NOT LISTED FOR SALE

700 Nellies Cave Rd Blacksburg, VA 24060

Grissom-Highland Neighborhood

Estimated Value: $567,000 - $727,000

5 Beds
3 Baths
2,313 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $575,000 $249 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,930/month

107 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Deck
  • Margaret Beeks Elementary School Rated A-
  • Updated Kitchen
  • Vaulted Ceiling

About This Home

As of August 2022

This New Construction single family home is located on a hillside corner lot within town limits and is ready to move in! Total curb appeal, this modern designer home has vaulted ceilings throughout the main floor with beautiful tall windows that afford lots of light. The large covered entertainment deck with stylish exterior chandelier is positioned to enjoy breath taking views. Features 5 bed, 3 bath, 2 living rooms, walk-out basement and large 2 car garage. Dream Kitchen has solid wood cabinets with soft close, granite countertops, large island, wine fridge, microwave, two ovens, integrated air fryer, stainless steel appliances and walk-in pantry. Master bedroom offers scenic view with quality walk-in closet and a “picture perfect” ensuite. Custom Shower is luxurious with side jets & a rain fall head. This is a rare find, located near VT bus stop, IMAX/entertainment, groceries & Nellie’s Cave Park with walking trails, pool and play area. NO HOA’s. Additional .26 acres for sale.

Last Agent to Sell the Property

Rebecca Lachance

Blue Ridge Mountain Realty, LLC Listed on: 03/26/2022

Last Buyer's Agent

Darin Greear

Long & Foster - Blacksburg License #225086131

Long & Foster - Blacksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,185

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,672 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Custom Home
  • A-Frame Home
  • Fire Rated Drywall
  • Vinyl Trim

Interior Spaces

  • 2,313 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Storage
  • Washer and Electric Dryer Hookup
  • Wood Flooring
  • Attic Floors
  • Property Views

Kitchen

  • Updated Kitchen
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Rack

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Spa Bath
  • Ceramic Tile in Bathrooms

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011470

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,185

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Appearance: Custom Features, Decorator Touches, New Construction-Fin, Very Good
  • Estimated Total Finished Sq Ft: 2313
  • Class: Residential
  • County Or City: Montgomery
  • Garage Dim Descrip: 24x26
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: N BLACKSBURG BM/BLACKSBURG/MOUNT TABOR
  • Lvt Date: 03/26/2022
  • Number Rooms: 9
  • Parcel Nbr: 011470
  • Property Sub Type: Detached
  • Lower Level Bathrooms: 2
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Lowe: 3
  • Room Level Bedrooms Main: 2
  • Style Structure Home: A-Frame
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dishwasher, Dryer Hookup-Elec, Microwave, Oven, Range/Electric, Refrigerator, Washer Hookup, Wine Storage
  • Attic: Floored
  • Basement: Finished, Laundry, Walk Out
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fan(s), Ceramictile Bath(s), Custom Countertops, Extra Storage, Pantry, Spa Shower, Upgrd/Gourmet Ktchn, Vaulted Ceiling, Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Sidewalks
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Margaret Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Land Description: Corner, Road Frontage, View
  • Lot Size: 10672.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
Aug 11, 2022
Sold by
Fredric Lachance
Bought by
Hicks Brian F
Seller's Agent
Rebecca Lachance
Blue Ridge Mountain Realty, LLC
Buyer's Agent
Darin Greear
Long & Foster - Blacksburg
List Price
$695,000
Sold Price
$575,000
Premium/Discount to List
-$120,000
-17.27%
Views
2
Current Estimated Value
$653,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,987
Avg. Annual Appreciation
6.34%
Original Mortgage
$517,500
Outstanding Balance
$498,697
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$192,723

Purchase Details

Closed on
Nov 8, 2021
Sold by
Lynn Lachance Rebecca and Pierce Jonathan
Bought by
Lachance Fredric and Lachance Shannon

Purchase Details

Closed on
Apr 6, 2021
Sold by
Lachance and Shannon
Bought by
Lachance Rebecca Lynn and Kuzma Jonathan Pierce

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records

Range of Values:

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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
Hicks Brian F $575,000 New Title Company Name
Lachance Fredric -- Shaheen Firm Pc
Lachance Rebecca Lynn -- Spicer Olin & Associates Pc
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Brian F $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $575,000 -2.4% $249 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $589,000 -13.4% $255 / Sq Ft
06/16/2022 06/16/22 Price Changed $680,000 -2.2% $294 / Sq Ft
06/16/2022 06/16/22 For Sale $695,000 0.0% $300 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
04/08/2022 04/08/22 Price Changed $695,000 -7.3% $300 / Sq Ft
03/26/2022 03/26/22 For Sale $750,000 -- $324 / 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 $4,185 $550,700 $63,300 $487,400
2024 $4,130 $550,700 $63,300 $487,400
2023 $3,855 $550,700 $63,300 $487,400
2022 $120 $13,500 $13,500 $0
2021 $120 $13,500 $13,500 $0
2020 $120 $13,500 $13,500 $0
2019 $120 $13,500 $13,500 $0
2018 $120 $13,500 $13,500 $0
2017 $120 $13,500 $13,500 $0
2016 $120 $13,500 $13,500 $0
2015 $120 $13,500 $13,500 $0
2014 $120 $13,500 $13,500 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rebecca Lachance

    Blue Ridge Mountain Realty, LLC

    Section Image
  • Darin Greear

    Buyer's Agent in 2022

    Darin Greear

    Long & Foster - Blacksburg

    (540) 320-5859

    4 in this area

    645 Total Sales

    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 414648

New River Valley Association of REALTORS®

APN: 011470

Virginia Montgomery County Blacksburg 24060 Grissom-Highland

700 Nellies Cave Rd, Blacksburg, VA

This home is located at 700 Nellies Cave Rd, Blacksburg, VA 24060 since 26 March 2022 and is currently estimated at $632,835, approximately $273 per square foot. This property was built in 2022. 700 Nellies Cave Rd is a home located in Montgomery County with nearby schools including Margaret Beeks Elementary School, Blacksburg Middle School, and Blacksburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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