NOT LISTED FOR SALE

397 Walnut Dr Cedar Bluff, VA 24609

Estimated Value: $145,000 - $162,268

3 Beds
1 Bath
1,378 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $94,500 $69 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $853/month

53 Days on Market

Highlights

  • Deck
  • Paneling
  • Living Room
  • No HOA
  • Cooling Available
  • Bathroom on Main Level

About This Home

As of March 2019

Looking for a well kept Brick Ranch near Richlands? This home may be just what you have been looking for. Constructed of brick with a newer metal roof for ease of maintenance. Features include a paved driveway, yard barn and a newer deck for entertaining friends and family. The owners have recently replaced the Heat Pump and have painted with warm neutral colors. The inside offers a large Family Room with a patio door and a Buck Stove Insert in a real brick fireplace The eat in kitchen has been spruced up with new white paint and Plantation Shutters. Close to Lebanon, Richlands and Tazewell with views of the surrounding mountains. Ideally located to Southwest Virginia Community College, hospitals and shopping. Appliances include Range, Dishwasher and Refrigerator.

Last Agent to Sell the Property

Marcus Gilbert

Riverside Realty & Auction Inc Listed on: 01/03/2019

Last Buyer's Agent

Lisa Cordle

Richlands Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Brick Fireplace
  • Insulated Windows
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Cedar Bluff Elementary School
  • Richlands Middle School
  • Richlands High School

Utilities

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

Community Details

  • No Home Owners Association
  • College Estates Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 0.28 Acres
  • Road Surface Type: Paved
  • Subdivision Name: College Estates
  • Directions: From Exit 3 in Tazewell, travel West on US-19/460 towards Richlands for approx. 18 miles. Take a Left at Traffic Light onto Wardell Rd., VA-609, and continue for approx. 2.2 miles. Turn Right onto State Rte 603, College Estates and continue for approx. 1 mile. Turn Right onto Walnut Dr. and travel 0.3 miles. House is on the Left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1973
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range Hood, Dishwasher, Range/Oven, Disposal, Refrigerator, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Paneling
  • Living Area: 1378
  • Window Features: Insulated Windows, No Window Treatments
  • 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 Level: First

Exterior Features

  • Lot Features: Rolling/Sloping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, None

Utilities

  • Laundry Features: First Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Not Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cedar Bluff
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Zoning: NONE
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 515.9
  • Tax Lot: 4
  • Tax Map Number: 168A-04-0004A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 28, 2019
Sold by
Jowers Jeffery
Bought by
Bryant Christopher Wayne
Seller's Agent
Marcus Gilbert
Riverside Realty & Auction Inc
Buyer's Agent
Lisa Cordle
Richlands Realty
List Price
$99,900
Sold Price
$94,500
Premium/Discount to List
-$5,400
-5.41%
Current Estimated Value
$154,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,567
Avg. Annual Appreciation
7.50%
Original Mortgage
$95,454
Outstanding Balance
$83,404
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$70,663
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bryant Christopher Wayne $94,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Christopher Wayne $95,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2019 03/28/19 Sold $94,500 -5.4% $69 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $99,900 +53.7% $72 / Sq Ft
01/14/2016 01/14/16 Sold $65,000 0.0% $46 / Sq Ft View Prior Sale
01/05/2016 01/05/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $65,000 -- $46 / 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 -- $128,200 $30,000 $98,200
2024 -- $128,200 $30,000 $98,200
2023 $553 $95,300 $12,000 $83,300
2022 $553 $95,300 $12,000 $83,300
2021 $553 $95,300 $12,000 $83,300
2020 $553 $95,300 $12,000 $83,300
2019 $553 $95,300 $12,000 $83,300
2018 $516 $95,300 $12,000 $83,300
2017 $516 $93,800 $12,000 $81,800
2016 -- $93,800 $12,000 $81,800
2015 -- $93,800 $12,000 $81,800
2014 -- $93,800 $12,000 $81,800
2013 -- $93,800 $12,000 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 67658

APN: 168A-04-0004A