NOT LISTED FOR SALE

7481 Ridge Rd Fairlawn, VA 24141

Estimated Value: $139,656 - $309,000

2 Beds
1 Bath
752 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $63,000 $84 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,145/month

72 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Storage Shed
  • Corner Lot
  • Bungalow
  • Vinyl Flooring

About This Home

As of December 2016

Come see this updated home on large corner lot. Convenient to schools, shopping and Radford University.

Last Agent to Sell the Property

Charles Burnette

Burnette Real Estate Sales & Management Inc. License #225190839 Listed on: 08/17/2016

Co-Listed By

Samuel Burnette

Burnette Real Estate Sales & Management Inc. License #225197501

Last Buyer's Agent

John Farmer

Giesen-Caldwell Agency, Inc. License #0225119908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1940

Lot Details

  • Corner Lot
  • Property is in average condition

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 752 Sq Ft Home
  • Crawl Space
  • Attic Access Panel

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 029-004-0000-0005

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Average
  • Estimated Total Finished Sq Ft: 752
  • Class: Residential
  • County Or City: Pulaski
  • Deed Bk Pg Instrumnt: 2016/1279
  • Legal Description: LOT 5 SECTION 3 FAIRLAWN
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 4
  • Parcel Nbr: 029-004-0000-0005
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Laminated, Vinyl
  • Attic: Access Only
  • Basement: Crawl Space
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Gravel Driveway, Porch, Storage Shed
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Sewer: Public System
  • Water: Public Water

Schools

  • School District: Pulaski County
  • Elementary School: Riverlawn
  • Middle School: Pulaski County Middle School
  • High School: Pulaski County

Lot Info

  • Land Description: Corner, Subdivision

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 30, 2016
Sold by
Carrington Mortgage Services Llc A Delaw
Bought by
Sexton Zachary M
Seller's Agent
Charles Burnette
Burnette Real Estate Sales & Management Inc.
Buyer's Agent
John Farmer
Giesen-Caldwell Agency, Inc.
List Price
$79,900
Sold Price
$63,000
Premium/Discount to List
-$16,900
-21.15%
Current Estimated Value
$201,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,664
Avg. Annual Appreciation
12.25%
Original Mortgage
$50,400
Outstanding Balance
$41,148
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$131,620

Purchase Details

Closed on
May 2, 2016
Sold by
Professional Foreclosure Corporation Of and Hodge Justin L
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
Duncan Michael B and Nicewander Tara
Bought by
Hodge Justin L and Hodge Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,040
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Sexton Zachary M $63,000 Attorney
Carrington Mortgage Services Llc $69,700 None Available
Hodge Justin L $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Zachary M $50,400
Previous Owner Hodge Justin L $12,712
Previous Owner Hodge Justin L $104,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $63,000 -21.2% $84 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $79,900 -- $106 / 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 $555 $75,000 $22,000 $53,000
2024 $555 $75,000 $22,000 $53,000
2023 $555 $75,000 $22,000 $53,000
2022 $555 $75,000 $22,000 $53,000
2021 $555 $75,000 $22,000 $53,000
2020 $520 $67,500 $22,000 $45,500
2019 $520 $67,500 $22,000 $45,500
2018 $520 $67,500 $22,000 $45,500
2017 $432 $67,500 $22,000 $45,500
2016 $432 $67,500 $22,000 $45,500
2015 $432 $67,500 $22,000 $45,500
2014 $542 $91,900 $17,000 $74,900
2013 $542 $91,900 $17,000 $74,900
Source: Public Records

Agents Affiliated with this Home

  • Charles Burnette

    Seller's Agent in 2016

    Charles Burnette

    Burnette Real Estate Sales & Management Inc.

    (540) 357-2778

    6 in this area

    58 Total Sales

    Charles Burnette
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Samuel Burnette

    Burnette Real Estate Sales & Management Inc.

  • J

    Buyer's Agent in 2016

    John Farmer

    Giesen-Caldwell Agency, Inc.

    (540) 392-2556

    10 in this area

    42 Total Sales

    John Farmer
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 325161

New River Valley Association of REALTORS®

APN: 07120

Virginia Pulaski County Fairlawn 24141

7481 Ridge Rd, Fairlawn, VA

This home is located at 7481 Ridge Rd, Fairlawn, VA 24141 since 17 August 2016 and is currently estimated at $201,664, approximately $268 per square foot. This property was built in 1940. 7481 Ridge Rd is a home located in Pulaski County with nearby schools including Riverlawn Elementary School, Dublin Middle School, and Pulaski County 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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