NOT LISTED FOR SALE

2501 Ridgeview Rd NW Floyd, VA 24091

Estimated Value: $358,000

2 Beds
1 Bath
861 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 29, 2012

Last sale price $109,000 $127 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $2,029/month

188 Days on Market

Highlights

  • Horses Allowed On Property
  • Main Floor Primary Bedroom
  • Porch
  • A-Frame Home
  • Fenced Yard
  • Stream

About This Home

As of October 2012

43K under tax assessment. Heat pump about 1 year as per owner. House needs work. Is on a septic. Water is spring with modern engineered system. No government loans. Land is wonderful with stream, fruit trees and hardwoods. Great location 4 mi. off Rt. 8. A handy man's dream who likes wildlife and land. Cindar block foundation appears to be in good condition but needs to be varified. Taxes approximate. House and buildings sold ''AS IS'' Owner will make no repairs.

Last Agent to Sell the Property

Barbara Cumbee

NRV Gateway Realty Inc License #225074934 Listed on: 04/06/2012

Last Buyer's Agent

Barbara Cumbee

NRV Gateway Realty Inc License #225074934 Listed on: 04/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1950

Lot Details

  • Rural Setting
  • Fenced Yard
  • Cleared Lot
  • Garden
  • Property is zoned Agricultural

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Repairs Needed
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 861 Sq Ft Home
  • Flue
  • Electric Range

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Septic System

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • Stream

Listing and Financial Details

  • Assessor Parcel Number 51063-40-65

Home Details

Home Type

Single Family

Est. Annual Taxes

$942

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Appearance: Needs Repair
  • Estimated Total Finished Sq Ft: 861
  • Class: Residential
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: DB 0185-0224
  • Legal Description: 24.2279 AC RIDGEVIEW
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 5
  • Parcel Nbr: 40-65
  • Porch Dim Descrip: 7 X 11 Front
  • Property Sub Type: Detached
  • Style Structure Home: A-Frame
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Appliances: Range/Electric, Refrigerator
  • Basement: Concrete Floor, Outside Access, Partial
  • Bedrooms: 2
  • Fireplace: Flue
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Fenced Yard, Garden Space, Gravel Driveway, Porch, Private Yard
  • Exterior Finish: Wood
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Spring

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • Middle School: Floyd
  • High School: Floyd County

Lot Info

  • Land Description: Part Cleared, Road Frontage, Rural, State Maintained Rd, Stream, Suitable For Horses
  • Zoning: Agricultural

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 51063-40-65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Annarelli David J and Mcallister Annemarie
Bought by
Annarelli David J
Current Estimated Value
$358,000

Purchase Details

Listed on
Apr 6, 2012
Closed on
Oct 18, 2012
Sold by
Richardson Scott
Bought by
Annarelli David J
Seller's Agent
Barbara Cumbee
NRV Gateway Realty Inc
Buyer's Agent
Barbara Cumbee
NRV Gateway Realty Inc
List Price
$125,000
Sold Price
$109,000
Premium/Discount to List
-$16,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$550
Outstanding Balance
$390
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$281,610
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
Annarelli David J -- None Available
Annarelli David J $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annarelli David J $550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2012 10/29/12 Sold $109,000 -12.8% $127 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $125,000 -- $145 / 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 $942 $214,100 $146,200 $67,900
2024 $965 $144,000 $88,700 $55,300
2023 $936 $144,000 $88,700 $55,300
2022 $936 $144,000 $88,700 $55,300
2021 $907 $144,000 $88,700 $55,300
2020 $859 $144,000 $88,700 $55,300
2019 $848 $141,300 $88,700 $52,600
2018 $848 $141,300 $88,700 $52,600
2017 $777 $141,300 $88,700 $52,600
2016 $777 $141,300 $88,700 $52,600
2015 -- $141,300 $88,700 $52,600
2014 -- $158,500 $100,300 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 305876

New River Valley Association of REALTORS®

APN: 40-65