NOT LISTED FOR SALE

5485 W Lynchburg Salem Turnpike Thaxton, VA 24174

Estimated Value: $218,000 - $274,000

3 Beds
1 Bath
1,025 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $179,950 $176 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,343/month

15 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Gentle Sloping Lot
  • 1-Story Property
  • Central Air

About This Home

As of June 2021

Beautiful brick ranch with numerous upgrades. Upgrades include: new roof, new septic system (costing over $5,800), all new plumbing in the house, new ducts, 200 amp electrical box, new pressure tank for well, new hot water heater, new heat pump, and new replacement windowsBrand new kitchen (new cabinets, new faucet, new granite countertops, all new appliances). New bathroom with new tub and new vanity. Refinished hardwood floors, new vinyl plank floors in the kitchen and bathroom, new light fixtures, new paint inside the home, new seamless gutter, new ducts and vents installed in attic for new hvac system, and new replacement windows.

Last Agent to Sell the Property

April McGhee

L T MCGHEE & CO License #0225246137 Listed on: 04/19/2021

Co-Listed By

Leon McGhee

L T MCGHEE & CO License #0225108193

Last Buyer's Agent

Cynthia Snead

CENTURY 21 ALL-SERVICE License #0225230784

CENTURY 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $631

Year Built

  • Built in 1970

Lot Details

  • Gentle Sloping Lot

Parking

  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Flue
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Montvale Elementary School
  • Liberty Middle School
  • Liberty High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17-24 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$631

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Flue Available
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 925.00
  • LaundryLaundryLowerLevel: 1
  • Major Area: 06 - Bedford County
  • OtherAboveGrdFin Sq Ft: 100.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: el ward
  • Total Above Grd Fin S Q F T: 1025
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1025.00
  • TotalUnfin Sq Ft: 925.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 925.00
  • 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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Lot: 17-24
  • Phase: 1

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 631.00

MLS Schools

  • Elementary School: Montvale
  • HighSchool: Liberty High
  • Middle School: Liberty Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 17, 2021
Sold by
April Investments Llc
Bought by
Mckinney Tyler and Carter Christy
Seller's Agent
April McGhee
L T MCGHEE & CO
Buyer's Agent
Cynthia Snead
CENTURY 21 ALL-SERVICE
List Price
$179,950
Sold Price
$179,950
Current Estimated Value
$245,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,065
Avg. Annual Appreciation
7.32%
Original Mortgage
$181,767
Outstanding Balance
$164,567
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,448
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
Mckinney Tyler $179,950 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Tyler $181,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $179,950 0.0% $176 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $179,950 +299.9% $176 / Sq Ft
06/19/2020 06/19/20 Sold $45,000 0.0% $49 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $45,000 -- $49 / 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 $715 $174,500 $30,000 $144,500
2024 $715 $174,500 $30,000 $144,500
2023 $715 $87,250 $0 $0
2022 $486 $48,550 $0 $0
2021 $486 $97,100 $20,000 $77,100
2020 $486 $97,100 $20,000 $77,100
2019 $486 $97,100 $20,000 $77,100
2018 $495 $95,200 $20,000 $75,200
2017 $495 $95,200 $20,000 $75,200
2016 $495 $95,200 $20,000 $75,200
2015 $495 $95,200 $20,000 $75,200
2014 $495 $95,200 $20,000 $75,200
Source: Public Records

Agents Affiliated with this Home

  • April McGhee

    Seller's Agent in 2021

    April McGhee

    L T MCGHEE & CO

    (540) 314-1475

    99 Total Sales

    April McGhee
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Leon McGhee

    L T MCGHEE & CO

    (540) 343-5718

    59 Total Sales

    Leon McGhee
    Section Image

  • C

    Buyer's Agent in 2021

    Cynthia Snead

    CENTURY 21 ALL-SERVICE

    (540) 874-4329

    92 Total Sales

    Cynthia Snead
    Section Image

  • S

    Seller's Agent in 2020

    Steve Rush

    CENTURY 21 ALL-SERVICE

    (540) 871-4021

    41 Total Sales

    Steve Rush
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 878985

Roanoke Valley Association of REALTORS®

APN: 106A-1-17

Virginia Bedford County Thaxton 24174

5485 W Lynchburg Salem Turnpike, Thaxton, VA

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