NOT LISTED FOR SALE

2980 Gravel Hill Rd Vinton, VA 24179

Estimated Value: $344,944 - $414,000

3 Beds
4 Baths
2,078 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $300,000 $144 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,062/month

9 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Central Air
  • No HOA
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of July 2022

SPACIOUS 2 STORY W/FINISHED BASEMENT SITUATED ON AN ACRE LOT. GREAT COUNTRY SETTING WITHPRIVACY BUT MINUTES FROM VINTON, ROANOKE AND SMITH MTN LAKE. GORGEOUS ROCKING CHAIR FRONT PORCH. MAINTAINANCE FREE EXTERIOR WITH NEWER ROOF. HUGE KITCHEN W/GRANITE COUNTERS, WALK-IN PANTRY AND SUBWAY TILE BACKSPLASH. FAMILY RM WITH GAS FIREPLACE, DINING ROOM WITH BUILT IN CABINETS. SPACIOUS MASTER BDRM W/WALK IN CLOSET, MASTER BATH AND WALK-IN TILED SHOWER. FINISHED FAMILY RM ON LOWER LEVEL W/1/2 BATH. DECK OVERLOOKS PRIVATE BACKYARD. 2 CAR GARAGE. HARDWOODS ON MAIN LEVEL AND HALL UPSTAIRS.

Last Agent to Sell the Property

Karin Colozza

MKB, REALTORS(r) License #0225182848 Listed on: 06/20/2022

MKB, REALTORS(r)

Last Buyer's Agent

Sharon Smith

RE/MAX REAL ESTATE ONE License #0225086492

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1997

Lot Details

  • 1.01 Acre Lot

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Stewartsville Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Dishwasher, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 864.00
  • Fireplace Number Fireplaces: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 350.00
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1728
  • TotalBdrm: 3
  • TotalBths: 2.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2078.00
  • TotalHBaths: 2
  • UpperAboveGrdFin Sq Ft: 864.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.01
  • Lot: 4

Building Info

  • Year Built: 1997

Tax Info

  • Taxes (6 mo): 965.50

MLS Schools

  • Elementary School: Stewartsville
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 25, 2022
Sold by
Larson Ryan B
Bought by
Penson Nicholas and Penson Vanessa
Seller's Agent
Karin Colozza
MKB, REALTORS(r)
Buyer's Agent
Sharon Smith
RE/MAX REAL ESTATE ONE
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$375,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,486
Avg. Annual Appreciation
7.15%
Original Mortgage
$240,000
Outstanding Balance
$229,638
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$145,848

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 29, 2019
Sold by
The Last Will And Testament Of Pamela Ja
Bought by
Larson Ryan B
Seller's Agent
Rose Dudley
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Karin Colozza
MKB, REALTORS(r)
List Price
$224,950
Sold Price
$222,500
Premium/Discount to List
-$2,450
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$218,469
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2005
Sold by
Campbell Eric and Campbell Kellie C
Bought by
Henderson Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Penson Nicholas $300,000 First American Title
Larson Ryan B $222,500 Homestead Settlement Service
Henderson Pamela J $188,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penson Nicholas $240,000
Previous Owner Larson Ryan B $218,469
Previous Owner Henderson Pamela J $150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $300,000 -3.2% $144 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $310,000 +39.3% $149 / Sq Ft
08/30/2019 08/30/19 Sold $222,500 -1.1% $107 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $224,950 -- $108 / 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
2025 $1,039 $253,300 $40,000 $213,300
2024 $1,039 $253,300 $40,000 $213,300
2023 $1,039 $126,650 $0 $0
2022 $966 $96,550 $0 $0
2021 $966 $193,100 $30,000 $163,100
2020 $966 $193,100 $30,000 $163,100
2019 $966 $193,100 $30,000 $163,100
2018 $925 $177,800 $30,000 $147,800
2017 $925 $177,800 $30,000 $147,800
2016 $925 $177,800 $30,000 $147,800
2015 $925 $177,800 $30,000 $147,800
2014 $950 $182,700 $30,000 $152,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890622

Roanoke Valley Association of REALTORS®

APN: 190-3-4