NOT LISTED FOR SALE

1405 Teas Rd Sugar Grove, VA 24375

Estimated Value: $266,000 - $328,000

4 Beds
2 Baths
2,311 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 01, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $1,814/month

120 Days on Market

Highlights

  • Barn
  • Heated In Ground Pool
  • Creek or Stream View
  • Stables
  • RV Access or Parking
  • Wood Burning Stove

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 Listed By

Taylor Bettis

HIGHLANDS REALTY, INC. ABINGDON Listed on: 11/18/2022

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
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Softeners: 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
  • 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
  • Window Features:Double Pane Windows: 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%
Total Days on Market
120
Current Estimated Value
$304,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,425
Avg. Annual Appreciation
5.19%
Original Mortgage
$200,000
Outstanding Balance
$196,064
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$108,361

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
$196,064
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$108,361

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9945893

Tennessee/Virginia Regional MLS

APN: 70-A-1