NOT LISTED FOR SALE

5133 Alum Ridge Rd NW Alum Ridge, VA 24091

Estimated Value: $295,000 - $393,487

4 Beds
3.5 Baths
1,773 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $305,000 $172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,980/month

130 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Deck
  • 2 Car Detached Garage
  • Views

About This Home

As of October 2022

This Floyd County 3 bedroom, 3 bath home, with amazing long-range views from the wrap-around deck, & guest suite in the lower level walk-out. The home is move-in ready with new flooring on both levels & fresh exterior paint. The 4.5 acre property is mostly-wooded & includes a large 2-story workshop with power, water & half-bath and separate driveway. Easily accessible from a state-maintained road, the property is located 14minutes from the town of Floyd, 20 minutes from Christiansburg, & 30 minutes from Blacksburg or Radford.

Last Agent to Sell the Property

Kelly Thomas

Thomas and Wall Real Estate License #0225089532 Listed on: 05/27/2022

Last Buyer's Agent

Craig Chancellor

Thomas and Wall Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1983

Lot Details

  • 4.5 Acre Lot
  • Mature Trees
  • Garden
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,773 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Laundry on lower level
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.5
  • Lot Size: see survey
  • Road Surface Type: Paved
  • Directions: From I-81 Exit 114, Take Rt. 8/Riner Road south for toward Riner/Floyd for 10.3 miles to RIGHT on Alum Ridge Road. Go 2.3 miles to workshop and home on the left
  • Above Grade Finished Sq Ft: 1073
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Other, Electric Water Heater
  • Has Basement: Interior Entry, Exterior Entry, Partially Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1073
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: High Speed Internet
  • Living Area: 1773
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows, No Window Treatments
  • ResoLivingAreaSource: Assessor
  • Room Bedroom4 Level: Basement
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Basement
  • Bathroom 3 Level: Basement
  • Bathroom 1 Level: Upper
  • Bathroom Level: Main

Exterior Features

  • Lot Features: Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Wood Siding, Other
  • Exterior Features: Other, Garden, Mature Trees
  • Patio And Porch Features: Open Deck
  • Property Condition: Exterior Condition: Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, Other, Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Lower Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

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: 196020
  • Zoning: no zoning
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1475
  • Tax Lot: 0
  • Tax Map Number: 26-43B
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 17, 2022
Sold by
Spence Isaac Dwight
Bought by
Sherwin Stephen George and Holls Sherwin Susan
Seller's Agent
Kelly Thomas
Thomas and Wall Real Estate
Buyer's Agent
Craig Chancellor
Thomas and Wall Real Estate
List Price
$399,000
Sold Price
$305,000
Premium/Discount to List
-$94,000
-23.56%
Current Estimated Value
$341,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,122
Avg. Annual Appreciation
6.15%
Original Mortgage
$289,750
Outstanding Balance
$280,594
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$81,818
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
Sherwin Stephen George $305,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherwin Stephen George $289,750
Previous Owner Spence Dwight D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $305,000 -23.6% $172 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $399,000 -- $225 / 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 $1,628 $370,000 $82,600 $287,400
2024 $1,590 $237,300 $62,600 $174,700
2023 $1,520 $233,800 $62,600 $171,200
2022 $1,520 $233,800 $62,600 $171,200
2021 $1,473 $233,800 $62,600 $171,200
2020 $1,403 $233,800 $62,600 $171,200
2019 $1,303 $217,200 $62,600 $154,600
2018 $1,303 $217,200 $62,600 $154,600
2017 $1,195 $217,200 $62,600 $154,600
2016 $1,195 $217,200 $62,600 $154,600
2015 -- $217,200 $62,600 $154,600
2014 -- $206,000 $54,600 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 82864

APN: 26-43B