NOT LISTED FOR SALE

1506 W Reservoir St Wytheville, VA 24382

Estimated Value: $165,048 - $197,000

2 Beds
1.5 Baths
1,080 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $140,000 $130 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,058/month

8 Days on Market

Highlights

  • Mature Trees
  • Newly Painted Property
  • Cooling Available
  • Scott Memorial Middle School Rated A-
  • Covered patio or porch
  • Views

About This Home

As of October 2022

Excellent starter home or investment opportunity. Two bed one and a half bath townhome with laundry on the main level. Low maintenance and easy access to town, schools, interstates, and more. The home should qualify for USDA/FHA/VA, so first-time buyers are welcome! Don't miss your shot to get a home with a low low monthly payment. Call your agent today!

Last Agent to Sell the Property

Christopher Fox

BHHS- Mountain Sky Properties, Wytheville License #0225224934 Listed on: 09/26/2022

BHHS- Mountain Sky Properties, Wytheville

Last Buyer's Agent

Tana Woodyard

BHHS- Mountain Sky Properties, Wytheville License #0225242756

BHHS- Mountain Sky Properties, Wytheville

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $581

Year Built

  • Built in 1985

Lot Details

  • 2,701

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Crawl Space
  • Laundry on main level
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Paved Parking
  • Open Parking

Schools

  • Spiller Elementary School
  • Scott Memorial Middle School
  • George Wythe High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • Mature Trees

Community Details

  • Association fees include road maintenance, ground maintenance

Listing and Financial Details

  • Tax Lot 7

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$581

Year Built

Built in 1985

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Sub Type: Townhouse,Condo/Town House
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Directions: 81 South from Wytheville, take exit 70. Left off exit, right onto pine st, right onto 11, left onto 30th st, apartments across from the high school. See sign
  • Above Grade Finished Sq Ft: 1080
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Dishwasher, Refrigerator, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Newer Paint, Cable High Speed Internet
  • Living Area: 1080
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Family Room Level: Main
  • Bathroom 1 Level: Main
  • Bathroom Level: Upper
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Dry Wall
  • Exterior Features: Mature Trees
  • Patio And Porch Features: Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 20
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Maintenance Grounds

Schools

  • Elementary School: Spiller
  • High School: George Wythe
  • Middle Or Junior School: Scott Memorial

Lot Info

  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 581.02
  • Tax Lot: 7
  • Tax Map Number: 041A-007-0071-0007
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Hataway Morgan D
Bought by
Gompi3 Llc
Total Days on Market
8
Current Estimated Value
$181,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Outstanding Balance
$131,205
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,690

Purchase Details

Listed on
Sep 26, 2022
Closed on
Oct 25, 2022
Sold by
Tate John L
Bought by
Hataway Morgan D
Seller's Agent
Christopher Fox
BHHS- Mountain Sky Properties, Wytheville
Buyer's Agent
Tana Woodyard
BHHS- Mountain Sky Properties, Wytheville
List Price
$125,000
Sold Price
$140,000
Premium/Discount to List
$15,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$135,800
Interest Rate
6.02%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 1, 2020
Sold by
Ayers Derek A
Bought by
Tate John L
Seller's Agent
Alysha Alexander
Weichert Realtors-Short Way Real Estate
Buyer's Agent
Christopher Fox
BHHS- Mountain Sky Properties, Wytheville
List Price
$110,000
Sold Price
$95,200
Premium/Discount to List
-$14,800
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$96,161
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Ervin Kenny W and Ervin Sandra S
Bought by
Ayers Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,918
Interest Rate
4.62%
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
Gompi3 Llc $156,000 None Listed On Document
Hataway Morgan D $140,000 North American Title Insurance
Tate John L $95,200 Freedom Settlement Services
Ayers Derek A $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gompi3 Llc $132,600
Closed Gompi3 Llc $132,600
Previous Owner Hataway Morgan D $135,800
Previous Owner Tate John L $96,161
Previous Owner Ayers Derek A $95,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $140,000 +12.0% $130 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $125,000 +31.3% $116 / Sq Ft
06/01/2020 06/01/20 Sold $95,200 -13.5% $88 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
06/17/2019 06/17/19 For Sale $110,000 -- $102 / 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 $465 $91,100 $14,500 $76,600
2023 $465 $91,100 $14,500 $76,600
2022 $465 $91,100 $14,500 $76,600
2021 $451 $83,600 $14,500 $69,100
2020 $451 $83,600 $14,500 $69,100
2019 $451 $83,600 $14,500 $69,100
2018 $451 $83,600 $14,500 $69,100
2017 $410 $0 $0 $0
2016 $410 $0 $0 $0
2015 -- $83,600 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christopher Fox

    BHHS- Mountain Sky Properties, Wytheville

    (276) 617-0189

    120 in this area

    208 Total Sales

    Section Image
  • Tana Woodyard

    Buyer's Agent in 2022

    Tana Woodyard

    BHHS- Mountain Sky Properties, Wytheville

    (540) 320-3649

    25 in this area

    134 Total Sales

    Section Image

  • A

    Seller's Agent in 2020

    Alysha Alexander

    Weichert Realtors-Short Way Real Estate

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 84306

APN: 041A-007-0071-0007

Virginia Wythe County Wytheville 24382

1506 W Reservoir St, Wytheville, VA

This home is located at 1506 W Reservoir St, Wytheville, VA 24382 since 26 September 2022 and is currently estimated at $181,024, approximately $167 per square foot. This property was built in 1985. 1506 W Reservoir St is a home located in Wythe County with nearby schools including Spiller Elementary School, Scott Memorial Middle School, and George Wythe High School.

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