NOT LISTED FOR SALE

520 Red Horse Ln Buchanan, VA 24066

Estimated Value: $178,000 - $240,000

3 Beds
1 Bath
960 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $125,000 $130 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,230/month

19 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Screened Porch
  • Central Academy Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Great investment home. Brick ranch on 1.03 acres with beautiful views of the Blue ridge mountains, screened porch, hardwood floors & full basement for expansion. Home features Large living room with fireplace, country kitchen that opens onto screened porch, 3 bedrooms and 1 bath. just minutes to Historic Downtown Buchanan, minutes to interstate 81. Great privacy yet close to amenities. Buyer to verify all information. All offers are submitted by the Buyers agent in Propoffers.com. *** ALL OFFERS ARE HELD FOR 7 DAYS. BUYER TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 06/16/2022

Last Buyer's Agent

Austin Bousman

RE/MAX ALL STARS License #0225235858

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1963

Lot Details

  • 1.03 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 960 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil, Gas - Propane
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • Outside Features: Screened Porch
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 960.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 960
  • LaundryLaundryLowerLevel: 1
  • Major Area: 07 - Botetourt County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-07-05
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 960
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 960.00
  • Water Class: N/A
  • 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

Schools

  • Elementary School: Buchanan
  • Middle School: Central Academy
  • High School: James River

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.03
  • Phase: 1

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 977.06
  • FILLTAXID: 65 65

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 20, 2022
Sold by
Rmac Trust
Bought by
Jeter Lacee S and Jeter Darrell
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Austin Bousman
RE/MAX ALL STARS
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Current Estimated Value
$208,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,871
Avg. Annual Appreciation
18.01%

Purchase Details

Closed on
Feb 17, 2022
Sold by
Samuel I White Pc
Bought by
Rmac Trust
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
Jeter Lacee S $125,000 New Title Company Name
Rmac Trust $143,761 Samuel I White Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeter Lacee S $175,000
Previous Owner Clark Dwayne $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $125,000 +4.3% $130 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $119,900 -- $125 / 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 $1,098 $156,800 $24,000 $132,800
2024 $1,098 $156,800 $24,000 $132,800
2023 $788 $99,700 $20,000 $79,700
2022 $788 $99,700 $20,000 $79,700
2021 $788 $99,700 $20,000 $79,700
2020 $788 $99,700 $20,000 $79,700
2019 $750 $94,900 $20,000 $74,900
2018 $750 $94,900 $20,000 $74,900
2017 $750 $94,900 $20,000 $74,900
2016 $750 $94,900 $20,000 $74,900
2015 $771 $107,100 $24,000 $83,100
2014 $771 $107,100 $24,000 $83,100
2010 -- $107,100 $24,000 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 890503

Roanoke Valley Association of REALTORS®

APN: 65-65