NOT LISTED FOR SALE

901 Rakestown Rd Ivanhoe, VA 24350

Estimated Value: $141,000 - $161,000

3 Beds
1 Bath
952 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $86,250 $91 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $846/month

21 Days on Market

Highlights

  • 4.76 Acre Lot
  • Wood Burning Stove
  • No HOA
  • Mature Trees
  • Farm
  • Covered Patio or Porch

About This Home

As of August 2020

This property would make a great primary home but would also make a great weekend cabin. House sets on nearly 5 acres that is perfect for horses. The home has several upgrades but still needs a few things done. Property is located around a mile from the New River and New River Trail. This property is also located 2.5 miles from the Virginia Highlands Horse Trail. Possible that other financing options with minimal improvements

Last Agent to Sell the Property

Barry Catron

Coldwell Banker Select Real Estate License #0225027942 Listed on: 07/20/2020

Coldwell Banker Select Real Estate

Last Buyer's Agent

Judy Short

Weichert Realtors-Short Way Real Estate License #0225045099

Weichert Realtors-Short Way Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $374

Year Built

  • Built in 1945

Lot Details

  • 4.76 Acre Lot
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Mature Trees

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Window Treatments
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Carpet
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Hillsville Elementary School
  • Hillsville Intermediate
  • Carroll County High School

Farming

  • Farm

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$374

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.758
  • Lot Size: 0
  • Directions: From Interstate 77/Interstate 81 go south at Exit 80 onto Fort Chiswell Rd. Turn right onto Ivanhoe Rd. 7.5 miles turn right onto Route 744. Turn left onto Route 742. Turn right onto 601
  • Above Grade Finished Sq Ft: 952
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1945
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 952
  • Window Features: Wood Frames, Some Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Farm, Rolling/Sloping, Other
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Sprinkler System, Mature Trees
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air, None
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hillsville
  • High School: Carroll County
  • Middle Or Junior School: Hillsville Intermediate

Lot Info

  • Lot Size Sq Ft: 207258.48
  • Zoning: None
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 373.56
  • Tax Lot: 0
  • Tax Map Number: 29-A-125
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Short Glenward Jason
Bought by
Hennigan Maureen Ellen
Current Estimated Value
$150,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,111
Outstanding Balance
$96,907
Interest Rate
1.62%
Mortgage Type
New Conventional
Estimated Equity
$56,732

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 11, 2020
Sold by
Fiorini Amber and Mcroberts Jamie Marlon
Bought by
Short Glenward Jason
Seller's Agent
Barry Catron
Coldwell Banker Select Real Estate
Buyer's Agent
Judy Short
Weichert Realtors-Short Way Real Estate
List Price
$110,000
Sold Price
$86,250
Premium/Discount to List
-$23,750
-21.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Stephenson William A and Stephenson Sandra Owens
Bought by
Mcroberts Jamie Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2008
Sold by
Haun B Denise and Dalton Clifton
Bought by
Stephenson William A and Stephenson Sandra Owens
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hennigan Maureen Ellen $110,000 Accommodation
Short Glenward Jason $86,250 None Available
Mcroberts Jamie Marlon $75,000 New Century Title & Settleme
Stephenson William A -- New Century Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennigan Maureen Ellen $111,111
Previous Owner Mcroberts Jamie Marlon $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $86,250 -21.6% $91 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $110,000 -- $116 / Sq Ft
Source: Southwest Virginia 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
2024 $379 $64,200 $21,300 $42,900
2023 $379 $64,200 $21,300 $42,900
2022 $411 $64,200 $21,300 $42,900
2021 $411 $64,200 $21,300 $42,900
2020 $413 $56,600 $18,000 $38,600
2019 $393 $56,600 $18,000 $38,600
2018 $393 $56,600 $18,000 $38,600
2017 $393 $56,600 $18,000 $38,600
2016 $309 $45,500 $13,000 $32,500
2015 -- $45,500 $13,000 $32,500
2014 -- $45,500 $13,000 $32,500
Source: Public Records

Agents Affiliated with this Home

  • Barry Catron

    Seller's Agent in 2020

    Barry Catron

    Coldwell Banker Select Real Estate

    (276) 620-2030

    1 in this area

    100 Total Sales

    Barry Catron
    Section Image
  • Judy Short

    Buyer's Agent in 2020

    Judy Short

    Weichert Realtors-Short Way Real Estate

    (276) 223-4018

    8 in this area

    329 Total Sales

    Judy Short
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 74847

APN: 29-A-125

Virginia Carroll County Ivanhoe 24350

901 Rakestown Rd, Ivanhoe, VA

This home is located at 901 Rakestown Rd, Ivanhoe, VA 24350 since 20 July 2020 and is currently estimated at $150,448, approximately $158 per square foot. This property was built in 1945. 901 Rakestown Rd is a home located in Carroll County with nearby schools including Gladeville Elementary School, Carroll County Middle School, and Carroll County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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