NOT LISTED FOR SALE

1263 River Ridge Rd SE Floyd, VA 24091

Estimated Value: $269,000 - $382,000

1 Bed
1.5 Baths
1,000 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $230,000 $230 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,871/month

Highlights

  • Newly Remodeled
  • No HOA
  • Gazebo
  • Stream or River on Lot
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of December 2020

12 Acres with 8 acres level open land, the rest good hillside grazing land and some woods. Bold stream and springs allow for unlimited water supply.Long frontage on 2 state roads. Partially fenced.1 bedroom 1 and 1/2 baths. The upstairs is unfinished for you to add your personal touch) modular house with many upgrades. Large stainless country sink, eating bar - so you can watch them cook, spacious covered front porch.Gazebo, 2-car garage with stairs to the large loft space, attached shed with front and side doors, covered walkway to the house, additional covered areas for equipment, and a Cinderblock root cellar.Don't miss your chance to purchase one of the prime mini-farms to come available in Floyd County recently.

Last Agent to Sell the Property

Sam Hardy

WOLTZ & ASSOCIATES Listed on: 09/10/2020

Last Buyer's Agent

Kaelyn Globig

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225213385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 12.2 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,000 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch
  • Gazebo

Schools

  • Check Elementary School
  • None Middle School
  • Floyd County High School

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,218

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Gazebo
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1000.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1732
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 11 - Floyd County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2020-10-19
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 1
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1000.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 732.00
  • Unfinished Attached S Q F T Upper Above Grd Unfin S Q F T: 732.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic - 1BR
  • Water Description: Spring
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: New Construction, Stream

Schools

  • Elementary School: Check
  • High School: Floyd County

Lot Info

  • Lot Description: Level Lot, Stream
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 12.20

Building Info

  • Year Built: 2018

Tax Info

  • Taxes (6 mo): 1218.00
  • FILLTAXID: 32-99

MLS Schools

  • Elementary School: Check
  • HighSchool: Floyd County
  • Middle School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 1, 2020
Sold by
Light Stephen A
Bought by
Colvin Carlos Sandoval and Murcia Alexandra Elise
Seller's Agent
Sam Hardy
WOLTZ & ASSOCIATES
Buyer's Agent
Kaelyn Globig
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
List Price
$249,500
Sold Price
$230,000
Premium/Discount to List
-$19,500
-7.82%
Current Estimated Value
$332,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,308
Avg. Annual Appreciation
7.87%
Original Mortgage
$184,000
Outstanding Balance
$164,107
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,201

Purchase Details

Closed on
Nov 13, 2018
Sold by
The Estate Of Robert Dale Vest
Bought by
Light Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
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
Colvin Carlos Sandoval $230,000 Attorney
Light Stephen A $164,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colvin Carlos Sandoval $184,000
Previous Owner Light Stephen A $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $230,000 -7.8% $230 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $249,500 -- $250 / 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 $1,291 $293,500 $107,200 $186,300
2024 $1,362 $203,300 $69,800 $133,500
2023 $1,321 $203,300 $69,800 $133,500
2022 $1,321 $203,300 $69,800 $133,500
2021 $1,281 $203,300 $69,800 $133,500
2020 $1,220 $203,300 $69,800 $133,500
2019 $889 $148,100 $64,200 $83,900
2018 $1,378 $229,600 $125,200 $104,400
2017 $1,263 $229,600 $125,200 $104,400
2016 $1,263 $229,600 $125,200 $104,400
2015 -- $229,600 $125,200 $104,400
2014 -- $234,300 $121,200 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873209

Roanoke Valley Association of REALTORS®

APN: 32-99