120 Ray Cir Richlands, VA 24641
3
Beds
2.5
Baths
1,488
Sq Ft
1.04
Acres
Highlights
- 1.04 Acre Lot
- Covered Patio or Porch
- Bungalow
- No HOA
- Cooling Available
- 1-Story Property
About This Home
As of September 2024Welcome to an incredible opportunity in Richlands! Nestled in the subdivision called Christmas Tree Heights at the end of the cul-de-sac , this bank-owned property at 120 Ray Circle offers great potential for investors or first-time homebuyers looking to customize their dream home.
All bids must be submitted on www.homes4purchase.com during the time that the property is in auction. Auction ends July 24th. This sale is subject to a 5% or 1,500 minimum buyer's premium to the Auction Terms & Conditions. All bids will be subject to Seller Approval (minimums may apply).
Seller will convey with a quick claim deed. Buyer pays for all closing cost. Property must be listed on the market 5 days prior to accepting/negotiating offers/bids.
Last Agent to Sell the Property
Prestige Homes of the Tri Cities, Inc. Listed on: 07/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $370
Year Built
- Built in 1996
Lot Details
- 1.04 Acre Lot
- Lot Has A Rolling Slope
- Property is in below average condition
- Property is zoned R2
Home Design
- Bungalow
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Insulated Windows
- Finished Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Richlands Elementary And Middle School
- Richlands High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Auction
- Foreclosure
- Assessor Parcel Number 105a913 0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2024
Closed on
Sep 6, 2024
Sold by
United States Of America
Bought by
Special Properties Group Llc
Seller's Agent
Debra Ball
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Debra Ball
Prestige Homes of the Tri Cities, Inc.
List Price
$25,707
Sold Price
$44,000
Premium/Discount to List
$18,293
71.16%
Views
164
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,754
Avg. Annual Appreciation
69.40%
Original Mortgage
$101,300
Outstanding Balance
$100,319
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$26,565
Purchase Details
Closed on
May 31, 2024
Sold by
Lenox Title Trustee Services Llc
Bought by
United States Of America and United States Of America
Similar Home in Richlands, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $44,000 | Evergreen Title And Closing | |
| Trustee Deed | $25,706 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,300 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $44,000 | +71.2% | $30 / Sq Ft |
| 08/07/2024 08/07/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $25,707 | -- | $17 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $370 | $63,800 | $15,000 | $48,800 |
| 2023 | $463 | $79,900 | $15,000 | $64,900 |
| 2022 | $463 | $79,900 | $15,000 | $64,900 |
| 2021 | $463 | $79,900 | $15,000 | $64,900 |
| 2020 | $463 | $79,900 | $15,000 | $64,900 |
| 2019 | $463 | $79,900 | $15,000 | $64,900 |
| 2018 | $491 | $79,900 | $15,000 | $64,900 |
| 2017 | $491 | $89,300 | $15,000 | $74,300 |
| 2016 | -- | $89,300 | $15,000 | $74,300 |
| 2015 | -- | $89,300 | $15,000 | $74,300 |
| 2014 | -- | $89,300 | $15,000 | $74,300 |
| 2013 | -- | $89,300 | $15,000 | $74,300 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Ball
Seller's Agent in 2024
Debra Ball
Prestige Homes of the Tri Cities, Inc.
(423) 646-1708
3 in this area
105 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9968417
APN: 105A913-0010
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