NOT LISTED FOR SALE

Estimated Value: $949,812 - $1,177,000

7 Beds
4.5 Baths
5,268 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $887,000 $168 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,315/month

13 Days on Market

Highlights

  • Custom Home
  • Deck
  • Main Floor Primary Bedroom
  • Blacksburg High School Rated A
  • Wood Flooring
  • Screened Porch

About This Home

As of July 2023

This exquisite home in Kipps Farm offers over 5000 sqft of living space filled w/ thoughtful features & upgrades. With 7 BRs, including a guest suite on main, there is a private retreat for all. Upon entry, you'll notice the beautiful oak HWs & open concept design, as well as 9’ ceilings & crown moulding, adding an openness & elegant touch throughout. The kitchen features granite counters, large island (w/ sink and seating for 6), pantry, & breakfast nook- perfect for casual dining. The living & dining rooms provide a warm & inviting atmosphere for gatherings. The primary BR is a true sanctuary, with W/I closet & ensuite (double vanities, tile shower, & additional W/I closet). The basement was recently finished, adding 2 more BRs, full bath, rec room, study/flex space, & rough-in for a kitchen - ideal for multi-generational living. Enjoy the views and meals al fresco from the screened porch or deck. Situated across from the walking trail to Blacksburg HS/MS & minutes to downtown/VT!

Last Agent to Sell the Property

Kelly Griffin

Coldwell Banker Townside Bburg License #0225222879 Listed on: 06/07/2023

Coldwell Banker Townside Bburg

Last Buyer's Agent

Rayne Stenger

Nest Realty SWVA License #0225217449

Nest Realty SWVA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,264

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Garden
  • Property is in very good condition

Home Design

  • Custom Home
  • Traditional Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Cement Siding
  • Passive Radon Mitigation
  • Radon Mitigation System

Interior Spaces

  • 5,268 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Screened Porch
  • Storage
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4.5 Bathrooms
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include common area maintenance, snow removal
  • Property managed by Raines

Listing and Financial Details

  • Assessor Parcel Number 220296

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,264

Year Built

Built in 2020 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Custom Features, Decorator Touches, Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 5268
  • Estimated Upper Finished Sq Ft: 1452
  • Cable Internet Company: Xfinity
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2019/008497
  • Garage Dim Descrip: 21 x 20
  • HOA Management Company: Raines
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: KIPPS FARM SUBD LOT 52
  • Lvt Date: 06/07/2023
  • Master On Main: Yes
  • Miscellaneous: Breakers, Radon Ready, Schools (Walking), Underground Utility
  • Number Rooms: 14
  • Parcel Nbr: 220296
  • Porch Dim Descrip: 18 x 11.8 (screened)
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 1
  • Main Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 2
  • Room Level Bedrooms Bsmt: 2
  • Room Level Bedrooms Main: 1
  • Room Level Bedrooms Uppe: 4
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Traditional
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminated
  • Appliances: Dishwasher, Disposal, Dryer Hookup-Elec, Microwave, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Finished, Full, Rec Room/Game Room, Walk Out
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Ceramictile Bath(s), Custom Cabinets, Custom Countertops, Extra Storage, French Doors, Guest Suite, Laundry On Main, Pantry, Radon System-Passive, Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Concrete Driveway, Curbs, Deck, Garden Space, Porch, Quality Landscaping, Screened Porch, Sidewalks, Patio
  • Exterior Finish: Cement-Composite
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump, Two Zone
  • Heating: Heat Pump, Zoned Heating
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: Common Area Maint, Snow Removal

Schools

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

Lot Info

  • Land Description: Subdivision
  • Lot Size: 12458.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 17, 2023
Sold by
Wang Jianmin and Lu Peizhen
Bought by
Wang Le and Wang Chunbei
Seller's Agent
Kelly Griffin
Coldwell Banker Townside Bburg
Buyer's Agent
Rayne Stenger
Nest Realty SWVA
List Price
$899,000
Sold Price
$887,000
Premium/Discount to List
-$12,000
-1.33%
Views
37
Current Estimated Value
$1,058,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,203
Avg. Annual Appreciation
12.68%
Original Mortgage
$709,600
Outstanding Balance
$696,123
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$439,555

Purchase Details

Closed on
Apr 30, 2020
Sold by
Stateson Homes Llc
Bought by
Lu Peizhen and Wang Jianmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,300
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2019
Sold by
Kipps Farms Llc
Bought by
Stateson Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,215,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2015
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
Wang Le $887,000 First American Title
Lu Peizhen $580,600 Advantage Title
Stateson Homes Llc $103,635 Spicer John N
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Le $709,600
Previous Owner Lu Peizhen $262,300
Previous Owner Snyder Michael $3,215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $887,000 -1.3% $168 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $899,000 -- $171 / 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
2025 $6,264 $824,200 $100,000 $724,200
2024 $6,182 $824,200 $100,000 $724,200
2023 $5,036 $719,400 $100,000 $619,400
2022 $5,288 $594,100 $100,000 $494,100
2021 $5,288 $594,100 $100,000 $494,100
2020 $890 $100,000 $100,000 $0
2019 $890 $100,000 $100,000 $0
2018 $712 $80,000 $80,000 $0
2017 $271 $30,400 $30,400 $0
2016 $271 $30,400 $30,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 418296

New River Valley Association of REALTORS®

APN: 220296