NOT LISTED FOR SALE

3253 Black Ridge Rd SW Floyd, VA 24091

2 Beds
2 Baths
1,582 Sq Ft
84.87 Acres

Last Sold October 29, 2021

Last sale price $1,120,000 $708 Per Sq Ft

78 Days on Market

Highlights

  • Waterfront
  • Main Floor Primary Bedroom
  • Porch
  • 3,696,937 Sq Ft lot
  • No HOA
  • Views

About This Home

As of October 2021

Amazing opportunity to own not only one of the nicest pieces of land in Floyd County, but also a residence and turnkey outdoor recreation business with great access to the Town of Floyd and the Blue Ridge Parkway. This zipline business has already turned profitable only after two years of operation and the outlook for this business and property is limitless. 84 +/- acres with picturesque pond and trails throughout. High end living quarters in one half of the main building and the other half hosts the customers that come to ride the ziplines. Use apartment for "owners quarters" or rent out for a vacation rental. Develop cabins along the ridge or near the pond, this property has so much future potential. Call today to arrange an appointment to see this beautiful mountain getaway and business. You won't be disappointed.

Last Listed By

Derek Wall

Thomas & Wall Real Estate LLC License #225195345 Listed on: 04/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 2019

Lot Details

  • 84.87 Acre Lot
  • Waterfront
  • Rural Setting
  • Property is in very good condition

Home Design

  • 1,582 Sq Ft Home
  • Metal Roof
  • Aluminum Siding
  • Stone Exterior Construction

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7244

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 1582
  • Estimated Upper Finished Sq Ft: 448
  • Cable Internet Company: Citizens Coop
  • Class: Residential
  • County Or City: Floyd
  • Deed Bk Pg Instrumnt: DBS-19-0000272
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Parcel ID's 72-41, 42,43,44
  • Lvt Date: 04/16/2021
  • Master On Main: Yes
  • Number Rooms: 9
  • Parcel Nbr: 7244
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 2
  • Year Built: 2019
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Concrete
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Oven, Range/Gas, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Porch
  • Exterior Finish: Aluminum, Stone
  • Roofing: Metal

Utilities

  • Air Conditioner: Central Electric
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Floyd
  • High School: Floyd County

Lot Info

  • Land Description: Rural, View, Water Frontage
  • Lot Size: 3696937.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Sep 7, 2021
Sold by
Smj Land Holdings Llc
Bought by
Jem Holdings Llc
Seller's Agent
Derek Wall
Thomas & Wall Real Estate LLC
Buyer's Agent
Craig Chancellor
Re/Max Dominion
List Price
$1,100,000
Sold Price
$1,120,000
Premium/Discount to List
$20,000
1.82%
Total Days on Market
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.25%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Feb 12, 2019
Sold by
Bohning Phyllis S and Bohning Miles A
Bought by
Smj Land Holdings Llc

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
Jem Holdings Llc $1,120,000 Attorney
Smj Land Holdings Llc $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jem Holdings Llc $896,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,120,000 +1.8% $708 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,100,000 -- $695 / Sq Ft
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
2024 $2,764 $412,600 $331,300 $81,300
2023 $2,682 $412,600 $331,300 $81,300
2022 $1,215 $186,900 $186,900 $0
2021 $1,177 $186,900 $186,900 $0
2020 $1,121 $186,900 $186,900 $0
2019 $1,121 $186,900 $186,900 $0
2018 $1,121 $186,900 $186,900 $0
2017 $1,028 $186,900 $186,900 $0
2016 $1,028 $186,900 $186,900 $0
2015 -- $186,900 $186,900 $0
2014 -- $208,200 $208,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 411580

New River Valley Association of REALTORS®

APN: 72-44