NOT LISTED FOR SALE

503 Energy Dr Blacksburg, VA 24060

Airport Acres Neighborhood

Estimated Value: $448,000 - $499,000

2 Beds
2 Baths
1,287 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $439,000 $341 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,704/month

27 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Margaret Beeks Elementary School Rated A-
  • Fenced Yard
  • Garden

About This Home

As of July 2024

Charming Single-Story Home with Convenient Location – Perfect for Game Day and Everyday Living! Step into a delightful 2-bed, 2-bath home offering the ease of one-floor living, just over half a mile from Lane Stadium. Perfect for those who love to host and entertain, especially before the big game! Open concept layout includes a spacious living room, dining area, and kitchen. The primary bedroom, situated on the main level, features an ensuite bathroom and generous walk-in closet. Lot is just under half an acre, with private, fenced backyard and storage shed. Additional outdoor spaces include a covered front porch, and a covered rear porch that’s great for barbecues and social events. This home is also perfectly positioned within walking distance to Virginia Tech, shopping, restaurants, and entertainment venues, making it a prime choice for convenience and lifestyle.

Last Agent to Sell the Property

Erik Leuschner

Real Property Management Insight Listed on: 04/23/2024

Last Buyer's Agent

Wendi Guo

RE/MAX 8 - Blacksburg

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 19,166 Sq Ft Lot
  • Fenced Yard
  • Garden

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Bungalow
  • Brick Exterior Construction
  • Vinyl Trim

Interior Spaces

  • 1,287 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Margaret Beeks Elementary School
  • Blacksburg Middle School
  • Blacksburg High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property managed by RPM Insight

Listing and Financial Details

  • Assessor Parcel Number 140100

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0.44 Acres

Listing Details

  • Estimated Total Finished Sq Ft: 1287
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: AIRPORT RD LOT B-1A
  • Lvt Date: 04/23/2024
  • Master On Main: Yes
  • Parcel Nbr: 140100
  • Property Mgmt Co: RPM Insight
  • Property Sub Type: Detached
  • Rent Per Month: 2200
  • Report Header1: 503 ENERGY, Blacksburg, VA 24060
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 2
  • Style Structure Home: Bungalow/Cottage, Ranch
  • Year Built: 2017
  • Directions: From the traffic light at S. Main Street and Country Club Drive, heading into town, turn left (down the hill) onto Country Club Drive (Kroger will be on your left after the turn). At the first stop sign (Country Club Drive and Airport Road), continue straight onto Energy Drive (Country Club Drive turns into Energy Drive once you cross Airport Road). It will be the first house on the left.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Lvp
  • Appliances: Dishwasher, Disposal, Dryer Hookup-Elec, Dryer/Electric, Microwave, Range/Electric, Refrigerator, Washer, Washer Hookup
  • Basement: Crawl Space
  • Bedrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Blacktop Driveway, Cable Available, Fenced Yard, Garden Space, Porch, Storage Shed
  • Exterior Finish: Brick, Vinyl

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • Elementary School: Margaret Beeks
  • High School: Blacksburg
  • Junior High Dist: Montgomery County

Lot Info

  • Estimated Lot Size: 0.44
  • Lot Size: 19166.4
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Blacksburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 18, 2024
Sold by
Gorman Tammy Gail
Bought by
Wang Zhiwu and Liu Xueyan
Seller's Agent
Erik Leuschner
Real Property Management Insight
Buyer's Agent
Wendi Guo
RE/MAX 8 - Blacksburg
List Price
$499,000
Sold Price
$439,000
Premium/Discount to List
-$60,000
-12.02%
Views
38
Current Estimated Value
$466,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,676
Avg. Annual Appreciation
3.60%
Original Mortgage
$329,250
Outstanding Balance
$324,984
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$141,692

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 15, 2020
Sold by
Tilley Gregory K
Bought by
Gorman Tammy Gail
Seller's Agent
Priscilla Morris
Long & Foster - Blacksburg
Buyer's Agent
Priscilla Morris
Long & Foster - Blacksburg
List Price
$340,000
Sold Price
$343,525
Premium/Discount to List
$3,525
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Apr 18, 2013

Purchase Details

Closed on
Jan 30, 2009
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Zhiwu $439,000 Fidelity National Title
Gorman Tammy Gail $340,000 Fidelity National Title
-- $90,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Zhiwu $329,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $439,000 0.0% $341 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $439,000 -12.0% $341 / Sq Ft
04/23/2024 04/23/24 For Sale $499,000 +45.3% $388 / Sq Ft
07/31/2020 07/31/20 Sold $343,525 +1.0% $277 / Sq Ft View Prior Sale
05/05/2020 05/05/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $340,000 -- $274 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $3,001 $394,900 $84,000 $310,900
2024 $2,962 $394,900 $84,000 $310,900
2023 $2,764 $394,900 $84,000 $310,900
2022 $2,560 $287,600 $84,000 $203,600
2021 $2,560 $287,600 $84,000 $203,600
2020 $2,560 $287,600 $84,000 $203,600
2019 $2,560 $287,600 $84,000 $203,600
2018 $2,286 $256,900 $84,000 $172,900
2017 $748 $84,000 $84,000 $0
2016 $748 $84,000 $84,000 $0
2015 $748 $84,000 $84,000 $0
2014 $405 $45,500 $45,500 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Erik Leuschner

    Real Property Management Insight

    (540) 998-6917

    1 in this area

    2 Total Sales

    Erik Leuschner
    Section Image
  • Wendi Guo

    Buyer's Agent in 2024

    Wendi Guo

    RE/MAX

    (540) 838-5472

    1 in this area

    64 Total Sales

    Wendi Guo
    Section Image

  • P

    Seller's Agent in 2020

    Priscilla Morris

    Long & Foster - Blacksburg

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 420848

New River Valley Association of REALTORS®

APN: 140100

Virginia Montgomery County Blacksburg 24060 Airport Acres

503 Energy Dr, Blacksburg, VA

Not Listed for Sale

Detached

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