NOT LISTED FOR SALE

505 Forest Hill Dr Blacksburg, VA 24060

Grissom-Highland Neighborhood

Estimated Value: $571,000 - $1,054,000

5 Beds
4.5 Baths
5,400 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $425,000 $79 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,748/month

52 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Family Room with Fireplace
  • Margaret Beeks Elementary School Rated A-
  • Property is near public transit
  • Ranch Style House

About This Home

As of June 2016

LOCATION, LOCATION, LOCATION - BLACKSBURG'S FINEST. Classically elegant older 2 story plus basement Ranch in a lovely setting! Ideally located for easy access to First and Main as well as Gables shopping centers.Stylish interior with over 5,000 sq.ft. of finished living space. Large living room and Family Room on the main level share a natural gas burning fireplace. There is formal dining room, updated kitchen with new cabinets and granite counters. Airy sun room has been added recently. The entire walk out lower level is ideally suited as a classic mother-in-law suite with bed room and second kitchen possible. House can have as many as 6 bedrooms if desired.

Last Agent to Sell the Property

Jim Viers

Hokie Real Estate, Inc. License #225043339 Listed on: 03/22/2016

Last Buyer's Agent

Peggy Smith

Nest Realty SWVA License #225051617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,108

Year Built

  • Built in 1967

Lot Details

  • Fenced Yard
  • Landscaped
  • Garden
  • Property is in very good condition
  • Property is zoned Residential 4

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Trim
  • Active Radon Mitigation
  • Radon Mitigation System

Interior Spaces

  • 5,400 Sq Ft Home
  • Built-In Features
  • Wood Burning Stove
  • Gas Log Fireplace
  • Window Treatments
  • Pocket Doors
  • Panel Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Concrete
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • Ceramic Tile in Bathrooms

Laundry

  • Electric Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Zoned Heating and Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002036

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,108

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 5400
  • Estimated Upper Finished Sq Ft: 1430
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2003/001063
  • Garage Dim Descrip: 29'x29'
  • Legal Description: FOREST HILL SUBD LOT 5 SEC A
  • Miscellaneous: Breakers, Near Pub Transport, Radon Ready, Schools (Walking)
  • Number Rooms: 10
  • Parcel Nbr: 002036
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Water Heater: Gas-Natural
  • Flooring: Carpet, Hardwood, Slate, Vinyl
  • Appliances: Dishwasher, Dryer Hookup-Elec, Dryer/Electric, Microwave, Range/Electric, Refrigerator, Washer, Washer Hookup
  • Attic: Access Only
  • Basement: Concrete Floor, Full, Partially Finished, Rec Room/Game Room, Walk Out
  • Bedrooms: 5
  • Fireplace: Family Room, Gas Logs/Vented, Living Room, Wood Stove Insert
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built-Ins, Ceramictile Bath(s), Custom Cabinets, Custom Countertops, Extra Storage, Guest Suite, Multi-Panel Doors, Pocket Door(s), Radon System-Active, Windowtreatment(s)

Exterior Features

  • Exterior Features: Blacktop Driveway, Cable Available, Deck, Fenced Yard, Garden Space, Porch, Private Yard, Quality Landscaping, Sidewalks, Storm Doors, Storm Windows
  • Exterior Finish: Brick, Vinyl, Wood
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Baseboard-Hot Water, Gas-Natural, Wood Stove, Zoned Heating
  • Sewer: Public System
  • Water: Public Water

Schools

  • School District: Montgomery County
  • Elementary School: Margaret Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: State Maintained Rd, Subdivision
  • Lot Size: 0.58
  • Zoning: Residential 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Claire Morton Sally and Price Kurt
Bought by
Smith Leonard Allen and Parker Wendy Sue
Current Estimated Value
$811,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Source: Public Records

Range of Values:

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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
Smith Leonard Allen $580,000 Fidelity National Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Leonard Allen $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $425,000 -5.3% $79 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $449,000 -- $83 / Sq Ft
Source: New River 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 $5,108 $672,100 $95,000 $577,100
2024 $5,041 $672,100 $95,000 $577,100
2023 $4,705 $672,100 $95,000 $577,100
2022 $4,831 $542,800 $85,000 $457,800
2021 $4,222 $474,400 $85,000 $389,400
2020 $4,222 $474,400 $85,000 $389,400
2019 $4,222 $474,400 $85,000 $389,400
2018 $3,973 $446,400 $85,000 $361,400
2017 $3,973 $446,400 $85,000 $361,400
2016 $3,973 $446,400 $85,000 $361,400
2015 $3,973 $446,400 $85,000 $361,400
2014 $3,885 $439,200 $85,000 $354,200
Source: Public Records

Agents Affiliated with this Home

  • Jim Viers

    Seller's Agent in 2016

    Jim Viers

    Hokie Real Estate, Inc.

    (540) 558-8579

    7 Total Sales

    Jim Viers
    Section Image

  • P

    Buyer's Agent in 2016

    Peggy Smith

    Nest Realty SWVA

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 322979

New River Valley Association of REALTORS®

APN: 002036

Virginia Montgomery County Blacksburg 24060 Grissom-Highland

505 Forest Hill Dr, Blacksburg, VA

This home is located at 505 Forest Hill Dr, Blacksburg, VA 24060 since 22 March 2016 and is currently estimated at $811,219, approximately $150 per square foot. This property was built in 1967. 505 Forest Hill Dr is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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