$100,000
SOLD NOV 21, 2024
1 Bed
1 Bath
506 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

20% Below List Price

71 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Attic
  • Suncrest Elementary School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of November 2024

Hidden Gem. Private 1 bedroom cabin tucked away in downtown Morgantown with scenic surroundings. This rare find is located in downtown near WVU campus, hospitals, shopping plazas, and social nightlife. The property features 1 bedroom, large open concept living room with smaller kitchen, bathroom with standup shower, and a nice sized storage area. All new flooring installed (LVP and carpet). The exterior of the property has covered front porch, covered back porch area, on dead end street, and private yard. The property is old as it was built in 1945 but has lots of potential and with the right buyer they could truly make it their own. Letter of compliance valid through March 2027.

Last Agent to Sell the Property

Jasmin Patrick

BEL-CROSS PROPERTIES License #WVS210301598 Listed on: 08/09/2024

Co-Listed By

BRIAN MCCRACKEN

BEL-CROSS PROPERTIES License #WVS220302242

Last Buyer's Agent

C'Anna Keffer

COMPASS REALTY GROUP License #WVS190300903

COMPASS REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1945

Lot Details

  • 6,011 Sq Ft Lot
  • Home fronts a stream
  • Corner Lot
  • Wooded Lot
  • Private Yard

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 506 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Mountain Views
  • Storage In Attic
  • Range

Flooring

  • Wall to Wall Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Porch

Schools

  • Suncrest Elementary School
  • Suncrest Middle School
  • Morgantown High School

Utilities

  • Heating System Uses Gas
  • 150 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 0484

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Public Transportation
  • Community Library

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Year Built

Built in 1945

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 495 Falling Run Road
  • Second Address Number: 495
  • Directions: From WVU Mountainlair 1550 University Ave - Head northwest toward College Ave 315 ft. Turn left onto College Ave 148 ft. Turn right onto University Ave. 0.1 mi. Turn right onto Falling Run Rd 0.2 mi Turn right to stay on Falling run Rd (back left on hill)
  • Geo Address Line: 495 Falling Run Rd
  • Geo Longitude: -79.949112
  • Geo Primary City: Morgantown
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • Handicap Modified: No
  • Listing Office2: 73
  • List Type: Exclusive Right to Sell
  • Lot Dimension: 34, 68, 81, 88, 54
  • Number Of Stories: 1
  • Price per Sq Ft: 197.63
  • Selling Agent1: 3770
  • Selling Office1: 459
  • OFFICELIST_STATE: WV
  • Street Designation: Road
  • Building Style: Other, Log
  • TaxAmountDollars: 1162
  • FinishedSqFtAboveGrade: 506
  • Kitchen Level: 1
  • Living Rm Level: 1
  • Master Bdrm Level: 1
  • TotalFinLivingArea: 506
  • Year Built: 1945
  • PrimaryBdrmFeatures: Wall-to-Wall Carpet
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Has Attic: Interior Access Only, Storage Only
  • Has Basement: None
  • Kitchen Equipment: Smoke Detectors, Hot Water Heater Gas, Carbon Monoxide Detectors
  • Flooring: Luxury Vinyl Plank, Wall-to-Wall Carpet
  • Interior Amenities: Gas Stove Connection, Single Level Living, Other
  • Legal Description: BL 4 LOTS 40,41,42; 495 FALLING RUN ROAD
  • Lot Sq Ft: 6011
  • Basement Type: Detached
  • Appliances: Range, Refrigerator
  • Fireplace: Wood Burning Stove, Other
  • Kitchen Features: Luxury Vinyl Plank
  • LivingRmFeatures: Wall-to-Wall Carpet, Balcony/Deck
  • Number Of Bedrooms Above Grade: 1
  • Fireplaces: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1
  • Other Room 1: Other
  • Other Room 2: Bathroom

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Log
  • Exterior Features: Porch, Private Yard, Other
  • Fence: Other
  • Foundation: Other
  • Number of Acres: 0.138
  • Roof: Shingles
  • View: Mountain, Other
  • Waterfront: Stream/Creek

Garage/Parking

  • Garage Spaces: None
  • Parking: Off Street Parking, Other

Utilities

  • Cooling: None
  • Electricity: 150 Amps
  • Heating: Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Library, Public Transportation, Shopping/Mall, Other
  • Property Description: Corner, No Outlet Street, Wooded, Other
  • HOA: No

Fee Information

  • Tax Class: Single Family Detached

Schools

  • Elementary School: Suncrest Elementary
  • Middle School: Suncrest Middle
  • High School: Morgantown High
  • School District: Fourth Ward
  • Elementary School: Suncrest Elementary
  • High School: Morgantown High
  • Middle School: Suncrest Middle

Lot Info

  • Geo Update Timestamp: 2024-08-09
  • Deed Page: 226
  • Parcel #: 0484

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Tax Year: 2023

Multi Family

  • Unit Number of Bedrooms: 1

MLS Schools

  • School County: Monongalia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 18, 2024
Sold by
Spencer Stephen
Bought by
Stoehr Paige S and Moores William Todd
Seller's Agent
Jasmin Patrick
BEL-CROSS PROPERTIES
Buyer's Agent
C'Anna Keffer
COMPASS REALTY GROUP
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Views
201
Current Estimated Value
$110,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,144
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Jun 29, 2022
Sold by
Spencer Delcampo Roberta
Bought by
Spencer Stephen

Purchase Details

Closed on
Jun 9, 2022
Sold by
Spencer John Kevin
Bought by
Spencer Stephen
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $100,000 None Listed On Document
Quit Claim Deed -- Stone Samuel Spencer
Quit Claim Deed -- Stone Samuel Spencer
Quit Claim Deed -- Stone Samuel Spencer
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2024 11/21/24 Sold $100,000 -18.0% $198 / Sq Ft
10/04/2024 10/04/24 Price Changed $122,000 -2.4% $241 / Sq Ft
08/09/2024 08/09/24 For Sale $125,000 -- $247 / Sq Ft
Source: North Central West Virginia REIN

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 $1,161 $44,040 $26,880 $17,160
2023 $1,159 $44,040 $26,880 $17,160
2022 $1,115 $43,740 $26,880 $16,860
2021 $1,120 $43,740 $26,880 $16,860
2020 $1,124 $43,740 $26,880 $16,860
2019 $1,130 $43,740 $26,880 $16,860
2018 $1,133 $43,740 $26,880 $16,860
2017 $1,097 $42,180 $25,320 $16,860
2016 $1,051 $40,200 $23,340 $16,860
2015 $964 $38,220 $21,360 $16,860
2014 $874 $36,000 $19,380 $16,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central West Virginia REIN

MLS Number: 10155758

North Central West Virginia REIN

APN: 12-20-04840000