NOT LISTED FOR SALE

551 Cascade Trail Fancy Gap, VA 24328

Estimated Value: $174,000 - $256,000

2 Beds
2 Baths
1,960 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $117,000 $60 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,250/month

277 Days on Market

Highlights

  • Mature Trees
  • Deck
  • 2 Fireplaces
  • Fancy Gap Elementary School Rated A-
  • Contemporary Architecture
  • Porch

About This Home

As of August 2020

Home in beautiful Cascade Mountain Resort adjacent to the Blue Ridge Parkway and minutes from NC. This gated community has pool, tennis, fishing, playground, waterfall & clubhouse. Home has been added onto to provide plenty of living space for a family retreat or full time residence. Large kitchen with island and pantry, great room with dining & living space and gas log brick fireplace to enhance mountain living. Sunroom can be used as additional dining or breakfast nook. 26.6 x 15+ enclosed porch perfect for family room or kid bunk room with laundry facilities, not included in living square footage. Full bathrooms on both levels. Upper level has large living room, exposed beams and wood burning fireplace, 2 bedrooms opening to a very large deck area to enjoy all nature has to offer. New roof in 2017, new tar on flat porch roof, newer deck spindles & stain. Floor plan has many possibilities for your mountain retreat. Wonderful wooded lot.

Last Agent to Sell the Property

Cindy Stuart

BHHS- Mountain Sky Properties, Wytheville License #0225102859 Listed on: 10/26/2019

BHHS- Mountain Sky Properties, Wytheville

Last Buyer's Agent

Cindy Stuart

BHHS- Mountain Sky Properties, Wytheville License #0225102859 Listed on: 10/26/2019

BHHS- Mountain Sky Properties, Wytheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Mature Trees
  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Brick Fireplace
  • Tilt-In Windows

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Fancy Gap Elementary School
  • Carroll County Intermediate
  • Carroll County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood
  • Baseboard Heating
  • Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include rec facilities, water, swimming pool
  • Cascade Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1978

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: .3 acre
  • Road Surface Type: Paved
  • Subdivision Name: Cascade
  • Directions: I-77 S to Fancy Gap Exit 8. Left off exit onto Chances Creek Road for 1 mile. Right onto Fancy Gap Hwy (52 S). one mile, left onto ramp for Blue Ridge Parkway for 1 mile. Turn right onto Skyline View for 2/10 mile. Left onto Lightning Ridge Road for 6/10 mile. Right onto Cascade 1/2 mile on left. No signs, gated community.
  • Above Grade Finished Sq Ft: 1960
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1978
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Dishwasher, Dryer, Cooktop, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Gas Log, Two, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet, Tile
  • Interior Amenities: Paneling, Ceiling Fan(s), High Speed Internet
  • Living Area: 1960
  • Main Level Bathrooms: 1
  • Window Features: Tilt Windows, No Window Treatments
  • Bathroom 2 Area: 35
  • Living Room Living Room Level: Upper
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 120
  • Master Bedroom Master Bedroom Width: 13
  • Bathroom 2 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Living Room Area: 420
  • Room Kitchen Area: 212.16
  • Room Master Bedroom Area: 169

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Other, T1-11, Wood Siding
  • Exterior Features: Mature Trees
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch, Open Deck
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Wood/Coal
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Rec Facilities, Water, Swimming Pool

Schools

  • Elementary School: Fancy Gap
  • High School: Carroll County
  • Middle Or Junior School: Carroll County Intermediate

Lot Info

  • Lot Size Sq Ft: 13068
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 979.95
  • Tax Lot: 14
  • Tax Map Number: 129C-5-14
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Kilpatrick Judith Mitchell and Kilpatrick Timothy Scott
Bought by
Kilpatrick Judith Mitchell and Kilpatrick Timothy Scott
Current Estimated Value
$205,339

Purchase Details

Listed on
Oct 26, 2019
Closed on
Aug 6, 2020
Sold by
Arrington Wanda B
Bought by
Kilpatrick Judith Mitchell and Mitchell Rebecca Lynne
Seller's Agent
Cindy Stuart
BHHS- Mountain Sky Properties, Wytheville
Buyer's Agent
Cindy Stuart
BHHS- Mountain Sky Properties, Wytheville
List Price
$134,900
Sold Price
$117,000
Premium/Discount to List
-$17,900
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$105,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
Act Industrial Inc
Bought by
Arrington Wanda B
Source: Public Records

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Range of Values:

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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
Kilpatrick Judith Mitchell -- None Available
Kilpatrick Judith Mitchell -- Title Insurance Company
Kilpatrick Judith Mitchell $117,000 None Available
Arrington Wanda B $119,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilpatrick Judith Mitchell $105,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $117,000 -13.3% $60 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
10/26/2019 10/26/19 For Sale $134,900 -- $69 / Sq Ft
Source: Southwest Virginia 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
2024 $754 $127,800 $15,000 $112,800
2023 $754 $127,800 $15,000 $112,800
2022 $818 $127,800 $15,000 $112,800
2021 $1,007 $157,400 $15,000 $142,400
2020 $1,029 $141,000 $15,000 $126,000
2019 $980 $141,000 $15,000 $126,000
2018 $980 $141,000 $15,000 $126,000
2017 $980 $141,000 $15,000 $126,000
2016 $793 $116,600 $15,000 $101,600
2015 -- $116,600 $15,000 $101,600
2014 -- $116,600 $15,000 $101,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 71933

APN: 129C-5-14