$120,000
SOLD APR 15, 2025

16625 Big Island Hwy Big Island, VA 24526

2 Beds
2 Baths
862 Sq Ft
0.91 Acres

Recently Sold

$139 Per Sq Ft

26% Below List Price

123 Days on Market

Highlights

  • No HOA
  • Tankless Water Heater
  • 1-Story Property
  • Big Island Elementary School Rated 9+
  • Shed

About This Home

As of April 2025

Back on the market at no fault of the Seller. Newly Renovated 2 Bedroom, 2 Bathroom Ranch home on 0.91 acre. Conveniently located to Bedford and Lynchburg. Fenced in yard, Storage building with electric. Move in ready!! Seller is motivated to sell all offers will be considered

Last Agent to Sell the Property

Roxanne Harris

MAGNOLIA MOUNTAIN REALTY - MAIN License #0225252418 Listed on: 11/20/2024

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1946

Interior Spaces

  • 862 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Big Island Elementary School
  • Liberty Middle School
  • Liberty High School

Utilities

  • Heat Pump System
  • Tankless Water Heater

Additional Features

  • Shed
  • 0.91 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$391

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 862.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 862
  • InternetAccessCurntInternetProv: Verizon
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2025-03-23
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 862
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 862.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank-less

Schools

  • Elementary School: Big Island
  • Middle School: Liberty Middle
  • High School: Liberty High

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.91

Building Info

  • Year Built: 1946

Tax Info

  • Taxes (6 mo): 391.00
  • FILLTAXID: 1608300

MLS Schools

  • Elementary School: Big Island
  • HighSchool: Liberty High
  • Middle School: Liberty Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Apr 15, 2025
Sold by
Dolan Larry Wayne
Bought by
Redman Kristie
Seller's Agent
Roxanne Harris
MAGNOLIA MOUNTAIN REALTY - MAIN
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$162,500
Sold Price
$120,000
Premium/Discount to List
-$42,500
-26.15%
Total Days on Market
123
Views
224
Current Estimated Value
$124,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,290
Avg. Annual Appreciation
5.37%
Original Mortgage
$114,000
Outstanding Balance
$113,697
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$8,585

Purchase Details

Closed on
Jul 19, 2011
Sold by
Dolan Larry Wayne
Bought by
Dolan Larry Wayne and Dolan Niki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,530
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Gilliam Wendell L
Bought by
Dolan Larry Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
6.25%
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 Type Sale Price Title Company
Deed $120,000 Old Republic National Title
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,000 New Conventional
Previous Owner $80,530 New Conventional
Previous Owner $79,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $120,000 -14.3% $139 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $140,000 -12.4% $162 / Sq Ft
01/18/2025 01/18/25 Price Changed $159,900 -1.6% $185 / Sq Ft
01/05/2025 01/05/25 For Sale $162,500 0.0% $189 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/26/2024 12/26/24 For Sale $162,500 0.0% $189 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/11/2024 12/11/24 Price Changed $162,500 -3.2% $189 / Sq Ft
11/20/2024 11/20/24 For Sale $167,900 -- $195 / 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 $391 $95,300 $20,000 $75,300
2024 $391 $95,300 $20,000 $75,300
2023 $391 $47,650 $0 $0
2022 $366 $36,550 $0 $0
2021 $366 $73,100 $20,000 $53,100
2020 $366 $73,100 $20,000 $53,100
2019 $366 $73,100 $20,000 $53,100
2018 $394 $75,800 $25,000 $50,800
2017 $394 $75,800 $25,000 $50,800
2016 $394 $75,800 $25,000 $50,800
2015 $394 $75,800 $25,000 $50,800
2014 $376 $72,400 $25,000 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 912567

Roanoke Valley Association of REALTORS®

APN: 16A-1-1