NOT LISTED FOR SALE

16291 Rich Valley Rd Abingdon, VA 24210

Estimated Value: $223,989 - $271,000

3 Beds
1 Bath
1,722 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $150,000 $87 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,493/month

577 Days on Market

Highlights

  • 23.65 Acre Lot
  • Wood Flooring
  • Covered patio or porch
  • Greendale Elementary School Rated 9+
  • Farmhouse Style Home
  • Laundry Room

About This Home

As of August 2018

2 STORY FARM HOUSE ON 23.65 ACRES FEATURING 3 BEDROOMS, 1 BATH, LR, DINING AREA, KITCHEN. THE DWELLING HAS A COVERED FRON TPORCH & A COVERED SIDE PORCH. THERE ARE 3 OLD BARNS, & 4 SMALLER BUILDINGS ON THE PROPERTY. THE DWELLING & BARNS ARE IN POOR CONDITION NEEDING REPAIRS & CLEAN UP. PROPERTY IS BEING SOLD IN "AS IS" CONDITION, NO REPAIRS, INSPECTIONS OR CLEAN UP BY SELLER. COUNTY WATER IS LOCATED AT ROAD. THE DWELLING HAS LIMITED ACCESS.

Last Agent to Sell the Property

RALPH JOHNSON

MEADE REALTY Listed on: 01/23/2017

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $413

Year Built

  • Built in 1900

Lot Details

  • 23.65 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is in below average condition
  • Property is zoned A1

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Greendale Elementary School
  • E. B. Stanley Middle School
  • Abingdon High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 081-1-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: FROM EXIT 14 OF INTERSTATE 81 GO NORTH ON OLD JONESBORO ROAD TO MAIN STREET, RIGHT ON MAINS TREET TO RT. 19 (PORTERFIELD HWY), LEFT ON RT. 19 (PORTERFIELD HWY) TO RT. 700 (RICH VALLEY RD), LEFT ON RT. 700 (RICH VALLEY RD) TO PROPERTY ON LEFT, PROPERTY FRONTS RT. 700 AND GARRETT CREEK.
  • Prop. Type: Residential
  • Year Built: 1900
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farm House
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 23.65
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Greendale
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • General Property Description Lot Dimensions: 23.65 ACRES
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1722.0
  • General Property Description Above Grade SqFt: 1722.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 081-1-1
  • General Property Description Stories2: 2
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Other Rooms Laundry: Yes
  • TopographyLot Description Cleared: Yes
  • Roof Metal3: Yes
  • Property Condition Poor: Yes
  • Flooring Vinyl: Yes
  • Heating Propane3: Yes
  • Water Spring: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Hardwood, Vinyl
  • Window Features: Single Pane Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Poor
  • Roof: Metal
  • Acres: 23.65
  • Topography: Cleared, Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding, Other, See Remarks
  • Patio And Porch Features: Covered, Front Patio, Front Porch, Side Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Window Features:Single Pane Windows: Yes
  • PorchPatioDeck Side Porch: Yes
  • Exterior Finish Frame: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Baseboard, Propane, Space Heater
  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Spring
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Space Heater: Yes

Schools

  • Elementary School: Greendale
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley

Lot Info

  • Zoning: A1
  • Lot Dimensions: 23.65 ACRES
  • Lot Size Sq Ft: 1030194.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 081-1-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2018
Sold by
Gosnell Anthony K and Gosnell Maria J
Bought by
Gosnell Anthony K and Gosnell Maria J
Current Estimated Value
$266,468

Purchase Details

Listed on
Jan 23, 2017
Closed on
Aug 31, 2018
Sold by
Warren Sharon Kay
Bought by
Gosnell Anthony K and Gosnell Marie J
Seller's Agent
RALPH JOHNSON
MEADE REALTY
Buyer's Agent
Non Member
Non Member
List Price
$225,000
Sold Price
$150,000
Premium/Discount to List
-$75,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$120,000
Outstanding Balance
$105,076
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$151,171

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jul 23, 2018
Sold by
Warren Sharon Kay
Bought by
Price Ted R and Price Kathi L
Seller's Agent
RALPH JOHNSON
MEADE REALTY
Buyer's Agent
Non Member
Non Member
List Price
$225,000
Sold Price
$150,000
Premium/Discount to List
-$75,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$105,076
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$151,171
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
Gosnell Anthony K -- None Available
Gosnell Anthony K $150,000 Attorney
Price Ted R $25,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosnell Anthony K $120,000
Previous Owner Warren Sharon K $35,583
Previous Owner Warren C M $33,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $150,000 -33.3% $87 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
01/23/2017 01/23/17 For Sale $225,000 -- $131 / 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
2025 $413 $201,300 $133,700 $67,600
2024 $413 $132,800 $97,400 $35,400
2023 $413 $132,800 $97,400 $35,400
2022 $413 $132,800 $97,400 $35,400
2021 $413 $132,800 $97,400 $35,400
2019 $442 $131,300 $97,400 $33,900
2018 $445 $134,400 $100,500 $33,900
2017 $445 $134,400 $100,500 $33,900
2016 $457 $165,200 $129,400 $35,800
2015 $457 $165,200 $129,400 $35,800
2014 $457 $165,200 $129,400 $35,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 386772

Tennessee/Virginia Regional MLS

APN: 081-1-1