $225,000 -9.6% $173 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $249,000 -- $191 / Sq Ft
Source: Southwest Virginia 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
2024 $777 $131,700 $20,900 $110,800
2023 $777 $131,700 $20,900 $110,800
2022 $854 $174,700 $66,600 $108,100
2021 $1,118 $174,700 $66,600 $108,100
2020 $1,186 $162,500 $66,600 $95,900
2019 $1,129 $162,500 $66,600 $95,900
2018 $1,129 $162,500 $66,600 $95,900
2017 $1,129 $162,500 $66,600 $95,900
2016 $1,144 $168,200 $66,600 $101,600
2015 -- $168,200 $66,600 $101,600
2014 -- $168,200 $66,600 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81629

APN: 140-13-1