Excellent investment opportunity with positive cash flow in the heart of Blacksburg that is fully rented for $2300/month thru July 17, 2024 and located just minutes to VT, 460 Bypass with a BT Bus stop at the street!! A four bedroom, two full bath condo that is in great condition with vinyl plank flooring throughout and a nice balcony overlooking Progress Street with its own washer and dryer. Purchase for your upcoming VT student for 2024 and rent the other 3 bedrooms to pay for it or great investment opportunity on its own! Call for a private showing today!
Sold for $275,000
$275,000
1203 University Ter APT K, Blacksburg, VA 24060
4beds
935sqft
Condominium
Built in 1987
-- sqft lot
$282,500 Zestimate®
$294/sqft
$2,038 Estimated rent
Home value
$282,500
$268,000 - $297,000
$2,038/mo
Zestimate® history
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$3,870/mo
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$3,870/mo
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List your homeWhat's special
Nice balconyVinyl plank flooring throughout
Zillow last checked:
Listing updated:
Listed by:
Darin Greear 540-320-5859,
Long & Foster - Blacksburg
Bought with:
Olivia Anton
Coldwell Banker Townside Bburg
Source: New River Valley AOR,MLS#: 418974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer/Electric, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: Main Level
Features
- Storage, Other - See Remarks, Master Downstairs
- Flooring: Other - See Remarks
- Basement: None
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 935
- Total interior livable area: 935 sqft
- Finished area above ground: 935
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck: Rear Balcony
- Exterior features: Balcony, Sidewalks
Details
- Parcel number: 027954
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- Very Good
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Near Pub Transport
- Subdivision: University Terrace
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Common Area Maint, Maintenance Structure, Trash, Snow Removal
- HOA fee: $2,220 annually
Location
- Region: Blacksburg
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $212,000
- Annual tax amount: $2,035
- Date on market: 8/23/2023
- Cumulative days on market: 6 days
- Total actual rent: 2300
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2023 | Sold | $275,000+5.8%$294/sqft |
Source:  New River Valley AOR #418974 Report a problem | ||
| 8/29/2023 | Pending sale | $259,900$278/sqft |
Source: New River Valley AOR #418974 Report a problem | ||
| 8/23/2023 | Listed for sale | $259,900$278/sqft |
Source: New River Valley AOR #418974 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,611 +1.3% | $212,000 |
| 2024 | $1,590 +7.1% | $212,000 |
| 2023 | $1,484 +2.9% | $212,000 +30.9% |
| 2022 | $1,442 | $162,000 |
| 2021 | $1,442 | $162,000 |
| 2020 | $1,442 +9898.6% | $162,000 |
| 2019 | $14 -98.6% | $162,000 +37.3% |
| 2018 | $1,050 | $118,000 |
| 2017 | $1,050 | $118,000 |
| 2016 | $1,050 | $118,000 |
| 2015 | $1,050 -7.5% | $118,000 -7.5% |
| 2014 | $1,136 -99% | $127,600 |
| 2013 | $113,564 +10129.9% | $127,600 |
| 2012 | $1,110 +16% | $127,600 |
| 2011 | $957 +11.9% | $127,600 |
| 2010 | $855 +4.2% | -- |
| 2009 | $821 | -- |
| 2008 | $821 +12.7% | -- |
| 2007 | $728 +40.8% | -- |
| 2006 | $517 +10.4% | -- |
| 2005 | $468 | -- |
| 2004 | $468 +4.7% | -- |
| 2003 | $447 -0.2% | -- |
| 2002 | $448 +9.4% | -- |
| 2001 | $410 | -- |
Find assessor info on the county website
Neighborhood: Kabrich Crescent
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Gilbert Linkous Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Blacksburg Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Blacksburg High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Gilbert Linkous
- Middle: Blacksburg
- High: Blacksburg
- District: Montgomery County
Source: New River Valley AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$282,500
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$288,150
- Virginia
- Montgomery County
- Blacksburg
- 24060
- Kabrich Crescent
- 1203 University Ter Apartment K
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