NOT LISTED FOR SALE

1229 Laymantown Rd Troutville, VA 24175

Estimated Value: $344,000 - $356,323

3 Beds
2 Baths
2,350 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $215,500 $92 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,062/month

70 Days on Market

Highlights

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

About This Home

As of November 2018

Lakefront- Wonderful updated brick ranch with gleaming hardwood floors, open floor plan, great views of Rainbow Lake. Private setting with 1.6 acres for outdoor enjoyment. Lovely landscaping. NEW HVAC, newer roof, & hot water heater, water softener & water filtration system. Beautifully renovated kitchen with Thomasville Kitchen Cabinets. Oversized family room with tons of light and built-in bookcases/closet could be used for an additional bedroom. Lots of light, lake and mountain views. Conveniently located to Roanoke and area amenities. Rainbow Lake Association allow for swimming and recreational boating, trolling motors only. Association Annual Fee $125.00 per year, not mandatory to join. Basement mother-in-law suite opportunity with kitchenette, wired for range.

Last Buyer's Agent

Lisa Martin

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH License #0225186662

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1963

Lot Details

  • 1.6 Acre Lot
  • Fenced Yard
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden

Property Views

  • Lake
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Storm Doors

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 1 Covered Space
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • Rainbow Forest Subdivision

Recreation

  • Community Beach Access
  • Trails

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,052

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Fenced Yard, Garden Space, Patio, Paved Driveway
  • Views: Lake, Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1350.00
  • ExteriorDoors: Insulated Storm, Metal
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2350
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2018-10-19
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Botetourt
  • Total Above Grd Fin S Q F T: 1350
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2350.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.60

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 1052.00
  • FILLTAXID: 108A(1)BK2-3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Aaron Steven Lee
Bought by
Arron Steven Lee and Winters Grace Caroline
Current Estimated Value
$349,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,650
Outstanding Balance
$168,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,445

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 13, 2018
Sold by
Sanborn Roger K and Sanborn Judith C
Bought by
Aaron Steven Lee
Buyer's Agent
Lisa Martin
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH
List Price
$224,950
Sold Price
$215,500
Premium/Discount to List
-$9,450
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$183,175
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Arron Steven Lee -- None Available
Aaron Steven Lee $215,500 First Choice Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arron Steven Lee $188,650
Previous Owner Aaron Steven Lee $183,175
Previous Owner Sanborn Roger K $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $215,500 -4.2% $92 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $224,950 -- $96 / 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 $1,964 $280,600 $45,000 $235,600
2024 $1,964 $280,600 $45,000 $235,600
2023 $1,487 $188,200 $36,000 $152,200
2022 $1,487 $188,200 $36,000 $152,200
2021 $1,487 $188,200 $36,000 $152,200
2020 $1,487 $188,200 $36,000 $152,200
2019 $1,052 $133,200 $35,000 $98,200
2018 $1,052 $133,200 $35,000 $98,200
2017 $1,052 $133,200 $35,000 $98,200
2016 $1,052 $133,200 $35,000 $98,200
2015 $987 $137,100 $35,000 $102,100
2014 $987 $137,100 $35,000 $102,100
2010 -- $137,100 $35,000 $102,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 851323

Roanoke Valley Association of REALTORS®

APN: 108A(1)BK2-3