NOT LISTED FOR SALE

2627 Lusters Gate Rd Blacksburg, VA 24060

Estimated Value: $329,000 - $366,000

3 Beds
2 Baths
1,898 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $80,000 $42 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $1,818/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Garden
  • Margaret Beeks Elementary School Rated A-
  • Porch
  • Electric Baseboard Heater

About This Home

As of February 2012

Home with great location. 3 bedrooms/2 full baths with full walk out finished basement. Very nice level lot. Home has 2 bedrooms and 1 full bath on the main level. Home needs some minor updating and repairs. Purchase this property for as little as 3% down!

Last Agent to Sell the Property

Darin Greear

Long & Foster - Blacksburg License #225086131 Listed on: 01/17/2012

Long & Foster - Blacksburg

Co-Listed By

Joanne Palmer

Long & Foster - Blacksburg License #225123410

Last Buyer's Agent

Tim Smoot

Welcome Home Real Estate License #225072851

Welcome Home Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $151

Year Built

  • Built in 1948

Lot Details

  • Rural Setting
  • Garden
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Repairs Needed
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,898 Sq Ft Home
  • Flue
  • Attic Access Panel

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 014244

Home Details

Home Type

Single Family

Est. Annual Taxes

$151

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Appearance: Average, Needs Repair
  • Estimated Total Finished Sq Ft: 1898
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 0701/0179
  • Legal Description: S C WEDDLE PLAT LOTS 93-94 PT 104
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Parcel Nbr: 014244
  • Patio Dim Descrip: Rear Patio
  • Porch Dim Descrip: Covered Front Porch
  • Property Sub Type: Detached
  • Style Structure Home: Cape Cod
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Attic: Access Only
  • Basement: Finished, Full, Outside Access, Shower Facilities, Walk Out
  • Bedrooms: 3
  • Fireplace: Flue
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Insulated Glass, Porch
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Air Conditioner: Window Unit(s)
  • Heating: Baseboard-Electric
  • Sewer: Septic
  • Water: Well

Lot Info

  • Land Description: Road Frontage, Rural, State Maintained Rd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2015
Current Estimated Value
$344,166

Purchase Details

Listed on
Jan 17, 2012
Closed on
Feb 22, 2012
Seller's Agent
Darin Greear
Long & Foster - Blacksburg
Buyer's Agent
Tim Smoot
Welcome Home Real Estate
List Price
$92,900
Sold Price
$80,000
Premium/Discount to List
-$12,900
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
-- $173,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $80,000 -13.9% $42 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $92,900 -- $49 / 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 $151 $198,500 $57,700 $140,800
2024 $1,489 $198,500 $57,700 $140,800
2023 $1,390 $198,500 $57,700 $140,800
2022 $1,343 $150,900 $46,200 $104,700
2021 $1,343 $150,900 $46,200 $104,700
2020 $1,343 $150,900 $46,200 $104,700
2019 $1,343 $150,900 $46,200 $104,700
2018 $1,207 $135,600 $46,200 $89,400
2017 $1,207 $135,600 $46,200 $89,400
2016 $1,207 $135,600 $46,200 $89,400
2015 $1,207 $135,600 $46,200 $89,400
2014 $1,284 $144,300 $55,400 $88,900
Source: Public Records

Agents Affiliated with this Home

  • Darin Greear

    Seller's Agent in 2012

    Darin Greear

    Long & Foster - Blacksburg

    (540) 320-5859

    619 Total Sales

    Darin Greear
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Joanne Palmer

    Long & Foster - Blacksburg

  • T

    Buyer's Agent in 2012

    Tim Smoot

    Welcome Home Real Estate

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 304703

New River Valley Association of REALTORS®

APN: 014244

Virginia Montgomery County Blacksburg 24060

2627 Lusters Gate Rd, Blacksburg, VA

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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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