See Home Value
Floyd
188 Reed Lane
$231,859*
House - Off Market

188 Reed Lane

Willis, VA 24380
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1214 Sqft
$203,000 - $247,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Mar 20, 2023
$220,000
$176,000 by Freedom First Fcu
Mortgage Due Apr 01, 2053
Sold Aug 30, 2019
$123,000
$131,100 by Alcova Mortgage Llc
Mortgage

About This Property

Updated ranch home in Willis VA - 2 BD / 2 BTH with options for potential 3rd BDR if desired.   This home has a beautiful new kitchen, complete whole home generator propane generator system, new shingle roofing, electrical and more.  A full unfinished basement with garage makes for a great work area.  Outdoor building, carport and a variety of fruit trees on the nearly 2.5 acres.   Everything you need is on the main level, this home will work well with every buyer.  Less than 30 min drive to both Floyd VA, Hillsville VA, Christiansburg VA and the Blue Ridge Parkway.

The manager has listed the unit size as 1214 square feet.
Unit Size
1,214Ft²
Days on Market
-
Land Size
2.46 acres
Price per sqft
$185
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Mar 23, 2023 No longer available -
No longer available
Mar 20, 2023 Sold to Kimberly K Mcnally, Lee D Owen $220,000
Sold to Kimberly K Mcnally, Lee D Owen
Feb 7, 2023 In contract -
In contract
Dec 15, 2022 Price Decreased $225,000
↓ $4K (1.8%)
Price Decreased
Oct 29, 2022 Listed $229,000
Listed
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Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 107,158
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLIS

Ownership

  • Current Owner : OWEN LEE D
  • Current Owner 2: MCNALLY KIMBERLY K
  • Previous Owner : SYX FREDERICK T
  • Owner Before Previous Owner: THE ESTATE OF ILA MAE REED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Floyd County Public Schools
  • Census Tract: 920202

Geography

  • Assessors Map Reference: 6235A
  • Account Number: R007953
  • Parcel: 62-35A
  • Municipality: BURKS FORK
  • Latitude: 36.8663
  • Longitude: -80.4877

    Address

  • Full Address: 188 Reed Ln Nw
  • Address - House Number: 188
  • Street Segment Direction: NW
  • Address - Street Name: Reed
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Willis
  • Carrier Code: R072
  • 4-Digit Zip Code: 4306
  • Zip Code: 24380

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 82
  • Final Value: 213,386
  • High Value: 244,052
  • Low Value: 182,721

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: FREEDOM FIRST FCU
  • First Open Lien Mortgage Recording Date: Mar 20, 2023
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $124,400
  • Market Land Value: $22,600
  • Market Improvement Value: $101,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,400
  • Assessed Land Value: $22,600
  • Assessed Improvements Value: $101,800

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Transaction ID: 11904105463
  • Current Sale Price: $220,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 388
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 29, 2019
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM FIRST FCU
  • First Mortgage Transaction Date: Mar 20, 2023
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ALCOVA MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 30, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $131,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Floyd


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals


Frequently Asked Questions

When was property at 188 Reed Lane Northwest built and last sold?
The property at 188 Reed Lane Northwest was built in and last sold on Mar 15, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 188 Reed Lane Northwest is $220,595.
What are some comparable homes to 188 Reed Lane Northwest?
There are currently no comparable homes to 188 Reed Lane Northwest.

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