NOT LISTED FOR SALE

1855 Merrimac Rd Blacksburg, VA 24060

Estimated Value: $744,000 - $936,000

2 Beds
2 Baths
3,500 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $500,000 $143 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,018/month

Highlights

  • Bungalow
  • Blacksburg High School Rated A
  • Forced Air Heating System

About This Home

As of February 2019

Sold as is. Two rental properties on one parcel.

Last Agent to Sell the Property

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 02/27/2019

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 02/27/2019

RE/MAX 8 - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,677

Year Built

  • Built in 1958

Lot Details

  • 2.5 Acre Lot
  • Property is zoned Multi-Family

Parking

  • Gravel Driveway

Home Design

  • 3,500 Sq Ft Home
  • Bungalow
  • Vinyl Trim

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 012019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,677

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Estimated Main Sq Ft Finished: 3500
  • Estimated Total Finished Sq Ft: 3500
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: STROUBLES CREEK
  • Lvt Date: 02/27/2019
  • Number Rooms: 6
  • Parcel Nbr: 012019
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Range/Electric, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Blacktop Driveway, Gravel Driveway
  • Exterior Finish: Vinyl

Utilities

  • Heating: Electric, Forced Air, Oil
  • Sewer: Septic
  • Water: Public Water

Schools

  • School District: Montgomery County
  • Elementary School: Kipps
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 108900
  • Zoning: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Mchone Christopher Brian and Chamberlain Matthew L
Bought by
Lynn Alexa Mei and Lynn Nathan Shan
Current Estimated Value
$868,093

Purchase Details

Closed on
Apr 11, 2020
Sold by
Chm Properties Llc
Bought by
Mchone Christopher Brian and Chamberlain Matthew L

Purchase Details

Listed on
Feb 27, 2019
Closed on
Feb 25, 2019
Sold by
Forests Edge Llc
Bought by
Chm Properties Llc
Seller's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
Buyer's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$445,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 12, 2002
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 Buyer Sale Price Title Company
Lynn Alexa Mei $750,000 Premier Title
Lynn Alexa Mei $750,000 Premier Title
Mchone Christopher Brian -- Spicer John N
Mchone Christopher Brian -- Spicer John N
Chm Properties Llc $500,000 Fidelity National Title
Chm Properties Llc $500,000 Fidelity National Title
-- $200,000 --
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chm Properties Llc $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 For Sale $500,000 0.0% $143 / Sq Ft
02/25/2019 02/25/19 Sold $500,000 -- $143 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
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 $2,677 $352,300 $38,800 $313,500
2024 $2,642 $352,300 $38,800 $313,500
2023 $2,466 $352,300 $38,800 $313,500
2022 $2,187 $245,700 $31,100 $214,600
2021 $2,187 $245,700 $31,100 $214,600
2020 $3,134 $352,100 $38,300 $313,800
2019 $3,049 $342,600 $38,300 $304,300
2018 $2,902 $326,100 $38,300 $287,800
2017 $2,902 $326,100 $38,300 $287,800
2016 $2,875 $323,000 $38,300 $284,700
2015 $2,875 $323,000 $38,300 $284,700
2014 $2,828 $317,700 $43,300 $274,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 404515

New River Valley Association of REALTORS®

APN: 012019