NOT LISTED FOR SALE

1637 Epperly Mill Rd SW Floyd, VA 24091

Estimated Value: $176,000 - $355,000

1 Bed
1 Bath
672 Sq Ft
$407/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $102,000 $152 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,533/month

161 Days on Market

Highlights

  • Horses Allowed On Property
  • Family Room with Fireplace
  • Vaulted Ceiling
  • Wood Burning Stove
  • Spring on Lot
  • Wood Flooring

About This Home

As of December 2016

Looking for great views? This 4.85 acre property has excellent long range views from a planned building site along with an existing well-built, furnished studio over a large 24' x 28' two car garage. The Studio offers one sizeable open room (24' x 20') with a vaulted ceiling that serves as great room and bedroom combined; along with a kitchenette and full bath. Attention to quality detail is reflected in the ceramic tile floor & shower, pine plank flooring , tankless on demand water heater and a Jotul wood stove. An oversized septic system is in place to accommodate a 3 bedroom, 2 bath home as well as the studio and garage. The studio can be used to stay in until your mountain dream home is built and then as guest accommodations or potential rental income. On a clear day you can see foreve

Last Agent to Sell the Property

Tim Telling

Country Road Realty License #0225220396 Listed on: 05/06/2016

Last Buyer's Agent

Kaelyn Globig

UC/Blue Ridge Land & Auction License #0225213385

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Home fronts a stream
  • Rural Setting
  • Cleared Lot
  • Private Yard
  • Garden
  • Property is in very good condition

Home Design

  • Bungalow
  • Fire Rated Drywall
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 672 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Stove
  • Family Room with Fireplace
  • Storage
  • Microwave
  • Property Views

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Basement

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

Parking

  • 2 Car Garage
  • Basement Garage
  • Gravel Driveway

Utilities

  • Heat Pump System
  • Electric Baseboard Heater
  • Heating System Powered By Leased Propane
  • Well
  • Tankless Water Heater
  • Septic System

Additional Features

  • Spring on Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 51063-54-195D

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 672
  • Class: Residential
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: R016645
  • Garage Dim Descrip: 24' x 28'
  • Legal Description: Approx 4.85 acres defined by parcel # 54-195D
  • Master On Main: Yes
  • Miscellaneous: Breakers, Propane Tank- Leased
  • Parcel Nbr: 54-195D
  • Porch Dim Descrip: 8' x 12'
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage
  • Water Frontage: Stream Frontage
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Water Heater: Tankless
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Microwave
  • Basement: Concrete Floor, Full, Garage Door, Outside Access, Walk Out
  • Bedrooms: 1
  • Fireplace: Family Room, Wood Stove
  • Full Bathrooms: 1
  • Interior Amenities: Ceramictile Bath(s), Extra Storage, Pantry, Vaulted Ceiling, Walls-Drywall

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Insulated Glass, Private Yard
  • Exterior Finish: Aluminum
  • Roofing: Metal

Garage/Parking

  • Garage Carport: Double Under

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Baseboard-Electric, Heat Pump, Wood Stove
  • Sewer: Septic
  • Water: Well

Lot Info

  • Land Description: Part Cleared, Road Frontage, Rural, Spring, State Maintained Rd, Suitable For Horses, View
  • Lot Size: 4.85 acres

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 51063-54-195D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Dec 15, 2016
Sold by
Wells David B and Wells Carolyn S
Bought by
Farah Marilyn
Seller's Agent
Tim Telling
Country Road Realty
Buyer's Agent
Kaelyn Globig
UC/Blue Ridge Land & Auction
List Price
$112,500
Sold Price
$102,000
Premium/Discount to List
-$10,500
-9.33%
Current Estimated Value
$273,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,760
Avg. Annual Appreciation
11.55%
Original Mortgage
$81,600
Outstanding Balance
$65,931
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,829
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farah Marilyn $102,000 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farah Marilyn $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $102,000 -9.3% $152 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $112,500 -- $167 / 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 $1,177 $267,600 $73,500 $194,100
2024 $850 $126,900 $35,300 $91,600
2023 $703 $108,100 $35,300 $72,800
2022 $703 $108,100 $35,300 $72,800
2021 $681 $108,100 $35,300 $72,800
2020 $649 $108,100 $35,300 $72,800
2019 $393 $65,500 $35,300 $30,200
2018 $393 $65,500 $35,300 $30,200
2017 $360 $65,500 $35,300 $30,200
2016 $360 $65,500 $35,300 $30,200
2015 -- $65,500 $35,300 $30,200
2014 -- $65,500 $35,300 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 323829

New River Valley Association of REALTORS®

APN: 54-195D