NOT LISTED FOR SALE

1482 Clay St Blacksburg, VA 24060

Estimated Value: $574,000 - $834,000

4 Beds
2 Baths
2,020 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $321,750 $159 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,001/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • No HOA
  • Harding Avenue Elementary School Rated A
  • Private Yard
  • Storage Shed

About This Home

As of October 2022

ATTENTION INVESTORS! Very rare opportunity to purchase a rental property just outside Blacksburg Town limits in Montgomery County. Conveniently located just over 1 mile from downtown Blacksburg, this brick ranch has been divided into two separate rental properties. Each unit consists of 2 bedrooms, 1 bath, its' own heat pump, breaker box, etc. The property sits on just over an acre near the end of the cul-de-sac on Clay St. It is currently being rented and is anxiously awaiting its new owner!

Last Agent to Sell the Property

Josh Oakley

Century 21 Valley Real Estate Listed on: 08/19/2022

Century 21 Valley Real Estate

Last Buyer's Agent

Kristen Jacoby

GRAVITY Real Estate Group, Inc.

GRAVITY Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1940

Lot Details

  • 1.08 Acre Lot
  • Private Yard
  • Property is in good condition

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,020 Sq Ft Home
  • Living Room with Fireplace
  • Dirt Floor
  • Crawl Space
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Storage Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 032846

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,411

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 2020
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: ALLEGHANY MOUNTAIN, LOT
  • Lvt Date: 08/19/2022
  • Master On Main: Yes
  • Number Rooms: 8
  • Parcel Nbr: 032846
  • Property Sub Type: Detached
  • Rent Per Month: 700
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 4
  • Style Structure Home: Ranch
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Range/Electric, Refrigerator
  • Attic: Access Only
  • Basement: Crawl Space, Dirt Floor
  • Bedrooms: 4
  • Fireplace: Living Room
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Private Yard, Storage Shed
  • Exterior Finish: Brick

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Harding Av
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 47131.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Amethyst Llc
Bought by
J William Colbert Ii Declaration Of Trust and Joann Bandi Colbert Declaration Of Trust
Current Estimated Value
$694,125

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 28, 2022
Sold by
Demokins Llc
Bought by
Amethyst Llc
Seller's Agent
Josh Oakley
Century 21 Valley Real Estate
Buyer's Agent
Kristen Jacoby
GRAVITY Real Estate Group, Inc.
List Price
$305,000
Sold Price
$321,750
Premium/Discount to List
$16,750
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.45%
Original Mortgage
$257,400
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2002
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
J William Colbert Ii Declaration Of Trust $800,000 Fidelity National Title
Amethyst Llc $321,750 Fidelity National Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amethyst Llc $480,000
Previous Owner Amethyst Llc $257,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $321,750 +5.5% $159 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $305,000 -- $151 / 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 $2,411 $317,300 $76,000 $241,300
2024 $2,380 $317,300 $76,000 $241,300
2023 $2,221 $317,300 $76,000 $241,300
2022 $1,895 $212,900 $60,800 $152,100
2021 $1,895 $212,900 $60,800 $152,100
2020 $1,895 $212,900 $60,800 $152,100
2019 $1,895 $212,900 $60,800 $152,100
2018 $1,687 $189,600 $60,800 $128,800
2017 $1,687 $189,600 $60,800 $128,800
2016 $1,687 $189,600 $60,800 $128,800
2015 $1,687 $189,600 $60,800 $128,800
2014 $1,424 $160,000 $46,200 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 416151

New River Valley Association of REALTORS®

APN: 032846