$25,000
SOLD MAR 21, 2025

40 Lake Dr Welch, WV 24801

2 Beds
1 Bath
1,116 Sq Ft
1 Acres

Recently Sold

$22 Per Sq Ft

17% Below List Price

11 Days on Market

Highlights

  • Wood Under Carpet
  • Living Room
  • Garden
  • Window Unit Cooling System
  • Bathroom on Main Level
  • Combination Kitchen and Dining Room

About This Home

As of March 2025

Two-bedroom, one bath with finished attic. Nice level lot with plenty of parking and small patio in the back.

Last Agent to Sell the Property

Judy Nystrom

Zaferatos Real Estate Brokerage Phone: 3042540972 License #WV0025079 Listed on: 03/09/2025

Last Buyer's Agent

Judy Nystrom

Zaferatos Real Estate Brokerage Phone: 3042540972 License #WV0025079 Listed on: 03/09/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Under Carpet
  • Laundry in Basement

Bedrooms and Bathrooms

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

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Open Parking

Schools

  • Welch Elementary School
  • Mt. View Middle School
  • Mt. View High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • LaundryFeatures: In Basement
  • LotFeatures: Less than 1 acre
  • Attribution Contact: 3042540972
  • MLS Status: Closed
  • Subdivision Name: None
  • Directions: From the Welch Post Office, travel on Riverside Drive and take the second left on to Lake Drive. Located near the intersection and traffic light at Coney Island in Welch.
  • Above Grade Finished Sq Ft: 1116
  • Accessibility Features: None
  • Flooring: Carpet over Hardwood
  • Interior Features: 1st Floor Bedroom, 1st Floor Bathroom, Drywall
  • Unit Levels: One and One Half
  • LivingArea: 1116
  • Roof: Metal
  • WindowFeatures: Drapes/Curtains
  • Year Built: 1948
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: Main
  • Room Kitchen Features: Semi Modern Dining/Kitchen
  • Room Bedroom2 Area: 90
  • Room Living Room Area: 132
  • Room Kitchen Area: 72
  • Dining Room Dining Room Level: Main
  • Room Dining Room Area: 56

Exterior Features

  • Acres: 1
  • Topography: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Garden

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Carport-1 Car, Asphalt, Concrete
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Association/Amenities

  • Association Fee Includes:Electricity: Welch

Schools

  • Ninth Grade High School: Mt. View
  • Middle Or Junior School: Mt. View

Lot Info

  • Lot Size Sq Ft: 43560
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Welch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2025
Closed on
Mar 19, 2025
Sold by
Moore Martha W and Walker Arnold P
Bought by
Timmons Eric
Seller's Agent
Judy Nystrom
Zaferatos Real Estate
Buyer's Agent
Judy Nystrom
Zaferatos Real Estate
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.68%
Source: Public Records

Similar Homes in Welch, WV

  • 519 Riverside Dr, Welch, WV 24801

    $29,000

    • 3 Beds
    • 1 Bath
    • 1,148 Sq Ft
    • 519 Riverside Dr
    • Welch, WV

    Three-bedroom brick, one full bath. Covered front porch. Walking distance to downtown.

    Judy Nystrom Zaferatos Real Estate

    Section Image
  • 102 Riverside Dr, Welch, WV 24801

    $29,500

    • 3 Beds
    • 2 Baths
    • 2,944 Sq Ft
    • 102 Riverside Dr
    • Welch, WV

    TLC but with some work it will shine again! Convenient to downtown. Sold AS IS. CASH ONLY! Home includes 6 lots, four lots with the house and 2 lots for lots of street parking. House has been vacant 2 years and was a home for a family before that.

    Karen Mays RIVERMONT REALTY GROUP, LLC

    Section Image
  • 96 Warden St, Welch, WV 24801

    $20,000

    • 3 Beds
    • 1 Bath
    • 1,108 Sq Ft
    • 96 Warden St
    • Welch, WV

    Located at 96 Warden Street, this 3-bedroom, 1-bath home is currently occupied but in need of major repairs and renovation. The home is being sold as-is and requires extensive TLC. Plumbing is currently non-functional — there is no running water due to broken pipes — though electricity is active. Interior and exterior repairs will be necessary, making this a strong candidate for investors or

    Christy Wood SOLUTIONS REAL ESTATE

    Section Image

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 Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $44,000 +76.0% $39 / Sq Ft
03/21/2025 03/21/25 Sold $25,000 -16.7% $22 / Sq Ft
03/09/2025 03/09/25 For Sale $30,000 -- $27 / Sq Ft
Source: Beckley Board 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 -- $13,440 $780 $12,660
2023 $0 $13,440 $780 $12,660
2022 $0 $12,780 $780 $12,000
2021 $0 $12,780 $780 $12,000
2020 $0 $12,780 $780 $12,000
2019 $0 $12,780 $780 $12,000
2018 $0 $12,660 $780 $11,880
2017 $0 $12,660 $780 $11,880
2016 $0 $12,540 $780 $11,760
2015 -- $12,540 $780 $11,760
2014 -- $12,120 $780 $11,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Beckley Board of REALTORS®

MLS Number: 90412

APN: 27-15- 10-0036.0000