NOT LISTED FOR SALE

11712 Wallace Pike Bristol, VA 24202

Bristol Area

Estimated Value: $94,000 - $276,000

2 Beds
1 Bath
1,290 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2025

Last sale price $57,000 $44 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,179 / mo

13 Days on Market

Highlights

  • Mountain View
  • Fireplace in Kitchen
  • Wood Flooring
  • Wallace Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of January 2025

Great investment opportunity!!! This 2 bedroom / 1 bath home has lots of potential. Tucked away in the trees, this home offers tons of privacy. Home has a nice large sunroom where you can sit and watch the deer roam. Great mountain views. Property has a detached 1 car garage. For the right person, this home can be revived into a nice home. Has great potential for rental property or Air B&B retreat. ''Please submit all offers to www.PropOffers.com. BUYER'S AGENT IS TO PAY A $175.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER. Constructive REO is managing the sale of the property in this listing and requires all prospective buyers seeking financing to prequalify prior to submitting an offer on the property to establish that they will be able to obtain required financing. Constructive REO's preferred Lender is Eastern Savings Bank. Contact: Hyla Burleson, Buyers are not required to use Eastern Savings Bank for the prequalification or for financing on any Constructive REO sale. If you choose to use the Seller's preferred title insurance provider, the seller will pay for the buyer's owner title policy. All cash offers must be presented with proof of funds.'' Ernest deposit to be 1% of purchase price or $2000, whichever is greater.

Last Agent to Sell the Property

Dan Bickley

KW Bristol License #306056,0225260869 Listed on: 11/20/2024

Last Buyer's Agent

Larry Mason

Presswood & Associates License #298317

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 31,363 Sq Ft Lot
  • Lot Dimensions are 62x390x109x225x53x176
  • Lot Has A Rolling Slope

Parking

  • 1,820 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Cabin
  • Fixer Upper
  • Block Foundation
  • Metal Roof
  • Wood Siding
  • T111 Siding
  • Stone Veneer

Interior Spaces

  • 1,290 Sq Ft Home
  • Paneling
  • Living Room with Fireplace
  • Mountain Views
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Glass Porch
  • Glass Enclosed

Schools

  • High Point Elementary School
  • Wallace Middle School
  • John S. Battle High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 140 3 2b 029543

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0.72 Acres

Parking

1820

Listing Details

  • Directions: From Bristol take Lee Highway and go past Exit 5 and turn left on Island Road ( across from Crabtree Buick ). Turn right onto Wallace Pike. Property on right. See sign. GPS friendly
  • Prop. Type: Residential
  • Year Built: 1980
  • Garage Garage Spaces: 1820
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin, Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.72
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: High Point
  • General Property Description Middle School2: Wallace
  • General Property Description High School3: John S. Battle
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 62x390x109x225x53x176
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1290.0
  • General Property Description Above Grade SqFt: 1290.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 140 3 2b 029543
  • Style Ranch: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Utilities Electricity Available: Yes
  • Roof Metal3: Yes
  • Property Condition Fixer: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Levels One: Yes
  • General Property Description Senior Community YN3: No
  • Utilities:Water Available: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Window Features: Single Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Kitchen, Living Room
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Fireplace:Kitchen: Yes

Exterior Features

  • Property Condition: Fixer
  • Roof: Metal
  • View: Mountain(s)
  • Acres: 0.72
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Stone Veneer, T111, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Glass Enclosed, Patio
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Stone Veneer: Yes
  • Window Features:Single Pane Windows: Yes
  • PorchPatioDeck Enclosed: Yes
  • PorchPatioDeck Glass Enclosed: Yes
  • PorchPatioDeck Patio: Yes
  • Exterior Finish T111: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Garage Spaces: 1820.0
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Fireplace(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: High Point
  • High School: John S. Battle
  • Middle Or Junior School: Wallace

Lot Info

  • Zoning: residential
  • Lot Dimensions: 62x390x109x225x53x176
  • Lot Size Sq Ft: 31363.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 140 3 2b 029543
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 9, 2025
Sold by
Bought by
Seller's Agent
Dan Bickley
KW Bristol
Buyer's Agent
Larry Mason
Presswood & Associates
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Views
135
Current Estimated Value
$203,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,160
Avg. Annual Appreciation
136.02%

Purchase Details

Closed on
Oct 10, 2024
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$57,000 Old Republic National Title
$115,184 None Listed On Document
$115,184 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $102,528
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2025 01/16/25 Sold $57,000 -4.8% $44 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $59,900 -- $46 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $858 $199,500 $25,000 $174,500
2025 $858 $199,500 $25,000 $174,500
2024 $7 $109,900 $20,000 $89,900
2023 $659 $109,900 $20,000 $89,900
2022 $659 $109,900 $20,000 $89,900
2021 $659 $109,900 $20,000 $89,900
2019 $635 $100,800 $20,000 $80,800
2018 $635 $100,800 $20,000 $80,800
2017 $635 $100,800 $20,000 $80,800
2016 $343 $108,900 $30,000 $78,900
2015 $343 $108,900 $30,000 $78,900
2014 $343 $108,900 $30,000 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9973595

Tennessee/Virginia Regional MLS

APN: 140-3-2B

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