NOT LISTED FOR SALE

162 Palisades Dr Barboursville, WV 25504

Estimated Value: $854,000 - $983,000

1.11 Acres
$841,146 Price per Acre
48,352 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $887,500 $137 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,728/month

139 Days on Market

Highlights

  • 1.11 Acre Lot
  • Deck
  • Wood Flooring
  • Barboursville Middle School Rated A-
  • Wooded Lot
  • 2 Fireplaces

About This Lot

As of May 2024

Welcome to The Oaks where privacy, security, & nature settings awaits you. Through the private gates, just up to the right, your palace presents itself! Two car garage on the main level for everyday drivers, but a hidden driveway takes you to a secret trove where you can secure more cars than you have! You will enjoy high-end WOLF & SUB*ZERO appliances surrounded with deep chocolate colored, locally built cabinets. Enjoy a massive amount of countertop space, 2 sinks & a prep area! Open floor plan defined! The primary suite includes a huge make-up station flanked by marble sinks, a modern shower with rain head & body jets, & two lighted closets w/custom shelving. Dedicated office on the main floor. Up the stone steps is a MASSIVE room that can be a bedroom or a second living space. The finished basement which offers 13’ high ceilings, a wet bar, floor to ceiling stone, gas fireplace, a bedroom with full bath, a flex room, walk-out patio & our secret garage!

Last Agent to Sell the Property

Traci Thomas

RE/MAX Clarity License #WVB190300503 Listed on: 09/26/2023

RE/MAX Clarity

Last Buyer's Agent

Kim Kemper

Runyan & Associates REALTORS License #0028826

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 2017

Lot Details

  • 1.11 Acre Lot
  • Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Stone

Interior Spaces

  • 6,500 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Great Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Barboursville Elementary And Middle School
  • Cabell Midland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-0005-0136-0017-0000

Community Details

Overview

  • The Oaks Subdivision

Recreation

  • Deck
  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$4,806

Year Built

Built in 2017

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Sub Type: Ranch
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Lot Size: 0x0x0x0
  • Subdivision Name: The Oaks
  • Directions: I-64 W to exit 18, turn onto Rt. 2 towards Lesage. Follow 1.4 miles and turn right into The Oaks. House is on the right.
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2017
  • Property Sub Type Additional: Ranch,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Insert
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Wet Bar, Breakfast Area, Fireplace, Great Room, Cable TV
  • Living Area: 6500.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Wooded
  • Waterfront: No
  • Construction Type: Brick, Drywall, Stone
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Three Car Garage, Three or more Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Barboursville
  • High School: Cabell Midland
  • Middle Or Junior School: Barboursville

Lot Info

  • Parcel #: 01-0005-0136-0017-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4806.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Apr 16, 2024
Sold by
Raja Mansoor A and Raja Nabila M
Bought by
Osei Kofi and Osei Mary
Seller's Agent
Traci Thomas
RE/MAX Clarity
Buyer's Agent
Kim Kemper
Runyan & Associates REALTORS
List Price
$975,000
Sold Price
$887,500
Premium/Discount to List
-$87,500
-8.97%
Views
406
Current Estimated Value
$933,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,172
Avg. Annual Appreciation
4.21%
Original Mortgage
$887,500
Outstanding Balance
$877,100
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$62,433
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
Osei Kofi $887,500 Bestitle Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei Kofi $887,500
Previous Owner Raja Mansoor A $785,000
Previous Owner Raja Mansoor $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $887,500 -6.6% $137 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $950,000 -2.6% $146 / Sq Ft
09/26/2023 09/26/23 For Sale $975,000 -- $150 / Sq Ft
Source: Kanawha Valley 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
2024 $7,537 $433,440 $73,320 $360,120
2023 $5,936 $349,920 $66,660 $283,260
2022 $4,661 $337,080 $66,660 $270,420
2021 $4,550 $327,060 $66,660 $260,400
2020 $4,356 $327,060 $66,660 $260,400
2019 $4,485 $327,060 $66,660 $260,400
2018 $1,833 $66,660 $66,660 $0
2017 $1,834 $66,660 $66,660 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 267133

Kanawha Valley Board of REALTORS®

APN: 01-5-01360017