NOT LISTED FOR SALE

502 Oak Hill Dr SE Floyd, VA 24091

Estimated Value: $283,996

3 Beds
2 Baths
1,454 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $220,000 $151 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,629/month

21 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Views
  • Wood Burning Stove
  • Covered Patio or Porch
  • Bathroom on Main Level

About This Home

As of September 2021

Lovely brick home in the Town Floyd, Virginia. Main level has large open kitchen, three bedrooms, family room, enclosed porch/sunroom plus full bathroom has a walk in tile shower and washer and dryer connections. Recently refinished hardwood flooring. Multiple heating sources with central heating with an oil furnace, gas fireplace in the living room, pellet stove in the basement, and wall mounted gas heater in the sunroom, plus central air conditioning. There is over a half-acre of land, plenty of room for a garden, paved driveway. Home is perched above the neighborhood, providing views of the neighborhood. Located a block from the elementary school, walk to everything the town of Floyd has to offer! High speed gig fiber internet or DSL, choose the speed you need.

Last Agent to Sell the Property

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 07/02/2021

Last Buyer's Agent

Non Member Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1957

Lot Details

  • 0.63 Acre Lot
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Garden
  • Property is in good condition
  • Property is zoned R1

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Flue
  • Gas Log Fireplace
  • Insulated Windows
  • Laundry on main level
  • Property Views

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Wall Furnace
  • Propane
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6 and 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.628
  • Lot Size: see survey
  • Road Surface Type: Paved
  • Directions: From Town of Floyd at The Stoplight at the intersection of Hwy 221 and Route 8, take Highway 221 (Floyd Highway North) for 0.6 miles,then 0.1 miles to a right on Barberry Street, then take first left on Oak Hill Drive, property is first house on the left.
  • Above Grade Finished Sq Ft: 1364
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1957
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1100
  • Fireplace Features: Wood Burning Stove, Flue, Gas Log
  • Fireplace: Yes
  • Flooring: Newer Floor Covering, Tile, Vinyl
  • Interior Amenities: High Speed Internet
  • Living Area: 1454
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: Assessor
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Bathroom 2 Level: Basement
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Bathroom Level: Main

Exterior Features

  • Lot Features: Rolling/Sloping, Cleared, Level, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick
  • Exterior Features: Garden, Mature Trees
  • Foundation Details: Block
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil, Wall Furnace, Forced Air, Propane, Central
  • 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: 27355.68
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 994
  • Tax Lot: 6 and 7
  • Tax Map Number: 55A2-6-4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 15, 2021
Sold by
Osborne Benjamin R and Osborne Rebecca L
Bought by
Cox James Donald and Cox Vala Harrison
Seller's Agent
Kelly Thomas
Thomas and Wall Real Estate
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$283,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,996
Avg. Annual Appreciation
6.92%
Original Mortgage
$222,000
Outstanding Balance
$203,478
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,494
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 Buyer Sale Price Title Company
Cox James Donald $220,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Vala Harrison $70,000
Open Cox James Donald $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $220,000 -2.2% $151 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $225,000 +46.1% $155 / Sq Ft
07/10/2018 07/10/18 Sold $154,000 -3.1% $113 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $159,000 -- $117 / 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 $1,132 $257,200 $42,000 $215,200
2024 $1,033 $154,200 $28,000 $126,200
2023 $1,002 $154,200 $28,000 $126,200
2022 $1,002 $154,200 $28,000 $126,200
2021 $971 $154,200 $28,000 $126,200
2020 $925 $154,200 $28,000 $126,200
2019 $775 $129,200 $23,000 $106,200
2018 $775 $129,200 $23,000 $106,200
2017 $711 $129,200 $23,000 $106,200
2016 $711 $129,200 $23,000 $106,200
2015 -- $129,200 $23,000 $106,200
2014 -- $125,500 $20,000 $105,500
Source: Public Records

Agents Affiliated with this Home

  • Kelly Thomas

    Seller's Agent in 2021

    Kelly Thomas

    Thomas and Wall Real Estate

    (540) 808-7490

    173 Total Sales

    Kelly Thomas
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Non Member

    Non Member Office

  • M

    Seller's Agent in 2018

    Matt Gallimore Cell

    U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

    (540) 239-2585

    475 Total Sales

    Matt Gallimore Cell
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79004

APN: 55A2-6-5

Virginia Floyd County Floyd 24091

502 Oak Hill Dr SE, Floyd, VA

This home is located at 502 Oak Hill Dr SE, Floyd, VA 24091 since 02 July 2021 and is currently priced at $283,996, approximately $195 per square foot. This property was built in 1957. 502 Oak Hill Dr SE is a home located in Floyd County with nearby schools including Floyd County High School, Rising Sun Community School, and Floyd Montessori.

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