NOT LISTED FOR SALE

24 King Ln Valentines, VA 23887

Estimated Value: $562,000 - $738,000

2 Beds
2.5 Baths
2,122 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $500,000 $236 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,834/month

17 Days on Market

Highlights

  • Boathouse
  • Vaulted Ceiling
  • No HOA
  • Waterfront
  • Wood Flooring
  • Log Cabin

About This Home

As of May 2021

This quintessential cabin in the woods is a perfect private four-season getaway on the North end of Pea Hill Creek at Lake Gaston. A lovely log cabin nestled on a large wooded lot (just under 2 acres) on a quiet cove with single boathouse. Great floorplan with 2 masters on the main level & 2 large loft areas that are currently used as spacious sleeping areas. Superior Walls foundation and concrete walkout patio extend from a large lakeside walkout basement! Home comes mostly furnished!

Last Agent to Sell the Property

Les and Bonnie Burleson

Lake Homes Realty, LLC Listed on: 03/04/2021

Last Buyer's Agent

Non Mls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 2003

Lot Details

  • 1.8 Acre Lot
  • Waterfront

Home Design

  • Log Cabin
  • Block Foundation
  • Log Siding

Interior Spaces

  • Vaulted Ceiling
  • Fireplace
  • Views of Cove
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Boathouse

Schools

  • County Elementary School
  • County Middle School
  • County High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • .Non Subdivision

Listing and Financial Details

  • Tax Lot 7B & 8
  • Assessor Parcel Number 101G(1)7B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Take Gasburg Rd. to Dromgoole Rd. in Valentines. Continue on Dromgoole Rd. to King Lane and turn Right. Property is on the immediate right. Look for sign.
  • Property Sub Type: Modular-Off Frame,Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 1.8
  • Water Body Name: Lake Gaston NE Quad
  • Subdivision Name: .NON-Subdivision
  • Above Grade Finished Sq Ft: 1267
  • Architectural Style: Log Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dryer, Dishwasher, Range/Oven-Electric, Washer
  • Has Basement: Full, Finished
  • Interior Amenities: Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 855
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 2122

Exterior Features

  • View: Cove
  • View: Yes
  • Waterfront Features: Boathouse/Single, Lake Gaston, Pea Hill Creek (NE)
  • Waterfront: Yes
  • Construction Type: Log, Log Siding
  • Foundation Details: Block
  • Roof: 10+ Years

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Gravel Drive

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 78408
  • Farm Land Area Units: Square Feet
  • Parcel #: 101G(1)7B
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 7B & 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 7, 2021
Sold by
Sempowski Max J and Sempowski Carol J
Bought by
Moss David
Seller's Agent
Les and Bonnie Burleson
Lake Homes Realty, LLC
Buyer's Agent
Non Mls
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$663,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,606
Avg. Annual Appreciation
7.03%
Original Mortgage
$350,000
Outstanding Balance
$319,871
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$348,994
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
Moss David $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss David $350,000
Previous Owner Sempowski Max J $145,000
Previous Owner Sempowski Max J $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $500,000 -4.8% $236 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $525,000 -- $247 / Sq Ft
Source: Roanoke Valley Lake Gaston Board 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 $2,696 $539,100 $144,000 $395,100
2023 $1,613 $248,200 $60,800 $187,400
2022 $1,613 $248,200 $60,800 $187,400
2021 $1,613 $248,200 $60,800 $187,400
2020 $1,315 $248,200 $60,800 $187,400
2019 $1,315 $248,200 $60,800 $187,400
2018 $1,315 $248,200 $60,800 $187,400
2017 $1,263 $242,900 $76,000 $166,900
2016 $1,142 $242,900 $76,000 $166,900
2015 -- $242,900 $76,000 $166,900
2014 -- $242,900 $76,000 $166,900
2011 -- $253,100 $76,000 $177,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 127367

APN: 101-J-1-8