NOT LISTED FOR SALE

1948 Walnut Knob Rd SE Floyd, VA 24091

Estimated Value: $234,000 - $329,000

3 Beds
2 Baths
1,280 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $145,000 $113 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,521/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Porch
  • Wood Burning Stove
  • No HOA
  • Wood Siding

About This Home

As of July 2020

Beautiful mountain home with breathtaking views! This amazing home has 3 bedrooms, 2 full baths and is settled on 5 acres. Wood stove & Propane for heat. Home has a loft for additional living space. Enjoy the wooded seclusion this property offers. Spend your evenings hanging out on the deck with your friends and family, taking in the incredible mountain views. Located near the Blue Ridge Parkway. This is a very unique property, don't miss out on it!

Last Agent to Sell the Property

Matt Gallimore Cell

UC/Blue Ridge Land & Auction License #225062681 Listed on: 04/06/2020

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1973

Lot Details

  • 5 Acre Lot

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Wood Burning Stove
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0780006300

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1280
  • Estimated Upper Finished Sq Ft: 180
  • Class: Residential
  • County Or City: Franklin
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: OFF RT 638 PARCEL D
  • Lvt Date: 04/06/2020
  • Master On Main: Yes
  • Number Rooms: 4
  • Parcel Nbr: 0780006300
  • Property Sub Type: Detached
  • Style Structure Home: Cabin
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Microwave, Range/Electric, Refrigerator
  • Basement: Outside Access
  • Bedrooms: 3
  • Fireplace: Wood Stove
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Finish: Wood

Utilities

  • Heating: Gas-Propane, Wood Stove
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • High School: Floyd County

Lot Info

  • Lot Size: 217800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 9, 2020
Sold by
Smith Edward Demming and Smith Durham Susan
Bought by
Myers Baxter J and Myers Margaret P
Seller's Agent
Matt Gallimore Cell
UC/Blue Ridge Land & Auction
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%
Current Estimated Value
$272,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,945
Avg. Annual Appreciation
12.78%
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
Myers Baxter J $145,000 Virginia Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $145,000 -3.0% $113 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $149,500 -- $117 / 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
2024 $860 $200,000 $32,000 $168,000
2023 $751 $123,100 $25,000 $98,100
2022 $751 $123,100 $25,000 $98,100
2021 $742 $123,100 $25,000 $98,100
2020 $751 $123,100 $25,000 $98,100
2019 $686 $112,400 $25,000 $87,400
2018 $686 $112,400 $25,000 $87,400
2017 $618 $121,100 $32,000 $89,100
2016 $618 $121,100 $32,000 $89,100
2015 $654 $121,100 $32,000 $89,100
2014 $654 $121,100 $32,000 $89,100
2013 $654 $121,100 $32,000 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 408361

New River Valley Association of REALTORS®

APN: 0780006300