$44,900
SOLD FEB 26, 2013

16378 Rich Valley Rd Abingdon, VA 24210

2 Beds
1 Bath
672 Sq Ft
35 Acres

Recently Sold

$67 Per Sq Ft

36% Below List Price

15 Days on Market

Highlights

  • 35 Acre Lot
  • Mountain View
  • Lot Has A Rolling Slope
  • Greendale Elementary School Rated 9+
  • 1-Story Property
  • No Heating

About This Home

As of May 2016

Great opportunity to own a property in quiet county location. Property is in need of TLC but could make a great home. Please be careful when going up to front porch there is not any stairs.Property being sold in as-is condition. All offers must have proof of funds and Bank of America Prequalification letter. Please allow 2-3 business days for any seller response to any offers. Bank of America, N.A. employees and employees household members of the Bank are prohibited from purchasing this property, whether directly or indirectly. All financed offers require a BoA prequal and all cash offers require POF. Minimum commission of $1250.00 All information taken from taxes and must be verified by buyer and or buyers agent. All information subject to errors and ommissions.

Last Agent to Sell the Property

Ashley Foran

Southeastern Properties License #0225086504 Listed on: 01/15/2013

Last Buyer's Agent

Charles Foran

Southeastern Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1960

Lot Details

  • 35 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in below average condition

Parking

  • Gravel Driveway

Home Design

  • Plaster Walls
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 081A73006378

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Route 19 left on Rich Valley Rd. go approx 1 mile property on left.
  • Prop. Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • General Property Description Acres: 35.0
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Greendale
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 672.0
  • General Property Description Above Grade SqFt: 672.0
  • General Property Description Parcel ID2: 081A73006378
  • Roof Composition: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Property Condition Poor: Yes
  • Walls Plaster: Yes
  • Sewer Private Sewer: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Poor
  • Roof: Composition
  • View: Mountain(s)
  • Acres: 35.0
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Frame, Plaster
  • Exterior Finish Frame: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: None
  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 1524600.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 081A73006378
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2015
Closed on
May 16, 2016
Sold by
Fields Roger D and Fields Brenda K
Bought by
Austin Curtis R and Austin Heather M
Seller's Agent
FRED TWEED
MEADE REALTY
Buyer's Agent
Non Member
Non Member
List Price
$149,900
Sold Price
$120,000
Premium/Discount to List
-$29,900
-19.95%
Current Estimated Value
$233,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,192
Avg. Annual Appreciation
7.41%
Original Mortgage
$108,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2013
Closed on
Feb 20, 2013
Sold by
Wells Fargo Bank Na Trustee
Bought by
Fields Roger D
Seller's Agent
Ashley Foran
Southeastern Properties
Buyer's Agent
Charles Foran
Southeastern Properties
List Price
$70,000
Sold Price
$44,900
Premium/Discount to List
-$25,100
-35.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.70%

Purchase Details

Closed on
Apr 23, 2012
Sold by
Recontrust Company Na Sub Tr
Bought by
Wells Fargo Bank Na Tr and Bank Of America Funding Corp
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 Type Sale Price Title Company
Warranty Deed $120,000 Attorney
Special Warranty Deed $44,900 --
Trustee Deed $114,177 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Stand Alone Refi Refinance Of Original Loan
Closed $57,000 Stand Alone Second
Closed $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $120,000 -19.9% $82 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $149,900 +233.9% $102 / Sq Ft
02/26/2013 02/26/13 Sold $44,900 -35.9% $67 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $70,000 -- $104 / 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 $649 $285,600 $178,500 $107,100
2024 $649 $180,000 $129,500 $50,500
2023 $649 $25,800 $0 $25,800
2022 $649 $25,800 $0 $25,800
2021 $649 $180,000 $129,500 $50,500
2019 $653 $175,000 $129,500 $45,500
2018 $638 $172,500 $129,500 $43,000
2017 $750 $210,300 $149,500 $60,800
2016 $702 $226,200 $167,900 $58,300
2015 $702 $226,200 $167,900 $58,300
2014 $702 $226,200 $167,900 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 328489

Tennessee/Virginia Regional MLS

APN: 081-A-73