NOT LISTED FOR SALE

1575 Walnut Knob Rd SE Floyd, VA 24091

Estimated Value: $265,000 - $404,000

3 Beds
2 Baths
1,461 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $355,500 $243 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,011/month

5 Days on Market

Highlights

  • Lake View
  • Wood Burning Stove
  • No HOA
  • Deck
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of March 2024

Beautiful home offering privacy on 2 acres with long-range mountain views! Located just over 1 mile from the Blue Ridge Parkway, this home is perfectly situated for enjoying great local music events, restaurants, hiking, biking, star gazing or just relaxing with nature, The new forever location for FloydFest is only 7 miles away. This quaint cottage features an open floor plan with vaulted ceiling, 3 bedrooms, 2 baths, workshop in the basement, plus 2 decks and screened porch for enjoying the breathtaking views. Many recent upgrades include a total kitchen remodel, new roof, furnace, French doors, storm doors, 8x12 fenced raised bed garden, garden shed, zipline with safety features, ring cameras, solar panel setup, and water filtration system. Fiber optic provides robust internet service.

Last Agent to Sell the Property

Marie Webb

ADVANTAGE REALTY LLC License #0225211066 Listed on: 02/15/2024

Last Buyer's Agent

Tonya Bredamus

KW MARTINSVILLE License #0225252569

KW MARTINSVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1980

Lot Details

  • 1.92 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Garden
  • Property is zoned NZ

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Drapes & Rods
  • French Doors
  • Screened Porch
  • Storage
  • Attic Fan
  • Storm Doors

Kitchen

  • Electric Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Shed

Schools

  • Ferrum Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Humidifier
  • Heating System Uses Gas
  • Underground Utilities
  • Shared Well
  • Propane Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Google Fiber

Listing and Financial Details

  • Tax Lot 4 and 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Attic Fan, Cathedral Ceiling, Ceiling Fan, Skylight, Storage, Wood Stove
  • Heating System: Gas - Propane, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Disposer, Humidifier, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Deck, Formal Garden, Garden Space, Screened Porch, Storage Shed
  • Views: Lake, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1461.00
  • ExteriorDoors: French, Insulated Storm
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2922
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: Citizens
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-02-20
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: Indian Campground
  • Total Above Grd Fin S Q F T: 1461
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1461.00
  • TotalUnfin Sq Ft: 1461.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Other Above Grd Unfin S Q F T: 1461.00
  • Water Class: N/A
  • Water Htr Energy: Propane
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Shared Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-de-sac, Underground Util

Schools

  • Elementary School: Ferrum
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Green Features

  • Energy Features: Attic Fan, Wood Stove

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.92
  • Lot: 4 and 5
  • ZoningCode: NZ

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 778.36
  • FILLTAXID: 0780100400 & 0780100500

MLS Schools

  • Elementary School: Ferrum
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 27, 2024
Sold by
Jennifer Vecchio Revocable Trust and Vecchio Jennifer
Bought by
Davis Peter E and Wilson-Davis Stephanie
Seller's Agent
Marie Webb
ADVANTAGE REALTY LLC
Buyer's Agent
Tonya Bredamus
KW MARTINSVILLE
List Price
$349,900
Sold Price
$355,500
Premium/Discount to List
$5,600
1.6%
Views
116
Current Estimated Value
$350,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,906
Avg. Annual Appreciation
-1.02%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Aug 28, 2020
Sold by
Teague Carlyle M and Teague Linda C
Bought by
Vecchio Benjamin and Vecchio Jennifer
Seller's Agent
Marie Webb
ADVANTAGE REALTY LLC
Buyer's Agent
Marie Webb
ADVANTAGE REALTY LLC
List Price
$224,950
Sold Price
$220,000
Premium/Discount to List
-$4,950
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$176,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Davidson Donna H
Bought by
Shawhan Daniel G and Shawhan Jessie Lee
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
Davis Peter E $355,500 Old Republic National Title In
Vecchio Benjamin $220,000 Virginia Title
Shawhan Daniel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vecchio Benjamin $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $355,500 +1.6% $243 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $349,900 +59.0% $239 / Sq Ft
08/28/2020 08/28/20 Sold $220,000 -2.2% $151 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $224,950 -- $154 / 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
2024 $885 $205,900 $21,000 $184,900
2023 $705 $115,600 $17,000 $98,600
2022 $705 $115,600 $17,000 $98,600
2021 $705 $115,600 $17,000 $98,600
2020 $705 $115,600 $17,000 $98,600
2019 $655 $107,300 $17,000 $90,300
2018 $655 $107,300 $17,000 $90,300
2017 $590 $112,700 $23,000 $89,700
2016 $590 $112,700 $23,000 $89,700
2015 -- $112,700 $23,000 $89,700
2014 -- $112,700 $23,000 $89,700
2013 -- $112,700 $23,000 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905017

Roanoke Valley Association of REALTORS®

APN: 0780100400