NOT LISTED FOR SALE

116 Acre Ln Cedar Bluff, VA 24609

Estimated Value: $190,000 - $238,000

3 Beds
2 Baths
1,404 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $125,000 $89 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,195/month

71 Days on Market

Highlights

  • Deck
  • Porch
  • Cooling Available
  • Ranch Style House
  • 2 Car Attached Garage
  • Living Room

About This Home

As of July 2012

Great location and close to the Russell/Tazewell county line. One level living. This home has a great view of the mountains. Located in a small subdivision but still has some privacy.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.75 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,404 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 0.75+/- acre
  • Subdivision Name: None
  • Directions: From Claypool Hill stay on Rt. 19 toward Lebanon. After passing SW Community College turn right onto Rt. 770, then first left onto Rt. 909, then right onto Acre Lane, at fork go right. Second house.
  • Above Grade Finished Sq Ft: 1404
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1993
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Range, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Room Bedroom2 Level: Main
  • Dining Room Features: Kitchen Combination
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 117.1806
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 135.0556
  • Room Living Room Area: 318.5
  • Room Kitchen Area: 107.25
  • Dining Room Dining Room Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Room Master Bedroom Area: 150
  • Room Dining Room Area: 137.0417

Exterior Features

  • Fencing: None
  • Topography: Level,Sloping
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Deck/Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: W/D Hookup
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Propane, Cable Available
  • Water Source: Public

Schools

  • Elementary School: Other
  • High School: Lebanon
  • Middle Or Junior School: Lebanon

Lot Info

  • Lot Size Sq Ft: 32670
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jul 9, 2012
Sold by
Elswick Billy Wayne
Bought by
King Franklin and King Jeanette
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$213,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,186
Avg. Annual Appreciation
4.03%
Original Mortgage
$70,000
Outstanding Balance
$48,571
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$164,615
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
King Franklin $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Franklin $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2012 07/09/12 Sold $125,000 0.0% $89 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $125,000 -- $89 / 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
2025 $975 $168,400 $21,000 $147,400
2024 $777 $123,300 $21,000 $102,300
2023 $777 $123,300 $21,000 $102,300
2022 $777 $123,300 $21,000 $102,300
2021 $777 $123,300 $21,000 $102,300
2020 $777 $123,300 $21,000 $102,300
2019 $777 $123,300 $21,000 $102,300
2018 $727 $115,400 $21,000 $94,400
2017 $727 $115,400 $21,000 $94,400
2016 $727 $115,400 $21,000 $94,400
2015 -- $115,400 $21,000 $94,400
2012 -- $85,400 $15,000 $70,400
Source: Public Records

Map

Source: Mercer-Tazewell County Board of REALTORS®

MLS Number: 37673

APN: 30LID47

Virginia Russell County Cedar Bluff 24280

116 Acre Ln, Cedar Bluff, VA

Not Listed for Sale

Detached

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