NOT LISTED FOR SALE

1224 Laurel Ridge Mill Rd Riner, VA 24149

Estimated Value: $253,000 - $431,000

3 Beds
2 Baths
2,100 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $123,000 $59 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,830/month

491 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • No HOA
  • Main Floor Primary Bedroom
  • Private Yard
  • Skylights

About This Home

As of October 2019

PRICED WELL BELOW TAX ASSESSMENT! Imagine sitting by the fire in an 1850’s era, hand hewn, 3 bedroom, 2 bathroom chestnut log farmhouse that is situated on a serene 1.25 acres. The seller has spent many years enjoying this piece of history in its present form, yet it is primed for your own desired updates! Additional amenities include an outdoor entertaining area, featuring a large inviting front porch, beautiful brick patio, lily pond, an 800 square foot detached workshop/garage and plenty of off-road parking for family and friends. Located halfway between Virginia Tech and the Floyd Country Store, this farmhouse is your private little piece of country Heaven, yet it is so close to local conveniences and community events. This property is being sold "as is". A recent inspection is on file and can be shared upon request. Come see this peaceful, unique property. SERIOUS AND PREAPPROVED OR CASH INQUIRIES ONLY PLEASE!

Last Agent to Sell the Property

Rayne Stenger

Nest Realty SWVA License #0225217449 Listed on: 05/02/2018

Nest Realty SWVA

Last Buyer's Agent

Marshall Anderson

Long & Foster - Blacksburg License #225052369

Long & Foster - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $170

Year Built

  • Built in 1850

Lot Details

  • 1.26 Acre Lot
  • Rural Setting
  • Private Yard
  • Garden
  • Property is in good condition
  • Property is zoned Agricultural

Home Design

  • Farmhouse Style Home
  • Repairs Needed
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Ventless Fireplace
  • Gas Log Fireplace
  • Attic Access Panel
  • Gas Range
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Parking

  • 2 Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

  • Electric Baseboard Heater
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033216

Home Details

Home Type

Single Family

Est. Annual Taxes

$170

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Appearance: Good, Needs Repair
  • Estimated Total Finished Sq Ft: 2100
  • Estimated Upper Finished Sq Ft: 798
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: LAUREL RIDGE
  • Lvt Date: 05/02/2018
  • Master On Main: Yes
  • Miscellaneous: Breakers, Propane Tank- Leased
  • Number Rooms: 7
  • Parcel Nbr: 033216
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 1
  • Room Level Bedrooms Main: 1
  • Room Level Bedrooms Uppe: 2
  • Style Structure Home: Farm House
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood, Vinyl
  • Appliances: Range/Gas, Refrigerator, Washer
  • Attic: Access Only
  • Bedrooms: 3
  • Fireplace: Gas Logs/Ventless
  • Full Bathrooms: 2
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Laundry On Main, Pantry, Skylight

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Porch, Private Yard, Storage Shed, Patio
  • Exterior Finish: Aluminum
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Carport/Double

Utilities

  • Heating: Baseboard-Electric, Gas-Propane
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Auburn
  • Middle School: Auburn
  • High School: Auburn

Lot Info

  • Land Description: Road Frontage, Rural, State Maintained Rd, View
  • Lot Size: 54667.8
  • Zoning: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Scott Tripp Adam
Bought by
Altizer Samuel K and Mayo-Glesner Suzanne Elizabeth
Current Estimated Value
$342,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Outstanding Balance
$185,856
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$156,650

Purchase Details

Listed on
May 2, 2018
Closed on
Oct 11, 2019
Sold by
Virginia Mead Susan
Bought by
Tripp Adam Scott
Seller's Agent
Rayne Stenger
Nest Realty SWVA
Buyer's Agent
Marshall Anderson
Long & Foster - Blacksburg
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Original Mortgage
$116,850
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
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
Altizer Samuel K $225,000 Fidelity National Title
Tripp Adam Scott $123,000 Fidelity National Title
-- $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altizer Samuel K $218,250
Previous Owner Tripp Adam Scott $116,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $123,000 -4.7% $59 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $129,000 0.0% $61 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $129,000 -7.5% $61 / Sq Ft
10/19/2018 10/19/18 Price Changed $139,500 -4.8% $66 / Sq Ft
10/02/2018 10/02/18 Price Changed $146,500 -0.3% $70 / Sq Ft
07/16/2018 07/16/18 Price Changed $147,000 -2.0% $70 / Sq Ft
05/02/2018 05/02/18 For Sale $150,000 -- $71 / 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 $170 $223,500 $26,300 $197,200
2024 $1,676 $223,500 $26,300 $197,200
2023 $1,565 $223,500 $26,300 $197,200
2022 $1,227 $137,900 $26,300 $111,600
2021 $1,227 $137,900 $26,300 $111,600
2020 $1,227 $137,900 $26,300 $111,600
2019 $1,227 $137,900 $26,300 $111,600
2018 $1,250 $140,500 $26,300 $114,200
2017 $1,250 $140,500 $26,300 $114,200
2016 $1,250 $140,500 $26,300 $114,200
2015 $1,250 $140,500 $26,300 $114,200
2014 $1,272 $142,900 $26,300 $116,600
Source: Public Records

Agents Affiliated with this Home

  • Rayne Stenger

    Seller's Agent in 2019

    Rayne Stenger

    Nest Realty SWVA

    (540) 641-4006

    132 Total Sales

    Rayne Stenger
    Section Image
  • Marshall Anderson

    Buyer's Agent in 2019

    Marshall Anderson

    Long & Foster - Blacksburg

    (540) 320-7653

    110 Total Sales

    Marshall Anderson
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 401593

New River Valley Association of REALTORS®

APN: 033216

Virginia Montgomery County Riner 24138

1224 Laurel Ridge Mill Rd, Riner, VA

This home is located at 1224 Laurel Ridge Mill Rd, Riner, VA 24149 since 02 May 2018 and is currently estimated at $342,506, approximately $163 per square foot. This property was built in 1850. 1224 Laurel Ridge Mill Rd is a home located in Montgomery County with nearby schools including Auburn Elementary School, Auburn Middle School, and Auburn 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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