$59,900
SOLD NOV 8, 2018

490 2nd St Buchanan, VA 24066

3 Beds
1 Bath
1,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Central Academy Middle School Rated A-
  • No HOA
  • Lot Sloped Up

About This Home

As of May 2021

LOTS OF POTENTIAL IN THIS 3BR BRICK RANCH WITH A FULL BASEMENT. GREAT MOUNTAIN VIEWS FROM THE FRONT AND EASY WALK TO THE SWINGING BRIDGE AND RIVER.

Last Agent to Sell the Property

Robert Rouse

YOUNG REALTY COMPANY License #0225022611 Listed on: 09/05/2018

Last Buyer's Agent

Robert Rouse

YOUNG REALTY COMPANY License #0225022611 Listed on: 09/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $715

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56 x 110
  • Lot Sloped Up

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Mountain Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$715

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: None
  • Cooling System: Central Cooling, Window A/C
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1000.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2000
  • LaundryLaundryLowerLevel: 1
  • Major Area: 07 - Botetourt County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-10-15
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: TOWN OF BUCHANAN
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1000.00
  • TotalUnfin Sq Ft: 1000.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1000.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Buchanan
  • Middle School: Central Academy
  • High School: James River

Lot Info

  • Lot Description: Gentle Slope, Up Slope
  • Lot Dimensions: 56 X 110
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 5

Rental Info

  • Tenant: VACANT - FREE TO SHOW

Building Info

  • Year Built: 1973

Tax Info

  • Taxes (6 mo): 715.00
  • FILLTAXID: 65A(4)5

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 9, 2021
Sold by
Hickey Dan P and Hickey Jennifer L
Bought by
Earls Austen C and Brooks Samantha F
Seller's Agent
Janie Harris
JAMES RIVER REALTY LLC
Buyer's Agent
Damon Gettier
REAL BROKER LLC - DGA-SALEM
List Price
$149,900
Sold Price
$154,875
Premium/Discount to List
$4,975
3.32%
Current Estimated Value
$194,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,181
Avg. Annual Appreciation
7.68%
Original Mortgage
$156,439
Outstanding Balance
$143,270
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$68,509

Purchase Details

Closed on
Nov 24, 2019
Sold by
Wyrick Sandra and Rhodes Kellie L
Bought by
Hickey Dan P and Hickey Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,375
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 6, 2018
Sold by
Branch Banking And Trust Co
Bought by
Wyrick Sandra and Wyrick Kellie L
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
Buyer's Agent
Robert Rouse
YOUNG REALTY COMPANY
List Price
$64,900
Sold Price
$59,900
Premium/Discount to List
-$5,000
-7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Branch Banking And Trust Company
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 Type Sale Price Title Company
Warranty Deed $154,875 Fidelity National Title
Warranty Deed $124,500 Colonial Title&Stlmnt Agency
Special Warranty Deed $59,900 American Title & Settlement
Trustee Deed $94,340 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,439 New Conventional
Previous Owner $93,375 New Conventional
Previous Owner $90,600 Credit Line Revolving
Previous Owner $41,450 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $154,875 +3.3% $155 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $149,900 +150.3% $150 / Sq Ft
11/08/2018 11/08/18 Sold $59,900 -7.7% $60 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $64,900 -- $65 / Sq Ft
Source: Roanoke Valley 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 $902 $128,900 $14,200 $114,700
2023 $728 $92,200 $11,800 $80,400
2022 $728 $92,200 $11,800 $80,400
2021 $728 $92,200 $11,800 $80,400
2020 $728 $92,200 $11,800 $80,400
2019 $715 $90,500 $11,800 $78,700
2018 $715 $90,500 $11,800 $78,700
2017 $715 $90,500 $11,800 $78,700
2016 $715 $90,500 $11,800 $78,700
2015 $728 $101,100 $11,800 $89,300
2014 $728 $101,100 $11,800 $89,300
2010 -- $101,100 $11,800 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 852135

Roanoke Valley Association of REALTORS®

APN: 65A(4)5