NOT LISTED FOR SALE

743 Colonial Rd Blue Ridge, VA 24064

Estimated Value: $219,000 - $281,000

3 Beds
2 Baths
1,281 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $107,000 $84 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,393/month

7 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Baseboard Heating
  • Colonial Elementary School Rated A-

About This Home

As of April 2016

Three bedroom Two Bath Ranch with a full basement on .48 acres in Botetourt County property features a pool and fenced backyard Taxes and Sqft per Botetourt County GIS buyer responsible for all inspections and to verify all information. For more information and to submit offers visit HomePath.com

Last Agent to Sell the Property

Gregg Ayers

PRIME REAL ESTATE SERVICES INC License #0225064347 Listed on: 02/05/2016

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $858

Year Built

  • Built in 1978

Lot Details

  • 0.48

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Laundry on main level
  • 0.48 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$858

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1025.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 1281
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 256.00
  • Major Area: 07 - Botetourt County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-02-12
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1025
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1281.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well

Schools

  • Elementary School: Colonial
  • Middle School: Read Mountain
  • High School: Lord Botetourt

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.48

Building Info

  • Year Built: 1978

Tax Info

  • Taxes (6 mo): 858.00
  • FILLTAXID: 109-173

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 13, 2016
Sold by
Federal National Mortgage Association
Bought by
Soper William Henley
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
List Price
$102,000
Sold Price
$107,000
Premium/Discount to List
$5,000
4.9%
Current Estimated Value
$237,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,588
Avg. Annual Appreciation
8.19%
Original Mortgage
$103,790
Outstanding Balance
$83,458
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$139,707

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 25, 2016
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
Federal National Mortgage Association
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
List Price
$102,000
Sold Price
$107,000
Premium/Discount to List
$5,000
4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,790
Outstanding Balance
$83,458
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$139,707

Purchase Details

Closed on
Mar 17, 2015
Sold by
Casterline Jr Sub Tr William H
Bought by
Mountcastle Mark
Source: Public Records

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
Soper William Henley $107,000 Homestead Stlmnts Svcs Llc
Federal National Mortgage Association $70,300 None Available
Mountcastle Mark $31,921 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soper William Henly $31,497
Open Soper William Henley $103,790
Previous Owner Mountcastle Mark $32,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $107,000 +4.9% $84 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $102,000 -- $80 / Sq Ft
Source: Roanoke 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 $1,188 $169,700 $22,000 $147,700
2023 $1,036 $131,100 $22,000 $109,100
2022 $1,036 $131,100 $22,000 $109,100
2021 $1,036 $131,100 $22,000 $109,100
2020 $1,036 $131,100 $22,000 $109,100
2019 $912 $115,400 $22,000 $93,400
2018 $912 $115,400 $22,000 $93,400
2017 $912 $115,400 $22,000 $93,400
2016 $912 $115,400 $22,000 $93,400
2015 $858 $119,200 $22,000 $97,200
2014 $858 $119,200 $22,000 $97,200
2010 -- $119,200 $22,000 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 822718

Roanoke Valley Association of REALTORS®

APN: 109-173