NOT LISTED FOR SALE

188 Reed Ln NW Willis, VA 24380

Estimated Value: $249,000 - $263,000

2 Beds
2 Baths
1,214 Sq Ft
$213/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2023

Last sale price $220,000 $181 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,505 / mo

100 Days on Market

Highlights

  • Ranch Style House
  • Handicap Accessible
  • Forced Air Heating System
  • No HOA
  • Garden
  • Storage Shed

About This Home

As of March 2023

Updated ranch home in Willis VA - 2 BD / 2 BTH with options for potential 3rd BDR if desired. This home has a beautiful new kitchen, complete whole home generator propane generator system, new shingle roofing, electrical and more. A full unfinished basement with garage makes for a great work area. Outdoor building, carport and a variety of fruit trees on the nearly 2.5 acres. Everything you need is on the main level, this home will work well with every buyer. Less than 30 min drive to both Floyd VA, Hillsville VA, Christiansburg VA and the Blue Ridge Parkway.

Last Agent to Sell the Property

Levi Cox

UC/Blue Ridge Land & Auction License #0225217513 Listed on: 10/29/2022

Last Buyer's Agent

Jay Mandell

Mandell Real Estate Group License #225067751

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 2.46 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,214 Sq Ft Home
  • Ventless Fireplace
  • Gas Log Fireplace
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Handicap Accessible
  • Storage Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6235A

Home Details

Home Type

Single Family

Year Built

Built in 1980 | Remodeled

Lot Details

2.46 Acres

Listing Details

  • Appearance: Remodeled, Upgrades
  • Estimated Total Finished Sq Ft: 1214
  • Class: Residential
  • County Or City: Floyd
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: TAX ID 62-35A / WILL-22-0000159
  • Lvt Date: 10/29/2022
  • Master On Main: Yes
  • Miscellaneous: Propane Tank- Leased
  • Parcel Nbr: 6235A
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 2
  • Style Structure Home: Ranch
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Laminated
  • Appliances: Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Full
  • Bedrooms: 2
  • Fireplace: Gas Logs/Ventless
  • Full Bathrooms: 2
  • Interior Amenities: Handicap Features, Laundry On Main

Exterior Features

  • Exterior Features: Garden Space, Storage Shed
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Single Under

Utilities

  • Heating: Forced Air, Gas-Propane, Oil
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Land Description: State Maintained Rd
  • Lot Size: 107157.6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Mar 15, 2023
Sold by
Bought by
Seller's Agent
Levi Cox
UC/Blue Ridge Land & Auction
Buyer's Agent
Jay Mandell
Mandell Real Estate Group
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Views
62
Current Estimated Value
$258,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,421
Avg. Annual Appreciation
4.88%
Original Mortgage
$176,000
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2018
Closed on
Aug 29, 2019
Sold by
Bought by
Seller's Agent
Levi Cox
UC/Blue Ridge Land & Auction
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$145,000
Sold Price
$123,000
Premium/Discount to List
-$22,000
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.74%
Original Mortgage
$131,100
Interest Rate
0.038%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Old Republic Title
$123,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $176,000
Previous Owner $131,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Sold $220,000 -2.2% $181 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $225,000 -1.7% $185 / Sq Ft
10/29/2022 10/29/22 For Sale $229,000 +86.2% $189 / Sq Ft
08/30/2019 08/30/19 Sold $123,000 -8.9% $101 / Sq Ft View Prior Sale
07/24/2019 07/24/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $135,000 -6.9% $111 / Sq Ft
04/30/2019 04/30/19 For Sale $145,000 +17.9% $119 / Sq Ft
04/25/2019 04/25/19 Off Market $123,000 -- --
04/04/2019 04/04/19 Price Changed $145,000 -2.7% $119 / Sq Ft
11/05/2018 11/05/18 For Sale $149,000 -- $123 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,033 $224,600 $28,800 $195,800
2025 $988 $224,600 $28,800 $195,800
2024 $833 $124,400 $22,600 $101,800
2023 $809 $124,400 $22,600 $101,800
2022 $809 $124,400 $22,600 $101,800
2021 $784 $124,400 $22,600 $101,800
2020 $746 $124,400 $22,600 $101,800
2019 $771 $128,500 $22,600 $105,900
2018 $771 $128,500 $22,600 $105,900
2017 $707 $128,500 $22,600 $105,900
2016 $707 $128,500 $22,600 $105,900
2015 -- $128,500 $22,600 $105,900
2014 -- $128,500 $22,600 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 416667

New River Valley Association of REALTORS®

APN: 62-35A

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