NOT LISTED FOR SALE

225 Ida Mae Dr NE Floyd, VA 24091

Estimated Value: $586,504 - $682,000

3 Beds
3.5 Baths
2,780 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $610,000 $219 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,473/month

138 Days on Market

Highlights

  • Water Views
  • Barn
  • Second Kitchen
  • Water Access
  • Horses Allowed On Property
  • Home fronts a pond

About This Home

As of November 2020

Online Only Auction - Bid now through September 18th @ 4 PM. Preview Dates: Friday September 4th 4PM - 6PM; Saturday September 12th 10AM – 12PM. Price is tax assessment, not reserve. This heavenly oasis offers a brilliantly remodeled home with artistic details as well as multiple fenced pasturelands offering everything you need for your livestock. You will fall in love with this property as you wind up the driveway with the oak board fence, stream and pond in the distance. This property is perfect for the farming family or for those looking for a tranquil environment. The newly remodeled home has creative details, oak flooring with a medallion at the center of the foyer upon entrance with hickory borders. The master bedroom offers a California-style closet, outside patio entrance and spa tub in bath. A separate entrance can be found at the basement level of the home with an in-law suite or is the perfect set-up for an Air BnB or possible rental room.

Last Agent to Sell the Property

Matthew Gallimore

UC/Blue Ridge Land & Auction License #225062681 Listed on: 05/08/2020

Co-Listed By

Levi Cox

UC/Blue Ridge Land & Auction License #0225217513

Last Buyer's Agent

Matthew Gallimore

UC/Blue Ridge Land & Auction License #225062681 Listed on: 05/08/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 59.7 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Rural Setting
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Trim
  • Active Radon Mitigation

Interior Spaces

  • 2,780 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Attic Access Panel

Kitchen

  • Second Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Spa Bath
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Kitchen in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Water Access
  • Pond
  • Spring on Lot
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 327B327

Home Details

Home Type

Single Family

Year Built

Built in 2001 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Remodeled, Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 2780
  • Class: Residential
  • County Or City: Floyd
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: PINE CREEK PC2-324B / PC1 - 142
  • Lvt Date: 05/08/2020
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Parcel Nbr: 327B327
  • Property Sub Type: Detached
  • Style Structure Home: Craftsman
  • Total Gross Building Area: 3896
  • Water Frontage: Pond, Stream Frontage
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Oven, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Concrete Floor, Kitchen/Kitchenette, Partially Finished, Rec Room/Game Room, Shower Facilities, Walk Out
  • Bedrooms: 3
  • Fireplace: Living Room, Wood Stove, Woodburning
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Ceramictile Bath(s), Guest Suite, Laundry On Main, Radon System-Active, Spa Tub, Vaulted Ceiling, Walk-In Closet(s), Walls-Drywall, Extra Kitchen

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Garden Space, Porch, Private Yard, Quality Landscaping, Sidewalks, Storage Shed, Patio
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump, Two Zone
  • Heating: Heat Pump, Zoned Heating
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Land Description: Barn, Pond, Private Road, Rural, Secluded Lot, Spring, State Maintained Rd, Stream, Suitable For Horses, View, Water Access, Water View
  • Lot Size: 2600532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Oct 30, 2020
Sold by
Ouderkirk Gregg and Ouderkirk Katherine
Bought by
Pennewell Nelson Wayne and Roope Wendy Renee
Seller's Agent
Matthew Gallimore
UC/Blue Ridge Land & Auction
Buyer's Agent
Matthew Gallimore
UC/Blue Ridge Land & Auction
List Price
$749,000
Sold Price
$610,000
Premium/Discount to List
-$139,000
-18.56%
Current Estimated Value
$634,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,252
Avg. Annual Appreciation
0.75%
Original Mortgage
$480,000
Outstanding Balance
$427,898
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,354
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pennewell Nelson Wayne $610,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennewell Nelson Wayne $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2020 11/09/20 Sold $610,000 +11.7% $219 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $546,100 -21.9% $196 / Sq Ft
07/02/2020 07/02/20 Price Changed $699,000 -6.7% $251 / Sq Ft
05/08/2020 05/08/20 For Sale $749,000 +48.3% $269 / Sq Ft
02/15/2019 02/15/19 Sold $505,000 0.0% $131 / Sq Ft View Prior Sale
02/15/2019 02/15/19 Sold $505,000 -8.2% $207 / Sq Ft View Prior Sale
01/03/2019 01/03/19 Pending -- -- --
01/03/2019 01/03/19 Pending -- -- --
08/13/2018 08/13/18 For Sale $550,000 0.0% $143 / Sq Ft
07/20/2018 07/20/18 For Sale $550,000 -- $226 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $2,114 $493,300 $99,600 $393,700
2024 $2,261 $346,200 $57,000 $289,200
2023 $2,250 $346,200 $57,000 $289,200
2022 $2,250 $346,200 $57,000 $289,200
2021 $2,181 $346,200 $57,000 $289,200
2020 $2,077 $346,200 $57,000 $289,200
2019 $2,133 $355,500 $55,000 $300,500
2018 $2,133 $355,500 $55,000 $300,500
2017 $1,955 $355,500 $55,000 $300,500
2016 $1,955 $355,500 $55,000 $300,500
2015 -- $355,500 $55,000 $300,500
2014 -- $361,000 $51,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 408648

New River Valley Association of REALTORS®

APN: 32-7B