NOT LISTED FOR SALE

251 Running Bear Ct Independence, VA 24348

Estimated Value: $862,583

4 Beds
4 Baths
4,350 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $932,000 $214 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,236/month

207 Days on Market

Highlights

  • 7.54 Acre Lot
  • Mature Trees
  • Cathedral Ceiling
  • Grayson County High School Rated 9+
  • Deck
  • Tudor Architecture

About This Home

As of July 2022

There are limited homes that are available in this world where the fresh air and natural water also offer a view that is breath taking. It's special and it changes each day at dawn, or during the day when the cloud shadows move across the valley and mountains below, or when the low cloud cover below looks like a large body of water with just a few peaks poking up like small islands, or the sun sets with cloud colors rarely seen. This is 251 Running Bear Court. Independence, VA is just 10 minutes away, but the PLM community offers privacy with over 300 acres being commonly owned grounds having access to hiking trails and The Pinnacle as well as various viewing sites. This property has a clear view of North Carolina's Blue Ridge Mountains from Grandfather Mountain in the west to Pilot Mountain and beyond to the east. . In the Living Area of this Craftsman Mountain home, is a Count Rumford Fireplace originally designed as most efficient by Count Rumford and Benjamin Franklin.

Last Agent to Sell the Property

Chris Morton

Morton Realty & Auction License #0225045108 Listed on: 10/17/2021

Last Buyer's Agent

Chris Morton

Morton Realty & Auction License #0225045108 Listed on: 10/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 2008

Lot Details

  • 7.54 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Mature Trees
  • Garden
  • Property is zoned RF

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Stone Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stone Veneer

Interior Spaces

  • 4,350 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Gas Log Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Tilt-In Windows
  • Living Room
  • Dining Room
  • Property Views

Kitchen

  • Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Utilities

  • Central Heating and Cooling System
  • Hydronic Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Propane
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

  • Association fees include other-see remarks
  • Point Lookout Mountain Subdivision

Listing and Financial Details

  • Tax Lot T-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 2008

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.543
  • Subdivision Name: Point Lookout Mountain
  • Directions: From intersection Rt. 58/Rt. 21 in Independence, Travel Rt. 21 North for 1.15 miles. Turn right onto Peach Bottom Rd. Travel 0.96 mile. Turn left onto Point Lookout Lane (gate access required). Travel 1.88 miles. Turn right onto Running Bear Ct. Property is on your left.
  • Above Grade Finished Sq Ft: 3220
  • Architectural Style: Other-See Remarks, Tudor
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 2008
  • ResoBuildingAreaSource: Plans
  • Kitchen Level: First
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oven, Range/Oven, Washer, Cooktop, Refrigerator, Dryer, Water Filter, Dishwasher, Range Hood, Disposal, Gas Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Finished, Exterior Entry, Basement/Foundation Other/See Remarks, Walk-Out Access
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1805
  • Fireplace Features: Brick, Wood Burning, Masonry, Gas Log, Ventless, Three or More
  • Fireplace: Yes
  • Flooring: Newer Floor Covering, Carpet, Tile
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), High Speed Internet, Internet Availability Other/See Remarks
  • Living Area: 4350
  • Window Features: Insulated Windows, Tilt Windows, No Window Treatments
  • ResoLivingAreaSource: Plans
  • Room Bedroom4 Area: 182
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 168
  • Master Bedroom Master Bedroom Level: Second
  • Room Office Area: 120
  • Room Bedroom2 Area: 208
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 540
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Basement
  • Bathroom 3 Level: Second
  • Room Office Level: First
  • Room Living Room Area: 540
  • Room Kitchen Area: 180
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 204

Exterior Features

  • Lot Features: Rolling/Sloping, Other, Cleared, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: HardiPlank Type, Stone Veneer, Brick, Dry Wall
  • Exterior Features: Other, Garden, Mature Trees, Lighting
  • Foundation Details: Permanent, Stone, Basement/Foundation Other/See Remarks, Concrete Perimeter
  • Patio And Porch Features: Open Deck, Patio, Porch Covered
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Second Level
  • Security: Security System, Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Propane, Central, Heat Pump, Hydronic, Other, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other-See Remarks

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Independence

Lot Info

  • Lot Size Sq Ft: 328573.08
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4105.82
  • Tax Lot: T-8
  • Tax Map Number: 53C-1-8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Jul 19, 2022
Sold by
Wallace Riddle Iii W and Wallace Olivia
Bought by
Phipps Kimberly Watson and Phipps Derek Mcrae
Seller's Agent
Chris Morton
Morton Realty & Auction
Buyer's Agent
Chris Morton
Morton Realty & Auction
List Price
$932,000
Sold Price
$932,000
Total Days on Market
207
Current Estimated Value
$862,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,417
Avg. Annual Appreciation
-2.76%
Original Mortgage
$150,000
Outstanding Balance
$143,343
Interest Rate
4.54%
Mortgage Type
New Conventional
Estimated Equity
$714,822
Source: Public Records

Range of Values:

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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
Phipps Kimberly Watson $932,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phipps Kimberly Watson $100,000
Open Phipps Kimberly Watson $150,000
Previous Owner Riddle W Wallace $264,100
Previous Owner Riddle D Wallace $50,000
Previous Owner Riddle D Wallace $289,000
Previous Owner Riddle Wallace $300,000
Previous Owner Riddle Wallace $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $932,000 0.0% $214 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
10/17/2021 10/17/21 For Sale $932,000 -- $214 / 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
2024 $4,634 $858,200 $101,200 $757,000
2023 $4,850 $858,200 $101,200 $757,000
2022 $4,177 $858,200 $101,200 $757,000
2021 $4,393 $707,900 $114,400 $593,500
2020 $4,322 $707,900 $114,400 $593,500
2019 $3,625 $707,900 $114,400 $593,500
2018 $3,625 $707,900 $114,400 $593,500
2017 $3,625 $707,900 $114,400 $593,500
2016 -- $707,900 $114,400 $593,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Morton

    Morton Realty & Auction

    (276) 773-3333

    27 in this area

    70 Total Sales

    Chris Morton
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80447

APN: 53C - 1- - 8

Virginia Grayson County Independence 24348

251 Running Bear Ct, Independence, VA

This home is located at 251 Running Bear Ct, Independence, VA 24348 since 17 October 2021 and is currently priced at $862,583, approximately $198 per square foot. This property was built in 2008. 251 Running Bear Ct is a home located in Grayson County with nearby schools including Grayson County High School.

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