NOT LISTED FOR SALE

26581 Preston Place Dr Abingdon, VA 24211

Estimated Value: $740,356 - $827,000

4 Beds
3.5 Baths
4,076 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $449,000 $110 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,311/month

511 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Watauga Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of April 2019

This stunning home built by Dwight Crane has stunning views and sits in the prestigious Preston Place community. This 4 bedroom home is finished with the highest quality!! This home has beautiful hardwood flooring, recessed lighting, crown molding, central vac, 2 different garages (1 attached and 1 detached), bonus office/workout room, and more!! This home has a large open concept living area on the main level, as well as a large 1st floor master suite!! There is a large kitchen island, formal dining area, gas fireplace, as well as a large unfinished workshop area in the basement for all your storage needs!! A quality home like this does not come available often and this property won't last long!!

Last Agent to Sell the Property

MATTHEW SMITH

Highlands Realty, Inc. Abingdon License #304086 Listed on: 09/21/2017

Last Buyer's Agent

GLENNA BUCHANAN

eXp Realty, LLC License #285149

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 2008

Lot Details

  • 2.25 Acre Lot
  • Lot Has A Rolling Slope
  • Garden
  • Property is in average condition
  • Property is zoned R1

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Bonus Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12, 13, 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Directions: On I-81 North, take Exit 17. Turn right onto Green Springs Road. Turn left onto Watauga Road. Turn right onto Good Hope Road. Turn left onto Cornelius Drive. Turn left onto Preston Place. Home is on the left. See sign.
  • Prop. Type: Residential
  • Year Built: 2008
  • Garage Garage Spaces: 4
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.25
  • General Property Description Zoning2: R1
  • 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: ~0.71 AC
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 4076.0
  • General Property Description Above Grade SqFt: 3271.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 12, 13, 14
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Foundation Block6: Yes
  • Window Features Window Treatment-Some: Yes
  • Other Rooms Bonus Room3: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Flooring Ceramic Tile: Yes
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Block, Partially Finished
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs
  • Window Features: Insulated Windows, Window Treatment-Some
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 805.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • Fireplace:Gas Log: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Exterior Features: Garden
  • Acres: 2.25
  • Topography: Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish HardiPlank Type: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Detached
  • Sq Ft DetailsGarageTotalSq Ft: 500
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • 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: R1
  • Lot Dimensions: ~0.71 AC
  • Lot Size Sq Ft: 98010.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 12, 13, 14
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Mar 29, 2019
Sold by
Edwards Robert Wayne and Edwards Mona S
Bought by
Canonico John P and Canonico Julia H
Seller's Agent
MATTHEW SMITH
Highlands Realty, Inc. Abingdon
Buyer's Agent
GLENNA BUCHANAN
eXp Realty, LLC
List Price
$494,000
Sold Price
$449,000
Premium/Discount to List
-$45,000
-9.11%
Current Estimated Value
$770,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,839
Avg. Annual Appreciation
8.60%
Original Mortgage
$279,000
Outstanding Balance
$245,291
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$525,548
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
Canonico John P $449,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canonico John P $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $449,000 -9.1% $110 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
09/21/2017 09/21/17 For Sale $494,000 -- $121 / 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 $2,640 $672,700 $62,500 $610,200
2024 $2,640 $440,000 $50,000 $390,000
2023 $2,640 $440,000 $50,000 $390,000
2022 $2,640 $440,000 $50,000 $390,000
2021 $2,640 $440,000 $50,000 $390,000
2019 $2,672 $424,200 $50,000 $374,200
2018 $2,672 $424,200 $50,000 $374,200
2017 $2,672 $424,200 $50,000 $374,200
2016 $2,628 $417,200 $40,000 $377,200
2015 $2,628 $417,200 $40,000 $377,200
2014 $2,628 $417,200 $40,000 $377,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 397368

Tennessee/Virginia Regional MLS

APN: 147D-1-13