NOT LISTED FOR SALE

Estimated Value: $266,000 - $300,000

3 Beds
2 Baths
970 Sq Ft
1986 Built

Last Sold June 11, 2020

Last sale price $170,500 $176 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,627/month

7 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Siding
  • Gilbert Linkous Elementary School Rated A
  • Main Floor Primary Bedroom
  • Carpet

About This Home

As of June 2020

3-Bedroom 3rd-floor condo in a very desirable location, on bus route and convenient to Virginia Tech campus, Downtown Blacksburg, amenities such as Starbucks, Kroger, CVS, shopping, gyms, a variety of restaurants including Panera, McAlister's, McAdoo's, Marco & Luca, HWY 55 Burgers, plus many more. Kitchen features great pantry space, smooth top range, breakfast bar. Features include coat closet & extra storage. Separate laundry room - washer/dryer included. Master bedroom has en suite bath. Rheem water heater & RUDD heat pump. Current lease: $1,125/mo through July 30, 2020;new lease is $1,135/mo through July 30, 2021. The location makes this property easy to rent and will be a terrific investment for years to come.

Last Agent to Sell the Property

Diane Boon

Porch & Picket Real Estate, Inc. License #225051067 Listed on: 04/28/2020

Last Buyer's Agent

Kerry Gillispie

RE/MAX 8 - Blacksburg License #225029850

RE/MAX 8 - Blacksburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1986

Home Design

  • 970 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Property is in good condition
  • Property is near public transit

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance, common area maintenance, exterior bldg maint, garbage removal mgmt, snow removal
  • Property managed by Townside

Listing and Financial Details

  • Assessor Parcel Number 026013

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,574

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 970
  • Class: Residential
  • Condo Level: 3
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2016/006155
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: UNIVERSITY PL CONDO PH 1 BG 2 UNIT 825
  • Lvt Date: 04/28/2020
  • Master On Main: Yes
  • Miscellaneous: Near Pub Transport
  • Number Rooms: 5
  • Parcel Nbr: 026013
  • Property Mgmt Co: Townside
  • Property Sub Type: Condominium
  • Rent Per Month: 1135
  • Style Structure Home: Condo
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Interior Amenities: Laundry On Main, Pantry

Exterior Features

  • Exterior Features: Deck, Sidewalks
  • Exterior Finish: Brick, Wood
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance, Common Area Maint, Exterior Bldg Maint, Garbage Removal Mgmt, Snow Removal

Schools

  • School District: Montgomery County
  • Elementary School: Gilbert Linkous
  • Middle School: Blacksburg
  • High School: Blacksburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 4, 2020
Sold by
Ahmet Burakgazi
Bought by
Vraj Real Estate Llc
Seller's Agent
Diane Boon
Porch & Picket Real Estate, Inc.
Buyer's Agent
Kerry Gillispie
RE/MAX 8 - Blacksburg
List Price
$174,000
Sold Price
$170,500
Premium/Discount to List
-$3,500
-2.01%
Current Estimated Value
$276,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,162
Avg. Annual Appreciation
8.93%
Original Mortgage
$136,400
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
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
Vraj Real Estate Llc $170,500 Fidelity National Title
-- $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vraj Real Estate Llc $131,000
Closed Vraj Real Estate Llc $136,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $170,500 -2.0% $176 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $174,000 0.0% $179 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $174,000 +58.9% $179 / Sq Ft
07/28/2016 07/28/16 Sold $109,500 -3.9% $113 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $113,900 -- $117 / 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 $1,574 $207,100 $0 $207,100
2024 $1,553 $207,100 $0 $207,100
2023 $1,450 $207,100 $0 $207,100
2022 $1,119 $125,700 $0 $125,700
2021 $1,119 $125,700 $0 $125,700
2020 $1,119 $125,700 $0 $125,700
2019 $1,119 $125,700 $0 $125,700
2018 $925 $103,900 $0 $103,900
2017 $925 $103,900 $0 $103,900
2016 $925 $103,900 $0 $103,900
2015 $925 $103,900 $0 $103,900
2014 $1,111 $124,800 $0 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 408546

New River Valley Association of REALTORS®

APN: 026013