NOT LISTED FOR SALE

545 & 547 Montgomery St Christiansburg, VA 24073

Estimated Value: $341,844

4 Beds
2.5 Baths
2,254 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $220,000 $98 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,009/month

4 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 4-minute walk to Depot Park
  • Deck
  • Concrete Flooring

About This Home

As of July 2019

Very Nice Duplex in the heart of Christiansburg. This property is in great shape and offers an excellent monthly cash flow. Tenants pay all of their own utilities. 545 Montgomery is a 3 Bedroom 1 1/2 Bath Duplex unit and 547 Montgomery Street is a 2 Bedroom 1 Bath Duplex unit. 545 Montgomery Street rents for 890 a month lease is through August 1 2020 547 Montgomery Street rents for 795 a month lease is through July 31 2019

Last Agent to Sell the Property

Benny Hagy

RE/MAX 8 - Blacksburg License #225062724 Listed on: 05/24/2019

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Brian McHone

RE/MAX 8 - Blacksburg License #0225077871

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1950

Lot Details

  • 0.26

Home Design

  • A-Frame Home
  • Vinyl Trim

Interior Spaces

  • 2,254 Sq Ft Home
  • Concrete Flooring
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • 0.26 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013389

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 2254
  • Estimated Upper Finished Sq Ft: 966
  • Class: Residential
  • County Or City: Montgomery
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Parcel # 013389 .259 ac.
  • Lvt Date: 05/24/2019
  • Number Rooms: 9
  • Parcel Nbr: 013389
  • Property Sub Type: Detached
  • Rent Per Month: 1685
  • Style Structure Home: A-Frame
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Range/Electric, Refrigerator
  • Attic: Access Only
  • Basement: Concrete Floor
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck, Sidewalks
  • Exterior Finish: Vinyl

Utilities

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

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Christiansburg
  • Middle School: Christiansburg
  • High School: Christiansburg

Lot Info

  • Lot Size: 11282.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
545 Montgomery Street Llc
Bought by
Sanford Rentals Llc
Current Estimated Value
$341,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$147,151
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$191,939

Purchase Details

Closed on
Apr 1, 2022
Sold by
Saddleback Properties Llc
Bought by
545 Montgomery St Llc

Purchase Details

Closed on
Oct 28, 2020
Sold by
Zachary Williams
Bought by
Saddleback Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2020
Sold by
Saddleback Properties Llc
Bought by
Williams Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 22, 2019
Sold by
Zachary Williams
Bought by
Saddleback Properties Llc
Seller's Agent
Benny Hagy
RE/MAX 8 - Blacksburg
Buyer's Agent
Brian McHone
RE/MAX 8 - Blacksburg
List Price
$214,900
Sold Price
$220,000
Premium/Discount to List
$5,100
2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Aug 15, 2007
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
Sanford Rentals Llc $326,000 Fidelity National Title
545 Montgomery St Llc -- Spicer Olin & Associates Pc
Saddleback Properties Llc -- Spicer John N
Williams Zachary -- Spicer John N
Saddleback Properties Llc -- Patrick K Moore Pc
-- $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanford Rentals Llc $150,000
Previous Owner Saddleback Properties Llc $174,800
Previous Owner Williams Zachary $174,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $220,000 +2.4% $98 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $214,900 -- $95 / 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 $1,750 $230,200 $38,900 $191,300
2024 $1,727 $230,200 $38,900 $191,300
2023 $1,497 $213,900 $38,900 $175,000
2022 $1,673 $188,000 $38,900 $149,100
2021 $1,673 $188,000 $38,900 $149,100
2020 $1,673 $188,000 $38,900 $149,100
2019 $1,673 $188,000 $38,900 $149,100
2018 $1,607 $180,600 $38,900 $141,700
2017 $1,607 $180,600 $38,900 $141,700
2016 $1,607 $180,600 $38,900 $141,700
2015 $1,607 $180,600 $38,900 $141,700
2014 $2,482 $177,200 $32,400 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 405606

New River Valley Association of REALTORS®

APN: 013389