NOT LISTED FOR SALE

744 Runaway Bay Rd Lynch Station, VA 24571

Estimated Value: $441,216 - $463,000

4 Beds
3 Baths
1,989 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $440,000 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,679/month

13 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Docks
  • Deck
  • Community Beach Access
  • Lake View
  • Secluded Lot

About This Home

As of May 2024

Waterfront home in Runaway Bay! Cape Cod home with wrap around porch and double decks overlooking Leesville Lake is ready for it's new owner. This 4 bedroom/3 bath home boasts new carpet and paint inside as well as a full unfinished basement ready to make your bunk room. Recent updates include paved drive/grading and newer HVAC. The memories made on the private dock could last generations!

Last Listed By

Kristen Massie

KELLER WILLIAMS REALTY LYNCHBURG License #0225254879 Listed on: 03/31/2024

KELLER WILLIAMS REALTY LYNCHBURG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 2000

Lot Details

  • 1.64 Acre Lot
  • 95 Feet of Waterfront
  • Secluded Lot

HOA Fees

  • $46 Monthly HOA Fees

Interior Spaces

  • 1,989 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Lake Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Rip-Rap
  • Docks
  • Deck
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 105 / 1

Community Details

Overview

  • Runaway Bay HOA
  • Runaway Bay Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 2000

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Ground
  • Type: Residential
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Covered Porch, Deck, Paved Driveway
  • Views: Lake
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1188.00
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3177
  • LaundryLaundryLowerLevel: 1
  • LengthOfWaterfront: 95.00
  • Major Area: 20 - Campbell County
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 4346609223
  • P O A Condo Contact Name: Runaway Bay HOA
  • POACondoDues: 547.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-04-13
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1989
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1989.00
  • TotalUnfin Sq Ft: 1188.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 1188.00
  • UpperAboveGrdFin Sq Ft: 801.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • Water Class: Waterfront Property
  • Water Htr Energy: Electric
  • WaterID: Leesville Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Secluded, Views
  • Lot Dimensions: 1.64
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.64
  • Lot: 105
  • Phase: 1

Green Features

  • Water Features: Cove, Riprap Shoreline

Building Info

  • Year Built: 2000

Tax Info

  • Taxes (6 mo): 1562.00
  • FILLTAXID: 96A-1-105

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
May 3, 2024
Sold by
Michael Joseph Grafton and Michael Caryn Tracy
Bought by
Hoffman Ruth Isabella
Seller's Agent
Kristen Massie
KELLER WILLIAMS REALTY LYNCHBURG
Buyer's Agent
Janet Hill
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
13
Views
68
Current Estimated Value
$449,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,304
Avg. Annual Appreciation
2.16%
Original Mortgage
$250,000
Outstanding Balance
$248,064
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$201,240

Purchase Details

Listed on
Mar 24, 2017
Closed on
Oct 30, 2017
Sold by
Hart William A and Hart Leslie A
Bought by
Grafton Michael Joseph and Grafton Caryn Tracy
Seller's Agent
Wendy Witt
WENDY WITT REALTY CO
Buyer's Agent
REG ANDERSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$180,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Hoffman Ruth Isabella $440,000 Pike Title
Grafton Michael Joseph $225,000 Virginia First Title & Stlmn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Ruth Isabella $250,000
Previous Owner Grafton Michael Joseph $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $440,000 -2.2% $221 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $450,000 +100.0% $226 / Sq Ft
11/17/2017 11/17/17 Sold $225,000 -10.0% $113 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $250,000 -- $126 / Sq Ft
Source: Roanoke Valley 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 $1,563 $347,300 $86,300 $261,000
2023 $1,563 $347,300 $86,300 $261,000
2022 $1,281 $246,300 $90,000 $156,300
2021 $1,281 $246,300 $90,000 $156,300
2020 $1,281 $246,300 $90,000 $156,300
2019 $1,281 $246,300 $90,000 $156,300
2018 $1,380 $265,400 $90,000 $175,400
2017 $1,380 $265,400 $90,000 $175,400
2016 $1,380 $265,400 $90,000 $175,400
2015 -- $265,400 $90,000 $175,400
2014 -- $284,000 $103,600 $180,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 906230

Roanoke Valley Association of REALTORS®

APN: 096A-01000-105-0