NOT LISTED FOR SALE

1117 Lake Ave Fairmont, WV 26554

Estimated Value: $159,000 - $176,806

3 Beds
1 Bath
913 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $148,000 $162 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $976/month

Highlights

  • Health Club
  • Medical Services
  • Deck
  • Jayenne Elementary School Rated A-
  • Above Ground Pool
  • No HOA

About This Home

As of March 2023

$847.00 per month with ZERO down payment is all that you need to purchase this cute two or three bedroom cottage on a flat lot. Regardless of your age this property is an excellent fit for one or two persons. Relax on the covered front porch or covered back porch. The kids will enjoy playing in the sun on the rear deck and jumping in the pool. Enjoy your home grown produce from your small garden within the fenced back yard. This is the perfect starter home or retirement home. Call today for your personal inspection in the much desired Barry Addition section of Fairmont.

Last Agent to Sell the Property

Terry Brake

SPRINGSTON REAL ESTATE License #WV0012030 Listed on: 02/17/2023

Last Buyer's Agent

Victoria Cather

OLD COLONY, REALTORS License #WV0012290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x120
  • Chain Link Fence
  • Level Lot
  • Property is zoned Neighborhood Residential

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Neighborhood Views

Kitchen

  • Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed
  • Porch

Schools

  • Jayenne Elementary School
  • West Fairmont Middle School
  • Fairmont Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0046

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Public Transportation

Recreation

  • Health Club
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 1948

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1117 Lake Avenue
  • Second Address Number: 1117
  • Directions: I-79 Exit 136. Left onto Gateway Connector to the bottom of the hill. Left onto Merchant/3rd St to the light at Fairmont Ave. Left onto Fairmont Ave. Right at the 4th light onto Country Club. Go .8 miles, turn left onto Barry St. and then left onto Lake.
  • Geo Address Line: 1117 Lake Ave
  • Geo Longitude: -80.1697570846557
  • Geo Primary City: Fairmont
  • Geo Quality: 1
  • Geo Subdivision: WV
  • Geo Zoom Level: 18
  • Handicap Modified: No
  • List Type: Exclusive Right to Sell
  • Lot Dimension: 50 x120
  • Number Of Stories: 1
  • Price per Sq Ft: 162.1
  • Private School: FMT. CATH.
  • Selling Agent1: 158
  • Selling Office1: 52
  • OFFICELIST_STATE: WV
  • Street Designation: Avenue
  • Building Style: Ranch
  • TaxAmountDollars: 857.98
  • Bdrm2Features: Ceiling Fan(s), Wall-to-Wall Carpet
  • Bdrm3Features: Ceiling Fan(s), Tile Floor, Wall-to-Wall Carpet
  • FinishedSqFtAboveGrade: 913
  • Kitchen Level: 1
  • Living Rm Level: 1
  • Master Bdrm Level: 1
  • TotalFinLivingArea: 913
  • UnfinishedSqFtBelowGr: 589
  • Year Built: 1948
  • PrimaryBdrmFeatures: Ceiling Fan(s), Wall-to-Wall Carpet
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Has Attic: None
  • Has Basement: Partial, Interior Access, Concrete Floor, Exterior Access
  • Kitchen Equipment: Cable Ready, Hot Water Heater Gas
  • Flooring: Wall-to-Wall Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Washer Connection, Electric Dryer Connection, Single Level Living
  • Legal Description: BLK 1 LT 3, Barry Addition
  • Lot Sq Ft: 6000
  • Basement Type: Detached
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Fireplace: None
  • Kitchen Features: Ceiling Fan(s), Laminate Flooring
  • LivingRmFeatures: Ceiling Fan(s), Wall-to-Wall Carpet
  • Number Of Bedrooms Above Grade: 2
  • Number of Rooms: 5
  • Total Bathrooms: 1
  • Other Room 1: Bathroom
  • Other Rooms: Office/Computer Room

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Deck, Aboveground Pool, Storage Shed/Outbuilding
  • Fence: Chain Link
  • Foundation: Block
  • Roof: Metal
  • View: Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: 2 Cars, Off Street Parking

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electricity: Circuit Breakers, 200 Amps
  • Heating: Forced Air, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Park, Playground, Pool, Shopping/Mall, Health Club, Medical Facility, Public Transportation
  • Property Description: Level
  • HOA: No

Fee Information

  • Tax Class: Single Family Detached

Schools

  • Elementary School: Jayenne Elementary
  • Middle School: West Fairmont Middle
  • High School: Fairmont Sr. High
  • School District: Fairmont City
  • Elementary School: Jayenne Elementary
  • High School: Fairmont Sr. High
  • Middle School: West Fairmont Middle

Lot Info

  • Geo Update Timestamp: 2023-02-20
  • Deed Page: 416
  • Parcel #: 0046
  • Zoning: Neighborhood Residential

Rental Info

  • Minimum Deposit: $7,000.00

Tax Info

  • Tax Year: 2022

Multi Family

  • Unit Number of Bedrooms: 3

MLS Schools

  • School County: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 14, 2023
Sold by
Casteel Diane M and Casteel Ronald D
Bought by
Smith Philip D
Seller's Agent
Terry Brake
SPRINGSTON REAL ESTATE
Buyer's Agent
Victoria Cather
OLD COLONY, REALTORS
List Price
$144,500
Sold Price
$148,000
Premium/Discount to List
$3,500
2.42%
Views
185
Current Estimated Value
$167,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,702
Avg. Annual Appreciation
5.04%
Original Mortgage
$143,560
Outstanding Balance
$139,205
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$28,497

Purchase Details

Closed on
Aug 24, 2021
Sold by
Casteel Diane M and Casteel Ronald D
Bought by
Casteel Diane M and Casteel Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Smith Philip D -- --
Casteel Diane M -- First Title And Escrow Inc
Casteel Diane M -- First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Philip D $143,560
Previous Owner Casteel Diane M $80,000
Closed Smith Philip D $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $148,000 +2.4% $162 / Sq Ft
02/20/2023 02/20/23 For Sale $144,500 -- $158 / Sq Ft
Source: North Central West Virginia REIN

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
2024 $1,049 $67,980 $16,740 $51,240
2023 $1,006 $59,520 $16,740 $42,780
2022 $858 $57,660 $16,740 $40,920
2021 $801 $54,420 $16,200 $38,220
2020 $777 $52,560 $16,200 $36,360
2019 $779 $51,900 $17,580 $34,320
2018 $816 $54,720 $21,900 $32,820
2017 $689 $46,620 $19,020 $27,600
2016 $674 $45,720 $19,020 $26,700
2015 $679 $46,080 $20,520 $25,560
2014 $679 $45,720 $20,520 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central West Virginia REIN

MLS Number: 10147741

North Central West Virginia REIN

APN: 03-9-00460000