NOT LISTED FOR SALE

2501 Ridge Rd Blacksburg, VA 24060

Farmview-Ramble Neighborhood

Estimated Value: $329,000 - $768,000

4 Beds
3.5 Baths
1,920 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $265,000 $138 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,555/month

5 Days on Market

Highlights

  • Living Room with Fireplace
  • Margaret Beeks Elementary School Rated A-
  • Carpet

About This Home

As of March 2020

Spacious Three Level Townhouse, convenient to Corporate Research Park as well as Via School of Medicine. Blacksburg Transit stop approximately 100+ ft out your front door. New flooring from top to bottom. New fixtures in all baths. Master on both Upper and Lowers Levels. 8' x 14' Deck off Main Level Living Room as well as an 8' x 12' Patio off of your Basement Den. New Front Door and Storm Door.Exceptional Personal Residence or Investment Property. Will not last!

Last Agent to Sell the Property

Kerry Gillispie

RE/MAX 8 - Blacksburg License #225029850 Listed on: 01/31/2020

RE/MAX 8 - Blacksburg

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1988

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Trim

Interior Spaces

  • 1,920 Sq Ft Home
  • Living Room with Fireplace
  • Attic Access Panel
  • Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior bldg maint
  • Property managed by Townside
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 028365

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,968

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1920
  • Estimated Upper Finished Sq Ft: 640
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2002/012949
  • HOA Management Company: Townside
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Lot 25 Ramble Ridge Sec II;
  • Lvt Date: 01/31/2020
  • Number Rooms: 9
  • Parcel Nbr: 028365
  • Patio Dim Descrip: 8' x 20'
  • Property Sub Type: Townhouse
  • Lower Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Townhouse
  • Total Gross Building Area: 1920
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Laminated
  • Appliances: Dishwasher, Range/Electric, Refrigerator
  • Attic: Access Only
  • Basement: Finished
  • Bedrooms: 4
  • Fireplace: Living Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Blacktop Driveway
  • Exterior Finish: Brick, Vinyl

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Covenants & Restrctn
  • HOA Fee Includes: Common Area Maint, Exterior Bldg Maint

Schools

  • School District: Montgomery County
  • Elementary School: Margaret Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 6534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Feb 24, 2020
Sold by
Scott Roop Mark
Bought by
Davis Connor A and Johnson Paul B
Seller's Agent
Kerry Gillispie
RE/MAX 8 - Blacksburg
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$448,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,880
Avg. Annual Appreciation
10.11%
Original Mortgage
$198,750
Outstanding Balance
$178,210
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$273,636

Purchase Details

Closed on
Sep 13, 2002
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
Davis Connor A $265,000 First American Title
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Connor A $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $265,000 +1.9% $138 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $260,000 -- $135 / 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 $1,968 $258,900 $50,000 $208,900
2024 $1,942 $258,900 $50,000 $208,900
2023 $1,812 $258,900 $50,000 $208,900
2022 $1,645 $184,800 $30,000 $154,800
2021 $1,645 $184,800 $30,000 $154,800
2020 $1,573 $176,700 $30,000 $146,700
2019 $1,573 $176,700 $30,000 $146,700
2018 $1,457 $163,700 $30,000 $133,700
2017 $1,457 $163,700 $30,000 $133,700
2016 $1,457 $163,700 $30,000 $133,700
2015 $1,457 $163,700 $30,000 $133,700
2014 $2,334 $166,600 $30,000 $136,600
Source: Public Records

Agents Affiliated with this Home

  • Kerry Gillispie

    Seller's Agent in 2020

    Kerry Gillispie

    RE/MAX

    (540) 320-1684

    4 in this area

    57 Total Sales

    Kerry Gillispie
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 407707

New River Valley Association of REALTORS®

APN: 028365

Virginia Montgomery County Blacksburg 24060 Farmview-Ramble

2501 Ridge Rd, Blacksburg, VA

This home is located at 2501 Ridge Rd, Blacksburg, VA 24060 since 31 January 2020 and is currently estimated at $448,880, approximately $233 per square foot. This property was built in 1988. 2501 Ridge Rd is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg 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.

New River 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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