NOT LISTED FOR SALE

1384 Vernon Ln Blue Ridge, VA 24064

Estimated Value: $190,000 - $244,000

3 Beds
1 Bath
1,344 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $76,500 $57 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,281/month

16 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Central Air

About This Home

As of August 2013

Bring the horses! Farmhouse w/beautiful views in a quaint valley. Sold ''as-is'' ''where is'' no repairs by seller. This deal won't last-bring your cash. Owner occupant priority day 1-15, Investor day 16. Property qualifies for Homesteps Financing. Offer accepted awaiting signatures.

Last Agent to Sell the Property

Kathy Chandler

MKB, REALTORS(r) License #0225072523 Listed on: 06/09/2013

MKB, REALTORS(r)

Last Buyer's Agent

Christy Crouch

RE/MAX ALL POINTS License #0225020100

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 1945

Lot Details

  • 5.27 Acre Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,344 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Montvale Elementary School
  • Liberty High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$492

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 896.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1344
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2013-06-25
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1344
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1344.00
  • UpperAboveGrdFin Sq Ft: 448.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well

Schools

  • Elementary School: Montvale
  • High School: Liberty High

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.27

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 492.00
  • FILLTAXID: 89205060

MLS Schools

  • Elementary School: Montvale
  • HighSchool: Liberty High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Waller Jackie L and Waller Tracy R
Bought by
Mitchem Paul and Mitchem Victoria
Current Estimated Value
$226,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700
Outstanding Balance
$3,161
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$223,174

Purchase Details

Closed on
Feb 11, 2016
Sold by
Dicker Brent A and Dicker Linda K
Bought by
Waller Jackie L and Waller Tracy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2013
Closed on
Jul 29, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dicker Brent A and Dicker Linda K
Seller's Agent
Kathy Chandler
MKB, REALTORS(r)
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$54,900
Sold Price
$76,500
Premium/Discount to List
$21,600
39.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$72,675
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2013
Sold by
Settle Ronald K
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 23, 2010
Sold by
Settle Catherine R
Bought by
Settle Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Mitchem Paul $220,000 Chicago Title
Waller Jackie L $100,000 Attorney
Dicker Brent A $76,500 Fidelity National
Federal Home Loan Mortgage Corporation $85,107 None Available
Settle Ronald K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchem Paul $7,700
Open Mitchem Paul $216,015
Previous Owner Waller Jackie L $80,000
Previous Owner Dicker Brent A $19,300
Previous Owner Dicker Brent A $72,675
Previous Owner Settle Ronald K $86,000
Previous Owner Settle Cathrine R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $76,500 +39.3% $57 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
06/09/2013 06/09/13 For Sale $54,900 -- $41 / 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 $697 $169,900 $56,300 $113,600
2024 $697 $169,900 $56,300 $113,600
2023 $697 $84,950 $0 $0
2022 $553 $55,300 $0 $0
2021 $553 $110,600 $41,400 $69,200
2020 $553 $110,600 $41,400 $69,200
2019 $553 $110,600 $41,400 $69,200
2018 $558 $107,400 $41,400 $66,000
2017 $558 $107,400 $41,400 $66,000
2016 $558 $107,400 $41,400 $66,000
2015 $558 $107,400 $41,400 $66,000
2014 $512 $98,400 $34,900 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 793766

Roanoke Valley Association of REALTORS®

APN: 86-A-80A