NOT LISTED FOR SALE

1195 Laymantown Rd Troutville, VA 24175

Estimated Value: $321,000 - $332,000

4 Beds
2 Baths
1,958 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $225,000 $115 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,946/month

12 Days on Market

Highlights

  • Community Beach Access
  • Lake View
  • No HOA
  • Colonial Elementary School Rated A-
  • Deck
  • Covered Patio or Porch

About This Home

As of October 2020

Lakefront, move-in ready split foyer on Rainbow Forest Lake! Pristine setting with large and nearly flat yard that is perfect for recreation or relaxation by the lake. Lots of efficient space with 3 bedrooms upstairs and another in the basement. Two family rooms, including one with a bar in the basement. Oversized laundry and storage area in basement. Shed and carport allow for additional storage along with fenced area for storage of outdoor equipment. Covered deck on main floor and concrete patio off of den in basement. Great family friendly neighborhood that has beach club, recreational building, and new elementary school being constructed down the street. Be sure to see the 3D virtual tour!

Last Agent to Sell the Property

Jay Kilby

RE/MAX ALL STARS License #0225175819 Listed on: 09/09/2020

RE/MAX ALL STARS

Last Buyer's Agent

Bradley Greenway

GREENWAY GROUP REALTORS License #0225230986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1971

Lot Details

  • Gentle Sloping Lot
  • Property is zoned R1

Home Design

  • Split Foyer
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Den with Fireplace
  • Storage
  • Laundry on main level
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Colonial Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • No Home Owners Association
  • Rainbow Forest Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,364

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Den
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway, Storage Shed
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1170.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2220
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 788.00
  • Major Area: 07 - Botetourt County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2020-09-21
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1170
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1958.00
  • TotalUnfin Sq Ft: 262.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 262.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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 - 4BR
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

  • Elementary School: Colonial
  • Middle School: Read Mountain
  • High School: Lord Botetourt

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Lot: 1
  • ZoningCode: R1

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 1364.33
  • FILLTAXID: 108A(1)BK2-1

MLS Schools

  • Elementary School: Colonial
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 19, 2020
Sold by
Fleming Joyce
Bought by
Whitaker Richard L and Whitaker Patrece
Seller's Agent
Jay Kilby
RE/MAX ALL STARS
Buyer's Agent
Bradley Greenway
GREENWAY GROUP REALTORS
List Price
$224,950
Sold Price
$225,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$328,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,089
Avg. Annual Appreciation
8.42%
Original Mortgage
$191,250
Outstanding Balance
$172,115
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,765
Source: Public Records

Range of Values:

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Average Value
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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
Whitaker Richard L $225,000 Colonial Title & Stlmnt Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Richard L $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $225,000 0.0% $115 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $224,950 -- $115 / 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
2024 $1,798 $256,800 $45,000 $211,800
2023 $1,364 $172,700 $36,000 $136,700
2022 $1,364 $172,700 $36,000 $136,700
2021 $1,364 $172,700 $36,000 $136,700
2020 $1,364 $172,700 $36,000 $136,700
2019 $1,202 $152,200 $35,000 $117,200
2018 $1,202 $152,200 $35,000 $117,200
2017 $1,202 $152,200 $35,000 $117,200
2016 $1,202 $152,200 $35,000 $117,200
2015 $1,119 $155,400 $35,000 $120,400
2014 $1,119 $155,400 $35,000 $120,400
2010 -- $155,400 $35,000 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873148

Roanoke Valley Association of REALTORS®

APN: 108A(1)BK2-1