NOT LISTED FOR SALE

1296 Luke Helms Rd Meadows of Dan, VA 24120

Estimated Value: $134,000 - $285,000

3 Beds
1 Bath
1,527 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $59,500 $39 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,244/month

269 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Vaulted Ceiling
  • Wood Burning Stove
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of August 2013

Scenic Patrick County awaits you from the front porch of this cute 3BR, 1BA cabin on 2.42 acres. Tucked away on a gravel drive, this property offers a touch of privacy while blending into the pastoral surroundings. The acreage can accommodate a large garden area and offers nice views to the northwest. Convenient to Meadows of Dan, the Blue Ridge Parkway, Mabry Mill, Chateau Morrisette, Martinsville Speedway, and more. Add some TLC and personal touches to turn this into a perfect rural hideaway. Priced tens of thousands below tax assessment. PLEASE NOTE: There are several issues with the house that will keep it from qualifying for most, if not all, types of financing. Contact your real estate agent for details.

Last Listed By

Greg Hounshell

NextHome New River Valley License #225091302 Listed on: 11/05/2012

NextHome New River Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 2003

Lot Details

  • Rural Setting
  • Secluded Lot
  • Garden
  • Property is in good condition

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,527 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • French Doors
  • Family Room with Fireplace
  • Crawl Space
  • Electric Range
  • Laundry on main level
  • Property Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 4515-73

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1527
  • Class: Residential
  • County Or City: Patrick
  • Deed Bk Pg Instrumnt: 120001708
  • Legal Description: Instrument Number 120001708
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Number Rooms: 6
  • Parcel Nbr: 4515-73
  • Porch Dim Descrip: 126 sf
  • Property Sub Type: Detached
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Range/Electric
  • Basement: Crawl Space
  • Bedrooms: 3
  • Fireplace: Family Room
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, French Doors, Laundry On Main, Pantry, Vaulted Ceiling

Exterior Features

  • Exterior Features: Deck, Garden Space, Porch
  • Exterior Finish: Wood
  • Roofing: Metal

Utilities

  • Heating: Baseboard-Electric, Wood Stove
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Patrick County
  • Elementary School: Meadows of Dan
  • High School: Patrick County

Lot Info

  • Land Description: Rural, Secluded Lot, View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Aug 20, 2013
Sold by
Stellarone Bank
Bought by
Kirk Kenneth P
Seller's Agent
Greg Hounshell
NextHome New River Valley
Buyer's Agent
Greg Hounshell
NextHome New River Valley
List Price
$107,500
Sold Price
$59,500
Premium/Discount to List
-$48,000
-44.65%
Total Days on Market
269
Current Estimated Value
$208,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,954
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Aug 23, 2012
Sold by
Moore Sub Tr Patrick K and Shelor Carl
Bought by
Stellarone Bank

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
Kirk Kenneth P $59,500 --
Stellarone Bank $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2013 08/22/13 Sold $59,500 -44.7% $39 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $107,500 -- $70 / 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 $1,054 $144,400 $24,900 $119,500
2024 $1,054 $144,400 $24,900 $119,500
2023 $1,054 $144,400 $24,900 $119,500
2022 $1,054 $144,400 $24,900 $119,500
2021 $982 $144,400 $24,900 $119,500
2020 $875 $128,700 $24,900 $103,800
2019 $875 $128,700 $24,900 $103,800
2018 $734 $128,700 $24,900 $103,800
2017 -- $128,700 $24,900 $103,800
2016 $734 $128,700 $24,900 $103,800
2015 -- $116,200 $24,900 $91,300
2014 -- $126,800 $29,900 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Greg Hounshell

    Seller's Agent in 2013

    Greg Hounshell

    NextHome New River Valley

    (276) 620-1562

    74 Total Sales

    Greg Hounshell
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 308210

New River Valley Association of REALTORS®

APN: 45150073

Virginia Patrick County Meadows Of Dan 24120

1296 Luke Helms Rd, Meadows Of Dan, VA

Homes for Sale in Meadows of Dan, VA

This home is located at 1296 Luke Helms Rd, Meadows of Dan, VA 24120 since 05 November 2012 and is currently estimated at $208,454, approximately $136 per square foot. This property was built in 2003. 1296 Luke Helms Rd is a home located in Patrick County with nearby schools including Patrick County 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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