NOT LISTED FOR SALE

87 Rainbow Forest Dr Blue Ridge, VA 24064

Blue Ridge Area

Estimated Value: $381,000 - $467,000

4 Beds
2 Baths
1,840 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2019

Last sale price $270,000 $147 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,546 / mo

23 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Covered Patio or Porch
  • Colonial Elementary School Rated A-
  • No HOA
  • 4 Car Attached Garage

About This Home

As of August 2019

Beautiful 1.78 Acres with a sprawling, brick colonial ranch w/attached 2 car garage and a 24x36 detached garage/workshop w/opener, wood stove & compressor. A handyman's dream. Enjoy the rocking chair front porch and feel the breeze through the trees. Big gathering room w/fireplace, equipped kitchen, wonderful mud room, master bedroom en-suite and 3 additional bedrooms. All on one Level. The back yard is level and cleared for games or garden. Great curb appeal with mature trees for privacy & double paved driveway. THIS IS IT!

Last Buyer's Agent

Julie Bays

RE/MAX LAKEFRONT REALTY INC License #0225233565

RE/MAX LAKEFRONT REALTY INC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1983

Lot Details

  • 1.78 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,840 Sq Ft Home
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Crawl Space
  • Storm Doors
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Colonial Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1983

Lot Details

1.78 Acres

Listing Details

  • Interior Features: Masonry Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space, Patio, Paved Driveway, Storage Shed
  • Addl Covered Parking S Q F T: 864
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1840.00
  • ExteriorDoors: Insulated Storm
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 07 - Botetourt County
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 624
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Live Oak Woods
  • Total Above Grd Fin S Q F T: 1840
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1840.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Lot Info

  • Lot Description: Cleared, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.78
  • Lot: 1

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 1650.00

MLS Schools

  • Elementary School: Colonial
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Aug 9, 2019
Sold by
Bought by
Buyer's Agent
Julie Bays
RE/MAX LAKEFRONT REALTY INC
List Price
$274,000
Sold Price
$270,000
Premium/Discount to List
-$4,000
-1.46%
Current Estimated Value
$421,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,397
Avg. Annual Appreciation
6.54%
Original Mortgage
$265,109
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Blue Ridge, VA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $15,831
Open $298,738
Closed $63,745
Closed $265,109
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $270,000 -1.5% $147 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $274,000 -- $149 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,754 $393,400 $57,800 $335,600
2025 $2,754 $393,400 $57,800 $335,600
2024 $2,754 $393,400 $57,800 $335,600
2023 $1,981 $250,800 $46,300 $204,500
2022 $1,981 $250,800 $46,300 $204,500
2021 $1,981 $250,800 $46,300 $204,500
2020 $1,981 $250,800 $46,300 $204,500
2019 $1,650 $208,800 $46,300 $162,500
2018 $1,650 $208,800 $46,300 $162,500
2017 $1,650 $208,800 $46,300 $162,500
2016 $1,650 $208,800 $46,300 $162,500
2015 $1,500 $208,400 $46,300 $162,100
2014 $1,500 $208,400 $46,300 $162,100
2010 -- $208,400 $46,300 $162,100
Source: Public Records

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860291

Roanoke Valley Association of REALTORS®

APN: 102C(1)BK2-1

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