NOT LISTED FOR SALE

508 Farmer Ln Vinton, VA 24179

Estimated Value: $225,000 - $232,350

2 Beds
1 Bath
1,240 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $199,000 $160 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,244/month

123 Days on Market

Highlights

  • Deck
  • No HOA
  • Storage
  • Ranch Style House
  • Fenced Yard
  • Shed

About This Home

As of September 2023

Affordably priced Country Living close to town! This custom-built, one-owner home might be just what you're looking for. Features include an open living room/eat-in kitchen, a spacious sunroom addition, and an unfinished basement for storage or future expansion. The original floor plan was modified to make what would have been a 3rd bedroom into a dining room. If you don't need a formal dining room, this space could easily be converted into a 3rd bedroom or would make a nice home office. Other features include a detached two-car carport with concrete floor, a fenced backyard, and garden shed. Set on just over 3/4 of an acre, living here gives you a relaxed setting with easy access to all the conveniences the Valley offers. Come and make this house your home!

Last Agent to Sell the Property

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049 Listed on: 04/06/2023

RE/MAX ALL POINTS

Last Buyer's Agent

Jason Boothe

MOUNTAIN VIEW REAL ESTATE LLC License #0225240064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1986

Lot Details

  • 0.77 Acre Lot
  • Fenced Yard
  • Property is zoned AP

Parking

  • Detached Carport Space

Home Design

  • Ranch Style House

Interior Spaces

  • 1,240 Sq Ft Home
  • Insulated Doors
  • Storage

Kitchen

  • Electric Range
  • Range Hood
  • Freezer

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Shed

Schools

  • Stewartsville Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$756

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Interior Features: Storage
  • Heating System: Baseboard Electric, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Freezer, Range Electric, Range Hood, Refrigerator
  • Cooling System: Window A/C
  • Outside Features: Deck, Fenced Yard, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1240.00
  • ExteriorDoors: Insulated
  • LaundryLaundryLowerLevel: 1
  • Major Area: 06 - Bedford County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1240
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1240.00
  • TotalUnfin Sq Ft: 1040.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1040.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.77
  • Lot: 8
  • ZoningCode: AP

Building Info

  • Year Built: 1986

Tax Info

  • Taxes (6 mo): 755.50

MLS Schools

  • Elementary School: Stewartsville
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Aug 31, 2023
Sold by
Palmer Rosemary W
Bought by
Clapp Connie Jean and Gordon Kimberly
Seller's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
Buyer's Agent
Jason Boothe
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%
Views
133
Current Estimated Value
$227,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,879
Avg. Annual Appreciation
6.05%
Original Mortgage
$177,045
Outstanding Balance
$173,248
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$55,090
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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Purchase History

Date Buyer Sale Price Title Company
Clapp Connie Jean $199,000 First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Connie Jean $177,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $199,000 0.0% $160 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $199,000 -2.9% $160 / Sq Ft
06/14/2023 06/14/23 For Sale $205,000 0.0% $165 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $205,000 -- $165 / 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 $620 $151,100 $35,000 $116,100
2024 $620 $151,100 $35,000 $116,100
2023 $620 $75,550 $0 $0
2022 $92 $61,100 $0 $0
2021 $611 $122,200 $30,000 $92,200
2020 $611 $122,200 $30,000 $92,200
2019 $611 $122,200 $30,000 $92,200
2018 $609 $117,100 $30,000 $87,100
2017 $609 $117,100 $30,000 $87,100
2016 $609 $117,100 $30,000 $87,100
2015 $602 $115,800 $30,000 $85,800
2014 $596 $114,700 $26,000 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897240

Roanoke Valley Association of REALTORS®

APN: 158A-5-8