NOT LISTED FOR SALE

407 5th St Appalachia, VA 24216

Estimated Value: $40,321 - $65,000

3 Beds
2 Baths
1,220 Sq Ft
$42/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $27,000 $22 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $305/month

39 Days on Market

About This Home

As of March 2022

Home sold as is where is sold as is. Buyers and buyers agents to verify all information in this listing. Subject to e and o.

Last Agent to Sell the Property

Tim Gardner

Century 21 Bennett & Edwards License #0225061378 Listed on: 02/08/2022

Century 21 Bennett & Edwards

Last Buyer's Agent

Lucas Lockhart

Park Hill Realty Group, LLC License #346877,0225257051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252

Lot Details

  • Cleared Lot
  • Property is in below average condition

Home Design

  • Fixer Upper
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Powell Valley Elementary And Middle School
  • Union High School

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 017965

Home Details

Home Type

Single Family

Est. Annual Taxes

$252

Lot Details

0

Listing Details

  • Directions: From Big Stone Gap to Appalachia turn right at light to Inman then take next right onto Roberts and then next right to King st follow until you reac the top house on left sign in yard.
  • Prop. Type: Residential
  • Year Built: 9999
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Not In Subdivision
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Powell Valley
  • General Property Description Middle School2: Powell Valley
  • General Property Description High School3: Union
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: see deed
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1220.0
  • General Property Description Above Grade SqFt: 1220.0
  • General Property Description Parcel ID2: 017965
  • Roof Composition: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Fixer: Yes
  • Property Condition Below Average: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Below Average, Fixer
  • Roof: Composition
  • Topography: Cleared
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Oil
  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Oil: Yes

Schools

  • Elementary School: Powell Valley
  • High School: Union
  • Middle Or Junior School: Powell Valley

Lot Info

  • Zoning: Residential
  • Lot Dimensions: see deed
  • Parcel #: 017965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 24, 2022
Sold by
Castle 2020 Llc
Bought by
Sonaliinvestments Llc
Seller's Agent
Tim Gardner
Century 21 Bennett & Edwards
Buyer's Agent
Lucas Lockhart
Park Hill Realty Group, LLC
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%
Current Estimated Value
$51,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,830
Avg. Annual Appreciation
26.38%

Purchase Details

Closed on
Dec 29, 2021
Sold by
Dsv Spv2 Llc
Bought by
Castle 2020 Llc

Purchase Details

Closed on
Jul 31, 2017
Sold by
Rvfm 3 Llc
Bought by
Dsv Spv2 Llc

Purchase Details

Closed on
Jan 4, 2013
Sold by
Eldridge Johnny Scott
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2007
Sold by
Rollins Bobby and Rollins Trina R
Bought by
Eldridge Johnny Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
County Of Wise
Bought by
County Of Wise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sonaliinvestments Llc $27,000 Old Republic National Title
Castle 2020 Llc $16,600 New Title Company Name
Dsv Spv2 Llc -- None Available
Federal National Mortgage Association -- None Available
Eldridge Johnny Scott $2,000 None Available
County Of Wise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eldridge Johnny Scott $43,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Off Market $27,000 -- --
03/31/2022 03/31/22 Sold $27,000 -9.7% $22 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $29,900 -- $25 / 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
2024 $252 $36,500 $3,000 $33,500
2023 $252 $36,500 $3,000 $33,500
2022 $252 $36,500 $3,000 $33,500
2021 $344 $49,800 $3,000 $46,800
2020 $344 $49,800 $3,000 $46,800
2019 $344 $49,800 $3,000 $46,800
2018 $309 $49,800 $3,000 $46,800
2017 $299 $49,800 $3,000 $46,800
2016 $299 $49,800 $3,000 $46,800
2015 -- $49,800 $3,000 $46,800
2010 -- $49,800 $3,000 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9933652

Tennessee/Virginia Regional MLS

APN: R017965