NOT LISTED FOR SALE

501 Olney Rd Vinton, VA 24179

Estimated Value: $269,000 - $300,000

3 Beds
2 Baths
1,866 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $266,000 $143 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,715/month

2 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Screened Porch
  • William Byrd Middle School Rated A-
  • No HOA
  • Storage

About This Home

As of August 2024

3 BR and 2 Bathroom Brick ranch located in a wonderful Vinton location. Well cared for by the current seller who has lived there for over 20 years. Large dining area, LR, enclosed side porch is perfect to relax, the lower level has a rec room, storage, full bathroom and more. New Roof in 2020, new water heater in 2021, windows have been replaced, New AC unit in 2015, large Storage shed that is perfect for woodworking, large covered carport and home is located close to the Parkway.

Last Agent to Sell the Property

Ryan Nicely

RE/MAX ALL STARS License #0225221320 Listed on: 06/27/2024

RE/MAX ALL STARS

Co-Listed By

Rick Stover

RE/MAX ALL STARS License #0225177344

Last Buyer's Agent

Egon Hofmann

BARKER REALTY CO License #0225170977

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Recreation Room with Fireplace
  • Screened Porch
  • Storage
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Attached Carport

Outdoor Features

  • Shed

Schools

  • Herman L. Horn Elementary School
  • William Byrd Middle School
  • William Byrd High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bali Hai Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Screened Porch, Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1216.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Cox
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 650.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Bali Hai
  • Total Above Grd Fin S Q F T: 1216
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1866.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.27
  • Lot: 1

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 2308.00

MLS Schools

  • Elementary School: Herman L. Horn
  • HighSchool: William Byrd
  • Middle School: William Byrd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 12, 2024
Sold by
Nunn Buford J and Nunn Shelby L
Bought by
Kilmer Jared B and Kilmer Jordyn K
Seller's Agent
Ryan Nicely
RE/MAX ALL STARS
Buyer's Agent
Egon Hofmann
BARKER REALTY CO
List Price
$259,950
Sold Price
$266,000
Premium/Discount to List
$6,050
2.33%
Views
20
Current Estimated Value
$286,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,992
Avg. Annual Appreciation
5.79%
Original Mortgage
$252,700
Outstanding Balance
$249,785
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$37,207

Purchase Details

Closed on
Mar 1, 2005
Sold by
Nunn Buford J and Nunn Shelby L
Bought by
Commonwealth Of Virginia
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
Kilmer Jared B $266,000 Fidelity National Title
Commonwealth Of Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilmer Jared B $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $266,000 +2.3% $143 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $259,950 -- $139 / 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 $2,587 $251,200 $39,000 $212,200
2024 $2,265 $217,800 $36,000 $181,800
2023 $2,032 $191,700 $36,000 $155,700
2022 $1,910 $175,200 $32,000 $143,200
2021 $1,759 $161,400 $28,000 $133,400
2020 $1,647 $151,100 $27,000 $124,100
2019 $1,541 $141,400 $27,000 $114,400
2018 $1,595 $137,500 $27,000 $110,500
2017 $1,455 $133,500 $27,000 $106,500
2016 $1,457 $133,700 $27,000 $106,700
2015 $1,458 $133,800 $27,000 $106,800
2014 $1,444 $132,500 $27,000 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908787

Roanoke Valley Association of REALTORS®

APN: 061.06-01-60