NOT LISTED FOR SALE

405 Clay Cir Blacksburg, VA 24060

Downtown Blacksburg Neighborhood

Estimated Value: $487,000 - $606,000

3 Beds
2.5 Baths
2,670 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $438,000 $164 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,183/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Living Room with Fireplace
  • Margaret Beeks Elementary School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of March 2023

This charming Cape Cod is the perfect blend of historic charm and modern amenities, just one block from Virginia Tech, Lane Stadium, and Cassell Coliseum. Warm, inviting hardwood floors throughout offer style and functionality. An updated kitchen includes granite counters, and opens to an eat-in breakfast area. Originally built with two bedrooms, a side porch was enclosed to include a main level bedroom surrounded by updated insulated windows, as well, and the basement is finished with a full bath. Plenty of off-street parking, making this an ideal, convenient downtown location. Walk to campus and downtown in just minutes. This property is currently rented through June 2024, making it a great opportunity for steady passive income. Management agreement is available to transfer with a sale, but is not required. See Additional Documents for lease details. Homes this close to campus rarely come to market - take the opportunity today to pick this up for your investment portfolio!

Last Agent to Sell the Property

Jeremy Hart

Nest Realty SWVA License #225077937 Listed on: 02/13/2023

Nest Realty SWVA

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 1940

Lot Details

  • 6,316 Sq Ft Lot
  • Cul-De-Sac
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Trim
  • Active Radon Mitigation

Interior Spaces

  • 2,670 Sq Ft Home
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2.5 Bathrooms
  • Ceramic Tile in Bathrooms

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • 1 Bathroom in Basement

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property managed by Real Property Mgmt

Listing and Financial Details

  • Assessor Parcel Number 008079

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,357

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 2670
  • Estimated Upper Finished Sq Ft: 721
  • Cable Internet Company: Comcast
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Clay Street Circle Lot
  • Lvt Date: 02/13/2023
  • Miscellaneous: Near Pub Transport, Schools (Walking)
  • Number Rooms: 6
  • Parcel Nbr: 008079
  • Property Mgmt Co: Real Property Mgmt
  • Property Sub Type: Detached
  • Rent Per Month: 2600
  • Bathrooms in the Basement: 1
  • Number of Upper Level Bathrooms: 1
  • Room Level Bedrooms Main: 1
  • Room Level Bedrooms Uppe: 2
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Cape Cod
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Basement: Finished, Laundry, Outside Access, Shower Facilities
  • Bedrooms: 3
  • Fireplace: Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceramictile Bath(s), Custom Countertops, Extra Storage, Radon System-Active, Wireless Int. Ready

Exterior Features

  • Exterior Features: Cable Available, Deck, Gravel Driveway, Insulated Glass
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Heating: Baseboard-Hot Water, Oil
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Margaret Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: Cul-De-Sac
  • Lot Size: 6316.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 26, 2023
Sold by
Coolbaugh Kevin Thomas
Bought by
Jask Properties Llc
Seller's Agent
Jeremy Hart
Nest Realty SWVA
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$415,000
Sold Price
$438,000
Premium/Discount to List
$23,000
5.54%
Views
20
Current Estimated Value
$536,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,855
Avg. Annual Appreciation
7.13%
Original Mortgage
$350,400
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 10, 2023
Sold by
Ten45 Llc
Bought by
Coolbaugh Kevin Thomas
Seller's Agent
Jeremy Hart
Nest Realty SWVA
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$415,000
Sold Price
$438,000
Premium/Discount to List
$23,000
5.54%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2014

Purchase Details

Closed on
Sep 16, 2009
Source: Public Records

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
Jask Properties Llc -- Performance Title
Coolbaugh Kevin Thomas $438,000 Performance Title
-- $260,000 --
-- $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coolbaugh Kevin Thomas $350,400
Previous Owner Ten45 Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $438,000 +5.5% $164 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $415,000 -- $155 / 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 $3,357 $441,700 $109,200 $332,500
2024 $3,313 $441,700 $109,200 $332,500
2023 $3,092 $441,700 $109,200 $332,500
2022 $2,724 $306,100 $52,400 $253,700
2021 $2,724 $306,100 $52,400 $253,700
2020 $2,724 $306,100 $52,400 $253,700
2019 $2,724 $306,100 $52,400 $253,700
2018 $2,238 $251,500 $43,700 $207,800
2017 $2,238 $251,500 $43,700 $207,800
2016 $2,238 $251,500 $43,700 $207,800
2015 $2,238 $251,500 $43,700 $207,800
2014 $1,848 $207,600 $43,600 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Hart

    Seller's Agent in 2023

    Jeremy Hart

    Nest Realty SWVA

    (540) 998-4731

    2 in this area

    128 Total Sales

    Jeremy Hart
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Non-MLS

    Non-MLS Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 417278

New River Valley Association of REALTORS®

APN: 008079

Virginia Montgomery County Blacksburg 24060 Downtown Blacksburg

405 Clay Cir, Blacksburg, VA

This home is located at 405 Clay Cir, Blacksburg, VA 24060 since 13 February 2023 and is currently estimated at $536,855, approximately $201 per square foot. This property was built in 1940. 405 Clay Cir is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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