NOT LISTED FOR SALE

506 Nellies Cave Rd Blacksburg, VA 24060

Grissom-Highland Neighborhood

Estimated Value: $232,000 - $406,000

3 Beds
2 Baths
1,400 Sq Ft
436 Sq Ft Lot

Last Sold February 21, 2014

Last sale price $108,000 $77 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,685/month

36 Days on Market

Highlights

  • Property is near public transit
  • Landscaped
  • Carpet
  • Margaret Beeks Elementary School Rated A-
  • Property is in very good condition
  • 4-minute walk to Nellies Cave Park

About This Home

As of February 2014

MOTIVATED SELLER!! BRING ALL OFFERS!!!!! Calling all investors to this excellent, potential investment property! In very good condition, this 2-story Piedmont condo is currently leased through July 2015. Condo comes with major appliances, including washer/dryer, and you'll love the neighborhood pool! Very convenient location, on bus line, close to shopping.

Last Agent to Sell the Property

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 12/10/2013

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Anne Hite

Long & Foster - Blacksburg License #225103221

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1978

Lot Details

  • Landscaped
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance, common area maintenance, exterior bldg maint, pool maintenance, sewer, snow removal, some insurance, water
  • Property managed by Raines

Listing and Financial Details

  • Assessor Parcel Number 021149

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,624

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 1400
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2002/2802
  • Legal Description: PIEDMONT BLBG PH IV BLDG 17 FAMLY 84
  • Miscellaneous: Near Pub Transport
  • Number Rooms: 5
  • Parcel Nbr: 021149
  • Property Mgmt Co: Raines
  • Property Sub Type: Condominium
  • Rent Per Month: 920
  • Style Structure Home: Condo
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Laminated
  • Appliances: Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Interior Amenities: Laundry On Main, Pantry, Walls-Drywall

Exterior Features

  • Exterior Features: Quality Landscaping, Sidewalks
  • Exterior Finish: Brick
  • Roofing: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance, Common Area Maint, Exterior Bldg Maint, Pool Maintenance, Sewer, Snow Removal, Some Insurance, Water

Schools

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

Lot Info

  • Land Description: Subdivision

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Tassinari Kevin T
Bought by
Kevin T Tassinari Revocable Tr
Current Estimated Value
$290,865

Purchase Details

Listed on
Dec 10, 2013
Closed on
Feb 19, 2014
Seller's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
Buyer's Agent
Anne Hite
Long & Foster - Blacksburg
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Aug 2, 2002
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
Kevin T Tassinari Revocable Tr -- Lui & Frasca Pc
-- $108,000 --
-- $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tassinari Kevin T $67,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $108,000 -9.9% $77 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $119,900 -- $86 / 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 $1,624 $213,700 $0 $213,700
2024 $1,603 $213,700 $0 $213,700
2023 $1,496 $213,700 $0 $213,700
2022 $1,121 $125,900 $0 $125,900
2021 $1,121 $125,900 $0 $125,900
2020 $1,121 $125,900 $0 $125,900
2019 $1,121 $125,900 $0 $125,900
2018 $1,000 $112,400 $0 $112,400
2017 $1,000 $112,400 $0 $112,400
2016 $1,000 $112,400 $0 $112,400
2015 $1,000 $112,400 $0 $112,400
2014 $1,250 $140,500 $0 $140,500
Source: Public Records

Agents Affiliated with this Home

  • Amy Hudson

    Seller's Agent in 2014

    Amy Hudson

    RE/MAX

    (540) 320-5498

    15 in this area

    469 Total Sales

    Amy Hudson
    Section Image

  • A

    Buyer's Agent in 2014

    Anne Hite

    Long & Foster - Blacksburg

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 312777

New River Valley Association of REALTORS®

APN: 021149

Virginia Montgomery County Blacksburg 24060 Grissom-Highland

506 Nellies Cave Rd, Blacksburg, VA

This home is located at 506 Nellies Cave Rd, Blacksburg, VA 24060 since 10 December 2013 and is currently estimated at $290,865, approximately $207 per square foot. This property was built in 1978. 506 Nellies Cave Rd 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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