NOT LISTED FOR SALE

265 Rabbit Meadows Rd Newport, VA 24128

Estimated Value: $311,000

2 Beds
1 Bath
864 Sq Ft
$360/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $350,000 $405 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,715/month

81 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Wood Burning Stove
  • 116.32 Acre Lot
  • Deck
  • Secluded Lot

About This Home

As of February 2024

Here is your chance to own your own private116+ acre mountain retreat! Located just below the Historic Mountain Lake Hotel in Newport, only 3 miles from Rt. 460, not far from Virginia Tech, Blacksburg, I-81, etc... You have a 2 bedroom, 1 bath home on a full walk out basement with wood stove and wrap around deck. Many trails throughout the mature timber and great long distance views with numerous mountain springs and pond sites! Abundant wildlife for your own private hunting resort! Brand new survey on file too! Call for a private showing today!

Last Agent to Sell the Property

Darin Greear

LONG & FOSTER - NEW RIVER VALLEY License #0225086131 Listed on: 09/06/2023

LONG & FOSTER  - NEW RIVER VALLEY

Last Buyer's Agent

Darin Greear

LONG & FOSTER - NEW RIVER VALLEY License #0225086131 Listed on: 09/06/2023

LONG & FOSTER  - NEW RIVER VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1990

Lot Details

  • 116.32 Acre Lot
  • Secluded Lot
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Flue
  • Family Room with Fireplace
  • Mountain Views
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Stream or River on Lot
  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Spring water is a source of water for the property
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Wood Stove
  • Heating System: Other - See Remarks
  • Fireplace(s): Basement, Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Deck, Garden Space
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 864.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1728
  • LaundryLaundryLowerLevel: 1
  • Major Area: 28 - Giles County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-11-26
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 864
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 864.00
  • TotalUnfin Sq Ft: 864.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 864.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Other - See Remarks

Utilities

  • Sewer Description: Private Septic
  • Water Description: Spring
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, Stream

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Secluded, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 116.32

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 2038.64
  • FILLTAXID: 44-4, 44-4A, 44-4D, 44-4E

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $350,000 -6.6% $405 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $374,900 -6.0% $434 / Sq Ft
09/06/2023 09/06/23 For Sale $398,900 -- $462 / Sq Ft
Source: Roanoke 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
2024 $149 $43,700 $43,700 $0
2023 $864 $127,100 $60,700 $66,400
2022 $864 $127,100 $60,700 $66,400
2021 $0 $127,100 $60,700 $66,400
2020 $826 $127,100 $60,700 $66,400
2019 $784 $117,000 $60,700 $56,300
2018 $737 $117,000 $60,700 $56,300
2017 -- $117,000 $60,700 $56,300
2016 $737 $117,000 $60,700 $56,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901485

Roanoke Valley Association of REALTORS®

APN: 44-4D