NOT LISTED FOR SALE

2940 New Ridge Rd Elliston, VA 24087

Estimated Value: $80,000 - $84,000

2.7 Acres
$30,438 Price per Acre
117,612 Sq Ft Lot

Last Sold January 24, 2023

Last sale price $69,400

Est. 18% increase in value since last sale

Current estimated payment $483/month

68 Days on Market

About This Lot

As of January 2023

Worthy of your dream home, offering a peaceful retreat! This 4.3 acre lot is in an ideal location for a commute to Blacksburg or Roanoke.

Last Agent to Sell the Property

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 09/21/2022

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 09/21/2022

RE/MAX 8 - Blacksburg

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $432

Lot Details

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 035127

Property Details

Property Type

Land

Est. Annual Taxes

$432

Lot Details

0

Listing Details

  • Class: Land
  • County Or City: Montgomery
  • Legal Description: The Ridges PH 3 LOT 19
  • Lvt Date: 09/21/2022
  • Parcel Nbr: 035127
  • Property Sub Type: Land
  • Special Features: None

Condo/Co-op/Association

  • HOA: Covenants & Restrctn

Schools

  • School District: Montgomery County
  • Elementary School: Eastern Montgomery
  • Middle School: Shawsville
  • High School: Eastern Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 18, 2023
Sold by
Kao Joanne M
Bought by
Armour William O and Armour Dawn L
Seller's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
Buyer's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
List Price
$75,000
Sold Price
$69,400
Premium/Discount to List
-$5,600
-7.47%
Views
7
Current Estimated Value
$82,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,783
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Nov 15, 2022
Sold by
Jocz-Kao Joanne M and Kao Joanne M
Bought by
Kao Joanne M and Jocz-Kao Joanne M

Purchase Details

Closed on
Jan 1, 1999
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
Armour William O $69,400 Fidelity National Title
Kao Joanne M -- None Listed On Document
-- $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $69,400 -7.5% --
11/28/2022 11/28/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $75,000 -- --
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 $432 $56,900 $56,900 $0
2024 $427 $56,900 $56,900 $0
2023 $398 $56,900 $56,900 $0
2022 $506 $56,900 $56,900 $0
2021 $506 $56,900 $56,900 $0
2020 $506 $56,900 $56,900 $0
2019 $506 $56,900 $56,900 $0
2018 $506 $56,900 $56,900 $0
2017 $506 $56,900 $56,900 $0
2016 $506 $56,900 $56,900 $0
2015 $506 $56,900 $56,900 $0
2014 $506 $56,900 $56,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 416409

New River Valley Association of REALTORS®

APN: 035127