Sold
Last Sold Price
553 Farmers Rd, Fincastle, VA 24090
Multi FamilyProperty Type
2.42 acresLot Size
1986Year Built
3 carsParking Spaces

Description

Two, two bedroom units, 1 1/2 bath, each with washer and dryer hook ups, separate meter boxes, entrance and parking. Storage area, 4 stall enclosed barn and pasture, gas heat and hot water all paid by tenant. Both units leased for 12 mo., expire April '09. Tax acreage recently changed to 2.415. On shared well.Two, two bedroom units, 1 1/2 bath, each with washer and dryer hook ups, separate meter boxes, entrance and parking. Storage area, 4 stall enclosed barn and pasture, gas heat and hot water all paid by tenant. Both units leased for 12 mo., expire April '09. Tax acreage recently changed to 2.415. On shared well.
  • Listed by: SUSAN LAZARUS BAILEY • MKB, REALTORS®
Listing closed: 11/18/2008 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 737990

Recent comparable sales

Median sold price

$249,950

Avg days on market

26

Sale-to-list ratio

98.2%

Fincastle, VA

9 comparable properties found

$145,000 | Lot 16 Brughs Lane, Fincastle, VA 24090
1/8
1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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$249,950 | 112 North Hancock Street, Fincastle, VA 24090
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Sold 05/20/25

Unavailable
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Unavailable
Bathrooms
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a front view of a house with a garden
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Sold 10/06/25

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a aerial view of a house with a yard
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Sold 11/25/25

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Location

Listing Courtesy of MKB, REALTORS®, SUSAN LAZARUS BAILEY

Sold By RE/MAX ALL POINTS, MACK GARMON

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Payment Calculator

$1,221 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,096

Property Taxes

$126

HOA Dues

$0

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Property Information for 553 Farmers Road

Property Details
  • Taxes: $1,509 / year
  • MLS Type: MultiFamily
  • Subdivision Name: Mill Creek
  • Covered Spaces: 16800.0
  • Parking Total: 3.0
Building Information
  • Residences: 2
  • Year Built: 1986
  • Lot Size: 2.42 AC / 105,415 SF
Summary
Location and General Information
  • Directions: Exit 156 from I 81, left on Brugh's Mill Rd, right on Farmers Road to property on left.
  • MLS Area Major: 0700 - Botetourt County
  • City: Fincastle
  • State Or Province: VA
  • Postal Code: 24090
  • County Or Parish: Botetourt County
  • MLS Area Minor: 0700 - Botetourt County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 74-76A
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $1,509
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $1,509
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Condo Dues: $0
  • Misc Features - Maint - Free Exterior: Yes
School Information
  • Elementary School: Breckinridge
  • Middle Or Junior School: Central Academy
  • High School: James River
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 2.42
  • Lot Size Area: 2.42
  • Lot Size Units: Acres
  • Lot Size Square Feet: 105415.2
  • General Property Description - Total Acreage: 2.42
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1986
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: Private Septic
  • Water Description - Shared Well: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Vinyl Siding
  • Misc Features - Horses Permitted: Yes
Interior Features
  • Cooling: Central Air
  • Heating: Gas Propane
  • Interior Features: Wood Stove, Walk-In Closet(s)
  • Basement: Crawl Space
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: No
  • Interior Features - Walk - in - Closet: Yes
  • Interior Features - Wood Stove: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 2
Income & Expenses
  • Gross Scheduled Income: $16,500
  • Operating Expense: $300
  • General Property Description - Gross Income: $16,500
  • Gross Income: $16,500
  • Net Operating Income: $16,800
Unit 1
  • Unit Number: Type 1
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • Stories: 1
  • SqFt: 1150
  • Parking: Dishwasher
  • Rent: Disposer
  • Bathroom: Refrigerator
  • Remarks: Range Electric
Unit 2
  • Unit Number: Type 2
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • Stories: 1
  • SqFt: 1150
  • Parking: Dishwasher
  • Rent: Disposer
  • Bathroom: Refrigerator
  • Remarks: Range Electric
Rental
Rental Information
  • Lease Term: Renewable Option, One Year
  • Misc Features - Pet Allowed: Yes
  • Tenant Expenses - All Utilities: Yes
  • Tenant Expenses - Electricity: Yes
  • Tenant Expenses - Gas: Yes

Property History for 553 Farmers Road

DateEvent & SourcePriceAppreciation
Nov 18, 2008

Sold

Roanoke Valley Association of REALTORS #737990

$212,000
Nov 7, 2008

Pending

Roanoke Valley Association of REALTORS #737990

Oct 15, 2008

Listed (Active)

Roanoke Valley Association of REALTORS #737990

$225,000
DateEvent & SourcePrice
11/18/2008

Sold

Roanoke Valley Association of REALTORS #737990

$212,000
11/07/2008

Pending

Roanoke Valley Association of REALTORS #737990

10/15/2008

Listed (Active)

Roanoke Valley Association of REALTORS #737990

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 553 Farmers Road

Taxable ValueLand$62,700Additions$218,300Total$281,000
Tax Record2025$1,967 ($164 / month)
Home Facts
Baths3Total Finished SqFt2,320 SqFtAbove Grade Finished SqFt2,320 SqFtStories2Lot Size105,197 SqFtStyleDuplexYear Built1986Year Renovated1986ZoningA1CountyBOTETOURTAPN74-76A

Schools near 553 Farmers Road

This home is within Botetourt County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Breckinridge Elementary School
PublicPK to 5

Central Academy Middle
Public6 to 8

James River High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 553 Farmers Road, Fincastle, VA 24090
$212,000
4
105,415
3
1.5
2,702
417,000
4
3
2,364
128,807
$70,000
3
2.5
2,323
349,003
$181,500
3
2,060
102,801
4
4.5
5,652
2,048,104

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MKB, REALTORS®, SUSAN LAZARUS BAILEY

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.