NOT LISTED FOR SALE

1748 Holton Ave E Big Stone Gap, VA 24219

Estimated Value: $136,301

-- Bed
-- Bath
3,994 Sq Ft
$34/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $119,000 $30 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $832/month

26 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heat Pump System

About This Home

As of May 2022

This property has so much potential. At one time it was a radio station. There are possibilities to make this a 3 to 4 unit rental. There already is one unit currently rented. The main level could be commercial use and upstairs two rental units with some updating and changing some things around. Plenty of parking and a great location. ***Buyer to verify information herein. All information is taken from the tax records and third party information.

Last Agent to Sell the Property

Daniel Jackson

The Addington Agency License #0225194009 Listed on: 03/21/2022

Last Buyer's Agent

Non Member Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • No Landscaping

Home Design

  • Shingle Roof
  • Block Exterior
  • Masonite

Interior Spaces

  • 3,994 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Oven or Range
  • Laundry on upper level

Parking

  • Gravel Driveway
  • Open Parking

Schools

  • Union Primary Elementary School
  • Union Middle School
  • Union High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $450
  • Net Operating Income $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,088

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4562
  • Lot Size: 96 x 207 Irr
  • Road Surface Type: Paved
  • Directions: From Lonesome Pine Hospital. Head west toward Armory Rd. Turn right onto Armory Rd Turn left onto Holton Ave E Turn right to stay on Holton Ave E Destination will be on the left
  • Above Grade Finished Sq Ft: 3994
  • Structure Type: One Building
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Basement/Foundation Other/See Remarks
  • Fireplace Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3994
  • Window Features: Insulated Windows, Single Pane

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Masonite
  • Foundation Details: Basement/Foundation Other/See Remarks
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Other-See Remarks
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Union Primary School
  • High School: Union High School
  • Middle Or Junior School: Union Middle School

Lot Info

  • Lot Size Sq Ft: 19872
  • Zoning: Commercial
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 450
  • Property Net Operating Income: 5400
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2088.24
  • Tax Lot: 0
  • Tax Map Number: 034946
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 24, 2022
Sold by
Ewb Holdings Llc
Bought by
Gap Developing Llc
Seller's Agent
Daniel Jackson
The Addington Agency
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$159,900
Sold Price
$119,000
Premium/Discount to List
-$40,900
-25.58%
Current Estimated Value
$136,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,301
Avg. Annual Appreciation
3.99%
Original Mortgage
$107,100
Outstanding Balance
$45,888
Interest Rate
4.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$89,572

Purchase Details

Closed on
Dec 27, 2012
Sold by
Valley Boadcasting And Communications In
Bought by
Ewb Holdings Llc
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
Gap Developing Llc $119,000 Sturgill Law Office Pc
Ewb Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gap Developing Llc $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $119,000 -25.6% $30 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $159,900 -- $40 / 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 $1,275 $184,800 $25,000 $159,800
2024 $1,275 $184,800 $25,000 $159,800
2023 $1,275 $184,800 $25,000 $159,800
2022 $1,275 $184,800 $25,000 $159,800
2021 $1,275 $184,800 $25,000 $159,800
2020 $1,275 $184,800 $25,000 $159,800
2019 $1,275 $184,800 $25,000 $159,800
2018 $1,146 $184,800 $25,000 $159,800
2017 $1,109 $184,800 $25,000 $159,800
2016 $1,109 $184,800 $25,000 $159,800
2015 -- $184,800 $25,000 $159,800
2010 -- $184,800 $25,000 $159,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Jackson

    The Addington Agency

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Non Member

    Non Member Office

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81949

APN: R034946

Virginia Wise County Big Stone Gap 24219

1748 Holton Ave E, Big Stone Gap, VA

This home is located at 1748 Holton Ave E, Big Stone Gap, VA 24219 since 21 March 2022 and is currently estimated at $136,301, approximately $34 per square foot. This property was built in 1953. 1748 Holton Ave E is a home located in Wise County with nearby schools including King's Christian Academy.

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