NOT LISTED FOR SALE

120 Wells Ln Troutville, VA 24175

Estimated Value: $531,000 - $588,000

4 Beds
3.5 Baths
3,046 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $478,000 $157 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,237/month

Highlights

  • Colonial Architecture
  • Mountain View
  • No HOA
  • Read Mountain Middle School Rated A-
  • Deck
  • Covered Patio or Porch

About This Home

As of July 2022

Looking for a private & peaceful like new (move-in ready) home on 4.96 acres? If so, this 4-5BR, 3.5 2-story Colonial 2-car attached garage with a rocking chair front porch is for you. Impressive entry due to gleaming hardwood floors, cathedral ceiling in foyer w/elegant staircase leading to open loft area. Open floor plan with kitchen, dining & living area (stone FP w/propane gas logs) & fullview backdoor leading to 16x10 private back deck. Separate DR (previously used as BR w/built-in closet). Additionally, entry floor includes laundry area, 1/2 bath, & pantry off kitchen w/easy access to garage. Upper level includes 3 BRs/2 full bath, bonus room (previously used as BR w/built-in closet & newer laminate flooring. Ensuite w/walk-in closet & tile floor bath. Lower level has full bath,

Last Buyer's Agent

John Smith

WEST LAKE REAL ESTATE License #0225223143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Lot Sloped Up

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • French Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Attached Garage
  • 7 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot 1D

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,950

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Covered Porch, Deck, Storage Shed
  • Views: Mountain
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1264.00
  • ExteriorDoors: French, Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3046
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable, Undetermined
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 410.00
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 672
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-05-19
  • Residential Type: Detached
  • Style Of House: 2 Story, Colonial
  • SubagentAuthorized: No
  • SubdivisionMap: Susan E.Foutz Plat
  • Total Above Grd Fin S Q F T: 2636
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3046.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 7.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1372.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Fireplace Blower, Maint-Free Exterior, Private Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Up Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.00
  • Lot: 1D

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 3949.61
  • FILLTAXID: 89(23)15

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 16, 2022
Sold by
Harmon Miller Jr Frank
Bought by
Frederickson Marvin and Frederickson Holly
Buyer's Agent
John Smith
WEST LAKE REAL ESTATE
List Price
$484,950
Sold Price
$478,000
Premium/Discount to List
-$6,950
-1.43%
Current Estimated Value
$558,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,281
Avg. Annual Appreciation
5.14%
Original Mortgage
$178,000
Outstanding Balance
$169,347
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$391,213
Source: Public Records

Range of Values:

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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
Frederickson Marvin $478,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederickson Marvin $178,000
Previous Owner Miller Frank Harmon $237,000
Previous Owner Miller Carrollynn $237,000
Previous Owner Miller Carrollynn L $100,000
Previous Owner Miller Carrollynn $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $478,000 -1.4% $157 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $484,950 -- $159 / 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 $3,158 $451,100 $72,800 $378,300
2024 $3,158 $451,100 $72,800 $378,300
2023 $2,648 $335,200 $62,800 $272,400
2022 $2,524 $319,500 $62,800 $256,700
2021 $2,524 $319,500 $62,800 $256,700
2020 $2,524 $319,500 $62,800 $256,700
2019 $2,215 $280,400 $62,800 $217,600
2018 $2,215 $280,400 $62,800 $217,600
2017 $2,215 $280,400 $62,800 $217,600
2016 $2,215 $280,400 $62,800 $217,600
2015 $2,087 $289,800 $62,800 $227,000
2014 $2,087 $289,800 $62,800 $227,000
2010 -- $289,800 $62,800 $227,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2022

    John Smith

    WEST LAKE REAL ESTATE

    (540) 580-9318

    80 Total Sales

    John Smith
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888797

Roanoke Valley Association of REALTORS®

APN: 89(23)15

Virginia Botetourt County Troutville 24175

120 Wells Ln, Troutville, VA

This home is located at 120 Wells Ln, Troutville, VA 24175 since 22 April 2022 and is currently estimated at $558,281, approximately $183 per square foot. This property was built in 2003. 120 Wells Ln is a home located in Botetourt County with nearby schools including Troutville Elementary School, Read Mountain Middle School, and Lord Botetourt 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.

Roanoke 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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