NOT LISTED FOR SALE

118 Ripshin Rd Troutdale, VA 24378

Estimated Value: $50,000 - $115,000

3 Beds
1 Bath
1,413 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $75,000 $53 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $397/month

69 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Farmhouse Style Home
  • Covered Patio or Porch
  • Grayson County High School Rated 9+
  • No HOA
  • Paneling

About This Home

As of March 2022

Old house charm in the Town of Troutdale! This older 3 bed / 1 bath farmhouse right in the heart of Troutdale is priced to sell and waiting on a new owner to bring it back to life. Home has had some updates to include a heat pump, updated kitchen, updated bath and laundry/mud room. This home is currently rented and would make a great rental property or full time residence. Two bedrooms are the only upstairs rooms which gives this home the benefit of one-floor living. There is a 2 car, detached garage, and two additional outbuildings for tons of storage. One is a root cellar type building and the other is a two story shop building that could house a hobby business or be converted into a rental property. Location is central to both Grayson and Smyth counties with close proximity to Grayson Highlands State Park and national forest entrances. Don't let this one pass by!

Last Agent to Sell the Property

Sara Baker

Tri-County Real Estate License #0225246130 Listed on: 01/03/2022

Last Buyer's Agent

Melanie Waugh

Homeland Real Estate License #0225205563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $222

Year Built

  • Built in 1900

Lot Details

  • 0.59 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Farmhouse Style Home
  • Fire Rated Drywall
  • Metal Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,413 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Oven or Range
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Grayson Highlands Elementary School
  • Grayson County Middle School
  • Grayson County High School

Utilities

  • No Cooling
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$222

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.589
  • Road Surface Type: Paved
  • Directions: From the stoplight in Independence at the intersection of U.S. 21 and U.S. 58, head west on U.S. 58 for 16.6 miles. Continue straight on VA-16 N for 6.7 miles. Take a sharp right on Ripshin Road. Property will be on the right.
  • Above Grade Finished Sq Ft: 1413
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Newer Floor Covering, Carpet, Vinyl
  • Interior Amenities: Paneling, Internet Availability Other/See Remarks
  • Living Area: 1413
  • Window Features: Insulated Windows, Some Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Aluminum Siding, Dry Wall
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Fair, Interior Condition: Fair
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, None
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grayson Highlands
  • High School: Grayson County
  • Middle Or Junior School: Grayson County

Lot Info

  • Lot Size Sq Ft: 25656.84
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 222.32
  • Tax Map Number: 29A-A-35
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Us Property Advisors Llc
Bought by
Smith David L
Current Estimated Value
$68,442

Purchase Details

Closed on
Aug 23, 2023
Sold by
Bare Steven Ray and Bare Corina Ray
Bought by
Us Property Advisors Llc

Purchase Details

Closed on
Mar 25, 2021
Sold by
Ball Michael W
Bought by
Bare Steven Ray and Bare Corina Ray

Purchase Details

Closed on
Dec 29, 2020
Sold by
Duvall Phillip D
Bought by
Ball Michael W
Source: Public Records

Range of Values:

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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
Smith David L -- None Listed On Document
Us Property Advisors Llc $40,000 True North Title
Bare Steven Ray $75,000 Fidelity National Title
Bare Steven Ray $75,000 Fidelity National Title
Ball Michael W $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duvall Phillip David $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $75,000 -6.1% $53 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $79,900 -- $57 / 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 $299 $55,400 $8,000 $47,400
2023 $515 $55,400 $8,000 $47,400
2022 $234 $55,400 $8,000 $47,400
2021 $450 $39,700 $8,000 $31,700
2020 $446 $39,700 $8,000 $31,700
2019 $351 $39,700 $8,000 $31,700
2018 $351 $39,700 $8,000 $31,700
2017 $351 $39,700 $8,000 $31,700
2016 -- $39,700 $8,000 $31,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81136

APN: 29A - A- - 35