NOT LISTED FOR SALE

265 Locust Point Rd Saltville, VA 24370

Estimated Value: $182,000 - $309,000

3 Beds
1.5 Baths
1,499 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $91,000 $61 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,295/month

18 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Cooling Available
  • Saltville Elementary School Rated 10
  • Paneling
  • Views

About This Home

As of April 2019

Super nice warm rancher with gorgeous hardwood floors, an inviting fireplace to cozy up to and a large yard. Throw in a beautiful view of the mountains and you have this lovely spot ready for you to call home. This home can be viewed at hudhomestore.com for more information and details. Please see all of the information at the HUDHOMESTORE.COM for details. Case number 544-162674. This home is sold "AS IS WHERE IS" and is open first to Owner Occupants. Buyer and Buyers Agent to determine internet availability.

Last Agent to Sell the Property

Sarah Russell

BHHS- Mountain Sky Properties - Bland License #0225228489 Listed on: 02/22/2019

BHHS- Mountain Sky Properties - Bland

Last Buyer's Agent

Kaye Brown

Southfork Realty LLC License #0225060109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1968

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 200 x 112
  • Cleared Lot
  • Garden
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Gas Log Fireplace
  • Casement Windows
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • Attached Carport
  • Paved Parking
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Saltville Elementary School
  • Northwood Middle School
  • Northwood High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Pleasant Heights Subdivision

Listing and Financial Details

  • Tax Lot 41B-2-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5142
  • Lot Size: 200 x 112
  • Road Surface Type: Paved
  • Subdivision Name: Pleasant Heights
  • Directions: I-81 to exit 35(Chilhowie). North on 107 for 5.3 miles to a right onto Old Rock Rd. Follow to Park Rd and turn left. Follow to Locust Point Rd and turn left. Home is located on your right. See sign.
  • Above Grade Finished Sq Ft: 1499
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1968
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: First
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1499
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Interior Amenities: Paneling, Other
  • Living Area: 1499
  • Window Features: Casement Windows, No Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom 1 Level: First
  • Bathroom Level: First

Exterior Features

  • Lot Features: Views, Cleared
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, Attached Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Saltville
  • High School: Northwood
  • Middle Or Junior School: Northwood

Lot Info

  • Lot Size Sq Ft: 22400
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 718.54
  • Tax Lot: 41B-2-6
  • Tax Map Number: 41B-2-6 0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Lomans Marcus and Lomans Kelly R
Bought by
Smith Michelle Lynn
Current Estimated Value
$224,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,060
Outstanding Balance
$203,947
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$20,120

Purchase Details

Closed on
Jan 21, 2020
Sold by
Freedom Mortgage Corp
Bought by
Lomans Marcus and Lomans Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.7%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 9, 2019
Sold by
The Secretary Of Hud
Bought by
Lomans Marcus and Lomans Kelly R
Seller's Agent
Sarah Russell
BHHS- Mountain Sky Properties - Bland
Buyer's Agent
Kaye Brown
Southfork Realty LLC
List Price
$91,000
Sold Price
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$285,000
Interest Rate
4.4%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Sep 26, 2018
Sold by
Pennymac Loan Services Llc
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 31, 2018
Sold by
Equity Trustees Llc
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Jun 23, 2017
Sold by
Cahill William E and Cahill Sharon S
Bought by
Cahill William E and Cahill Sharon E

Purchase Details

Closed on
Dec 30, 2009
Sold by
Osborne David William and Osborne Betty
Bought by
Cahill William E and Cahill Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2006
Sold by
Nutter Charles W and Nutter Sharon J
Bought by
Osborne David William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Michelle Lynn $204,000 Old Republic National Title
Lomans Marcus $71,000 Attorney
Lomans Marcus $91,000 Freedom Settlement Svcs Llc
The Secretary Of Hud -- None Available
Pennymac Loan Services Llc $100,440 None Available
Cahill William E -- None Available
Cahill William E $123,000 --
Osborne David William $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michelle Lynn $206,060
Previous Owner Lomans Marcus $177,000
Previous Owner Lomans Marcus $285,000
Previous Owner Cahill William E $108,109
Previous Owner Cahill William E $92,000
Previous Owner Osborne David W $96,500
Previous Owner Osborne David William $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $91,000 0.0% $61 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $91,000 -- $61 / 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 $921 $156,100 $15,000 $141,100
2024 $921 $156,100 $15,000 $141,100
2023 $779 $105,300 $12,500 $92,800
2022 $779 $105,300 $12,500 $92,800
2021 $779 $105,300 $12,500 $92,800
2020 $779 $105,300 $12,500 $92,800
2019 $719 $97,100 $12,500 $84,600
2018 $719 $97,100 $12,500 $84,600
2017 $719 $97,100 $12,500 $84,600
2016 $719 $97,100 $12,500 $84,600
2015 $719 $0 $0 $0
2014 $728 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 68240

APN: 41B-2-6