NOT LISTED FOR SALE

Estimated Value: $317,000 - $349,322

4 Beds
2.5 Baths
1,480 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $265,000 $179 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,985/month

About This Home

As of August 2020

4 Bedroom Townhouse in Clover Valley Estates. This investment opportunity has been very well maintained by the Owner. This townhome features an upgraded kitchen with stainless appliances, new cabinets and counter tops with ceramic tile flooring. Flooring and paint throughout the home are all in very good condition. Leased a top market rental rate of $1780 through July 2021.

Last Agent to Sell the Property

Aaron Harris

Granite Management LLC License #0225193053 Listed on: 06/26/2020

Last Buyer's Agent

Charlotte Chan

Long & Foster - Blacksburg License #225166903

Long & Foster - Blacksburg

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Attic Access Panel
  • Electric Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance, common area maintenance, exterior bldg maint, snow removal, some insurance
  • Property managed by Raines

Listing and Financial Details

  • Assessor Parcel Number 027505

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,248

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 1480
  • Estimated Upper Finished Sq Ft: 740
  • Cable Internet Company: Comcast
  • Class: Residential
  • County Or City: Montgomery
  • HOA Management Company: Raines
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: CLOVER VALLEY ESTS LOT 85 PH I
  • Lvt Date: 06/26/2020
  • Number Rooms: 7
  • Parcel Nbr: 027505
  • Property Sub Type: Townhouse
  • Rent Per Month: 1780
  • Style Structure Home: Townhouse
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Range/Electric, Refrigerator
  • Attic: Access Only
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Blacktop Driveway, Cable Available, Curbs, Sidewalks
  • Exterior Finish: Brick

Utilities

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

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance, Common Area Maint, Exterior Bldg Maint, Snow Removal, Some Insurance

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 14, 2020
Sold by
Jones Kenneth K
Bought by
Baine Edward H and Baine Kimberly R
Seller's Agent
Aaron Harris
Granite Management LLC
Buyer's Agent
Charlotte Chan
Long & Foster - Blacksburg
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$337,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,831
Avg. Annual Appreciation
4.84%
Original Mortgage
$212,000
Outstanding Balance
$188,059
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$149,772

Purchase Details

Closed on
Jul 7, 2003
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
Baine Edward H $265,000 First American Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baine Edward H $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $265,000 0.0% $179 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $265,000 -- $179 / 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 $2,248 $295,800 $55,000 $240,800
2024 $2,219 $295,800 $55,000 $240,800
2023 $2,071 $295,800 $55,000 $240,800
2022 $1,517 $170,500 $25,000 $145,500
2021 $1,517 $170,500 $25,000 $145,500
2020 $1,355 $152,300 $25,000 $127,300
2019 $1,355 $152,300 $25,000 $127,300
2018 $1,242 $139,600 $25,000 $114,600
2017 $1,242 $139,600 $25,000 $114,600
2016 $1,242 $139,600 $25,000 $114,600
2015 $1,242 $139,600 $25,000 $114,600
2014 $1,199 $134,700 $25,000 $109,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 409080

New River Valley Association of REALTORS®

APN: 027505