NOT LISTED FOR SALE

120 Cherry St SE Wise, VA 24293

Estimated Value: $110,000 - $159,000

2 Beds
1 Bath
960 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $75,000 $78 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $718/month

80 Days on Market

Highlights

  • Deck
  • Porch
  • 1-Story Property
  • Detached Garage
  • Cooling Available
  • Heat Pump System

About This Home

As of February 2016

Great starter home, investment property or student housing. This home has been completely remodeled.

Last Agent to Sell the Property

MARTHA JETT

Lonesome Pine Realty License #0226024119 Listed on: 09/25/2015

Last Buyer's Agent

Virgil Rains

Stephenson Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1960

Lot Details

  • Sloped Lot
  • Property is in average condition

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • 1 Carport Space

Outdoor Features

  • Deck
  • Porch

Schools

  • L F Addington Elementary School
  • L. F. Addington Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Wise, take the Wise Norton Rd., turn left at Cherry St. and follow to subject.
  • Prop. Type: Residential
  • Year Built: 1960
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: L F Addington
  • General Property Description Middle School2: L. F. Addington
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 960.0
  • General Property Description Above Grade SqFt: 960.0
  • General Property Description Parcel ID2: 0
  • AC Heat Pump3: Yes
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Property Condition Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Concrete, Detached
  • Attached Garage: No
  • Parking Features:Concrete2: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: L F Addington
  • High School: Central (Wise, Va)
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: residential
  • Lot Dimensions: 0
  • Parcel #: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Feb 16, 2016
Sold by
Keith Scott
Bought by
Sanders Daisy R
Seller's Agent
MARTHA JETT
Lonesome Pine Realty
Buyer's Agent
Virgil Rains
Stephenson Realty & Auction
List Price
$87,000
Sold Price
$75,000
Premium/Discount to List
-$12,000
-13.79%
Current Estimated Value
$123,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,942
Avg. Annual Appreciation
5.42%
Original Mortgage
$77,120
Outstanding Balance
$61,780
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$62,162

Purchase Details

Closed on
Jun 6, 2013
Sold by
Crabtree Autumn B and Crabtree Aaron M
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 6, 2010
Sold by
Stinson Robert Allen and Stinson Jeffrey Thomas
Bought by
Crabtree Autumn B and Crabtree Aaron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
4.73%
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
Sanders Daisy R $75,000 Attorney
Jpmorgan Chase Bank Na $43,350 None Available
Crabtree Autumn B $54,000 Blue Ridge Title & Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Sanders Daisy $25,000
Open Sanders Daisy R $77,120
Previous Owner Crabtree Autumn B $60,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $75,000 -13.8% $78 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $87,000 +262.5% $91 / Sq Ft
04/01/2014 04/01/14 Sold $24,000 -38.5% $26 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $39,000 -- $42 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $518 $75,100 $20,000 $55,100
2024 $518 $75,100 $20,000 $55,100
2023 $518 $75,100 $20,000 $55,100
2022 $518 $75,100 $20,000 $55,100
2021 $486 $70,500 $20,000 $50,500
2020 $486 $70,500 $20,000 $50,500
2019 $486 $70,500 $20,000 $50,500
2018 $437 $70,500 $20,000 $50,500
2017 $367 $70,500 $20,000 $50,500
2016 $365 $61,100 $12,000 $49,100
2015 $142 $47,200 $10,000 $37,200
2010 -- $47,200 $10,000 $37,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MARTHA JETT

    Lonesome Pine Realty

  • V

    Buyer's Agent in 2016

    Virgil Rains

    Stephenson Realty & Auction

  • Joshua Bolling

    Buyer's Agent in 2016

    Joshua Bolling

    Park Hill Realty Group, LLC

    (276) 337-1083

    4 in this area

    26 Total Sales

    Joshua Bolling
    Section Image

  • R

    Buyer's Agent in 2016

    RAELYNN SMITH

    ROZZELL REALTY & CONSTRUCTION

  • Douglas Stallard

    Seller's Agent in 2014

    Douglas Stallard

    Ridgeview Real Estate

    (276) 708-6375

    24 in this area

    56 Total Sales

    Douglas Stallard
    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 368365

Tennessee/Virginia Regional MLS

APN: R014171

Virginia Wise County Wise 24293

120 Cherry St SE, Wise, VA

This home is located at 120 Cherry St SE, Wise, VA 24293 since 25 September 2015 and is currently estimated at $123,942, approximately $129 per square foot. This property was built in 1960. 120 Cherry St SE is a home located in Wise County with nearby schools including Minnick Education Center - Wise.

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