NOT LISTED FOR SALE

3956 Timber Ridge Buchanan, VA 24066

Estimated Value: $129,000 - $292,000

2 Beds
1 Bath
1,000 Sq Ft
$228/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2022

Last sale price $105,000 $105 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,321 / mo

17 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1-Story Property
  • Central Academy Middle School Rated A-
  • Detached Garage
  • Garden

About This Home

As of July 2022

Excellent opportunity to build equity fast in this Botetourt county home. Sitting on 2.25 flat acres with a detached shop with concrete floor, and a small barn. This is the perfect project house as the kitchen is gutted and ready for your vision. Hardwood floors in the living room and under carpet in the bedrooms. Great potential for personal project or investors.

Last Agent to Sell the Property

Austin Bousman

RE/MAX ALL STARS License #0225235858 Listed on: 06/03/2022

RE/MAX ALL STARS

Last Buyer's Agent

Edward Brugh

GATEWAY REAL ESTATE LLC License #0225056115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1960

Lot Details

  • 2.25 Acre Lot
  • Garden

Parking

  • Detached Garage

Home Design

  • Hardboard

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1960

Lot Details

2.25 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1000.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 07 - Botetourt County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1000.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.25

Building Info

  • Year Built: 1960

Tax Info

  • Taxes (6 mo): 1006.46

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 12, 2022
Sold by
Petty Kristopher M
Bought by
Ferkler Kay C
Seller's Agent
Austin Bousman
RE/MAX ALL STARS
Buyer's Agent
Edward Brugh
GATEWAY REAL ESTATE LLC
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$221,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,408
Avg. Annual Appreciation
22.31%

Purchase Details

Closed on
Dec 13, 2005
Sold by
Bailey Real Estate Llc
Bought by
Hix Darrell R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.17%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ferkler Kay C $105,000 Spigle Massey & Ciay Plc
Hix Darrell R $49,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Hix Darrell R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $105,000 -8.7% $105 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $115,000 -- $115 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,450 $207,100 $42,500 $164,600
2024 $1,450 $207,100 $42,500 $164,600
2023 $1,006 $127,400 $37,500 $89,900
2022 $1,006 $127,400 $37,500 $89,900
2021 $1,006 $127,400 $37,500 $89,900
2020 $1,006 $127,400 $37,500 $89,900
2019 $879 $111,300 $37,500 $73,800
2018 $879 $111,300 $37,500 $73,800
2017 $879 $111,300 $37,500 $73,800
2016 $879 $111,300 $37,500 $73,800
2015 $755 $104,900 $37,500 $67,400
2014 $755 $104,900 $37,500 $67,400
2010 -- $104,900 $37,500 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890089

Roanoke Valley Association of REALTORS®

APN: 50-18

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