NOT LISTED FOR SALE

124 Bane Bottom Ave Cedar Bluff, VA 24609

Estimated Value: $153,900 - $182,000

3 Beds
2 Baths
1,822 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $125,000 $69 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $926/month

81 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Bathroom on Main Level
  • No HOA
  • Cooling Available
  • Attached Carport

About This Home

As of July 2021

1962 brick ranch on a level lot in the Goldie Johnson Subdivision just outside of the Cedar Bluff town limits. This home features 3 bedrooms and 2 full baths, an eat in kitchen, a formal dining and living room and a large den. Updates to this home include a metal roof, replacement windows, HP and an updated kitchen. Level lot with a garden area and several storage buildings. 2 car carport with paved drive. Front and back covered porches. Great lawn for children and pets.

Last Agent to Sell the Property

Ramona Simmons

Fortune Realty of Richlands License #0225058750 Listed on: 03/25/2021

Last Buyer's Agent

Lisa Cordle

C&C Realty (Cordle & Company) License #0225105436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Garage
  • Attached Carport
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 1,822 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Tilt-In Windows
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Cedar Bluff Elementary School
  • Richlands Middle School
  • Richlands High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48-50; 1/2 of

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: See Plat
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: Hwy 19/460 at Claypool Hill, take 460 west. Turn R at first Cedar Bluff Exit. Following Business 460 into Cedar Bluff to Indian Creek Road (Rt 631). Turn R onto Indian Creek Road, R onto Alex then R onto Banes Bottom Road
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1962
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Cable High Speed Internet
  • Living Area: 1822
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows, Tilt Windows, No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Garden
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Average, Interior Condition: Fair
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cedar Bluff
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 590.44
  • Tax Lot: 48-50; 1/2 of
  • Tax Map Number: 107A 01040049-0051
  • Tax Year: 2202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jul 15, 2021
Sold by
Damron Jessee Richard and Damron Danny Ray
Bought by
Street Codie Lynn and Day Dustin Lee
Seller's Agent
Ramona Simmons
Fortune Realty of Richlands
Buyer's Agent
Lisa Cordle
C&C Realty (Cordle & Company)
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Current Estimated Value
$165,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,725
Avg. Annual Appreciation
6.53%
Original Mortgage
$126,262
Outstanding Balance
$114,065
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,660
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Street Codie Lynn $125,000 None Available
Street Codie Lynn $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Street Codie Lynn $126,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $125,000 -7.3% $69 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $134,900 -- $74 / Sq Ft
Source: Southwest Virginia Association 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 $695 $119,800 $14,000 $105,800
2023 $579 $99,800 $8,000 $91,800
2022 $579 $99,800 $8,000 $91,800
2021 $579 $99,800 $8,000 $91,800
2020 $579 $99,800 $8,000 $91,800
2019 $579 $99,800 $8,000 $91,800
2018 $603 $99,800 $8,000 $91,800
2017 $603 $109,700 $8,000 $101,700
2016 -- $109,700 $8,000 $101,700
2015 -- $109,700 $8,000 $101,700
2014 -- $109,700 $8,000 $101,700
2013 -- $109,700 $8,000 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 77554

APN: 107A-01040049-0051