NOT LISTED FOR SALE

406 E Main St Floyd, VA 24091

Estimated Value: $412,000 - $513,073

4 Beds
1.5 Baths
3,672 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $447,500 $122 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,664/month

285 Days on Market

Highlights

  • Colonial Architecture
  • Newly Painted Property
  • No HOA
  • Mature Trees
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of July 2022

Historic 4 bedroom 1 1/2 bath home in Downtown Floyd with beautiful original woodwork & detail built in an era when homes were built to stand the test of time. Very solid home was originally built in the 1860s with quality details including high ceilings, hardwood flooring throughout, wide wood trim/mouldings & wainscotting, plantation shutters, solid wood handcrafted doors, functional transoms, hot water radiator heat, attached garage/workshop, & exterior walls over 15 inches thick. The current layout includes a bedroom suite on the main level & potential for an additional bedroom on the main level, if desired. The oak and walnut stairway leads to the upper level with three oversized bedrooms with 9-foot ceilings. Property includes 0.69 acres zoned B-2 with frontage on Main Street and 2 side streets, providing options for residence, commercial use, or both with off-street parking. Updated electrical panels, New roof in 2010 (2021 over kitchen), windows in 2018, propane boiler in 2015

Last Agent to Sell the Property

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 08/16/2021

Last Buyer's Agent

Lucy Lamanna

Thomas and Wall Real Estate License #0225203361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1862

Lot Details

  • 0.69 Acre Lot
  • Corner Lot
  • Mature Trees
  • Garden
  • Property is in good condition
  • Property is zoned B2

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

Built in 1862

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Lot Size: see survey
  • Road Surface Type: Paved
  • Directions: From the stoplight in the Town of Floyd at the intersection of Hwy 221 and Route 8, take East Main St/ 221 N for 0.3 miles to Home on the left
  • Architectural Style: Traditional, Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1862
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dishwasher, Other, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: Newer Paint, Other, High Speed Internet, Internet Availability Other/See Remarks
  • Living Area: 3672
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Other-See Remarks, Insulated Windows, No Window Treatments
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Main
  • Bathroom 1 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Other, Brick, Dry Wall, Plaster
  • Exterior Features: Garden, Mature Trees
  • Patio And Porch Features: Patio, Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal, Other, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Floyd County
  • High School: Floyd County
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Zoning: B2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1445
  • Tax Lot: 1
  • Tax Map Number: 55A2-1-V-1
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Jul 15, 2022
Sold by
Unknown
Bought by
Costello David Richard and Costello Margaret Scott
Seller's Agent
Kelly Thomas
Thomas and Wall Real Estate
Buyer's Agent
Lucy Lamanna
Thomas and Wall Real Estate
List Price
$499,000
Sold Price
$447,500
Premium/Discount to List
-$51,500
-10.32%
Current Estimated Value
$477,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,768
Avg. Annual Appreciation
1.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Costello David Richard $447,500 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $447,500 -10.3% $122 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
08/18/2021 08/18/21 For Sale $499,000 -- $136 / Sq Ft
Source: Southwest Virginia 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 $1,956 $444,600 $135,300 $309,300
2024 $1,365 $203,800 $80,000 $123,800
2023 $1,325 $203,800 $80,000 $123,800
2022 $1,325 $203,800 $80,000 $123,800
2021 $1,284 $203,800 $80,000 $123,800
2020 $1,223 $203,800 $80,000 $123,800
2019 $1,188 $198,000 $67,700 $130,300
2018 $1,188 $198,000 $67,700 $130,300
2017 $1,089 $198,000 $67,700 $130,300
2016 $1,089 $198,000 $67,700 $130,300
2015 -- $198,000 $67,700 $130,300
2014 -- $186,600 $67,700 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79676

APN: 55A2-1-V-1