$69,700
SOLD MAY 2, 2016

7485 Ridge Rd Fairlawn, VA 24141

2 Beds
1 Bath
800 Sq Ft
0.28 Acres

Recently Sold

$87 Per Sq Ft

24% Below List Price

89 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Bungalow
  • Wood Flooring
  • Porch
  • Central Air

About This Home

As of June 2021

Must see remodeled home with hardwood floors, updated kitchen and bathroom. Large level lot. Centrally located between Radford and Christiansburg. The buyer and agent must register and submit offers at (http://www.hudsonandmarshall.com/). Contact agent for info. Auction results may take up to 7 calendar days after auction closes. $2,000 buyer premium paid at closing. Bank of America employees, household members or business partners prohibited from purchasing.

Last Agent to Sell the Property

Charles Burnette

Burnette Real Estate Sales & Management Inc. License #225190839 Listed on: 12/16/2015

Co-Listed By

Samuel Burnette

Burnette Real Estate Sales & Management Inc. License #225197501

Last Buyer's Agent

Levi Cox

UC/Blue Ridge Land & Auction License #0225217513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Property is in good condition

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 800 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel
  • Electric Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 02900400030006

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 800
  • Class: Residential
  • County Or City: Pulaski
  • Deed Bk Pg Instrumnt: 2010/1088
  • Legal Description: LOT 6 SEC 3 FAIRLAWN SPRING SUBD #3
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 5
  • Parcel Nbr: 02900400030006
  • Property Sub Type: Detached
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood
  • Appliances: Dryer Hookup-Elec, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Crawl Space
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Interior Amenities: Laundry On Main

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Insulated Glass, Porch
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Carport/Single

Utilities

  • Air Conditioner: Central Electric
  • Heating: Gas-Natural
  • 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: Subdivision
  • Lot Size: 12196.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 25, 2021
Sold by
Shrader Alexis
Bought by
Poff Phoebe S
Seller's Agent
Chad Eversole
UC/Blue Ridge Land - Cburg
Buyer's Agent
Rhonda Melton
Long & Foster - Blacksburg
List Price
$136,000
Sold Price
$142,000
Premium/Discount to List
$6,000
4.41%
Current Estimated Value
$177,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,487
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Dec 16, 2015
Closed on
Apr 6, 2016
Sold by
Bank Of America Na
Bought by
Shrader Alexis
Seller's Agent
Charles Burnette
Burnette Real Estate Sales & Management Inc.
Buyer's Agent
Levi Cox
UC/Blue Ridge Land & Auction
List Price
$92,000
Sold Price
$69,700
Premium/Discount to List
-$22,300
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%
Original Mortgage
$74,961
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Atlantic Trustee Services Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 29, 2010
Sold by
Wilson Lucille S
Bought by
Mabry Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,371
Interest Rate
5.02%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $142,000 Attorney
Special Warranty Deed $69,700 None Available
Trustee Deed $64,590 None Available
Warranty Deed $95,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,961 New Conventional
Previous Owner $97,371 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $142,000 +4.4% $178 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $136,000 +95.1% $170 / Sq Ft
05/02/2016 05/02/16 Sold $69,700 -24.2% $87 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $92,000 -- $115 / 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 $608 $82,200 $20,000 $62,200
2024 $608 $82,200 $20,000 $62,200
2023 $608 $82,200 $20,000 $62,200
2022 $608 $82,200 $20,000 $62,200
2021 $608 $82,200 $20,000 $62,200
2020 $575 $74,700 $20,000 $54,700
2019 $575 $74,700 $20,000 $54,700
2018 $575 $74,700 $20,000 $54,700
2017 $478 $74,700 $20,000 $54,700
2016 $478 $74,700 $20,000 $54,700
2015 $478 $74,700 $20,000 $54,700
2014 $562 $95,300 $15,000 $80,300
2013 $562 $95,300 $15,000 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 321770

New River Valley Association of REALTORS®

APN: 18438