NOT LISTED FOR SALE

2016 Kyles Way Blacksburg, VA 24060

Estimated Value: $352,000 - $477,000

3 Beds
3 Baths
1,617 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $377,180 $233 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,292/month

Highlights

  • New Construction
  • Traditional Architecture
  • Tankless Water Heater
  • Blacksburg High School Rated A
  • Walk-In Closet
  • Central Air

About This Home

As of February 2025

Discover The Preserve, a picturesque postcard of natural perfection, with a remote yet convenient Blacksburg location. This listing references a Pre-Sold Highland home under construction featuring Pearl Energy Certification and a 10 Year Builders Limited Warranty. As this home is under construction, photos represent similar homes.

Last Listed By

Karen Turner

Nest Realty SWVA License #0225265528 Listed on: 07/31/2024

Nest Realty SWVA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $525

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 4,574 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Trim
  • Passive Radon Mitigation

Interior Spaces

  • 1,617 Sq Ft Home
  • Panel Doors
  • Attic Access Panel

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Prices Frk Elementary School
  • Blacksburg Middle School
  • Blacksburg High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance

Listing and Financial Details

  • Assessor Parcel Number 290197

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$525

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Appearance: New Construction-Fin, Very Good
  • Estimated Total Finished Sq Ft: 1617
  • Estimated Upper Finished Sq Ft: 809
  • Class: Residential
  • County Or City: Montgomery
  • Legal Description: THE PRESERVE AT WALNUT SPRINGS SECTION 4 LOT 131
  • Lvt Date: 07/31/2024
  • Miscellaneous: Warranty Program
  • Number Rooms: 8
  • Parcel Nbr: 290197
  • Property Sub Type: Townhouse
  • Report Header1: 2016 Kyles, Blacksburg, VA 24060
  • Main Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 2
  • Room Level Bedrooms Lowe: 1
  • Room Level Bedrooms Uppe: 2
  • Style Structure Home: Townhouse, Traditional
  • Year Built: 2025
  • Directions: From the Prices Fork exit at US-460, head away from The Town of Blacksburg on Prices Fork. Travel 2.7 miles to the roundabout, and continue on Prices Fork Road. Take your next right on Kyles Way.
  • List Price/ Sq Ft: 233.26
  • Tax Year: 2025
  • Special Features: NewHome

Interior Features

  • Water Heater: Tankless
  • Flooring: Carpet, Laminated, Vinyl
  • Appliances: Dishwasher, Dryer Hookup-Elec, Microwave, Oven, Range/Electric, Washer Hookup
  • Attic: Access Only
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Interior Amenities: Laundry On Main, Multi-Panel Doors, Pantry, Radon System-Passive, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Curbs
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Air Conditioner: Central Electric
  • Heating: Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance

Schools

  • School District: Montgomery County
  • Elementary School: Prices Frk
  • Middle School: Blacksburg
  • High School: Blacksburg
  • Elementary School: Prices Frk
  • High School: Blacksburg
  • Junior High Dist: Montgomery County

Lot Info

  • Estimated Lot Size: 0.105
  • Lot Size: 4573.8
  • Geo Update Timestamp: 2024-07-31

MLS Schools

  • Middle School: Blacksburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Jan 16, 2025
Sold by
Eagle Construction Of Va Llc
Bought by
Gordon Gerald and Eno Ekwere-Gordon
Seller's Agent
Karen Turner
Nest Realty SWVA
Buyer's Agent
Unrepresented Buyer Agent
Unrepresented Buyer
List Price
$386,479
Sold Price
$377,180
Premium/Discount to List
-$9,299
-2.41%
Total Days on Market
0
Views
2
Current Estimated Value
$403,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,487
Avg. Annual Appreciation
27.43%
Original Mortgage
$282,885
Outstanding Balance
$282,164
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$121,503

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
Gordon Gerald $377,180 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Gerald $282,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $377,180 -2.4% $233 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $386,479 -- $239 / 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 $525 $70,000 $70,000 $0
2023 $622 $88,900 $26,600 $62,300
2022 $651 $73,100 $21,300 $51,800
2021 $651 $73,100 $21,300 $51,800
2020 $651 $73,100 $21,300 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 421810

New River Valley Association of REALTORS®

APN: 052A131