NOT LISTED FOR SALE

1541 Loop Rd Falls Mills, VA 24613

Estimated Value: $133,000 - $261,378

3 Beds
2.5 Baths
1,595 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $225,000 $141 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,207/month

182 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Storm Windows
  • Deck
  • Ranch Style House
  • Cooling Available

About This Home

As of June 2022

Don't miss out on this beautiful ranch and all it has to offer. Tucked away in a private and peaceful area. 3 car garage detached in the back. 12.5 acres of land with beautiful views and endless potential! Newly added 4th bedroom that could also serve as a family room.

Last Agent to Sell the Property

Steve Yost

COLDWELL BANKER YOST REAL ESTATE License #WV0011681 Listed on: 10/24/2021

COLDWELL BANKER YOST REAL ESTATE

Last Buyer's Agent

Jon Rash

COLDWELL BANKER YOST REAL ESTATE License #WV0029014

COLDWELL BANKER YOST REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1978

Lot Details

  • 12.5 Acre Lot
  • Partially Fenced Property
  • Wire Fence
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 1,595 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Dudley Elementary School
  • Graham Middle School
  • Graham High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 014A0038A, 0039

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 12.5
  • Lot Size: 12.5
  • Subdivision Name: None
  • Directions: Route 102 N from Bluefield VA. Approximately 2.5 turn left on Loop Rd, Rt. 660. Travel one mile to property on the right.
  • Above Grade Finished Sq Ft: 1595
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1978
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave Hood, Microwave, Range Hood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1595
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords
  • Room Bedroom2 Level: Main
  • Dining Room Features: Kitchen Combination
  • Living Room Living Room Level: Main
  • Room Family Room Level: Main
  • Room Bedroom3 Area: 100
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Room Living Room Area: 320
  • Room Bedroom3 Level: Main
  • Room Kitchen Area: 200
  • Dining Room Dining Room Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Room Master Bedroom Area: 154
  • Room Family Room Area: 360

Exterior Features

  • Fencing: Chain Link, Wire, Partial
  • Lot Features: Cleared, Wooded
  • Topography: Level,Sloping,Rolling
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck/Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: W/D Hookup, Main Level
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Cable Available
  • Water Source: Public

Schools

  • Elementary School: Dudley
  • High School: Graham
  • Middle Or Junior School: Graham

Lot Info

  • Lot Size Sq Ft: 544500
  • Farm Land Area Units: Square Feet
  • Parcel #: 014A0038A, 0039
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Jun 10, 2022
Sold by
Lucas Joseph C
Bought by
Lambert Richard A
Seller's Agent
Steve Yost
COLDWELL BANKER YOST REAL ESTATE
Buyer's Agent
Jon Rash
COLDWELL BANKER YOST REAL ESTATE
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$216,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,405
Avg. Annual Appreciation
-1.13%
Original Mortgage
$220,924
Outstanding Balance
$210,137
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$6,458
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
Lambert Richard A $225,000 Mullins Roger W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Richard A $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $225,000 0.0% $141 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $225,000 +40.6% $141 / Sq Ft
06/26/2020 06/26/20 Sold $160,000 0.0% $100 / Sq Ft View Prior Sale
04/30/2020 04/30/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $160,000 -- $100 / Sq Ft
Source: Mercer-Tazewell County Board 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
2023 $744 $128,200 $28,900 $99,300
2022 $744 $128,200 $28,900 $99,300
2021 $744 $128,200 $28,900 $99,300
2020 -- $128,200 $28,900 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mercer-Tazewell County Board of REALTORS®

MLS Number: 50617

APN: 014-A-0038A-0039