NOT LISTED FOR SALE

228 Gibson Ave NW Wise, VA 24293

Estimated Value: $93,000 - $124,000

3 Beds
1 Bath
1,040 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $50,000 $48 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $597/month

228 Days on Market

Highlights

  • Traditional Architecture
  • Paneling
  • Living Room
  • Front Porch
  • Window Unit Cooling System
  • Combination Kitchen and Dining Room

About This Home

As of July 2022

This older home is conveniently located in Wise with easy access to downtown shopping, restaurants, and events. It would make a great starter home or investment property.
Note: there is a .312 AC adjoining lot that goes with the house!
''Buyers and buyers agents to verify all information contained in this listing.''
''Subject to Errors & Omissions.''
Call today to schedule your showing!!!
New Roof just installed May 2022

Last Agent to Sell the Property

KAREN FRANKS

Century 21 Bennett & Edwards Listed on: 05/13/2022

Century 21 Bennett & Edwards

Last Buyer's Agent

Cassie Boyd

Uptown Properties License #0225259292

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Property is in below average condition

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Combination Kitchen and Dining Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • L F Addington Elementary School
  • L. F. Addington Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 013051, 036215

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: From West Main Street (near Powell Valley Bank) turn right onto Gibson Ave. NW. Continue to top of hill and bear right onto Gibson. Subject is 2nd house on right; sign at driveway.
  • Prop. Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.2
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: L F Addington
  • General Property Description Middle School2: L. F. Addington
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: see Acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1040.0
  • General Property Description Above Grade SqFt: 1040.0
  • General Property Description Parcel ID2: 013051, 036215
  • Roof Shingle: Yes
  • General Property Description Stories2: 1
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Excluded From Sale A C Window Units: Yes
  • Property Condition Fixer: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Rooms Living Room2: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen/Dining Combo
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Below Average, Fixer
  • Roof: Shingle, See Remarks
  • Acres: 0.2
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Rear Porch
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Porch: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Asphalt, Parking Spaces
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: L F Addington
  • High School: Central (Wise, Va)
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: see Acres
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 013051, 036215
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 11, 2022
Sold by
Jason Owens
Bought by
Martin Joseph L and Martin Paula Clark
Seller's Agent
KAREN FRANKS
Century 21 Bennett & Edwards
Buyer's Agent
Cassie Boyd
Uptown Properties
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Current Estimated Value
$106,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,974
Avg. Annual Appreciation
24.43%
Original Mortgage
$42,500
Outstanding Balance
$35,658
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$71,316

Purchase Details

Closed on
May 2, 2019
Sold by
Owens Letha
Bought by
Owens Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Joseph L $65,500 Tiller & Tiller Pc
Owens Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Joseph L $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Off Market $50,000 -- --
07/12/2022 07/12/22 Sold $50,000 -8.9% $48 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $54,900 0.0% $53 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $54,900 0.0% $53 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $54,900 -- $53 / 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 $471 $68,300 $11,200 $57,100
2024 $471 $68,300 $11,200 $57,100
2023 $411 $68,300 $11,200 $57,100
2022 $411 $59,500 $11,200 $48,300
2021 $382 $55,300 $11,200 $44,100
2020 $382 $55,300 $11,200 $44,100
2019 $382 $55,300 $11,200 $44,100
2018 $343 $55,300 $11,200 $44,100
2017 $319 $55,300 $11,200 $44,100
2016 $319 $53,100 $9,000 $44,100
2015 -- $53,100 $9,000 $44,100
2010 -- $53,100 $9,000 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9929383

Tennessee/Virginia Regional MLS

APN: R013051