NOT LISTED FOR SALE

2507 Ridge Rd Blacksburg, VA 24060

Farmview-Ramble Neighborhood

Estimated Value: $274,000 - $768,000

4 Beds
3.5 Baths
1,920 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $280,000 $146 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,454/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Patio
  • Margaret Beeks Elementary School Rated A-
  • In-Law or Guest Suite
  • Landscaped

About This Home

As of June 2021

Very nice 4 bed, 3.5 bath townhouse in a great location, perfect for VCOM students or for an investor looking for great rental property! Near public transport, VT downtown and several shops and restaurants. New heat pump in 2019 and water heater in 2015.

Last Agent to Sell the Property

Cynthia Ilewicz

Nest Realty SWVA License #0225206918 Listed on: 04/29/2021

Nest Realty SWVA

Last Buyer's Agent

Joy Nosenzo

NextHome New River Valley

NextHome New River Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Landscaped
  • Property is in very good condition

Home Design

  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,920 Sq Ft Home
  • Attic Access Panel
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance, common area maintenance, exterior bldg maint, snow removal
  • Property managed by Townside

Listing and Financial Details

  • Assessor Parcel Number 028368

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,941

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 1920
  • Estimated Upper Finished Sq Ft: 640
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2006/010976
  • HOA Management Company: Townside
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: RAMBLE RIDGE SEC II LOT 28
  • Lvt Date: 04/29/2021
  • Miscellaneous: Breakers, Near Pub Transport, Schools (Walking)
  • Number Rooms: 8
  • Parcel Nbr: 028368
  • Property Sub Type: Townhouse
  • Bathrooms in the Basement: 1
  • Number of Upper Level Bathrooms: 2
  • Room Level Bedrooms Bsmt: 1
  • Room Level Bedrooms Uppe: 3
  • Main Level Half Bathrooms: 1
  • Half Bathrooms Upstairs: 2
  • Style Structure Home: Townhouse
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Dryer Hookup-Elec, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Finished, Laundry, Outside Access, Walk Out
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Guest Suite, Walls-Drywall

Exterior Features

  • Exterior Features: Cable Available, Curbs, Deck, Quality Landscaping, Sidewalks, Storage Shed, Street Lights, Patio
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance, Common Area Maint, Exterior Bldg Maint, Snow Removal

Schools

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

Lot Info

  • Land Description: Subdivision
  • Lot Size: 1742.4
  • Zoning: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 27, 2021
Sold by
Espinoza Raul A and Espinoza Mabel A
Bought by
Prime Property Rentals Llc
Seller's Agent
Cynthia Ilewicz
Nest Realty SWVA
Buyer's Agent
Joy Nosenzo
NextHome New River Valley
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$430,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,129
Avg. Annual Appreciation
10.97%
Original Mortgage
$238,000
Outstanding Balance
$217,812
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$219,414

Purchase Details

Closed on
Aug 28, 2006
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Prime Property Rentals Llc $280,000 Old Republic National Title
-- $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prime Property Rentals Llc $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $280,000 0.0% $146 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $280,000 -- $146 / 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 $1,941 $255,400 $50,000 $205,400
2024 $1,916 $255,400 $50,000 $205,400
2023 $1,788 $255,400 $50,000 $205,400
2022 $1,616 $181,600 $30,000 $151,600
2021 $1,544 $173,500 $30,000 $143,500
2020 $1,544 $173,500 $30,000 $143,500
2019 $1,544 $173,500 $30,000 $143,500
2018 $1,428 $160,500 $30,000 $130,500
2017 $1,428 $160,500 $30,000 $130,500
2016 $1,428 $160,500 $30,000 $130,500
2015 $1,428 $160,500 $30,000 $130,500
2014 $1,454 $163,400 $30,000 $133,400
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Ilewicz

    Seller's Agent in 2021

    Cynthia Ilewicz

    Nest Realty SWVA

    (540) 808-3691

    1 in this area

    45 Total Sales

    Cynthia Ilewicz
    Section Image

  • J

    Buyer's Agent in 2021

    Joy Nosenzo

    NextHome New River Valley

    Section Image
See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 411736

New River Valley Association of REALTORS®

APN: 028368

Virginia Montgomery County Blacksburg 24060 Farmview-Ramble

2507 Ridge Rd, Blacksburg, VA

This home is located at 2507 Ridge Rd, Blacksburg, VA 24060 since 29 April 2021 and is currently estimated at $430,129, approximately $224 per square foot. This property was built in 1988. 2507 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.

Nearby Homes