NOT LISTED FOR SALE

110 1st Ave Richlands, VA 24641

Estimated Value: $120,000 - $134,000

3 Beds
1 Bath
1,558 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $20,000 $13 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $764/month

203 Days on Market

Highlights

  • Cottage
  • Porch
  • Living Room
  • Formal Dining Room
  • Double Pane Windows
  • Outdoor Storage

About This Home

As of July 2014

Cozy cottage built in 1949 that has been the home to only one family. Large living rm, dining, bath & bedroom on main level. 2 bedrooms on the upper level with lots of closet space. A super size storage building with a full bath that has served in the past as a recreation room but could easily be converted into a guest house. Nice level fenced lawn. Property needs some TLC but has great potential.

Last Agent to Sell the Property

Ramona Simmons

FORTUNE REALTY, INC. License #0225058750 Listed on: 11/12/2013

Last Buyer's Agent

Out Of Area Sales

OUT OF AREA SALES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Cottage
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • 1.5-Story Property
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Storm Doors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • City Lot

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number RICH/105A40203/00170019

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 0.30
  • Subdivision Name: None
  • Directions: From intersection HWY 19/460 @ Claypool Hill take US460W towards Richlands. Turn right onto Lake Park Dr. Take the 3rd right onto 1st Ave. 110 1st Ave is on the left.
  • Above Grade Finished Sq Ft: 1558
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1949
  • Kitchen Level: Lower
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Washer, Dryer, Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1558
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Upper
  • Dining Room Features: Formal Dining Room
  • Living Room Living Room Level: Lower
  • Room Bedroom3 Area: 150.5833
  • Master Bedroom Master Bedroom Level: Lower
  • Room Bedroom2 Area: 96.25
  • Room Living Room Area: 263.0833
  • Room Bedroom3 Level: Upper
  • Room Kitchen Area: 131.6111
  • Dining Room Dining Room Level: Lower
  • Master Bedroom Master Bedroom Width: 11.1667
  • Room Master Bedroom Area: 124.6944
  • Room Dining Room Area: 118.8333

Exterior Features

  • Fencing: Fenced, Chain Link, None
  • Lot Features: City Lot
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Aluminum Siding
  • Foundation Details: Block
  • Other Structures: Storage
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel

Utilities

  • Laundry Features: W/D Hookup, Lower Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Cable Available
  • Water Source: Public

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 13068
  • Farm Land Area Units: Square Feet
  • Parcel #: RICH/105A40203/00170019
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Tuggle Mark
Bought by
Gillespie Laura K
Current Estimated Value
$131,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 12, 2013
Closed on
Jul 3, 2014
Sold by
Cunningham Brenda Kay and Boyd Linda Faye
Bought by
Tuggle Mark
Seller's Agent
Ramona Simmons
FORTUNE REALTY, INC.
Buyer's Agent
Out Of Area Sales
OUT OF AREA SALES
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Source: Public Records

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
Gillespie Laura K $95,000 None Available
Tuggle Mark $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Laura K $113,756
Closed Gillespie Laura K $97,600
Closed Gillespie Laura K $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $20,000 0.0% $13 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $20,000 -- $13 / Sq Ft
Source: Mercer-Tazewell County Board 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
2023 $540 $93,100 $12,000 $81,100
2022 $540 $93,100 $12,000 $81,100
2021 $540 $93,100 $12,000 $81,100
2020 $540 $93,100 $12,000 $81,100
2019 $540 $93,100 $12,000 $81,100
2018 $379 $93,100 $12,000 $81,100
2017 $379 $68,900 $9,000 $59,900
2016 $379 $68,900 $9,000 $59,900
2015 -- $68,900 $9,000 $59,900
2014 -- $68,900 $9,000 $59,900
2013 -- $68,900 $9,000 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mercer-Tazewell County Board of REALTORS®

MLS Number: 40120

APN: 105A402030017-0019