$82,500
SOLD JUN 16, 2025

451 Grand Lake Dr Ridgeway, VA 24148

4 Beds
3 Baths
1,458 Sq Ft
1.06 Acres

Recently Sold

$57 Per Sq Ft

41% Below List Price

66 Days on Market

Highlights

  • Ranch Style House
  • Attached Carport
  • Baseboard Heating
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Located at 451 Grand Lake Dr in Ridgeway, this unique property spans 1.06 acres and features two houses--perfect for multi-family living, rental income, or an in-law setup. The main home offers 3 bedrooms, 2 full baths, over 2,400 finished sq ft, a full basement, carport, open porch, and a fireplace. A second detached dwelling also sits on the lot, offering additional space and potential. Both structures need repairs and are being sold strictly as-is. Buyer to verify all information. Tour at your own risk--use caution. Ideal for investors or buyers ready to renovate and restore!

Last Agent to Sell the Property

Devin Moore

INNOVATION PROPERTIES, LLC License #0225238448 Listed on: 03/21/2025

INNOVATION PROPERTIES, LLC

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1968

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 126x150x406x130x348

Parking

  • Attached Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Lakewood Forest Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1458.00
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 1458
  • LaundryLaundryEntryLevel: 1
  • Major Area: 14 - Henry County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2025-05-26
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1458
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1458.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Dimensions: 126x150x406x130x348
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.06
  • Lot: 2

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 719.00
  • FILLTAXID: 132578000

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Jun 14, 2025
Sold by
Ofuyah Loni Liz Williams and Ofuyah Loni Liz
Bought by
Valderrama And Associates Llc
Seller's Agent
Devin Moore
INNOVATION PROPERTIES, LLC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$139,900
Sold Price
$82,500
Premium/Discount to List
-$57,400
-41.03%
Views
124
Current Estimated Value
$181,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,568
Avg. Annual Appreciation
270.06%
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 Type Sale Price Title Company
Warranty Deed $82,500 Commonwealth Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $82,500 0.0% $57 / Sq Ft
06/16/2025 06/16/25 Sold $82,500 0.0% $57 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/02/2025 06/02/25 Off Market $82,500 -- --
05/26/2025 05/26/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $100,000 -20.0% $69 / Sq Ft
05/11/2025 05/11/25 Price Changed $125,000 -10.7% $86 / Sq Ft
04/23/2025 04/23/25 For Sale $139,900 +69.6% $96 / Sq Ft
04/03/2025 04/03/25 Off Market $82,500 -- --
03/21/2025 03/21/25 For Sale $139,900 -- $96 / 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
2024 $719 $129,500 $11,000 $118,500
2023 $719 $129,500 $11,000 $118,500
2022 $719 $129,500 $11,000 $118,500
2021 $719 $129,500 $11,000 $118,500
2020 $732 $131,900 $11,000 $120,900
2019 $732 $131,900 $11,000 $120,900
2018 $73,205 $131,900 $11,000 $120,900
2017 $73,205 $131,900 $11,000 $120,900
2016 $65,587 $134,400 $11,000 $123,400
2015 $65,587 $134,400 $11,000 $123,400
2014 $65,587 $134,400 $11,000 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915463

Roanoke Valley Association of REALTORS®

APN: 132578000