NOT LISTED FOR SALE

2240 Pico Rd Buchanan, VA 24066

Estimated Value: $477,345 - $634,000

2 Beds
2.5 Baths
2,320 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $440,000 $190 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,172/month

95 Days on Market

Highlights

  • Horses Allowed On Property
  • 20.54 Acre Lot
  • Deck
  • Central Academy Middle School Rated A-
  • Mountain View
  • Stream or River on Lot

About This Home

As of October 2023

Construction began on May 5th and was completed on December 22nd. The house is constructed out of Western Hemlock, with some of the logs being 6x12 hand-hewn and up to 40ft long. We built this home to live in, and it has proven to be a good and comfortable dwelling. It is an Appalachian log package, specifically a modified Hampton 2 design. The roof has 6-inch styrofoam and 3/4-inch OSB, while the upstairs walls are 1 1/2-inch tongue and groove with 2x12 log slabs. Each layer is bolted and pinned together. Downstairs, there is 4-inch styrofoam covered with Param Chinking. The drywall is non-allergenic, made of 3/4-inch Advantech subfloor with 3/4-inch tongue and groove Brazilian Cherry with a satin finish. The house boasts handcrafted kitchen cabinets made with worm-eating chestnut wood.

Last Listed By

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 06/13/2023

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,367

Year Built

  • Built in 2007

Lot Details

  • 20.54 Acre Lot
  • Property fronts a private road
  • Wooded Lot

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Covered patio or porch

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,367

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1480.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2320
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: Verizon
  • LaundryLaundryEntryLevel: 1
  • Major Area: 07 - Botetourt County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 4.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 896
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2023-09-16
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2320
  • TotalBdrm: 2
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2320.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 840.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Horses Permitted, Private Road, Stream

Schools

  • Elementary School: Buchanan
  • Middle School: Central Academy
  • High School: James River

Lot Info

  • Lot Description: Varied, Wooded
  • Lot Dimensions: 20.54
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 20.54

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 2367.00
  • FILLTAXID: 65-98 C

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Sep 27, 2023
Sold by
Cash Robert L
Bought by
Cannon Wallace James
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Joshua Desforges
KELLER WILLIAMS REALTY ROANOKE
List Price
$500,000
Sold Price
$440,000
Premium/Discount to List
-$60,000
-12%
Total Days on Market
95
Views
364
Current Estimated Value
$530,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,086
Avg. Annual Appreciation
6.71%
Original Mortgage
$418,000
Outstanding Balance
$412,466
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$73,833

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
Cannon Wallace James $440,000 Colonial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace James C $100,000
Open Cannon Wallace James $418,000
Previous Owner Cash Robert L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $440,000 -5.4% $190 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $465,000 -2.1% $200 / Sq Ft
07/07/2023 07/07/23 Price Changed $475,000 -5.0% $205 / Sq Ft
06/13/2023 06/13/23 For Sale $500,000 -- $216 / 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 $2,799 $399,800 $81,600 $318,200
2023 $2,367 $299,600 $81,600 $218,000
2022 $2,367 $299,600 $81,600 $218,000
2021 $2,367 $299,600 $81,600 $218,000
2020 $2,367 $299,600 $81,600 $218,000
2019 $2,210 $279,800 $81,600 $198,200
2018 $2,210 $279,800 $81,600 $198,200
2017 $2,210 $279,800 $81,600 $198,200
2016 $2,210 $279,800 $81,600 $198,200
2015 $1,853 $313,400 $85,600 $227,800
2014 $1,853 $313,400 $85,600 $227,800
2010 -- $299,000 $85,600 $213,400
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2023

    Christy Crouch

    RE/MAX

    (540) 312-0085

    571 Total Sales

    Christy Crouch
    Section Image
  • Joshua Desforges

    Buyer's Agent in 2023

    Joshua Desforges

    KELLER WILLIAMS REALTY ROANOKE

    (540) 613-1340

    97 Total Sales

    Joshua Desforges
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899035

Roanoke Valley Association of REALTORS®

APN: 65-98C

Virginia Botetourt County Buchanan 24066

2240 Pico Rd, Buchanan, VA

Homes for Sale in Buchanan, VA

This home is located at 2240 Pico Rd, Buchanan, VA 24066 since 13 June 2023 and is currently estimated at $530,086, approximately $228 per square foot. This property was built in 2007. 2240 Pico Rd is a home located in Botetourt County with nearby schools including Buchanan Elementary School, Central Academy Middle School, and James River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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