NOT LISTED FOR SALE

23121 Montego Bay Rd Abingdon, VA 24211

Estimated Value: $556,000 - $687,000

3 Beds
2.5 Baths
3,160 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $560,000 $177 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,547/month

2 Days on Market

Highlights

  • Lake Front
  • Deck
  • Home Office
  • Watauga Elementary School Rated A-
  • Loft
  • Double Pane Windows

About This Home

As of October 2022

BACK ON THE MARKET AT NO FAULT OF THE SELLERS!!!! Here is your chance to own new construction on South Holston Lake! This beautiful home in Wyldwood Subdivision is still under construction and is projected to be finished the end of October. There is one bedroom on main level and two on bottom level with beautiful views of the lake. There is a fourth room that could be used as a bedroom but has no windows. There is a large walk-in pantry and kitchen island with custom butcher block. Huge windows and two large decks that overlook the lake. There is also a loft with a space that would be perfect for an office. The garage will be 792 square feet.
HOA fee is $180/year and it covers maintenance of the road and water lines. All information subject to errors & omissions. Buyer or buyer's agent to verify all information.

Last Agent to Sell the Property

Tracy Lewis

Berkshire HHS, Jones Property Group License #340843 Listed on: 08/22/2022

Last Buyer's Agent

Josh Taylor

REMAX Results Bristol License #315197

REMAX Results Bristol

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 126x444x127x463
  • Lake Front
  • Sloped Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Laminate Flooring
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 167b 1 21 011472

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Directions: I-81N, exit 17 right on to route 75 for 3 miles, turn left on Parks Mill Rd go 3 miles. Turn left on Montego Bay Rd. Home will be on the left
  • Prop. Type: Residential
  • Year Built: 2022
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not Listed
  • 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: 1.32
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Watauga
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Water Public: Yes
  • General Property Description Lot Dimensions: 126x444x127x463
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3160.0
  • General Property Description Above Grade SqFt: 1880.0
  • General Property Description Parcel ID2: 167b 1 21 011472
  • AC Heat Pump3: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Property Condition Under Construction: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: NewHome

Interior Features

  • Has Basement: Finished, Walk-Out Access
  • Flooring: Laminate
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1280.0
  • Fireplace Features: Living Room
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Interior Features:Pantry: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Loft: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Under Construction
  • Roof: Metal
  • View: Water
  • Waterfront Features: Lake Front
  • Acres: 1.32
  • Topography: Sloped
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Deck: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Parking Features: See Remarks
  • Sq Ft DetailsGarageAttachedSq Ft: 792
  • Sq Ft DetailsGarageTotalSq Ft: 792
  • Parking Features:See Remarks22: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 126x444x127x463
  • Lot Size Sq Ft: 57499.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 167b 1 21 011472
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 6, 2022
Sold by
Mullins Kevin Wayne and Mullins Mingkwan
Bought by
Toleca Llc
Seller's Agent
Tracy Lewis
Berkshire HHS, Jones Property Group
Buyer's Agent
Josh Taylor
REMAX Results Bristol
List Price
$690,000
Sold Price
$560,000
Premium/Discount to List
-$130,000
-18.84%
Current Estimated Value
$624,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,075
Avg. Annual Appreciation
4.59%
Original Mortgage
$669,400
Outstanding Balance
$645,882
Interest Rate
5.89%
Mortgage Type
Construction
Estimated Equity
-$7,746

Purchase Details

Closed on
Feb 24, 2021
Sold by
Mullins Kevin Wayne and Mullins Mingkwan Emme
Bought by
Mullins Kevin Wayne and Mullins Mingkwan Emme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 9, 2020
Sold by
Lawson William F and Lawson Sandra C
Bought by
Mullins Kevin Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2010
Sold by
Bassham Joyce R
Bought by
Lawson William F
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
Toleca Llc $560,000 --
Mullins Kevin Wayne -- None Available
Mullins Kevin Wayne $137,500 Attorney
Lawson William F $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toleca Llc $247,000
Open Toleca Llc $669,400
Previous Owner Mullins Kevin Wayne $450,000
Previous Owner Mullins Kevin Wayne $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $560,000 0.0% $177 / Sq Ft
10/11/2022 10/11/22 Off Market $560,000 -- --
07/18/2022 07/18/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $690,000 -- $218 / 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 $2,074 $772,100 $187,500 $584,600
2024 $2,074 $345,700 $150,000 $195,700
2023 $2,074 $345,700 $150,000 $195,700
2022 $900 $150,000 $150,000 $0
2021 $900 $150,000 $150,000 $0
2020 $630 $100,000 $100,000 $0
2019 $630 $100,000 $100,000 $0
2018 $630 $100,000 $100,000 $0
2017 $630 $100,000 $100,000 $0
2016 $630 $100,000 $100,000 $0
2015 $630 $100,000 $100,000 $0
2014 $630 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9940862

Tennessee/Virginia Regional MLS

APN: 167B-1-21