NOT LISTED FOR SALE

2005 Walnut Knob Rd SE Floyd, VA 24091

Estimated Value: $387,000 - $538,000

3 Beds
2.5 Baths
2,168 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $373,500 $172 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,785/month

17 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Covered patio or porch
  • Deck
  • No HOA
  • Cul-De-Sac

About This Home

As of August 2021

Majestic mountain and sunset views! The perfect home for nature lovers, music lovers, and outdoor enthusiasts located on 5 acres, just off the Blue Ridge Parkway. Enjoy great music venues, hike the parkway trails, fish in the community pond, cycle or walk the country roads. This beautiful home offers one floor living with split floor plan - great room with stone fireplace, vaulted ceiling, exposed beams and built in bookshelves, dining room, kitchen, and laundry room. A large master suite on one end features custom cabinetry for a home office, and opposite end with two bedrooms, a full and a half bath. Potential to expand in the unfinished walkout basement. The large wrap around deck is covered. A whole house generator and furnishings are included. Exceptional vacation or full-time home.

Last Listed By

Marie Webb

ADVANTAGE REALTY LLC License #0225211066 Listed on: 06/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1974

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Garden
  • Property is zoned NZ

Home Design

  • Ranch Style House

Interior Spaces

  • 2,168 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Flue
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Storage
  • Mountain Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Storm Doors

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Ferrum Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Shared Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Fireplace Screen, Flue Available, Masonry Fireplace, Storage
  • Heating System: Heat Pump Gas
  • Fireplace(s): Great Room
  • Type: A
  • Has Basement: Walkout - Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Generator, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Garden Space, Patio
  • Views: Mountain, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2168.00
  • ExteriorDoors: Full View, Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3038
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-06-28
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2168
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2168.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 870.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 870.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Shared Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-de-sac, Private Road, Underground Util

Schools

  • Elementary School: Ferrum
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 5.00
  • ZoningCode: NZ

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 1370.06
  • FILLTAXID: 0780006200

MLS Schools

  • Elementary School: Ferrum
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 9, 2021
Sold by
Wolfe Robert L
Bought by
Saxon William Marvin and Saxon Kristi Jo
Seller's Agent
Marie Webb
ADVANTAGE REALTY LLC
Buyer's Agent
Esther Cerle
ADVANTAGE REALTY LLC
List Price
$359,950
Sold Price
$373,500
Premium/Discount to List
$13,550
3.76%
Total Days on Market
17
Current Estimated Value
$480,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,563
Avg. Annual Appreciation
7.28%
Original Mortgage
$298,500
Outstanding Balance
$275,846
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$210,207

Purchase Details

Closed on
Mar 1, 2009
Sold by
Wolfe Family Limited Partnership and Wolfe Robert L
Bought by
Wolfe Robert L

Range of Values:

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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
Saxon William Marvin $373,500 Fidelity National Ttl Ins Co
Wolfe Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxon William Marvin $298,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $373,500 +3.8% $172 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $359,950 -- $166 / 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
2024 $1,492 $346,900 $32,000 $314,900
2023 $1,370 $224,600 $25,000 $199,600
2022 $1,370 $224,600 $25,000 $199,600
2021 $1,370 $224,600 $25,000 $199,600
2020 $1,370 $224,600 $25,000 $199,600
2019 $1,263 $207,000 $25,000 $182,000
2018 $1,263 $207,000 $25,000 $182,000
2017 $1,139 $217,300 $32,000 $185,300
2016 $1,139 $217,300 $32,000 $185,300
2015 $1,173 $217,300 $32,000 $185,300
2014 $1,173 $217,300 $32,000 $185,300
2013 $1,173 $217,300 $32,000 $185,300
Source: Public Records

Agents Affiliated with this Home

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 880890

Roanoke Valley Association of REALTORS®

APN: 0780006200