NOT LISTED FOR SALE

481 Payne Town Rd Max Meadows, VA 24360

Estimated Value: $187,451 - $191,000

3 Beds
1 Bath
1,238 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $115,000 $93 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,084/month

158 Days on Market

Highlights

  • 5 Acre Lot
  • Farm
  • No HOA
  • Mature Trees
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of May 2020

This brick ranch with 5+/- acres of nice fenced farm land in a convenient location to Hillsville, Pulaski or Wytheville has lots of potential! The home has an updated kitchen with laminate flooring, a dining room with pretty french doors, living room, 3 bedrooms and 1 full bath, original wood floors throughout, monitor oil heat, washer & dryer hookups on enclosed back porch, and a small basement area. Outside you'll find a side covered porch, newer guttering, detached garage, an outbuilding and a nice flat yard. Behind the home is a beautiful field for your cattle, garden, or quiet place just to be in the country. Come and see, country living is ready for you!

Last Agent to Sell the Property

Sandra Worrell

Primm Real Estate Firm, LLC License #0225230814 Listed on: 09/24/2019

Last Buyer's Agent

Non Member Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1956

Lot Details

  • 5 Acre Lot
  • The property's road front is unimproved
  • Corner Lot
  • Level Lot
  • Mature Trees
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Flue
  • Wood Frame Window
  • Partial Basement
  • Storm Windows
  • Laundry on main level
  • Property Views

Kitchen

  • Oven or Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Jackson Memorial Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Farming

  • Farm

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$537

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Lot Size: Refer to Deed
  • Road Surface Type: Unimproved
  • Subdivision Name: None
  • Directions: From the stoplight at the intersection of Hwy. 52 & Hwy. 58 in Hillsville, travel East on Hwy 58 to next stoplight and turn left onto Hwy. 221 N, travel to Sylvatus Hwy 100 and turn left. Continue on Hwy 100 just about 10 miles and turn left onto Castleton Rd. VA-607, turn right onto Payne Town Rd. VA-772. Home will be on the left. Driveway is to the left of the house.
  • Above Grade Finished Sq Ft: 1238
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1956
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range Hood, Range/Oven, Electric Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Flue
  • Fireplace: Yes
  • Flooring: Vinyl, Newer Floor Covering, Laminate
  • Interior Amenities: Ceiling Fan(s), Internet Availability Other/See Remarks
  • Living Area: 1238
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Single Pane, Wood Frames, Storm Window(s), No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Level, Views, Farm, Rolling/Sloping, Corner Lot
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Main 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: Jackson Memorial
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 217800
  • Zoning: Residentia
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 537.3
  • Tax Map Number: 062-000-0000-098
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Apr 7, 2020
Sold by
Wright Carl Collin
Bought by
Mcgrady Tammy Marie
Seller's Agent
Sandra Worrell
Primm Real Estate Firm, LLC
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Current Estimated Value
$189,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,226
Avg. Annual Appreciation
9.61%
Original Mortgage
$116,161
Outstanding Balance
$103,831
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$82,503
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
Mcgrady Tammy Marie $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrady Tammy Marie $116,161
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $115,000 -4.1% $93 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $119,900 -- $97 / 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 $630 $123,600 $41,500 $82,100
2023 $630 $122,500 $41,500 $81,000
2022 $630 $123,600 $41,500 $82,100
2021 $537 $99,500 $41,500 $58,000
2020 $537 $99,500 $41,500 $58,000
2019 $537 $99,500 $41,500 $58,000
2018 $537 $99,500 $41,500 $58,000
2017 $488 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $99,500 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 71458

APN: 062-000-0000-0098