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1020 Bishop Road

1020 Bishop Road, Blacksburg, VA 24060
Property in Northend
Sold Jul 27, 2021
$814,754
$500,000 by First Bank And Trust Company
Mortgage Due Aug 01, 2041
1020 Bishop Road in Blacksburg, VA was first built in 2021 and is 3 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 1020 Bishop Road has 4,023 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 39,378 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1020 Bishop Road was last sold in Jul 27, 2021 for $814,754. According to our calculations, that's $202.52 per sqft. Current property owners are expected to pay $5,439 in taxes per year. The property on 1020 Bishop Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $777,000. To break that down further, the land itself was valued at $58,000. While improvements to the property were assessed at a total of $719,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,049
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,378
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,023
  • Building Area: 4,023
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 4,023
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAT OF SUB OF GENEVIEVE
  • Land Acres: 0.904
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: GENEVIEVE LOT 7

Ownership

  • Current Owner : LOWE GREGORY BRIAN
  • Current Owner 2: LOWE KATE WILDASIN
  • Previous Owner : PROGRESS STREET BUILDERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 020500

Geography

  • Account Number: 260028
  • District: BM
  • Parcel: 137-T 12 7
  • Lot: 7
  • Municipality: BLACKSBURG / MOUNT TABOR
  • Latitude: 37.2673
  • Longitude: -80.4042

    Address

  • Full Address: 1020 Bishop Rd
  • Address - House Number: 1020
  • Address - Street Name: Bishop
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Blacksburg
  • Carrier Code: R007
  • 4-Digit Zip Code: 1228
  • Zip Code: 24060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,439

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 76
  • Final Value: 858,273
  • High Value: 1,011,732
  • Low Value: 704,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041

    Market Valuation

  • Market Total Value: $777,000
  • Market Land Value: $58,000
  • Market Improvement Value: $719,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777,000
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $719,000

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11846555661
  • Current Sale Price: $814,754
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7979

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2041

About Northend



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Frequently Asked Questions

What neighborhood is 1020 Bishop Road located in?
The 1020 Bishop Road is a located in the neighborhood of Northend in Northend, Blacksburg.
What is the average sales price for listings in 1020 Bishop Road?
The average sales price for units in 1020 Bishop Road is $0 currently.

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