NOT LISTED FOR SALE

5036 Back Valley Rd Big Stone Gap, VA 24219

Estimated Value: $214,000 - $324,000

3 Beds
2.5 Baths
1,680 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $310,000 $185 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,520/month

20 Days on Market

Highlights

  • Barn
  • Garage Apartment
  • Open Floorplan
  • Stables
  • 13.43 Acre Lot
  • Cape Cod Architecture

About This Home

As of October 2020

Beautiful Cape Cod in Powell Valley...This property offers a million dollar view in a very prominent area of SWVA on Back Valley Road of Powell Valley. The house offers over 1680 sq ft and is less than 10 years old. With 3 bedrooms, 2 1/2 baths, open floor plan, hardwood floors throughout, recessed lighting, Maple Merillat Kitchen Cabinets, concrete patio just outside the kitchen for dining outdoors and a large covered front porch for relaxing and enjoying the breathtaking views of these mountains.
There is also a large apartment over the two-car heated garage with one bedroom, full kitchen, and bathroom. Could be used for a guest house or rental property. Fenced yard includes a storage building. New water heater in both the house and apartment.
Circle around behind the garage to the barn which has 3 stables, tack shop, and loft . The barn has both water and electricity available. The drive to the barn is through a hardwood forest that is absolutely gorgeous. House, Garage, Apartment, Barn, Stables, 13+ acres with 1.2 acres across the road--this property HAS IT ALL! Located conveniently to health care and schools including The University of Virginia's College at Wise and Mountain Empire Community College. Also within minutes of the Jefferson National Forest and the Clinch River offering Outdoor Activities such as hunting, fishing, hiking, canoeing, kayaking, horseback riding, and ATV trails.
One of the most beautiful places in the region with a view that is spectacular. Information taken from seller and public records should be verified by buyer and buyer's agent. Call today for your private showing. Please give 24-hr notice.

Last Agent to Sell the Property

Randy Wampler

REMAX Cavaliers Listed on: 07/04/2020

REMAX Cavaliers

Co-Listed By

Yvonne Wampler

REMAX Cavaliers License #0225218122

Last Buyer's Agent

Taylor Bettis

Highlands Realty, Inc. Abingdon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 2010

Lot Details

  • 13.43 Acre Lot
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is in good condition
  • Property is zoned CR

Parking

  • 2 Car Detached Garage
  • Garage Apartment

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Mountain Views
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Shower Only

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

  • Union Elementary And Middle School
  • Union High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Sewer

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 038304, 017154

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Directions: Traveling North on US 23, take Exit 2 onto SR-610, turn right onto Powell Valley Rd. In approximately 1.5 miles turn left onto Back Valley Rd. In 1 mile driveway is on the right at sign.
  • Prop. Type: Residential
  • Year Built: 2010
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 715
  • Co List Office Phone: 276-321-7010
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 13.43
  • General Property Description Zoning2: CR
  • General Property Description Elementary School3: Union
  • General Property Description Middle School2: Union
  • General Property Description High School3: Union
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 3.181 ac + 10.248 ac
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1680.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 038304, 017154
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Roof Composition: Yes
  • Interior Features Shower Only: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Other Structures Barn(s): Yes
  • Fencing Pasture3: Yes
  • Other Structures Storage2: Yes
  • Sewer Private Sewer: Yes
  • TopographyLot Description Part Wooded: Yes
  • Other Structures Stable(s): Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Primary Downstairs, 2+ Person Tub, Open Floorplan, Shower Only, Walk-In Closet(s), Whirlpool
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:_two_ Person Tub: Yes
  • Interior Features:Whirlpool: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition, Metal
  • Other Structures: Stable(s), Barn(s), Outbuilding, Storage
  • View: Mountain(s)
  • Exterior Features: Pasture
  • Fencing: Pasture
  • Acres: 13.43
  • Topography: Level, Part Wooded, Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Patio
  • Exterior Features:Pasture: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Patio: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Other Rooms:Garage Apartment: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Private Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: CR
  • Lot Dimensions: 3.181 ac + 10.248 ac
  • Lot Size Sq Ft: 585010.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 038304, 017154
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Oct 1, 2020
Sold by
Preston Mitchell and Baumgartner Patricia
Bought by
Reker Lauren and Knutson Sayers Stephen
Seller's Agent
Randy Wampler
REMAX Cavaliers
Buyer's Agent
Taylor Bettis
Highlands Realty, Inc. Abingdon
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$260,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,237
Avg. Annual Appreciation
-3.48%

Purchase Details

Closed on
Oct 16, 2009
Sold by
Bage George and Bage Adelaide
Bought by
Mitchell Preston and Baumgartner Patricia

Purchase Details

Closed on
Jul 15, 2005
Sold by
Federal National Mortgage Association
Bought by
Bage George J and Bage Adelaid
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
Reker Lauren $310,000 Eastman Credit Union Title
Mitchell Preston $125,000 None Available
Bage George J $80,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $310,000 0.0% $185 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $310,000 -- $185 / 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 $1,193 $172,900 $35,900 $137,000
2023 $1,193 $172,900 $35,900 $137,000
2022 $1,193 $172,900 $35,900 $137,000
2021 $987 $143,100 $22,500 $120,600
2020 $987 $143,100 $22,500 $120,600
2019 $987 $143,100 $22,500 $120,600
2018 $887 $143,100 $22,500 $120,600
2017 $770 $143,100 $22,500 $120,600
2016 $770 $128,400 $22,500 $105,900
2015 $385 $128,400 $22,500 $105,900
2010 -- $41,900 $22,500 $19,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9909912

Tennessee/Virginia Regional MLS

APN: R038304