NOT LISTED FOR SALE

2459 Preston Rd Big Stone Gap, VA 24219

Estimated Value: $244,000 - $262,000

3 Beds
2 Baths
1,847 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $166,000 $90 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,383/month

67 Days on Market

Highlights

  • Mountain View
  • Sun or Florida Room
  • Enclosed Glass Porch
  • Ranch Style House
  • Workshop
  • Glass Enclosed

About This Home

As of September 2020

Location, Location, Location!!! This large one level brick ranch offers 3 beds, and 2 baths, kitchen, formal dinning, and a den. The 2 car garage is accompanied by a service garage for your lawn care equipment, or would be perfect for a workshop. The large almost perfectly flat yard offers ease of maintain and a nice buffer between you and the neighbors. Conveniently located right off of US23 you will have easy access to Big Stone Gap, or Norton. From this location you can be in Kingsport TN in approximately 40 minutes. Don't miss this opportunity! Call your agent today!! Buyers and buyers agents to verify all information contained in this listing. Subject to errors and omissions.

Last Agent to Sell the Property

Joshua Bolling

Century 21 Bennett & Edwards License #02252113911 Listed on: 07/16/2020

Last Buyer's Agent

Gary Grimes

Wallace License #303538

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.86 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,847 Sq Ft Home
  • Den with Fireplace
  • Workshop
  • Sun or Florida Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Glass Enclosed
  • Outdoor Storage
  • Enclosed Glass Porch

Schools

  • Union Elementary And Middle School
  • Union High School

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 016794

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0.86 Acres

Parking

3

Listing Details

  • Directions: Traveling North on US23 take Exit 2 Big Stone Gap. At the stop sign turn RIGHT and then Right onto Preston Rd. Home is the first property on the the right. Sign in Yard.
  • Prop. Type: Residential
  • Year Built: 1975
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • 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: 0.86
  • General Property Description Zoning2: Residental
  • General Property Description Elementary School3: Union
  • General Property Description Middle School2: Union
  • General Property Description High School3: Union
  • Water Public: Yes
  • General Property Description Lot Dimensions: see acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1847.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 016794
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • View Mountain(s): Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Utilities Cable Available: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Structures Storage2: Yes
  • Sewer Private Sewer: Yes
  • Heating Propane3: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Remarks Misc:userdefined80: Location, Location, Location!!! This large one level brick ranch offers 3 beds, and 2 baths, kitchen, formal dinning, and a den. The 2 car garage is accompanied by a service garage for your lawn care equipment, or would be perfect for a workshop. The large almost perfectly flat yard offers ease of maintain and a nice buffer between you and the neighbors. Conveniently located right off of US23 you will have easy access to Big Stone Gap, or Norton. From this location you can be in Kingsport TN in approximately 40 minutes. Don't miss this opportunity! Call your agent today!! Buyers and buyers agents to verify all information contained in this listing. Subject to errors and omissions.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Den: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Sun Room - Unheated: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Storage
  • View: Mountain(s)
  • Acres: 0.86
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Front Porch, Glass Enclosed, Side Porch, Unheated
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Unheated: Yes
  • PorchPatioDeck Side Porch: Yes
  • PorchPatioDeck Glass Enclosed: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump, Oil, Propane
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Oil: Yes

Schools

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

Lot Info

  • Zoning: Residental
  • Lot Dimensions: see acres
  • Lot Size Sq Ft: 37461.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 016794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 21, 2020
Sold by
Wells Nell H
Bought by
Pennington Jason T and Pennington Jamie R
Seller's Agent
Joshua Bolling
Century 21 Bennett & Edwards
Buyer's Agent
Gary Grimes
Wallace
List Price
$164,999
Sold Price
$166,000
Premium/Discount to List
$1,001
0.61%
Current Estimated Value
$250,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,359
Avg. Annual Appreciation
7.92%
Original Mortgage
$162,993
Outstanding Balance
$144,646
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$105,713
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pennington Jason T $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Jason T $162,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $166,000 +0.6% $90 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $164,999 -- $89 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,116 $161,700 $17,000 $144,700
2024 $1,116 $161,700 $17,000 $144,700
2023 $1,116 $161,700 $17,000 $144,700
2022 $1,116 $161,700 $17,000 $144,700
2021 $1,012 $146,700 $17,000 $129,700
2020 $927 $134,400 $17,000 $117,400
2019 $927 $134,400 $17,000 $117,400
2018 $633 $134,400 $17,000 $117,400
2017 $606 $134,400 $17,000 $117,400
2016 $606 $134,400 $17,000 $117,400
2015 $303 $134,400 $17,000 $117,400
2010 -- $134,400 $17,000 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9910479

Tennessee/Virginia Regional MLS

APN: R016794

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