NOT LISTED FOR SALE

7859 Springwood Rd Buchanan, VA 24066

Estimated Value: $264,528 - $300,000

2 Beds
2 Baths
1,456 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $154,450 $106 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,617/month

143 Days on Market

About This Home

As of January 2017

Live comfortably in this Ranch with ridge top views. This clean-well maintained home has large living Room, kitchen, dining room, 2 BR's and 2 baths. Part of large Living Room could convert back to a 3rd BR. There is a full unfinished walkout basement w/flue, covered front porch and large deck. Paved driveway, carport, large work shop and two bay tractor shed. Just minutes to James River and I81.

Last Agent to Sell the Property

Kenneth Sexton

James River Realty - Lexington Listed on: 08/30/2016

Last Buyer's Agent

Melanie Knick

James River Realty - Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,841

Year Built

1992

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt.11 South to Buchanan, R on Rt 43, L at JRHS on Springwood Rd. for about 2+ miles on Rt.
  • HistoricProperty: No
  • Listing Member Name: Kenneth Sexton
  • Listing Office Short Id: jrrlex
  • Open House Office I D: 20080325192429605012000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: melk
  • Selling Office Short Id: jrrlex
  • Subdivision Yn: No
  • TotalFinSFApx: 1456.00
  • Year Built: 1992
  • Taxes Dollars: 1191.00
  • TotalAcresApx: 4.00
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Side
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • Type of Construction: Modular
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Unfinished, Walkout
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Laminate
  • Appliances: As Is, Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Gas
  • Fireplace Location: Living Room
  • Interior Amenities: Breakfast Area, Ceiling Fan, Flue Available, Skylight
  • Lower Floor 1 Bedrooms: 6

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Ceiling Fan(s), Deck-Side, Fireplace, Paved Driveway, Porch-Front, View - Mountains, View - Valley
  • Road Frontage: State Road
  • Roof: Shingle
  • Street: Springwood
  • Surface Water: None
  • Tax Rate: .79
  • Flood Zone: SW
  • Out Buildings: Equipment Shed, Workshop
  • Topography: Rolling, Views
  • Exterior Features: Covered Porch, Deck, Garden Space, Paved Driveway, Storage Shed, Workshop

Garage/Parking

  • Garage Spaces: Carport, Detached, Workshop

Utilities

  • Cooling: Heat Pump Electric
  • Heating: Heat Pump(s)
  • Sewer: Septic Approved
  • Utilities Available: Electric
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Buchanan Elementary
  • Middle School: Central Academy Middle
  • High School: James River
  • Elementary School: Buchanan Elementary
  • High School: James River
  • Middle School: Central Academy Middle

Lot Info

  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 50(3)2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Dec 9, 2016
Sold by
Ballard Freddie D and Ballard Becky L
Bought by
Hylton David D
Seller's Agent
Kenneth Sexton
James River Realty - Lexington
Buyer's Agent
Melanie Knick
James River Realty - Lexington
List Price
$169,500
Sold Price
$154,450
Premium/Discount to List
-$15,050
-8.88%
Current Estimated Value
$268,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,273
Avg. Annual Appreciation
7.48%
Original Mortgage
$151,652
Outstanding Balance
$126,434
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$160,265
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 Buyer Sale Price Title Company
Hylton David D $154,450 Colonial Title & Slmnt Agncy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hylton David D $151,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $154,450 -8.9% $106 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $169,500 -- $116 / Sq Ft
Source: Rockbridge Highlands 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 $1,841 $263,000 $50,000 $213,000
2023 $1,309 $165,700 $45,000 $120,700
2022 $1,309 $165,700 $45,000 $120,700
2021 $1,309 $165,700 $45,000 $120,700
2020 $1,309 $165,700 $45,000 $120,700
2019 $1,191 $150,700 $45,000 $105,700
2018 $1,191 $150,700 $45,000 $105,700
2017 $1,191 $150,700 $45,000 $105,700
2016 $1,191 $150,700 $45,000 $105,700
2015 $1,118 $155,300 $45,000 $110,300
2014 $1,118 $155,300 $45,000 $110,300
2010 -- $155,300 $45,000 $110,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 131097

APN: 50(3)2