NOT LISTED FOR SALE

Estimated Value: $465,000 - $784,000

3 Beds
2.5 Baths
2,446 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $357,000 $146 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,285/month

15 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Porch
  • Margaret Beeks Elementary School Rated A-
  • No HOA
  • Built-In Features

About This Home

As of August 2021

Rare opportunity for a S. Main St. property with so much potential! This 3BR/2.5BA painted brick ranch sits back off of S. Main St and is zoned R-5 Transitional. Currently used as an investment property, however, has great potential for an owner occupant or other permissible R-5 use. Character abounds with slate floors in main room, hardwood in dining area and lots of built-ins in owner's suite with ensuite bath and walk-in closet. Additional features include numerous picture windows, nice sunroom/office area, enclosed courtyard, two additional bedrooms - one with 1/2 bath. Nice level lot with large front yard, patio and covered front porch perfect for entertaining. Lots of possibilities with this downtown Blacksburg home!

Last Agent to Sell the Property

Skip Slocum

Roots Realty Group License #225079106 Listed on: 06/18/2021

Last Buyer's Agent

Joe Racek

MR Real Estate License #0225214636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Property is in average condition
  • Property is zoned Residential 5

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,446 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Attic Access Panel
  • Electric Range

Flooring

  • Wood
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Radiator
  • Heat Pump System
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002579

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,501

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Appearance: Average
  • Estimated Total Finished Sq Ft: 2446
  • Class: Residential
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2019/002104
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: S S LAND CO LOT 5 PT 4 SEC 5
  • Lvt Date: 06/18/2021
  • Master On Main: Yes
  • Number Rooms: 6
  • Parcel Nbr: 002579
  • Patio Dim Descrip: 22 x 18 & 18 x 16
  • Porch Dim Descrip: 18 x 18
  • Property Sub Type: Detached
  • Rent Per Month: 1500
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 3
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Ranch
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood, Slate
  • Appliances: Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Laundry, Partial
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-Ins, Ceiling Fan(s)

Exterior Features

  • Exterior Features: Porch, Patio
  • Exterior Finish: Brick
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Single Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Baseboard-Hot Water, Gas-Natural, Heat Pump, Radiator-Hot Water
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Montgomery County
  • Elementary School: Beeks
  • Middle School: Blacksburg
  • High School: Blacksburg

Lot Info

  • Lot Size: 12022.56
  • Zoning: Residential 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 28, 2021
Sold by
Naga Llc
Bought by
Reeves Carter C and Reeves Andrea E
Seller's Agent
Skip Slocum
Roots Realty Group
Buyer's Agent
Joe Racek
MR Real Estate
List Price
$375,000
Sold Price
$357,000
Premium/Discount to List
-$18,000
-4.8%
Current Estimated Value
$564,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,723
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Mar 26, 2019
Sold by
Fraser Boyd David
Bought by
Naga Llc
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
Reeves Carter C $357,000 Old Republic National Title
Naga Llc -- Parker Pollard Wilton & Peaden
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $357,000 -4.8% $146 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $375,000 -- $153 / 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 $2,501 $329,100 $144,000 $185,100
2024 $2,468 $329,100 $144,000 $185,100
2023 $2,304 $329,100 $144,000 $185,100
2022 $2,404 $270,100 $120,000 $150,100
2021 $2,404 $270,100 $120,000 $150,100
2020 $2,404 $270,100 $120,000 $150,100
2019 $2,404 $270,100 $120,000 $150,100
2018 $2,328 $261,600 $120,000 $141,600
2017 $2,328 $261,600 $120,000 $141,600
2016 $2,328 $261,600 $120,000 $141,600
2015 $2,328 $261,600 $120,000 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 412324

New River Valley Association of REALTORS®

APN: 002579