NOT LISTED FOR SALE

25 Backwater Ln Glasgow, VA 24555

Natural Bridge Neighborhood

Estimated Value: $143,000 - $161,000

3 Beds
1 Bath
1,092 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $55,500 $51 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $832/month

139 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Corner Lot
  • Front Porch

About This Home

As of July 2012

Home Was Remodeled Approximately Five Years Ago. Updates Include Vinyl Replacement Windows, Hardwood Floors, New Kitchen, New Bath and Central Air. Needs Minor Repair to Bring Back to Like New Condition. Four Vacant Lots Fronting in RT 130, Zoning Allows Either Home or Business to be Built on the Vacant Lots.

Last Agent to Sell the Property

DENNIS HAWES

Home Realty Buena Vista Listed on: 03/08/2012

Last Buyer's Agent

Amy Bryant

Home Realty Lexington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Property is zoned Business

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Ceiling Fan
  • Thermal Pane Windows
  • Crawl Space
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Front Porch

Location

  • Flood Zone Lot

Schools

  • Natural Bridge Elementary School
  • Maury River Middle School
  • Rockbridge Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108A3 1 61 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$436

Year Built

Built in 1962

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Located on the south side of Wert Faulkner Highway (RT 130) between Glasgow and Natural Bridge Station.
  • HistoricProperty: No
  • Listing Member Name: Dennis Hawes, NRBA, A*REO
  • Listing Office Short Id: 76
  • Open House Office I D: 20061211170240756529000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: bryanty
  • Selling Office Short Id: 76
  • Subdivision Yn: No
  • TotalFinSFApx: 1092.00
  • Year Built: 1962
  • Taxes Dollars: 435.54
  • TotalAcresApx: 0.32
  • 1StFloorMstrBdrm: Yes
  • Total Assessed Value: 71400.00
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1.00
  • Flood Zone Other: Not in Flood Area
  • Updated Floor: Carpet, Vinyl, Wood
  • Entry Location: Corner Lot
  • Appliances: Dryer Hookup, Washer Hookup
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: None
  • Interior Amenities: Ceiling Fan
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Ceiling Fan(s), Deck-Side, Porch-Front, Thermopane Windows
  • Road Frontage: Gravel Road, Paved Road, State Road
  • Roof: Shingle
  • Street: Backwater Lane
  • Tax Rate: .61
  • Flood Zone: SE
  • Topography: Level
  • Exterior Features: Deck, Porch

Garage/Parking

  • Garage Spaces: None

Utilities

  • Cooling: Central Cooling
  • Heating: Heat Pump(s)
  • Sewer: Existing Septic
  • Utilities Available: Cable, Electric, Public Water
  • Water: Public Water Avail, Well
  • Water Heater: Electric

Schools

  • Elementary School: Natural Bridge
  • Middle School: Maury River
  • High School: Rockbridge Co
  • Elementary School: Natural Bridge
  • High School: Rockbridge Co
  • Middle School: Maury River

Lot Info

  • Future Land Use: No
  • Lot Dimensions: 100 x 280 Feet
  • Zoning: Business
  • Best Use: Investment, Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 108A3 1 61 5
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jul 26, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Woods Gregory S
Seller's Agent
DENNIS HAWES
Home Realty Buena Vista
Buyer's Agent
Amy Bryant
Home Realty Lexington
List Price
$65,000
Sold Price
$55,500
Premium/Discount to List
-$9,500
-14.62%
Current Estimated Value
$149,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,600
Avg. Annual Appreciation
6.68%
Original Mortgage
$44,400
Outstanding Balance
$8,402
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$121,552

Purchase Details

Closed on
Jul 26, 2007
Sold by
Cedar Valley Enterprises Llc
Bought by
Powell Jason T and Powell Amber K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Woods Gregory S $55,500 Stewart Title
Powell Jason T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Gregory S $44,400
Previous Owner Powell Jason T $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2012 07/26/12 Sold $55,500 -14.6% $51 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $65,000 -- $60 / Sq Ft
Source: Rockbridge Highlands 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 $540 $88,500 $10,000 $78,500
2023 $540 $88,500 $10,000 $78,500
2022 $530 $71,600 $10,000 $61,600
2021 $530 $71,600 $10,000 $61,600
2020 $530 $71,600 $10,000 $61,600
2019 $523 $71,600 $10,000 $61,600
2018 $501 $71,600 $10,000 $61,600
2017 $501 $71,600 $10,000 $61,600
2016 $488 $66,400 $17,500 $48,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DENNIS HAWES

    Seller's Agent in 2012

    DENNIS HAWES

    Home Realty Buena Vista

    (540) 461-5263

    14 in this area

    121 Total Sales

    DENNIS HAWES
    Section Image

  • A

    Buyer's Agent in 2012

    Amy Bryant

    Home Realty Lexington

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 126045

APN: 108A3-1-61-5

Virginia Rockbridge County Glasgow 24555 Natural Bridge

25 Backwater Ln, Glasgow, VA

This home is located at 25 Backwater Ln, Glasgow, VA 24555 since 08 March 2012 and is currently estimated at $149,100, approximately $136 per square foot. This property was built in 1962. 25 Backwater Ln is a home located in Rockbridge County with nearby schools including Rockbridge County High School.

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