NOT LISTED FOR SALE

12598 Cottonwood Rd Pound, VA 24279

Estimated Value: $139,000 - $266,000

4 Beds
2 Baths
1,936 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $166,000 $86 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,126/month

55 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Cooling Available
  • Mud Room
  • Built-In Features
  • Shed

About This Home

As of October 2012

Private country setting yet near 4-lane. This ranch style home has 7.15 ac. with wildlife everywhere. Features 4 bedrooms, 2 Baths, large mud/laundry room, open kitchen/dining room, large living room with rock fireplace and cozy den/family room. 4 decks on all sides of home. New heat pump in 2011. Separate 24 x 28 heated garage, 15 x 40 storage building and 2 car carport.

Last Agent to Sell the Property

Linda Wampler

Lonesome Pine Realty License #0225036315 Listed on: 07/26/2012

Last Buyer's Agent

Kimberly Perry

Ridgeview Real Estate License #0225190546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1983

Lot Details

  • 7.15 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Gravel Driveway

Home Design

  • Wood Walls
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Self Contained Fireplace Unit Or Insert
  • Mud Room
  • Dishwasher

Flooring

  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • J.W. Adams Elementary And Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 003014

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Directions: From Norton travel on Orby Cantrell HWy. toward Pound. Do not take 1st exit to Pound. Turn right on Rt. 630 (South Mountain Rd.) Travel 4 miles and turn right on Cottonwood Dr. to top of hill
  • Prop. Type: Residential
  • Year Built: 1983
  • Garage Carport Spaces: 2
  • Garage Garage 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
  • General Property Description Acres: 7.15
  • General Property Description Zoning2: 0
  • General Property Description Elementary School3: J.W. Adams
  • General Property Description Middle School2: J.W. Adams
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1936.0
  • General Property Description Above Grade SqFt: 1936.0
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 003014
  • General Property Description # Fireplaces: 1
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Laminate: Yes
  • Property Condition Average: Yes
  • Walls Wood3: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Flooring Parquet: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring: Laminate, Parquet
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Built-in Features: Yes
  • Other Rooms:Mud Room: Yes
  • Fireplace:Fireplace Insert: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 7.15
  • Topography: Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Sq Ft DetailsGarageTotalSq Ft: 672
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: J.W. Adams
  • High School: Central (Wise, Va)
  • Middle Or Junior School: J.W. Adams

Lot Info

  • Zoning: 0
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 311454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 003014
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 30, 2012
Sold by
Myre Richard E
Bought by
Lassiter Jimmy Edward
Seller's Agent
Linda Wampler
Lonesome Pine Realty
Buyer's Agent
Kimberly Perry
Ridgeview Real Estate
List Price
$179,000
Sold Price
$166,000
Premium/Discount to List
-$13,000
-7.26%
Current Estimated Value
$194,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,448
Avg. Annual Appreciation
1.24%
Original Mortgage
$162,993
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2008
Sold by
Jeffrey Francis S and Jeffrey Rachel E
Bought by
Myre Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,537
Interest Rate
6.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lassiter Jimmy Edward $166,000 Old Republic National Title
Myre Richard E $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lassiter Jimmy Edward $189,000
Closed Lassiter Jimmy Edward $162,993
Previous Owner Myre Richard E $147,537
Previous Owner Jeffrey Francis S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $166,000 -7.3% $86 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $179,000 -- $92 / 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 $822 $119,200 $12,200 $107,000
2024 $822 $119,200 $12,200 $107,000
2023 $822 $119,200 $12,200 $107,000
2022 $822 $119,200 $12,200 $107,000
2021 $804 $116,500 $12,200 $104,300
2020 $804 $116,500 $12,200 $104,300
2019 $804 $116,500 $12,200 $104,300
2018 $722 $116,500 $12,200 $104,300
2017 $699 $116,500 $12,200 $104,300
2016 $699 $116,500 $12,200 $104,300
2015 $350 $116,500 $12,200 $104,300
2010 -- $114,900 $11,200 $103,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Wampler

    Lonesome Pine Realty

    (276) 393-1358

    45 Total Sales

    Linda Wampler
    Section Image

  • K

    Buyer's Agent in 2012

    Kimberly Perry

    Ridgeview Real Estate

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 323185

Tennessee/Virginia Regional MLS

APN: R003014

Virginia Wise County Pound 24279

12598 Cottonwood Rd, Pound, VA

This home is located at 12598 Cottonwood Rd, Pound, VA 24279 since 26 July 2012 and is currently estimated at $194,448, approximately $100 per square foot. This property was built in 1983. 12598 Cottonwood Rd is a home located in Wise County.

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