NOT LISTED FOR SALE

171 Laurel Ln Troutville, VA 24175

Estimated Value: $360,000 - $387,000

5 Beds
3 Baths
2,916 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $280,000 $96 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,222/month

3 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Ranch Style House
  • Read Mountain Middle School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of November 2021

Great home in Botetourt County with 5 bedrooms and 3 baths on a wooded lot. Open floor plan with large eat-in kitchen. Freshly painted interior and exterior. 3 decks to enjoy private wooded lot, two fireplaces w/gas logs. Two laundry areas on main and lower level.

Last Agent to Sell the Property

K J Mehmood

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225178333 Listed on: 10/21/2021

Last Buyer's Agent

Christy Crouch

RE/MAX ALL POINTS License #0225020100

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1975

Lot Details

  • 0.91 Acre Lot
  • Lot Sloped Down
  • Wooded Lot
  • Property is zoned R1

Home Design

  • Ranch Style House

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Troutville Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Range Electric, Range Hood, Refrigerator, Sump Pump
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Deck, Patio, Paved Driveway
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1796.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 5832
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1120.00
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2021-10-24
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Lake Forest
  • Total Above Grd Fin S Q F T: 1796
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2916.00
  • TotalUnfin Sq Ft: 2916.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 1796.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1120.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Schools

  • Elementary School: Troutville
  • Middle School: Read Mountain
  • High School: Lord Botetourt

Lot Info

  • Lot Description: Down Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.91
  • Lot: 12
  • ZoningCode: R1

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 1444.00
  • FILLTAXID: 102(A) (1) 12

MLS Schools

  • Elementary School: Troutville
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 11, 2021
Sold by
Spivey Derek C and Thomas-Spivey Felicia
Bought by
Johnston Caleb and Johnston Raquel
Seller's Agent
K J Mehmood
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$269,950
Sold Price
$280,000
Premium/Discount to List
$10,050
3.72%
Current Estimated Value
$374,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,070
Avg. Annual Appreciation
8.05%
Original Mortgage
$252,000
Outstanding Balance
$231,399
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$142,671

Purchase Details

Closed on
Oct 30, 2008
Sold by
King Howard G
Bought by
Spivey Derek C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Johnston Caleb $280,000 Acquisition Title&Stlmnt
Spivey Derek C $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Caleb $252,000
Previous Owner Spivey Derek C $168,750
Previous Owner Spivey Derek C $196,000
Previous Owner Spivey Derek C $201,949
Previous Owner Spivey Derek C $206,250
Previous Owner King Howard G $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $280,000 +3.7% $96 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $269,950 -- $93 / 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 $2,211 $315,800 $50,000 $265,800
2024 $2,211 $315,800 $50,000 $265,800
2023 $1,585 $200,600 $40,000 $160,600
2022 $1,585 $200,600 $40,000 $160,600
2021 $1,585 $200,600 $40,000 $160,600
2020 $1,585 $200,600 $40,000 $160,600
2019 $1,526 $193,200 $40,000 $153,200
2018 $1,526 $193,200 $40,000 $153,200
2017 $1,526 $193,200 $40,000 $153,200
2016 $1,526 $193,200 $40,000 $153,200
2015 $1,558 $216,400 $40,000 $176,400
2014 $1,558 $216,400 $40,000 $176,400
2010 -- $216,400 $40,000 $176,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884805

Roanoke Valley Association of REALTORS®

APN: 102A(1)12