NOT LISTED FOR SALE

545 Mount Elbert Rd NW Riner, VA 24149

Estimated Value: $655,000 - $995,000

3 Beds
6 Baths
4,003 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2023

Last sale price $789,000 $197 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,832 / mo

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Spa
  • Custom Home
  • Steam Room
  • Home fronts a pond
  • Updated Kitchen

About This Home

As of June 2023

Magnificent custom built home has all the luxury you could ask for! This 3 bedroom, 2 full & 4 half bath, contemporary home is situated on 7.3+ gorgeous acres lined w/ trees for privacy & adorned by beautiful pond w/ fountain, deck for swimming, relaxation & fishing! Patio boasts hot tub & sauna & overlooks the fenced-in yard. Chef's kitchen has gas range w/pot filler & imported back splash from Italy, 2nd electric range, wine rack & chiller, breakfast bar & sky lights & leads easily into formal DR. Cathedral ceilings in LR w/ huge wall of windows to enjoy marvelous mountain views. Primary main level BR has private balcony, walk-in closet, jacuzzi tub, heated floor & large tiled shower. Spacious loft studio area upstairs w/ half bath & full, walk-out bsmt has 2 bedrooms, & plumbing for a 2nd kitchen. Detached workshop/potential guest house has heat pump, half bath, balcony & bsmt below. RV hookup for water & electrical in driveway. Work from home w/ the high speed fiber optic internet!

Last Agent to Sell the Property

Darin Greear

Long & Foster - Blacksburg License #225086131 Listed on: 04/17/2023

Long & Foster - Blacksburg

Last Buyer's Agent

Linda Devito

UC/Blue Ridge Land & Auction License #225177719

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 7.36 Acre Lot
  • Home fronts a pond
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Cleared Lot
  • Garden
  • Property is in very good condition

Home Design

  • Custom Home
  • A-Frame Home
  • Contemporary Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,003 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Panel Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Property Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Wine Rack
  • Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Spa Bath
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Outdoor Features

  • Spa
  • Pond
  • Deck
  • Storage Shed
  • Barbecue Stubbed In

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Steam Room

Listing and Financial Details

  • Assessor Parcel Number R016568

Home Details

Home Type

Single Family

Year Built

Built in 2011 | Remodeled

Lot Details

7.36 Acres

Listing Details

  • Appearance: Custom Features, Decorator Touches, Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 4003
  • Cable Internet Company: High Speed Fiber Optic Internet
  • Class: Residential
  • County Or City: Floyd
  • Garage Dim Descrip: 24'x36'
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: THOMPSON FARM SUBD TR 1 PC3-201B & 202A
  • Lvt Date: 04/17/2023
  • Master On Main: Yes
  • Miscellaneous: Propane Tank-Owned, Underground Utility
  • Parcel Nbr: R016568
  • Patio Dim Descrip: Lower Paver Patio
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 1
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Bsmt: 2
  • Room Level Bedrooms Main: 1
  • Half Bathrooms in the Basement: 1
  • Main Level Half Bathrooms: 1
  • Half Bathrooms Upstairs: 1
  • Style Structure Home: A-Frame, Contemporary
  • Water Frontage: Pond
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Water Heater: Electric, Gas-Propane, Tankless
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Compactor, Dishwasher, Dryer/Electric, Microwave, Range/Electric, Range/Gas, Refrigerator, Washer, Wine Storage
  • Basement: Finished, Full, Garage Door, Outside Access, Plumbing For Bath, Rec Room/Game Room, Shower Facilities
  • Bedrooms: 3
  • Fireplace: Family Room, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Ceramictile Bath(s), Custom Cabinets, Custom Countertops, Extra Storage, Laundry On Main, Multi-Panel Doors, Pantry, Spa Tub, Steam/Sauna, Upgrd/Gourmet Ktchn, Vaulted Ceiling, Walk-In Closet(s), Walls-Drywall, Wet Bar

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Fenced Yard, Garden Space, Gas Grill Connection, Hot Tub, Insulated Glass, Private Yard, Quality Landscaping, Storage Shed
  • Exterior Finish: Wood
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Under

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Gas-Propane, Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Land Description: Part Cleared, Pond, Secluded Lot, State Maintained Rd, Suitable For Horses, View
  • Lot Size: 320601.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 30, 2023
Sold by
Lucas John R and Lucas Rina R
Bought by
Daley Kasey L
Seller's Agent
Darin Greear
Long & Foster - Blacksburg
Buyer's Agent
Linda Devito
UC/Blue Ridge Land & Auction
List Price
$789,000
Sold Price
$789,000
Views
6
Current Estimated Value
$856,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,768
Avg. Annual Appreciation
2.86%
Original Mortgage
$631,200
Outstanding Balance
$614,322
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$242,446

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 3, 2020
Sold by
Cohen Robert S and Cohen Victoria L
Bought by
Lucas John R and Lucas Rina R
Seller's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
Buyer's Agent
Jim Viers
Hokie Real Estate, Inc.
List Price
$634,900
Sold Price
$626,000
Premium/Discount to List
-$8,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$626,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Oct 3, 2018
Sold by
Ioviero John W and Ioviero Lois A
Bought by
Cohen Robert S and Corbin Victoria L
Seller's Agent
Amy Hudson
RE/MAX 8
Buyer's Agent
Wendy Brown
RE/MAX 8
List Price
$599,500
Sold Price
$601,000
Premium/Discount to List
$1,500
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$250,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Daley Kasey L $789,000 Virginia Title Center
Lucas John R $626,000 Attorney
Cohen Robert S $601,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Kasey L $631,200
Previous Owner Lucas John R $626,000
Previous Owner Cohen Robert S $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $789,000 0.0% $197 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $789,000 +26.0% $197 / Sq Ft
02/03/2020 02/03/20 Sold $626,000 -1.4% $146 / Sq Ft View Prior Sale
11/15/2019 11/15/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $634,900 +5.6% $148 / Sq Ft
11/01/2018 11/01/18 Sold $601,000 +0.3% $140 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $599,500 -- $140 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $3,465 $787,600 $100,000 $687,600
2024 $3,972 $592,800 $85,000 $507,800
2023 $3,853 $592,800 $85,000 $507,800
2022 $3,853 $592,800 $85,000 $507,800
2021 $3,735 $592,800 $85,000 $507,800
2020 $3,557 $592,800 $85,000 $507,800
2019 $2,286 $381,000 $40,000 $341,000
2018 $2,286 $381,000 $40,000 $341,000
2017 $2,096 $381,000 $40,000 $341,000
2016 $2,096 $381,000 $40,000 $341,000
2015 -- $381,000 $40,000 $341,000
2014 -- $383,600 $41,600 $342,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 417815

New River Valley Association of REALTORS®

APN: 14B-1

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