NOT LISTED FOR SALE

1277 Wards Gap Rd Cana, VA 24317

Estimated Value: $197,000 - $272,000

4 Beds
1 Bath
1,600 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $175,000 $109 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,324/month

14 Days on Market

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • No HOA
  • 9.5 Acre Lot
  • Wood Flooring
  • Cottage

About This Home

As of January 2023

This property has beautiful views of the Blue Ridge Mountains-can actually see I-77. Good pasture/hay land that is mostly fenced. Great for folks that are want a small farm; This house can be brought back to its original beauty with lots of TLC. Has metal roof and replacement windows. The upstairs has 390 SF but is not heated. Included in heated SF; Most of the house has pine walls and ceilings. This is a multi use property; has metal building w/shed-metal roof-23x24; Block building 34x40 plus 24x13 that has been used as a small apartment. Has 1 Bathroom, shingle roof; Block garage 30x30 w/2 10' roll up doors-great auto repair or auto service area. There is no zoning so you are free to have the business and resident or use for your own hobbies.

Last Agent to Sell the Property

Dawn Simpson

Garson McMillian Real Estate and Auction Co., Inc. License #108630 Listed on: 12/05/2022

Last Buyer's Agent

Dawn Simpson

Garson McMillian Real Estate and Auction Co., Inc. License #108630 Listed on: 12/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 1940

Lot Details

  • 9.5 Acre Lot
  • Partially Fenced Property
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • 1,453 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Property Views
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating System
  • No Heating
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 163A152
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$790

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 9.5
  • Lot Size: 000 x 000 x 000 x 000
  • Subdivision Name: None
  • Directions: From Mt. Airy go N. Main Street, keep left at Circle K, follow Wards Gap Road crossing NC.VA state line, go passed Fishlake Rd., property on Left. Great Views of the Blue Ridge Mountains.
  • Above Grade Finished Sq Ft: 1453
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Accessibility Features: 2 or more Access Exits, Accessible Parking
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1453
  • Main Level Bathrooms: 1
  • Attic Description: Permanent Stairs, Remarks
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden, Remarks
  • Fencing: Fenced, Partial
  • Lot Features: Horses Allowed, Cleared, Partially Wooded, Pasture, See Remarks, Views
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Field, Garage, See Remarks, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: None
  • Heating: Forced Air, See Remarks, Oil
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 163A152
  • Zoning: None
  • TRIADMLS_PricePerAcre: 18421.0526
  • TRIADMLS_DeedPage: 0295
  • TRIADMLS_DeedBook: 508
  • TRIADMLS_AcresRange: 9 - 10

Tax Info

  • Tax Annual Amount: 790.4
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 26, 2023
Sold by
Harold Aline F
Bought by
Spicer Benjamin T and Spicer Stacy
Seller's Agent
Dawn Simpson
Garson McMillian Real Estate and Auction Co., Inc.
Buyer's Agent
Dawn Simpson
Garson McMillian Real Estate and Auction Co., Inc.
List Price
$259,900
Sold Price
$175,000
Premium/Discount to List
-$84,900
-32.67%
Views
73
Current Estimated Value
$237,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,041
Avg. Annual Appreciation
9.01%
Original Mortgage
$190,000
Outstanding Balance
$185,049
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$35,093
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
Spicer Benjamin T $175,000 Appalachian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spicer Benjamin T $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $175,000 -32.7% $135 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $259,900 -- $200 / Sq Ft
Source: Triad MLS

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 $861 $175,700 $52,000 $123,700
2024 $729 $123,500 $44,300 $79,200
2023 $729 $123,500 $44,300 $79,200
2022 $790 $123,500 $44,300 $79,200
2021 $790 $123,500 $44,300 $79,200
2020 $825 $113,000 $44,300 $68,700
2019 $785 $113,000 $44,300 $68,700
2018 $785 $113,000 $44,300 $68,700
2017 $785 $113,000 $44,300 $68,700
2016 $840 $123,500 $50,000 $73,500
2015 -- $123,500 $50,000 $73,500
2014 -- $123,500 $50,000 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1091193

Triad MLS

APN: 163-A-152