NOT LISTED FOR SALE

1557 Davis Valley Rd Rural Retreat, VA 24368

Estimated Value: $49,000 - $107,000

3 Beds
2 Baths
1,248 Sq Ft
$58/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $31,000 $25 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $416/month

79 Days on Market

Highlights

  • Mature Trees
  • Cottage
  • Porch
  • No HOA
  • Fireplace
  • 1 Car Attached Garage

About This Home

As of October 2019

This fixer-upper cottage with a 1 acre lot has breath taking views of the mountains that surround the Davis Valley Winery. This home is located near Rural Retreat Lake, the Appalachian Trail, and Hungry Mother State Park for the fishermen, hikers, and outdoor enthusiasts. It has a rolling yard with multiple outdoor sheds with electrical that would be perfect for work shops. The cottage is 3 bedrooms, 2 full bathrooms, with a kitchen upstairs and downstairs. Easily create an in-law suite during renovations for the downstairs while the upstairs is your main living area. Conveniently located three minutes from Interstate 81. Priced to sell. Sold "As-Is".

Last Agent to Sell the Property

David Cody Johnson

Koltown Properties Listed on: 06/16/2019

Last Buyer's Agent

David Cody Johnson

Koltown Properties Listed on: 06/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Lot Has A Rolling Slope
  • Mature Trees
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Bungalow
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Storm Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed
  • Outbuilding
  • Porch

Schools

  • Atkins Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$303

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 43,560 ft.
  • Directions: From the intersection of Windsor Rd. and I-81 (Exit 54) Travel North for .07 of a mile. Then merge right onto Davis Valley Road. Travel 1.6 miles and 1557 Davis Valley Road is on your left.
  • Above Grade Finished Sq Ft: 624
  • Architectural Style: Bungalow, Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1960
  • ResoBuildingAreaSource: Estimated
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 624
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Living Area: 1248
  • Window Features: Storm Window(s), No Window Treatments
  • ResoLivingAreaSource: Estimated
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Basement
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: Basement
  • Room Bedroom2 Level: First
  • Room Family Room Level: Basement
  • Bathroom Level: First

Exterior Features

  • Lot Features: Rolling/Sloping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Aluminum Siding
  • Exterior Features: Mature Trees
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch Open
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Atkins
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 43560
  • Zoning: R1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 302.66
  • Tax Map Number: 38-A-106 098515
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2019
Closed on
Sep 26, 2019
Sold by
Jones Tammy Lynn and Mcvey Carolyn Jean
Bought by
Wright Garrett Mckenzie
Seller's Agent
David Cody Johnson
Koltown Properties
Buyer's Agent
David Cody Johnson
Koltown Properties
List Price
$39,999
Sold Price
$31,000
Premium/Discount to List
-$8,999
-22.5%
Current Estimated Value
$72,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,593
Avg. Annual Appreciation
15.83%

Purchase Details

Closed on
Oct 25, 2017
Sold by
Maxey Mary Lou Smithey
Bought by
Jones Tammy Lynn and Mcvey Carolyn Jean
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
Wright Garrett Mckenzie $31,000 Attorney
Jones Tammy Lynn -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $31,000 -22.5% $25 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
06/16/2019 06/16/19 For Sale $39,999 -- $32 / 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
2025 $359 $60,900 $18,000 $42,900
2024 $359 $60,900 $18,000 $42,900
2023 $303 $40,900 $15,000 $25,900
2022 $303 $40,900 $15,000 $25,900
2021 $303 $40,900 $15,000 $25,900
2020 $303 $40,900 $15,000 $25,900
2019 $303 $40,900 $15,000 $25,900
2018 $303 $40,900 $15,000 $25,900
2017 $303 $40,900 $15,000 $25,900
2016 $303 $40,900 $15,000 $25,900
2015 $303 $0 $0 $0
2014 $298 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 69993

APN: 38-A-106