Investment Potential for 304 Mountain Lake Ave

The property has a current estimated value of $180,852, which is 1% above the zip median, based on public records. It last sold on February 24, 2023 for $120K. Projected long-term

is $30,000 annually ($2,500 per month) with a 86% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$120,000

Sold February 24, 2023

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$181K

($169K - $196K)

1% above zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 24134.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$30,000 per year($2,500 per month)

$****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

86%in 24134 zip code

View Rental Potential

Owners & Occupancy for 304 Mountain Lake Ave

This property is owned by Stephen Dewayne Collins. Owner contact information includes .

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$60,852

Purchased February 24, 2023

Number of Owners

1

Property Owners

Stephen Dewayne Collins, age **

Residence	**************
Landline
Distance from Property	**********

View All Owner Info

Property Ownership Information

Purchase Date	February 24, 2023
Property Tax Amount	$671 in 2023
Purchase Price	$120,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*********************** age 35
Resident 2	********* age 64

Property Details for 304 Mountain Lake Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$*****

View Equity

Property Age

83 years

30 years older than zip median

Property Details

Property Sq Ft

Living Area

2,014 sq ft

13% below market

Lot Size

25,510 sq ft

36% below market

Price Per Sq Ft

Living Area

$90 / sq ft

8% below market

Lot Size Area

$7 / sq ft

43% below market

Property Information

Property condition, age, exterior, etc. for 304 Mounta…

Land & Location Information

Longitude: -80.737925 Latitude: 37.326534 Parcel Number (APN): 40A-12-2…

Mortgage & Equity Information

Mortgage originated on through lender: Celco Cmnty Fcu for$******View Mortgage Details

Recommended Properties in 24134

Discover more single family homes near 304 Mountain Lake Ave in Pearisburg, Virginia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

High Demand Long-Term Rental
$84.2K - $94.3K
Est. Value
702 Mill Rd, Pearisburg, VA 24134
3 beds · 1 baths · 822 sq ft · Last Sold: $7,200 in 1992 · Built: 1940
Owned for 15 - 25 Years
$188K - $205K
Est. Value
219 Chestnut St, Pearisburg, VA 24134
3 beds · 2 baths · 1,768 sq ft · Last Sold: $173,000 in 2007 · Built: 1984
Large Lot Advantage
$174K - $194K
Est. Value
1506 Robinhood Dr, Pearisburg, VA 24134
4 beds · 2 baths · 2,054 sq ft · Last Sold: $116,000 in 2003 · Built: 1962
Owner Age 55 - 65
$179K - $196K
Est. Value
241 Virginia Heights Rd, Pearisburg, VA 24134
4 beds · 1 baths · 1,325 sq ft · Last Sold: $34,000 in 2009 · Built: 1955
Owner Age 35 - 45
$166K - $183K
Est. Value
601 Wildwood Dr, Pearisburg, VA 24134
3 beds · 2 baths · 1,404 sq ft · Last Sold: $95,000 in 2009 · Built: 1945
Owned for 10 - 15 Years
$229K - $249K
Est. Value
825 Curve Rd, Pearisburg, VA 24134
4 beds · 3 baths · 1,704 sq ft · Last Sold: $71,500 in 2012 · Built: 1998
Owned for 15 - 25 Years
$105K - $115K
Est. Value
602 Easton Rd, Pearisburg, VA 24134
3 beds · 1 baths · 804 sq ft · Last Sold: $76,500 in 2006 · Built: 1945
High Demand Long-Term Rental
$123K - $137K
Est. Value
412 Gale Rd, Pearisburg, VA 24134
3 beds · 1 baths · 1,144 sq ft · Last Sold: $115,000 in 2014 · Built: 1974
Owned for Less Than 5 Years
$146K - $159K
Est. Value
304 Mountain Dr, Pearisburg, VA 24134
3 beds · 1 baths · 2,024 sq ft · Last Sold: $185,000 in 2024 · Built: 1959
High Demand Long-Term Rental
$166K - $177K
Est. Value
202 Poplar Ln, Pearisburg, VA 24134
3 beds · 2 baths · 2,358 sq ft · Built: 1965
Good value per sqft
$92.7K - $106K
Est. Value
708 Curve Rd, Pearisburg, VA 24134
3 beds · 1 baths · 1,240 sq ft · Last Sold: $66,800 in 2008 · Built: 1946
Large Lot Advantage
$230K - $254K
Est. Value
717 Clifford St, Pearisburg, VA 24134
4 beds · 2 baths · 1,955 sq ft · Last Sold: $295,000 in 2024 · Built: 1975
High Demand Long-Term Rental
$86.1K - $92.4K
Est. Value
308 Montgomery St, Pearisburg, VA 24134
3 beds · 1 baths · 1,090 sq ft · Last Sold: $99,500 in 2020 · Built: 1945
Good value per sqft
$91.8K - $107K
Est. Value
216 Grand Ave, Pearisburg, VA 24134
3 beds · 1 baths · 1,216 sq ft · Last Sold: $34,650 in 2012 · Built: 1955
Owner Age Above 75
$122K - $133K
Est. Value
127 Hillcrest Dr, Pearisburg, VA 24134
3 beds · 1 baths · 912 sq ft · Built: 1961
Owned for 10 - 15 Years
$137K - $152K
Est. Value
409 Pearl St, Pearisburg, VA 24134
3 beds · 1 baths · 1,125 sq ft · Last Sold: $44,400 in 2013 · Built: 1972
Valued below Market Median
$77.9K - $86.7K
Est. Value
510 Giles St, Pearisburg, VA 24134
2 beds · 1 baths · 844 sq ft · Built: 1955
High Demand Long-Term Rental
$129K - $145K
Est. Value
300 Maple Ave, Pearisburg, VA 24134
3 beds · 1 baths · 1,808 sq ft · Last Sold: $50,000 in 1994 · Built: 1940
Large Lot Advantage
$170K - $194K
Est. Value
1001 Curve Rd, Pearisburg, VA 24134
3 beds · 2 baths · 2,209 sq ft · Last Sold: $160,000 in 2013 · Built: 1956
Large Lot Advantage
$87.4K - $97.5K
Est. Value
984 Pulaski Giles Tpke, Pearisburg, VA 24134
3 beds · 2 baths · 1,344 sq ft · Last Sold: $137,000 in 2005 · Built: 2005

Market Benchmarks

Compare data for 304 Mountain Lake Ave in Giles County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$180,852

$179,712

$1,140 (1%)

$532,064

-$351,212 (-66%)

$******

$********

$**** (****%)

$754,223

-$562,562 (-75%)

YoY Price Change

****%

2.29%

-96%

Year Built

1942

1972

-30 years

1989

-47 years

Living Space

2,014 sq ft

2,304 sq ft

-290 (-13%)

2,564 sq ft

-550 (-21%)

$ Per Living Sq Ft

$90

$98

-$8 (-8%)

$203

-$113 (-56%)

Lot Size

25,510 sq ft

40,075 sq ft

-14565 (-36%)

14,593 sq ft

10917 (75%)

$ Per Lot Sq Ft

$7

$12

-$5 (-43%)

$42

-$34 (-83%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$***** (****%)

$23,576

$404 (2%)

Annual Revenue

$30,000

$33,900

-$3,900 (-12%)

$36,000

-$6,000 (-17%)

$****

$******

$**** (****%)

$12,219

-$6,199 (-51%)

Net Operating Income

$*****

$*******

$***** (****%)

$23,576

$404 (2%)

Cap Rate

****%

—

4.43%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	4
Total Bathrooms	1
Year Built	1942
Building Sq Ft	2,014 sq ft
Lot Size	1 Acres
Living Space	2,014 sq ft
Ground Floor	1,252 sq ft
Basement	952 sq ft
Heating / Fuel	Heat Pump
Air Conditioning	Central A/C
Sewer	Public

APN	40A-12-2
Census Tract	9304003017
Municipality	Pearisburg
County	Giles
Subdivision	C R Smith Add
Zoning	BR2
Neighborhood	24134
Longitude / Latitude	-80.737925 / 37.326534
Lot Size	25,510 sq ft

Loan Amount	$******
Lender	Celco Cmnty Fcu
Origination Date	February 24, 2023
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	*****************
Equity	View Equity

304 Mountain Lake Ave Pearisburg, VA 24134

property value

$180,852

market valuation

$179,712

market valuation

$179,712

investment intelligence

Investment Potential for 304 Mountain Lake Ave

rental income

property appreciation

Last Sale Amount

$120,000

property value

$181K

($169K - $196K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 304 Mountain Lake Ave

Occupancy

Appreciation Since Purchased

$60,852

Number of Owners

1

Property Owners

Stephen Dewayne Collins, age **

Property Ownership Information

Occupancy

Property Details for 304 Mountain Lake Ave

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

83 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 24134

$84.2K - $94.3K

Est. Value

702 Mill Rd, Pearisburg, VA 24134

3 beds · 1 baths · 822 sq ft · Last Sold: $7,200 in 1992 · Built: 1940

$188K - $205K

Est. Value

219 Chestnut St, Pearisburg, VA 24134

3 beds · 2 baths · 1,768 sq ft · Last Sold: $173,000 in 2007 · Built: 1984

$174K - $194K

Est. Value

1506 Robinhood Dr, Pearisburg, VA 24134

4 beds · 2 baths · 2,054 sq ft · Last Sold: $116,000 in 2003 · Built: 1962

$179K - $196K

Est. Value

241 Virginia Heights Rd, Pearisburg, VA 24134

4 beds · 1 baths · 1,325 sq ft · Last Sold: $34,000 in 2009 · Built: 1955

$166K - $183K

Est. Value

601 Wildwood Dr, Pearisburg, VA 24134

3 beds · 2 baths · 1,404 sq ft · Last Sold: $95,000 in 2009 · Built: 1945

$229K - $249K

Est. Value

825 Curve Rd, Pearisburg, VA 24134

4 beds · 3 baths · 1,704 sq ft · Last Sold: $71,500 in 2012 · Built: 1998

$105K - $115K

Est. Value

602 Easton Rd, Pearisburg, VA 24134

3 beds · 1 baths · 804 sq ft · Last Sold: $76,500 in 2006 · Built: 1945

$123K - $137K

Est. Value

412 Gale Rd, Pearisburg, VA 24134

3 beds · 1 baths · 1,144 sq ft · Last Sold: $115,000 in 2014 · Built: 1974

$146K - $159K

Est. Value