NOT LISTED FOR SALE

1298 Seminary Church Loop Big Stone Gap, VA 24219

Estimated Value: $106,000 - $138,000

2 Beds
1 Bath
1,004 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $44,000 $44 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $674/month

20 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Paneling
  • Wood Flooring
  • Enclosed Patio or Porch
  • Cooling Available

About This Home

As of June 2014

Great starter home or investment property! Home has lots of character including hardwood floors and some original moldings. Detached garage, shed and storage buildings offer lots of storage!

Last Agent to Sell the Property

Jessee DeLoach

Koltown Properties License #0225196210 Listed on: 04/04/2014

Last Buyer's Agent

Margaret Farmer

Wallace License #292487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1956

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Dryden Elementary School
  • None Middle School
  • Lee Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 11653

Home Details

Home Type

Single Family

Est. Annual Taxes

$354

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Directions: from town of Big Stone Gap, travel 4.9 miles on Wood Ave toward Lee County, turn right on Seminary Church Loop, travel 1.2 miles, house on left.
  • Prop. Type: Residential
  • Year Built: 1956
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.1
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Dryden
  • General Property Description Middle School2: None
  • General Property Description High School3: Lee Co
  • General Property Description Lot Dimensions: 1.106
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1004.0
  • General Property Description Above Grade SqFt: 1004.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 11653
  • AC Heat Pump3: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Other Structures Storage2: Yes
  • RoofAsphalt: Yes
  • Water Private: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Interior Entry, Walk-Out Access
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Basement:Interior Entry: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 1.1
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Enclosed
  • PorchPatioDeck Enclosed: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Detached, Gravel, Other, See Remarks
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Other13: Yes
  • Parking Features:See Remarks22: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Dryden
  • High School: Lee Co
  • Middle Or Junior School: None

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 1.106
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 11653
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 12, 2014
Sold by
Citimortgage Inc
Bought by
Waddell Daniel
Seller's Agent
Jessee DeLoach
Koltown Properties
Buyer's Agent
Margaret Farmer
Wallace
List Price
$49,899
Sold Price
$44,000
Premium/Discount to List
-$5,899
-11.82%
Current Estimated Value
$118,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,272
Avg. Annual Appreciation
9.05%
Original Mortgage
$35,200
Outstanding Balance
$11,692
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$104,337

Purchase Details

Closed on
Jun 2, 2005
Sold by
Brooks Terry L
Bought by
Hale Jason Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.78%
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
Waddell Daniel $44,000 None Available
Hale Jason Mckinley $76,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell Daniel $35,200
Previous Owner Hale Jason Mckinley $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $44,000 -11.8% $44 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $49,899 -- $50 / 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
2024 $354 $47,900 $11,300 $36,600
2023 $296 $47,900 $11,300 $36,600
2022 $296 $47,900 $11,300 $36,600
2021 $296 $47,900 $11,300 $36,600
2020 $296 $81,100 $11,300 $69,800
2019 $296 $47,900 $11,300 $36,600
2018 $296 $47,900 $11,300 $36,600
2017 $296 $47,900 $11,300 $36,600
2016 $296 $47,900 $11,300 $36,600
2015 -- $46,600 $10,300 $36,300
2013 -- $46,600 $10,300 $36,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 346268

Tennessee/Virginia Regional MLS

APN: 17-(A)-78