NOT LISTED FOR SALE

398 George Reed Ln NW Floyd, VA 24091

Estimated Value: $762,341

4 Beds
3.5 Baths
3,890 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $499,200 $128 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,386/month

49 Days on Market

Highlights

  • Horses Allowed On Property
  • Heated Floors
  • Deck
  • In Ground Pool
  • 47.99 Acre Lot
  • Dining Room with Fireplace

About This Home

As of August 2019

Spacious Contemporary Timber Frame 4 bedroom, 3 1/2 bath resort-style home nestled in the woods on Will's Ridge. Original small home was built in the late 70's & most recent addition in 2005 with radiant floor heat & master suite complete with 2 walk-in closets & large bath. The main level has a custom kitchen, large lovely dining/sun room, living room with natural stone fireplace, laundry, and master suite. Skylights & plenty of windows connect you with the natural woodland surroundings from inside your home. High quality construction with exposed beams, built-ins, & custom cabinets. The crystal clear lined pond w/waterfall & filtration provides summer swimming & hot tub is a great way to unwind year round. Two outbuildings (56 x 21 garage & 2-story 18 x 28 shop/studio) plus triple car

Last Agent to Sell the Property

Lucy Lamanna

THOMAS & WALL REAL ESTATE LLC License #0225203361 Listed on: 04/16/2019

Last Buyer's Agent

Darin Greear

LONG & FOSTER - NEW RIVER VALLEY License #0225086131

LONG & FOSTER  - NEW RIVER VALLEY

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1979

Lot Details

  • 47.99 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Hilly Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Heated Floors
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 3 Car Detached Garage
  • Detached Carport Space

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Indian Valley Elementary School
  • None Middle School
  • Floyd County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Furnace
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,384

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Ceiling Fan, Hot Tub, Masonry Fireplace, Skylight, Walk-in-Closet
  • Heating System: Forced Air Gas, Heated Floor, Wood Furnace
  • Fireplace(s): Basement, Dining Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Dishwasher, Range Gas, Range Hood, Refrigerator
  • Cooling System: No Cooling System, Window A/C
  • Outside Features: Balcony, Covered Porch, Deck, Fenced Yard, Hot Tub, In-Ground Pool, Storage Shed
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 2334.00
  • ExteriorDoors: Insulated, Wood
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 4090
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: DSL
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 620.00
  • Major Area: 11 - Floyd County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 1040
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2019-06-04
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 3270
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3890.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 200.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 200.00
  • UpperAboveGrdFin Sq Ft: 936.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Horses Permitted, In-Law Quarters, Pond, Private Road, Underground Util

Schools

  • Elementary School: Indian Valley
  • High School: Floyd County

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Hilly, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 47.99

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 2384.00
  • FILLTAXID: 40-102A

MLS Schools

  • Elementary School: Indian Valley
  • HighSchool: Floyd County
  • Middle School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jul 11, 2019
Sold by
Miller Anga Rae
Bought by
Martin Jim L and Martin Freeda A
Seller's Agent
Lucy Lamanna
THOMAS & WALL REAL ESTATE LLC
Buyer's Agent
Darin Greear
LONG & FOSTER - NEW RIVER VALLEY
List Price
$519,400
Sold Price
$499,200
Premium/Discount to List
-$20,200
-3.89%
Current Estimated Value
$762,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,141
Avg. Annual Appreciation
7.16%
Original Mortgage
$399,360
Outstanding Balance
$352,781
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$404,760

Purchase Details

Closed on
Sep 18, 2014
Sold by
Erwin Edward H and Anderson Kate C
Bought by
Miller Anga R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.14%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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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
Martin Jim L $499,200 Attorney
Miller Anga R $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jim L $399,360
Previous Owner Miller Anga $60,000
Previous Owner Miller Anga Rae $360,000
Previous Owner Miller Anga Rae $50,000
Previous Owner Miller Anga R $20,000
Previous Owner Erwin Edward H $25,000
Previous Owner Erwin Edward H $124,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $499,200 -3.9% $128 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $519,400 -- $134 / 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 $2,788 $633,700 $219,500 $414,200
2024 $3,359 $501,300 $162,500 $338,800
2023 $3,258 $501,300 $162,500 $338,800
2022 $3,258 $501,300 $162,500 $338,800
2021 $3,158 $501,300 $162,500 $338,800
2020 $3,008 $501,300 $162,500 $338,800
2019 $2,384 $397,400 $145,500 $251,900
2018 $2,384 $397,400 $145,500 $251,900
2017 $2,186 $397,400 $145,500 $251,900
2016 $2,186 $397,400 $145,500 $251,900
2015 -- $397,400 $145,500 $251,900
2014 -- $411,900 $139,500 $272,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858138

Roanoke Valley Association of REALTORS®

APN: 40-102A