NOT LISTED FOR SALE

124 Wallace Pike Bristol, VA 24202

Estimated Value: $231,000 - $258,000

3 Beds
1.5 Baths
1,405 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $122,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,368/month

257 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Cooling Available
  • Enclosed Glass Porch
  • Glass Enclosed
  • Outdoor Storage

About This Home

As of October 2020

Extensively renovated in 2016 (some plumbing, electrical, heatpump, sheetrock, kitchen, appliances, refinished hdwd flooring, bathrooms); looks like a nearly new home! Roof ~7yrs old. Replacement windows. Half-bath has enough space for possible upgrade to full bath. Unfinished concrete basement. Aluminum double car shed. Small shop bldg./stg. Enclosed porch at rear 12 x 17. Walk-up stairway to attic. Some occasional dampness/light seepage into basement. Come take a look; great home for this price range! NO SUNDAY SHOWINGS (no exceptions; office policy). ALL INFO OBTAINED FROM SELLER, PUB REC, COBV GIS, WALK-THRU VISUAL INSPECTION; NOT WARRANTED. BUYER AND/OR BUYER'S AGENT TO CONFIRM/VERIFY.

Last Agent to Sell the Property

MIKE MUMPOWER

Earl Webb Real Estate License #VA 0225002627 / TN 58150 Listed on: 05/15/2020

Last Buyer's Agent

Gary Cobb

Century 21 Legacy Fort Henry License #TN 320875 VA 225196670

Century 21 Legacy Fort Henry

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • Sloped Lot
  • Property is in good condition

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Parking

  • 2 Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Glass Enclosed
  • Outdoor Storage
  • Outbuilding
  • Enclosed Glass Porch

Schools

  • Van Pelt Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 223-A-12A

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Directions: NORTH on Lee Highway, past Crabtree Buick-GMC; LEFT onto Island Road; RIGHT onto Wallace Pike; property on LEFT.
  • Prop. Type: Residential
  • Year Built: 1957
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • 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: R-1
  • General Property Description Elementary School3: Van Pelt
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: ~115 x 248 x 135 x 139 x 29 x 129
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1405.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 223-A-12A
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Foundation Block6: Yes
  • Attic Partial Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Other Structures Storage2: Yes
  • Exterior Finish Asbestos: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Concrete, Exterior Entry, Interior Entry, Unfinished
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Remodeled, Smoke Detector(s)
  • Window Features: Insulated Windows, Window Treatments
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Interior Features:Eat-in Kitchen: Yes
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Concrete3: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Attic Walk-Up: Yes
  • Interior Features:Attic Storage: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition, Shingle
  • Other Structures: Outbuilding, Storage
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Asbestos
  • Foundation Details: Block
  • Patio And Porch Features: Glass Enclosed, Rear Porch
  • Window Features:Insulated Windows: Yes
  • Window Features:Window Treatments: Yes
  • PorchPatioDeck Rear Porch: Yes
  • PorchPatioDeck Glass Enclosed: Yes

Garage/Parking

  • Parking Features: Carport, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Van Pelt
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: R-1
  • Lot Dimensions: ~115 x 248 x 135 x 139 x 29 x 129
  • Parcel #: 223-A-12A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 20, 2020
Sold by
Nash Sandy and Hartsock Brenda Darlene
Bought by
Reed Paul T and Reed Brenda K
Seller's Agent
MIKE MUMPOWER
Earl Webb Real Estate
Buyer's Agent
Gary Cobb
Century 21 Legacy Fort Henry
List Price
$124,500
Sold Price
$122,000
Premium/Discount to List
-$2,500
-2.01%
Current Estimated Value
$238,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,643
Avg. Annual Appreciation
13.55%
Original Mortgage
$124,806
Outstanding Balance
$110,806
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$127,837
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Reed Paul T $122,000 Fc Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Paul T $124,806
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $122,000 -2.0% $87 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $124,500 -- $89 / 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 $1,540 $165,600 $25,000 $140,600
2024 $1,049 $93,700 $15,000 $78,700
2023 $1,096 $93,700 $15,000 $78,700
2022 $1,049 $93,700 $15,000 $78,700
2021 $1,049 $93,700 $15,000 $78,700
2020 $851 $72,700 $15,000 $57,700
2019 $851 $72,700 $15,000 $57,700
2018 $425 $72,700 $15,000 $57,700
2016 -- $63,400 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9901897

Tennessee/Virginia Regional MLS

APN: 223-A-12A