One of Blacksburg's most desirable locations. This historical (Circa 1930) home is located on a . 69 acre corner lot right beside the Blacksburg Town Library. Only a . 7 mile walk (. 8 mile drive) to Lane Stadium, a short . 3 mile walk to The Blacksburg Farmer's Market, and coming soon- literally in sight of the new "Blacksburg Provisions and The Library Cafe'" (late Summer 2026). Over 3600 finished sqft on 3 levels plus an unfinished basement. Classic design entry foyer with great light. Expansive (38x9) covered front porch. The main floor features a modern style kitchen with walk in pantry. High ceilings, large DR and LR, full bath, and another small room that connects to the LR offering the possibility to convert those spaces into a 1st floor Primary Suite. The 2nd floor has a total of 5 bedrooms & another full bath. The third level is an open studio space with a 3rd full bath. Original hardwood on main and second floors. Standing Seam Copper roof & gutters. NO SHOWINGS BEFORE 5/18/26.
Single-familyProperty Type
1930Year Built
0.69 acresLot Size
$266Price/Sq.Ft.
Listed by Steve Bodtke• Coldwell Banker Townside Bburg
Est. $3,282 per month, based on comparable rentals
Sale and tax history for 500 Draper Rd SW
Sale History
Tax History
Date
Event
Price
NRVMLS #427328
Jul 2, 2026
Sold
$950,000
$266/sq ft
Jun 11, 2026
Pending
—
May 14, 2026
Listed
$975,000
$273/sq ft
Public Records
Aug 23, 2012
Sold
$550,000
$154/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,387 (+6.6%)
$224,500 + $440,600
$665,100
2025
$5,055 (+1.3%)
$224,500 + $440,600
$665,100
2024
$4,988 (+7.1%)
$224,500 + $440,600
$665,100
2023
$4,656 (−13.5%)
$224,500 + $440,600
$665,100
2022
$5,385
$177,700 + $427,300
$605,000
2021
$5,385
$177,700 + $427,300
$605,000
2020
$5,385
$177,700 + $427,300
$605,000
2019
$5,385 (+6.4%)
$177,700 + $427,300
$605,000
2018
$5,061
2017
$5,061 (+3.7%)
2014
$4,880
$168,400 + $380,000
$548,400
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.69 Acres
Year renovated
1995
Sq. Ft.
2,868
Year built
1930
Style
Single Family Residential
County
Montgomery County
APN
006020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
R-4
FP
Low Density Residential
The R-4 Low Density Residential District is provided in recognition of sections of the Town with low density residential development and land which appears appropriate for such development. Among these sections is land where the established use, character or density of development would be best protected by these regulations. The low density residential district is intended to define and protect residential areas of low density from the intrusion of uses not performing a function appropriate to the residential environment. Attractiveness, order and efficiency is encouraged by the requirement of adequate space for individual homes with adequate light, air and space, and maintaining an appropriate density of residential development. This district is intended to add to the physical variety of the overall residential area while promoting balance and stability.
Zone overlays
Floodplain
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Infrastructure
Recreation
Park & open space
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Heating
Heating: Heat Pump, Hot Water
Interior Features
Interior Features: Pantry
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring: Ceramic Tile, Hardwood
Room Information
# of Rooms Total: 11
Has Basement
Basement Details: Concrete, Full
Exterior
Exterior Features
Exterior Features: Garden
Patio And Porch Features: Porch
Building Information
Above Grade Finished Area: 3,568
Construction Materials: Brick
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Detached
Lot Information
Lot Features: Corner Lot
Lot Size : 30187.08
Lot Size Acres: 0.693
Financial
Tax Information
Tax Annual Amount: $6,784.02
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
School District: Montgomery County
Elementary School: Margaret Beeks
Middle Or Junior School: Blacksburg
High School: Blacksburg
Location Information
Directions: Main Street to Miller St. Corner of Miller and Draper. Note- .7 mile walk and only .8 mile drive to Lane Stadium!
Subdivision Name: Miller Addition
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,868
Stories: 2.0
Lot Size: 0.69 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1995
County: Montgomery County
APN: 006020
Home facts updated by county records on Jul 31, 2026
Around this home
Schools
Margaret Beeks Elementary School
Public PreK-5 • Assigned • 0.8mi
9/10
Blacksburg Middle School
Public 6-8 • Assigned • 2.8mi
8/10
Blacksburg High School
Public 9-12 • Assigned • 2.8mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
6 days above 95° expected this year, 16 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Blacksburg, VA • 24060
Average low and high temperatures (°F)
39
22
46
28
63
37
71
46
72
52
82
61
85
67
79
62
76
57
67
45
57
38
44
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$959,000 – $1.16M
Sell confidently with a local market expert in Blacksburg.