NOT LISTED FOR SALE

1186 Lusters Gate Rd Blacksburg, VA 24060

Estimated Value: $30,000 - $161,000

1 Bed
-- Bath
520 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $30,000 $58 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $419/month

95 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Bungalow
  • Margaret Beeks Elementary School Rated A-
  • Porch
  • Wood Siding

About This Home

As of September 2023

Serious Handyman Special! Small bungalow right past the single lane tunnel on Lusters Gate on a half acre with multiple outbuildings. Home has a well that is currently not functioning. No electric currently running to the home and no septic however there is a vintage outhouse. Please use extreme caution when entering. Bring your imagination and see what you might be able to do with this unique property!

Last Agent to Sell the Property

Bige Bowling

Coldwell Banker Townside Bburg License #0225242660 Listed on: 06/22/2023

Coldwell Banker Townside Bburg

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $185

Year Built

  • Built in 1930

Lot Details

  • 0.52

Home Design

  • 520 Sq Ft Home
  • Bungalow
  • Wood Siding

Outdoor Features

  • Storage Shed
  • Porch

Additional Features

  • Electric Range
  • 1 Primary Bedroom on Main
  • 0.52 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 021387

Home Details

Home Type

Single Family

Est. Annual Taxes

$185

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 520
  • Class: Residential
  • County Or City: Montgomery
  • Legal Description: N R L CO LOT 21 BLK 1
  • Lvt Date: 06/22/2023
  • Master On Main: Yes
  • Number Rooms: 3
  • Parcel Nbr: 021387
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Appliances: Range/Electric, Refrigerator
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Porch, Storage Shed
  • Exterior Finish: Wood

Condo/Co-op/Association

  • HOA: None

Schools

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

Lot Info

  • Lot Size: 22476.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 21, 2023
Sold by
Herling Paul J
Bought by
Spurlock Addison
Seller's Agent
Bige Bowling
Coldwell Banker Townside Bburg
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$49,500
Sold Price
$30,000
Premium/Discount to List
-$19,500
-39.39%
Views
410
Current Estimated Value
$74,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,713
Avg. Annual Appreciation
117.95%

Purchase Details

Closed on
Nov 12, 2003
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Spurlock Addison $30,000 Fidelity National Title
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $30,000 -39.4% $58 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $49,500 -- $95 / 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 $185 $24,300 $19,200 $5,100
2024 $182 $24,300 $19,200 $5,100
2023 $170 $24,300 $19,200 $5,100
2022 $239 $26,800 $19,200 $7,600
2021 $239 $26,800 $19,200 $7,600
2020 $239 $26,800 $19,200 $7,600
2019 $239 $26,800 $19,200 $7,600
2018 $209 $23,500 $16,600 $6,900
2017 $209 $23,500 $16,600 $6,900
2016 $209 $23,500 $16,600 $6,900
2015 $209 $23,500 $16,600 $6,900
2014 $360 $40,400 $33,300 $7,100
Source: Public Records

Agents Affiliated with this Home

  • Bige Bowling

    Seller's Agent in 2023

    Bige Bowling

    Coldwell Banker Townside Bburg

    (978) 473-0587

    49 Total Sales

    Bige Bowling
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Non-MLS

    Non-MLS Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 418450

New River Valley Association of REALTORS®

APN: 021387

Virginia Montgomery County Blacksburg 24060

1186 Lusters Gate Rd, Blacksburg, VA

This home is located at 1186 Lusters Gate Rd, Blacksburg, VA 24060 since 22 June 2023 and is currently estimated at $74,713, approximately $143 per square foot. This property was built in 1930. 1186 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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