NOT LISTED FOR SALE

1407 Palmer Dr Blacksburg, VA 24060

Grissom-Highland Neighborhood

Estimated Value: $389,000 - $474,000

3 Beds
2.5 Baths
1,744 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $378,250 $217 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,492/month

2 Days on Market

Highlights

  • Property is near public transit
  • Living Room with Fireplace
  • Wood Flooring
  • Margaret Beeks Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of October 2022

Incredibly well-maintained home in popular Highland Park! This 3BR home features tons of thoughtful updates while preserving its classic charm, including extensive waterproofing/sealing of foundation, extra insulation for energy efficiency, newer windows, repainted wood (cedar) siding, brick carport, & lovely primary BR addition w/ eco-friendly green roof system! Upon entry, you will notice HW floors throughout, a wood-burning fireplace in the living room & large windows all around for an abundance of natural light. The primary BR features wide plank HW flooring & is separated from the other generously-sized BRs by flex space – perfect for an office, study, or nursery. This addition is well-insulated by the green roof design & has sliding doors to the backyard – a stunning, peaceful oasis, right in the heart of Blacksburg. The basement provides a laundry area, partial bathroom, lots of storage, & can easily be finished for more living space! Close to shopping, schools, parks, & VT!

Last Agent to Sell the Property

Kelly Griffin

Coldwell Banker Townside Bburg License #0225222879 Listed on: 10/05/2022

Coldwell Banker Townside Bburg

Last Buyer's Agent

Nancy Phillips

Coldwell Banker Townside Bburg License #225162546

Coldwell Banker Townside Bburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Garden
  • Property is in very good condition
  • Property is zoned Residential 4

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Plaster Walls
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,744 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Attic Access Panel
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2.5 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom
  • Laundry in Basement
  • 1 Bathroom in Basement

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001518

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,583

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 1744
  • Cable Internet Company: Comcast
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2006012537
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: HIGHLAND PARK ADD LOT 17 SEC 1
  • Lvt Date: 10/05/2022
  • Master On Main: Yes
  • Miscellaneous: Breakers, Near Pub Transport
  • Number Rooms: 7
  • Parcel Nbr: 001518
  • Patio Dim Descrip: backyard, gravel
  • Porch Dim Descrip: 7 x 5 (f); 6 x 4 (b)
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 1
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 3
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Ranch
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dishwasher, Dryer Hookup-Elec, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Concrete Floor, Full, Laundry, Partitioned, Shower Facilities, Sump Pump
  • Bedrooms: 3
  • Fireplace: Living Room, Woodburning
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Walls-Plaster

Exterior Features

  • Exterior Features: Blacktop Driveway, Garden Space, Insulated Glass, Porch, Quality Landscaping, Patio
  • Exterior Finish: Brick, Wood
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Carport/Single

Utilities

  • Heating: Forced Air, Oil
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Margaret Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: Subdivision
  • Lot Size: 14984.64
  • Zoning: Residential 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Oct 27, 2022
Sold by
Bieri David S
Bought by
Lofton James A and Lofton Bonnie P
Seller's Agent
Kelly Griffin
Coldwell Banker Townside Bburg
Buyer's Agent
Nancy Phillips
Coldwell Banker Townside Bburg
List Price
$359,000
Sold Price
$378,250
Premium/Discount to List
$19,250
5.36%
Current Estimated Value
$427,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,046
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Oct 27, 2006
Source: Public Records

Range of Values:

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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
Lofton James A $378,250 --
-- $187,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $378,250 +5.4% $217 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $359,000 -- $206 / 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 $2,583 $339,900 $80,000 $259,900
2024 $2,549 $339,900 $80,000 $259,900
2023 $2,262 $323,200 $80,000 $243,200
2022 $1,957 $219,900 $65,000 $154,900
2021 $1,957 $219,900 $65,000 $154,900
2020 $1,957 $219,900 $65,000 $154,900
2019 $1,957 $219,900 $65,000 $154,900
2018 $1,677 $188,400 $65,000 $123,400
2017 $1,677 $188,400 $65,000 $123,400
2016 $1,677 $188,400 $65,000 $123,400
2015 $1,677 $188,400 $65,000 $123,400
2014 $1,613 $181,200 $55,000 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Griffin

    Seller's Agent in 2022

    Kelly Griffin

    Coldwell Banker Townside Bburg

    (540) 455-3184

    5 in this area

    102 Total Sales

    Kelly Griffin
    Section Image
  • Nancy Phillips

    Buyer's Agent in 2022

    Nancy Phillips

    Coldwell Banker Townside Bburg

    (540) 320-2682

    2 in this area

    91 Total Sales

    Nancy Phillips
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 416500

New River Valley Association of REALTORS®

APN: 001518

Virginia Montgomery County Blacksburg 24060 Grissom-Highland

1407 Palmer Dr, Blacksburg, VA

This home is located at 1407 Palmer Dr, Blacksburg, VA 24060 since 05 October 2022 and is currently estimated at $427,296, approximately $245 per square foot. This property was built in 1954. 1407 Palmer Dr is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg 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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