NOT LISTED FOR SALE

70 Elm Place Clarksville, VA 23927

Estimated Value: $726,000 - $1,834,000

3 Beds
3 Baths
4,430 Sq Ft
$313/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $450,000 $102 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $7,567/month

659 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Contemporary Architecture
  • Lake View
  • Deck
  • Cathedral Ceiling

About This Home

As of February 2013

NEW PRICE $450,000. MILLION DOLLAR LAKE VIEW. Gather your family and vacation year round in this custom lake home MOSTLY FURNISHED with two sunrooms and cathedral greatroom. Your friends can enjoy their own space in lower guest rooms and finished recreation area, opening out to full length patio. Aluminum walkway keeps your main channel dock in place. Wake up to sunrises over beautiful Occoneechee State Park. This is a premier executive home in a premier lake community, with air field, hiking trail, tennis, park and community dock.

Last Agent to Sell the Property

Lise Burnett

Century 21 On the Lake License #131657 Listed on: 03/17/2011

Last Buyer's Agent

J.C. Eldreth

Century 21 On the Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 2003

Lot Details

  • 0.6 Acre Lot
  • Waterfront
  • Garden

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Living Room with Fireplace
  • Lake Views
  • Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Playground
  • Front Porch

Schools

  • Clarksville Elementary School
  • Bluestone Middle School
  • Bluestone High School

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 54914

Community Details

Overview

  • Property has a Home Owners Association
  • Merifield Acres Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: DIRECTIONS FROM CLARKSVILLE - South on Hwy 15 - Left on Burlington Dr - Right on Old Nat'l Hwy - Left into Merifield - Left on Occoneechee - Left on Lewis - Left on Ridge - Left on Elm - 70 Elm Place at end
  • Property Sub Type: Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.6
  • Lot Size: .6
  • Water Body Name: Kerr/Buggs Island Lake
  • Subdivision Name: Merifield Acres
  • Above Grade Finished Sq Ft: 2545
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Site Built
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Range/Oven-Electric, Dryer
  • Has Basement: Full, Finished, Exterior Entry
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1885
  • Fireplace Features: Living Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 4430

Exterior Features

  • Exterior Features: Play Area
  • Lot Features: Garden Space
  • View: Water, Main Lake
  • View: Yes
  • Waterfront Features: Dock/Pier, Kerr/Buggs Island Lake
  • Waterfront: Yes
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab, Other
  • Patio And Porch Features: Front Porch, Deck, Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Gravel Drive

Utilities

  • Heating: Heat Pump, Other
  • Sewer: Septic Tank
  • Laundry Features: Washer &/or Dryer Hookup
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1
  • Association: Yes

Schools

  • Elementary School: Clarksville
  • High School: Bluestone
  • Middle Or Junior School: Bluestone

Lot Info

  • Lot Size Sq Ft: 26136
  • Farm Land Area Units: Square Feet
  • Parcel #: 54914
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 0.36
  • Tax Book Number: 4-4963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2011
Closed on
Feb 1, 2013
Sold by
Bailey Michael A
Bought by
Meadows Watkins L
Seller's Agent
Lise Burnett
Century 21 On the Lake
Buyer's Agent
J.C. Eldreth
Century 21 On the Lake
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%
Current Estimated Value
$1,387,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$937,071
Avg. Annual Appreciation
8.31%
Original Mortgage
$296,746
Outstanding Balance
$208,892
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$1,028,020
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
Meadows Watkins L $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Watkins L $296,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2013 02/05/13 Sold $450,000 -24.4% $102 / Sq Ft
01/06/2013 01/06/13 Pending -- -- --
03/18/2011 03/18/11 For Sale $595,000 -- $134 / Sq Ft
Source: Roanoke Valley Lake Gaston Board 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 $2,474 $687,300 $145,000 $542,300
2023 $2,390 $597,600 $145,000 $452,600
2022 $2,390 $597,600 $145,000 $452,600
2021 $1,996 $475,200 $160,000 $315,200
2020 $1,996 $475,200 $160,000 $315,200
2019 $360 $512,600 $190,000 $322,600
2018 $2,153 $512,600 $190,000 $322,600
2017 $2,069 $492,600 $170,000 $322,600
2016 $2,069 $492,600 $170,000 $322,600
2015 -- $515,700 $170,000 $345,700
2013 -- $631,500 $300,000 $331,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 104489

APN: 10853