NOT LISTED FOR SALE

5485 Gallion Ridge Rd Blacksburg, VA 24060

Estimated Value: $563,000 - $777,000

3 Beds
2.5 Baths
2,335 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $362,000 $155 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,752/month

60 Days on Market

Highlights

  • Horses Allowed On Property
  • Custom Home
  • Secluded Lot
  • Harding Avenue Elementary School Rated A
  • Deck
  • Living Room with Fireplace

About This Home

As of August 2013

Absolutely private and peaceful, this custom built cape cod with beautiful views sits in the middle of 5 acres. This home features hardwood floors, wrap around deck, 9 foot ceilings, master on the main, full unfinished basement with poured concrete walls, 2 car attached garage and 3 bay metal out building, whole house generator and only 15 minutes to Main street Blacksburg.

Last Agent to Sell the Property

Amy Hudson

RE/MAX 8 - Blacksburg License #225037894 Listed on: 05/10/2013

RE/MAX 8 - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1998

Lot Details

  • Rural Setting
  • Secluded Lot
  • Private Yard
  • Garden
  • Property is in good condition

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,335 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Storage
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Property Views

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 5 Garage Spaces | 2 Attached and 3 Detached
  • Gravel Driveway

Outdoor Features

  • Deck
  • Storage Shed
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 033377

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,570

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Appearance: Custom Features, Good
  • Estimated Total Finished Sq Ft: 2335
  • Estimated Upper Finished Sq Ft: 864
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 922/624
  • Garage Dim Descrip: 25x23
  • Legal Description: BACK ROAD
  • Master On Main: Yes
  • Number Rooms: 9
  • Parcel Nbr: 033377
  • Porch Dim Descrip: wrap around
  • Property Sub Type: Detached
  • Style Structure Home: Cape Cod
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Water Heater: Gas-Propane
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Dryer Hookup-Elec, Microwave, Oven, Range/Gas, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Concrete Floor, Full
  • Bedrooms: 3
  • Fireplace: Gas Logs/Vented, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Bay/Bow Windows, Ceiling Fan(s), Ceramictile Bath(s), Extra Storage, Laundry On Main, Spa Tub, Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Deck, Garden Space, Gravel Driveway, Porch, Private Yard, Storage Shed
  • Exterior Finish: Wood
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Double Attached, Triple Detached

Utilities

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

Schools

  • School District: Montgomery County
  • Elementary School: Harding Av
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: Rural, Secluded Lot, Suitable For Horses, View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Aug 12, 2013
Seller's Agent
Amy Hudson
RE/MAX 8 - Blacksburg
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%
Current Estimated Value
$650,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,715
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Jan 1, 1996
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
-- $362,000 --
-- $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lahmers Sunshine M $385,000
Closed Lahmers Kevin K $25,000
Closed Lahmers Sunshine M $314,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2013 08/12/13 Sold $362,000 -3.5% $155 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $375,000 -- $161 / 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 $3,570 $469,700 $68,900 $400,800
2024 $3,523 $469,700 $68,900 $400,800
2023 $3,288 $469,700 $68,900 $400,800
2022 $3,047 $342,400 $55,100 $287,300
2021 $3,047 $342,400 $55,100 $287,300
2020 $3,047 $342,400 $55,100 $287,300
2019 $3,047 $342,400 $55,100 $287,300
2018 $2,953 $331,800 $55,100 $276,700
2017 $2,953 $331,800 $55,100 $276,700
2016 $2,953 $331,800 $55,100 $276,700
2015 $2,953 $331,800 $55,100 $276,700
2014 $2,827 $317,600 $49,100 $268,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 310352

New River Valley Association of REALTORS®

APN: 033377