NOT LISTED FOR SALE

490 W Reservoir St Wytheville, VA 24382

Estimated Value: $364,297 - $441,000

3 Beds
3 Baths
1,848 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $185,500 $100 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,292/month

4 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Cathedral Ceiling
  • Scott Memorial Middle School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of October 2020

Privacy in town is what you will find in this 3 bedroom, 3 bath contemporary home brought to you right out of Better Homes and Gardens. This home has lots of room with a living room with fireplace and cathedral ceiling, dining area, galley kitchen with lots of cabinets, counter space and office area and a large family room with private bath that could easily be your master bedroom on the first floor. Inside you have tiled and hardwood flooring, oak cabinets and Anderson windows. Laundry is on main floor and basement also. You have a large 2 car garage with auto openers, 2 covered porches and an open deck from upstairs to look out over town. This is a one owner jewel that is ready for its new owner sitting on .50 acre.

Last Agent to Sell the Property

Judy Short

Weichert Realtors-Short Way Real Estate License #0225045099 Listed on: 09/04/2020

Weichert Realtors-Short Way Real Estate

Last Buyer's Agent

Ryan Cummins

RE/MAX Landmark Real Estate License #0225258315

RE/MAX Landmark Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1990

Lot Details

  • 0.5 Acre Lot
  • Mature Trees
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Gravel Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on main level
  • Property Views

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Spiller Elementary School
  • Scott Memorial Middle School
  • George Wythe High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,252

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: .50 ac
  • Road Surface Type: Paved
  • Directions: I-81S Exit 70. Left off exit. Right on Reservoir. House at end of street on the right. No Sign
  • Above Grade Finished Sq Ft: 1848
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1990
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Microwave, Refrigerator, Electric Water Heater
  • Has Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Walk-In Closet(s), Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet
  • Living Area: 1848
  • Window Features: Insulated Windows
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom 3 Level: Second
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: HardiPlank Type, Dry Wall
  • Exterior Features: Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered, Deck, Open Deck
  • Property Condition: Exterior Condition: Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, Drive Under, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spiller
  • High School: George Wythe
  • Middle Or Junior School: Scott Memorial

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1252.39
  • Tax Lot: 0
  • Tax Map Number: 41A-15-8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Cornett Adam D and Cornett Jessica J
Bought by
Hoagland Scott Lamar
Current Estimated Value
$402,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$182,275
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Estimated Equity
$192,475

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 27, 2020
Sold by
Hogue Lisa Edwina and Heath Rosalene Debord
Bought by
Cornett Adam C and Cornett Jessica J
Seller's Agent
Judy Short
Weichert Realtors-Short Way Real Estate
Buyer's Agent
Ryan Cummins
RE/MAX Landmark Real Estate
List Price
$187,500
Sold Price
$185,500
Premium/Discount to List
-$2,000
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$176,225
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Hoagland Scott Lamar $345,000 None Listed On Document
Hoagland Scott Lamar $345,000 None Listed On Document
Cornett Adam C $185,500 New Century Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoagland Scott Lamar $185,000
Closed Hoagland Scott Lamar $185,000
Previous Owner Iron Peak Ranch Llc $200,000
Previous Owner Cornett Adam D $35,000
Previous Owner Cornett Adam C $176,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $185,500 -1.1% $100 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $187,500 -- $101 / 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 $1,171 $229,600 $42,100 $187,500
2023 $1,171 $228,000 $42,100 $185,900
2022 $1,171 $229,600 $42,100 $187,500
2021 $973 $180,200 $42,100 $138,100
2020 $973 $180,200 $42,100 $138,100
2019 $973 $180,200 $42,100 $138,100
2018 $973 $180,200 $42,100 $138,100
2017 $883 $0 $0 $0
2016 $881 $0 $0 $0
2015 -- $179,800 $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: 75476

APN: 041A-015-0000-0008