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 April 16, 2019

Last sale price $160,000 $135 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,544/month

47 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Mature Trees
  • Grayson County High School Rated 9+
  • 5 Acre Lot
  • Deck

About This Home

As of April 2019

$100 annual road maintenance. Log cabin, one level, ranch, 5 wooded acres, horses allowed, private, with views, tucked under canopy of trees in a private setting w/easy access. Open floor plan with lovely kitchen, open dining room that flows into family room, vaulted ceilings, wood beams, 3 BR, 2 full bath, gas log fireplace, stackable washer/dryer, 3 storage buildings, split rail fencing, landscaped with appropriate easy care perennials, 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 BR are full tub/shower and spacious. Lots of windows to bring in the fresh, cool mountain air. Nice master suite, plenty of closets, double doors open out to the deck off the dining area. Very efficient floor plan.

Last Agent to Sell the Property

Toni McSwain

Virginia Mountain Realty License #0225093390 Listed on: 01/13/2019

Last Buyer's Agent

Delores Boone

Virginia Mountain Realty License #0225224665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 2009

Lot Details

  • 5 Acre Lot
  • The property's road front is unimproved
  • Wood Fence
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Cabin
  • Permanent Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Tile Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding

Schools

  • Independence Elementary School
  • Fries Middle School
  • Grayson County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

  • Association fees include other-see remarks
  • Ferncrest Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 2009

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5
  • Lot Size: Refer To Deed
  • Road Surface Type: Unimproved
  • Subdivision Name: Ferncrest
  • Directions: Beginning at I-77 Exit 14 Galax/Hillsville, take 58W towards Independence for 13.4 miles. Veer right onto 94N/Riverside Dr. Stay on Riverside Dr. for 4.5 miles and you will come upon Highway 660 which is Carsonville Road. Turn right onto Carsonville Road/660 and in 2.3 miles you will come to a fork in the road. Take the left fork and in about a mile you will come to Summerset Drive on the left. Turn left and it is the first house on the left with the sign.
  • Above Grade Finished Sq Ft: 1188
  • Architectural Style: Ranch, Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 2009
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Microwave, Other, Refrigerator, Washer, Electric Water Heater
  • Other Equipment: Satellite Dish, Satellite Receiver
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, One, Free Standing, Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), High Speed Internet, Internet Availability Other/See Remarks
  • Living Area: 1188
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Wood Frames, Insulated Windows
  • ResoLivingAreaSource: PublicRecords
  • Bathroom 2 Area: 60
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 135.0972
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 133.1944
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 13.9167
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Living Room Area: 200
  • Room Kitchen Area: 133.3333
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 180.9167
  • Room Dining Room Area: 233.3333

Exterior Features

  • Fencing: Wood
  • Lot Features: Level, Views, Wooded
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Log, Dry Wall
  • Exterior Features: Horses Allowed, Lighting, Garden, Mature Trees
  • Foundation Details: Permanent
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Open Deck
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Other, Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, RV Access/Parking, None

Utilities

  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well
  • Gas Company: Other-See Remarks

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other-See Remarks

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Fries

Lot Info

  • Lot Size Sq Ft: 217800
  • Zoning: RES
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 606.13
  • Tax Lot: 1
  • Tax Map Number: 38-4-1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
Mar 25, 2019
Sold by
The Estate Of Larry Wayne Tucker
Bought by
Melvin David A
Seller's Agent
Toni McSwain
Virginia Mountain Realty
Buyer's Agent
Delores Boone
Virginia Mountain Realty
List Price
$159,500
Sold Price
$160,000
Premium/Discount to List
$500
0.31%
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.
Estimated Appreciation
$105,939
Avg. Annual Appreciation
9.85%
Original Mortgage
$125,000
Outstanding Balance
$110,372
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$179,958

Purchase Details

Closed on
Jul 11, 2016
Sold by
Spears Michael and Spears Barbara J
Bought by
Tucker Larry Wayne
Source: Public Records

Range of Values:

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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
04/16/2019 04/16/19 Sold $160,000 +0.3% $135 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $159,500 -- $134 / 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
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: Southwest Virginia Association of REALTORS®

MLS Number: 67770

APN: 38 - 4- - 1