NOT LISTED FOR SALE

2782 Red Root Ridge Rd Raven, VA 24639

Estimated Value: $77,000 - $157,000

3 Beds
1 Bath
1,056 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $6,000 $6 Per Sq Ft

Est. 1,655% increase in value since last sale

Current estimated payment $612/month

55 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Bathroom on Main Level
  • Porch
  • Living Room
  • Attached Carport

About This Home

As of July 2019

Major issues on this ranch home. Roof has deteriorated with leakage into the inside. Subject is listed for land value with 2.07 acres. With water and septic in place, it would be a great location to remove existing house and build a new dwelling. Seller is The Secretary of Agriculture. Seller to convey title via a quit claim/non-warranty deed. Plumbing system did not hold pressure at initial winterization. **Due to the condition, prior to entry/access all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment.

Last Listed By

Sandra Snaden

Highlands Realty, Inc. Listed on: 05/13/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 2.07 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Attached Carport

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Exterior Basement Entry
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Raven Elementary School
  • Richlands Middle School
  • Richlands High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.07
  • Lot Size: 2.07 acres
  • Road Surface Type: Paved
  • Directions: I81S to Exit 14, R on Old Jonesboro, R on Main, L on US19 to L on Redbud Hwy. R on Swords Creek Rd, Left on Raven Rd, L on Gov George C Perry Hwy, R on Jacks Creek, Left on Red Root Ridge. Subject is on the Right.
  • Above Grade Finished Sq Ft: 1056
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1980
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Has Basement: Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1056
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Other, Internet Availability Other/See Remarks
  • Living Area: 1056
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: Assessor
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First

Exterior Features

  • Lot Features: Rolling/Sloping
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch Open
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Raven
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 90169.2
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 331.18
  • Tax Lot: 2
  • Tax Map Number: 85 03 0002
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 16, 2019
Sold by
United States Department Of Agriculture
Bought by
Miller Lloyd R
Seller's Agent
Sandra Snaden
Highlands Realty, Inc.
Buyer's Agent
Sandra Snaden
Highlands Realty, Inc.
List Price
$12,500
Sold Price
$6,000
Premium/Discount to List
-$6,500
-52%
Total Days on Market
55
Current Estimated Value
$105,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,290
Avg. Annual Appreciation
57.02%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Mosley Sherry C
Bought by
Rural Devlopment

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
Miller Lloyd R $6,000 None Available
Rural Devlopment $22,600 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $6,000 -52.0% $6 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $12,500 -- $12 / Sq Ft
Source: Southwest Virginia 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
2023 $331 $57,100 $5,000 $52,100
2022 $331 $57,100 $5,000 $52,100
2021 $331 $57,100 $5,000 $52,100
2020 $331 $57,100 $5,000 $52,100
2019 $331 $57,100 $5,000 $52,100
2018 $421 $57,100 $5,000 $52,100
2017 $421 $76,600 $6,000 $70,600
2016 -- $76,600 $6,000 $70,600
2015 -- $76,600 $6,000 $70,600
2014 -- $76,600 $6,000 $70,600
2013 -- $76,600 $6,000 $70,600
Source: Public Records

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Source: Southwest Virginia Association of REALTORS®

MLS Number: 69513

APN: 085-03-0002