NOT LISTED FOR SALE

701 Sunset Ave Troutville, VA 24175

Estimated Value: $358,000 - $1,071,000

3 Beds
2 Baths
1,025 Sq Ft
$755/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2021

Last sale price $680,000 $663 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,516 / mo

165 Days on Market

Highlights

  • 69.58 Acre Lot
  • Mountain View
  • No HOA
  • Read Mountain Middle School Rated A-
  • Ranch Style House
  • 6 Car Attached Garage

About This Home

As of May 2021

This secluded home has a beautiful entry with an attached garage and a wrap around driveway that sets on 69+ Acres in Botetourt County! Home also offers a detached Garage that is 40x50 and is large enough to accommodate a Big Rig, and plenty of room for farm equipment. There is also additional storage that is 20x50, and a New roof was installed last year on the detached garage. The property sets in a small Valley, that is mostly cleared, with some Hills, and mature Trees. This property offers plenty of room for additional homes to be built , that offers Country living while still being close to local amenities. This is one of a kind property, that is available to see today!

Last Agent to Sell the Property

Adam Stephenson

RE/MAX ALL STARS License #0225242154 Listed on: 09/17/2020

RE/MAX ALL STARS

Co-Listed By

Austin Bousman

RE/MAX ALL STARS License #0225235858

RE/MAX ALL STARS

Last Buyer's Agent

Austin Bousman

RE/MAX ALL STARS License #0225235858

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1963

Lot Details

  • 69.58 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned A1

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Attached Garage
  • Off-Street Parking

Schools

  • Troutville Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Window Unit Cooling System
  • Heating unit installed on the ceiling
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,377

Year Built

Built in 1963

Lot Details

69.58 Acres

Listing Details

  • Heating System: Electric Ceiling
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Electric
  • Cooling System: Window A/C
  • Outside Features: Paved Driveway
  • Views: Mountain, Sunrise, Sunset
  • Addl Covered Parking S Q F T: 3000
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1025.00
  • ExteriorDoors: Wood
  • LaundryLaundryLowerLevel: 1
  • Major Area: 07 - Botetourt County
  • NumberAddCovSpaces: 4.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 550
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1025
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 6.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1025.00
  • TotalUnfin Sq Ft: 1025.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1025.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Gentle Slope, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 69.58
  • ZoningCode: A1

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 4377.39

MLS Schools

  • Elementary School: Troutville
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Apr 9, 2021
Sold by
Patterson Thomas M
Bought by
Morrison Dennis C and Moorison Martha G
Seller's Agent
Adam Stephenson
RE/MAX ALL STARS
Buyer's Agent
Austin Bousman
RE/MAX ALL STARS
List Price
$749,999
Sold Price
$680,000
Premium/Discount to List
-$69,999
-9.33%
Current Estimated Value
$773,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,822
Avg. Annual Appreciation
2.66%
Original Mortgage
$444,600
Outstanding Balance
$402,061
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$371,761

Purchase Details

Closed on
Sep 2, 2020
Sold by
Patterson Thomas M
Bought by
Patterson Thomas M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Morrison Dennis C $680,000 Colonial Title & Stlmnt Llc
Patterson Thomas M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Dennis C $444,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $680,000 -9.3% $663 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
09/17/2020 09/17/20 For Sale $749,999 -- $732 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $4,955 $707,800 $527,700 $180,100
2024 $1,877 $707,800 $527,700 $180,100
2023 $1,572 $650,800 $517,700 $133,100
2022 $1,573 $650,800 $517,700 $133,100
2021 $1,573 $563,600 $430,500 $133,100
2020 $4,452 $563,600 $430,500 $133,100
2019 $4,377 $554,100 $430,500 $123,600
2018 $4,377 $554,100 $430,500 $123,600
2017 $4,377 $554,100 $430,500 $123,600
2016 $1,702 $554,100 $430,500 $123,600
2015 $1,592 $609,400 $487,600 $121,800
2014 $1,592 $609,400 $487,600 $121,800
2010 -- $609,400 $487,600 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873414

Roanoke Valley Association of REALTORS®

APN: 88-101

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