NOT LISTED FOR SALE

988 Cascade Trail Fancy Gap, VA 24328

Estimated Value: $198,000 - $564,000

3 Beds
3 Baths
2,114 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $350,000 $166 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,620/month

1 Day on Market

Highlights

  • Guest House
  • Waterfront
  • Near a National Forest
  • Fancy Gap Elementary School Rated A-
  • Mature Trees
  • Deck

About This Home

As of September 2022

Views + Blue Ridge Parkway location ! Custom Log Home, 3 bedroom, 3 bath cabin. Open to the main floor great room, adorned with a floor to ceiling rock fireplace, Warm Heart pine wide plank floors on both the first and second floors, wood blinds throughout. The well appointed kitchen complete w/breakfast bar, solid surface counter tops & stainless steel appliances. Main level primary bedroom with outside access to wrap around open deck, as well as a full bath. Upper level has a large bedroom, full bath and open area for office, sitting room, etc. Lower level has 3rd bedroom and 3rd full bath. A bathroom on each floor makes this well suited for family & friends for full time living or second home retreat! Full walk out lower level too. Walk out of the sitting room in the lower level onto the stone patio and enjoy the man-made 30' waterfall peacefully flowing down to a year round Koi pond. Perennials & outdoor lighting brings a relaxed, mountain setting to this secluded log home.

Last Agent to Sell the Property

Delores Boone

Virginia Mountain Realty License #0225224665 Listed on: 09/04/2022

Last Buyer's Agent

Julie Trent

Kyle Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1991

Lot Details

  • 1.01 Acre Lot
  • Waterfront
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Mature Trees
  • Wooded Lot
  • Water Garden

HOA Fees

  • $110 Monthly HOA Fees

Home Design

  • Cabin
  • Newly Painted Property
  • Permanent Foundation
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2,114 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Window Treatments
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Additional Homes

  • Guest House

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Propane
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Association fees include water, road maintenance, swimming pool, other-see remarks
  • Cascade Subdivision
  • Near a National Forest

Listing and Financial Details

  • Tax Lot 24A, 25A, B1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,706

Year Built

Built in 1991

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Lot Size: Refer to Deed
  • Subdivision Name: Cascade
  • Directions: FROM I-77 South, EXIT 8 FANCY GAP, TAKE A LEFT ONTO CHANCES CREEK RD. AT THE STOP SIGN, TURN RIGHT ONTO US 52 SOUTH. GO APPROXIMATELY 1/4 MILE. TAKE THE BLUE RIDGE PARKWAY NORTH FOR 0.5 MILES AND TURN RIGHT ON LIGHTNING RIDGE ROAD 608. GO APPROX 1.4 MILES AND THEN TURN RIGHT ONTO CASCADE TRAIL. HOME IS 1 MILE PAST THE GATE ON THE RIGHT. THIS IS A GATED COMMUNITY REQUIRING KEY CARD ENTRY.
  • Above Grade Finished Sq Ft: 1540
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1991
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Washer, Range/Oven, Dishwasher, Humidifier, Refrigerator, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Walk-Out Access, Interior Entry, Exterior Entry, Partial
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 732
  • Fireplace Features: Masonry, Stone, Two, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Newer Paint, Internet Availability Other/See Remarks
  • Living Area: 2114
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Insulated Windows, Some Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Bathroom 2 Area: 63.3333
  • Room Bedroom3 Area: 149.6042
  • Master Bedroom Master Bedroom Level: Main
  • Bathroom 3 Area: 39.1875
  • Room Office Area: 106.75
  • Room Bedroom2 Area: 129.8611
  • Room Bedroom3 Level: Lower
  • Master Bedroom Master Bedroom Width: 11.5833
  • Room Family Room Area: 100
  • Bathroom 2 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Family Room Level: Main
  • Bathroom 3 Level: Lower
  • Room Office Level: Lower
  • Room Kitchen Area: 88
  • Bathroom Level: Main
  • Room Master Bedroom Area: 166.9931

Exterior Features

  • Lot Features: Borders National Forest, Rolling/Sloping, Wooded, Secluded, Views
  • View: Other
  • View: Yes
  • Waterfront Features: Other
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Log, Dry Wall
  • Exterior Features: Water Garden, Mature Trees, Lighting
  • Foundation Details: Block, Permanent
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Deck, Patio, Porch Covered
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Other, Shared Well
  • Gas Company: Other-See Remarks

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Water, Road Maintenance, Swimming Pool, Other-See Remarks

Schools

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

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Zoning: RES
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1706.24
  • Tax Lot: 24A, 25A, B1
  • Tax Map Number: 129B-5-25A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Sep 26, 2022
Sold by
Christine Bowman Lauren
Bought by
Gaynor Edward V and Gaynor Susan E
Seller's Agent
Delores Boone
Virginia Mountain Realty
Buyer's Agent
Julie Trent
Kyle Realty, Inc.
List Price
$329,000
Sold Price
$350,000
Premium/Discount to List
$21,000
6.38%
Current Estimated Value
$453,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,306
Avg. Annual Appreciation
9.10%
Original Mortgage
$250,000
Outstanding Balance
$239,294
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$214,012

Purchase Details

Closed on
Nov 15, 2019
Sold by
Campbell John W and Campbell Linda L
Bought by
Bowman Lauren Christine and Bowman Norma S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Gaynor Edward V $350,000 Appalachian Title
Bowman Lauren Christine $262,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaynor Edward V $250,000
Previous Owner Bowman Lauren Christine $198,000
Previous Owner Bowman Lauren Christine $200,000
Previous Owner Campbell John W $20,360
Previous Owner Campbell John W $10,269
Previous Owner Campbell John W $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $350,000 +6.4% $166 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $329,000 -- $156 / 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 $1,396 $236,600 $35,000 $201,600
2023 $1,396 $236,600 $35,000 $201,600
2022 $1,514 $236,600 $35,000 $201,600
2021 $1,514 $236,600 $35,000 $201,600
2020 $1,341 $183,700 $35,000 $148,700
2019 $1,277 $183,700 $35,000 $148,700
2018 $1,277 $183,700 $35,000 $148,700
2017 $1,277 $183,700 $35,000 $148,700
2016 $1,314 $193,300 $35,000 $158,300
2015 -- $193,300 $35,000 $158,300
2014 -- $193,300 $35,000 $158,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 84062

APN: 129B-5-25A