NOT LISTED FOR SALE

Estimated Value: $173,000 - $325,000

1 Bed
1 Bath
452 Sq Ft
$560/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $217,000 $480 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,503/month

5 Days on Market

Highlights

  • 57,630 Sq Ft lot
  • Secluded Lot
  • Main Floor Primary Bedroom
  • Blacksburg High School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of March 2022

Unique opportunity to own a one-bedroom cottage on 1.3 acres and have the national forest and Pandapas trails in your back yard. Access to the mountain can be found in two different places just down the street in either direction. This adorable cottage offers a full kitchen, large bedroom with built-in closet space, full-size washer and dryer, heat pump, new roof, encapsulated crawlspace, and all the privacy you could want. The home is minutes from the VT campus and the recent trials and bike park that Montgomery County has spent thousands of dollars to create. Great Hokie pad, student rental, or mountain getaway.

Last Agent to Sell the Property

Brian McHone

RE/MAX 8 - Blacksburg License #0225077871 Listed on: 02/08/2022

Last Buyer's Agent

James Craighead

RE/MAX 8 - Blacksburg

RE/MAX 8 - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1930

Lot Details

  • 1.32 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Cleared Lot
  • Private Yard
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 452 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015068

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 452
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: BRUSH MT LOT
  • Lvt Date: 02/08/2022
  • Master On Main: Yes
  • Number Rooms: 3
  • Parcel Nbr: 015068
  • Property Sub Type: Detached
  • Rent Per Month: 1000
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 1
  • Style Structure Home: Bungalow/Cottage
  • Total Gross Building Area: 452
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Crawl Space
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Laundry On Main

Exterior Features

  • Exterior Features: Gravel Driveway, Insulated Glass, Private Yard
  • Exterior Finish: Vinyl
  • Roofing: Metal

Utilities

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

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Kipps
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: Part Cleared, Right Of Way Access, Rural, Secluded Lot, State Maintained Rd
  • Lot Size: 57629.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 8, 2022
Sold by
Karl Schneider Kristopher
Bought by
Lepene Benjamin S and Lepene Flavia Monteiro
Seller's Agent
Brian McHone
RE/MAX 8 - Blacksburg
Buyer's Agent
James Craighead
RE/MAX 8 - Blacksburg
List Price
$198,000
Sold Price
$217,000
Premium/Discount to List
$19,000
9.6%
Current Estimated Value
$253,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,261
Avg. Annual Appreciation
4.59%
Original Mortgage
$162,750
Outstanding Balance
$152,340
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$100,921

Purchase Details

Closed on
Jan 1, 1998
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
Lepene Benjamin S $217,000 Ryan L Pry Pc
-- $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepene Benjamin S $162,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $217,000 +9.6% $480 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $198,000 +61.6% $438 / Sq Ft
09/19/2017 09/19/17 Sold $122,500 -9.3% $271 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $135,000 -- $299 / 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
2025 $1,472 $193,700 $59,000 $134,700
2024 $1,453 $193,700 $59,000 $134,700
2023 $1,356 $193,700 $59,000 $134,700
2022 $862 $96,900 $36,500 $60,400
2021 $862 $96,900 $36,500 $60,400
2020 $862 $96,900 $36,500 $60,400
2019 $862 $96,900 $36,500 $60,400
2018 $681 $76,500 $36,500 $40,000
2017 $681 $76,500 $36,500 $40,000
2016 $681 $76,500 $36,500 $40,000
2015 $681 $76,500 $36,500 $40,000
2014 $1,254 $89,500 $47,900 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 414198

New River Valley Association of REALTORS®

APN: 015068