NOT LISTED FOR SALE

6733 Floyd Hwy S Willis, VA 24380

Estimated Value: $458,000 - $730,961

7 Beds
6 Baths
6,504 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $336,000 $52 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,405/month

385 Days on Market

Highlights

  • Home fronts a pond
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Traditional Architecture
  • Private Yard

About This Home

As of May 2020

Stately residence in Floyd County with 12.87 acres and 2 ponds, 7 bedrooms and 6 baths, chef’s kitchen, multiple living areas, decks and porches for gathering and lounging. Third floor would be a great guest or owners suite with private kitchen, bath and deck. Mud room with laundry, additional laundry area in bonus room on second floor above the two car attached garage. Home was recently pressured washed and is now sparkling! There is potential for 33 total acres with adjacent properties that are also for sale: 16 acres with metal building and barn and a 4 bedroom, 2 bath home with 5 acres is also available.

Last Listed By

Kelly Thomas

Thomas & Wall Real Estate LLC License #225089532 Listed on: 02/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 2003

Lot Details

  • 12.87 Acre Lot
  • Home fronts a pond
  • Landscaped
  • Private Yard
  • Garden

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Vinyl Trim

Interior Spaces

  • 6,504 Sq Ft Home
  • Family Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Double Oven

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Well
  • Propane Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 6183

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,900

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 6504
  • Estimated Upper Finished Sq Ft: 3886
  • Class: Residential
  • County Or City: Floyd
  • Is The Power On: Yes
  • Legal Description: Greasy Creek Tract 2 Plat 16-1478, tax ID
  • Lender Or Govt Ownd: Yes
  • Lvt Date: 02/06/2019
  • Master On Main: Yes
  • Number Rooms: 20
  • Parcel Nbr: 6183
  • Property Sub Type: Detached
  • Style Structure Home: Farm House, Traditional
  • Total Gross Building Area: 6504
  • Water Frontage: Pond
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Water Heater: Gas-Propane
  • Appliances: Double Oven
  • Basement: Crawl Space
  • Bedrooms: 7
  • Fireplace: Family Room
  • Full Bathrooms: 6

Exterior Features

  • Exterior Features: Deck, Garden Space, Gravel Driveway, Porch, Private Yard, Quality Landscaping, Screened Porch
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Electric, Heat Pump, Hp W/Gas Backup
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Floyd
  • Elementary School: Willis
  • High School: Floyd County

Lot Info

  • Lot Size: 560617.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Frey William R and Frey Candace L
Bought by
Shelor John A
Total Days on Market
385
Current Estimated Value
$570,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$40,498
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$511,742

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 5, 2020
Sold by
First Horizon Bank
Bought by
Shelor John A
Seller's Agent
Kelly Thomas
Thomas & Wall Real Estate LLC
Buyer's Agent
Linda Devito
UC/Blue Ridge Land & Auction
List Price
$399,900
Sold Price
$336,000
Premium/Discount to List
-$63,900
-15.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$196,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
Knobbe Sub Tr Travis A and Frey William R
Bought by
Capital Bank

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
Shelor John A $45,000 Attorney
Shelor John A $336,000 Virginia Title Center
Capital Bank $739,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelor John A $45,000
Previous Owner Shelor John A $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $336,000 -6.6% $52 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
01/13/2020 01/13/20 Price Changed $359,900 -10.0% $55 / Sq Ft
12/04/2019 12/04/19 For Sale $399,900 +19.0% $61 / Sq Ft
12/01/2019 12/01/19 Off Market $336,000 -- --
08/07/2019 08/07/19 For Sale $399,900 +19.0% $61 / Sq Ft
08/01/2019 08/01/19 Off Market $336,000 -- --
02/05/2019 02/05/19 For Sale $399,900 -- $61 / 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
2024 $2,900 $432,900 $68,200 $364,700
2023 $2,814 $432,900 $68,200 $364,700
2022 $2,814 $432,900 $68,200 $364,700
2021 $2,727 $432,900 $68,200 $364,700
2020 $2,245 $432,900 $68,200 $364,700
2019 $2,819 $469,900 $67,100 $402,800
2018 $2,819 $469,900 $67,100 $402,800
2017 $2,584 $469,900 $67,100 $402,800
2016 $4,197 $763,100 $231,900 $531,200
2015 -- $933,400 $231,900 $701,500
2014 -- $942,400 $227,900 $714,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 404325

New River Valley Association of REALTORS®

APN: 61-83