NOT LISTED FOR SALE

1405 Teas Rd Sugar Grove, VA 24375

Estimated Value: $237,000 - $335,444

4 Beds
2 Baths
2,311 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $275,000 $119 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,838/month

120 Days on Market

Highlights

  • Barn
  • Heated In Ground Pool
  • 4.75 Acre Lot
  • Stables
  • RV Access or Parking
  • Creek or Stream View

About This Home

As of May 2023

They don't build 'em like this anymore! This well maintained 1930's Craftsman Style Bungalow is in great shape! Double layer brick! Steps away from the South Fork of the Holston River in Sugar Grove, you can enjoy country life only 17 minutes from the interstate and town of Marion! Situated on approximately 5 acres, there is room for your horses. There is a 5 stall horse barn and a horse ring on the property; a large garage/workshop to store everything you need to maintain the property; an ''RV'' garage with high ceilings and utilities and a large chicken coup. A right of way through the Church's lawn accesses the RV garage. Not to mention the in ground pool/pool area right outside the back door! They thought of everything here. With EPA rated wood burning fireplaces and gas radiant heat you never have to worry about being cold in the winter and the newer vinyl windows will help make sure the home is comfortable year round. New appliances in the kitchen! Please do not turn off the water from the right side of the house. This water feeds the horse trough from a spring. All information is reliable but should be verified by buyer/agent.

Last Agent to Sell the Property

Taylor Bettis

Highlands Realty, Inc. Abingdon Listed on: 11/18/2022

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1932

Lot Details

  • 4.75 Acre Lot
  • Lot Dimensions are 378'x667'x261'x453'
  • Property is Fully Fenced
  • Privacy Fence
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is in good condition

Parking

  • 4 Car Garage
  • RV Access or Parking

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Stove
  • Brick Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Den with Fireplace
  • Workshop
  • Wood Flooring
  • Creek or Stream Views

Kitchen

  • Convection Oven
  • Built-In Electric Oven
  • Electric Range
  • Dishwasher
  • Solid Surface Countertops
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement
  • Block Basement Construction
  • Stubbed For A Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Covered patio or porch
  • Shed
  • Outbuilding

Schools

  • Sugar Grove Elementary And Middle School
  • Marion High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Hot Water Heating System
  • Spring water is a source of water for the property
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 70-A-1 113271

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,513

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Directions: From I81 N, take exit 45 and turn right on 16 South. Follow 16 S. for 11.8 miles. Take a slight right onto Teas rd and travel for 2.3 miles. The house will be on the right next to the methodist church.
  • Prop. Type: Residential
  • Year Built: 1932
  • Garage Garage Spaces: 4
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Bungalow
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 4.75
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Sugar Grove
  • General Property Description Middle School2: Sugar Grove
  • General Property Description High School3: Marion
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 378'x667'x261'x453'
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2311.0
  • General Property Description Above Grade SqFt: 2311.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 70-A-1 113271
  • Pool Features In Ground: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Pasture2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Connected: Yes
  • Foundation Block6: Yes
  • Fireplace Basement3: Yes
  • Fireplace Great Room: Yes
  • TopographyLot Description Cleared: Yes
  • View CreekStream: Yes
  • Roof Metal3: Yes
  • Walls Plaster: Yes
  • Other Structures Barn(s): Yes
  • Fencing Pasture3: Yes
  • Basement Block4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Softeners: Yes
  • Basement Partial Heat: Yes
  • Other Equipment Dehumidifier: Yes
  • Other Structures Storage2: Yes
  • TopographyLot Description Part Wooded: Yes
  • Fencing Full2: Yes
  • Water Spring: Yes
  • Fencing Privacy: Yes
  • Other Structures Stable(s): Yes
  • Other Rooms Sitting: Yes
  • Other Rooms Breakfast: Yes
  • Foundation Stone4: Yes
  • Pool Features Heated: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Dehumidifier
  • Appliances: Built-In Electric Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Range, Range, Refrigerator, Washer, Water Softener
  • Has Basement: Block, Concrete, Finished, Partial Heat, Plumbed, Sump Pump, Walk-Out Access
  • Flooring: Hardwood
  • Interior Amenities: Built-in Features, Entrance Foyer, Solid Surface Counters, Utility Sink
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Brick, Den, Great Room, Wood Burning Stove
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • InteriorFeatures:Utility Sink: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Brick3: Yes
  • Fireplace:Den: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Cooktop: Yes
  • Basement:Concrete3: Yes
  • Basement:Basement Finished2: Yes
  • Fireplace:Wood Burning Stove: Yes
  • Appliances:Convection Oven: Yes
  • Basement:Plumbed: Yes
  • Basement:Sump Pump: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Stable(s), Barn(s), Outbuilding, Shed(s), Storage
  • View: Creek/Stream
  • Fencing: Full, Pasture, Privacy
  • Pool Features: Heated, In Ground
  • Acres: 4.75
  • Topography: Cleared, Level, Part Wooded, Pasture
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding, Plaster
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Covered, Front Porch, Rear Patio
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Concrete, RV Parking
  • Sq Ft DetailsGarageDetachedSq Ft: 954
  • Sq Ft DetailsGarageTotalSq Ft: 954
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Forced Air, Hot Water, Natural Gas, Wood
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Spring, Well
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Wood: Yes
  • Heating:Forced Air: Yes
  • Water Well: Yes
  • Heating:Hot Water: Yes

Schools

  • Elementary School: Sugar Grove
  • High School: Marion
  • Middle Or Junior School: Sugar Grove

Lot Info

  • Zoning: R
  • Lot Dimensions: 378'x667'x261'x453'
  • Lot Size Sq Ft: 206910.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 70-A-1 113271
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
May 18, 2023
Sold by
Collins Joseph F and Collins Heather
Bought by
Collins Joseph F and Collins Heather
Seller's Agent
Taylor Bettis
Highlands Realty, Inc. Abingdon
Buyer's Agent
Non Member
Non Member
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$312,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,762
Avg. Annual Appreciation
3.26%
Original Mortgage
$200,000
Outstanding Balance
$195,665
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$100,196

Purchase Details

Listed on
Nov 18, 2022
Closed on
May 1, 2023
Sold by
Tyers Robert E and Tyers Charla G
Bought by
Collins Joseph F and Collins Heather
Seller's Agent
Taylor Bettis
Highlands Realty, Inc. Abingdon
Buyer's Agent
Non Member
Non Member
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$195,665
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$100,196
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
Collins Joseph F -- Blue Ridge Title
Collins Joseph F $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Joseph F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $275,000 -5.2% $119 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $290,000 -- $125 / 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 $1,513 $256,400 $26,100 $230,300
2023 $975 $131,700 $23,100 $108,600
2022 $975 $131,700 $23,100 $108,600
2021 $975 $131,700 $23,100 $108,600
2020 $975 $131,700 $23,100 $108,600
2019 $865 $116,900 $23,100 $93,800
2018 $865 $116,900 $23,100 $93,800
2017 $865 $116,900 $23,100 $93,800
2016 $865 $116,900 $23,100 $93,800
2015 $865 $0 $0 $0
2014 $838 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9945893

Tennessee/Virginia Regional MLS

APN: 70-A-1