NOT LISTED FOR SALE

1971 Morning Dew Ln SE Floyd, VA 24091

Estimated Value: $425,000 - $566,557

3 Beds
2.5 Baths
3,146 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $370,000 $118 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,909/month

Highlights

  • Spa
  • Deck
  • Secluded Lot
  • Heated Floors
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of November 2020

WOW! What a difference the power washing made to this cedar sided home!!!Located within 5 miles of the Town of Floyd, this exceptional Floyd County property is a custom built Douglas Fir timber frame home nestled on 10.25 private acres. This home has 3 bedrooms, 2.5 baths, open concept great room w/ 28 ft. cathedral ceilings, radiant floor heating and stone fireplace and well suited kitchen. There are two master suites, one on the main floor with laundry and ensuite bath. The second master w/ensuite is on the lower level, along with a 3rd bedroom and large 14x16 sitting area. The upper level consists of a large loft (16x20) overlooking the great room and plenty of storage.

Last Agent to Sell the Property

Laura Cain

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225050688 Listed on: 07/09/2020

Last Buyer's Agent

Karen Blevins

WELCOME HOME REAL ESTATE License #0225090004

WELCOME HOME REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 2006

Lot Details

  • 10.25 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Garden

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 3,146 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Heated Floors

Kitchen

  • Gas Range
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Power Generator

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Masonry Fireplace
  • Heating System: Ductless, Gas - Propane, Heated Floor
  • Fireplace(s): Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Compacter, Dishwasher, Generator, Range Gas, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Deck, Formal Garden, Garden Space, Hot Tub, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 1413.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3146
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 11 - Floyd County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBRLowerLvl: 1
  • OtherAboveGrdFin Sq Ft: 1413.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-09-01
  • Residential Type: Detached
  • Style Of House: Contemporary
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 3146
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3146.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 320.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Private Septic - 4BR
  • Water Description: Private Well

Schools

  • Elementary School: Floyd
  • High School: Floyd County

Green Features

  • Energy Features: 2 X 6 Exterior Walls, Fireplace Insert

Lot Info

  • Lot Description: Secluded, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 10.25

Building Info

  • Year Built: 2006

Tax Info

  • Taxes (6 mo): 1897.00
  • FILLTAXID: 67-22A & 67-22E

MLS Schools

  • Elementary School: Floyd
  • HighSchool: Floyd County
  • Middle School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Nov 5, 2020
Sold by
Jackson Diane and Fason David C
Bought by
Wallace Christopher Lee and Bishop Diane Lee
Seller's Agent
Laura Cain
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Buyer's Agent
Karen Blevins
WELCOME HOME REAL ESTATE
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$511,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,389
Avg. Annual Appreciation
6.90%
Original Mortgage
$296,000
Outstanding Balance
$269,156
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$242,569
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
Wallace Christopher Lee $370,000 Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Christopher Lee $296,000
Previous Owner Fason David C $263,200
Previous Owner Fason David C $49,350
Previous Owner Fason David $297,211
Previous Owner Fason David C $296,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $370,000 -7.3% $118 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $399,000 -- $127 / Sq Ft
Source: Roanoke 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 $2,204 $501,000 $81,600 $419,400
2024 $2,355 $351,500 $55,700 $295,800
2023 $2,285 $351,500 $55,700 $295,800
2022 $2,285 $351,500 $55,700 $295,800
2021 $2,214 $351,500 $55,700 $295,800
2020 $2,109 $351,500 $55,700 $295,800
2019 $1,919 $319,800 $48,300 $271,500
2018 $1,919 $319,800 $48,300 $271,500
2017 $1,759 $319,800 $48,300 $271,500
2016 $1,759 $319,800 $48,300 $271,500
2015 -- $319,800 $48,300 $271,500
2014 -- $326,500 $47,700 $278,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871154

Roanoke Valley Association of REALTORS®

APN: 67-22A