NOT LISTED FOR SALE

511 E Main St Floyd, VA 24091

Estimated Value: $169,980 - $298,000

4 Beds
2.5 Baths
2,312 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $135,000 $58 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,380/month

349 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Covered Patio or Porch
  • Vaulted Ceiling
  • No HOA
  • Wood Frame Window

About This Home

As of July 2022

Great opportunity to own property in the town of Floyd. Great location with road frontage on both Main Street and Barberry Road. Lot is zoned B2 and allows for a variety of residential (including multi-family) or commercial uses. Perfect chance to do a makeover with a full renovation and make this house into your home and/or business. 4 bedrooms, plumbed for 2 full and 1 half baths

Last Agent to Sell the Property

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 06/21/2021

Last Buyer's Agent

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 06/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1910

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Mature Trees
  • Garden
  • Property is zoned R2 and B2

Home Design

  • Traditional Architecture
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Flue
  • Wood Frame Window
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • No Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3 and 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$947

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: see survey
  • Road Surface Type: Paved
  • Directions: From the stoplight in Floyd at the intersection of 221 and 8, take 221 North for 0.4 miles to the home on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: None, Electric Water Heater, No Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Flue
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Other, Internet Availability Other/See Remarks, High Speed Internet
  • Living Area: 2312
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Window Features: Single Pane, Wood Frames, No Window Treatments
  • ResoLivingAreaSource: Assessor
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Upper
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom 1 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Aluminum Siding
  • Exterior Features: Garden, Mature Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Fair, Interior Condition: Poor
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Not Available
  • 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: 20908.8
  • Zoning: R2 and B2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 947.22
  • Tax Lot: 3 and 4
  • Tax Map Number: 55A21T3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 25, 2022
Sold by
Hcnt Properties Llc
Bought by
Savada Industrial Llc
Seller's Agent
Kelly Thomas
Thomas and Wall Real Estate
Buyer's Agent
Kelly Thomas
Thomas and Wall Real Estate
List Price
$225,000
Sold Price
$135,000
Premium/Discount to List
-$90,000
-40%
Current Estimated Value
$250,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,745
Avg. Annual Appreciation
19.53%
Original Mortgage
$108,000
Outstanding Balance
$41,056
Interest Rate
5.25%
Mortgage Type
Seller Take Back
Estimated Equity
$209,689

Purchase Details

Closed on
Oct 24, 2016
Sold by
The Estate Of Laurence H Wood
Bought by
Hcnt Properties Llc A Virginia Limited L
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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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
Savada Industrial Llc $135,000 Fidelity National Title
Hcnt Properties Llc A Virginia Limited L $132,000 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savada Industrial Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $135,000 -40.0% $58 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/22/2021 06/22/21 For Sale $225,000 -- $97 / 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 $746 $169,500 $75,000 $94,500
2024 $895 $133,600 $50,000 $83,600
2023 $868 $133,600 $50,000 $83,600
2022 $868 $133,600 $50,000 $83,600
2021 $842 $133,600 $50,000 $83,600
2020 $802 $133,600 $50,000 $83,600
2019 $641 $106,800 $35,400 $71,400
2018 $641 $106,800 $35,400 $71,400
2017 $587 $106,800 $35,400 $71,400
2016 $582 $105,900 $34,500 $71,400
2015 -- $105,900 $34,500 $71,400
2014 -- $105,900 $34,500 $71,400
Source: Public Records

Agents Affiliated with this Home

  • Kelly Thomas

    Seller's Agent in 2022

    Kelly Thomas

    Thomas and Wall Real Estate

    (540) 808-7490

    168 Total Sales

    Kelly Thomas
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 78820

APN: 55A2-1-T-3

Virginia Floyd County Floyd 24091

511 E Main St, Floyd, VA

Not Listed for Sale

Detached

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