NOT LISTED FOR SALE

133 Summerset Dr Independence, VA 24348

Estimated Value: $223,000 - $310,000

3 Beds
2 Baths
1,188 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $152,000 $128 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,536/month

3 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Grayson County High School Rated 9+
  • Ranch Style House
  • Porch

About This Home

As of July 2016

Log cabin on 5 wooded acres tucked under the canopy of trees in a private setting w/easy access off state maintained paved road. Open floor plan with lovely kitchen, open dining room that flows into family room, vaulted ceilings, wood beams, 3 bedrooms, 2 full baths, gas log fireplace, stackable washer/dryer, 3 storage buildings, split rail fencing, landscaped with appropriate easy care perennials, firepit, enclosed back garden area, wrap around deck to sprawling covered front porch. Perfect mix of painted walls and light wood with an open airy feel. Wonderful pastoral views, wildlife here boasts deer, turkey, grouse, bear, colorful finches, hummingbirds. Kitchen has plenty of hickory cabinets, tile tops & appliances included. Both bathrooms are full tub/shower and spacious.

Last Agent to Sell the Property

Toni McSwain

Virginia Mountain Realty License #0225093390 Listed on: 06/20/2016

Co-Listed By

Dedra Lineberry

Virginia Mountain Realty License #0225196694

Last Buyer's Agent

Toni McSwain

Virginia Mountain Realty License #0225093390 Listed on: 06/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $963

Year Built

  • Built in 2009

Lot Details

  • Wooded Lot
  • Property is in very good condition

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Cabin
  • Fire Rated Drywall
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Property Views

Kitchen

  • Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38-4-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$963

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 1188
  • Class: Residential
  • County Or City: Grayson
  • Deed Bk Pg Instrumnt: 517/941
  • Legal Description: Refer to Deed
  • Master On Main: Yes
  • Miscellaneous: Propane Tank- Leased
  • Number Rooms: 6
  • Parcel Nbr: 38-4-1
  • Property Sub Type: Detached
  • Style Structure Home: Cabin, Ranch
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dryer/Electric, Microwave, Oven, Range/Electric, Refrigerator, Washer
  • Bedrooms: 3
  • Fireplace: Gas Logs/Ventless
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling, Walls-Drywall

Exterior Features

  • Exterior Features: Gravel Driveway, Porch, Storage Shed
  • Exterior Finish: Log
  • Roofing: Metal

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: Home Owners Assoc

Schools

  • School District: Grayson County
  • Elementary School: Independence
  • High School: Grayson County

Lot Info

  • Land Description: Subdivision, View, Wooded Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
The Estate Of Larry Wayne Tucker
Bought by
Melvin David A
Current Estimated Value
$265,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$110,372
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$179,958

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 11, 2016
Sold by
Spears Michael and Spears Barbara J
Bought by
Tucker Larry Wayne
Seller's Agent
Toni McSwain
Virginia Mountain Realty
Buyer's Agent
Toni McSwain
Virginia Mountain Realty
List Price
$149,000
Sold Price
$152,000
Premium/Discount to List
$3,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
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
Melvin David A $160,000 Attorney
Tucker Larry Wayne $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin David A $125,000
Closed Melvin David A $125,000
Previous Owner Spears Michael $100,000
Previous Owner Spears Michael $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $152,000 +2.0% $128 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $149,000 -- $125 / Sq Ft
Source: New River Valley 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
2024 $963 $178,300 $34,500 $143,800
2023 $1,179 $178,300 $34,500 $143,800
2022 $730 $178,300 $34,500 $143,800
2021 $946 $123,700 $32,000 $91,700
2020 $933 $123,700 $32,000 $91,700
2019 $762 $123,700 $32,000 $91,700
2018 $762 $123,700 $32,000 $91,700
2017 $762 $123,700 $32,000 $91,700
2016 -- $123,700 $32,000 $91,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 324370

New River Valley Association of REALTORS®

APN: 38 - 4- - 1