NOT LISTED FOR SALE

196 Low Gap Rd NW Floyd, VA 24091

Estimated Value: $723,518

4 Beds
3 Baths
3,016 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $584,000 $194 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,212/month

65 Days on Market

Highlights

  • Barn
  • 73 Acre Lot
  • Deck
  • Horses Allowed On Property
  • Mature Trees
  • Wood Burning Stove

About This Home

As of August 2021

This unique 2 bedroom, 2 bath 2015 sq.ft. home on 73 acres plus 2 bed, 1 bath 1000 sq.ft. guest house is a wonderful opportunity to enjoy seclusion while just 10 minutes from the town of Floyd and 20 minutes from Intst 81 and Christiansburg and with access to Blacksburg , VATech, Radford, and Roanoke. Relax on the new deck and take in the long range 180 degree views from Wills Ridge. The land offers cleared fields for crops, hay or livestock, and forest with private hiking trails, established herb, vegetable and flower gardens. Lovely rock walls and brick driveway. Access to high speed fiber optic internet. Bright kitchen with large pantry. Bedrooms have huge closets. Woodstove and gas fire place. On demand hot water in the main house. Each house has a two car garage. Cute barn for storage. Don't miss the virtual tours of both houses on this amazing property!

Last Agent to Sell the Property

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 04/05/2021

Last Buyer's Agent

Angela Thompson

Virginia Mountain Realty License #0225232870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1990

Lot Details

  • 73 Acre Lot
  • Secluded Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is in good condition

Parking

  • 4 Car Garage
  • Carport
  • Gravel Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Flue
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Laundry on main level
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Floyd County Elementary School
  • None Middle School
  • Floyd County High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Propane
  • Spring water is a source of water for the property
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,396

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 73
  • Lot Size: see survey
  • Directions: From the stoplight in Floyd at the intersection of 221 and 8, go North on Rt 8 for 4.3 miles, Turn Left onto Rt 730 (Ridgeview Rd), go 2.4 miles and turn Left onto Low Gap Rd.Go .2 mile, Driveway is first on Right.
  • Above Grade Finished Sq Ft: 3016
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1990
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dishwasher, Gas Water Heater, Other Water Heater (See Remarks), Electric Water Heater
  • Has Basement: Interior Entry, Exterior Entry, Crawl Space, Partially Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Masonry, Wood Burning Stove, Flue, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Laminate
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s), Internet Availability Other/See Remarks, High Speed Internet
  • Living Area: 3016
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: Assessor
  • Room Bedroom4 Level: Main
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Bathroom 3 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Rolling/Sloping, Wooded, Secluded, Steep Slope, Level, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Vinyl Siding, Dry Wall
  • Exterior Features: Horses Allowed, Garden, Mature Trees
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck, Open Deck, Patio, Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Gravel, Attached Carport, Detached Carport, Other
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Propane, Wood/Coal
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Spring

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Floyd County
  • High School: Floyd County
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 3179880
  • Zoning: no zoning
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2396
  • Tax Lot: 1
  • Tax Map Number: 41-75
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 10, 2021
Sold by
Spillman William B and Spillman Barbara H
Bought by
Dost Stephen A and Dost Patricia L
Seller's Agent
Kelly Thomas
Thomas and Wall Real Estate
Buyer's Agent
Angela Thompson
Virginia Mountain Realty
List Price
$625,000
Sold Price
$584,000
Premium/Discount to List
-$41,000
-6.56%
Current Estimated Value
$723,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,518
Avg. Annual Appreciation
5.11%
Original Mortgage
$467,200
Outstanding Balance
$402,592
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$309,156
Source: Public Records

Range of Values:

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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
Dost Stephen A $584,000 Virginia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dost Stephen A $467,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $584,000 -6.6% $194 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $625,000 -- $207 / Sq Ft
Source: Southwest Virginia 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 $2,589 $588,300 $241,500 $346,800
2024 $2,998 $447,500 $185,200 $262,300
2023 $2,909 $447,500 $185,200 $262,300
2022 $2,909 $447,500 $185,200 $262,300
2021 $2,819 $447,500 $185,200 $262,300
2020 $2,632 $447,500 $185,200 $262,300
2019 $2,614 $435,700 $185,200 $250,500
2018 $2,614 $435,700 $185,200 $250,500
2017 $2,396 $435,700 $185,200 $250,500
2016 $2,396 $435,700 $185,200 $250,500
2015 -- $435,700 $185,200 $250,500
2014 -- $494,800 $255,800 $239,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 77695

APN: 41-75