NOT LISTED FOR SALE

2671 Lusters Gate Rd Blacksburg, VA 24060

Estimated Value: $322,000 - $327,000

2 Beds
1 Bath
871 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $328,500 $377 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,878/month

8 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a pond
  • Pond
  • Margaret Beeks Elementary School Rated A-
  • Deck
  • Living Room with Fireplace

About This Home

As of October 2024

Experience the charm of this beautifully remodeled cottage, situated just a few miles outside town limits, with breathtaking mountain views and a serene pond. Inside, you’ll find custom hardwood floors and a stone fireplace with gas logs, adding warmth and elegance. The home also features a newer roof, siding, gutters, and well pump (2022). Outside, imagine sipping a cup of coffee each morning while relaxing on the covered front porch, taking in the picturesque surroundings. Additionally, there’s a versatile She/He Shed with electricity and internet hookup as well as garden space that is perfect for growing your own vegetables or flowers. This property is ideal as a starter home, an Airbnb investment, or as a place to live while you build your dream home on the remaining acreage. Located in the Blacksburg school district, it combines rural tranquility with convenience and breathtaking views.

Last Agent to Sell the Property

Kari Taylor

RE/MAX 8 - Blacksburg Listed on: 08/23/2024

Last Buyer's Agent

Brad Taylor

RE/MAX 8 - Blacksburg

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 3.48 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Private Yard
  • Garden
  • Property is in very good condition

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 871 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Electric Range
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Pond
  • Deck
  • Storage Shed
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 000020

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

3.48 Acres

Listing Details

  • Appearance: Remodeled, Very Good
  • Estimated Total Finished Sq Ft: 871
  • Cable Internet Company: Xfinity
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: S C WEDDLE PLAT LT 77A LUSTERS GT
  • Lvt Date: 08/23/2024
  • Master On Main: Yes
  • Parcel Nbr: 000020
  • Property Sub Type: Detached
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Style Structure Home: Bungalow/Cottage
  • Water Frontage: Pond
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Range/Electric, Refrigerator
  • Attic: Pull Down Stairs
  • Basement: Crawl Space
  • Bedrooms: 2
  • Fireplace: Gas Logs/Vented, Living Room
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Ceramictile Bath(s), Laundry On Main

Exterior Features

  • Exterior Features: Deck, Garden Space, Gravel Driveway, Porch, Private Yard, Storage Shed
  • Exterior Finish: Cement-Composite
  • Roofing: Metal

Utilities

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

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Estimated Lot Size: 3.483
  • Land Description: Pond, Rural, Suitable For Horses, View
  • Lot Size: 151719.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Goff Jared and Goff Jessica
Bought by
Wells Andrew M and Wells Katherine
Current Estimated Value
$323,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,375
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2022
Closed on
May 10, 2022
Sold by
Lester William J
Bought by
Goff Jared and Goff Jessica
Seller's Agent
James Nolen
Nest Realty SWVA
Buyer's Agent
Brad Taylor
RE/MAX 8 - Blacksburg
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$245,471
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2010
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Wells Andrew M $328,500 Fidelity National Title
Goff Jared $250,000 New Title Company Name
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Andrew M $246,375
Previous Owner Goff Jared $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2024 10/07/24 Sold $328,500 +7.7% $377 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $304,900 +22.0% $350 / Sq Ft
05/24/2022 05/24/22 For Sale $250,000 0.0% $287 / Sq Ft
05/18/2022 05/18/22 Sold $250,000 -- $287 / Sq Ft View Prior Sale
04/09/2022 04/09/22 Pending -- -- --
Source: New River Valley Association of REALTORS®

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 $1,791 $235,700 $93,500 $142,200
2024 $1,768 $235,700 $93,500 $142,200
2023 $1,650 $235,700 $93,500 $142,200
2022 $1,177 $132,300 $74,800 $57,500
2021 $1,177 $132,300 $74,800 $57,500
2020 $1,177 $132,300 $74,800 $57,500
2019 $1,177 $132,300 $74,800 $57,500
2018 $1,075 $120,800 $74,800 $46,000
2017 $1,075 $120,800 $74,800 $46,000
2016 $1,075 $120,800 $74,800 $46,000
2015 $1,075 $120,800 $74,800 $46,000
2014 $1,242 $139,500 $89,800 $49,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 421990

New River Valley Association of REALTORS®

APN: 000020

Your Personal Tour Guide

Ask me questions while you tour the home.