NOT LISTED FOR SALE

324 Riverside Dr Independence, VA 24348

Estimated Value: $90,000 - $154,502

3 Beds
1 Bath
1,096 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $55,000 $50 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $740/month

20 Days on Market

Highlights

  • Deck
  • No HOA
  • 3 Car Detached Garage
  • Grayson County High School Rated 9+
  • Cottage
  • Fireplace

About This Home

As of November 2021

Once a country store and garage, the country store has been partially converted into a one bedroom, one bath home. There are two additional bedrooms above the store portion of the building that have no heat. The apartment is a cozy space with plenty of room for comfortable living. The owners use the three bay garage as an area to do maintenance and repairs on personal vehicles and equipment. Note in pictures a Kenworth road tractor in the process of being repaired. The owner has also had a skidder for logging inside the shop. This property has so much potential! Give us a call today to take a look!

Last Agent to Sell the Property

Felicia Hash

New River Realty 1, Inc. License #0225236694 Listed on: 10/18/2021

Last Buyer's Agent

Felicia Hash

New River Realty 1, Inc. License #0225236694 Listed on: 10/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1939

Lot Details

  • 0.88 Acre Lot
  • Level Lot
  • Cleared Lot
  • Garden
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • Open Parking

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Fireplace
  • Flue
  • Tilt-In Windows
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Oven or Range
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Independence Elementary School
  • Grayson Middle School
  • Grayson High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.883
  • Lot Size: .883 acres
  • Road Surface Type: Paved
  • Directions: From the intersection of US-21 and US-58E in Independence, VA, travel US-58E approximately two miles. Turn left onto Riverside Drive. Travel .05 of a mile to property on the right. See sign.
  • Above Grade Finished Sq Ft: 1810
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1939
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 144
  • Fireplace Features: Flue
  • Fireplace: Yes
  • Flooring: Newer Floor Covering
  • Interior Amenities: Paneling, Ceiling Fan(s), High Speed Internet
  • Living Area: 1096
  • Window Features: Tilt Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second

Exterior Features

  • Lot Features: Rolling/Sloping, Cleared, Level, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Garden
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open Deck
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Paved, Detached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: First Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 38463.48
  • Zoning: Resident
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 705.7
  • Tax Map Number: 74-A-72
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 30, 2021
Sold by
Hash Jared A and Hash Madison
Bought by
Brooks Family Ii Of Alleghany Llc
Seller's Agent
Felicia Hash
New River Realty 1, Inc.
Buyer's Agent
Felicia Hash
New River Realty 1, Inc.
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$126,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,126
Avg. Annual Appreciation
24.99%

Purchase Details

Closed on
Jun 8, 2017
Sold by
324 Riverside Drive Llc A Virginia Limit
Bought by
Hash Jared A and Hash Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2016
Sold by
Wagoner Edwin G and Wagoner Evelyn D
Bought by
324 Riverside Drive Llc A Virginia Limit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
3.42%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Dec 2, 2014
Sold by
Mccollister Paul
Bought by
Brooks James N
Source: Public Records

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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
Brooks Family Ii Of Alleghany Llc $55,000 Attorney
Hash Jared A $46,000 Blue Ridge Title & Stlmnt
324 Riverside Drive Llc A Virginia Limit $37,500 Attorney
Mcknight Ralph W $31,934 Attorney
Brooks James N $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hash Jared A $41,000
Previous Owner Mcknight Ralph W $241,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $55,000 -8.2% $50 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $59,900 -- $55 / 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 $481 $89,000 $16,500 $72,500
2023 $697 $89,000 $16,500 $72,500
2022 $490 $89,000 $16,500 $72,500
2021 $706 $83,000 $16,500 $66,500
2020 $697 $83,000 $16,500 $66,500
2019 $563 $83,000 $16,500 $66,500
2018 $563 $83,000 $16,500 $66,500
2017 $563 $83,000 $16,500 $66,500
2016 -- $105,500 $39,000 $66,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80489

APN: 74 - A- - 72