NOT LISTED FOR SALE

515 Lee St Blacksburg, VA 24060

Downtown Eastside Neighborhood

Estimated Value: $325,000 - $437,000

2 Beds
2.5 Baths
1,276 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $342,000 $268 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,172/month

Highlights

  • Deck
  • Ranch Style House
  • Patio
  • Harding Avenue Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of December 2021

Location, Location, Location! Don't miss this opportunity to own a beautifully maintained home in mint condition within walking distance to Virginia Tech's campus! Gleaming hardwood floors, fresh paint, white kitchen cabinets, stainless steel appliances, a light and bright flow with everything you need all on one level situated on a .26 acre flat lot with a large backyard and deck for all your outdoor entertaining! Seller previously rented the home for $1,400 a month. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Keys and possession to be given to the buyer after recording.

Last Agent to Sell the Property

Christy Crouch

RE/MAX All Points License #0225020100 Listed on: 11/05/2021

RE/MAX All Points

Co-Listed By

Seth Crouch

RE/MAX All Points

Last Buyer's Agent

Darin Greear

Long & Foster - Blacksburg License #225086131

Long & Foster - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Trim

Interior Spaces

  • 1,276 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 227A42

Home Details

Home Type

Single Family

Est. Annual Taxes

$250

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1276
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: .256 Acres 515 Lee St
  • Lvt Date: 11/05/2021
  • Master On Main: Yes
  • Number Rooms: 6
  • Parcel Nbr: 227A42
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 2
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Ranch
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Range/Electric, Refrigerator, Washer
  • Basement: Crawl Space
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck, Patio
  • Exterior Finish: Brick, Vinyl

Utilities

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

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Gilbert Linkous
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 11151.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 9, 2021
Sold by
Davis Jasper H and Davis Shirley B
Bought by
Wallace Kenneth D and Wallace Valerie H
Seller's Agent
Christy Crouch
RE/MAX All Points
Buyer's Agent
Darin Greear
Long & Foster - Blacksburg
List Price
$349,950
Sold Price
$342,000
Premium/Discount to List
-$7,950
-2.27%
Current Estimated Value
$397,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,804
Avg. Annual Appreciation
5.49%
Original Mortgage
$307,800
Outstanding Balance
$284,183
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$133,554

Purchase Details

Closed on
Mar 20, 2001
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wallace Kenneth D $342,000 Fidelity National Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Kenneth D $307,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $342,000 -2.3% $268 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $349,950 -- $274 / 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 $250 $329,500 $108,200 $221,300
2024 $2,471 $329,500 $108,200 $221,300
2023 $2,307 $329,500 $108,200 $221,300
2022 $1,648 $185,200 $64,900 $120,300
2021 $1,574 $176,800 $64,900 $111,900
2020 $1,574 $176,800 $64,900 $111,900
2019 $1,574 $176,800 $64,900 $111,900
2018 $1,399 $157,200 $54,100 $103,100
2017 $1,399 $157,200 $54,100 $103,100
2016 $1,399 $157,200 $54,100 $103,100
2015 $1,399 $157,200 $54,100 $103,100
2014 $1,423 $159,900 $54,100 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2021

    Christy Crouch

    RE/MAX

    (540) 312-0085

    1 in this area

    546 Total Sales

    Christy Crouch
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Seth Crouch

    RE/MAX

    (540) 525-9813

    1 in this area

    127 Total Sales

    Seth Crouch
    Section Image
  • Darin Greear

    Buyer's Agent in 2021

    Darin Greear

    Long & Foster - Blacksburg

    (540) 320-5859

    1 in this area

    640 Total Sales

    Darin Greear
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 413609

New River Valley Association of REALTORS®

APN: 002645

Virginia Montgomery County Blacksburg 24060 Downtown Eastside

515 Lee St, Blacksburg, VA

This home is located at 515 Lee St, Blacksburg, VA 24060 since 05 November 2021 and is currently estimated at $397,804, approximately $311 per square foot. This property was built in 1930. 515 Lee St is a home located in Montgomery County with nearby schools including Harding Avenue 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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